Baytex Energy Financials

BTE Stock  USD 2.64  0.11  4.00%   
Based on the key measurements obtained from Baytex Energy's financial statements, Baytex Energy Corp is not in a good financial situation at this time. It has a very high risk of going through financial distress in February. At present, Baytex Energy's Short and Long Term Debt Total is projected to increase significantly based on the last few years of reporting. The current year's Other Current Liabilities is expected to grow to about 81.3 M, whereas Other Stockholder Equity is forecasted to decline to about 165.1 M. Key indicators impacting Baytex Energy's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio0.590.57
Sufficiently Up
Pretty Stable
Current Ratio0.810.91
Fairly Down
Pretty Stable
Investors should never underestimate Baytex Energy's ability to pay suppliers on time, ensure interest payments are not accumulating, and correctly time where and how to reinvest extra cash. Individual investors need to monitor Baytex Energy's cash flow, debt, and profitability to make informed and accurate decisions about investing in Baytex Energy Corp.

Net Income

(199.52 Million)

  
Understanding current and past Baytex Energy Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Baytex Energy's financial statements are interrelated, with each one affecting the others. For example, an increase in Baytex Energy's assets may result in an increase in income on the income statement.
Please note, the presentation of Baytex Energy's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Baytex Energy's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Baytex Energy's management manipulating its earnings.

Baytex Energy Stock Summary

Baytex Energy competes with Vermilion Energy, Obsidian Energy, Canadian Natural, Ovintiv, and Magnolia Oil. Baytex Energy Corp., an oil and gas company, acquires, develops, and produces oil and natural gas in the Western Canadian Sedimentary Basin and in the Eagle Ford in the United States. Baytex Energy Corp. was founded in 1993 and is headquartered in Calgary, Canada. Baytex Energy operates under Oil Gas EP classification in the United States and is traded on New York Stock Exchange. It employs 231 people.
Foreign Associate
  Canada
Specialization
Energy, Oil & Gas E&P
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
ISINCA07317Q1054
CUSIP07317Q105 073176109
LocationAlberta; Canada
Business AddressCentennial Place, East
SectorOil, Gas & Consumable Fuels
IndustryEnergy
BenchmarkDow Jones Industrial
Websitewww.baytexenergy.com
Phone587 952 3000
CurrencyUSD - US Dollar

Baytex Energy Key Financial Ratios

Baytex Energy Key Balance Sheet Accounts

202020212022202320242025 (projected)
Total Assets3.4B4.8B5.1B7.5B8.6B9.0B
Other Current Liab6.4M117.1M57.7M67.3M77.4M81.3M
Net Debt1.8B1.4B931.7M2.4B2.7B2.9B
Retained Earnings(5.8B)(4.2B)(3.3B)(3.6B)(3.2B)(3.1B)
Accounts Payable156.0M190.7M227.3M477.3M548.9M576.3M
Net Receivables107.5M173.4M200.9M338.4M389.2M408.6M
Total Liab2.8B2.6B2.1B3.6B4.2B4.4B
Total Current Assets112.5M182.1M244.1M440.0M506.0M531.3M
Short Term Debt8.6M5.9M3.5M13.4M12.1M11.4M
Cash(11.1M)(7.8M)5.5M55.8M64.2M67.4M
Other Current Assets5.1M8.7M37.7M45.8M52.7M39.0M
Other Liab891.7M842.2M900.1M851.2M978.9M1.0B
Net Tangible Assets2.9B578.2M2.2B3.0B3.5B3.7B
Long Term Debt1.8B1.4B930.6M2.4B2.8B2.9B
Common Stock5.7B5.7B5.5B6.5B7.5B7.9B
Net Invested Capital2.4B3.6B4.0B6.2B7.2B4.6B

Baytex Energy Key Income Statement Accounts

202020212022202320242025 (projected)
Interest Expense106.5M92.1M80.4M171.8M197.5M207.4M
Total Revenue975.5M1.9B2.9B3.4B3.9B4.1B
Gross Profit(82.8M)603.5M1.1B869.3M999.7M1.0B
Operating Income(150.8M)521.7M943.6M643.2M739.7M776.6M
Ebit(159.8M)509.3M955.6M(356.8M)(410.3M)(389.8M)
Ebitda335.5M986.3M1.6B691.1M794.8M510.0M
Cost Of Revenue1.1B1.3B1.8B2.5B2.9B3.0B
Income Before Tax(2.6B)1.7B890.9M(516.6M)(464.9M)(441.7M)
Net Income(2.4B)1.6B855.6M(233.4M)(210.0M)(199.5M)
Income Tax Expense(160.4M)81.2M35.3M(283.2M)(254.9M)(242.2M)
Tax Provision(160.4M)81.2M35.3M(70.1M)(80.6M)(84.6M)
Net Interest Income(113.2M)(96.9M)(86.7M)(133.4M)(120.0M)(126.0M)

Baytex Energy Key Cash Accounts

202020212022202320242025 (projected)
Change In Cash5.6M(5.6M)5.5M50.4M57.9M60.8M
Free Cash Flow70.5M396.6M648.8M239.6M275.6M289.3M
Depreciation2.9B(985.8M)587.1M2.0B2.3B2.4B
Other Non Cash Items23.6M24.8M(330.7M)(7.9M)(9.1M)(8.6M)
Capital Expenditures282.6M315.8M524.0M1.1B1.2B1.3B
Net Income(2.4B)1.6B855.6M(233.4M)(210.0M)(199.5M)
Investments(314.5M)(310.8M)(489.0M)(1.5B)(1.4B)(1.3B)
Net Borrowings(211.9M)(44.2M)(401.6M)(517.3M)(465.6M)(442.3M)
Change To Netincome(45.5M)2.2B170.7M(80.3M)(92.4M)(87.7M)

Baytex Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Baytex Energy's current stock value. Our valuation model uses many indicators to compare Baytex Energy value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Baytex Energy competition to find correlations between indicators driving Baytex Energy's intrinsic value. More Info.
Baytex Energy Corp is rated below average in return on equity category among its peers. It also is rated below average in return on asset category among its peers . At present, Baytex Energy's Return On Equity is projected to slightly decrease based on the last few years of reporting. Comparative valuation analysis is a catch-all technique that is used if you cannot value Baytex Energy by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Baytex Energy Corp Systematic Risk

Baytex Energy's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Baytex Energy volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
Execute Function
The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of sixty. The Beta measures systematic risk based on how returns on Baytex Energy Corp correlated with the market. If Beta is less than 0 Baytex Energy generally moves in the opposite direction as compared to the market. If Baytex Energy Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Baytex Energy Corp is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Baytex Energy is generally in the same direction as the market. If Beta > 1 Baytex Energy moves generally in the same direction as, but more than the movement of the benchmark.

Baytex Energy Thematic Clasifications

Baytex Energy Corp is part of several thematic ideas from Dividend Beast to Petroleum and Natural Gas. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic Ideas
Today, most investors in Baytex Energy Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Baytex Energy's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Baytex Energy growth as a starting point in their analysis.

Price Earnings To Growth Ratio

0.099

At present, Baytex Energy's Price Earnings To Growth Ratio is projected to slightly decrease based on the last few years of reporting.

Baytex Energy January 18, 2025 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Baytex Energy help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Baytex Energy Corp. We use our internally-developed statistical techniques to arrive at the intrinsic value of Baytex Energy Corp based on widely used predictive technical indicators. In general, we focus on analyzing Baytex Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Baytex Energy's daily price indicators and compare them against related drivers.

Complementary Tools for Baytex Stock analysis

When running Baytex Energy's price analysis, check to measure Baytex Energy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Baytex Energy is operating at the current time. Most of Baytex Energy's value examination focuses on studying past and present price action to predict the probability of Baytex Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Baytex Energy's price. Additionally, you may evaluate how the addition of Baytex Energy to your portfolios can decrease your overall portfolio volatility.
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