An oscillator includes: a bulk-acoustic wave (BAW) resonator having a first BAW resonator terminal and a second BAW resonator terminal; and an active circuit coupled to the first and second BAW resonator terminals and having a series resonance topology with: a first transistor; a second transistor; a first resistor; a second resistor; a capacitive network coupled to first and second BAW resonator terminals and to respective current terminals of the first and second transistors; and an inductor having a first inductor terminal and a second inductor terminal, the first inductor terminal coupled to the capacitive network, and the second inductor terminal coupled to ground terminal.