Baytex Energy Balance Sheet

Financials in millions CAD. Fiscal year is January - December.

Millions CAD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	953.11	16.61	55.82	5.46	-
Cash & Short-Term Investments	953.11	16.61	55.82	5.46	-
Cash Growth	5638.19%	-70.24%	921.50%	-	-
Receivables	135.23	387.27	339.41	200.91	173.41
Prepaid Expenses	35.01	20.18	21.53	6.38	-
Other Current Assets	67.02	25.57	23.27	31.31	8.65
Total Current Assets	1,190	449.63	440.02	244.05	182.06
Property, Plant & Equipment	2,080	7,076	6,746	4,802	4,653
Long-Term Deferred Tax Assets	46.34	178.21	213.15	57.24	-
Other Long-Term Assets	28.22	56.29	61.73	-	-
Total Assets	3,345	7,760	7,461	5,104	4,835
Accounts Payable	236.37	512.47	477.3	227.33	190.69
Current Portion of Leases	7.18	9.19	13.39	3.52	2.94
Other Current Liabilities	86.63	52.06	67.34	57.68	145.1
Total Current Liabilities	330.18	573.73	558.02	288.53	338.73
Long-Term Debt	94.97	2,257	2,411	930.63	1,380
Long-Term Leases	15.84	15.46	16.06	3.02	4.83
Long-Term Deferred Tax Liabilities	-	88.56	21.33	265.86	167.46
Other Long-Term Liabilities	515.37	653.75	629.32	585.32	732.6
Total Liabilities	956.37	3,589	3,636	2,073	2,623
Common Stock	6,073	6,137	6,527	5,500	5,737
Additional Paid-In Capital	397.68	361.85	193.08	89.88	13.56
Retained Earnings	-4,095	-3,422	-3,586	-3,315	-4,171
Comprehensive Income & Other	13.36	1,093	690.92	756.2	632.1
Shareholders' Equity	2,389	4,171	3,825	3,030	2,211
Total Liabilities & Equity	3,345	7,760	7,461	5,104	4,835
Total Debt	117.99	2,282	2,441	937.17	1,387
Net Cash (Debt)	835.12	-2,265	-2,385	-931.7	-1,387
Net Cash Per Share	1.09	-2.80	-3.38	-1.65	-2.43
Filing Date Shares Outstanding	765.57	773.59	821.7	544.93	564.2
Total Common Shares Outstanding	765.57	773.59	821.68	544.93	564.21
Working Capital	860.19	-124.1	-118	-44.48	-156.67
Book Value Per Share	3.12	5.39	4.66	5.56	3.92
Tangible Book Value	2,389	4,171	3,825	3,030	2,211
Tangible Book Value Per Share	3.12	5.39	4.66	5.56	3.92
Machinery	7.65	8.03	7.94	6.57	7.12

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.