Baytex Energy Corp.(BTE)Earnings, Financials & Key Ratios
BTE•NYSE
$4.98
$3.83B mkt cap·Price updated May 6, 2026
AboutBaytex 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.Show more
- Revenue$1.48B-64.8%
- EBITDA$226M-89.5%
- Net Income-$603M-355.0%
- EPS (Diluted)-0.78-360.0%
- Gross Margin21.49%-11.8%
- EBITDA Margin15.28%-70.2%
- Operating Margin15.28%-16.5%
- Net Margin-40.77%-825.3%
- ROE-18.4%-410.9%
- ROIC4.3%-53.0%
- Debt/Equity0.01-98.2%
- Interest Coverage1.04-72.2%
BTE Key Insights
Baytex Energy Corp. (BTE) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓Company is almost debt free
- ✓FCF machine: 16.6% free cash flow margin
- ✓Momentum leader: RS Rating 93 (top 7%)
- ✓Share count reduced 3.9% through buybacks
- ✓Healthy 5Y average net margin of 14.8%
- ✓Trading near 52-week high
✗Weaknesses
No significant weaknesses identified
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
BTE Price & Volume
Baytex Energy Corp. (BTE) stock price & volume — 10-year historical chart
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BTE Growth Metrics
Baytex Energy Corp. (BTE) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years2.73%
5 Years8.69%
3 Years-19.99%
TTM6.87%
Profit CAGR
10 Years-
5 Years-
3 Years-
TTM161.19%
EPS CAGR
10 Years-
5 Years-
3 Years-
TTM169.25%
Return on Capital
10 Years6.66%
5 Years12.03%
3 Years8.78%
Last Year4.43%
BTE Recent Earnings
Baytex Energy Corp. (BTE) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 5/12 qtrs (42%)●Beat Revenue 9/12 qtrs (75%)
Q2 2026Latest
Mar 5, 2026EPS
$0.31
Est $0.02
-1650.0%
Revenue
$553M
Est $544M
+1.7%
Q2 2026
Mar 4, 2026EPS
$0.31
Est $0.02
-1650.0%
Revenue
$553M
Est $544M
+1.7%
Q4 2025
Oct 30, 2025EPS
$0.03
Est $0.01
+200.0%
Revenue
$665M
Est $535M
+24.3%
Q3 2025
Aug 11, 2025EPS
$0.14
Est $0.04
+256.7%
Revenue
$651M
Est $566M
+15.0%
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | Mar 5, 2026 | $0.31vs $0.02-1650.0% | $553Mvs $544M+1.7% |
| Q2 2026 | Mar 4, 2026 | $0.31vs $0.02-1650.0% | $553Mvs $544M+1.7% |
| Q4 2025 | Oct 30, 2025 | $0.03vs $0.01+200.0% | $665Mvs $535M+24.3% |
| Q3 2025 | Aug 11, 2025 | $0.14vs $0.04+256.7% | $651Mvs $566M+15.0% |
Based on last 12 quarters of dataView full earnings history →
BTE Peer Comparison
Baytex Energy Corp. (BTE) competitors in Canadian oil sands and heavy oil producers — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 CVE | 54.61B | 29.00 | 18.32 | -13.98% | 7.67% | 13.16% | 0.54 | |
 MEG | 798.27M | 22.07 | -157.64 | 19.26% | 0.71% | 1.26% | 0.80 | |
 CIVI | 2.34B | 27.38 | 3.24 | 49.76% | 13.56% | 9.55% | 0.68 | |
 VTLE | 693.32M | 17.92 | -3.78 | 26.15% | -69.28% | -74.84% | 0.95 | |
 SM | 3.28B | 28.55 | 5.06 | 18.07% | 20.55% | 14% | 0.48 | |
 SU | 76.59B | 64.32 | 18.02 | -3.51% | 12.1% | 13.18% | 0.41 | |
 CNQ | 95.18B | 45.63 | 12.02 | 8.62% | 26.06% | 25.98% | 0.44 | |
 OVV | 15.17B | 59.90 | 12.53 | -4.55% | 14.13% | 11.09% | 0.67 |
Compare BTE vs Peers
Baytex Energy Corp. (BTE) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
BTE Income Statement
Baytex Energy Corp. (BTE) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales/Revenue | 1.09B | 1.43B | 1.81B | 975.48M | 1.87B | 2.89B | 3.38B | 4.21B | 1.48B | 3.83B |
| Revenue Growth % | 39.92% | 30.9% | 26.39% | -45.98% | 91.52% | 54.64% | 17.08% | 24.43% | -64.85% | 6.87% |
| Cost of Goods Sold | 1.08B | 1.29B | 1.56B | 1.06B | 1.26B | 1.81B | 2.51B | 3.18B | 1.16B | 2.8B |
| COGS % of Revenue | 98.77% | 90.26% | 86.51% | 108.49% | 67.7% | 62.67% | 74.3% | 75.65% | 78.51% | - |
| Gross Profit | 13.43M▲ 0% | 139.14M▲ 935.8% | 243.54M▲ 75.0% | -82.8M▼ 134.0% | 603.51M▲ 828.9% | 1.08B▲ 78.7% | 869.28M▼ 19.4% | 1.03B▲ 17.9% | 317.97M▼ 69.0% | 1.03B▲ 0% |
| Gross Margin % | 1.23% | 9.74% | 13.49% | -8.49% | 32.3% | 37.33% | 25.7% | 24.35% | 21.49% | 27.02% |
| Gross Profit Growth % | 107.26% | 935.8% | 75.03% | -134% | 828.86% | 78.68% | -19.39% | 17.92% | -68.98% | - |
| Operating Expenses | 79.83M | 98M | 86.84M | 66.73M | 79.53M | 125.25M | 869.28M | 254.76M | 91.87M | 418.73M |
| OpEx % of Revenue | 7.31% | 6.86% | 4.81% | 6.84% | 4.26% | 4.34% | 25.7% | 6.05% | 6.21% | - |
| Selling, General & Admin | 62.9M | 65.36M | 61.36M | 43.74M | 51.93M | 79.33M | 107.49M | 99.62M | 91.87M | 102.53M |
| SG&A % of Revenue | 5.76% | 4.57% | 3.4% | 4.48% | 2.78% | 2.75% | 3.18% | 2.37% | 6.21% | - |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | -2.22M | 1.17M | 25.48M | 22.99M | 27.59M | 45.92M | 761.8M | 155.15M | 0 | 4M |
| Operating Income | 57.72M▲ 0% | 38.45M▼ 33.4% | 159.49M▲ 314.7% | -150.84M▼ 194.6% | 521.68M▲ 445.9% | 943.57M▲ 80.9% | 643.19M▼ 31.8% | 770.3M▲ 19.8% | 226.1M▼ 70.6% | 616.18M▲ 0% |
| Operating Margin % | 5.29% | 2.69% | 8.83% | -15.46% | 27.92% | 32.66% | 19.01% | 18.3% | 15.28% | 16.09% |
| Operating Income Growth % | -76.54% | -33.37% | 314.74% | -194.58% | 445.85% | 80.87% | -31.83% | 19.76% | -70.65% | - |
| EBITDA | 548.33M | 608.05M | 904.89M | 344.52M | 998.64M | 1.55B | 1.69B | 2.16B | 226.1M | 1.92B |
| EBITDA Margin % | 50.23% | 42.55% | 50.11% | 35.32% | 53.46% | 53.52% | 49.99% | 51.23% | 15.28% | 50.12% |
| EBITDA Growth % | -27.9% | 10.89% | 48.82% | -61.93% | 189.87% | 54.84% | 9.36% | 27.5% | -89.51% | -34.61% |
| D&A (Non-Cash Add-back) | 490.61M | 569.6M | 745.4M | 495.36M | 476.96M | 602.73M | 1.05B | 1.39B | 0 | 1.3B |
| EBIT | 31.23M | -322.76M | 28.5M | -2.49B | 1.79B | 971.3M | -356.76M | 579.39M | 226.1M | 517.29M |
| Net Interest Income | -104.96M | -108.17M | -86.49M | -88.82M | -76.63M | -63.94M | -171.77M | -206.1M | -217.37M | -142.06M |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 104.96M | 108.17M | 86.49M | 88.82M | 76.63M | 63.94M | 171.77M | 206.1M | 217.37M | 142.06M |
| Other Income/Expense | -126.97M | -468.21M | -235.62M | -2.45B | 1.17B | -62.19M | -1.16B | -397.01M | -379.09M | -283.19M |
| Pretax Income | -69.25M▲ 0% | -427.08M▼ 516.7% | -78.92M▲ 81.5% | -2.6B▼ 3193.6% | 1.69B▲ 165.2% | 890.91M▼ 47.4% | -516.58M▼ 158.0% | 373.29M▲ 172.3% | -152.99M▼ 141.0% | 332.99M▲ 0% |
| Pretax Margin % | -6.34% | -29.89% | -4.37% | -266.47% | 90.72% | 30.84% | -15.27% | 8.87% | -10.34% | 8.69% |
| Income Tax | -156.43M | -101.77M | -66.46M | -160.39M | 81.24M | 35.31M | -283.23M | 136.69M | 123.63M | 118.36M |
| Effective Tax Rate % | 225.88% | 23.83% | 84.21% | 6.17% | 4.79% | 3.96% | 54.83% | 36.62% | -80.81% | 35.54% |
| Net Income | 87.17M▲ 0% | -325.31M▼ 473.2% | -12.46M▲ 96.2% | -2.44B▼ 19475.9% | 1.61B▲ 166.2% | 855.61M▼ 47.0% | -233.36M▼ 127.3% | 236.6M▲ 201.4% | -603.29M▼ 355.0% | 214.63M▲ 0% |
| Net Margin % | 7.99% | -22.77% | -0.69% | -250.03% | 86.37% | 29.62% | -6.9% | 5.62% | -40.77% | 5.6% |
| Net Income Growth % | 117.97% | -473.17% | 96.17% | -19475.92% | 166.16% | -46.98% | -127.27% | 201.39% | -354.99% | 161.19% |
| Net Income (Continuing) | 87.17M | -325.31M | -12.46M | -2.44B | 1.61B | 855.61M | -233.36M | 236.6M | -276.62M | 214.63M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 0.37▲ 0% | -0.93▼ 351.4% | -0.02▲ 97.6% | -4.35▼ 19319.6% | 2.82▲ 164.8% | 1.52▼ 46.1% | -0.33▼ 121.7% | 0.30▲ 190.9% | -0.78▼ 360.0% | 0.28▲ 0% |
| EPS Growth % | 116.16% | -351.35% | 97.59% | -19319.64% | 164.83% | -46.1% | -121.71% | 190.91% | -360% | 169.25% |
| EPS (Basic) | 0.37 | -0.93 | -0.02 | -4.35 | 2.86 | 1.53 | -0.33 | 0.29 | -0.78 | - |
| Diluted Shares Outstanding | 237.25M | 351.54M | 557.05M | 560.66M | 571.61M | 563.84M | 704.9M | 800.22M | 769.18M | 773.16M |
| Basic Shares Outstanding | 234.79M | 349.79M | 557.05M | 560.66M | 563.67M | 557.99M | 704.9M | 805.3M | 769.18M | 768.32M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | 30.43% | - | - |
BTE Balance Sheet
Baytex Energy Corp. (BTE) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Current Assets | 131.35M | 191.15M | 184.77M | 112.53M | 182.06M | 244.05M | 440.02M | 449.63M | 1.19B | 375.5M |
| Cash & Short-Term Investments | 18.51M | 79.58M | 5.57M | -11.08M | -7.76M | 5.46M | 55.81M | 16.61M | 952.34M | 10.42M |
| Cash Only | 0 | 0 | 5.57M | -11.08M | -7.76M | 5.46M | 55.81M | 16.61M | 952.34M | 10.42M |
| Short-Term Investments | 18.51M | 79.58M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 112.84M | 111.56M | 173.76M | 107.48M | 173.41M | 200.91M | 338.4M | 387.27M | 135.12M | 324.29M |
| Days Sales Outstanding | 37.73 | 28.5 | 35.12 | 40.22 | 33.88 | 25.38 | 36.52 | 33.58 | 33.33 | 34.95 |
| Inventory | -18.51M | -79.58M | 0 | 11.08M | 7.76M | 0 | 0 | 0 | 0 | 0 |
| Days Inventory Outstanding | - | - | - | 3.82 | 2.24 | - | - | - | - | - |
| Other Current Assets | 18.51M | 79.58M | 5.43M | 5.06M | 8.65M | 31.3M | 24.27M | 45.75M | 101.94M | 40.8M |
| Total Non-Current Assets | 4.24B | 6.19B | 5.73B | 3.3B | 4.65B | 4.86B | 7.02B | 7.31B | 2.15B | 7.23B |
| Property, Plant & Equipment | 4.24B | 6.19B | 5.73B | 3.29B | 4.65B | 4.8B | 6.75B | 7.08B | 1.95B | 7.03B |
| Fixed Asset Turnover | 0.26x | 0.23x | 0.32x | 0.30x | 0.40x | 0.60x | 0.50x | 0.59x | 0.76x | 0.54x |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 0 | 0 | 0 | 0 | 0 | 0 | 274.87M | 56.29M | 161.68M | 212.56M |
| Total Assets | 4.37B▲ 0% | 6.38B▲ 45.9% | 5.91B▼ 7.3% | 3.41B▼ 42.4% | 4.83B▲ 41.9% | 5.1B▲ 5.6% | 7.46B▲ 46.2% | 7.76B▲ 4.0% | 3.34B▼ 56.9% | 7.6B▲ 0% |
| Asset Turnover | 0.25x | 0.22x | 0.31x | 0.29x | 0.39x | 0.57x | 0.45x | 0.54x | 0.44x | 0.50x |
| Asset Growth % | -4.83% | 45.86% | -7.26% | -42.37% | 41.86% | 5.57% | 46.18% | 4% | -56.92% | 2.41% |
| Total Current Liabilities | 197.21M | 260.1M | 233.5M | 198.86M | 338.73M | 288.53M | 558.02M | 573.73M | 329.91M | 642.06M |
| Accounts Payable | 144.54M | 258.11M | 207.45M | 155.96M | 190.69M | 227.33M | 477.3M | 512.47M | 236.18M | 554.06M |
| Days Payables Outstanding | 48.94 | 73.05 | 48.47 | 53.79 | 55.04 | 45.83 | 69.32 | 58.75 | 74.21 | 71.39 |
| Short-Term Debt | 0 | 0 | 0 | 4.29M | 2.94M | 0 | 0 | 0 | 7.17M | 0 |
| Deferred Revenue (Current) | 2.57M | 1.99M | 11.58M | 11.82M | 11.08M | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 52.67M | 0 | 8.67M | 22.5M | 131.08M | 57.68M | 67.34M | 34.46M | 86.56M | 59.6M |
| Current Ratio | 0.67x | 0.73x | 0.79x | 0.57x | 0.54x | 0.85x | 0.79x | 0.78x | 3.61x | 3.61x |
| Quick Ratio | 0.76x | 1.04x | 0.79x | 0.51x | 0.51x | 0.85x | 0.79x | 0.78x | 3.61x | 3.61x |
| Cash Conversion Cycle | - | - | - | -9.75 | -18.91 | - | - | - | - | -36.44 |
| Total Non-Current Liabilities | 2.26B | 3.06B | 2.73B | 2.63B | 2.28B | 1.78B | 3.08B | 3.02B | 625.68M | 2.77B |
| Long-Term Debt | 1.69B | 2.1B | 1.83B | 1.79B | 1.38B | 930.63M | 2.41B | 2.26B | 0 | 1.98B |
| Capital Lease Obligations | 0 | 0 | 8.09M | 6.79M | 4.83M | 3.02M | 16.06M | 15.46M | 15.83M | 73.65M |
| Deferred Tax Liabilities | 204.7M | 310.84M | 235.31M | 93.59M | 167.46M | 265.86M | 21.33M | 88.56M | 0 | 396.49M |
| Other Non-Current Liabilities | 573.69M | 957.73M | 656.39M | 748.56M | 732.6M | 585.32M | 629.32M | 653.75M | 609.85M | 2.64B |
| Total Liabilities | 2.46B | 3.32B | 2.97B | 2.83B | 2.62B | 2.07B | 3.64B | 3.59B | 955.59M | 3.41B |
| Total Debt | 1.69B | 2.1B | 1.85B | 1.79B | 1.39B | 937.17M | 2.44B | 2.28B | 23M | 2.01B |
| Net Debt | 1.69B | 2.1B | 1.84B | 1.8B | 1.4B | 931.7M | 2.38B | 2.27B | -929.34M | 2B |
| Debt / Equity | 0.88x | 0.69x | 0.63x | 3.10x | 0.63x | 0.31x | 0.64x | 0.55x | 0.01x | 0.01x |
| Debt / EBITDA | 3.08x | 3.46x | 2.04x | 5.20x | 1.39x | 0.61x | 1.44x | 1.06x | 0.10x | 1.05x |
| Net Debt / EBITDA | 3.08x | 3.46x | 2.04x | 5.24x | 1.40x | 0.60x | 1.41x | 1.05x | -4.11x | -4.11x |
| Interest Coverage | 0.55x | 0.36x | 1.84x | -1.70x | 6.81x | 14.76x | 3.74x | 3.74x | 1.04x | 3.64x |
| Total Equity | 1.91B▲ 0% | 3.06B▲ 59.6% | 2.95B▼ 3.5% | 578.21M▼ 80.4% | 2.21B▲ 282.4% | 3.03B▲ 37.0% | 3.83B▲ 26.2% | 4.17B▲ 9.0% | 2.39B▼ 42.8% | 4.19B▲ 0% |
| Equity Growth % | -3.24% | 59.56% | -3.54% | -80.38% | 282.44% | 37.04% | 26.22% | 9.04% | -42.77% | 25.25% |
| Book Value per Share | 8.07 | 8.69 | 5.29 | 1.03 | 3.87 | 5.37 | 5.43 | 5.21 | 3.10 | 5.42 |
| Total Shareholders' Equity | 1.91B | 3.06B | 2.95B | 578.21M | 2.21B | 3.03B | 3.83B | 4.17B | 2.39B | 4.19B |
| Common Stock | 4.44B | 5.7B | 5.72B | 5.73B | 5.74B | 5.5B | 6.53B | 6.14B | 0 | 6.09B |
| Retained Earnings | -3.01B | -3.33B | -3.35B | -5.78B | -4.17B | -3.32B | -3.59B | -3.42B | -4.09B | -3.22B |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 463.1M | 667.87M | 556.22M | 618.98M | 632.1M | 756.2M | 690.92M | 1.09B | 0 | 927.92M |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
BTE Cash Flow Statement
Baytex Energy Corp. (BTE) cash flow — operating, investing & free cash flow history
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations | 325.21M | 485.32M | 834.94M | 353.1M | 712.38M | 1.17B | 1.3B | 1.91B | 1.48B | 1.48B |
| Operating CF Margin % | 29.79% | 33.97% | 46.23% | 36.2% | 38.13% | 40.6% | 38.31% | 45.34% | 100.35% | - |
| Operating CF Growth % | 31.47% | 49.23% | 72.04% | -57.71% | 101.75% | 64.64% | 10.48% | 47.27% | -22.19% | -32.77% |
| Net Income | 87.17M | -325.31M | -12.46M | -2.44B | 1.61B | 855.61M | -233.36M | 236.6M | -276.62M | 214.63M |
| Depreciation & Amortization | 481.93M | 558.68M | 937.33M | 2.87B | -985.77M | 587.05M | 2.02B | 0 | 0 | 651.25M |
| Stock-Based Compensation | 15.51M | 19.53M | 15.89M | 7.22M | 6.39M | 3.16M | 37.7M | 0 | 0 | 0 |
| Deferred Taxes | -155.34M | -101.73M | -68.56M | -160.97M | 79.97M | 31.72M | -297.63M | 114.93M | 0 | 100.03M |
| Other Non-Cash Items | -95.1M | 294.7M | 14.79M | 23.62M | 24.78M | -330.73M | -7.9M | 1.57B | 1.74B | 729.94M |
| Working Capital Changes | -8.96M | 39.45M | -52.07M | 48.76M | -26.58M | 26.07M | -220.9M | -17.92M | 18.1M | 31.31M |
| Change in Receivables | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Payables | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash from Investing | -352.68M | -463.27M | -617.51M | -314.47M | -310.76M | -488.99M | -1.51B | -1.28B | 1.78B | -1.24B |
| Capital Expenditures | -398.15M | -498.23M | -556.51M | -282.62M | -315.77M | -524.04M | -1.06B | -1.31B | -1.24B | -1.31B |
| CapEx % of Revenue | 36.48% | 34.87% | 30.82% | 28.97% | 16.9% | 18.14% | 31.22% | 31.23% | 83.76% | - |
| Acquisitions | -59.86M | 1.82M | -2.18M | 182K | 6.25M | 25.65M | -662.58M | 0 | 3.02B | 2.27M |
| Investments | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 45.47M | 34.95M | -58.82M | -32.03M | -1.24M | 9.4M | 207.07M | 35.12M | 3.04M | 66.04M |
| Cash from Financing | 24.77M | -22.05M | -211.86M | -44.2M | -401.62M | -678.42M | 266.25M | -668.17M | -2.33B | -498.96M |
| Debt Issued (Net) | 24.77M | -21.3M | -211.86M | -44.2M | -401.62M | -517.3M | 569.19M | -355.16M | -2.21B | -354.76M |
| Equity Issued (Net) | 0 | 0 | 0 | 0 | 0 | -1000K | -1000K | -1000K | -1000K | -3M |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | -37.52M | -71.98M | -69.13M | -69.52M |
| Share Repurchases | 0 | 0 | 0 | 0 | 0 | -158.98M | -221.93M | -222.2M | 0 | -70.89M |
| Other Financing | 0 | -755K | 0 | 0 | 0 | -2.14M | -43.49M | -18.82M | -17.87M | -3.79M |
| Net Change in Cash | -89.35M▲ 0% | 106.14M▲ 218.8% | 5.57M▼ 94.8% | -5.57M▼ 200.0% | 0▲ 100.0% | 5.46M▲ 0% | 50.35M▲ 821.5% | -39.2M▼ 177.9% | 936.5M▲ 2488.7% | -10.89M▲ 0% |
| Free Cash Flow | -72.94M▲ 0% | -12.9M▲ 82.3% | 278.43M▲ 2257.7% | 70.48M▼ 74.7% | 396.62M▲ 462.8% | 648.83M▲ 63.6% | 239.61M▼ 63.1% | 593.85M▲ 147.8% | 246.32M▼ 58.5% | 419.75M▲ 0% |
| FCF Margin % | -6.68% | -0.9% | 15.42% | 7.22% | 21.23% | 22.46% | 7.08% | 14.11% | 16.65% | 10.96% |
| FCF Growth % | -424.68% | 82.31% | 2257.7% | -74.69% | 462.77% | 63.59% | -63.07% | 147.83% | -58.52% | -27.09% |
| FCF per Share | -0.31 | -0.04 | 0.50 | 0.13 | 0.69 | 1.15 | 0.34 | 0.74 | 0.32 | 0.32 |
| FCF Conversion (FCF/Net Income) | 3.73x | -1.49x | -67.01x | -0.14x | 0.44x | 1.37x | -5.55x | 8.07x | -2.46x | 1.96x |
| Interest Paid | 98.1M | 0 | 112.24M | 102.36M | 93.11M | 84.22M | 153.22M | 200.22M | 0 | 183.34M |
| Taxes Paid | 49K | 0 | 1.16M | 1.16M | 253K | 2.3M | 3.6M | 19.43M | 0 | 23.37M |
BTE Key Ratios
Baytex Energy Corp. (BTE) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Return on Equity (ROE) | 4.48% | -13.09% | -0.42% | -138.36% | 115.69% | 32.65% | -6.81% | 5.92% | -18.4% | 5.16% |
| Return on Invested Capital (ROIC) | 1.18% | 0.66% | 2.4% | -3.16% | 13.07% | 18.7% | 9.48% | 9.14% | 4.3% | 4.3% |
| Gross Margin | 1.23% | 9.74% | 13.49% | -8.49% | 32.3% | 37.33% | 25.7% | 24.35% | 21.49% | 27.02% |
| Net Margin | 7.99% | -22.77% | -0.69% | -250.03% | 86.37% | 29.62% | -6.9% | 5.62% | -40.77% | 5.6% |
| Debt / Equity | 0.88x | 0.69x | 0.63x | 3.10x | 0.63x | 0.31x | 0.64x | 0.55x | 0.01x | 0.01x |
| Interest Coverage | 0.55x | 0.36x | 1.84x | -1.70x | 6.81x | 14.76x | 3.74x | 3.74x | 1.04x | 3.64x |
| FCF Conversion | 3.73x | -1.49x | -67.01x | -0.14x | 0.44x | 1.37x | -5.55x | 8.07x | -2.46x | 1.96x |
| Revenue Growth | 39.92% | 30.9% | 26.39% | -45.98% | 91.52% | 54.64% | 17.08% | 24.43% | -64.85% | 6.87% |
BTE Frequently Asked Questions
Baytex Energy Corp. (BTE) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
Baytex Energy Corp. (BTE) reported $3.83B in revenue for fiscal year 2025. This represents a 24297% increase from $15.7M in 1996.
Baytex Energy Corp. (BTE) saw revenue decline by 64.8% over the past year.
Yes, Baytex Energy Corp. (BTE) is profitable, generating $214.6M in net income for fiscal year 2025 (-40.8% net margin).
Dividend & Returns
Yes, Baytex Energy Corp. (BTE) pays a dividend with a yield of 1.33%. This makes it attractive for income-focused investors.
Baytex Energy Corp. (BTE) has a return on equity (ROE) of -18.4%. Negative ROE indicates the company is unprofitable.
Baytex Energy Corp. (BTE) generated $419.8M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.
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Baytex Energy Corp. (BTE) financial analysis — history, returns, DCA and operating performance tools
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