Baytex Energy (BTE) financial statements
Baytex Energy reported revenue of 1.5B CAD in fiscal 2025, up 10.5% a year over 9 years.
Net income was -604M CAD.
The diluted share count rose 262% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions (CAD).
Income statement
Fiscal years, in CAD, from Baytex Energy's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 602M CAD | 858M CAD | 1.1B CAD | 1.5B CAD | 812M CAD | 1.5B CAD | 2.3B CAD | 2.7B CAD | 1.6B CAD | 1.5B CAD |
| Selling, general and admin | 51M CAD | 47M CAD | 46M CAD | 45M CAD | 34M CAD | 41M CAD | 50M CAD | 70M CAD | 58M CAD | 68M CAD |
| Interest expense | 114M CAD | 114M CAD | 119M CAD | 126M CAD | 107M CAD | 92M CAD | 80M CAD | 160M CAD | 189M CAD | 161M CAD |
| Pre-tax income | -758M CAD | -69M CAD | -427M CAD | -79M CAD | -2.6B CAD | 1.7B CAD | 891M CAD | -517M CAD | -17M CAD | -153M CAD |
| Income tax | -273M CAD | -156M CAD | -102M CAD | -66M CAD | -160M CAD | 81M CAD | 35M CAD | -283M CAD | 81M CAD | 124M CAD |
| Net income | -485M CAD | 87M CAD | -325M CAD | -12M CAD | -2.4B CAD | 1.6B CAD | 856M CAD | -233M CAD | 237M CAD | -604M CAD |
| EPS (diluted) | -2.29 CAD | 0.37 CAD | -0.93 CAD | -0.02 CAD | -4.35 CAD | 2.82 CAD | 1.52 CAD | -0.33 CAD | 0.29 CAD | -0.78 CAD |
| Diluted shares | 212M | 237M | 352M | 557M | 561M | 572M | 564M | 705M | 808M | 769M |
| Net margin | -80.6% | 10.2% | -29.2% | -0.8% | -300.5% | 105.5% | 36.8% | -8.6% | 14.7% | -40.8% |
Balance sheet
Fiscal years, in CAD, from Baytex Energy's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | 3M CAD | 0 CAD | 0 CAD | 6M CAD | 0 CAD | 0 CAD | 5M CAD | 56M CAD | 17M CAD | 953M CAD |
| Receivables | 112M CAD | 113M CAD | 112M CAD | 174M CAD | 107M CAD | 173M CAD | 222M CAD | 339M CAD | 387M CAD | 135M CAD |
| Total current assets | 117M CAD | 131M CAD | 191M CAD | 185M CAD | 113M CAD | 182M CAD | 244M CAD | 440M CAD | 450M CAD | 1.2B CAD |
| Total assets | 4.6B CAD | 4.4B CAD | 6.4B CAD | 5.9B CAD | 3.4B CAD | 4.8B CAD | 5.1B CAD | 7.5B CAD | 7.8B CAD | 3.3B CAD |
| Total current liabilities | 151M CAD | 197M CAD | 260M CAD | 233M CAD | 199M CAD | 339M CAD | 289M CAD | 558M CAD | 574M CAD | 330M CAD |
| Total liabilities | 2.6B CAD | 2.5B CAD | 3.3B CAD | 3.0B CAD | 2.8B CAD | 2.6B CAD | 2.1B CAD | 3.6B CAD | 3.6B CAD | 956M CAD |
| Shareholders' equity | 2.0B CAD | 1.9B CAD | 3.1B CAD | 2.9B CAD | 578M CAD | 2.2B CAD | 3.0B CAD | 3.8B CAD | 4.2B CAD | 2.4B CAD |
| Net debt | -3M CAD | 0 CAD | 0 CAD | -6M CAD | 0 CAD | 0 CAD | -5M CAD | -56M CAD | -17M CAD | -953M CAD |
Cash flow
Fiscal years, in CAD, from Baytex Energy's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 247M CAD | 325M CAD | 485M CAD | 835M CAD | 353M CAD | 712M CAD | 1.2B CAD | 1.3B CAD | 1.9B CAD | 1.5B CAD |
| Dividends paid | — | — | — | — | — | — | 0 CAD | 38M CAD | 72M CAD | 69M CAD |
| Share buybacks (net) | — | — | — | — | — | 0 CAD | -159M CAD | -222M CAD | -222M CAD | -29M CAD |
| Net borrowing | -63M CAD | 33M CAD | -21M CAD | -8M CAD | 795M CAD | 0 CAD | 0 CAD | 1.0B CAD | 781M CAD | 0 CAD |
| Dividends per share | — | — | — | — | — | — | — | 0.05 CAD | 0.09 CAD | 0.09 CAD |
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What was Baytex Energy's revenue in 2025?
1.5B CAD in fiscal 2025, from its 10-K filing.
From Baytex Energy's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.