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BTE

Baytex Energy Corp.

$3.07

Earnings Summary

Revenue
$892.68Mn
Net Profits
$103.9Mn
Net Profit Margins
11.64%

Highlights

Revenue:

Baytex Energy Corp.’s revenue jumped 49.09% since last year same period to $892.68Mn in the Q2 2024. On a quarterly growth basis, Baytex Energy Corp. has generated 15.18% jump in its revenue since last 3-months.

Net Profits:

Baytex Energy Corp.’s net profit fell -51.36% since last year same period to $103.9Mn in the Q2 2024. On a quarterly growth basis, Baytex Energy Corp. has generated 839.86% jump in its net profits since last 3-months.

Net Profit Margins:

Baytex Energy Corp.’s net profit margin fell -67.37% since last year same period to 11.64% in the Q2 2024. On a quarterly growth basis, Baytex Energy Corp. has generated 742.34% jump in its net profit margins since last 3-months.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Baytex Energy Corp. post its latest quarter earnings

EPS Estimate Current Quarter
0.14
EPS Estimate Current Year
0.14

Highlights

EPS Estimate Current Quarter:

Baytex Energy Corp.’s earning per share (EPS) estimates for the current quarter stand at 0.14 - a -12.5% fall from last quarter’s estimates.

EPS Estimate Current Year:

Baytex Energy Corp.’s earning per share (EPS) estimates for the current year stand at 0.14.

Key Ratios

Key ratios of the Baytex Energy Corp. post its Q2 2024 earnings

Earning Per Share (EPS)
0.13
Return on Assets (ROA)
-0
Return on Equity (ROE)
-0.1
Dividend Per Share (DPS)
0.02

Highlights

Earning Per Share (EPS):

Baytex Energy Corp.’s earning per share (EPS) fell -63.89% since last year same period to 0.13 in the Q2 2024. This indicates that the Baytex Energy Corp. has generated -63.89% annual rate of fall in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Baytex Energy Corp.’s return on assets (ROA) stands at -0.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Baytex Energy Corp.’s return on equity (ROE) stands at -0.1.

Dividend Per Share (DPS):

Baytex Energy Corp. declared 0.02 dividend per share during the earnings announcement for Q2 2024.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2024-03-31
0.12
-0.02
-116.67%
2024-07-30
0.16
0.13
-18.75%