Baytex Energy Corp
TSX:BTE

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Baytex Energy Corp
TSX:BTE
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Price: 3.28 CAD 1.86% Market Closed
Market Cap: 2.6B CAD
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Income Statement

Earnings Waterfall
Baytex Energy Corp

Revenue
3.4B CAD
Cost of Revenue
-673.1m CAD
Gross Profit
2.7B CAD
Operating Expenses
-1.9B CAD
Operating Income
738.8m CAD
Other Expenses
-1.1B CAD
Net Income
-350.8m CAD

Income Statement
Baytex Energy Corp

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Income Statement
Currency: CAD
Sep-2014 Dec-2014 Mar-2015 Jun-2015 Sep-2015 Dec-2015 Mar-2016 Jun-2016 Sep-2016 Dec-2016 Mar-2017 Jun-2017 Sep-2017 Dec-2017 Mar-2018 Jun-2018 Sep-2018 Dec-2018 Mar-2019 Jun-2019 Sep-2019 Dec-2019 Mar-2020 Jun-2020 Sep-2020 Dec-2020 Mar-2021 Jun-2021 Sep-2021 Dec-2021 Mar-2022 Jun-2022 Sep-2022 Dec-2022 Mar-2023 Jun-2023 Sep-2023 Dec-2023 Mar-2024 Jun-2024 Sep-2024
Revenue
Revenue
1 428
N/A
1 530
+7%
1 448
-5%
1 351
-7%
1 079
-20%
880
-18%
770
-13%
656
-15%
597
-9%
602
+1%
686
+14%
751
+9%
802
+7%
858
+7%
876
+2%
929
+6%
1 070
+15%
1 115
+4%
1 266
+14%
1 391
+10%
1 396
+0%
1 486
+6%
1 394
-6%
1 122
-20%
985
-12%
812
-18%
850
+5%
1 087
+28%
1 273
+17%
1 529
+20%
1 762
+15%
2 084
+18%
2 251
+8%
2 326
+3%
2 237
-4%
2 045
-9%
2 403
+17%
2 713
+13%
3 026
+12%
3 428
+13%
3 355
-2%
Gross Profit
Cost of Revenue
(313)
(354)
(379)
(384)
(363)
(320)
(302)
(275)
(254)
(241)
(235)
(251)
(259)
(269)
(271)
(270)
(284)
(312)
(346)
(376)
(396)
(398)
(402)
(375)
(351)
(331)
(307)
(317)
(327)
(343)
(363)
(388)
(414)
(423)
(434)
(446)
(510)
(571)
(632)
(680)
(673)
Gross Profit
1 115
N/A
1 176
+5%
1 069
-9%
967
-10%
716
-26%
560
-22%
468
-16%
381
-19%
343
-10%
361
+5%
451
+25%
500
+11%
543
+9%
589
+8%
605
+3%
659
+9%
787
+19%
804
+2%
920
+14%
1 015
+10%
1 000
-1%
1 088
+9%
992
-9%
747
-25%
633
-15%
480
-24%
542
+13%
770
+42%
945
+23%
1 186
+25%
1 399
+18%
1 696
+21%
1 837
+8%
1 903
+4%
1 803
-5%
1 599
-11%
1 893
+18%
2 142
+13%
2 394
+12%
2 747
+15%
2 682
-2%
Operating Income
Operating Expenses
(711)
(791)
(1 336)
(894)
(864)
(842)
(1 822)
(1 757)
(667)
(623)
(1 035)
(1 069)
(1 053)
(655)
(647)
(621)
(670)
(776)
(1 148)
(1 235)
(1 250)
(931)
(919)
(806)
(729)
(630)
(544)
(565)
(597)
(662)
809
(819)
(866)
(950)
(1 006)
(1 050)
(1 264)
(1 499)
(1 705)
(1 911)
(1 944)
Selling, General & Administrative
(236)
(229)
(210)
(196)
(174)
(165)
(142)
(117)
(112)
(103)
(110)
(133)
(144)
(156)
(162)
(157)
(165)
(171)
(181)
(189)
(179)
(174)
(168)
(140)
(131)
(121)
(114)
(134)
(146)
(170)
(199)
(241)
(270)
(317)
(349)
(366)
(410)
(422)
(449)
(477)
(473)
Research & Development
(19)
(18)
(10)
(8)
(8)
(9)
(8)
(8)
(7)
(6)
(6)
(8)
(7)
(8)
(9)
(7)
(7)
(22)
(22)
(25)
(26)
(12)
(10)
(7)
(14)
(14)
(15)
(16)
(14)
(15)
(18)
(22)
(22)
(30)
(27)
(20)
(14)
(9)
(9)
(9)
(9)
Depreciation & Amortization
(450)
(537)
(622)
(684)
(675)
(662)
(630)
(590)
(546)
(508)
(489)
(498)
(498)
(482)
(468)
(449)
(476)
(559)
(636)
(710)
(746)
(732)
(728)
(646)
(573)
(486)
(407)
(406)
(426)
(465)
(503)
(543)
(560)
(587)
(612)
(646)
(822)
(1 048)
(1 226)
(1 403)
(1 440)
Other Operating Expenses
(7)
(7)
(495)
(7)
(8)
(6)
(1 043)
(1 043)
(3)
(6)
(430)
(431)
(404)
(9)
(9)
(9)
(23)
(24)
(310)
(312)
(299)
(14)
(13)
(12)
(10)
(9)
(8)
(10)
(11)
(12)
1 529
(14)
(15)
(16)
(17)
(18)
(19)
(20)
(21)
(22)
(22)
Operating Income
404
N/A
385
-5%
(267)
N/A
73
N/A
(148)
N/A
(282)
-90%
(1 354)
-380%
(1 377)
-2%
(324)
+76%
(262)
+19%
(584)
-123%
(569)
+2%
(510)
+10%
(66)
+87%
(43)
+36%
37
N/A
117
+215%
28
-76%
(228)
N/A
(221)
+3%
(250)
-13%
157
N/A
72
-54%
(59)
N/A
(95)
-61%
(150)
-57%
(2)
+99%
206
N/A
348
+69%
524
+50%
2 209
+322%
877
-60%
971
+11%
953
-2%
797
-16%
549
-31%
629
+15%
643
+2%
689
+7%
837
+21%
739
-12%
Pre-Tax Income
Interest Income Expense
(59)
54
(49)
(15)
(69)
(171)
13
(59)
(21)
(104)
(158)
(50)
(39)
(8)
(118)
(268)
(304)
(169)
(116)
36
59
(53)
(27)
(88)
(92)
(89)
(209)
(316)
(393)
(377)
(495)
(464)
(316)
(323)
(80)
14
(169)
(124)
(241)
(287)
(162)
Non-Reccuring Items
(37)
(488)
0
(451)
(944)
(1 039)
0
0
(572)
(423)
0
0
0
0
0
0
0
(285)
0
0
0
(188)
(2 904)
(2 904)
(2 904)
(2 360)
356
1 483
1 483
1 542
0
416
416
268
259
226
224
(883)
(875)
(843)
(840)
Gain/Loss on Disposition of Assets
46
50
48
30
3
(2)
0
0
44
44
44
44
(6)
12
14
14
20
2
0
1
1
2
2
1
1
1
5
5
7
10
6
6
9
5
4
4
0
(141)
(138)
(145)
(147)
Total Other Income
0
0
0
0
0
7
6
4
(7)
(13)
(13)
(14)
(4)
(7)
(6)
(5)
(4)
(3)
(0)
1
1
3
(1)
(3)
(2)
(1)
2
2
0
(4)
(4)
(8)
(12)
(12)
(12)
(10)
(9)
(11)
(16)
(47)
(36)
Pre-Tax Income
354
N/A
2
-100%
(267)
N/A
(364)
-36%
(1 159)
-219%
(1 487)
-28%
(1 335)
+10%
(1 432)
-7%
(880)
+39%
(758)
+14%
(711)
+6%
(590)
+17%
(559)
+5%
(69)
+88%
(153)
-121%
(222)
-45%
(171)
+23%
(427)
-150%
(344)
+19%
(183)
+47%
(189)
-3%
(79)
+58%
(2 857)
-3 521%
(3 053)
-7%
(3 092)
-1%
(2 599)
+16%
152
N/A
1 379
+808%
1 445
+5%
1 695
+17%
1 715
+1%
828
-52%
1 068
+29%
891
-17%
969
+9%
783
-19%
675
-14%
(517)
N/A
(581)
-13%
(485)
+17%
(446)
+8%
Net Income
Tax Provision
(94)
(134)
(89)
(57)
76
344
369
405
333
273
236
211
211
65
74
75
61
102
93
69
63
67
335
313
314
160
(128)
(163)
(173)
(81)
(9)
6
(2)
(35)
(118)
100
70
283
282
76
95
Income from Continuing Operations
260
(133)
(357)
(420)
(1 083)
(1 143)
(967)
(1 026)
(548)
(485)
(475)
(378)
(348)
(5)
(78)
(147)
(110)
(325)
(251)
(114)
(126)
(13)
(2 522)
(2 739)
(2 778)
(2 439)
24
1 215
1 272
1 614
1 706
834
1 066
856
850
883
745
(233)
(299)
(409)
(351)
Net Income (Common)
260
N/A
(133)
N/A
(357)
-168%
(420)
-18%
(1 083)
-158%
(1 143)
-6%
(967)
+15%
(1 026)
-6%
(548)
+47%
(485)
+11%
(475)
+2%
(378)
+20%
(348)
+8%
87
N/A
13
-85%
(55)
N/A
(18)
+67%
(325)
-1 697%
(251)
+23%
(114)
+55%
(126)
-11%
(13)
+90%
(2 522)
-20 076%
(2 739)
-9%
(2 778)
-1%
(2 439)
+12%
24
N/A
1 215
+4 985%
1 272
+5%
1 614
+27%
1 706
+6%
834
-51%
1 066
+28%
856
-20%
850
-1%
883
+4%
745
-16%
(233)
N/A
(299)
-28%
(409)
-37%
(351)
+14%
EPS (Diluted)
1.55
N/A
-0.89
N/A
-2.11
-137%
-2.04
+3%
-5.2
-155%
-5.77
-11%
-4.58
+21%
-4.87
-6%
-2.61
+46%
-2.29
+12%
-2
+13%
-1.59
+21%
-1.47
+8%
0.36
N/A
0.05
-86%
-0.23
N/A
-0.04
+83%
-0.93
-2 225%
-0.44
+53%
-0.19
+57%
-0.23
-21%
-0.02
+91%
-4.5
-22 400%
-4.89
-9%
-4.96
-1%
-4.35
+12%
0.04
N/A
2.14
+5 250%
2.23
+4%
2.82
+26%
2.98
+6%
1.45
-51%
1.9
+31%
1.52
-20%
1.55
+2%
1.5
-3%
0.86
-43%
-0.33
N/A
-0.36
-9%
-0.49
-36%
-0.43
+12%

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