Baytex Energy Balance Sheet

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

Millions CAD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	757.87	953.11	16.61	55.82	5.46	-
Cash & Short-Term Investments	757.87	953.11	16.61	55.82	5.46	-
Cash Growth	12603.13%	5638.19%	-70.24%	921.50%	-	-
Receivables	194.99	135.23	387.27	339.41	200.91	173.41
Prepaid Expenses	32.64	35.01	20.18	21.53	6.38	-
Other Current Assets	1.9	67.02	25.57	23.27	31.31	8.65
Total Current Assets	1,002	1,190	449.63	440.02	244.05	182.06
Property, Plant & Equipment	2,154	2,080	7,076	6,746	4,802	4,653
Long-Term Deferred Tax Assets	70.61	46.34	178.21	213.15	57.24	-
Other Long-Term Assets	26.45	28.22	56.29	61.73	-	-
Total Assets	3,253	3,345	7,760	7,461	5,104	4,835
Accounts Payable	303.11	236.37	512.47	477.3	227.33	190.69
Current Portion of Leases	9.44	7.18	9.19	13.39	3.52	2.94
Other Current Liabilities	153.11	86.63	52.06	67.34	57.68	145.1
Total Current Liabilities	465.66	330.18	573.73	558.02	288.53	338.73
Long-Term Debt	87.6	94.97	2,257	2,411	930.63	1,380
Long-Term Leases	48.78	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	517.89	515.37	653.75	629.32	585.32	732.6
Total Liabilities	1,120	956.37	3,589	3,636	2,073	2,623
Common Stock	5,787	6,073	6,137	6,527	5,500	5,737
Additional Paid-In Capital	511.33	397.68	361.85	193.08	89.88	13.56
Retained Earnings	-4,178	-4,095	-3,422	-3,586	-3,315	-4,171
Comprehensive Income & Other	13.17	13.36	1,093	690.92	756.2	632.1
Shareholders' Equity	2,133	2,389	4,171	3,825	3,030	2,211
Total Liabilities & Equity	3,253	3,345	7,760	7,461	5,104	4,835
Total Debt	145.82	117.99	2,282	2,441	937.17	1,387
Net Cash (Debt)	612.05	835.12	-2,265	-2,385	-931.7	-1,387
Net Cash Per Share	0.80	1.09	-2.80	-3.38	-1.65	-2.43
Filing Date Shares Outstanding	723.4	765.57	773.59	821.7	544.93	564.2
Total Common Shares Outstanding	730.56	765.57	773.59	821.68	544.93	564.21
Working Capital	535.91	860.19	-124.1	-118	-44.48	-156.67
Book Value Per Share	2.92	3.12	5.39	4.66	5.56	3.92
Tangible Book Value	2,133	2,389	4,171	3,825	3,030	2,211
Tangible Book Value Per Share	2.92	3.12	5.39	4.66	5.56	3.92
Machinery	7.48	7.65	8.03	7.94	6.57	7.12

Source: S&P Global Market Intelligence. Standard template. Financial Sources.