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| Date | Value |
|---|---|
| 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 |