• Baytex Energy Corp.
  • BTE (TSX)
  • 4.84
  • Baytex Energy Corp.-0.06
  • Baytex Energy Corp.
  • BTE (NYSE)
  • 3.68
  • Baytex Energy Corp.-0.07
  • Baytex Energy Corp.
Baytex Energy Corp.

5-Year Historical Summary

  

Five-Year Historical Summary

Year Ended December 31,2015 2014  2013 2012 2011
FINANCIAL (thousands of Canadian dollars, except per common share or unit amounts)
Petroleum and natural gas sales 1,129,872   1,969,022 1,367,459    1,219,484  1,308,814
Funds from operations(1)  516,417  879,790  604,438  532,725  555,483
   Per share or unit - basic  2.61  5.91 4.88 4.44 4.79
   Per share or unit - diluted  2.61  5.91 4.82 4.37 4.67
Cash dividends or distributions declared(2)  96,624  301,118  237,663 215,184  205,960
   Per share or unit  0.80  2.64  2.64 2.64 2.42
Net income  (1,133,651)  (132,807) 164,845 258,631 217,432
   Per share or unit - basic  (5.72)  (0.89) 1.33 2.16 1.88
   Per share or unit - diluted  (5.72) (0.89)  1.32 2.12 1.83
Total monetary debt(1)  2,049,905  2,295,980 762,062  599,826  650,581
           
Operating netback (C$/boe)          
   Sales price 35.40   66.54 61.74 55.48 61.26
   Financial instruments gain (loss)  6.39 1.24  0.29 1.46 (0.10)
   Royalties  (7.81)  (15.35) (12.07) (9.85) (11.59)
   Operating expenses  (10.36)  (12.37)  (13.20)  (11.77)  (11.43)
   Transportation expenses  (1.72)  (2.93)  (3.85)  (4.22)  (3.46)
Operating netback  22.17  37.37 32.91 31.10 34.68
           
Capital expenditures          
   Exploration and development 521,039  766,070  550,900 418,625 367,848
   Acquisitions, net of dispositions  1,648  2,545,156 (39,082)  (170,936)  148,774
Total capital expeditures  522,687  3,311,226 511,818 247,689 516,622
           
OPERATING
Daily production          
   Light oil & NGL (bbl/d) 34,379   22,500 8,134 7,360 6,769
   Heavy oil (bbl/d)  34,974 45,022 42,064 39,447 35,252
   Total oil and NGL(bbl/d)  69,353 67,522 50,198  46,807 42,021
   Natural gas (mmcf/d)  91.8 65.2 42.0 43.1 48.7
   Oil equivalent (boe/d @6:1)(3)  84,648 78,395  57,196 53,986 50,132
Percent oil  82%  86%  88%  87% 84%
           
Proved plus probable reserves          
   Light oil & NGL (mmbbl) 164.9   154.1 59.3 48.4 51.9
   Heavy oil & Bitumen (mmbbl) 172.5   209.4 227.4 223.4 179.2
   Total oil (mmbbl)  337.4 363.5 286.7 271.8 231.1
   Natural gas (bcf)  475.2  408.8 188.6  118.6 126.4
   Oil equivalent (mmboe)(3)  416.6  431.6 318.1 291.6 252.2
           
FD&A costs (proved plus probable, including FDC) (C$/boe) 7.75   31.10 18.28 11.51 18.57
Recycle ratio (proved plus probable, including FDC) 2.1x   1.8x 1.8x 2.7x 1.9x
           
COMMON SHARE OR TRUST UNIT INFORMATION
   TSX          
      Share or Unit price (C$)          
         High 24.87  49.88  47.60 59.40 58.76
         Low  3.50  14.56  36.37 38.54 39.18
         Close  4.48  19.32  41.64 42.87 56.97
      Average daily volume traded  652,044  273,743 616,936 611,944 444,945
   NYSE          
      Share or Unit price (US$)          
         High  20.10  46.46  47.47 59.50 61.95
         Low  2.50  12.63 34.75 37.40 36.89
         Close 3.24   16.61 39.16 43.24 55.89
      Average daily volume traded  375,660 33,170  174,343  225,465 148,424
           
Common shares or units outstanding at December 31 (thousands) 210,583   168,107  125,392 121,868 117,893

 

(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, 2015.
(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.


Learn More

Understanding Heavy Oil