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.
Correlation
The correlation between BTE and REI is 0.50, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
BTE vs. REI - Performance Comparison
Key characteristics
BTE:
-0.47
REI:
0.09
BTE:
-0.41
REI:
0.50
BTE:
0.95
REI:
1.06
BTE:
-0.21
REI:
0.05
BTE:
-0.90
REI:
0.21
BTE:
21.95%
REI:
22.31%
BTE:
42.35%
REI:
50.27%
BTE:
-99.56%
REI:
-97.68%
BTE:
-94.65%
REI:
-93.32%
Fundamentals
BTE:
$1.93B
REI:
$269.55M
BTE:
-$0.40
REI:
$0.59
BTE:
-0.98
REI:
1.82
BTE:
$2.52B
REI:
$282.89M
BTE:
$1.02B
REI:
$221.60M
BTE:
$1.64B
REI:
$184.49M
Returns By Period
In the year-to-date period, BTE achieves a -5.04% return, which is significantly lower than REI's -0.00% return. Both investments have delivered pretty close results over the past 10 years, with BTE having a -18.18% annualized return and REI not far ahead at -18.06%.
BTE
-5.04%
-10.91%
-30.93%
-24.33%
18.39%
-18.18%
REI
-0.00%
-9.93%
-26.88%
-2.86%
-7.16%
-18.06%
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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.
Dividends
BTE vs. REI - Dividend Comparison
BTE's dividend yield for the trailing twelve months is around 2.70%, while REI has not paid dividends to shareholders.
TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
BTE Baytex Energy Corp | 2.70% | 2.56% | 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 -97.68%. Use the drawdown chart below to compare losses from any high point for BTE and REI. For additional features, visit the drawdowns tool.
Volatility
BTE vs. REI - Volatility Comparison
Baytex Energy Corp (BTE) and Ring Energy, Inc. (REI) have volatilities of 12.13% and 11.99%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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