Baytex Energy Corp.
Baytex Energy Corp. (BTE) Financial Performance & Income Statement Overview
Review Baytex Energy Corp. (BTE) income statement, balance sheet, and cash flow reports with annual and quarterly breakdowns.
Baytex Energy Corp. (BTE) Income Statement & Financial Overview
Access detailed annual and quarterly income data for Baytex Energy Corp. BTE financial performance.
| Metric | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 |
|---|---|---|---|---|
| Revenue | $999.13M | $1.02B | $850.82M | $892.68M |
| Cost of Revenue | $748.38M | $764.80M | $255.90M | $627.91M |
| Gross Profit | $250.75M | $252.22M | $594.92M | $264.77M |
| Gross Profit Ratio | $0.25 | $0.25 | $0.70 | $0.30 |
| R&D Expenses | $0.00 | $0.00 | $0.00 | $0.00 |
| SG&A Expenses | $26.37M | $20.91M | $20.20M | $26.57M |
| Operating Expenses | $62.64M | $59.37M | $20.20M | $26.57M |
| Total Costs & Expenses | $811.02M | $824.17M | $276.10M | $654.48M |
| Interest Income | $0.00 | $0.00 | $0.00 | $0.00 |
| Interest Expense | $46.79M | $48.77M | $53.18M | $61.81M |
| Depreciation & Amortization | $319.92M | $332.29M | $356.38M | $353.10M |
| EBITDA | $457.06M | $402.68M | $621.54M | $540.23M |
| EBITDA Ratio | $0.46 | $0.40 | $0.73 | $0.61 |
| Operating Income | $188.11M | $192.85M | $574.72M | $238.20M |
| Operating Income Ratio | $0.19 | $0.19 | $0.68 | $0.27 |
| Other Income/Expenses (Net) | -$97.76M | -$171.23M | -$359.67M | -$105.02M |
| Income Before Tax | $90.35M | $21.62M | $215.05M | $133.18M |
| Income Before Tax Ratio | $0.09 | $0.02 | $0.25 | $0.15 |
| Income Tax Expense | $20.76M | $60.10M | $29.83M | $29.29M |
| Net Income | $69.59M | -$38.48M | $185.22M | $103.90M |
| Net Income Ratio | $0.07 | -$0.04 | $0.22 | $0.12 |
| EPS | $0.09 | -$0.05 | $0.23 | $0.13 |
| Diluted EPS | $0.09 | -$0.05 | $0.23 | $0.13 |
| Weighted Avg Shares Outstanding | $771.44M | $805.30M | $805.30M | $814.15M |
| Weighted Avg Shares Outstanding (Diluted) | $774.26M | $800.22M | $800.22M | $818.02M |
Over the last four quarters, Baytex Energy Corp. achieved steady financial progress, growing revenue from $892.68M in Q2 2024 to $999.13M in Q1 2025. Gross profit stayed firm with margins at 25% in Q1 2025 versus 30% in Q2 2024. Operating income totaled $188.11M in Q1 2025, maintaining a 19% margin over recent quarters. Despite shifts in R&D and SG&A costs, EBITDA stayed strong at $457.06M. Net income rose to $69.59M, with EPS at $0.09. Disciplined expense strategies and efficient operations ensured sustained profitability and long-term financial stability.
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