BAYTEX ENERGY CORP.BTE

Market cap

$2.4B

P/E ratio

	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024
Petroleum and natural gas sales	1,868	2,889	3,383	4,209
Royalties	339	563	670	880
Revenue, net of royalties	1,529	2,326	2,713	3,329
Operating	343	423	571	654
Transportation	32	49	89	133
Blending Expense	86	189	225	264
General and administrative	41	50	70	82
Transaction costs	-	-	49	2
Exploration and evaluation	15	30	9	1
Depreciation expense	465	587	1,048	1,386
Impairment loss	-1,542	-268	834	-
Share-based compensation	11	29	38	18
Finance costs	111	105	192	268
Financial derivatives gain	-	-	25	2
Foreign exchange loss (gain)	3	-43	11	-156
Loss on dispositions	10	5	-141	-1
Other income	-	-	0	7
Total expenses	-166	1,435	3,229	2,956
Net income (loss) before income taxes	1,695	891	-517	373
Current income tax expense	1	4	14	22
Deferred tax expense (income)	80	32	-298	115
Income tax expense (recovery)	81	35	-283	137
Net income (loss)	1,614	856	-233	237
Foreign currency translation adjustment	13	124	-65	402
Comprehensive income (loss)	1,627	980	-299	639
Basic (in cad per share)	2.86	1.53	-0.33	0.29
Diluted (in cad per share)	2.82	1.52	-0.33	0.29