Baytex Historical Income Statement

BTE Stock

CAD 3.98 0.02 0.50%

Historical analysis of Baytex Energy income statement accounts such as Interest Expense of 180.4 M, Selling General Administrative of 45.9 M or Total Revenue of 2.8 B can show how well Baytex Energy Corp performed in making a profits. Evaluating Baytex Energy income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Baytex Energy's future profits or losses.

Cash Flow Balance Sheet Income Statement

Dot-com Bubble

Housing Crash

Credit Downgrade

Yuan Drop

Covid

Financial Statement Analysis is much more than just reviewing and examining Baytex Energy Corp latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Baytex Energy Corp is a good buy for the upcoming year.

Net Income Gross Profit

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.

About Baytex Income Statement Analysis

Baytex Energy Corp Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Baytex Energy shareholders. The income statement also shows Baytex investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Baytex Energy Income Statement Chart

At this time, Baytex Energy's Total Operating Expenses is very stable compared to the past year. As of the 30th of November 2024, Net Income Applicable To Common Shares is likely to grow to about 1 B, while Selling General Administrative is likely to drop about 45.9 M.

Selling General Administrative Total Revenue Other Operating Expenses Cost Of Revenue

Total Revenue

Total revenue comprises all receipts Baytex Energy Corp generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Baytex Energy Corp. It is also known as Baytex Energy overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Cost Of Revenue

Cost of Revenue is found on Baytex Energy Corp income statement and represents the costs associated with goods and services Baytex Energy provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.

Most accounts from Baytex Energy's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Baytex Energy Corp current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. 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.

	2021	2022	2023	2024 (projected)
Interest Expense	92.1M	80.4M	171.8M	180.4M
Depreciation And Amortization	477.0M	602.7M	1.0B	1.1B

Interest Expense Depreciation And Amortization

Baytex Energy income statement Correlations

	Depreciation And Amortization	Interest Expense	Selling General Administrative	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Ebit	Ebitda	Cost Of Revenue	Total Operating Expenses	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Net Income From Continuing Ops	Non Recurring	Tax Provision	Interest Income	Net Interest Income	Reconciled Depreciation	Selling And Marketing Expenses
Depreciation And Amortization		0.95	0.24	0.8	-0.06	0.94	-0.09	-0.18	0.05	0.95	-0.16	-0.22	-0.23	-0.14	-0.61	-0.16	-0.5	0.15	0.44	-0.72	0.74	-0.73
Interest Expense	0.95		0.11	0.66	-0.25	0.86	-0.23	-0.29	-0.07	0.89	-0.32	-0.33	-0.31	-0.24	-0.69	-0.26	-0.63	0.23	0.35	-0.69	0.64	-0.68
Selling General Administrative	0.24	0.11		0.35	0.46	0.18	0.46	0.16	0.26	0.14	0.61	0.15	0.02	0.14	0.15	0.09	0.08	-0.03	-0.01	0.15	0.05	0.16
Total Revenue	0.8	0.66	0.35		0.48	0.88	0.37	0.29	0.47	0.88	0.05	0.25	0.17	0.3	-0.14	0.28	-0.43	0.36	0.7	-0.48	0.65	-0.61
Gross Profit	-0.06	-0.25	0.46	0.48		0.09	0.75	0.7	0.69	0.01	0.64	0.7	0.59	0.64	0.75	0.62	0.21	0.17	0.44	0.21	-0.03	0.03
Other Operating Expenses	0.94	0.86	0.18	0.88	0.09		-0.04	-0.03	0.18	0.97	-0.09	-0.08	-0.07	0.01	-0.5	-0.01	-0.43	0.11	0.64	-0.8	0.79	-0.85
Operating Income	-0.09	-0.23	0.46	0.37	0.75	-0.04		0.65	0.66	0.01	0.24	0.65	0.44	0.64	0.47	0.63	0.02	0.38	0.34	0.52	-0.19	0.29
Ebit	-0.18	-0.29	0.16	0.29	0.7	-0.03	0.65		0.97	-0.05	0.24	1.0	0.96	0.99	0.64	0.99	0.04	0.36	0.41	0.27	-0.04	0.08
Ebitda	0.05	-0.07	0.26	0.47	0.69	0.18	0.66	0.97		0.16	0.19	0.96	0.91	0.97	0.51	0.96	-0.11	0.42	0.49	0.14	0.15	-0.03
Cost Of Revenue	0.95	0.89	0.14	0.88	0.01	0.97	0.01	-0.05	0.16		-0.28	-0.1	-0.12	-0.01	-0.57	-0.02	-0.59	0.31	0.57	-0.68	0.75	-0.74
Total Operating Expenses	-0.16	-0.32	0.61	0.05	0.64	-0.09	0.24	0.24	0.19	-0.28		0.25	0.22	0.18	0.56	0.14	0.63	-0.49	0.02	0.03	-0.2	0.03
Income Before Tax	-0.22	-0.33	0.15	0.25	0.7	-0.08	0.65	1.0	0.96	-0.1	0.25		0.97	0.99	0.67	0.99	0.07	0.34	0.38	0.3	-0.07	0.12
Total Other Income Expense Net	-0.23	-0.31	0.02	0.17	0.59	-0.07	0.44	0.96	0.91	-0.12	0.22	0.97		0.96	0.64	0.96	0.06	0.28	0.34	0.18	-0.01	0.04
Net Income	-0.14	-0.24	0.14	0.3	0.64	0.01	0.64	0.99	0.97	-0.01	0.18	0.99	0.96		0.56	1.0	0.01	0.36	0.43	0.24	-0.01	0.05
Income Tax Expense	-0.61	-0.69	0.15	-0.14	0.75	-0.5	0.47	0.64	0.51	-0.57	0.56	0.67	0.64	0.56		0.56	0.38	0.11	0.0	0.55	-0.41	0.46
Net Income From Continuing Ops	-0.16	-0.26	0.09	0.28	0.62	-0.01	0.63	0.99	0.96	-0.02	0.14	0.99	0.96	1.0	0.56		0.01	0.36	0.42	0.24	-0.01	0.05
Non Recurring	-0.5	-0.63	0.08	-0.43	0.21	-0.43	0.02	0.04	-0.11	-0.59	0.63	0.07	0.06	0.01	0.38	0.01		-0.76	-0.09	0.14	-0.42	0.14
Tax Provision	0.15	0.23	-0.03	0.36	0.17	0.11	0.38	0.36	0.42	0.31	-0.49	0.34	0.28	0.36	0.11	0.36	-0.76		0.09	0.34	0.03	0.2
Interest Income	0.44	0.35	-0.01	0.7	0.44	0.64	0.34	0.41	0.49	0.57	0.02	0.38	0.34	0.43	0.0	0.42	-0.09	0.09		-0.47	0.43	-0.61
Net Interest Income	-0.72	-0.69	0.15	-0.48	0.21	-0.8	0.52	0.27	0.14	-0.68	0.03	0.3	0.18	0.24	0.55	0.24	0.14	0.34	-0.47		-0.73	0.93
Reconciled Depreciation	0.74	0.64	0.05	0.65	-0.03	0.79	-0.19	-0.04	0.15	0.75	-0.2	-0.07	-0.01	-0.01	-0.41	-0.01	-0.42	0.03	0.43	-0.73		-0.59
Selling And Marketing Expenses	-0.73	-0.68	0.16	-0.61	0.03	-0.85	0.29	0.08	-0.03	-0.74	0.03	0.12	0.04	0.05	0.46	0.05	0.14	0.2	-0.61	0.93	-0.59

Click cells to compare fundamentals

Baytex Energy Account Relationship Matchups

Baytex Energy income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Depreciation And Amortization	745.4M	495.4M	477.0M	602.7M	1.0B	1.1B
Interest Expense	107.4M	106.5M	92.1M	80.4M	171.8M	180.4M
Selling General Administrative	61.4M	43.7M	51.9M	79.3M	69.8M	45.9M
Total Revenue	1.8B	975.5M	1.9B	2.9B	2.7B	2.8B
Gross Profit	243.5M	(82.8M)	603.5M	1.1B	199.5M	336.1M
Other Operating Expenses	1.6B	1.1B	1.3B	1.9B	3.4B	3.6B
Operating Income	159.5M	(150.8M)	521.7M	943.6M	11.9M	11.3M
Ebit	33.2M	(2.5B)	1.8B	977.6M	(324.4M)	(308.2M)
Ebitda	778.6M	(2.0B)	2.3B	1.6B	723.5M	366.2M
Cost Of Revenue	1.6B	1.1B	1.3B	1.8B	2.5B	2.6B
Total Operating Expenses	86.8M	66.7M	79.5M	125.2M	107.5M	186.8M
Income Before Tax	(78.9M)	(2.6B)	1.7B	890.9M	(516.6M)	(490.8M)
Total Other Income Expense Net	(235.6M)	(2.4B)	1.2B	(62.2M)	(528.5M)	(502.1M)
Net Income	(12.5M)	(2.4B)	1.6B	855.6M	(233.4M)	(221.7M)
Income Tax Expense	(66.5M)	(160.4M)	81.2M	35.3M	(283.2M)	(269.1M)
Net Income From Continuing Ops	(12.5M)	(2.4B)	1.6B	855.6M	(233.4M)	(245.0M)
Net Income Applicable To Common Shares	(12.5M)	(2.4B)	1.6B	855.6M	983.9M	1.0B
Tax Provision	(66.5M)	(160.4M)	81.2M	35.3M	(283.2M)	(297.4M)
Interest Income	52.8M	89.2M	377.1M	322.8M	371.3M	389.8M
Net Interest Income	(112.2M)	(116.5M)	(96.9M)	(86.7M)	(171.8M)	(180.4M)
Reconciled Depreciation	731.7M	486.4M	464.6M	587.1M	1.0B	684.9M

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:

How To Invest In Baytex

Details

Is Baytex Stock a good investment?

Details

What is Baytex Energy's Net Worth?

Details

Largest Oil & Gas Exploration & Production Companies

View

Largest Oil & Gas E&P Companies

View

You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.

Please note, there is a significant difference between Baytex Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Baytex Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Baytex Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Baytex Historical Income Statement

About Baytex Income Statement Analysis

Baytex Energy Income Statement Chart

Total Revenue

Other Operating Expenses

Cost Of Revenue

Baytex Energy income statement Correlations

Baytex Energy Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Baytex Energy income statement Accounts

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Income Before Tax	+ 1.0	Ebit
Net Income From Continuing Ops	+ 1.0	Net Income
Net Income	+ 0.99	Ebit
Net Income From Continuing Ops	+ 0.99	Ebit
Net Income	+ 0.99	Income Before Tax
Net Income From Continuing Ops	+ 0.99	Income Before Tax

Selling And Marketing Expenses	- 0.85	Other Operating Expenses
Net Interest Income	- 0.8	Other Operating Expenses
Tax Provision	- 0.76	Non Recurring
Selling And Marketing Expenses	- 0.74	Cost Of Revenue
Reconciled Depreciation	- 0.73	Net Interest Income
Selling And Marketing Expenses	- 0.73	Depreciation And Amortization