Baytex Energy (BTE) Operating Expenses (2009 - 2026)

Baytex Energy's (BTE) quarterly Operating Expenses came in at $59.2 million in Q1 2026, up 12.47% year-on-year from $52.7 million in Q1 2025, and up 161.34% quarter-over-quarter from -$96.6 million in Q4 2025.

Baytex Energy (BTE) Operating Expenses (2009 - 2026) Analysis & Trends

Baytex Energy has disclosed Operating Expenses across 18 years of filings, most recently posting $59.2 million for Q1 2026.

  • Operating Expenses for Q1 2026 came in at $59.2 million, up 12.47% year-over-year; the trailing twelve-month figure through Mar 2026 was $195.3 million (down 82.25% YoY), and the FY2025 annual result was $239.7 million, down 79.45% from the prior year.
  • Operating Expenses came in at $59.2 million for Q1 2026 at Baytex Energy, up from -$96.6 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $174.1 billion in Q3 2023 to a low of -$121.1 million in Q4 2023.
  • The 5-year median for Operating Expenses is $122.6 million (2024), against an average of $36.1 billion.
  • Across the five-year window, Operating Expenses surged 164566.53% in 2022 and slumped 112.03% in 2025, its largest moves.
  • Baytex Energy's Operating Expenses stood at -$76.9 million in 2022, then plunged by 57.56% to -$121.1 million in 2023, then jumped by 762.8% to $802.7 million in 2024, then sank by 112.03% to -$96.6 million in 2025, then surged by 161.34% to $59.2 million in 2026.
  • The last three Operating Expenses figures came in at $59.2 million (Q1 2026), -$96.6 million (Q4 2025), and $116.5 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Woodside Energy 630.08 Bn 624.14 Bn - -
2 Canadian Natural Resources 388.31 Bn 388.31 Bn 6.72 Bn 1.04 Bn
3 Conocophillips 142.98 Bn 136.61 Bn 9.48 Bn 2.28 Bn
4 Eog Resources 72.93 Bn 69.08 Bn - 4.32 Bn
5 Occidental Petroleum 55.91 Bn 52.73 Bn 4.87 Bn 1.12 Bn
6 Diamondback Energy 54.95 Bn 61.11 Bn 4.22 Bn 4.12 Bn
7 Vista Energy, S.A.B. de C.V 35.18 Bn 34.56 Bn 472.36 Mn -52.32 Mn
8 Eqt 32.94 Bn 36.28 Bn 2.98 Bn 54.87 Mn
9 Vermilion Energy 31.24 Bn 31.05 Bn 370.10 Mn 103.33 Mn
10 Baytex Energy 308.45 -552.64 Mn - 59.24 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 59.24 Mn
Dec 31, 2025 -96.58 Mn
Sep 30, 2025 116.47 Mn
Jun 30, 2025 116.21 Mn
Mar 31, 2025 52.67 Mn
Dec 31, 2024 802.68 Mn
Sep 30, 2024 122.51 Mn
Jun 30, 2024 122.62 Mn
Mar 31, 2024 128.71 Mn
Dec 31, 2023 -121.11 Mn
Sep 30, 2023 174.12 Bn
Jun 30, 2023 119.44 Bn
Mar 31, 2023 143.37 Mn
Dec 31, 2022 -76.86 Mn
Sep 30, 2022 110.14 Bn
Jun 30, 2022 107.43 Bn
Mar 31, 2022 100.77 Bn
Dec 31, 2021 -468.58 Mn
Sep 30, 2021 66.89 Mn
Jun 30, 2021 82.90 Mn