Baytex Energy (BTE) Cost of Revenue (2017 - 2023)
Baytex Energy's (BTE) quarterly Cost of Revenue came in at $433.6 million in Q4 2023, up 3872.65% year-on-year from $10.9 million in Q4 2022, and up 1977.5% quarter-over-quarter from $20.9 million in Q3 2023.
Baytex Energy (BTE) Cost of Revenue (2017 - 2023) Analysis & Trends
Baytex Energy has disclosed Cost of Revenue across 4 years of filings, most recently posting $433.6 million for Q4 2023.
- Cost of Revenue for Q4 2023 came in at $433.6 million, up 3872.65% year-over-year; the trailing twelve-month figure through Dec 2023 was $481.5 million (changed N/A YoY), and the FY2025 annual result was $146.2 million, down 21.83% from the prior year.
- Cost of Revenue came in at $433.6 million for Q4 2023 at Baytex Energy, up from $20.9 million in the prior quarter.
- In the past five years, Cost of Revenue ranged from a high of $433.6 million in Q4 2023 to a low of $9.0 million in Q4 2019.
- The 3-year median for Cost of Revenue is $16.0 million (2023), against an average of $98.1 million.
- Peak annual rise in Cost of Revenue reached 3872.65% in 2023, while the deepest fall reached 3872.65% in 2023.
- Baytex Energy's Cost of Revenue stood at $9.0 million in 2019, then advanced by 21.29% to $10.9 million in 2022, then jumped by 3872.65% to $433.6 million in 2023.
- The last three Cost of Revenue figures came in at $433.6 million (Q4 2023), $20.9 million (Q3 2023), and $16.0 million (Q1 2023), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Woodside Energy | 639.66 Bn | 633.72 Bn | - | 326.00 Mn |
| 2 | Canadian Natural Resources | 395.91 Bn | 395.91 Bn | 6.72 Bn | 1.16 Bn |
| 3 | Conocophillips | 147.10 Bn | 140.74 Bn | 9.48 Bn | 6.28 Bn |
| 4 | Eog Resources | 74.80 Bn | 70.95 Bn | - | - |
| 5 | Occidental Petroleum | 56.58 Bn | 53.39 Bn | 4.87 Bn | 356.00 Mn |
| 6 | Diamondback Energy | 55.66 Bn | 61.83 Bn | 4.22 Bn | 24.00 Mn |
| 7 | Vista Energy, S.A.B. de C.V | 35.54 Bn | 34.93 Bn | 472.36 Mn | 66.16 Mn |
| 8 | Eqt | 33.02 Bn | 36.36 Bn | 2.98 Bn | 400.34 Mn |
| 9 | Vermilion Energy | 32.08 Bn | 31.89 Bn | 370.10 Mn | 4.23 Mn |
| 10 | Baytex Energy | 311.74 | -552.64 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2023 | 433.64 Mn |
| Dec 31, 2023 | 433.64 Mn |
| Sep 30, 2023 | 20.87 Mn |
| Sep 30, 2023 | 20.87 Mn |
| Mar 31, 2023 | 16.04 Mn |
| Mar 31, 2023 | 16.04 Mn |
| Dec 31, 2022 | 10.92 Mn |
| Dec 31, 2022 | 10.92 Mn |
| Dec 31, 2019 | 9.00 Mn |
| Dec 31, 2019 | 9.00 Mn |
| Dec 31, 2017 | 7.66 Mn |
| Dec 31, 2017 | 7.66 Mn |