Baytex Gross Profit from 2010 to 2024

BTE Stock  USD 3.02  0.02  0.67%   
Baytex Energy's Gross Profit is increasing over the years with slightly volatile fluctuation. Overall, Gross Profit is expected to go to about 912.7 M this year. Gross Profit is the profit Baytex Energy Corp makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. View All Fundamentals
 
Gross Profit  
First Reported
1996-03-31
Previous Quarter
264.8 M
Current Value
275.4 M
Quarterly Volatility
93.3 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Baytex Energy financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Baytex Energy's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.1 B, Interest Expense of 180.4 M or Selling General Administrative of 45.9 M, as well as many indicators such as Price To Sales Ratio of 0.87, Dividend Yield of 0.0104 or PTB Ratio of 0.77. Baytex financial statements analysis is a perfect complement when working with Baytex Energy Valuation or Volatility modules.
  
Check out the analysis of Baytex Energy Correlation against competitors.

Latest Baytex Energy's Gross Profit Growth Pattern

Below is the plot of the Gross Profit of Baytex Energy Corp over the last few years. Gross profit is a required income statement account that reflects total revenue of Baytex Energy Corp minus its cost of goods sold. It is profit before Baytex Energy operating expenses, interest payments and taxes. Gross profit is also known as gross margin. It is the profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. Baytex Energy's Gross Profit historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Baytex Energy's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 1.67 B10 Years Trend
Slightly volatile
   Gross Profit   
       Timeline  

Baytex Gross Profit Regression Statistics

Arithmetic Mean403,934,347
Coefficient Of Variation106.98
Mean Deviation382,533,257
Median519,912,000
Standard Deviation432,144,801
Sample Variance186749.1T
Range1.3B
R-Value0.33
Mean Square Error179841.6T
R-Squared0.11
Significance0.24
Slope31,427,205
Total Sum of Squares2614487.8T

Baytex Gross Profit History

2024912.7 M
2023869.3 M
20221.1 B
2021603.5 M
2020-82.8 M
2019243.5 M
2018139.1 M

Other Fundumenentals of Baytex Energy Corp

Baytex Energy Gross Profit component correlations

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0.950.75-0.40.80.740.790.74-0.20.880.730.770.68-0.27-0.12-0.460.390.55-0.35
0.910.75-0.670.680.50.980.56-0.290.670.950.850.66-0.35-0.05-0.490.10.54-0.39
-0.55-0.4-0.67-0.19-0.21-0.65-0.060.29-0.56-0.75-0.89-0.650.24-0.270.290.48-0.20.52
0.810.80.68-0.190.880.740.97-0.040.550.580.540.28-0.12-0.18-0.320.370.74-0.42
0.680.740.5-0.210.880.550.9-0.060.590.470.530.19-0.040.01-0.010.310.75-0.53
0.940.790.98-0.650.740.550.64-0.250.670.880.850.68-0.39-0.04-0.470.060.47-0.39
0.730.740.56-0.060.970.90.640.060.50.430.430.16-0.1-0.13-0.140.390.67-0.37
-0.24-0.2-0.290.29-0.04-0.06-0.250.06-0.1-0.28-0.29-0.26-0.06-0.080.180.07-0.070.13
0.820.880.67-0.560.550.590.670.5-0.10.720.830.67-0.19-0.1-0.340.220.49-0.41
0.850.730.95-0.750.580.470.880.43-0.280.720.890.7-0.3-0.03-0.560.10.6-0.45
0.860.770.85-0.890.540.530.850.43-0.290.830.890.76-0.280.11-0.42-0.150.44-0.55
0.720.680.66-0.650.280.190.680.16-0.260.670.70.76-0.60.05-0.530.120.07-0.13
-0.34-0.27-0.350.24-0.12-0.04-0.39-0.1-0.06-0.19-0.3-0.28-0.60.190.32-0.090.21-0.21
-0.08-0.12-0.05-0.27-0.180.01-0.04-0.13-0.08-0.1-0.030.110.050.190.53-0.24-0.08-0.17
-0.49-0.46-0.490.29-0.32-0.01-0.47-0.140.18-0.34-0.56-0.42-0.530.320.53-0.1-0.170.04
0.240.390.10.480.370.310.060.390.070.220.1-0.150.12-0.09-0.24-0.10.460.17
0.540.550.54-0.20.740.750.470.67-0.070.490.60.440.070.21-0.08-0.170.46-0.62
-0.39-0.35-0.390.52-0.42-0.53-0.39-0.370.13-0.41-0.45-0.55-0.13-0.21-0.170.040.17-0.62
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About Baytex Energy Financial Statements

Baytex Energy stakeholders use historical fundamental indicators, such as Baytex Energy's Gross Profit, to determine how well the company is positioned to perform in the future. Although Baytex Energy investors may analyze each financial statement separately, they are all interrelated. For example, changes in Baytex Energy's assets and liabilities are reflected in the revenues and expenses on Baytex Energy's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Baytex Energy Corp. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Gross Profit869.3 M912.7 M
Gross Profit Margin 0.26  0.24 

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When determining whether Baytex Energy Corp is a strong investment it is important to analyze Baytex Energy's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Baytex Energy's future performance. For an informed investment choice regarding Baytex Stock, refer to the following important reports:
Check out the analysis of Baytex Energy Correlation against competitors.
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Is Oil & Gas Exploration & Production space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Baytex Energy. If investors know Baytex will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Baytex Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.544
Dividend Share
0.09
Earnings Share
(0.41)
Revenue Per Share
4.112
Quarterly Revenue Growth
(0.08)
The market value of Baytex Energy Corp is measured differently than its book value, which is the value of Baytex that is recorded on the company's balance sheet. Investors also form their own opinion of Baytex Energy's value that differs from its market value or its book value, called intrinsic value, which is Baytex Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Baytex Energy's market value can be influenced by many factors that don't directly affect Baytex Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Baytex Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Baytex Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Baytex Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.