Baytex Energy BTE
NYSE BTE
$5.41 +0.04 (+0.65%)
As of: Oct 21, 2026 · 3:59 PM EDT

Baytex Energy (BTE) Research & Development (2010 - 2026)

Updated

Baytex Energy's Research & Development came in at $585,569 for the quarter ended Jun 30, 2026, compared with -$457,000 a year earlier.

Analysis

Baytex Energy (BTE) Research & Development (2010 - 2026) Analysis & Trends

Over the trailing twelve months to Jun 30, 2026, Baytex Energy reported Research & Development of $3.27 million; for the year ended Dec 31, 2025, it was $3.96 million, up 596.1% from the prior year.

  • Going back by year, Research & Development was $568,981 in the year ended Dec 31, 2024 (-91.4%), $6.59 million in the year ended Dec 31, 2023 (-71.7%), $23.26 million in the year ended Dec 31, 2022 and -$15.21 million in the year ended Dec 31, 2021.
  • The five-year range for quarterly Research & Development is -$173.46 million (the quarter ended Sep 30, 2022) to $5.84 million (the quarter ended Dec 31, 2023).
  • Business Quant data shows BTE's Research & Development at -$665,000 (quarter ended Mar 31, 2026), $3.47 million (quarter ended Dec 31, 2025) and -$127,000 (quarter ended Sep 30, 2025) in the three quarters before the quarter ended Jun 30, 2026.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 ExxonMobil Holdings 743.20 Bn 699.68 Bn - 155.00 Mn
2 Chevron 447.03 Bn 419.15 Bn 33.45 Bn 256.00 Mn
3 Shell 310.50 Bn 240.25 Bn 30.13 Bn 277.00 Mn
4 TotalEnergies SE 198.52 Bn 79.10 Bn 61.77 Bn 95.00 Mn
5 Conocophillips 177.09 Bn 149.80 Bn 12.81 Bn 75.00 Mn
6 Equinor Asa 119.58 Bn 34.03 Bn - -189.00 Mn
7 Phillips 66 116.56 Bn 104.35 Bn 8.38 Bn -
8 Canadian Natural Resources 113.43 Bn 110.44 Bn 8.84 Bn -
9 Suncor Energy 96.25 Bn 82.00 Bn - -
10 Baytex Energy 4.15 Bn 2.40 Bn - 585,569.47
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 585,569.47
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 6.16 Mn
Jun 30, 2023 6.84 Mn
Mar 31, 2023 120,570.51
Dec 31, 2022 9.50 Mn
Sep 30, 2022 -6.57 Mn
Jun 30, 2022 -7.21 Mn
Mar 31, 2022 2.82 Mn
Dec 31, 2021 3.57 Mn
Sep 30, 2021 5.37 Mn
API Access

Baytex Energy Research & Development API

Pull this series into your own models, spreadsheets and apps with the Business Quant Historical Metrics API. The request below matches the chart above — change the frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.

https://data.businessquant.com/historic?slug=research-and-development&ticker=BTE&period=max&api_key=YOUR_API_KEY