Baytex Energy (BTE) Research & Development (2009 - 2026)
Baytex Energy's (BTE) quarterly Research & Development came in at $484921.8 in Q1 2026, up 550.29% year-on-year from $74570.1 in Q1 2025, and down 86.04% quarter-over-quarter from $3.5 million in Q4 2025.
Baytex Energy (BTE) Research & Development (2009 - 2026) Analysis & Trends
Baytex Energy has disclosed Research & Development across 18 years of filings, most recently posting $484921.8 for Q1 2026.
- Research & Development for Q1 2026 came in at $484921.8, up 550.29% year-over-year; the trailing twelve-month figure through Mar 2026 was $4.4 million (up 594.48% YoY), and the FY2025 annual result was $4.0 million, up 611.63% from the prior year.
- Research & Development came in at $484921.8 for Q1 2026 at Baytex Energy, down from $3.5 million in the prior quarter.
- In the past five years, Research & Development ranged from a high of $7.2 billion in Q2 2022 to a low of $13358.0 in Q1 2024.
- The 5-year median for Research & Development is $3.5 million (2025), against an average of $1.1 billion.
- Across the five-year window, Research & Development jumped 477029.93% in 2022 and sank 99.99% in 2024, its largest moves.
- Baytex Energy's Research & Development stood at $9.5 million in 2022, then tumbled by 38.48% to $5.8 million in 2023, then sank by 99.63% to $21475.5 in 2024, then soared by 16071.23% to $3.5 million in 2025, then plunged by 86.04% to $484921.8 in 2026.
- The last three Research & Development figures came in at $484921.8 (Q1 2026), $3.5 million (Q4 2025), and $92282.6 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Woodside Energy | 630.08 Bn | 624.14 Bn | - | - |
| 2 | Canadian Natural Resources | 388.31 Bn | 388.31 Bn | 6.72 Bn | - |
| 3 | Conocophillips | 142.98 Bn | 136.61 Bn | 9.48 Bn | 109.00 Mn |
| 4 | Eog Resources | 72.93 Bn | 69.08 Bn | - | 45.00 Mn |
| 5 | Occidental Petroleum | 55.91 Bn | 52.73 Bn | 4.87 Bn | 110.00 Mn |
| 6 | Diamondback Energy | 54.95 Bn | 61.11 Bn | 4.22 Bn | - |
| 7 | Vista Energy, S.A.B. de C.V | 35.18 Bn | 34.56 Bn | 472.36 Mn | - |
| 8 | Eqt | 32.94 Bn | 36.28 Bn | 2.98 Bn | 430,000.00 |
| 9 | Vermilion Energy | 31.24 Bn | 31.05 Bn | 370.10 Mn | -316,475.27 |
| 10 | Baytex Energy | 308.45 | -552.64 Mn | - | 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 | 409.00 Mn |
| Jun 30, 2023 | 369.00 Mn |
| Mar 31, 2023 | 163.00 Mn |
| Dec 31, 2022 | 9.50 Mn |
| Sep 30, 2022 | 6.57 Bn |
| Jun 30, 2022 | 7.21 Bn |
| Mar 31, 2022 | 3.57 Bn |
| Dec 31, 2021 | 3.57 Mn |
| Sep 30, 2021 | 5.37 Mn |
| Jun 30, 2021 | 3.01 Mn |