Baytex Energy Corp Stock Net Income
BTE Stock | CAD 3.98 0.02 0.50% |
Baytex Energy Corp fundamentals help investors to digest information that contributes to Baytex Energy's financial success or failures. It also enables traders to predict the movement of Baytex Stock. The fundamental analysis module provides a way to measure Baytex Energy's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Baytex Energy stock.
Last Reported | Projected for Next Year | ||
Net Loss | -233.4 M | -221.7 M | |
Net Loss | -233.4 M | -245 M | |
Net Income Applicable To Common Shares | 983.9 M | 1 B | |
Net Loss | (0.33) | (0.31) | |
Net Income Per E B T | 0.45 | 0.47 |
Baytex | Net Income |
Baytex Energy Corp Company Net Income Analysis
Baytex Energy's Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Current Baytex Energy Net Income | (233.36 M) |
Most of Baytex Energy's fundamental indicators, such as Net Income, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Baytex Energy Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Baytex Net Income Driver Correlations
Understanding the fundamental principles of building solid financial models for Baytex Energy is extremely important. It helps to project a fair market value of Baytex Stock properly, considering its historical fundamentals such as Net Income. Since Baytex Energy's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Baytex Energy's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Baytex Energy's interrelated accounts and indicators.
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Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Competition |
Baytex Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Income |
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Based on the recorded statements, Baytex Energy Corp reported net income of (233.36 Million). This is 110.27% lower than that of the Oil, Gas & Consumable Fuels sector and 167.81% lower than that of the Energy industry. The net income for all Canada stocks is 140.87% higher than that of the company.
Baytex Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Baytex Energy's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Baytex Energy could also be used in its relative valuation, which is a method of valuing Baytex Energy by comparing valuation metrics of similar companies.Baytex Energy is currently under evaluation in net income category among its peers.
Baytex Energy Current Valuation Drivers
We derive many important indicators used in calculating different scores of Baytex Energy from analyzing Baytex Energy's financial statements. These drivers represent accounts that assess Baytex Energy's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Baytex Energy's important valuation drivers and their relationship over time.
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Market Cap | 1.0B | 383.3M | 2.2B | 3.4B | 3.1B | 1.7B | |
Enterprise Value | 2.9B | 2.2B | 3.6B | 4.3B | 5.5B | 5.8B |
Baytex Fundamentals
Return On Equity | -0.0805 | ||||
Return On Asset | -0.0042 | ||||
Profit Margin | (0.10) % | ||||
Operating Margin | 0.28 % | ||||
Current Valuation | 5.4 B | ||||
Shares Outstanding | 787.33 M | ||||
Shares Owned By Insiders | 0.83 % | ||||
Shares Owned By Institutions | 41.04 % | ||||
Number Of Shares Shorted | 15.88 M | ||||
Price To Earning | 158.37 X | ||||
Price To Book | 0.79 X | ||||
Price To Sales | 0.93 X | ||||
Revenue | 2.71 B | ||||
Gross Profit | 1.67 B | ||||
EBITDA | 723.5 M | ||||
Net Income | (233.36 M) | ||||
Cash And Equivalents | 45.16 M | ||||
Cash Per Share | 0.08 X | ||||
Total Debt | 2.44 B | ||||
Debt To Equity | 0.47 % | ||||
Current Ratio | 0.62 X | ||||
Book Value Per Share | 5.05 X | ||||
Cash Flow From Operations | 1.3 B | ||||
Short Ratio | 3.32 X | ||||
Earnings Per Share | (0.58) X | ||||
Price To Earnings To Growth | (0.36) X | ||||
Target Price | 5.95 | ||||
Beta | 2.57 | ||||
Market Capitalization | 3.13 B | ||||
Total Asset | 7.46 B | ||||
Retained Earnings | (3.59 B) | ||||
Working Capital | (118 M) | ||||
Current Asset | 204.91 M | ||||
Current Liabilities | 267.84 M | ||||
Annual Yield | 0.02 % | ||||
Five Year Return | 10.05 % | ||||
Net Asset | 7.46 B | ||||
Last Dividend Paid | 0.09 |
About Baytex Energy Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Baytex Energy Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Baytex Energy using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Baytex Energy Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
When determining whether Baytex Energy Corp is a strong investment it is important to analyze Baytex Energy's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Baytex Energy's future performance. For an informed investment choice regarding Baytex Stock, refer to the following important reports: Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Baytex Energy Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.