BTE (Baytex Energy) Retained Earnings : $-2,485 Mil (As of Sep. 2024)

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

What is Baytex Energy Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Baytex Energy's retained earnings for the quarter that ended in Sep. 2024 was $-2,485 Mil.

Baytex Energy's quarterly retained earnings increased from Mar. 2024 ($-2,673 Mil) to Jun. 2024 ($-2,578 Mil) and increased from Jun. 2024 ($-2,578 Mil) to Sep. 2024 ($-2,485 Mil).

Baytex Energy's annual retained earnings increased from Dec. 2021 ($-3,259 Mil) to Dec. 2022 ($-2,440 Mil) but then declined from Dec. 2022 ($-2,440 Mil) to Dec. 2023 ($-2,673 Mil).

Baytex Energy Retained Earnings Historical Data

The historical data trend for Baytex Energy's Retained Earnings 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 Retained Earnings Chart

Baytex Energy Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

Get a 7-Day Free Trial

-2,540.48

-4,515.99

-3,258.54

-2,440.43

-2,673.07

Baytex Energy Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Retained Earnings	Get a 7-Day Free Trial															-2,174.26	-2,673.07	-2,673.41	-2,577.89	-2,484.50

Baytex Energy Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.

Baytex Energy (NYSE:BTE) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.

Baytex Energy Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Baytex Energy Corp (NYSE:BTE) » Definitions » Retained Earnings

Comparable Companies

Traded in Other Exchanges

B5X:Germany B5X:Germany BTE:Canada

Address

2800, 520 - 3rd Avenue SW, Centennial Place, East Tower, Calgary, AB, CAN, T2P 0R3

Website

https://www.baytexenergy.com

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.