GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Baytex Energy Corp (NYSE:BTE) » Definitions » Gross-Profit-to-Asset %

Baytex Energy (Baytex Energy) Gross-Profit-to-Asset % : 9.50% (As of Dec. 2023)


View and export this data going back to 2006. Start your Free Trial

What is Baytex Energy Gross-Profit-to-Asset %?

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. Baytex Energy's annualized Gross Profit for the quarter that ended in Dec. 2023 was $578 Mil. Baytex Energy's average Total Assets over the quarter that ended in Dec. 2023 was $6,086 Mil. Therefore, Baytex Energy's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was 9.50%.


Baytex Energy Gross-Profit-to-Asset % Historical Data

The historical data trend for Baytex Energy's Gross-Profit-to-Asset % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Baytex Energy Gross-Profit-to-Asset % Chart

Baytex Energy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.00 -1.81 14.65 21.07 12.48

Baytex Energy Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Gross-Profit-to-Asset % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 15.67 8.29 7.49 15.86 9.50

Competitive Comparison of Baytex Energy's Gross-Profit-to-Asset %

For the Oil & Gas E&P subindustry, Baytex Energy's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Baytex Energy's Gross-Profit-to-Asset % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Baytex Energy's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Baytex Energy's Gross-Profit-to-Asset % falls into.



Baytex Energy Gross-Profit-to-Asset % Calculation

Baytex Energy's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=581.379/( (3756.915+5561.219)/ 2 )
=581.379/4659.067
=12.48 %

Baytex Energy's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=578.416/( (6611.619+5561.219)/ 2 )
=578.416/6086.419
=9.50 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is four times the quarterly (Dec. 2023) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


Baytex Energy Gross-Profit-to-Asset % Related Terms

Thank you for viewing the detailed overview of Baytex Energy's Gross-Profit-to-Asset % provided by GuruFocus.com. Please click on the following links to see related term pages.


Baytex Energy (Baytex Energy) Business Description

Traded in Other Exchanges
Address
2800, 520 - 3rd Avenue SW, Centennial Place, East Tower, Calgary, AB, CAN, T2P 0R3
Baytex Energy Corp is an oil and gas company. Geographically, the group operates in Canada and the United States. The company derives a majority of revenue from Canada. Its Canada segment includes the exploration, development, and production of crude oil and natural gas in Western Canada.

Baytex Energy (Baytex Energy) Headlines