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Baytex Energy Corp. logo

Baytex Energy Corp.

BTE

NYSEEnergyOil & Gas Exploration & Production

Open in GoAI

Previous close

$4.81

−$0.01 · -0.21%

Aug 21, 4:00 PM ET

BTE company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Sell

Trim exposure — unfavorable risk-reward

Valuation

2

Overpriced

Momentum

48

Neutral

Sentiment

55

Mixed

Risk resilience

61

Moderate Risk

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Company profile

Company website

Baytex Energy Corp., an energy enterprise established in 1993 and headquartered in Calgary, Canada, focuses on the exploration, development, and extraction of crude oil and natural gas resources. The company's operational footprint extends across key North American regions, specifically within the Western Canadian Sedimentary Basin and the Eagle Ford shale play in the United States. Baytex delivers a diverse portfolio of hydrocarbon products, which includes various grades of oil such as light oil, condensate, and heavy oil, alongside natural gas liquids and natural gas. Its significant asset holdings comprise the Eagle Ford property in Texas; the Viking and Lloydminster fields spanning Alberta and Saskatchewan; and the Peace River and Duvernay areas, both situated in Alberta.

Industry
Oil & Gas Exploration & Production
Sector
Energy
Headquarters
CA
CEO
Chad E. Lundberg
Listed since
Apr 3, 2006
Employees
454

Market position

Day range

Current $4.81

52-week range

Current $4.81

Open
$4.86
Previous close
$4.82
Volume
11.13M
0.59× average
Average volume
18.87M
Average daily volume
Market cap
3.61B USD
Beta
0.57
Market reference 1
50-day average
$4.235
+13.58% above average
200-day average
$3.9549
+21.62% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
2.57B CAD
EV / EBITDA
4.53×
Earnings yield
-17.70%
Free cash flow yield
6.09%

Profitability & efficiency

Return on equity
-25.25%
Return on assets
-18.03%
Return on invested capital
7.48%

Financial health

Current ratio
3.61×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends120%62%3%-55%Gross margin, FY2021: 37.67%Gross margin, FY2022: 44.38%Gross margin, FY2023: 27.67%Gross margin, FY2024: 26.49%Gross margin, FY2025: 21.49%Operating margin, FY2021: 34.27%Operating margin, FY2022: 40.97%Operating margin, FY2023: 23.71%Operating margin, FY2024: 22.14%Operating margin, FY2025: 15.28%Net margin, FY2021: 105.53%Net margin, FY2022: 36.78%Net margin, FY2023: -8.60%Net margin, FY2024: 14.67%Net margin, FY2025: -40.77%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 37.67%. Gross margin FY2022 44.38%. Gross margin FY2023 27.67%. Gross margin FY2024 26.49%. Gross margin FY2025 21.49%. Operating margin FY2021 34.27%. Operating margin FY2022 40.97%. Operating margin FY2023 23.71%. Operating margin FY2024 22.14%. Operating margin FY2025 15.28%. Net margin FY2021 105.53%. Net margin FY2022 36.78%. Net margin FY2023 -8.60%. Net margin FY2024 14.67%. Net margin FY2025 -40.77%.

Income trends

Revenue

1.48B CAD-8.20%

Operating income

226.1M CAD-36.63%

Net income

−603.29M CAD−839.73M CAD
Income trends across reported periods3.04B CAD1.72B CAD391.62M CAD−934.92M CADRevenue, FY2021: 1.54B CADRevenue, FY2022: 2.31B CADRevenue, FY2023: 2.71B CADRevenue, FY2024: 1.61B CADRevenue, FY2025: 1.48B CADOperating income, FY2021: 527.97M CADOperating income, FY2022: 944.72M CADOperating income, FY2023: 643.24M CADOperating income, FY2024: 356.79M CADOperating income, FY2025: 226.1M CADNet income, FY2021: 1.63B CADNet income, FY2022: 848.08M CADNet income, FY2023: −233.38M CADNet income, FY2024: 236.44M CADNet income, FY2025: −603.29M CADFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 1.54B CAD. Revenue FY2022 2.31B CAD. Revenue FY2023 2.71B CAD. Revenue FY2024 1.61B CAD. Revenue FY2025 1.48B CAD. Operating income FY2021 527.97M CAD. Operating income FY2022 944.72M CAD. Operating income FY2023 643.24M CAD. Operating income FY2024 356.79M CAD. Operating income FY2025 226.1M CAD. Net income FY2021 1.63B CAD. Net income FY2022 848.08M CAD. Net income FY2023 −233.38M CAD. Net income FY2024 236.44M CAD. Net income FY2025 −603.29M CAD.
Metric (CAD)FY2025FY2024FY2023FY2022FY2021
Revenue1.48B CAD1.61B CAD2.71B CAD2.31B CAD1.54B CAD
Cost of goods sold1.16B CAD1.18B CAD1.96B CAD1.28B CAD960.38M CAD
Gross profit317.97M CAD426.97M CAD750.74M CAD1.02B CAD580.3M CAD
Selling, general, and administrative91.87M CAD70.19M CAD107.5M CAD78.63M CAD52.33M CAD
Operating expenses91.87M CAD70.19M CAD107.5M CAD78.63M CAD52.33M CAD
Interest expense217.37M CAD206.1M CAD171.77M CAD63.94M CAD76.63M CAD
Depreciation and amortization503.64M CAD500.24M CAD1.07B CAD597.43M CAD480.59M CAD
Operating income226.1M CAD356.79M CAD643.24M CAD944.72M CAD527.97M CAD
Net income−603.29M CAD236.44M CAD−233.38M CAD848.08M CAD1.63B CAD

Company facts updated Aug 24, 2026.

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ETFs holding BTE

Funds reporting this stock among their holdings, ordered by reported position size.

First Trust Natural Gas ETF logoFirst Trust Natural Gas ETFFCG
Market value
14.4M
Weight
2.07%
AUM
690.73M USD
Expense ratio
0.59%
Price / 1D
$31.50-0.38%
ALPS Funds CoreCommodity Natural Resources ETF logoALPS Funds CoreCommodity Natural Resources ETFCCNR
Market value
4.54M
Weight
0.96%
AUM
471.92M USD
Expense ratio
0.39%
Price / 1D
$42.2988+1.70%
Invesco International BuyBack Achievers ETF logoInvesco International BuyBack Achievers ETFIPKW
Market value
1.69M
Weight
0.30%
AUM
570.19M USD
Expense ratio
0.55%
Price / 1D
$61.3126+0.73%
Gotham 1000 Value ETF logoGotham 1000 Value ETFGVLU
Market value
1.11M
Weight
0.42%
AUM
204.4M USD
Expense ratio
0.50%
Price / 1D
$29.3915+1.00%
Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF logoInvesco RAFI Developed Markets ex-U.S. Small-Mid ETFPDN
Market value
507.07K
Weight
0.14%
AUM
361.92M USD
Expense ratio
0.47%
Price / 1D
$47.39+0.81%
Invesco RAFI Developed Markets ex-U.S. ETF logoInvesco RAFI Developed Markets ex-U.S. ETFPXF
Market value
376.5K
Weight
0.01%
AUM
3B USD
Expense ratio
0.43%
Price / 1D
$79.77+0.90%
State Street SPDR Portfolio High Yield Bond ETF logoState Street SPDR Portfolio High Yield Bond ETFSPHY
Market value
9.89K
Weight
0.00%
AUM
11.88B USD
Expense ratio
0.05%
Price / 1D
$23.30+0.13%

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