Baytex Energy (BTE)
Produces light and heavy oil across four Western Canadian operating areas.
$4.62
vs last close+0.04 (+0.92%)
In millions of USD, except per-share figures · converted from CAD at the latest rate
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 653 | 594 | 551 | 633 | 603 | 574 | 558 | 506 | 530 | −946 | 285 | 390 |
| Cost of revenue | 408 | 466 | 438 | 445 | 438 | 423 | 407 | 417 | 412 | −616 | 220 | 231 |
| Gross profit | 245 | 128 | 113 | 188 | 165 | 152 | 151 | 89 | 118 | −330 | 65 | 159 |
| 25 | 13 | 23 | 19 | 14 | 15 | 19 | 17 | 22 | −190 | 32 | 15 | |
| 25 | 13 | 23 | 19 | 14 | 15 | 19 | 17 | 22 | 7 | 32 | 15 | |
| General & administrative | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 7 | 0 | 0 |
| Other expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | −197 | 0 | 0 |
| Operating income | 220 | 114 | 90 | 169 | 151 | 137 | 133 | 72 | 95 | −140 | 33 | 144 |
| −95 | −680 | −87 | −74 | 2 | −121 | −69 | 52 | −62 | −189 | −107 | 15 | |
| Interest income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 5 | 3 |
| Interest expense | 33 | 42 | 40 | 44 | 38 | 13 | 24 | 32 | 31 | 67 | 3 | 3 |
| Other non-operating income | 0 | 638 | 48 | 31 | −39 | 108 | 44 | −84 | 31 | 17 | 104 | 0 |
| Income before tax | 125 | −566 | 2 | 94 | 152 | 15 | 64 | 124 | 33 | −329 | −74 | 159 |
| Income tax expense | 35 | −122 | 12 | 21 | 21 | 43 | 15 | 16 | 11 | 46 | −17 | 39 |
| Net income from continuing operations | 90 | −444 | −10 | 74 | 131 | −27 | 49 | 108 | 23 | −376 | −57 | 120 |
| Discontinued operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | −232 | 9 | 4 |
| Net income | 90 | −444 | −10 | 74 | 131 | −27 | 49 | 108 | 23 | −607 | −48 | 124 |
| EPS, basic | $0.11 | −$0.53 | −$0.01 | $0.09 | $0.16 | −$0.03 | $0.06 | $0.14 | $0.03 | −$0.79 | −$0.06 | $0.17 |
| EPS, diluted | $0.11 | −$0.53 | −$0.01 | $0.09 | $0.16 | −$0.03 | $0.06 | $0.14 | $0.03 | −$0.79 | −$0.06 | $0.17 |
| Weighted average shares, basic | 855 | 834 | 822 | 814 | 800 | 800 | 771 | 769 | 768 | 769 | 747 | 721 |
| Weighted average shares, diluted | 861 | 834 | 822 | 818 | 800 | 800 | 774 | 772 | 773 | 769 | 747 | 726 |
| EBITDA | 449 | −245 | 290 | 392 | 446 | 268 | 318 | 390 | 303 | −488 | 21 | 239 |
| Depreciation & amortization | 230 | 278 | 248 | 254 | 256 | 239 | 230 | 234 | 238 | −332 | 92 | 95 |
| EBIT | 220 | −523 | 42 | 138 | 190 | 29 | 88 | 156 | 65 | −157 | −71 | 144 |
