BTE
Baytex Energy Corp
NYSE: BTE · ENERGY · OIL & GAS E&P
$4.80
-0.62% today
Updated 2026-05-11
Market cap
$3.51B
P/E ratio
—
P/S ratio
2.36x
EPS (TTM)
$-0.33
Dividend yield
1.86%
52W range
$2 – $5
Volume
23.7M
Baytex Energy Corp (BTE) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $471.32M | $514.05M | $832.83M | $659.62M | $838.89M | $1.09B | $1.03B | $1.06B | $1.46B | $886.17M | $606.42M | $870.52M | $1.11B | $1.53B | $813.58M | $1.54B | $2.31B | $2.71B | $1.61B | $1.48B |
| Revenue growth (YoY) | — | +9.1% | +62.0% | -20.8% | +27.2% | +30.5% | -6.1% | +3.1% | +38.1% | -39.4% | -31.6% | +43.6% | +27.7% | +37.3% | -46.7% | +89.4% | +49.7% | +17.7% | -40.6% | -8.2% |
| Cost of revenue | $289.13M | $351.59M | $537.97M | $560.26M | $590.83M | $719.89M | $757.98M | $741.16M | $1.01B | $1.08B | $804.94M | $874.07M | $1.01B | $1.30B | $919.61M | $960.38M | $1.28B | $1.96B | $1.18B | $1.16B |
| Gross profit | $182.19M | $162.46M | $294.86M | $99.36M | $248.06M | $374.52M | $269.32M | $317.88M | $451.74M | $-189.11M | $-198.52M | $-3.55M | $106.16M | $224.01M | $-106.03M | $580.30M | $1.02B | $750.74M | $426.97M | $317.97M |
| Gross margin | 38.7% | 31.6% | 35.4% | 15.1% | 29.6% | 34.2% | 26.2% | 30.0% | 30.9% | -21.3% | -32.7% | -0.4% | 9.6% | 14.7% | -13.0% | 37.7% | 44.4% | 27.7% | 26.5% | 21.5% |
| R&D | $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 | $28.30M | $31.55M | $37.42M | $41.45M | $48.12M | $73.18M | $81.33M | $77.80M | $87.42M | $74.75M | $64.75M | $62.90M | $65.36M | $61.36M | $43.74M | $51.93M | $79.33M | $69.79M | $99.62M | $91.94M |
| Operating income | $145.50M | $124.35M | $253.23M | $57.88M | $112.37M | $301.89M | $187.80M | $244.01M | $368.18M | $-263.66M | $-263.74M | $-67.37M | $41.01M | $160.97M | $-149.87M | $527.97M | $944.72M | $643.24M | $356.79M | $226.10M |
| Operating margin | 30.9% | 24.2% | 30.4% | 8.8% | 13.4% | 27.6% | 18.3% | 23.0% | 25.2% | -29.8% | -43.5% | -7.7% | 3.7% | 10.5% | -18.4% | 34.3% | 41.0% | 23.7% | 22.1% | 15.3% |
| EBITDA | $297.97M | $313.11M | $449.06M | $295.28M | $316.28M | $549.85M | $492.93M | $563.00M | $888.00M | $402.74M | $254.53M | $430.41M | $608.80M | $926.69M | $346.61M | $1.01B | $1.54B | $1.71B | $857.03M | $729.74M |
| EBITDA margin | 63.2% | 60.9% | 53.9% | 44.8% | 37.7% | 50.2% | 48.0% | 53.2% | 60.7% | 45.4% | 42.0% | 49.4% | 54.8% | 60.7% | 42.6% | 65.5% | 66.9% | 63.1% | 53.2% | 49.3% |
| EBIT | $145.50M | $124.35M | $253.23M | $57.88M | $112.37M | $301.89M | $187.80M | $244.01M | $368.18M | $-263.66M | $-263.74M | $-67.37M | $41.01M | $160.97M | $-149.87M | $527.97M | $944.72M | $643.24M | $356.79M | $226.10M |
| Interest expense | $33.69M | $35.24M | $32.96M | $38.18M | $28.31M | $12.49M | $39.70M | $43.32M | $82.78M | $103.40M | $103.69M | $104.96M | $108.17M | $86.49M | $88.82M | $76.63M | $63.94M | $171.77M | $206.10M | $217.37M |
| Income tax | $-32.76M | $-42.66M | $25.56M | $-19.09M | $-23.55M | $52.14M | $117.76M | $52.80M | $134.39M | $-344.15M | $-272.60M | $-156.43M | $-101.77M | $-66.46M | $-160.39M | $81.24M | $35.31M | $-283.23M | $136.69M | — |
| Effective tax rate | -28.7% | -47.6% | 10.1% | -27.8% | -11.2% | 19.4% | 31.2% | 25.2% | 1805.0% | 23.3% | 35.8% | 230.1% | 23.9% | 83.9% | 6.2% | 4.8% | 4.0% | 54.8% | 36.6% | 0.0% |
| Net income | $146.97M | $132.33M | $227.31M | $87.64M | $232.89M | $216.99M | $259.22M | $156.51M | $-126.95M | $-1.13B | $-488.76M | $88.45M | $-324.28M | $-12.80M | $-2.44B | $1.63B | $848.08M | $-233.38M | $236.44M | $-603.29M |
| Net income growth (YoY) | — | -10.0% | +71.8% | -61.4% | +165.7% | -6.8% | +19.5% | -39.6% | -181.1% | -790.7% | +56.8% | +118.1% | -466.6% | +96.1% | -18999.4% | +166.5% | -47.8% | -127.5% | +201.3% | -355.2% |
| Profit margin | 31.2% | 25.7% | 27.3% | 13.3% | 27.8% | 19.8% | 25.2% | 14.8% | -8.7% | -127.6% | -80.6% | 10.2% | -29.2% | -0.8% | -300.5% | 105.5% | 36.8% | -8.6% | 14.7% | -40.8% |