Baytex Energy (BTE) vs Northern Oil and Gas (NOG)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Baytex Energy (BTE) has outperformed Northern Oil and Gas (NOG) over the past year, gaining 80.3% versus a loss of 2.7%. Over five years, BTE leads with a +48.7% price change compared with -4.0% for NOG. Baytex Energy is the larger company by market cap ($3.20 billion vs $2.58 billion), about 1.2 times the size.
On valuation, Northern Oil and Gas trades at a lower forward P/E (5.3x vs 16.5x for Baytex Energy). Northern Oil and Gas offers the higher dividend yield (7.44% vs 1.97%).
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | BTE | NOG |
|---|---|---|
| Share price | $4.58 | $24.18 |
| Market cap | $3.20B | $2.58B |
| 1-day change | -2.35% | +1.13% |
| YTD return | +41.80% | +12.62% |
| 1-year return | +80.31% | -2.74% |
| 5-year return | +48.70% | -4.01% |
| Forward P/E | 16.53 | 5.31 |
| EPS (TTM) | $-0.38 | $-4.85 |
| Dividend yield | 1.97% | 7.44% |
| Annual dividend | $0.09 | $1.80 |
| Revenue (latest FY) | — | $2.48B |
| Revenue growth (YoY) | — | +11.23% |
| Net income (latest FY) | — | $38.76M |
| Gross margin | — | 80.87% |
| Operating margin | — | 9.93% |
| Net margin | — | 1.57% |
| 52-week high | $5.36 | $31.17 |
| 52-week low | $2.18 | $17.18 |
| Distance from 52-week high | -14.55% | -22.43% |
| Analyst consensus | buy | buy |
| Avg. price target upside | +45.41% | +25.89% |
| Average volume | 16.55M | 2.36M |
| Shares outstanding | 699.20M | 106.55M |
| Employees | — | 64 |
| Sector | Energy | Energy |
| Industry | Oil & Gas E&P | Oil & Gas Production |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- BTE has outperformed NOG by 83.1 percentage points over the past year.
- Northern Oil and Gas offers a meaningfully higher dividend yield (7.44% vs 1.97%).
About Baytex Energy
BTE stock →Baytex Energy Corp., an energy company, engages in the acquisition, development, and production of crude oil and natural gas in the Western Canadian Sedimentary Basin. It offers light oil and condensate, heavy oil, natural gas liquids, and natural gas.
Energy · Oil & Gas E&P
About Northern Oil and Gas
NOG stock →Northern Oil and Gas, Inc., an independent energy company, engages in the acquisition, exploration, exploitation, development, and production of crude oil and natural gas properties in the United States. Northern Oil and Gas, Inc.
Energy · Oil & Gas Production · 64 employees
BTE vs NOG FAQ
Which is bigger, Baytex Energy or Northern Oil and Gas?
Baytex Energy (BTE) is larger, with a market capitalization of $3.20B compared with $2.58B for Northern Oil and Gas (NOG).
Which stock has performed better over the past year, BTE or NOG?
BTE returned +80.31% over the past 12 months, compared with -2.74% for NOG (price return, excluding dividends). Past performance does not predict future results.
Which pays a higher dividend, Baytex Energy or Northern Oil and Gas?
Northern Oil and Gas has the higher yield at 7.44%, compared with 1.97% for Baytex Energy.
Are Baytex Energy and Northern Oil and Gas in the same industry?
Both are in the Energy sector, but in different industries: Oil & Gas E&P for Baytex Energy and Oil & Gas Production for Northern Oil and Gas.