Baytex Energy (BTE) Research & Development (2010 - 2026)
Baytex Energy (BTE) posted Research & Development of $484921.8 for Q1 2026, down 86.04% sequentially from $3.5 million in Q4 2025, and up 550.29% YoY from $74570.1 in Q1 2025.
Baytex Energy (BTE) Research & Development (2010 - 2026) Analysis & Trends
Baytex Energy has reported Research & Development for 17 years, with the latest figure at $484921.8 in Q1 2026.
- Quarterly Research & Development rose 550.29% year-over-year to $484921.8 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $4.4 million (up 594.48% YoY) and the FY2025 annual result came in at $4.0 million, up 611.63% from the prior year.
- Research & Development eased to $484921.8 in Q1 2026 per BTE's latest filing, from $3.5 million in the prior quarter.
- Over five years, Research & Development peaked at $9.5 million in Q4 2022 and troughed at $13358.0 in Q1 2024.
- A 5-year average of $2.0 million and a median of $329822.6 in 2025 frame the typical range for Research & Development.
- The sharpest annual moves came in 2024 and 2025: Research & Development tumbled 99.63% in 2024, then jumped 16071.23% in 2025.
- Over 5 years, 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 surged by 16071.23% to $3.5 million in 2025, then plunged by 86.04% to $484921.8 in 2026.
- According to Business Quant data, Research & Development over the past three periods registered $484921.8, $3.5 million, and $92282.6 for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 163.55 Bn | 155.86 Bn | 12.81 Bn | 75.00 Mn |
| 2 | Canadian Natural Resources | 106.27 Bn | 104.37 Bn | 10.66 Bn | - |
| 3 | Eog Resources | 80.09 Bn | 75.19 Bn | - | 47.00 Mn |
| 4 | Diamondback Energy | 59.30 Bn | 58.83 Bn | 5.55 Bn | - |
| 5 | Devon Energy | 46.23 Bn | 45.22 Bn | 6.02 Bn | 16.00 Mn |
| 6 | Woodside Energy | 45.77 Bn | 39.83 Bn | 6.02 Bn | - |
| 7 | Occidental Petroleum | 39.39 Bn | 35.24 Bn | 7.73 Bn | 37.00 Mn |
| 8 | Eqt | 33.71 Bn | 33.60 Bn | 1.42 Bn | - |
| 9 | Texas Pacific Land | 25.43 Bn | 25.18 Bn | - | - |
| 10 | Baytex Energy | 3.55 Bn | 3.02 Bn | - | 585,569.47 |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 | 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 | 5.66 Mn |
| Mar 31, 2022 | 2.82 Mn |
| Dec 31, 2021 | 3.57 Mn |
| Sep 30, 2021 | -6.77 Mn |