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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Gross Margin
Baytex Energy Corp

79.9%
Current
79%
Average
34.2%
Industry

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
79.9%
=
Gross Profit
2.7B
/
Revenue
3.4B

Gross Margin Across Competitors

Country CA
Market Cap 2.6B CAD
Gross Margin
80%
Country MY
Market Cap 5.2T MYR
Gross Margin
92%
Country US
Market Cap 123B USD
Gross Margin
47%
Country CN
Market Cap 773.1B CNY
Gross Margin
48%
Country US
Market Cap 67.2B USD
Gross Margin
62%
Country CA
Market Cap 89.8B CAD
Gross Margin
50%
Country US
Market Cap 46B USD
Gross Margin
51%
Country US
Market Cap 45.4B USD
Gross Margin
72%
Country US
Market Cap 39.5B USD
Gross Margin
76%
Country AU
Market Cap 45.4B AUD
Gross Margin
45%
Country US
Market Cap 25.8B EUR
Gross Margin
92%
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Baytex Energy Corp
Glance View

Market Cap
2.6B CAD
Industry
Energy

Baytex Energy Corp. emerged as a compelling player in the North American energy landscape, rooted in the transformative boom of the oil sands and shale gas development. Originally founded in the early 1990s, Baytex evolved with a focus on the acquisition, development, and production of oil and natural gas in key resource plays across Alberta and Saskatchewan in Canada, as well as Texas in the United States. Its portfolio uniquely positions the company across diverse assets, with Canadian operations traditionally centered on heavy oil production while the U.S. operations capitalize on the prolific Eagle Ford shale formation, known for its high-quality light oil and natural gas liquids. This dual-geography strategy underpins Baytex’s operational flexibility and resilience, navigating fluctuating commodity prices through a balanced production mix and strategic hedging. The company generates revenue by selling crude oil, natural gas, and natural gas liquids, primarily to producers, processors, and marketers within the energy ecosystem. By leveraging advanced extraction technologies and strategic capital investments, Baytex optimizes resource recovery and reduces operational costs. It aims to maintain competitive production metrics and diversify its asset base to bolster financial stability. Baytex also emphasizes disciplined capital allocation and debt management, striving to return value to shareholders. Such efforts include focusing on free cash flow generation and periodically reviewing its portfolio to ensure alignment with market opportunities and long-term sustainability goals. In essence, Baytex maneuvers through the complexities of the energy markets by aligning its operations with strategic production targets and effective financial oversight, ensuring its standing as a robust mid-tier energy producer.

BTE Intrinsic Value
4.81 CAD
Undervaluation 32%
Intrinsic Value
Price

See Also

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What is Gross Margin?

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
79.9%
=
Gross Profit
2.7B
/
Revenue
3.4B
What is the Gross Margin of Baytex Energy Corp?

Based on Baytex Energy Corp's most recent financial statements, the company has Gross Margin of 79.9%.