BAYTEX ENERGY CORP.
BTE · Drilling Oil & Gas Wells · EDGAR filings ↗
Grade
D50Oil & gas producer posting a heavy loss year despite an unusually strong balance sheet.
Strengths
- Exceptional liquidity (current/quick ratio 3.6, 100th pct) and high cash (90th pct)
- Operating cash margin very strong (100% reported, 90th pct)
Risks
- Net margin -40.8%, ROE -25.3%, ROA -18% — a clear loss year
- Net income collapsed (-368%, 9th pct) with revenue down 3.6%
Notable findings
- Net lossNet loss (net margin -35.8%)
- Strong balance sheetStrong balance sheet — $696M cash & investments
Key metrics
Net margin
-35.8%
Return on equity
-25.3%
Return on assets
-18.0%
Revenue growth (QoQ)
-5.6%
Net-income growth
-368.1%
Current ratio
3.6×
Tangible book value
$1.7B
Cash & investments
$696M
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 40-F | 2026-03-05 | 2025-12-31 | 0001279495-26-000007 ↗ |
| 40-F | 2025-03-05 | 2024-12-31 | 0001279495-25-000014 ↗ |
| 40-F | 2024-02-29 | 2023-12-31 | 0001279495-24-000041 ↗ |
| 40-F | 2023-02-24 | 2022-12-31 | 0001279495-23-000027 ↗ |
| 40-F | 2022-03-01 | 2021-12-31 | 0001279495-22-000014 ↗ |
| 40-F | 2021-03-02 | 2020-12-31 | 0001279495-21-000022 ↗ |
| 40-F | 2020-03-10 | 2020-03-09 | 0001279495-20-000030 ↗ |
| 40-F | 2019-03-12 | 2018-12-31 | 0001279495-19-000009 ↗ |
| 40-F | 2018-03-09 | 2017-12-31 | 0001279495-18-000013 ↗ |
| 40-F | 2017-03-08 | 2016-12-31 | 0001279495-17-000013 ↗ |
| 40-F | 2016-03-17 | 2015-12-31 | 0001279495-16-000100 ↗ |
| 40-F | 2015-03-09 | 2014-12-31 | 0001047469-15-001834 ↗ |