Is BAYTEX ENERGY CORP. (BTE) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 75.1% / 30% | 0.5% / 30% | 12.7% / 30% | 4.14% / 5% | ✗ NOT HALAL |
| DJIM | 75.1% / 33% | 0.5% / 33% | 12.7% / 33% | 4.14% / 5% | ✗ NOT HALAL |
| MSCI | 29.4% / 33% | 0.2% / 33% | 5.0% / 33% | 4.14% / 5% | ✓ HALAL |
| S&P | 75.1% / 33% | 0.5% / 33% | 12.7% / 33% | 4.14% / 5% | ✗ NOT HALAL |
| FTSE | 29.4% / 33% | 0.2% / 33% | 5.0% / 50% | 4.14% / 5% | ✓ HALAL |
Financial Highlights
Profitability
| Gross Margin | 55.9% | |
| Operating Margin | 4.1% | |
| Net Margin | -40.8% | |
| Return on Equity (ROE) | -8.4% | |
| Return on Assets (ROA) | 0.7% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $1.5B |
| Free Cash Flow | $207M |
| Total Debt | $118M |
| Debt-to-Equity | 4.9 |
| Current Ratio | 3.6 |
| Total Assets | $3.3B |
Price & Trading
| Last Close | $4.22 |
| 50-Day MA | $3.74 |
| 200-Day MA | $2.79 |
| Avg Volume | 19.4M |
| Beta | 0.8 |
|
52-Week Range
$1.36
| |
About BAYTEX ENERGY CORP. (BTE)
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. The company also holds 100% interest in Duvernay and Peace River properties in Alberta; and Lloydminster property in Alberta and Saskatchewan. Baytex Energy Corp. was incorporated in 1993 and is headquartered in Calgary, Canada.
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Frequently Asked Questions
Is BAYTEX ENERGY CORP. (BTE) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), BAYTEX ENERGY CORP. is Not Halal. The company fails one or more screening criteria. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.
What is BAYTEX ENERGY CORP.'s debt ratio?
BAYTEX ENERGY CORP.'s debt ratio is 75.1% under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%. Under MSCI and FTSE (which use total assets as the denominator), the debt ratio is 29.4%.
What are BAYTEX ENERGY CORP.'s key financial metrics?
BAYTEX ENERGY CORP. has a market capitalization of $3.3B, and revenue of $1.7B. The company maintains a gross margin of 55.9% and a net margin of -40.8%. Return on equity stands at -8.4%.
How often is the screening data updated?
Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.
Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.