Baytex Energy Corp. (BTE) — Financial statements
Income statement, balance sheet, and cash flow for Baytex Energy Corp. — annual and quarterly history with growth and margin analysis.
| Metric (CAD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 1,480↓8.2% | 1,612↓40.6% | 2,713↑17.7% | 2,306↑49.7% | 1,541 | |
| Cost of Revenue | 1,162↓2.0% | 1,185↓39.6% | 1,962↑53.0% | 1,282↑33.5% | 960 | |
| Gross Profit | 318↓25.5% | 427↓43.1% | 751↓26.6% | 1,023↑76.3% | 580 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Selling & Marketing Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SG&A Expenses | 92↑30.9% | 70↓34.7% | 107↑36.7% | 79↑50.3% | 52 | |
| Other Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Operating Expenses | 92↑30.9% | 70↓34.7% | 107↑36.7% | 79↑50.3% | 52 | |
| Total Costs & Expenses | 1,254↓0.1% | 1,255↓39.4% | 2,070↑52.1% | 1,361↑34.4% | 1,013 | |
| Operating Results | ||||||
| Operating Income | 226↓36.6% | 357↓44.5% | 643↓31.9% | 945↑78.9% | 528 | |
| Depreciation & Amortization | 504↑0.7% | 500↓53.2% | 1,068↑78.8% | 597↑24.3% | 481 | |
| EBITDA | 730↓14.9% | 857↓49.9% | 1,712↑11.0% | 1,542↑52.9% | 1,009 | |
| EBIT | 226↓36.6% | 357↓44.5% | 643↓31.9% | 945↑78.9% | 528 | |
| Interest & Other Income | ||||||
| Net Interest Income | -217↓5.5% | -206↓20.0% | -172↓168.6% | -64↑16.6% | -77 | |
| Interest Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Interest Expense | 217↑5.5% | 206↑20.0% | 172↑168.6% | 64↓16.6% | 77 | |
| Non-Operating Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Other Income / Expenses | -379↓1.5% | -373↑67.8% | -1,160↓1781.7% | -62↓105.2% | 1,180 | |
| Income Before Tax | -153↓815.7% | -17↑96.8% | -517↓158.5% | 883↓48.3% | 1,708 | |
| Income Tax Expense | 124↑53.2% | 81↑128.5% | -283↓909.3% | 35↓57.2% | 82 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | -277↓184.0% | -97↑58.3% | -233↓127.5% | 848↓47.8% | 1,626 | |
| Net Income from Discontinued Operations | -327↓197.9% | 334 | 0.00 | 0.00 | 0.00 | |
| Net Income | -603↓355.2% | 236↑201.3% | -233↓127.5% | 848↓47.8% | 1,626 | |
| Bottom-Line Net Income | -603↓355.2% | 236↑201.3% | -233↓127.5% | 848↓47.8% | 1,626 | |
| EPS (Basic) | -0.78↓369.0% | 0.29↑187.9% | -0.33↓121.6% | 1.53↓46.5% | 2.86 | |
| EPS (Diluted) | -0.78↓360.0% | 0.30↑190.9% | -0.33↓121.7% | 1.52↓46.1% | 2.82 | |
| Weighted Average Shares | 769↓4.5% | 805↑14.2% | 705↑26.3% | 558↓1.0% | 564 | |
| Weighted Average Diluted Shares | 769↓3.9% | 800↑13.5% | 705↑25.0% | 564↓1.4% | 572 | |
* All figures in Millions of CAD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.