Baytex Energy (BTE)
Baytex Energy Beneish M-Score: -3.017
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BTE Beneish M-Score Rankings
| Overall | 75th percentile | 938 of 3761 |
| Sector | 83rd percentile | 64 of 393 in Basic Materials |
| Industry | 77th percentile | 14 of 63 in Independent Oil & Gas |
BTE Beneish M-Score Range, Past 5 Years
| Minimum | -3.161 | Jun 2007 |
| Maximum | -1.472 | Dec 2010 |
| Average | -2.294 |
About Beneish M Score
The Beneish M Score helps to uncover companies who are likely to be manipulating their reported earnings. Companies with a higher score are more likely to be manipulators. This is a probabilistic model, so it will not detect manipulators with 100% accuracy.
The best cut-off point depends on the costs mistakenly classifying in one of two ways:
1) Classifying firm that is manipulating earnings as a non-manipulator (Type I error), and
2) Classifying a firm as a manipulator when it actually was not manipulating (Type II Error).
Here are optimal cut-offs according to Beneish, presented as the score followed by the cost of Type I error relative to cost of Type II error):
M Score HTML Table:
| Score | Relative Error Costs (Type I:Type II) |
|---|---|
| M Score > -1.49 | (10:1) | M Score > -1.78 | (20:1) | M Score > -1.89 | (40+:1) |
Beneish excluded financial institutions from his sample when calculating the M-Score, so extreme care should be taken when looking at M-Scores of financial firms - their business models are different from the manufacturing and other service firms that Beneish used in his study.
If you want more details, here is the original Beneish M Score Paper, or you can learn about our calculation by clicking "Learn More" below.
Learn More
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BTE News
$BTE is -5.1% down since open on unusual high volume and -5.4% down since close.
about 18 days ago by TradeBot
about 18 days ago by TradeBot
Baytex Announces First Quarter 2012 Results and Executive Management Changes
May 10, 8:00AM Marketwire
May 10, 8:00AM Marketwire
Baytex to Present at the CIBC 2012 Energy Conference and the IPAA Oil & Gas Investment Symposium
Apr 11, 4:30PM Marketwire
Apr 11, 4:30PM Marketwire
Baytex Energy Corp. (BTE) Approves Monthly Dividend of $0.22; 4.9% Yield
Mar 15, 4:17PM Street Insider
Mar 15, 4:17PM Street Insider
$BTE forms bearish "Double Top" chart pattern. http://stks.co/2o1B
about 76 days ago by RecogniaEvents
about 76 days ago by RecogniaEvents
Baytex to Present at FirstEnergy/Société Générale East Coast Energy Conference
Mar 01, 4:15PM Marketwire
Mar 01, 4:15PM Marketwire
Baytex Confirms January Dividend and Provides Information on Non-Resident Withholding Tax
Jan 17, 4:15PM Marketwire
Jan 17, 4:15PM Marketwire
EOD: P&L -2bps, Alpha vs. S&P -26bps, Portfolio Beta: 0.08, Net Exposure 86.75% Long, Leverage 38.84%, Closed: Sold $MPEL, New: Long $BTE
about 136 days ago by RSDtrading
about 136 days ago by RSDtrading
RT @KeithMcCullough My Energy tiger likes $BTE long - waiting on price there to hit the buy button @HedgeyeEnergy >monthly div, bot small
about 137 days ago by kwick
about 137 days ago by kwick
@Global_Trader $OIS does look good. Within oil/gas stocks, I also like $AREX, $BTE, $GEOI, $PETD, $WES. No positions, just screen results
about 153 days ago by walktothecabin
about 153 days ago by walktothecabin
$BTE Starting to underperform vs SPX. Presenting May 16 at Raymond James Canadaian Energy Conference http://stk.ly/km49zV
about 388 days ago by tradewithpete
about 388 days ago by tradewithpete
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| BTE | 46.60 | +0.55 | +1.19% | 5.534B |
| BTAL | 23.50 | -0.07 | -0.30% | |
| BT | 32.27 | -0.05 | -0.15% | 25.09B |
| BSX | 5.87 | -0.04 | -0.68% | 8.516B |
| BOBE | 40.44 | -0.13 | -0.32% | 1.189B |
| BNZ | 21.20 | +0.10 | +0.49% | |
| BNY | 16.28 | +0.04 | +0.25% | |
| BNVI | 0.116 | +0.00 | +0.00% | |
| BNS | 49.49 | -0.58 | -1.16% | 53.92B |
| BNHN | 16.13 | +0.00 | +0.00% | 288.40M |
