Baytex Energy Corp. (BTE)

Baytex Energy Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	3,329	2,713	2,326	1,529	811.74
Revenue Growth (YoY)	22.71%	16.63%	52.13%	88.37%	-45.36%
Cost of Revenue	1,053	933.99	660.68	460.95	408.16
Gross Profit	2,276	1,779	1,665	1,068	403.58
Selling, General & Admin	81.75	69.79	50.27	40.8	34.27
Other Operating Expenses	19.13	-4.29	214.69	300.25	-20.36
Operating Expenses	1,505	1,994	643.56	-710.44	523.77
Operating Income	770.86	-214.82	1,022	1,779	-120.19
Interest Expense	-222.8	-171.77	-86.67	-96.93	-113.15
Currency Exchange Gain (Loss)	-155.9	10.85	-43.44	2.87	-8.69
Other Non Operating Income (Expenses)	6.69	0.46	-3.24	2.56	5.3
EBT Excluding Unusual Items	398.86	-375.29	888.48	1,687	-236.73
Gain (Loss) on Sale of Assets	-1.22	-141.3	4.9	9.67	0.9
Asset Writedown	-	-	-	-	-2,360
Other Unusual Items	-24.35	-	-2.46	-1.85	-3.31
Pretax Income	373.29	-516.58	890.92	1,695	-2,599
Income Tax Expense	136.69	-283.23	35.31	81.24	-160.39
Net Income	236.6	-233.36	855.61	1,614	-2,439
Net Income to Common	236.6	-233.36	855.61	1,614	-2,439
Net Income Growth	-	-	-46.98%	-	-
Shares Outstanding (Basic)	803	705	558	564	561
Shares Outstanding (Diluted)	808	705	564	572	561
Shares Change (YoY)	14.59%	25.02%	-1.36%	1.95%	0.65%
EPS (Basic)	0.29	-0.33	1.53	2.86	-4.35
EPS (Diluted)	0.29	-0.33	1.52	2.82	-4.35
EPS Growth	-	-	-46.10%	-	-
Free Cash Flow	593.85	239.61	648.83	396.62	70.48
Free Cash Flow Per Share	0.73	0.34	1.15	0.69	0.13
Dividend Per Share	0.090	0.045	-	-	-
Dividend Growth	100.00%	-	-	-	-
Gross Margin	68.38%	65.57%	71.60%	69.85%	49.72%
Operating Margin	23.16%	-7.92%	43.93%	116.32%	-14.81%
Profit Margin	7.11%	-8.60%	36.78%	105.53%	-300.46%
Free Cash Flow Margin	17.84%	8.83%	27.89%	25.94%	8.68%
EBITDA	2,179	1,696	1,387	2,327	389.18
EBITDA Margin	65.45%	62.52%	59.63%	152.18%	47.94%
D&A For EBITDA	1,408	1,911	365.23	548.36	509.37
EBIT	770.86	-214.82	1,022	1,779	-120.19
EBIT Margin	23.16%	-7.92%	43.93%	116.32%	-14.81%
Effective Tax Rate	36.62%	-	3.96%	4.79%	-
Revenue as Reported	3,329	2,713	2,326	1,529	811.74

Updated Mar 4, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q