Baytex Energy (BTE) Operating Expenses (2009 - 2026)
Baytex Energy (BTE) recorded Operating Expenses of $12.5 million in the quarter ended Jun 30, 2026, compared with -$22.68 million a year earlier.
Baytex Energy (BTE) Operating Expenses (2009 - 2026) Analysis & Trends
On a TTM basis, Baytex Energy's Operating Expenses came in at -$181.17 million as of Jun 30, 2026; for the year ended Dec 31, 2025, it came in at -$334.32 million.
- Across earlier years, Operating Expenses came in at -$336.07 million in the year ended Dec 31, 2024, -$570.84 million in the year ended Dec 31, 2023, $469.29 million in the year ended Dec 31, 2022 (+56.4%) and $300.09 million in the year ended Dec 31, 2021 (-53.3%).
- The figure for the quarter ended Jun 30, 2026 is the highest quarterly Operating Expenses since the quarter ended Mar 31, 2025.
- Per Business Quant, the preceding three quarters came in at -$22.96 million (quarter ended Mar 31, 2026), -$85.71 million (quarter ended Dec 31, 2025) and -$84.99 million (quarter ended Sep 30, 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Shell | 548.90 Bn | 459.45 Bn | 30.13 Bn | 3.19 Bn |
| 2 | Chevron | 407.58 Bn | 385.38 Bn | 33.45 Bn | 53.37 Bn |
| 3 | TotalEnergies SE | 199.37 Bn | 82.49 Bn | - | 46.44 Bn |
| 4 | Eni Spa | 174.90 Bn | 124.42 Bn | - | - |
| 5 | Conocophillips | 151.32 Bn | 124.03 Bn | 12.81 Bn | 2.43 Bn |
| 6 | Equinor Asa | 105.71 Bn | 51.77 Bn | - | -22.18 Bn |
| 7 | Phillips 66 | 101.18 Bn | 90.17 Bn | 8.38 Bn | 47.07 Bn |
| 8 | Canadian Natural Resources | 99.04 Bn | 95.99 Bn | - | 114.95 Mn |
| 9 | Suncor Energy | 82.08 Bn | 67.87 Bn | - | 17.00 Mn |
| 10 | Baytex Energy | 3.47 Bn | 3.01 Bn | - | 12.50 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 12.50 Mn |
| Mar 31, 2026 | -22.96 Mn |
| Dec 31, 2025 | -85.71 Mn |
| Sep 30, 2025 | -84.99 Mn |
| Jun 30, 2025 | -22.68 Mn |
| Mar 31, 2025 | 280.82 Mn |
| Dec 31, 2024 | -78.88 Mn |
| Sep 30, 2024 | -167.12 Mn |
| Jun 30, 2024 | 2.35 Mn |
| Mar 31, 2024 | 17.79 Mn |
| Dec 31, 2023 | -164.87 Mn |
| Sep 30, 2023 | -23.21 Mn |
| Jun 30, 2023 | -48.44 Mn |
| Mar 31, 2023 | 143.37 Mn |
| Dec 31, 2022 | -104.34 Mn |
| Sep 30, 2022 | -110.14 Mn |
| Jun 30, 2022 | -18.85 Mn |
| Mar 31, 2022 | 100.95 Mn |
| Dec 31, 2021 | -95.36 Mn |
| Sep 30, 2021 | 13.30 Mn |
Baytex Energy Operating Expenses 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=operating-expenses&ticker=BTE&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "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=operating-expenses&ticker=BTE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();