Baytex Energy (MEX:BTEN) Moat Score: 4/10 (As of Jun. 27, 2026)


MEX:BTEN Baytex Energy Corp MEX:BTEN
52 GF Score
Price MXN108.57
GF Value MXN38.35
! 4 Warning Signs
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What is Baytex Energy Moat Score?

Baytex Energy MEX:BTEN 52 Moat Score is 4 as of Jun. 27, 2026. GuruFocus rates MEX:BTEN with a GF Score™ of 52/100 and a GF Value™ of MXN38.35. The stock has 4 warning signs investors should review. Among 1,041 Oil & Gas companies, Baytex Energy ranks better than 87.22% on this metric.

Baytex Energy has the Moat Score of 4, which implies that the company might have Narrow Moat - Discernible but modest moat.

Baytex Energy has Narrow Moat: Baytex Energy Corp has a modest moat due to its established operations in the energy sector and some cost advantages. However, it lacks significant regulatory barriers, brand strength, or pricing power to establish a stronger moat.

Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more.

The company's Moat Score is based on these criteria:

1. Market leadership and sustainable market share
2. Network effects and significant customer switching costs
3. Valuable intellectual property and patents
4. Strong brand strength and deep customer loyalty
5. Durable cost advantages (e.g., economies of scale, proprietary technology)
6. Significant regulatory barriers and exclusive licenses
7. Superior distribution network
8. Strong and sustainable pricing power
9. Consistent and impactful innovation and R&D capabilities

Based on the research, GuruFocus believes Baytex Energy might have Narrow Moat - Discernible but modest moat.

Baytex Energy  (MEX:BTEN) Moat Score Explanation

The Moat Score ranges from 0 to 10, with 10 as the highest. GuruFocus divided Moat Score into following 8 categories:

Moat Score Moat Level
10Wide Moat - Exceptionally dominant and durable wide moat
8 - 9Wide Moat - Clear and robust wide moat
7Wide Moat - Entry-level wide moat, clearly possessing durable advantages
6Narrow Moat - Strong narrow moat, clearly distinguishable but not wide
5Narrow Moat - Solid narrow moat
4Narrow Moat - Discernible but modest moat
1 - 3No Moat - Very weak/transient advantages
0No Moat - No discernible moat

Baytex Energy Moat Score Related Terms

MEX:BTEN vs COP, EOG, OXY: Moat Score Comparison

For the Oil & Gas E&P subindustry, Baytex Energy's Moat Score, along with its competitors' market caps and Moat Score data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Baytex Energy Moat Score vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Baytex Energy's Moat Score distribution charts can be found below:

* The bar in red indicates where Baytex Energy's Moat Score falls into.


MEX:BTEN
52GF Score
Baytex Energy Corp MEX:BTEN
Moat Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Frequently Asked Questions Learn more about Moat Score →
What does a Moat Score of 4 mean?
Baytex Energy (MEX:BTEN) has a Moat Score of 4 as of Jun. 27, 2026. Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more. According to the industry distribution chart, Baytex Energy ranks #133 out of 1041 companies in the Oil & Gas industry, placing it in the top 12.8%.
Is Baytex Energy's Moat Score too high?
Baytex Energy's current Moat Score is 4. The Oil & Gas industry median Moat Score is 1.00. Baytex Energy's value of 4 is 300% above this industry median. Based on the distribution chart, Baytex Energy ranks #133 out of 1041 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Baytex Energy has a GF Score™ of 52/100, reflecting its overall financial health beyond just this single metric.
How does Baytex Energy's Moat Score compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Baytex Energy ranks #133 out of 1041 companies for Moat Score. This places Baytex Energy in the top 13% of its industry — outperforming the majority of peers. The industry median Moat Score is 1.00. Baytex Energy's value of 4 is 300% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Moat Score for an Oil & Gas company?
The median Moat Score among Oil & Gas companies is 1.00, based on 1,041 companies in the industry. Companies in the top quartile (top 25%) have a Moat Score significantly above this median, while those in the bottom quartile fall well below. However, Moat Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Baytex Energy's current Moat Score of 4 is 300% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Moat Score mean?
A high Moat Score can signal that a stock is expensive relative to its fundamentals. Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more. For the Oil & Gas industry, the median Moat Score is 1.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Baytex Energy's current Moat Score is 4. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Baytex Energy stock overvalued right now?
Baytex Energy (MEX:BTEN) has a current Moat Score of 4. The stock's GF Value™ is MXN38.35, compared to a current price of MXN108.57 — trading 183.1% above its estimated fair value. The current Moat Score is 4 and 300% above the Oil & Gas industry median of 1.00. Baytex Energy's overall GF Score™ is 52/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Moat Score calculated?
Moat Score is calculated from a company's financial statements. For Baytex Energy (MEX:BTEN), the current Moat Score is 4 as of Jun. 27, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Baytex Energy (MEX:BTEN) Overvalued in 2026?

Based on GuruFocus' analysis, Baytex Energy stock appears to be overvalued. The current stock price of MXN108.57 is trading 183.1% above its estimated GF Value™ of MXN38.35.

Key valuation signals for MEX:BTEN:

  • Moat Score: 4
  • GF Value™: MXN38.35 vs. price of MXN108.57 (183.1% above fair value)
  • GF Score™: 52/100 with 4 warning signs
  • Industry Position: 300% above the Oil & Gas median (#133 of 1041)

No single metric tells the full story. See the MEX:BTEN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Baytex Energy Business Description

Industry EnergyOil & Gas
Address 2800, 520 - 3rd Avenue SW, Centennial Place, East Tower, Calgary, AB, CAN, T2P 0R3
Baytex Energy Corp is an oil and gas company. Geographically, the group operates in Canada and the United States. The company derives a majority of revenue from Canada. Its Canada segment includes the exploration, development, and production of crude oil and natural gas in Western Canada.
52GF Score

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Moat Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN108.57
Price
MXN38.35
GF Value