Baytex Energy (BTE) Invested Capital (2009 - 2026)
Baytex Energy (BTE) reported Invested Capital of $1.63 billion for the quarter ended Mar 31, 2026, down 36.7% from $2.57 billion a year earlier and down 5.2% from the prior quarter.
Baytex Energy (BTE) Invested Capital (2009 - 2026) Analysis & Trends
For the year ended Dec 31, 2025, Baytex Energy posted Invested Capital of $1.71 billion, down 47.9% from the prior year.
- Invested Capital has a five-year compound annual growth rate of 12.8% (years ended Dec 2020 to Dec 2025).
- By year, Invested Capital came in at $3.28 billion in the year ended Dec 31, 2024 (+26.0%), $2.61 billion in the year ended Dec 31, 2023 (+136.3%), $1.1 billion in the year ended Dec 31, 2022 (-27.3%) and $1.52 billion in the year ended Dec 31, 2021 (+62.0%).
- The figure for the quarter ended Mar 31, 2026 ranks as the lowest quarterly Invested Capital since the quarter ended Mar 31, 2024.
- Year over year, Invested Capital gained in two of the last eight quarters, with growth averaging 21.1%.
- The high point for year-over-year Invested Capital in five years was the quarter ended Mar 31, 2025 (growth of 245.4%); the low point was the quarter ended Mar 31, 2023 (a decline of 78.8%).
- Per Business Quant data, the three quarters before the quarter ended Mar 31, 2026 came in at $1.72 billion (quarter ended Dec 31, 2025), $3.17 billion (quarter ended Sep 30, 2025) and $2.4 billion (quarter ended Jun 30, 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Shell | 540.77 Bn | 451.32 Bn | 30.13 Bn | 247.38 Bn |
| 2 | Chevron | 403.83 Bn | 381.62 Bn | 33.45 Bn | 195.96 Bn |
| 3 | TotalEnergies SE | 188.75 Bn | 71.88 Bn | - | 33.10 Bn |
| 4 | Eni Spa | 170.81 Bn | 120.33 Bn | - | 102.84 Bn |
| 5 | Conocophillips | 150.42 Bn | 123.13 Bn | 12.81 Bn | 88.64 Bn |
| 6 | Equinor Asa | 104.06 Bn | 50.12 Bn | - | - |
| 7 | Phillips 66 | 101.90 Bn | 90.89 Bn | 8.38 Bn | 53.27 Bn |
| 8 | Canadian Natural Resources | 97.96 Bn | 94.91 Bn | - | 20.96 Bn |
| 9 | Suncor Energy | 80.99 Bn | 66.79 Bn | - | 58.02 Bn |
| 10 | Baytex Energy | 3.47 Bn | 3.01 Bn | - | - |
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 1.63 Bn |
| Dec 31, 2025 | 1.72 Bn |
| Sep 30, 2025 | 3.17 Bn |
| Jun 30, 2025 | 2.40 Bn |
| Mar 31, 2025 | 2.57 Bn |
| Dec 31, 2024 | 3.22 Bn |
| Sep 30, 2024 | 1.95 Bn |
| Jun 30, 2024 | 2.77 Bn |
| Mar 31, 2024 | 744.07 Mn |
| Dec 31, 2023 | 3.43 Bn |
| Sep 30, 2023 | 2.97 Bn |
| Jun 30, 2023 | 2.82 Bn |
| Mar 31, 2023 | 692.93 Mn |
| Dec 31, 2022 | 2.58 Bn |
| Sep 30, 2022 | 2.47 Bn |
| Jun 30, 2022 | 3.20 Bn |
| Mar 31, 2022 | 3.26 Bn |
| Dec 31, 2021 | 2.26 Bn |
| Sep 30, 2021 | 1.90 Bn |
| Jun 30, 2021 | 1.84 Bn |
Baytex Energy Invested Capital 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=invested-capital&ticker=BTE&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "invested-capital", "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=invested-capital&ticker=BTE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();