Baytex Energy Corp. (BTE)

NYSE: BTE · Real-Time Price · USD

4.530

-0.060 (-1.31%)

At close: Sep 25, 2026, 4:00 PM EDT

4.554

+0.024 (0.54%)

After-hours: Sep 25, 2026, 7:43 PM EDT

Baytex Energy Financials Overview

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

Millions CAD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Revenue	1,674	1,481	1,613	2,713	2,326	1,529
Revenue Growth	137.98%	-8.19%	-40.55%	16.63%	52.13%	88.37%
Gross Profit	987.61	827.81	927.08	1,779	1,665	1,068
Operating Income	73.35	61.22	357.59	-214.82	1,022	1,779
Net Income	-717.38	-603.78	236.6	-233.36	855.61	1,614
Earnings Per Share	-0.95	-0.79	0.29	-0.33	1.52	2.82
EPS Growth	-	-	-	-	-46.10%	-

Cash & Debt

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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 & Investments	720.34	953.11	16.61	55.82	5.46	0
Total Debt	149.49	117.99	2,282	2,441	937.17	1,387
Net Cash (Debt)	570.85	835.12	-2,265	-2,385	-931.7	-1,387
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	0.76	1.09	-2.80	-3.38	-1.65	-2.43

Cash Flow & CapEx

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Operating Cash Flow	1,053	1,486	1,908	1,296	1,173	712.38
Capital Expenditures	-789.89	-1,278	-1,314	-1,056	-524.04	-315.77
Free Cash Flow	263.5	207.48	593.85	239.61	648.83	396.62
Free Cash Flow Growth	-49.29%	-65.06%	147.83%	-63.07%	63.59%	462.77%

Margins

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Gross Margin	59.01%	55.90%	57.48%	65.57%	71.60%	69.85%
Operating Margin	4.38%	4.13%	22.17%	-7.92%	43.93%	116.32%
Pretax Margin	-9.09%	-10.34%	-1.04%	-19.04%	38.30%	110.84%
Profit Margin	-42.86%	-40.77%	14.67%	-8.60%	36.78%	105.53%
FCF Margin	15.74%	14.01%	36.82%	8.83%	27.89%	25.94%

Dividends

Fiscal Year	Current	FY 2025	FY 2024	FY 2023
Period Ending	Sep '26 Sep 27, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Dividend Per Share	0.065	0.090	0.090	0.045
Dividend Per Share Growth	1.42%	0%	100.00%	-
Dividend Yield	1.44%	2.05%	2.52%	1.09%

Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 27, 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
PE Ratio	-	-	12.59	-	3.88	1.37
P/FCF Ratio	17.07	16.44	5.02	15.07	5.11	5.56
PS Ratio	2.70	2.30	1.85	1.33	1.43	1.44