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BTE
Price
$2.94
Change
-$0.04 (-1.34%)
Updated
Nov 15 closing price
95 days until earnings call
MEGEF
Price
$17.96
Change
-$0.74 (-3.96%)
Updated
Nov 15 closing price
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BTE vs MEGEF

Header iconBTE vs MEGEF Comparison
Open Charts BTE vs MEGEFBanner chart's image
Baytex Energy
Price$2.94
Change-$0.04 (-1.34%)
Volume$6.63M
CapitalizationN/A
Meg Energy
Price$17.96
Change-$0.74 (-3.96%)
Volume$22.41K
CapitalizationN/A
BTE vs MEGEF Comparison Chart
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BTE
Daily Signalchanged days ago
Gain/Loss if shorted
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MEGEF
Daily Signalchanged days ago
Gain/Loss if shorted
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VS
BTE vs. MEGEF commentary
Nov 18, 2024

To compare these two companies we present long-term analysis, their fundamental ratings and make comparative short-term technical analysis which are presented below. The conclusion is BTE is a Sell and MEGEF is a StrongSell.

COMPARISON
Comparison
Nov 18, 2024
Stock price -- (BTE: $2.94 vs. MEGEF: $17.96)
Brand notoriety: BTE and MEGEF are both not notable
Both companies represent the Oil & Gas Production industry
Current volume relative to the 65-day Moving Average: BTE: 53% vs. MEGEF: 55%
Market capitalization -- BTE: $3.07B vs. MEGEF: $5.06B
BTE [@Oil & Gas Production] is valued at $3.07B. MEGEF’s [@Oil & Gas Production] market capitalization is $5.06B. The market cap for tickers in the [@Oil & Gas Production] industry ranges from $151.38B to $0. The average market capitalization across the [@Oil & Gas Production] industry is $3.97B.

Long-Term Analysis

It is best to consider a long-term outlook for a ticker by using Fundamental Analysis (FA) ratings. The rating of 1 to 100, where 1 is best and 100 is worst, is divided into thirds. The first third (a green rating of 1-33) indicates that the ticker is undervalued; the second third (a grey number between 34 and 66) means that the ticker is valued fairly; and the last third (red number of 67 to 100) reflects that the ticker is undervalued. We use an FA Score to show how many ratings show the ticker to be undervalued (green) or overvalued (red).

BTE’s FA Score shows that 0 FA rating(s) are green whileMEGEF’s FA Score has 1 green FA rating(s).

  • BTE’s FA Score: 0 green, 5 red.
  • MEGEF’s FA Score: 1 green, 4 red.
According to our system of comparison, BTE is a better buy in the long-term than MEGEF.

Short-Term Analysis

It is best to consider a short-term outlook for a ticker by using Technical Analysis (TA) indicators. We use Odds of Success as the percentage of outcomes which confirm successful trade signals in the past.

If the Odds of Success (the likelihood of the continuation of a trend) for each indicator are greater than 50%, then the generated signal is confirmed. A green percentage from 90% to 51% indicates that the ticker is in a bullish trend. A red percentage from 90% - 51% indicates that the ticker is in a bearish trend. All grey percentages are below 50% and are considered not to confirm the trend signal.

BTE’s TA Score shows that 3 TA indicator(s) are bullish while MEGEF’s TA Score has 2 bullish TA indicator(s).

  • BTE’s TA Score: 3 bullish, 5 bearish.
  • MEGEF’s TA Score: 2 bullish, 7 bearish.
According to our system of comparison, BTE is a better buy in the short-term than MEGEF.

Price Growth

BTE (@Oil & Gas Production) experienced а -1.01% price change this week, while MEGEF (@Oil & Gas Production) price change was -4.52% for the same time period.

The average weekly price growth across all stocks in the @Oil & Gas Production industry was -0.30%. For the same industry, the average monthly price growth was -0.36%, and the average quarterly price growth was -7.87%.

Reported Earning Dates

BTE is expected to report earnings on Feb 20, 2025.

Industries' Descriptions

@Oil & Gas Production (-0.30% weekly)

The oil and gas production segment includes companies that specialize in exploration, development, and production of oil and natural gas. These companies are focused on upstream operations. Companies typically identify deposits, drill wells, and extract raw materials from underground. The industry also includes related services like rig operations, feasibility studies, machinery rentals etc. Several operators in this industry work with various types of contractors such as engineering procurement and construction contractors, as well as with joint-venture partners and oil field service companies. Oil and gas often involves large fixed costs of production; so, declining crude oil prices, for example, is a potential negative for this industry. Conoco Phillips, EOG Resources, Inc. and Pioneer Natural Resources Company are some examples of companies operating in this space.

SUMMARIES
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FUNDAMENTALS
Fundamentals
MEGEF($5.06B) has a higher market cap than BTE($3.07B). MEGEF has higher P/E ratio than BTE: MEGEF (13.26) vs BTE (3.55). MEGEF YTD gains are higher at: 0.223 vs. BTE (-11.446). MEGEF has higher annual earnings (EBITDA): 1.42B vs. BTE (691M). MEGEF has more cash in the bank: 66M vs. BTE (55.8M). MEGEF has less debt than BTE: MEGEF (1.62B) vs BTE (2.44B). MEGEF has higher revenues than BTE: MEGEF (6B) vs BTE (3.38B).
BTEMEGEFBTE / MEGEF
Capitalization3.07B5.06B61%
EBITDA691M1.42B49%
Gain YTD-11.4460.223-5,128%
P/E Ratio3.5513.2627%
Revenue3.38B6B56%
Total Cash55.8M66M85%
Total Debt2.44B1.62B151%
FUNDAMENTALS RATINGS
BTE vs MEGEF: Fundamental Ratings
BTE
MEGEF
OUTLOOK RATING
1..100
8950
VALUATION
overvalued / fair valued / undervalued
1..100
38
Fair valued
75
Overvalued
PROFIT vs RISK RATING
1..100
6120
SMR RATING
1..100
8960
PRICE GROWTH RATING
1..100
6276
P/E GROWTH RATING
1..100
6082
SEASONALITY SCORE
1..100
n/a50

Tickeron ratings are formulated such that a rating of 1 designates the most successful stocks in a given industry, while a rating of 100 points to the least successful stocks for that industry.

BTE's Valuation (38) in the null industry is somewhat better than the same rating for MEGEF (75). This means that BTE’s stock grew somewhat faster than MEGEF’s over the last 12 months.

MEGEF's Profit vs Risk Rating (20) in the null industry is somewhat better than the same rating for BTE (61). This means that MEGEF’s stock grew somewhat faster than BTE’s over the last 12 months.

MEGEF's SMR Rating (60) in the null industry is in the same range as BTE (89). This means that MEGEF’s stock grew similarly to BTE’s over the last 12 months.

BTE's Price Growth Rating (62) in the null industry is in the same range as MEGEF (76). This means that BTE’s stock grew similarly to MEGEF’s over the last 12 months.

BTE's P/E Growth Rating (60) in the null industry is in the same range as MEGEF (82). This means that BTE’s stock grew similarly to MEGEF’s over the last 12 months.

TECHNICAL ANALYSIS
Technical Analysis
BTEMEGEF
RSI
ODDS (%)
N/A
N/A
Stochastic
ODDS (%)
Bearish Trend 3 days ago
79%
Bullish Trend 3 days ago
85%
Momentum
ODDS (%)
Bullish Trend 3 days ago
80%
Bearish Trend 3 days ago
81%
MACD
ODDS (%)
Bullish Trend 3 days ago
80%
Bearish Trend 3 days ago
63%
TrendWeek
ODDS (%)
Bearish Trend 3 days ago
80%
Bearish Trend 3 days ago
74%
TrendMonth
ODDS (%)
Bullish Trend 3 days ago
78%
Bearish Trend 3 days ago
74%
Advances
ODDS (%)
Bullish Trend 12 days ago
83%
Bullish Trend 4 days ago
85%
Declines
ODDS (%)
Bearish Trend 5 days ago
82%
Bearish Trend 6 days ago
74%
BollingerBands
ODDS (%)
Bearish Trend 3 days ago
90%
Bearish Trend 3 days ago
69%
Aroon
ODDS (%)
Bearish Trend 3 days ago
80%
Bearish Trend 3 days ago
76%
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BTE
Daily Signalchanged days ago
Gain/Loss if shorted
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MEGEF
Daily Signalchanged days ago
Gain/Loss if shorted
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BTE and

Correlation & Price change

A.I.dvisor indicates that over the last year, BTE has been closely correlated with ZPTAF. These tickers have moved in lockstep 81% of the time. This A.I.-generated data suggests there is a high statistical probability that if BTE jumps, then ZPTAF could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To BTE
1D Price
Change %
BTE100%
-1.34%
ZPTAF - BTE
81%
Closely correlated
-1.50%
SPGYF - BTE
79%
Closely correlated
-1.36%
TNEYF - BTE
78%
Closely correlated
-0.53%
VET - BTE
76%
Closely correlated
-0.70%
OBE - BTE
75%
Closely correlated
-2.49%
More

MEGEF and

Correlation & Price change

A.I.dvisor indicates that over the last year, MEGEF has been closely correlated with CNQ. These tickers have moved in lockstep 80% of the time. This A.I.-generated data suggests there is a high statistical probability that if MEGEF jumps, then CNQ could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To MEGEF
1D Price
Change %
MEGEF100%
-3.96%
CNQ - MEGEF
80%
Closely correlated
-2.73%
SPGYF - MEGEF
77%
Closely correlated
-1.36%
VRN - MEGEF
77%
Closely correlated
-2.08%
BTE - MEGEF
77%
Closely correlated
-1.34%
MTDR - MEGEF
75%
Closely correlated
-2.06%
More