Baytex Energy (BTE) Q2 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure
Key numbers
- Adjusted EPS
- $0.23
- Estimate
- $0.08
- Surprise
- +192.5%
- Revenue (period 2026-06-30)
- $639.9M
- Score at report (before → after)
- 6.1 → 6.6/10
Revenue source: yfinance_provisional (provisional — SEC XBRL not yet filed for this period).
How the report landed
Baytex Energy (BTE) beat the $0.08 estimate with adjusted EPS of $0.23 — a large 192.5% upside surprise. TrendMatrix's engine moved from Sell (6.1/10) to Hold at 6.6/10 after the report.
Where TrendMatrix's rating stands now
TrendMatrix currently rates BTE Sell at 6.4/10.
1 of the last 4 quarters beat the estimate; this quarter's +192.5% surprise compares with a -1095.0% four-quarter average. Next scheduled report: 2026-11-05.
What supports the rating
- Sector modifier (Energy): +1.2
- Attractive valuation
What argues against it
- V7 low-quality RISK_OFF penalty: -0.5 (Q=5.0)
- Consecutive earnings misses (3)
- News modifier -1: HOLD_IF_HOLDING → SELL_IF_HOLDING
This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.
The levels TrendMatrix's engine tracks
- Current price
- $4.58
- Price target
- $5.10
- Stop
- $4.36
- Upside to target
- +11.4%
Risk check: RSI 29 — a level conventionally read as oversold.
Model outputs from TrendMatrix’s engine as of 2026-09-24 — shown for context, not personalized investment advice.
BTE at TrendMatrix's latest read
Energy results are commodity-price arithmetic first; the operational beat or miss is read net of what the strip already told the market.
- Industry
- Oil & Gas E&P
- Market cap
- $3.20B
- P/E (fwd)
- 16.3
- 52-week range
- $2.18–$5.36
- Off 52-week high
- 14.6%
- RSI (14)
- 29
- Volume vs avg
- 1.11×
- Score today
- 6.4/10