Baytex Energy (BTE.TO) C$4.43 on 06 Jan 2026 Market Closed: Most active TSX stock with 12.25M shares
BTE.TO stock closed at C$4.43 on 06 Jan 2026, making Baytex Energy Corp. one of the most active names on the TSX with 12,247,344 shares traded. Investors pushed the intraday range between C$4.11 and C$4.53, near the 50-day average of C$4.10. The energy sector showed strength today, and Baytex’s volume spike followed recent quarterly beats and higher free cash flow per share, driving short-term trading interest and analyst updates.
BTE.TO stock price, volume and session snapshot
Baytex Energy Corp. (BTE.TO) finished the session on the TSX at C$4.43. Volume was 12,247,344, above the average volume of 5,858,463, signaling outsized trading interest. The day’s low was C$4.11 and the high was C$4.53. Market cap sits at C$3.29B, with 768,317,006 shares outstanding. The company’s 52-week range is C$1.91–C$4.65, and the stock is trading above its 50-day average (C$4.10) and 200-day average (C$3.11).
BTE.TO stock technicals and momentum signals
Technically, BTE.TO stock shows neutral momentum: RSI at 49.31 and MACD histogram near zero. Bollinger Bands are C$4.12–C$4.56 and ATR is C$0.17, indicating modest intraday volatility. On-balance volume (OBV) is 73,504,037, supporting the high intraday turnover. Short-term traders should watch the C$4.34 middle band and the C$4.12 lower band for support; a break below C$4.00 could invite heavier selling.
BTE.TO stock fundamentals and valuation
Baytex reports trailing EPS of C$0.28 and a trailing PE of 15.29. Key ratios: price-to-book 0.79, EV/EBITDA 2.93, and free cash flow yield 12.75%. Book value per share is C$5.45 and debt-to-equity is 0.48, reflecting manageable leverage versus peers. The company generated operating cash flow per share of C$2.25 and free cash flow per share of C$0.55. Valuation metrics point to value relative to the Energy sector average PE of ~19.96.
BTE.TO stock earnings and recent results
Baytex’s recent quarterly results showed mixed beats: on 2025-07-31 EPS was C$0.1963 on revenue C$886,579,000, above estimates. The company’s next earnings announcement is scheduled 2026-03-03. Analysts note improving operating cash flow and stronger free cash flow growth year-over-year. Forecasts for the next fiscal quarter show EPS estimates around C$0.07 with revenue estimates near C$745,400,000 for the 2025-09-30 period, reflecting commodity-price sensitivity.
Meyka AI rating and BTE.TO stock analysis
Meyka AI rates BTE.TO with a score out of 100: 78.85 | Grade: B+ | Suggestion: BUY. This grade factors in S&P 500 benchmark comparison, sector performance, financial growth, key metrics, and analyst consensus. The model highlights strong free cash flow yield (12.75%), attractive price-to-book (0.79), and improving cash generation, offset by below-average current ratio (0.58). These grades are model outputs and not financial advice.
BTE.TO stock outlook, forecasts and price targets
Meyka AI’s forecast model projects short-term and quarter targets: monthly C$4.31, quarterly C$5.31, and yearly C$1.59. Using the quarterly forecast, implied upside from C$4.43 is 19.82%. Reasonable price target range: conservative C$3.80 (-14.22%), base C$5.25 (+18.52%), and bull C$6.80 (+53.32%). Forecasts are model-based projections and not guarantees. See recent market commentary and analyst notes for updates Yahoo Finance quote and news and Yahoo Finance news feed for Baytex.
Final Thoughts
Baytex Energy (BTE.TO) closed the most active TSX session on 06 Jan 2026 at C$4.43 with heavy volume, reflecting renewed trader interest after consistent cash-flow improvement. The stock trades at a reasonable trailing PE of 15.29 and shows a strong free cash flow yield of 12.75%, supporting the view that valuation is attractive versus energy peers. Meyka AI’s forecast model projects a quarterly target of C$5.31, implying 19.82% upside from the current price. Our three-tier price target range — conservative C$3.80, base C$5.25, bull C$6.80 — maps to different commodity and production scenarios. Risks include commodity price swings, a below-par current ratio (0.58), and capital spending requirements. Traders should couple this BTE.TO stock view with sector strength in Energy (TSX Energy up 1.5% today) and watch the upcoming earnings on 2026-03-03. Meyka AI provides this as AI-powered market analysis; forecasts are projections, not guarantees, and this is not investment advice.
FAQs
Heavy trading followed a mix of quarterly beats and stronger free cash flow per share. Volume of **12.25M** shares exceeded the average, drawing short-term trader attention to BTE.TO stock and its valuation signals.
Meyka AI’s forecast projects a quarterly target of **C$5.31** and monthly **C$4.31**. Implied upside from **C$4.43** to **C$5.31** is **19.82%**. Forecasts are model-based projections and not guarantees.
BTE.TO stock shows value metrics: PE **15.29**, PB **0.79**, EV/EBITDA **2.93**, and free cash flow yield **12.75%**. These suggest relative cheapness versus the Energy sector average PE of **19.96**.
Baytex has an earnings date scheduled for **2026-03-03**. Traders should watch for updates to EPS and guidance that could change short-term sentiment on BTE.TO stock.
Disclaimer:
Stock markets involve risks. This content is for informational purposes only. Past performance does not guarantee future results. Meyka AI PTY LTD provides market analysis and data insights, not financial advice. Always conduct your own research and consider consulting a licensed financial advisor.