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
DateValue
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