See more : Brompton Oil Split Corp. (OSP.TO) Income Statement Analysis – Financial Results
Complete financial analysis of Baytex Energy Corp. (BTE) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Baytex Energy Corp., a leading company in the Oil & Gas Exploration & Production industry within the Energy sector.
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Baytex Energy Corp. (BTE)
About Baytex Energy Corp.
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 and in the Eagle Ford, the United States. The company offers light oil and condensate, heavy oil, natural gas liquids, and natural gas. It holds interest in the Eagle Ford property in Texas; Viking and Lloydminster properties in Alberta and Saskatchewan; and Peace River and Duvernay properties in Alberta. Baytex Energy Corp. was founded in 1993 and is headquartered in Calgary, Canada.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 3.38B | 2.89B | 1.87B | 975.48M | 1.81B | 1.43B | 1.09B | 780.10M | 1.13B | 1.53B | 1.12B | 1.02B | 1.31B | 1.02B | 685.11M | 1.16B | 618.93M | 556.69M | 546.94M | 420.40M | 351.40M | 365.86M | 329.70M | 286.23M | 120.10M | 102.30M | 123.80M | 15.70M | 6.20M |
| Cost of Revenue | 2.51B | 1.81B | 1.26B | 1.06B | 1.56B | 1.29B | 1.08B | 965.01M | 1.30B | 678.46M | 487.79M | 505.04M | 671.20M | 522.66M | 322.60M | 391.18M | 266.30M | 221.80M | 110.65M | 89.08M | 86.03M | 75.23M | 83.44M | 53.82M | 25.70M | 30.10M | 32.60M | 3.70M | 1.50M |
| Gross Profit | 869.28M | 1.08B | 603.51M | -82.80M | 243.54M | 139.14M | 13.43M | -184.91M | -174.56M | 851.44M | 627.62M | 519.91M | 637.62M | 492.41M | 362.51M | 768.54M | 352.63M | 334.89M | 436.29M | 331.32M | 265.37M | 290.63M | 246.26M | 232.41M | 94.40M | 72.20M | 91.20M | 12.00M | 4.70M |
| Gross Profit Ratio | 25.70% | 37.33% | 32.30% | -8.49% | 13.49% | 9.74% | 1.23% | -23.70% | -15.45% | 55.65% | 56.27% | 50.73% | 48.72% | 48.51% | 52.91% | 66.27% | 56.97% | 60.16% | 79.77% | 78.81% | 75.52% | 79.44% | 74.69% | 81.20% | 78.60% | 70.58% | 73.67% | 76.43% | 75.81% |
| Research & Development | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 69.79M | 79.33M | 51.93M | 43.74M | 61.36M | 65.36M | 62.90M | 64.75M | 74.75M | 87.42M | 77.80M | 81.33M | 73.18M | 48.12M | 41.45M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Selling & Marketing | 37.70M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 107.49M | 79.33M | 51.93M | 43.74M | 61.36M | 65.36M | 62.90M | 64.75M | 74.75M | 87.42M | 77.80M | 81.33M | 73.18M | 48.12M | 41.45M | 37.42M | 31.55M | 28.30M | 43.76M | 41.69M | 9.67M | 6.74M | 5.26M | 7.76M | 5.30M | 5.60M | 3.30M | 600.00K | 500.00K |
| Other Expenses | 761.80M | 45.92M | 27.59M | 22.99M | 25.48M | 1.17M | -2.22M | -8.15M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Operating Expenses | 869.28M | 125.25M | 79.53M | 66.73M | 86.84M | 98.00M | 79.83M | 76.90M | 89.79M | 466.26M | 370.62M | 332.54M | 385.67M | 310.01M | 255.84M | 261.31M | 221.06M | 182.15M | 210.89M | 202.50M | 125.98M | 113.58M | 372.65M | 92.36M | 43.30M | 112.40M | 47.80M | 5.20M | 2.40M |
| Cost & Expenses | 3.38B | 1.94B | 1.34B | 1.13B | 1.65B | 1.39B | 1.16B | 1.04B | 1.39B | 1.14B | 858.41M | 837.58M | 1.06B | 832.68M | 578.45M | 652.49M | 487.36M | 403.94M | 321.54M | 291.58M | 212.02M | 188.81M | 456.09M | 146.18M | 69.00M | 142.50M | 80.40M | 8.90M | 3.90M |
| Interest Income | 0.00 | 86.67M | 96.93M | 113.15M | 112.15M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 40.56M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Expense | 171.77M | 80.39M | 92.07M | 106.53M | 107.42M | 108.17M | 104.96M | 103.69M | 103.40M | 82.78M | 43.32M | 0.00 | 12.49M | 28.31M | 38.18M | 32.96M | 35.24M | 33.69M | 33.12M | 19.41M | 23.55M | 25.22M | 33.85M | 13.83M | 0.00 | 10.00M | 0.00 | 400.00K | 300.00K |
| Depreciation & Amortization | 1.05B | 602.73M | 476.96M | 495.36M | 745.40M | 569.60M | 490.61M | 514.48M | 661.86M | 536.57M | 328.95M | 297.80M | 248.47M | 271.04M | 237.22M | 223.90M | 189.51M | 153.85M | 168.63M | 171.98M | 117.34M | 107.89M | 369.24M | 84.60M | 38.00M | 106.80M | 44.50M | 4.60M | 1.90M |
| EBITDA | 691.15M | 1.56B | 986.26M | 335.54M | 760.18M | 597.14M | 513.16M | -145.79M | -721.76M | 921.75M | 587.68M | 484.31M | 500.42M | 344.74M | 338.39M | 916.58M | 323.07M | 306.59M | 394.03M | 300.80M | 290.51M | 284.94M | 242.85M | 224.65M | 106.40M | 66.60M | 106.70M | 11.20M | 4.20M |
| EBITDA Ratio | 20.43% | 52.98% | 52.79% | 34.40% | 49.35% | 41.79% | 37.46% | 30.00% | 35.01% | 60.25% | 52.33% | 47.25% | 38.23% | 45.73% | 50.19% | 79.03% | 52.20% | 55.10% | 91.95% | 101.75% | 96.30% | 94.02% | 92.38% | 96.10% | 88.59% | 78.69% | 86.19% | 71.34% | 80.65% |
| Operating Income | 643.19M | 943.57M | 521.68M | -150.84M | 159.49M | 38.46M | 57.72M | 246.02M | 230.25M | 392.43M | 264.01M | 194.01M | 251.95M | 162.46M | 106.67M | 507.23M | 131.57M | 152.74M | 225.40M | 129.42M | 136.41M | 177.06M | -126.39M | 140.05M | 68.40M | -40.20M | 62.20M | 6.80M | 2.30M |
| Operating Income Ratio | 19.01% | 32.66% | 27.92% | -15.46% | 8.83% | 2.69% | 5.29% | 31.54% | 20.38% | 25.65% | 23.67% | 18.93% | 19.25% | 16.00% | 15.57% | 43.74% | 21.26% | 27.44% | 41.21% | 30.78% | 38.82% | 48.39% | -38.33% | 48.93% | 56.95% | -39.30% | 50.24% | 43.31% | 37.10% |
| Total Other Income/Expenses | -1.16B | -62.19M | 1.17B | -2.45B | -235.62M | -468.21M | -126.97M | -1.02B | -1.88B | -390.85M | -46.36M | 182.39M | -32.53M | -55.08M | -38.18M | -218.41M | -37.23M | -33.85M | -143.85M | -147.54M | -106.09M | -84.25M | -110.92M | -64.25M | -25.89M | -23.90M | -23.10M | 11.90M | -1.00M |
| Income Before Tax | -516.58M | 890.92M | 1.69B | -2.60B | -78.92M | -427.08M | -69.25M | -757.79M | -1.48B | 1.58M | 217.65M | 376.39M | 269.57M | 154.08M | 68.49M | 288.81M | 94.34M | 118.90M | 81.55M | -18.13M | 34.17M | 92.81M | -221.95M | 75.80M | 25.20M | -64.10M | 20.30M | 6.60M | 1.30M |
| Income Before Tax Ratio | -15.27% | 30.84% | 90.72% | -266.47% | -4.37% | -29.89% | -6.34% | -97.14% | -130.79% | 0.10% | 19.51% | 36.72% | 20.60% | 15.18% | 10.00% | 24.90% | 15.24% | 21.36% | 14.91% | -4.31% | 9.72% | 25.37% | -67.32% | 26.48% | 20.98% | -62.66% | 16.40% | 42.04% | 20.97% |
| Income Tax Expense | -283.23M | 35.31M | 81.24M | -160.39M | -66.46M | -101.77M | -156.43M | -272.60M | -344.15M | 134.39M | 52.80M | 117.76M | 52.14M | -23.55M | -19.09M | 25.56M | -42.66M | -32.76M | 1.67M | -32.24M | -3.97M | 47.67M | -93.44M | 32.01M | 11.10M | -25.70M | 9.30M | 2.30M | 500.00K |
| Net Income | -233.36M | 855.61M | 1.61B | -2.44B | -12.46M | -325.31M | 87.17M | -485.18M | -1.13B | -132.81M | 164.85M | 258.63M | 217.43M | 177.63M | 87.57M | 259.89M | 132.86M | 147.07M | 79.88M | 13.76M | 38.14M | 45.14M | -128.51M | 43.79M | 14.10M | -38.40M | 11.00M | 4.30M | 800.00K |
| Net Income Ratio | -6.90% | 29.62% | 86.37% | -250.03% | -0.69% | -22.77% | 7.99% | -62.20% | -100.33% | -8.68% | 14.78% | 25.23% | 16.61% | 17.50% | 12.78% | 22.41% | 21.47% | 26.42% | 14.60% | 3.27% | 10.85% | 12.34% | -38.98% | 15.30% | 11.74% | -37.54% | 8.89% | 27.39% | 12.90% |
| EPS | -0.33 | 1.53 | 2.86 | -4.35 | -0.02 | -0.93 | 0.37 | -2.29 | -5.72 | -0.89 | 1.33 | 2.16 | 1.88 | 1.59 | 0.83 | 2.83 | 1.66 | 2.02 | 1.19 | 0.27 | 0.70 | 0.86 | -2.60 | 0.96 | 0.40 | -1.12 | 0.36 | 0.18 | 0.12 |
| EPS Diluted | -0.33 | 1.52 | 2.82 | -4.35 | -0.02 | -0.93 | 0.37 | -2.29 | -5.72 | -0.89 | 1.31 | 2.12 | 1.83 | 1.54 | 0.82 | 2.70 | 1.55 | 1.91 | 1.15 | 0.26 | 0.66 | 0.85 | -2.56 | 0.96 | 0.39 | -1.12 | 0.36 | 0.16 | 0.09 |
| Weighted Avg Shares Out | 704.90M | 557.99M | 563.67M | 560.66M | 557.05M | 349.79M | 234.79M | 211.87M | 198.07M | 148.93M | 123.75M | 119.96M | 115.96M | 111.45M | 104.89M | 91.68M | 80.03M | 72.81M | 67.12M | 50.97M | 54.31M | 52.30M | 49.50M | 45.79M | 35.25M | 34.29M | 30.56M | 23.56M | 6.67M |
| Weighted Avg Shares Out (Dil) | 704.90M | 563.84M | 571.61M | 560.66M | 557.05M | 351.54M | 237.25M | 212.30M | 198.21M | 148.93M | 125.39M | 121.82M | 118.92M | 115.52M | 107.25M | 96.39M | 85.98M | 77.00M | 69.46M | 52.93M | 57.81M | 53.24M | 50.20M | 45.79M | 36.15M | 34.29M | 30.56M | 27.18M | 8.89M |
Baytex Announces 2025 Budget
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Is Baytex Energy (BTE) Stock Undervalued Right Now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong...
Baytex Energy Corp. (BTE) Q3 2024 Earnings Call Transcript
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Baytex Announces Third Quarter 2024 Results
Calgary, Alberta--(Newsfile Corp. - October 31, 2024) - Baytex Energy Corp. (TSX: BTE) (NYSE: BTE) ("Baytex") reports its operating and financial results for the three and nine months ended September 30, 2024 (all amounts are in Canadian dollars unless otherwise...
Baytex Announces Quarterly Dividend for January 2025
Calgary, Alberta--(Newsfile Corp. - October 31, 2024) - Baytex Energy Corp. (TSX: BTE) (NYSE: BTE) ("Baytex" or the "company") announces that its Board of Directors has declared a quarterly cash dividend of CDN$0.0225 per share to be paid on January...
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