profit from every $100 of sales.

Baytex Energy
Trading in the middle of its range for the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2022 to 2025.
It has no yearly profit to compare the price with.
It holds more cash than debt.
Money in, money out
What Baytex Energy sold, what it kept, and what it did with the cash.
Sales went from CA$2.89 billion in 2022 to CA$1.68 billion in 2025, with -CA$604 million of profit last year.
Baytex Energy handed back 48% of the cash it generated last year.
Baytex Energy vs. similar companies
How it compares with the largest companies in its industry.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
Baytex Energy | No profit yet | ||
EQT | 16.1× · Fair price | ||
Coterra Energy | 14.4× · Cheap | ||
Expand Energy | 11.1× · Cheap | ||
Permian Resources | 20.4× · Fair price |
AI analysis
An AI analyst reads Baytex Energy's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of CAD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 2,889 | 3,383 | 1,874 | 1,685 | |
| 1,127 | 869 | 530 | 427 | |
| 953 | 643 | 357 | 226 | |
| 1,558 | 691 | 1,558 | 1,273 | |
| 856 | -233 | 237 | -604 | |
| 1.52 | -0.33 | 0.29 | -0.78 | |
| 39.0% | 25.7% | 28.3% | 25.3% | |
| 33.0% | 19.0% | 19.1% | 13.4% | |
| 29.6% | -6.9% | 12.6% | -35.8% |
Balance sheet
| In millions of CAD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 5,104 | 7,461 | 7,760 | 3,345 |
| Cash | 5 | 56 | 17 | 953 |
| Total debt | 937 | 2,441 | 2,282 | 118 |
| Total liabilities | 2,073 | 3,636 | 3,589 | 956 |
| 3,030 | 3,825 | 4,171 | 2,389 | |
| 564 | 705 | 808 | 769 | |
| 19.3% | -4.5% | 2.1% | 0.3% | |
| 28.2% | -6.1% | 5.7% | -25.3% |
Cash flow
| In millions of CAD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 1,173 | 1,296 | 1,908 | 1,486 | |
| 524 | 1,056 | 1,314 | 1,278 | |
| 649 | 240 | 594 | 207 | |
| Dividends paid | 0 | 38 | 72 | 69 |
| 159 | 222 | 222 | 29 | |
| 3 | 16 | 0 | – |
Valuation
- –
- 14.6×
- –
- 2.5×
- 2.5×
- 20.1×
- 2.6×
- 5.0%
- -14.5%
- 1.7%
Profitability
- 25.3%
- 13.4%
- -35.8%
- 73.4%
- 3.0%
- 8.5%
- -23.1%
- -22.7%
- 3.1%
- –
Growth
- −16.5%
- –
- −58.5%
- –
- +8.1%
Financial health
- -1.6×
- 0.07
- 4.5%
- 0.5×
- 2.15
- 2.12
- 0.16
How it ranks in Energy
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| May 7, 2026 | -0.08 | 0.01 | −900.0% |
| Mar 5, 2026 | -0.31 | 0.02 | −1,650.0% |
| Oct 30, 2025 | 0.03 | 0.01 | +200.0% |
| Jul 31, 2025 | 0.15 | 0.04 | +263.6% |
| May 5, 2025 | 0.06 | 0.10 | −40.0% |
| Mar 4, 2025 | -0.04 | 0.12 | −133.3% |
| Oct 31, 2024 | 0.17 | 0.14 | +21.4% |
| Jul 25, 2024 | 0.09 | 0.12 | −25.0% |
Paid per share, each year
$0.64 in 2015 → $0.06 in 2025
How safe it looks
-9.3% of its profit
Room to growStretchedMore than it earns: 33.3%
News
Baytex targets 76,000-79,000 BOE/d in 2027 while outlining 8%-10% annual growth through 2029Seeking Alpha · Nov 7, 2026Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
0/7Passes 0 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Questions about Baytex Energy
Is Baytex Energy a good stock to buy?
A business with weak numbers that is not profitable yet. 0 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Baytex Energy AI analysis
What does Baytex Energy do?
Baytex Energy Corp., an energy company, engages in the acquisition, development, and production of crude oil and natural gas in the Western Canadian Sedimentary Basin and in the Eagle Ford, the United States. It is in Oil & Gas Exploration & Production, based in Calgary, AB, Canada.
Does Baytex Energy pay a dividend?
Yes. At today's price the dividend is 1.7% a year. In 2025 it paid out $69.2 million in dividends.
Is Baytex Energy stock halal?
Yes. Baytex Energy passes our halal screen: its business is permitted and its debt is 3% of its market value, under the 30% limit. How we check
How has Baytex Energy stock done over the past year?
Up 42.9% over the past twelve months, to $4.33. It traded between $3.01 and $5.53 and is 21.7% below its high.
Who are Baytex Energy's competitors?
The largest listed companies in the same industry are EQT, Coterra Energy, Expand Energy and Permian Resources. The peers table on this page compares their profit, growth and price with Baytex Energy's.
Prices: daily closes to Nov 12, 2026. Fundamentals: company reports via invest-like data.



