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.
 
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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.
  
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.

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.
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.
 2021 2022 2023 2024 (projected)
Interest Expense92.1M80.4M171.8M180.4M
Depreciation And Amortization477.0M602.7M1.0B1.1B

Baytex Energy income statement Correlations

0.950.240.8-0.060.94-0.09-0.180.050.95-0.16-0.22-0.23-0.14-0.61-0.16-0.50.150.44-0.720.74-0.73
0.950.110.66-0.250.86-0.23-0.29-0.070.89-0.32-0.33-0.31-0.24-0.69-0.26-0.630.230.35-0.690.64-0.68
0.240.110.350.460.180.460.160.260.140.610.150.020.140.150.090.08-0.03-0.010.150.050.16
0.80.660.350.480.880.370.290.470.880.050.250.170.3-0.140.28-0.430.360.7-0.480.65-0.61
-0.06-0.250.460.480.090.750.70.690.010.640.70.590.640.750.620.210.170.440.21-0.030.03
0.940.860.180.880.09-0.04-0.030.180.97-0.09-0.08-0.070.01-0.5-0.01-0.430.110.64-0.80.79-0.85
-0.09-0.230.460.370.75-0.040.650.660.010.240.650.440.640.470.630.020.380.340.52-0.190.29
-0.18-0.290.160.290.7-0.030.650.97-0.050.241.00.960.990.640.990.040.360.410.27-0.040.08
0.05-0.070.260.470.690.180.660.970.160.190.960.910.970.510.96-0.110.420.490.140.15-0.03
0.950.890.140.880.010.970.01-0.050.16-0.28-0.1-0.12-0.01-0.57-0.02-0.590.310.57-0.680.75-0.74
-0.16-0.320.610.050.64-0.090.240.240.19-0.280.250.220.180.560.140.63-0.490.020.03-0.20.03
-0.22-0.330.150.250.7-0.080.651.00.96-0.10.250.970.990.670.990.070.340.380.3-0.070.12
-0.23-0.310.020.170.59-0.070.440.960.91-0.120.220.970.960.640.960.060.280.340.18-0.010.04
-0.14-0.240.140.30.640.010.640.990.97-0.010.180.990.960.561.00.010.360.430.24-0.010.05
-0.61-0.690.15-0.140.75-0.50.470.640.51-0.570.560.670.640.560.560.380.110.00.55-0.410.46
-0.16-0.260.090.280.62-0.010.630.990.96-0.020.140.990.961.00.560.010.360.420.24-0.010.05
-0.5-0.630.08-0.430.21-0.430.020.04-0.11-0.590.630.070.060.010.380.01-0.76-0.090.14-0.420.14
0.150.23-0.030.360.170.110.380.360.420.31-0.490.340.280.360.110.36-0.760.090.340.030.2
0.440.35-0.010.70.440.640.340.410.490.570.020.380.340.430.00.42-0.090.09-0.470.43-0.61
-0.72-0.690.15-0.480.21-0.80.520.270.14-0.680.030.30.180.240.550.240.140.34-0.47-0.730.93
0.740.640.050.65-0.030.79-0.19-0.040.150.75-0.2-0.07-0.01-0.01-0.41-0.01-0.420.030.43-0.73-0.59
-0.73-0.680.16-0.610.03-0.850.290.08-0.03-0.740.030.120.040.050.460.050.140.2-0.610.93-0.59
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Baytex Energy Account Relationship Matchups

Baytex Energy income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization745.4M495.4M477.0M602.7M1.0B1.1B
Interest Expense107.4M106.5M92.1M80.4M171.8M180.4M
Selling General Administrative61.4M43.7M51.9M79.3M69.8M45.9M
Total Revenue1.8B975.5M1.9B2.9B2.7B2.8B
Gross Profit243.5M(82.8M)603.5M1.1B199.5M336.1M
Other Operating Expenses1.6B1.1B1.3B1.9B3.4B3.6B
Operating Income159.5M(150.8M)521.7M943.6M11.9M11.3M
Ebit33.2M(2.5B)1.8B977.6M(324.4M)(308.2M)
Ebitda778.6M(2.0B)2.3B1.6B723.5M366.2M
Cost Of Revenue1.6B1.1B1.3B1.8B2.5B2.6B
Total Operating Expenses86.8M66.7M79.5M125.2M107.5M186.8M
Income Before Tax(78.9M)(2.6B)1.7B890.9M(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)1.6B855.6M(233.4M)(221.7M)
Income Tax Expense(66.5M)(160.4M)81.2M35.3M(283.2M)(269.1M)
Net Income From Continuing Ops(12.5M)(2.4B)1.6B855.6M(233.4M)(245.0M)
Net Income Applicable To Common Shares(12.5M)(2.4B)1.6B855.6M983.9M1.0B
Tax Provision(66.5M)(160.4M)81.2M35.3M(283.2M)(297.4M)
Interest Income52.8M89.2M377.1M322.8M371.3M389.8M
Net Interest Income(112.2M)(116.5M)(96.9M)(86.7M)(171.8M)(180.4M)
Reconciled Depreciation731.7M486.4M464.6M587.1M1.0B684.9M
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:
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 Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
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.