Why Did Baytex Energy (BTE) Stock Fall This Week?

The share price of Baytex Energy Corp. (NYSE:BTE) fell by 15.46% between May 13 and May 20, 2025, putting it among the Energy Stocks that Lost the Most This Week. Let’s shed some light on the development.

Baytex Energy Corp. (NYSE:BTE) is engaged in the acquisition, development, and production of crude oil and natural gas in the Western Canadian Sedimentary Basin and in the Eagle Ford in the United States.

Baytex Energy Corp. (NYSE:BTE) reported mixed results for its Q1 2025 earlier this month, with its $0.07 falling below estimates by $0.02. However, the company’s revenue of $723.37 million managed to top expectations by almost $77 million. Baytex witnessed a 2% YoY increase in production per basic share during the quarter and generated $53 million in free cash, with $30 million returned to shareholders in the form of dividends and buybacks.

The share price of Baytex Energy Corp. (NYSE:BTE) surged last week after the global crude oil prices gained following a trade truce between the U.S. and China. However, the stock has fallen since then, probably due to investors taking their profits and also the slight decline in crude oil price.

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Disclosure: None.