See more : Cenntro Electric Group Limited (NAKD) Income Statement Analysis – Financial Results
Complete financial analysis of Baytex Energy Corp. (BTEGF) 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.
You may be interested
- China Eastern Airlines Corporation Limited (0670.HK) Income Statement Analysis – Financial Results
- Adamant DRI Processing and Minerals Group (ADMG) Income Statement Analysis – Financial Results
- Serviceware SE (SJJ.DE) Income Statement Analysis – Financial Results
- SPS Finquest Limited (SPS.BO) Income Statement Analysis – Financial Results
- Unimit Engineering Public Company Limited (UEC.BK) Income Statement Analysis – Financial Results
Baytex Energy Corp. (BTEGF)
About Baytex Energy Corp.
Baytex Energy Corp., an oil and gas company, acquires, develops, and produces oil and natural gas in the Western Canadian Sedimentary Basin and in the Texas, the United States. The company offers light oil and condensate, heavy oil, natural gas liquids, and natural gas. Its principal oil and natural gas properties comprise the Eagle Ford property in Texas, Viking and Lloydminster properties in Alberta and Saskatchewan, Peace River and Duvernay properties in Alberta. The company's properties also include conventional oil and natural gas assets in Western Canada. As of December 31, 2021, it had proved developed producing reserves of 129 million barrels of oil equivalent (mmboe); proved reserves of 278 mmboe; and proved plus probable reserves of 451 mmboe. Baytex Energy Corp. was founded in 1993 and is headquartered in Calgary, Canada.
| Metric | 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 | 2.89B | 1.87B | 975.48M | 1.81B | 1.43B | 1.09B | 780.10M | 1.13B | 1.53B | 1.12B | 1.02B | 1.31B | 1.01B | 815.83M | 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 | 1.81B | 1.26B | 1.06B | 1.56B | 1.29B | 1.08B | 965.01M | 1.30B | 678.46M | 487.79M | 505.04M | 668.20M | 522.66M | 453.32M | 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 | 1.08B | 603.51M | -82.80M | 243.54M | 139.14M | 13.43M | -184.91M | -174.56M | 851.44M | 627.62M | 519.91M | 637.62M | 482.47M | 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 | 37.33% | 32.30% | -8.49% | 13.49% | 9.74% | 1.23% | -23.70% | -15.45% | 55.65% | 56.27% | 50.73% | 48.83% | 48.00% | 44.43% | 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 |
| General & Administrative | 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 | 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 | 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 | 45.92M | 27.59M | 22.99M | 25.48M | 32.64M | -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 | 125.25M | 79.53M | 66.73M | 86.84M | 98.00M | 79.83M | 76.90M | 89.79M | 466.26M | 370.62M | 332.54M | 335.51M | 319.16M | 278.67M | 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 | 1.94B | 1.34B | 1.13B | 1.65B | 1.39B | 1.16B | 1.04B | 1.39B | 1.14B | 858.41M | 837.58M | 1.00B | 841.82M | 731.98M | 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 | 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 |
| Interest Expense | 80.39M | 92.07M | 106.53M | 107.42M | 104.32M | 100.48M | 103.69M | 103.40M | 82.78M | 41.08M | 39.70M | 44.61M | 26.67M | 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 | 587.05M | 464.58M | 486.38M | 731.69M | 558.68M | 481.93M | 508.31M | 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 | 1.53B | 986.26M | 335.54M | 891.18M | 597.14M | 408.84M | 234.01M | 395.52M | 921.75M | 583.71M | 484.31M | 550.57M | 451.01M | 321.06M | 916.58M | 323.07M | 306.74M | 502.91M | 427.74M | 338.40M | 343.97M | 304.57M | 275.08M | 106.40M | 80.50M | 106.70M | 11.20M | 5.00M |
| EBITDA Ratio | 52.98% | 52.79% | 34.40% | 49.35% | 41.79% | 37.46% | 30.00% | 35.01% | 60.25% | 52.33% | 47.25% | 42.16% | 44.87% | 39.35% | 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 | 943.57M | 521.68M | -150.84M | 159.49M | 38.46M | 57.72M | 246.02M | 230.25M | 392.43M | 264.01M | 194.01M | 302.10M | 162.46M | 83.84M | 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 | 32.66% | 27.92% | -15.46% | 8.83% | 2.69% | 5.29% | 31.54% | 20.38% | 25.65% | 23.67% | 18.93% | 23.14% | 16.16% | 10.28% | 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 | -52.66M | 1.17B | -2.45B | -238.41M | -468.21M | -126.97M | -1.00B | -1.71B | -390.85M | -46.36M | 182.39M | -32.53M | -8.37M | -15.36M | -218.41M | -37.23M | -33.85M | -143.85M | -147.54M | -102.24M | -84.25M | -95.57M | -64.25M | -43.20M | -23.90M | -41.90M | -200.00K | -1.00M |
| Income Before Tax | 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 | 30.84% | 90.72% | -266.47% | -4.37% | -29.89% | -6.34% | -97.14% | -130.79% | 0.10% | 19.51% | 36.72% | 20.64% | 15.33% | 8.39% | 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 | 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 | 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 | 29.62% | 86.37% | -250.03% | -0.69% | -22.77% | 7.99% | -62.20% | -100.33% | -8.68% | 14.78% | 25.23% | 16.65% | 17.67% | 10.73% | 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 | 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 | 0.22 | 0.69 | 0.86 | -2.60 | 1.04 | 0.40 | -1.12 | 0.36 | 0.46 | 0.12 |
| EPS Diluted | 1.52 | 2.82 | -4.35 | -0.02 | -0.93 | 0.37 | -2.29 | -5.72 | -0.89 | 1.32 | 2.12 | 1.83 | 1.54 | 0.82 | 2.74 | 1.60 | 1.91 | 1.15 | 0.21 | 0.67 | 0.85 | -2.56 | 1.04 | 0.39 | -1.12 | 0.36 | 0.39 | 0.09 |
| Weighted Avg Shares Out | 557.99M | 563.67M | 560.66M | 557.05M | 351.54M | 234.79M | 212.30M | 198.21M | 148.93M | 123.75M | 119.96M | 115.96M | 111.45M | 104.89M | 91.68M | 80.04M | 72.81M | 67.12M | 62.56M | 55.27M | 52.30M | 49.50M | 45.79M | 35.25M | 34.29M | 30.56M | 9.35M | 6.67M |
| Weighted Avg Shares Out (Dil) | 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 | 83.04M | 77.00M | 69.46M | 65.54M | 56.92M | 53.24M | 50.20M | 45.79M | 36.15M | 34.29M | 30.56M | 11.03M | 8.89M |
Baytex Energy Offers Big Upside And A Growing Dividend But Beware Of The Risks
Baytex Energy Corp. shares have multi-bagger potential if current oil prices are sustained. Its Ranger Oil acquisition was positive for the company's operating prospects but increased its financial risk. The shares' upside must be balanced with their downside risk.
Baytex Energy: Taking Advantage Of A Good Deal
Baytex Energy's acquisition of Ranger Oil was an excellent bargain. Rising oil prices increase the value of this bargain. The other non-operated Eagle Ford acreage could be more highly valued now that there is operating acreage to go with it....
Baytex Energy: Strong Oil Prices Push Projected H2 2023 FCF Above US$400 Million
Baytex Energy is projected to generate US$426 million in 2H 2023 free cash flow. It benefits from strong oil prices and narrower WCS differentials and has wide WTI oil collars with a ceiling of US$100. BTE may be able to...
Baytex Energy: Transition Complete
The acquisition of Ranger Oil adds operated Eagle Ford acreage to the non-operated acreage. The ability to share information with partner Marathon Oil should lead to some production advances and cost savings. The additional light oil production gives the company...
Baytex Energy: Going For More
The new Baytex Energy Corp. debt goal is C$1.5 billion. Production per share should increase just from the Ranger Oil acquisition. The share purchase program should enhance that effect. A quarterly paid dividend that totals C$.09 was initiated.
Baytex Energy a 'Hold' for Stifel as Ranger Oil acquisition brings the risks of a new jurisdiction
Analysts at Stifel GMP are taking a wait-and-see approach to Baytex Energy (NYSE:BTE) after the company announced its planned acquisition of Ranger Oil Corp in a cash and stock deal worth C$3.4 billion. The firm reiterated its ‘Hold' rating and...
Why Baytex Energy Stock Is Plunging Today
The oil and gas stock is making a big growth move and will pay dividends again, but investors aren't happy.
Baytex Conference Call and Webcast on Fourth Quarter and Full Year 2022 Results to Be Held on February 24, 2023
Calgary, Alberta--(Newsfile Corp. - February 16, 2023) - Baytex Energy Corp. (TSX: BTE) will release its 2022 fourth quarter and full year financial and operating results after the close of markets on Thursday February 23, 2023.
Baytex Energy Corp and Canadian E&P peers to tempt investors with catalysts from the field - broker
Baytex Energy (NYSE:BTE) and some of its Canadian exploration and production peers can see a share price boost from a fresh wave of catalysts in the field, according to analysts at Stifel Nicolaus. Canadian rig activity is up 10% year-on-year...
Are Investors Undervaluing Baytex Energy (BTEGF) 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...
Source: https://incomestatements.info
Category: Stock Reports