5 Dirt Cheap Stocks To Buy

3. Baytex Energy Corp. (NYSE:BTE)

Latest P/E Ratio: 6.02

Latest Share Price: $4.18

Baytex Energy Corp. (NYSE:BTE) is a Canadian oil and gas exploration and production company with operations in its home country and in the U.S. Despite the turmoil in the energy sector this year, the firm has beaten analyst EPS estimates in three out of four of its latest quarters, including a Q2 2023 beat by 28 cents.

During the same time period, 17 out of the 910 hedge funds surveyed by Insider Monkey had bought Baytex Energy Corp. (NYSE:BTE)’s shares. Vince Maddi and Shawn Brennan’s SIR Capital Management is the company’s biggest investor since it owns $24 million worth of shares.

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