Baytex Energy Corp. (BTE)

NYSE: BTE · Real-Time Price · USD

4.180

-0.040 (-0.95%)

At close: Nov 6, 2026, 4:00 PM EST

4.210

+0.030 (0.72%)

After-hours: Nov 6, 2026, 7:50 PM EST

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	Sep '26 Sep 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	1,801	1,481	1,613	2,713	2,326	1,529
Revenue Growth	660.75%	-8.19%	-40.55%	16.63%	52.13%	88.37%
Gross Profit	1,111	827.81	927.08	1,779	1,665	1,068
Operating Income	209.97	61.22	357.59	-214.82	1,022	1,779
Net Income	-589.08	-603.78	236.6	-233.36	855.61	1,614
Earnings Per Share	-0.80	-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	Sep '26 Sep 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	652.6	953.11	16.61	55.82	5.46	0
Total Debt	148.3	117.99	2,282	2,441	937.17	1,387
Net Cash (Debt)	504.3	835.12	-2,265	-2,385	-931.7	-1,387
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	0.69	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	Sep '26 Sep 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	863.75	1,486	1,908	1,296	1,173	712.38
Capital Expenditures	-664.71	-1,278	-1,314	-1,056	-524.04	-315.77
Free Cash Flow	199.04	207.48	593.85	239.61	648.83	396.62
Free Cash Flow Growth	-52.58%	-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	Sep '26 Sep 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	61.68%	55.90%	57.48%	65.57%	71.60%	69.85%
Operating Margin	11.66%	4.13%	22.17%	-7.92%	43.93%	116.32%
Pretax Margin	3.82%	-10.34%	-1.04%	-19.04%	38.30%	110.84%
Profit Margin	-32.71%	-40.77%	14.67%	-8.60%	36.78%	105.53%
FCF Margin	11.05%	14.01%	36.82%	8.83%	27.89%	25.94%

Dividends

Fiscal Year	Current	FY 2025	FY 2024	FY 2023
Period Ending	Nov '26 Nov 8, 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	0.09%	0%	100.00%	-
Dividend Yield	1.55%	2.02%	2.34%	1.02%

Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Nov '26 Nov 8, 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	20.13	16.44	5.02	15.07	5.11	5.56
PS Ratio	2.24	2.30	1.85	1.33	1.43	1.44