Baytex Energy Shares Outstanding vs. Gross Profit

BTE Stock  CAD 4.22  0.02  0.48%   
Based on the key profitability measurements obtained from Baytex Energy's financial statements, Baytex Energy Corp may not be well positioned to generate adequate gross income at this time. It has a very high risk of underperforming in December. Profitability indicators assess Baytex Energy's ability to earn profits and add value for shareholders. At this time, Baytex Energy's Days Sales Outstanding is very stable compared to the past year. As of the 24th of November 2024, Operating Cash Flow Sales Ratio is likely to grow to 0.48, while Price To Sales Ratio is likely to drop 0.87. At this time, Baytex Energy's Accumulated Other Comprehensive Income is very stable compared to the past year. As of the 24th of November 2024, Operating Income is likely to grow to about 675.3 M, though Income Before Tax is likely to grow to (490.8 M).
For Baytex Energy profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Baytex Energy to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Baytex Energy Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Baytex Energy's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Baytex Energy Corp over time as well as its relative position and ranking within its peers.
  
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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.

Baytex Energy Corp Gross Profit vs. Shares Outstanding Fundamental Analysis

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.
Baytex Energy Corp is rated second in shares outstanding category among its peers. It is rated fourth in gross profit category among its peers fabricating about  2.12  of Gross Profit per Shares Outstanding. At this time, Baytex Energy's Gross Profit is very stable compared to the past year. Comparative valuation analysis is a catch-all model that can be used if you cannot value Baytex Energy by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Baytex Energy's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.

Baytex Gross Profit vs. Shares Outstanding

Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.

Baytex Energy

Shares Outstanding

 = 

Public Shares

-

Repurchased

 = 
787.33 M
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.

Baytex Energy

Gross Profit

 = 

Revenue

-

Cost of Revenue

 = 
1.67 B
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.

Baytex Gross Profit Comparison

Baytex Energy is currently under evaluation in gross profit category among its peers.

Baytex Energy Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Baytex Energy, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Baytex Energy will eventually generate negative long term returns. The profitability progress is the general direction of Baytex Energy's change in net profit over the period of time. It can combine multiple indicators of Baytex Energy, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Last ReportedProjected for Next Year
Accumulated Other Comprehensive Income690.9 M725.5 M
Operating Income643.2 M675.3 M
Income Before Tax-516.6 M-490.8 M
Total Other Income Expense Net-1.2 B-1.1 B
Net Loss-233.4 M-221.7 M
Income Tax Expense-283.2 M-269.1 M
Net Loss-233.4 M-245 M
Net Income Applicable To Common Shares983.9 MB
Interest Income371.3 M389.8 M
Net Interest Income-171.8 M-180.4 M
Change To Netincome-72.3 M-68.7 M
Net Loss(0.33)(0.31)
Income Quality(5.55)(5.27)
Net Income Per E B T 0.45  0.47 

Baytex Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Baytex Energy. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Baytex Energy position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Baytex Energy's important profitability drivers and their relationship over time.

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Our tools can tell you how much better you can do entering a position in Baytex Energy without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Analyst Advice

Analyst recommendations and target price estimates broken down by several categories
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Use Investing Themes to Complement your Baytex Energy position

In addition to having Baytex Energy in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Business Supplies Theme
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Business Supplies theme has 24 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Business Supplies Theme or any other thematic opportunities.
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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:
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You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
To fully project Baytex Energy's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Baytex Energy Corp at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Baytex Energy's income statement, its balance sheet, and the statement of cash flows.
Potential Baytex Energy investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Baytex Energy investors may work on each financial statement separately, they are all related. The changes in Baytex Energy's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Baytex Energy's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.