Baytex Energy Corp. (BTE) FinancialsBTEBaytex Energy Corp.

Baytex Energy Corp. (BTE) generates its revenue through a diversified portfolio of business segments. Currently, the largest contributor to its top-line growth is Heavy oil, accounting for 86.5% of total sales, equivalent to CAD 475.43M. Other significant revenue streams include Light oil and condensate and NGL. Understanding this composition is critical for investors evaluating how BTE navigates market cycles within the Oil & Gas Exploration and Production industry.

Evaluating the bottom line, Baytex Energy Corp. maintains a gross margin of 60.19%. This metric reflects the company's pricing power and manufacturing efficiency. Further down the income statement, the operating margin stands at 37.88%, while the net margin is 30.68%. These profitability ratios, combined with a Return on Equity (ROE) of -8.77%, provide a clear picture of how effectively BTE converts its operational activities into shareholder value.

In the context of the broader market, BTE competes directly with industry leaders such as CRGY and CRC. With a market capitalization of $3.71B, it holds a significant position in the sector. When comparing efficiency, BTE's gross margin of 60.19% stands against CRGY's 45.11% and CRC's 56.23%. Such benchmarking helps identify whether Baytex Energy Corp. is trading at a premium or discount relative to its financial performance.

Baytex Energy has demonstrated strong financial performance, with a reported GAAP EPS of C$0.24 for Q2 2026 and a free cash flow of C$128 million, which supports future investments and shareholder returns.