Baytex Energy (BTE) Asset Utilization Ratio (2009 - 2026)
Baytex Energy's Asset Utilization Ratio came in at 0.11 for the quarter ended Mar 31, 2026, down 41.3% from 0.18 a year earlier but up 14.0% from the prior quarter.
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Analysis
Baytex Energy (BTE) Asset Utilization Ratio (2009 - 2026) Analysis & Trends
For the year ended Dec 31, 2025, Baytex Energy's Asset Utilization Ratio was 0.31, up 24.0% from the prior year.
- Going back by year, Asset Utilization Ratio was 0.25 in the year ended Dec 31, 2024 (-53.5%), 0.53 in the year ended Dec 31, 2023 (-9.3%) and 0.59 in the year ended Dec 31, 2022.
- The five-year range for quarterly Asset Utilization Ratio is 0.07 (the quarter ended Sep 30, 2025) to 0.55 (the quarter ended Mar 31, 2023).
- Year-over-year, Asset Utilization Ratio has declined for five consecutive quarters, with an average decline of 21.7% over the last eight quarters.
- The fastest year-over-year change in Asset Utilization Ratio over five years came in the quarter ended Mar 31, 2023 (growth of 190.7%), and the weakest in the quarter ended Mar 31, 2024 (a decline of 65.3%).
- Business Quant data shows BTE's Asset Utilization Ratio at 0.09 (quarter ended Dec 31, 2025), 0.07 (quarter ended Sep 30, 2025) and 0.09 (quarter ended Jun 30, 2025) in the three quarters before the quarter ended Mar 31, 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 696.20 Bn | 661.07 Bn | 47.44 Bn | 0.85 |
| 2 | Shell | 563.81 Bn | 425.16 Bn | - | 0.42 |
| 3 | Chevron | 432.14 Bn | 404.83 Bn | 31.26 Bn | 0.70 |
| 4 | TotalEnergies SE | 200.31 Bn | 75.66 Bn | 31.61 Bn | 0.56 |
| 5 | Eni Spa | 181.16 Bn | 124.34 Bn | - | 0.61 |
| 6 | Conocophillips | 168.32 Bn | 137.35 Bn | 12.63 Bn | 0.56 |
| 7 | Equinor Asa | 107.41 Bn | 20.34 Bn | 4.49 Bn | 86.00 |
| 8 | Canadian Natural Resources | 103.54 Bn | 97.44 Bn | 9.35 Bn | - |
| 9 | Phillips 66 | 103.32 Bn | 88.28 Bn | 10.69 Bn | 2.06 |
| 10 | Baytex Energy | 3.34 Bn | 1.13 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 0.11 |
| Dec 31, 2025 | 0.09 |
| Sep 30, 2025 | 0.07 |
| Jun 30, 2025 | 0.09 |
| Mar 31, 2025 | 0.18 |
| Dec 31, 2024 | 0.20 |
| Sep 30, 2024 | 0.12 |
| Jun 30, 2024 | 0.13 |
| Mar 31, 2024 | 0.19 |
| Dec 31, 2023 | 0.18 |
| Sep 30, 2023 | 0.11 |
| Jun 30, 2023 | 0.17 |
| Mar 31, 2023 | 0.55 |
| Dec 31, 2022 | 0.23 |
| Sep 30, 2022 | 0.14 |
| Jun 30, 2022 | 0.14 |
| Mar 31, 2022 | 0.19 |
| Dec 31, 2021 | 0.18 |
| Sep 30, 2021 | 0.10 |
| Jun 30, 2021 | 0.09 |
API Access
Baytex Energy Asset Utilization Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=BTE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "ticker": "BTE", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=BTE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();