PortfoliosLab logo
BTE vs. REI
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

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.


Performance

BTE vs. REI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Baytex Energy Corp (BTE) and Ring Energy, Inc. (REI). The values are adjusted to include any dividend payments, if applicable.

Loading data...

Key characteristics

Sharpe Ratio

BTE:

-0.95

REI:

-1.05

Sortino Ratio

BTE:

-1.47

REI:

-1.84

Omega Ratio

BTE:

0.82

REI:

0.79

Calmar Ratio

BTE:

-0.57

REI:

-0.64

Martin Ratio

BTE:

-1.71

REI:

-1.92

Ulcer Index

BTE:

32.31%

REI:

31.97%

Daily Std Dev

BTE:

57.60%

REI:

56.00%

Max Drawdown

BTE:

-99.56%

REI:

-97.69%

Current Drawdown

BTE:

-96.46%

REI:

-96.38%

Fundamentals

Market Cap

BTE:

$1.24B

REI:

$152.33M

EPS

BTE:

$0.29

REI:

$0.36

PE Ratio

BTE:

5.55

REI:

2.05

PEG Ratio

BTE:

-0.98

REI:

1.82

PS Ratio

BTE:

0.37

REI:

0.45

PB Ratio

BTE:

0.42

REI:

0.18

Total Revenue (TTM)

BTE:

$3.76B

REI:

$350.92M

Gross Profit (TTM)

BTE:

$1.36B

REI:

$190.46M

EBITDA (TTM)

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

YTD

-37.12%

1M

4.55%

6M

-42.72%

1Y

-54.55%

3Y*

-32.82%

5Y*

40.16%

10Y*

-20.78%

REI

YTD

-45.76%

1M

-17.12%

6M

-51.79%

1Y

-58.56%

3Y*

-45.03%

5Y*

-9.12%

10Y*

-24.40%

*Annualized

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Baytex Energy Corp

Ring Energy, Inc.

Go deeper with the Portfolio Analysis tool — backtest performance, assess risk, compare to benchmarks, and more

Risk-Adjusted Performance

BTE vs. REI — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

BTE
The Risk-Adjusted Performance Rank of BTE is 77
Overall Rank
The Sharpe Ratio Rank of BTE is 55
Sharpe Ratio Rank
The Sortino Ratio Rank of BTE is 66
Sortino Ratio Rank
The Omega Ratio Rank of BTE is 66
Omega Ratio Rank
The Calmar Ratio Rank of BTE is 1414
Calmar Ratio Rank
The Martin Ratio Rank of BTE is 22
Martin Ratio Rank

REI
The Risk-Adjusted Performance Rank of REI is 44
Overall Rank
The Sharpe Ratio Rank of REI is 33
Sharpe Ratio Rank
The Sortino Ratio Rank of REI is 33
Sortino Ratio Rank
The Omega Ratio Rank of REI is 55
Omega Ratio Rank
The Calmar Ratio Rank of REI is 1111
Calmar Ratio Rank
The Martin Ratio Rank of REI is 11
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

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.


The current BTE Sharpe Ratio is -0.95, which is comparable to the REI Sharpe Ratio of -1.05. The chart below compares the historical Sharpe Ratios of BTE and REI, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Loading data...

Go to the full Sharpe Ratio tool to analyze any stock or portfolio. Customize time frames, set your own risk-free rate, and more

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.


TTM20242023202220212020201920182017201620152014
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.


Loading data...

Go to the full Drawdowns tool for more analysis options, including inflation-adjusted drawdowns, and more

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.


Loading data...

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.


Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities


0.00200.00M400.00M600.00M800.00M1.00B1.20B20212022202320242025
999.13M
79.09M
(BTE) Total Revenue
(REI) Total Revenue
Values in USD except per share items

BTE vs. REI - Profitability Comparison

The chart below illustrates the profitability comparison between Baytex Energy Corp and Ring Energy, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

Gross Margin
Operating Margin
Net Margin
Quarterly
Annual

-50.0%0.0%50.0%100.0%20212022202320242025
25.1%
-0.3%
(BTE) Gross Margin
(REI) Gross Margin
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%.