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| 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 | -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 |