Baytex Energy (BTE) Operating Margin (2010 - 2026)
Baytex Energy (BTE) posted Operating Margin of 111.07% for Q4 2024, up 37.1% sequentially from 81.02% in Q3 2024, and down 161.0% YoY from 182.08% in Q1 2024.
Baytex Energy (BTE) Operating Margin (2010 - 2026) Analysis & Trends
Baytex Energy has reported Operating Margin for 12 years, with the latest figure at 111.07% in Q4 2024.
- Quarterly Operating Margin fell 161.0% year-over-year to 111.07% in Q4 2024, while the trailing twelve-month figure through Dec 2024 was 28286.31% (up 2822020.0% YoY) and the FY2025 annual result came in at 9.09%, down 5151.0% from the prior year.
- Operating Margin grew to 111.07% in Q4 2024 per BTE's latest filing, from 81.02% in the prior quarter.
- Over five years, Operating Margin peaked at 113.79% in Q4 2022 and troughed at 40.52% in Q1 2023.
- A 3-year average of 93.18% and a median of 105.53% in 2024 frame the typical range for Operating Margin.
- The sharpest annual moves came in 2023 and 2024: Operating Margin slumped 111 bps in 2023, then slumped 1897 bps in 2024.
- Over 3 years, Operating Margin stood at 113.79% in 2022, then decreased by 1 bps to 112.68% in 2023, then retreated by 1 bps to 111.07% in 2024.
- According to Business Quant data, Operating Margin over the past three periods registered 111.07%, 81.02%, and 112.68% for Q4 2024, Q3 2024, and Q4 2023 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 164.44 Bn | 156.75 Bn | 12.81 Bn | 53.17% |
| 2 | Canadian Natural Resources | 106.98 Bn | 105.09 Bn | 10.66 Bn | 84.71% |
| 3 | Eog Resources | 80.47 Bn | 75.56 Bn | - | 40.93% |
| 4 | Diamondback Energy | 59.28 Bn | 58.82 Bn | 5.55 Bn | 45.16% |
| 5 | Woodside Energy | 46.13 Bn | 40.18 Bn | 6.02 Bn | 91.41% |
| 6 | Devon Energy | 46.12 Bn | 45.11 Bn | 6.02 Bn | 32.14% |
| 7 | Occidental Petroleum | 39.25 Bn | 35.10 Bn | 7.73 Bn | 39.52% |
| 8 | Eqt | 33.67 Bn | 33.56 Bn | 1.42 Bn | 21.77% |
| 9 | Texas Pacific Land | 26.50 Bn | 26.25 Bn | - | 77.96% |
| 10 | Baytex Energy | 3.53 Bn | 3.01 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 71.84% |
| Jun 30, 2025 | 83.39% |
| Dec 31, 2024 | 111.07% |
| Sep 30, 2024 | 81.02% |
| Dec 31, 2023 | 112.68% |
| Sep 30, 2023 | 99.98% |
| Mar 31, 2023 | 40.52% |
| Dec 31, 2022 | 113.79% |
| Dec 31, 2019 | 218.18% |
| Dec 31, 2017 | -20.05% |
| Sep 30, 2017 | 29.90% |
| Jun 30, 2017 | 29.96% |
| Dec 31, 2016 | -6.05% |
| Sep 30, 2016 | 36.48% |
| Jun 30, 2016 | 41.52% |
| Sep 30, 2015 | 41.71% |
| Jun 30, 2015 | 52.11% |
| Mar 31, 2015 | 38.07% |
| Dec 31, 2014 | 105.35% |
| Sep 30, 2014 | 75.79% |