Baytex Energy (BTE) Research & Development (2009 - 2026)
Baytex Energy (BTE) reported Research & Development of $484921.8 for Q1 2026, up 550.29% on a YoY basis from $74570.1 in Q1 2025, and down 86.04% sequentially from $3.5 million in Q4 2025.
Baytex Energy (BTE) Research & Development (2009 - 2026) Analysis & Trends
Baytex Energy (BTE) has 18 years of Research & Development data on file, last reported at $484921.8 in Q1 2026.
- For the quarter ending Q1 2026, Research & Development rose 550.29% year-over-year to $484921.8; the trailing twelve-month figure through Mar 2026 stood at $4.4 million (up 594.48% YoY), and the FY2025 full-year result was $4.0 million, up 596.12% from the prior year.
- Research & Development eased to $484921.8 in Q1 2026, from $3.5 million in the prior quarter.
- In the past five years, Research & Development ranged from a high of $121.4 million in Q1 2022 to a low of $13358.0 in Q1 2024.
- A 5-year average of $13.1 million and a median of $329822.6 in 2025 frame the typical range for Research & Development.
- Across the five-year window, Research & Development plunged 99.9% in 2023 and surged 16071.23% in 2025, its largest moves.
- Tracing BTE's Research & Development over 5 years: stood at $9.5 million in 2022, then plunged by 38.48% to $5.8 million in 2023, then slumped by 99.63% to $21475.5 in 2024, then surged by 16071.23% to $3.5 million in 2025, then sank by 86.04% to $484921.8 in 2026.
- Business Quant data shows BTE's Research & Development at $484921.8 in Q1 2026, $3.5 million in Q4 2025, and $92282.6 in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 141.43 Bn | 135.06 Bn | 9.48 Bn | 109.00 Mn |
| 2 | Eog Resources | 74.61 Bn | 70.76 Bn | - | 45.00 Mn |
| 3 | Diamondback Energy | 55.39 Bn | 55.39 Bn | 4.22 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 | 110.00 Mn |
| 6 | Eqt | 32.48 Bn | 32.37 Bn | 1.42 Bn | - |
| 7 | Texas Pacific Land | 27.36 Bn | 27.11 Bn | - | - |
| 8 | Devon Energy | 26.53 Bn | 24.72 Bn | 3.61 Bn | 25.00 Mn |
| 9 | Expand Energy | 21.67 Bn | 19.37 Bn | 4.21 Bn | 14.00 Mn |
| 10 | Baytex Energy | 3.10 Bn | 2.54 Bn | - | 484,921.79 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 484,921.79 |
| Dec 31, 2025 | 3.47 Mn |
| Sep 30, 2025 | 92,282.65 |
| Jun 30, 2025 | 329,822.61 |
| Mar 31, 2025 | 74,570.06 |
| Dec 31, 2024 | 21,475.47 |
| Sep 30, 2024 | 60,110.38 |
| Jun 30, 2024 | 474,510.22 |
| Mar 31, 2024 | 13,358.04 |
| Dec 31, 2023 | 5.84 Mn |
| Sep 30, 2023 | 305,085.56 |
| Jun 30, 2023 | 274,702.96 |
| Mar 31, 2023 | 120,570.51 |
| Dec 31, 2022 | 9.50 Mn |
| Sep 30, 2022 | 5.03 Mn |
| Jun 30, 2022 | 75.79 Mn |
| Mar 31, 2022 | 121.44 Mn |
| Dec 31, 2021 | 3.57 Mn |
| Sep 30, 2021 | 74.86 Mn |
| Jun 30, 2021 | -3.01 Mn |