Baytex Energy Corp. (OTCMKTS:BTEGF – Get Free Report)’s stock price shot up 1.2% during mid-day trading on Tuesday . The stock traded as high as $5.07 and last traded at $4.95. 17,389,611 shares were traded during trading, an increase of 6,869% from the average session volume of 249,520 shares. The stock had previously closed at $4.89.
Baytex Energy Trading Up 1.2%
The company has a debt-to-equity ratio of 0.40, a current ratio of 0.81 and a quick ratio of 0.81. The company has a fifty day moving average of $4.61 and a 200-day moving average of $3.83. The firm has a market capitalization of $2.70 billion, a PE ratio of 3.37 and a beta of 2.16.
Baytex Energy Company Profile
Baytex Energy is a Canadian energy company engaged in the exploration, development and production of oil and natural gas resources. Headquartered in Calgary, Alberta, the company focuses primarily on developing heavy oil assets in Canada, complemented by light oil and condensate-rich natural gas production in the United States. Baytex operates key oil sands and conventional heavy oil projects in Western Canada’s Peace River and Lloydminster regions, as well as Eagle Ford Shale assets in Texas.
Since its incorporation in 1993, Baytex has expanded its portfolio through strategic acquisitions and organic growth initiatives.
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