Investing.com - Baytex Energy Corp (TSX:BTE) reported first quarter earnings that missed analysts' expectations on Friday and revenue that topped forecasts.
The firm reported earnings per share of C$0.1 on revenue of C$673.83M. Analysts polled by Investing.com forecast EPS of C$0.22 on revenue of C$92.58M. .
For the year, Baytex Energy Corp shares are up 68.03%, outperforming the S&P/TSX which is down 2.17% year to date.
Baytex Energy Corp follows other major Energy sector earnings this month
On Friday, TC Energy reported first quarter EPS of C$1.12 on revenue of C$3.54B, compared to forecasts of EPS of C$1.11 on revenue of C$3.34B.
Cenovus Energy Inc earnings beat analyst's expectations on Wednesday, with first quarter EPS of C$0.79 on revenue of C$16.2B. Investing.com analysts expected EPS of C$0.6044 on revenue of C$17.33B
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