Baytex Financial Statements From 2010 to 2024

BTE Stock  CAD 5.23  0.03  0.58%   
Baytex Energy financial statements provide useful quarterly and yearly information to potential Baytex Energy Corp investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Baytex Energy financial statements helps investors assess Baytex Energy's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Baytex Energy's valuation are summarized below:
Gross Profit
1.7 B
Profit Margin
(0.09)
Market Capitalization
4.3 B
Enterprise Value Revenue
1.9661
Revenue
2.7 B
We have found one hundred twenty available fundamental signals for Baytex Energy Corp, which can be analyzed and compared to other ratios and to its rivals. Self-guided Investors are advised to validate Baytex Energy's prevailing fundamentals against the trend between 2010 and 2024 to make sure the company can sustain itself down the road. As of the 25th of April 2024, Market Cap is likely to grow to about 590 M. Also, Enterprise Value is likely to grow to about 2.8 B

Baytex Energy Total Revenue

3.55 Billion

Check Baytex Energy financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Baytex main balance sheet or income statement drivers, such as Depreciation And Amortization of 708.9 M, Interest Expense of 167.8 M or Selling General Administrative of 112.9 M, as well as many exotic indicators such as Price To Sales Ratio of 1.08, Dividend Yield of 0.0133 or PTB Ratio of 0.77. Baytex financial statements analysis is a perfect complement when working with Baytex Energy Valuation or Volatility modules.
  
This module can also supplement various Baytex Energy Technical models . Check out the analysis of Baytex Energy Correlation against competitors.

Baytex Energy Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets7.8 B7.5 B4.6 B
Slightly volatile
Short and Long Term Debt Total884.5 M1.1 B1.3 B
Slightly volatile
Other Current Liabilities14 M14.7 M38.1 M
Very volatile
Total Current Liabilities585.9 M558 M288.3 M
Slightly volatile
Total Stockholder EquityB3.8 B2.2 B
Slightly volatile
Property Plant And Equipment Net7.1 B6.7 B4.3 B
Slightly volatile
Net Debt2.5 B2.4 B1.5 B
Slightly volatile
Accounts Payable501.2 M477.3 M241 M
Slightly volatile
Non Current Assets Total7.4 BB4.4 B
Slightly volatile
Net Receivables356.4 M339.4 M169.2 M
Slightly volatile
Common Stock Shares Outstanding887.6 M845.4 M367.3 M
Slightly volatile
Liabilities And Stockholders Equity6.2 B5.9 B4.4 B
Slightly volatile
Non Current Liabilities Total3.2 B3.1 B2.2 B
Slightly volatile
Other Stockholder Equity76.8 M80.9 M152.5 M
Slightly volatile
Total Liabilities3.8 B3.6 B2.5 B
Slightly volatile
Property Plant And Equipment Gross16.4 B15.7 B6.5 B
Slightly volatile
Total Current Assets462 M440 M224.2 M
Slightly volatile
Other Current Assets32.1 M21.5 M44.7 M
Slightly volatile
Inventory7.3 MM5.8 M
Slightly volatile
Intangible Assets31.4 M35.3 M38.5 M
Slightly volatile
Good Will295.9 M281.8 M195.6 M
Slightly volatile
Other Liabilities839.3 M978.9 M743.5 M
Slightly volatile
Net Tangible Assets2.3 B3.5 B2.1 B
Slightly volatile
Long Term Debt1.7 B2.4 B1.5 B
Slightly volatile
Deferred Long Term Liabilities277.8 M254 M343.6 M
Slightly volatile
Short and Long Term Debt1.5 B1.9 B1.4 B
Slightly volatile
Common Stock4.6 B6.3 B4.2 B
Slightly volatile
Property Plant Equipment4.8 B5.5 B4.2 B
Slightly volatile
Common Stock Total Equity4.6 B6.6 B4.3 B
Slightly volatile
Long Term Debt Total1.3 B840.3 M1.7 B
Slightly volatile
Capital Surpluse108.5 M103.4 M28.8 M
Slightly volatile
Current Deferred Revenue8.2 M13.6 M9.3 M
Pretty Stable
Non Current Liabilities Other16.4 M17.2 M187.9 M
Slightly volatile
Net Invested Capital4.7 B6.2 BB
Slightly volatile
Capital Stock6.4 B6.5 B5.8 B
Slightly volatile
Capital Lease Obligations15.1 M29.4 M13.9 M
Very volatile

Baytex Energy Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization708.9 M675.1 M485.2 M
Slightly volatile
Interest Expense167.8 M159.8 M89 M
Slightly volatile
Selling General Administrative112.9 M107.5 M69.6 M
Slightly volatile
Total Revenue3.6 B3.4 B1.6 B
Slightly volatile
Other Operating Expenses2.3 B2.2 B1.3 B
Slightly volatile
Cost Of Revenue2.7 B2.6 B1.2 B
Slightly volatile
Total Operating Expenses2.9 B2.7 B521.7 M
Slightly volatile
Non Recurring487.4 M288 M502.6 M
Slightly volatile
Interest Income389.8 M371.3 M194.2 M
Slightly volatile
Reconciled Depreciation684.9 MB561.1 M
Slightly volatile

Baytex Energy Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation441.6 M675.1 M667.5 M
Slightly volatile
Capital Expenditures1.1 B1.1 B524.7 M
Slightly volatile
Total Cash From Operating Activities1.4 B1.3 B673.5 M
Slightly volatile
Stock Based Compensation13.8 M16.2 M17.6 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio1.081.13812.3402
Slightly volatile
Dividend Yield0.01330.0140.0335
Slightly volatile
PTB Ratio0.770.80721.6278
Slightly volatile
Days Sales Outstanding61.1645.665548.0409
Slightly volatile
Book Value Per Share6.085.42657.7725
Slightly volatile
Invested Capital0.590.63380.7769
Pretty Stable
Operating Cash Flow Per Share2.161.78082.5344
Slightly volatile
Average Payables67.8 M79.1 M85.6 M
Slightly volatile
PB Ratio0.770.80721.6278
Slightly volatile
EV To Sales1.922.01723.4219
Slightly volatile
Inventory Turnover139147349
Slightly volatile
Days Of Inventory On Hand2.452.582.7403
Slightly volatile
Payables Turnover2.494.1114.6662
Slightly volatile
Sales General And Administrative To Revenue0.05840.03960.0538
Slightly volatile
Average Inventory6.4 M6.4 M2.5 M
Slightly volatile
POCF Ratio2.342.45955.0875
Slightly volatile
Days Payables Outstanding84.3588.7865221
Slightly volatile
EV To Operating Cash Flow4.144.35927.7883
Slightly volatile
Intangibles To Total Assets0.02740.04520.0338
Slightly volatile
Net Debt To EBITDA1.391.39342.5789
Very volatile
Current Ratio0.810.78850.7347
Pretty Stable
Tangible Book Value Per Share5.945.42657.5904
Slightly volatile
Receivables Turnover6.187.99298.5998
Slightly volatile
Graham Number11.346.357614.9863
Slightly volatile
Shareholders Equity Per Share6.085.42657.7725
Slightly volatile
Debt To Equity0.590.63380.7769
Pretty Stable
Average Receivables50.7 M62.4 M66.8 M
Pretty Stable
Revenue Per Share4.783.84865.3513
Slightly volatile
Interest Debt Per Share4.273.68325.5383
Pretty Stable
Debt To Assets0.240.3250.3003
Pretty Stable
Enterprise Value Over EBITDA3.043.19737.1776
Slightly volatile
Operating Cycle65.8645.665548.9411
Slightly volatile
Price Book Value Ratio0.770.80721.6278
Slightly volatile
Days Of Payables Outstanding84.3588.7865221
Slightly volatile
Price To Operating Cash Flows Ratio2.342.45955.0875
Slightly volatile
Effective Tax Rate0.520.54836.075
Pretty Stable
Company Equity Multiplier1.831.95052.3243
Pretty Stable
Long Term Debt To Capitalization0.30.38660.3911
Pretty Stable
Total Debt To Capitalization0.320.38790.3927
Pretty Stable
Debt Equity Ratio0.590.63380.7769
Pretty Stable
Quick Ratio0.450.70830.5769
Pretty Stable
Operating Cash Flow Sales Ratio0.480.46270.4438
Slightly volatile
Days Of Inventory Outstanding2.452.582.7403
Slightly volatile
Days Of Sales Outstanding61.1645.665548.0409
Slightly volatile
Cash Flow Coverage Ratios0.650.51780.5638
Pretty Stable
Price To Book Ratio0.770.80721.6278
Slightly volatile
Fixed Asset Turnover0.310.40760.3474
Very volatile
Price Cash Flow Ratio2.342.45955.0875
Slightly volatile
Enterprise Value Multiple3.043.19737.1776
Slightly volatile
Debt Ratio0.240.3250.3003
Pretty Stable
Cash Flow To Debt Ratio0.650.51780.5638
Pretty Stable
Price Sales Ratio1.081.13812.3402
Slightly volatile
Asset Turnover0.280.36360.3225
Very volatile
Price Fair Value0.770.80721.6278
Slightly volatile

Baytex Energy Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap590 M348.2 M670.3 M
Slightly volatile
Enterprise Value2.8 B2.7 B2.7 B
Slightly volatile

Baytex Fundamental Market Drivers

Forward Price Earnings7.0126

About Baytex Energy Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Baytex Energy income statement, its balance sheet, and the statement of cash flows. Baytex Energy investors use historical funamental indicators, such as Baytex Energy's revenue or net income, to determine how well the company is positioned to perform in the future. Although Baytex Energy investors may use each financial statement separately, they are all related. The changes in Baytex Energy's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Baytex Energy's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Baytex Energy Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Baytex Energy. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Deferred Revenue13.6 M8.2 M
Total Revenue3.4 B3.6 B
Cost Of Revenue2.6 B2.7 B
Stock Based Compensation To Revenue 0.01  0.01 
Sales General And Administrative To Revenue 0.04  0.06 
Research And Ddevelopement To Revenue 0.00  0.00 
Capex To Revenue(0.39)(0.41)
Revenue Per Share 3.85  4.78 
Ebit Per Revenue 0.24  0.24 
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Baytex Energy in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Baytex Energy's short interest history, or implied volatility extrapolated from Baytex Energy options trading.

Pair Trading with Baytex Energy

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Baytex Energy position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Baytex Energy will appreciate offsetting losses from the drop in the long position's value.

Moving together with Baytex Stock

  0.82ENB-PFC Enbridge Pref 11PairCorr
  0.74ENB-PFU Enbridge Pref LPairCorr

Moving against Baytex Stock

  0.71AAPL Apple Inc CDRPairCorr
The ability to find closely correlated positions to Baytex Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Baytex Energy when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Baytex Energy - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Baytex Energy Corp to buy it.
The correlation of Baytex Energy is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Baytex Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Baytex Energy Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Baytex Energy can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Baytex Energy Corp is a strong investment it is important to analyze Baytex Energy's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Baytex Energy's future performance. For an informed investment choice regarding Baytex Stock, refer to the following important reports:
Check out the analysis of Baytex Energy Correlation against competitors.
Note that the Baytex Energy Corp information on this page should be used as a complementary analysis to other Baytex Energy's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.

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When running Baytex Energy's price analysis, check to measure Baytex Energy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Baytex Energy is operating at the current time. Most of Baytex Energy's value examination focuses on studying past and present price action to predict the probability of Baytex Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Baytex Energy's price. Additionally, you may evaluate how the addition of Baytex Energy to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Baytex Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Baytex Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Baytex Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.