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BTEBaytex Energy CorpHold4.8·$4.18

Baytex Energy (BTE) Q3 2026 earnings — TrendMatrix coverage

BEAT+10.0% vs estimateEPS $0.22 vs $0.20 estCurrent verdict Hold 4.8/10

Reported

Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure · Editorial policy

Event detail · Q3 2026

Key numbers

Adjusted EPS
$0.22
Estimate
$0.20
Surprise
+10.0%
Score today
4.8/10

Revenue for this quarter isn’t shown: the reported figure hasn’t cleared TrendMatrix’s freshness and sanity checks yet, and consensus revenue isn’t tracked. EPS above is the available figure.

Report record · Q3 2026

How the report landed

Baytex Energy (BTE) beat the $0.20 estimate with adjusted EPS of $0.22 — a large 10.0% upside surprise.

Around the report

Coverage in the report window

  • TD Securities Upgrades Baytex Energy to Buy — fiscal.ai, 2026-11-06
  • TD Cowen Upgrades Baytex Energy to Buy — fiscal.ai, 2026-11-06
  • Baytex Energy Reports Q3 2026 Results and Updates Strategic Plan — fiscal.ai, 2026-11-06
Current read · as of 2026-11-07

Where TrendMatrix's rating stands now

TrendMatrix currently rates BTE Hold at 4.8/10; no pre/post engine snapshot brackets this report.

2 of the last 4 quarters beat the estimate; this quarter's +10.0% surprise compares with a -1081.8% four-quarter average. Next scheduled report: 2027-03-03.

What supports the rating

  • Sector modifier (Energy): +1.2
  • Earnings estimates trending UP

What argues against it

  • V7 low-quality RISK_OFF penalty: -0.5 (Q=4.7)
  • Consecutive earnings misses (2)
  • Weak overall score: 4.8/10

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.

Current engine read

The levels TrendMatrix's engine tracks

Current price
$4.18
Price target
$5.50
Stop
$4.04
Upside to target
+31.6%

Risk check: RSI 16 — a level conventionally read as oversold.

Model outputs from TrendMatrix’s engine as of 2026-11-07 — shown for context, not personalized investment advice.

Energy context

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
$2.92B
P/E (fwd)
10.9
52-week range
$2.36–$5.61
Off 52-week high
25.5%
RSI (14)
16
Volume vs avg
1.16×
Score today
4.8/10

EPS and the estimate come from Yahoo Finance’s earnings calendar, captured around the report date. That EPS is the adjusted figure analysts forecast, so it can differ from the GAAP diluted EPS in the company’s filing, and consensus estimates vary between data providers. Revenue comes from SEC XBRL company facts where available, yfinance-provisional otherwise. Not a buy/sell rating, a price target, or investment advice — see the current verdict on the stock’s main page for TrendMatrix’s live read.

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