Correlation
The correlation between BTE and REI is 0.22, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
BTE vs. REI
Compare and contrast key facts about Baytex Energy Corp (BTE) and Ring Energy, Inc. (REI).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BTE or REI.
Performance
BTE vs. REI - Performance Comparison
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Key characteristics
BTE:
-0.95
REI:
-1.05
BTE:
-1.47
REI:
-1.84
BTE:
0.82
REI:
0.79
BTE:
-0.57
REI:
-0.64
BTE:
-1.71
REI:
-1.92
BTE:
32.31%
REI:
31.97%
BTE:
57.60%
REI:
56.00%
BTE:
-99.56%
REI:
-97.69%
BTE:
-96.46%
REI:
-96.38%
Fundamentals
BTE:
$1.24B
REI:
$152.33M
BTE:
$0.29
REI:
$0.36
BTE:
5.55
REI:
2.05
BTE:
-0.98
REI:
1.82
BTE:
0.37
REI:
0.45
BTE:
0.42
REI:
0.18
BTE:
$3.76B
REI:
$350.92M
BTE:
$1.36B
REI:
$190.46M
BTE:
$2.02B
REI:
$210.19M
Returns By Period
In the year-to-date period, BTE achieves a -37.12% return, which is significantly higher than REI's -45.76% return. Over the past 10 years, BTE has outperformed REI with an annualized return of -20.78%, while REI has yielded a comparatively lower -24.40% annualized return.
BTE
-37.12%
4.55%
-42.72%
-54.55%
-32.82%
40.16%
-20.78%
REI
-45.76%
-17.12%
-51.79%
-58.56%
-45.03%
-9.12%
-24.40%
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Risk-Adjusted Performance
BTE vs. REI — Risk-Adjusted Performance Rank
BTE
REI
BTE vs. REI - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Baytex Energy Corp (BTE) and Ring Energy, Inc. (REI). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
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Dividends
BTE vs. REI - Dividend Comparison
BTE's dividend yield for the trailing twelve months is around 4.00%, while REI has not paid dividends to shareholders.
TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
BTE Baytex Energy Corp | 4.00% | 2.55% | 1.02% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 19.72% | 14.39% |
REI Ring Energy, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
BTE vs. REI - Drawdown Comparison
The maximum BTE drawdown since its inception was -99.56%, roughly equal to the maximum REI drawdown of -97.69%. Use the drawdown chart below to compare losses from any high point for BTE and REI.
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Volatility
BTE vs. REI - Volatility Comparison
Baytex Energy Corp (BTE) has a higher volatility of 21.54% compared to Ring Energy, Inc. (REI) at 15.71%. This indicates that BTE's price experiences larger fluctuations and is considered to be riskier than REI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Financials
BTE vs. REI - Financials Comparison
This section allows you to compare key financial metrics between Baytex Energy Corp and Ring Energy, Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
BTE vs. REI - Profitability Comparison
BTE - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, Baytex Energy Corp reported a gross profit of 250.75M and revenue of 999.13M. Therefore, the gross margin over that period was 25.1%.
REI - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, Ring Energy, Inc. reported a gross profit of -203.61K and revenue of 79.09M. Therefore, the gross margin over that period was -0.3%.
BTE - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, Baytex Energy Corp reported an operating income of 188.11M and revenue of 999.13M, resulting in an operating margin of 18.8%.
REI - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, Ring Energy, Inc. reported an operating income of 22.36M and revenue of 79.09M, resulting in an operating margin of 28.3%.
BTE - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, Baytex Energy Corp reported a net income of 69.59M and revenue of 999.13M, resulting in a net margin of 7.0%.
REI - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, Ring Energy, Inc. reported a net income of 9.11M and revenue of 79.09M, resulting in a net margin of 11.5%.