• Baytex Energy Corp.
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  • Baytex Energy Corp.
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  • Baytex Energy Corp.
Baytex Energy Corp.

5-Year Historical Summary

  

Five-Year Historical Summary

Year Ended December 31,2016 2015 2014  2013 2012
FINANCIAL (thousands of Canadian dollars, except per common share or unit amounts)
Petroleum and natural gas sales  780,095 1,121,424   1,969,022 1,367,459    1,219,484
Funds from operations(1) 276,251   516,417  879,790  604,438  532,725
   Per share or unit - basic  1.30  2.61  5.91 4.88 4.44
   Per share or unit - diluted  1.30  2.61  5.91 4.82 4.37
Cash dividends or distributions declared(2)  ---  96,624  301,118  237,663 215,184
   Per share or unit  ---  0.80  2.64  2.64 2.64
Net income  (485,184)  (1,142,880)  (132,807) 164,845 258,631
   Per share or unit - basic (2.29)   (5.77)  (0.89) 1.33 2.16
   Per share or unit - diluted (2.29)   (5.77) (0.89)  1.32 2.12
Total monetary debt(1)  1,773,541  2,049,905  2,295,980 762,062  599,826
           
Operating netback (C$/boe)          
   Sales price 30.29  35.40   66.54 61.74 55.48
   Financial instruments gain (loss) 3.81   6.39 1.24  0.29 1.46
   Royalties (7.00)   (7.81)  (15.35) (12.07) (9.85)
   Operating expenses  (9.46)  (10.36)  (12.37)  (13.20)  (11.77)
   Transportation expenses  (1.11)  (1.72)  (2.93)  (3.85)  (4.22)
Operating netback 16.53   21.90  37.37 32.91 31.10
           
Capital expenditures          
   Exploration and development  224,783 521,039  766,070  550,900 418,625
   Acquisitions, net of dispositions  (63,120)  1,648  2,545,156 (39,082)  (170,936)
Total capital expeditures  161,663  522,687  3,311,226 511,818 247,689
           
OPERATING
Daily production          
   Light oil & NGL (bbl/d) 30,726  34,379   22,500 8,134 7,360
   Heavy oil (bbl/d) 23,586   34,974 45,022 42,064 39,447
   Total oil and NGL(bbl/d)  54,312  69,353 67,522 50,198  46,807
   Natural gas (mmcf/d)  91.2  91.8 65.2 42.0 43.1
   Oil equivalent (boe/d @6:1)(3)  69,509  84,648 78,395  57,196 53,986
Percent oil  78%  82%  86%  88%  87%
           
Proved plus probable reserves          
   Light oil & NGL (mmbbl)  176.7 164.9   154.1 59.3 48.4
   Heavy oil & Bitumen (mmbbl) 145.5  172.5   209.4 227.4 223.4
   Total oil (mmbbl)  322.2  337.4 363.5 286.7 271.8
   Natural gas (bcf)  503.0  475.2  408.8 188.6  118.6
   Oil equivalent (mmboe)(3)  406.1  416.6  431.6 318.1 291.6
           
COMMON SHARE OR TRUST UNIT INFORMATION
   TSX          
      Share or Unit price (C$)          
         High  9.04 24.87  49.88  47.60 59.40
         Low  1.57  3.50  14.56  36.37 38.54
         Close  6.56  4.48  19.32  41.64 42.87
      Average daily volume traded 1,677,986   652,044  273,743 616,936 611,944
   NYSE          
      Share or Unit price (US$)          
         High  7.14  20.10  46.46  47.47 59.50
         Low  1.08  2.50  12.63 34.75 37.40
         Close  4.48 3.24   16.61 39.16 43.24
      Average daily volume traded  707,973  375,660 33,170  174,343  225,465
           
Common shares or units outstanding at December 31 (thousands) 233,449  210,583   168,107  125,392 121,868

 

(1) Funds from operations and total monetary debt are non-GAAP terms. For further explanation refer to the Management's Discussion and Analysis for the year ended December 31, 2016.
(2) Cash dividends or distributions declared are net of DRIP participation.
(3) Barrel of oil equivalent ("boe") amounts have been calculated using a conversion rate of six thousand cubic feet of natural gas to one barrel of oil.

  
  

Explore Our
Operations

Our operations are organized into Canadian Heavy Oil, Canadian Light Oil and Gas and United States business units.

Operations Map

Operations Map
Responsible Development

Baytex Energy’s Good Neighbour program is a company-wide program that focuses on being a welcomed neighbour in the communities in which we operate.

Good Neighbour Program

Understanding
Heavy Oil

Learn more about the
business of heavy oil in our marketing section.


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Understanding Heavy Oil