Baytex Energy Corp
Baytex Energy Corp., an energy company, engages in the acquisition, development, and production of crude oil and natural gas in the Western Canadian Sedimentary Basin. It offers light oil and condensate, heavy oil, natural gas liquids, and natural gas. The company also holds 100% interest in Duvernay and Peace River properties in Alberta; and Lloydminster property in Alberta and Saskatchewan. Bay… Read more
Baytex Energy Corp (BTE) - Net Assets
Latest net assets as of December 2025: $2.39 Billion USD
Based on the latest financial reports, Baytex Energy Corp (BTE) has net assets worth $2.39 Billion USD as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($3.34 Billion) and total liabilities ($955.59 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $2.39 Billion |
| % of Total Assets | 71.41% |
| Annual Growth Rate | 17.92% |
| 5-Year Change | 7.95% |
| 10-Year Change | 20.62% |
| Growth Volatility | 90.44 |
Baytex Energy Corp - Net Assets Trend (1995–2025)
This chart illustrates how Baytex Energy Corp's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Baytex Energy Corp (1995–2025)
The table below shows the annual net assets of Baytex Energy Corp from 1995 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $2.39 Billion | -42.77% |
| 2024-12-31 | $4.17 Billion | +9.04% |
| 2023-12-31 | $3.83 Billion | +26.22% |
| 2022-12-31 | $3.03 Billion | +37.04% |
| 2021-12-31 | $2.21 Billion | +282.44% |
| 2020-12-31 | $578.21 Million | -80.38% |
| 2019-12-31 | $2.95 Billion | -3.54% |
| 2018-12-31 | $3.06 Billion | +59.56% |
| 2017-12-31 | $1.91 Billion | -3.24% |
| 2016-12-31 | $1.98 Billion | -18.04% |
| 2015-12-31 | $2.41 Billion | -3.68% |
| 2014-12-31 | $2.51 Billion | +95.46% |
| 2013-12-31 | $1.28 Billion | -1.30% |
| 2012-12-31 | $1.30 Billion | +7.68% |
| 2011-12-31 | $1.21 Billion | +17.27% |
| 2010-12-31 | $1.03 Billion | +1.68% |
| 2009-12-31 | $1.01 Billion | +9.13% |
| 2008-12-31 | $927.33 Million | +48.98% |
| 2007-12-31 | $622.46 Million | +30.68% |
| 2006-12-31 | $476.34 Million | +18.86% |
| 2005-12-31 | $400.74 Million | +1.34% |
| 2004-12-31 | $395.43 Million | -10.02% |
| 2003-12-31 | $439.46 Million | +22.18% |
| 2002-12-31 | $359.69 Million | +12.83% |
| 2001-12-31 | $318.78 Million | -15.96% |
| 2000-12-31 | $379.32 Million | +64.71% |
| 1999-12-31 | $230.30 Million | +6.87% |
| 1998-12-31 | $215.50 Million | -12.33% |
| 1997-12-31 | $245.80 Million | +214.32% |
| 1996-12-31 | $78.20 Million | +360.00% |
| 1995-12-31 | $17.00 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Baytex Energy Corp's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 341034.4% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $6.07 Billion | 254.18% |
| Other Comprehensive Income | $13.35 Million | 0.56% |
| Other Components | $397.36 Million | 16.65% |
| Total Equity | $2.39 Billion | 100.00% |
Baytex Energy Corp Competitors by Market Cap
The table below lists competitors of Baytex Energy Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Kennametal Inc
NYSE:KMT
|
$2.81 Billion |
|
Varonis Systems, Inc.
LSE:0VOU
|
$2.82 Billion |
|
Banca Mediolanum SpA
OTCGREY:BNMDF
|
$2.82 Billion |
|
New York Community Bancorp Inc
NYSE:NYCB
|
$2.82 Billion |
|
GoTo Gojek Tokopedia PT
JK:GOTO
|
$2.81 Billion |
|
Ningbo Ginlong Technologies Co Ltd Class A
SHE:300763
|
$2.81 Billion |
|
Atlanta Braves Holdings, Inc. Series A Common Stock
NASDAQ:BATRA
|
$2.81 Billion |
|
Changsha Jingjia Microelectronics Co Ltd
SHE:300474
|
$2.81 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Baytex Energy Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 4,171,010,000 to 2,387,102,081, a change of -1,783,907,919 (-42.8%).
- Net loss of 603,286,958 reduced equity.
- Dividend payments of 69,130,616 reduced retained earnings.
- Share repurchases of 29,396,024 reduced equity.
- Other comprehensive income decreased equity by 1,079,915,885.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-603.29 Million | -25.27% |
| Dividends Paid | $69.13 Million | -2.9% |
| Share Repurchases | $29.40 Million | -1.23% |
| Other Comprehensive Income | $-1.08 Billion | -45.24% |
| Other Changes | $-2.18 Million | -0.09% |
| Total Change | $- | -42.77% |
Book Value vs Market Value Analysis
This analysis compares Baytex Energy Corp's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.32x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 2.14x to 1.32x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1995-12-31 | $1.91 | $4.10 | x |
| 1996-12-31 | $2.88 | $4.10 | x |
| 1997-12-31 | $8.04 | $4.10 | x |
| 1998-12-31 | $6.29 | $4.10 | x |
| 1999-12-31 | $6.37 | $4.10 | x |
| 2000-12-31 | $8.28 | $4.10 | x |
| 2001-12-31 | $6.35 | $4.10 | x |
| 2002-12-31 | $6.76 | $4.10 | x |
| 2003-12-31 | $7.60 | $4.10 | x |
| 2004-12-31 | $7.23 | $4.10 | x |
| 2005-12-31 | $5.59 | $4.10 | x |
| 2006-12-31 | $5.96 | $4.10 | x |
| 2007-12-31 | $6.99 | $4.10 | x |
| 2008-12-31 | $9.62 | $4.10 | x |
| 2009-12-31 | $9.44 | $4.10 | x |
| 2010-12-31 | $8.91 | $4.10 | x |
| 2011-12-31 | $10.15 | $4.10 | x |
| 2012-12-31 | $10.67 | $4.10 | x |
| 2013-12-31 | $10.23 | $4.10 | x |
| 2014-12-31 | $16.83 | $4.10 | x |
| 2015-12-31 | $12.18 | $4.10 | x |
| 2016-12-31 | $9.32 | $4.10 | x |
| 2017-12-31 | $8.07 | $4.10 | x |
| 2018-12-31 | $8.69 | $4.10 | x |
| 2019-12-31 | $5.29 | $4.10 | x |
| 2020-12-31 | $1.03 | $4.10 | x |
| 2021-12-31 | $3.87 | $4.10 | x |
| 2022-12-31 | $5.37 | $4.10 | x |
| 2023-12-31 | $5.43 | $4.10 | x |
| 2024-12-31 | $5.21 | $4.10 | x |
| 2025-12-31 | $3.10 | $4.10 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Baytex Energy Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -25.27%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -40.77%
- • Asset Turnover: 0.44x
- • Equity Multiplier: 1.40x
- Recent ROE (-25.27%) is below the historical average (-8.10%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1995 | 4.71% | 12.90% | 0.21x | 1.76x | $-900.00K |
| 1996 | 5.50% | 27.39% | 0.16x | 1.27x | $-3.52 Million |
| 1997 | 4.48% | 8.89% | 0.28x | 1.81x | $-13.58 Million |
| 1998 | -17.82% | -37.54% | 0.25x | 1.92x | $-59.95 Million |
| 1999 | 6.12% | 11.74% | 0.29x | 1.82x | $-8.93 Million |
| 2000 | 11.54% | 15.30% | 0.35x | 2.19x | $5.86 Million |
| 2001 | -40.31% | -38.98% | 0.34x | 3.08x | $-160.39 Million |
| 2002 | 12.55% | 12.34% | 0.37x | 2.77x | $9.17 Million |
| 2003 | 8.68% | 10.85% | 0.37x | 2.18x | $-5.81 Million |
| 2004 | 3.60% | 3.27% | 0.38x | 2.89x | $-24.48 Million |
| 2005 | 20.59% | 14.60% | 0.49x | 2.85x | $41.08 Million |
| 2006 | 32.03% | 26.42% | 0.52x | 2.35x | $101.15 Million |
| 2007 | 22.10% | 21.47% | 0.44x | 2.34x | $72.74 Million |
| 2008 | 28.03% | 22.41% | 0.64x | 1.95x | $167.16 Million |
| 2009 | 8.65% | 12.78% | 0.36x | 1.86x | $-13.63 Million |
| 2010 | 17.26% | 17.50% | 0.50x | 1.99x | $74.73 Million |
| 2011 | 18.02% | 16.61% | 0.53x | 2.04x | $96.76 Million |
| 2012 | 19.90% | 25.23% | 0.40x | 1.95x | $128.69 Million |
| 2013 | 12.85% | 14.78% | 0.41x | 2.10x | $36.60 Million |
| 2014 | -5.30% | -8.68% | 0.25x | 2.49x | $-383.48 Million |
| 2015 | -46.95% | -100.33% | 0.21x | 2.27x | $-1.38 Billion |
| 2016 | -24.52% | -62.20% | 0.17x | 2.32x | $-683.08 Million |
| 2017 | 4.55% | 7.99% | 0.25x | 2.28x | $-104.31 Million |
| 2018 | -10.65% | -22.77% | 0.22x | 2.09x | $-630.85 Million |
| 2019 | -0.42% | -0.69% | 0.31x | 2.01x | $-307.18 Million |
| 2020 | -421.81% | -250.03% | 0.29x | 5.89x | $-2.50 Billion |
| 2021 | 72.97% | 86.37% | 0.39x | 2.19x | $1.39 Billion |
| 2022 | 28.23% | 29.62% | 0.57x | 1.68x | $552.56 Million |
| 2023 | -6.10% | -6.90% | 0.45x | 1.95x | $-615.86 Million |
| 2024 | 5.67% | 5.62% | 0.54x | 1.86x | $-180.50 Million |
| 2025 | -25.27% | -40.77% | 0.44x | 1.40x | $-842.00 Million |
Industry Comparison
This section compares Baytex Energy Corp's net assets metrics with peer companies in the Oil & Gas E&P industry.
Industry Context
- Industry: Oil & Gas E&P
- Average net assets among peers: $1,751,793,864
- Average return on equity (ROE) among peers: -1.48%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Baytex Energy Corp (BTE) | $2.39 Billion | 4.71% | 0.40x | $2.81 Billion |
| Advantage Energy Ltd. (AAVVF) | $1.33 Billion | 0.83% | 0.33x | $922.80 Million |
| ADX Energy Ltd (ADXRF) | $4.37 Million | -14.30% | 0.01x | $9.58 Million |
| ARC Resources Ltd. (AETUF) | $3.40 Billion | 7.09% | 0.69x | $10.30 Billion |
| Aminex PLC (AEXFF) | $7.53 Million | -11.90% | 0.27x | $77.17 Million |
| Aker BP ASA (AKRBF) | $12.69 Billion | 14.40% | 2.32x | $6.29 Billion |
| Arkanova Energy Corporation (AKVA) | $-35.51K | 0.00% | 0.00x | $4.92K |
| Allied Resources Inc (ALOD) | $2.39 Million | -3.81% | 0.14x | $428.76K |
| Altex Industries Inc (ALTX) | $2.60 Million | -10.61% | 0.15x | $1.08 Million |
| Alvopetro Energy Ltd (ALVOF) | $66.14 Million | -10.76% | 0.04x | $117.02 Million |
| AMEN Properties Inc (AMEN) | $15.55 Million | 14.30% | 0.08x | $4.94 Million |