Is Baytex Energy (BTE) Stock Outpacing Its Oils-Energy Peers This Year?

Investors interested in Oils-Energy stocks should always be looking to find the best-performing companies in the group. Baytex Energy (BTE) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? Let's take a closer look at the stock's year-to-date performance to find out.Baytex Energy is a member of the Oils-Energy sector. This group includes 245 individual stocks and currently holds a Zacks Sector Rank of #8. The Zacks Sector Rank considers 16 different sector groups. The average Zacks Rank of the individual stocks within the groups is measured, and the sectors are listed from best to worst.The Zacks Rank is a successful stock-picking model that emphasizes earnings estimates and estimate revisions. The system highlights a number of different stocks that could be poised to outperform the broader market over the next one to three months. Baytex Energy is currently sporting a Zacks Rank of #1 (Strong Buy).Over the past 90 days, the Zacks Consensus Estimate for BTE's full-year earnings has moved 53.6% higher. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.Our latest available data shows that BTE has returned about 17.4% since the start of the calendar year. At the same time, Oils-Energy stocks have gained an average of 8%. This shows that Baytex Energy is outperforming its peers so far this year.Warrior Met Coal (HCC) is another Oils-Energy stock that has outperformed the sector so far this year. Since the beginning of the year, the stock has returned 55%.The consensus estimate for Warrior Met Coal's current year EPS has increased 1278.9% over the past three months. The stock currently has a Zacks Rank #1 (Strong Buy).Looking more specifically, Baytex Energy belongs to the Oil and Gas - Exploration and Production - Canadian industry, a group that includes 10 individual stocks and currently sits at #87 in the Zacks Industry Rank. On average, this group has gained an average of 3.9% so far this year, meaning that BTE is performing better in terms of year-to-date returns. Warrior Met Coal, however, belongs to the Coal industry. Currently, this 8-stock industry is ranked #214. The industry has moved +23.5% so far this year.Investors with an interest in Oils-Energy stocks should continue to track Baytex Energy and Warrior Met Coal. These stocks will be looking to continue their solid performance.#1 Semiconductor Stock to Buy (Not NVDA)The incredible demand for data is fueling the market's next digital gold rush. As data centers continue to be built and constantly upgraded, the companies that provide the hardware for these behemoths will become the NVIDIAs of tomorrow.One under-the-radar chipmaker is uniquely positioned to take advantage of the next growth stage of this market. It specializes in semiconductor products that titans like NVIDIA don't build. It's just beginning to enter the spotlight, which is exactly where you want to be.See This Stock Now for Free >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Baytex Energy Corp (BTE): Free Stock Analysis Report Warrior Met Coal (HCC): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks