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Baytex Energy (Baytex Energy) Net Margin %

: -58.73% (As of Dec. 2023)
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Net margin is calculated as Net Income divided by its Revenue. Baytex Energy's Net Income for the three months ended in Dec. 2023 was $-466 Mil. Baytex Energy's Revenue for the three months ended in Dec. 2023 was $794 Mil. Therefore, Baytex Energy's net margin for the quarter that ended in Dec. 2023 was -58.73%.

The historical rank and industry rank for Baytex Energy's Net Margin % or its related term are showing as below:

BTE' s Net Margin % Range Over the Past 10 Years
Min: -250.03   Med: -7.79   Max: 86.37
Current: -6.9


BTE's Net Margin % is ranked worse than
76.28% of 974 companies
in the Oil & Gas industry
Industry Median: 4.235 vs BTE: -6.90

Baytex Energy Net Margin % Historical Data

The historical data trend for Baytex Energy's Net Margin % 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 Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.69 -250.03 86.37 29.62 -6.90

Baytex Energy Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Net Margin % 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 Premium Member Only Premium Member Only Premium Member Only 54.36 9.26 35.67 10.96 -58.73

Competitive Comparison

For the Oil & Gas E&P subindustry, Baytex Energy's Net Margin %, along with its competitors' market caps and Net Margin % 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 Net Margin % Distribution

For the Oil & Gas industry and Energy sector, Baytex Energy's Net Margin % distribution charts can be found below:

* The bar in red indicates where Baytex Energy's Net Margin % falls into.



Baytex Energy Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Baytex Energy's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin=Net Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=-173.939/2521.333
=-6.90 %

Baytex Energy's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin=Net Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=-466.48/794.212
=-58.73 %

* 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.


Baytex Energy  (NYSE:BTE) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Baytex Energy Net Margin % Related Terms

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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.

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