Baytex Historical Income Statement
| BTE Stock | USD 3.02 0.02 0.67% |
Historical analysis of Baytex Energy income statement accounts such as Interest Expense of 180.4 M, Selling General Administrative of 45.9 M or Total Revenue of 3.6 B can show how well Baytex Energy Corp performed in making a profits. Evaluating Baytex Energy income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Baytex Energy's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Baytex Energy Corp latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Baytex Energy Corp is a good buy for the upcoming year.
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About Baytex Income Statement Analysis
Baytex Energy Corp Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Baytex Energy shareholders. The income statement also shows Baytex investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Baytex Energy Income Statement Chart
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Total Revenue
Total revenue comprises all receipts Baytex Energy Corp generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Baytex Energy Corp. It is also known as Baytex Energy overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Operating Income
Operating Income is the amount of profit realized from Baytex Energy Corp operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Baytex Energy Corp is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.Cost Of Revenue
Cost of Revenue is found on Baytex Energy Corp income statement and represents the costs associated with goods and services Baytex Energy provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.Most accounts from Baytex Energy's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Baytex Energy Corp current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Baytex Energy Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. At present, Baytex Energy's Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Total Revenue is expected to grow to about 3.6 B, whereas Operating Income is projected to grow to (2.1 B).
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 92.1M | 80.4M | 171.8M | 180.4M | Depreciation And Amortization | 477.0M | 602.7M | 1.0B | 1.1B |
Baytex Energy income statement Correlations
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Baytex Energy income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 731.7M | 495.4M | 477.0M | 602.7M | 1.0B | 1.1B | |
| Interest Expense | 107.4M | 106.5M | 92.1M | 80.4M | 171.8M | 180.4M | |
| Selling General Administrative | 61.4M | 43.7M | 51.9M | 79.3M | 69.8M | 45.9M | |
| Total Revenue | 1.8B | 975.5M | 1.9B | 2.9B | 3.4B | 3.6B | |
| Gross Profit | 243.5M | (82.8M) | 603.5M | 1.1B | 869.3M | 912.7M | |
| Other Operating Expenses | 1.6B | 1.1B | 1.3B | 1.9B | 3.4B | 3.6B | |
| Operating Income | 159.5M | (150.8M) | 521.7M | 943.6M | (2.2B) | (2.1B) | |
| Ebit | 159.5M | (159.8M) | 509.3M | 955.6M | (356.8M) | (338.9M) | |
| Ebitda | 891.2M | 335.5M | 986.3M | 1.6B | 691.1M | 510.0M | |
| Cost Of Revenue | 1.6B | 1.1B | 1.3B | 1.8B | 2.5B | 2.6B | |
| Total Operating Expenses | 86.8M | 66.7M | 79.5M | 125.2M | 869.3M | 912.7M | |
| Income Before Tax | (78.9M) | (2.6B) | 1.7B | 890.9M | (516.6M) | (490.8M) | |
| Total Other Income Expense Net | (238.4M) | (2.4B) | 1.2B | (62.2M) | 1.7B | 1.8B | |
| Net Income | (12.5M) | (2.4B) | 1.6B | 855.6M | (233.4M) | (221.7M) | |
| Income Tax Expense | (66.5M) | (160.4M) | 81.2M | 35.3M | (283.2M) | (269.1M) | |
| Net Income From Continuing Ops | (12.5M) | (2.4B) | 1.6B | 855.6M | 745.3M | 782.5M | |
| Net Income Applicable To Common Shares | (12.5M) | (2.4B) | 1.6B | 855.6M | 770.0M | 808.5M | |
| Tax Provision | (66.5M) | (160.4M) | 81.2M | 35.3M | (70.1M) | (73.6M) | |
| Net Interest Income | (112.2M) | (113.2M) | (96.9M) | (86.7M) | (133.4M) | (140.0M) |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Baytex Energy Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
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.