Baytex Energy (BTE) Operating Expenses (2009 - 2026)
Baytex Energy (BTE) posted Operating Expenses of $59.2 million for Q1 2026, down 92.91% sequentially from $835.3 million in Q4 2025, and up 12.47% YoY from $52.7 million in Q1 2025.
Baytex Energy (BTE) Operating Expenses (2009 - 2026) Analysis & Trends
Baytex Energy has reported Operating Expenses for 18 years, with the latest figure at $59.2 million in Q1 2026.
- Quarterly Operating Expenses rose 12.47% year-over-year to $59.2 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $1.1 billion (up 482.56% YoY) and the FY2025 annual result came in at $1.2 billion, changed 0.44% from the prior year.
- Operating Expenses fell to $59.2 million in Q1 2026 per BTE's latest filing, from $835.3 million in the prior quarter.
- Over five years, Operating Expenses peaked at $835.3 million in Q4 2025 and troughed at -$121.1 million in Q4 2023.
- A 5-year average of $109.5 million and a median of $88.9 million in 2023 frame the typical range for Operating Expenses.
- The widest YoY moves for Operating Expenses: up 900.97% in 2025, down 59.08% in 2025.
- Over 5 years, Operating Expenses stood at -$76.9 million in 2022, then plunged by 57.56% to -$121.1 million in 2023, then rose by 13.88% to -$104.3 million in 2024, then surged by 900.97% to $835.3 million in 2025, then tumbled by 92.91% to $59.2 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $59.2 million, $835.3 million, and $116.5 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 163.58 Bn | 155.89 Bn | 12.81 Bn | 2.43 Bn |
| 2 | Canadian Natural Resources | 106.40 Bn | 104.51 Bn | 10.66 Bn | 114.95 Mn |
| 3 | Eog Resources | 80.13 Bn | 75.23 Bn | - | 5.09 Bn |
| 4 | Diamondback Energy | 59.38 Bn | 58.92 Bn | 5.55 Bn | 3.05 Bn |
| 5 | Woodside Energy | 46.13 Bn | 40.19 Bn | 6.02 Bn | - |
| 6 | Devon Energy | 46.08 Bn | 45.07 Bn | 6.02 Bn | 5.03 Bn |
| 7 | Occidental Petroleum | 39.39 Bn | 35.24 Bn | 7.73 Bn | 4.55 Bn |
| 8 | Eqt | 33.83 Bn | 33.71 Bn | 1.42 Bn | 1.42 Bn |
| 9 | Texas Pacific Land | 26.37 Bn | 26.12 Bn | - | 54.24 Mn |
| 10 | Baytex Energy | 3.54 Bn | 3.02 Bn | - | 64.95 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 64.95 Mn |
| Mar 31, 2026 | 59.24 Mn |
| Dec 31, 2025 | 835.35 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 | -84.20 Mn |