Baytex Energy Corp. (NYSE:BTE) is among the Most Oversold Penny Stocks to Buy Now. RBC Capital maintains a Buy rating on BTE with a price target of C$5. The company reported strong Q2 performance, achieving record oil rates in the Pembina Duvernay region and the West Shale Basin.

Baytex Energy Corp. (NYSE:BTE) completed two refracturing projects in the Lower Eagle Ford, extending production life and efficiency. Total production reached 148,095 boe/d, up 2% YoY. The company aims to produce around 148,000 boe/d annually. BTE explores, develops, and produces crude oil and natural gas.

While BTE shows investment potential, there are AI stocks with greater upside and less risk. For an undervalued AI stock benefiting from tariffs and onshoring, check out the best short-term AI stock. Explore potential stocks that could double in 3 years or hidden AI stocks to buy now.

Read more at Yahoo Finance: RBC Capital Maintains a Buy Rating On Baytex Energy (BTE), Keeps the PT