Baytex Energy Past Earnings Performance
Past criteria checks 3/6
Baytex Energy has been growing earnings at an average annual rate of 30.5%, while the Oil and Gas industry saw earnings growing at 22.9% annually. Revenues have been growing at an average rate of 15.3% per year. Baytex Energy's return on equity is 28.2%, and it has net margins of 36.8%.
Key information
30.5%
Earnings growth rate
30.2%
EPS growth rate
| Oil and Gas Industry Growth | 27.8% |
| Revenue growth rate | 15.3% |
| Return on equity | 28.2% |
| Net Margin | 36.8% |
| Next Earnings Update | 04 May 2023 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Baytex Energy makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Dec 22 | 2,326 | 856 | 79 | 0 |
| 30 Sep 22 | 2,251 | 1,066 | 60 | 0 |
| 30 Jun 22 | 2,084 | 834 | 57 | 0 |
| 31 Mar 22 | 1,762 | 1,706 | 56 | 0 |
| 31 Dec 21 | 1,529 | 1,614 | 52 | 0 |
| 30 Sep 21 | 1,273 | 1,272 | 48 | 0 |
| 30 Jun 21 | 1,087 | 1,215 | 46 | 0 |
| 31 Mar 21 | 850 | 24 | 43 | 0 |
| 31 Dec 20 | 812 | -2,439 | 44 | 0 |
| 30 Sep 20 | 985 | -2,778 | 45 | 0 |
| 30 Jun 20 | 1,122 | -2,739 | 48 | 0 |
| 31 Mar 20 | 1,393 | -2,522 | 54 | 0 |
| 31 Dec 19 | 1,486 | -12 | 61 | 0 |
| 30 Sep 19 | 1,396 | -126 | 68 | 0 |
| 30 Jun 19 | 1,391 | -114 | 72 | 0 |
| 31 Mar 19 | 1,266 | -251 | 70 | 0 |
| 31 Dec 18 | 1,115 | -325 | 65 | 0 |
| 30 Sep 18 | 1,070 | -18 | 59 | 0 |
| 30 Jun 18 | 929 | -55 | 56 | 0 |
| 31 Mar 18 | 876 | 13 | 61 | 0 |
| 31 Dec 17 | 858 | 87 | 63 | 0 |
| 30 Sep 17 | 802 | -348 | 63 | 0 |
| 30 Jun 17 | 751 | -378 | 67 | 0 |
| 31 Mar 17 | 686 | -475 | 63 | 0 |
| 31 Dec 16 | 602 | -485 | 65 | 0 |
| 30 Sep 16 | 605 | -545 | 67 | 0 |
| 30 Jun 16 | 661 | -1,025 | 68 | 0 |
Quality Earnings: BTE N has high quality earnings.
Growing Profit Margin: BTE N's current net profit margins (36.8%) are lower than last year .
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: BTE N has become profitable over the past 5 years, growing earnings by 30.5% per year.
Accelerating Growth: BTE N's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: BTE N had negative earnings growth (-47%) over the past year, making it difficult to compare to the Oil and Gas industry average (-30.1%).
Return on Equity
High ROE: BTE N's Return on Equity (28.2%) is considered high.