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

Baytex Energy (BTE) reported Operating Expenses of $59.2 million for Q1 2026, up 12.47% on a YoY basis from $52.7 million in Q1 2025, and up 161.34% sequentially from -$96.6 million in Q4 2025.

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

Baytex Energy (BTE) has 18 years of Operating Expenses data on file, last reported at $59.2 million in Q1 2026.

  • For the quarter ending Q1 2026, Operating Expenses rose 12.47% year-over-year to $59.2 million; the trailing twelve-month figure through Mar 2026 stood at $195.3 million (up 0.95% YoY), and the FY2025 full-year result was $239.3 million, down 79.9% from the prior year.
  • Operating Expenses climbed to $59.2 million in Q1 2026, from -$96.6 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $143.4 million in Q1 2023 to a low of -$121.1 million in Q4 2023.
  • A 5-year average of $54.7 million and a median of $84.4 million in 2022 frame the typical range for Operating Expenses.
  • Across the five-year window, Operating Expenses jumped 201.64% in 2022 and plunged 59.08% in 2025, its largest moves.
  • Tracing BTE's Operating Expenses over 5 years: stood at -$76.9 million in 2022, then sank by 57.56% to -$121.1 million in 2023, then climbed by 13.88% to -$104.3 million in 2024, then increased by 7.39% to -$96.6 million in 2025, then jumped by 161.34% to $59.2 million in 2026.
  • Business Quant data shows BTE's Operating Expenses at $59.2 million in Q1 2026, -$96.6 million in Q4 2025, and $116.5 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Conocophillips 141.43 Bn 135.06 Bn 9.48 Bn 2.28 Bn
2 Eog Resources 74.61 Bn 70.76 Bn - 4.32 Bn
3 Diamondback Energy 55.39 Bn 55.39 Bn 4.22 Bn 4.12 Bn
4 Woodside Energy 41.28 Bn 35.34 Bn 2.71 Bn -
5 Occidental Petroleum 32.80 Bn 28.99 Bn 4.87 Bn 4.86 Bn
6 Eqt 32.48 Bn 32.37 Bn 1.42 Bn 60.22 Mn
7 Texas Pacific Land 27.36 Bn 27.11 Bn - 54.49 Mn
8 Devon Energy 26.53 Bn 24.72 Bn 3.61 Bn 3.64 Bn
9 Expand Energy 21.67 Bn 19.37 Bn 4.21 Bn 2.87 Bn
10 Baytex Energy 3.10 Bn 2.54 Bn - 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 -104.29 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 129.88 Mn
Jun 30, 2023 88.92 Mn
Mar 31, 2023 143.37 Mn
Dec 31, 2022 -76.86 Mn
Sep 30, 2022 84.45 Mn
Jun 30, 2022 84.26 Mn
Mar 31, 2022 79.55 Mn
Dec 31, 2021 -468.58 Mn
Sep 30, 2021 66.89 Mn
Jun 30, 2021 -82.90 Mn