• Baytex Energy Corp.
  • BTE (TSX)
  • Baytex Energy Corp.
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  • Baytex Energy Corp.
Baytex Energy Corp.

5-Year Historical Summary

  

Five-Year Historical Summary

Year Ended December 31,2017 2016 2015 2014  2013
FINANCIAL (thousands of Canadian dollars, except per common share or unit amounts)
Petroleum and natural gas sales  1,091,534  780,095 1,121,424   1,969,022 1,367,459 
Adjusted funds flow(1) 347,641  276,251   516,417  879,790  604,438
   Per share or unit - basic  1.48  1.30  2.61  5.91 4.88
   Per share or unit - diluted 1.47   1.30  2.61  5.91 4.82
Cash dividends or distributions declared(2) ---  ---  96,624  301,118  237,663
   Per share or unit  ---  ---  0.80  2.64  2.64
Net income  87,174  (485,184)  (1,142,880)  (132,807) 164,845
   Per share or unit - basic  0.37 (2.29)   (5.77)  (0.89) 1.33
   Per share or unit - diluted  0.37 (2.29)   (5.77) (0.89)  1.32
Net debt(1) 1,734,284   1,773,541  2,049,905  2,295,980 762,062
           
Operating netback (C$/boe)          
   Sales price  40.58 30.29  35.40   66.54 61.74
   Financial instruments gain (loss)  0.30 3.81   6.39 1.24  0.29
   Royalties  (9.43) (7.00)   (7.81)  (15.35) (12.07)
   Operating expenses  (10.50)  (9.46)  (10.36)  (12.37)  (13.20)
   Transportation expenses  (1.33)  (1.11)  (1.72)  (2.93)  (3.85)
Operating netback 19.62  16.53   21.90  37.37 32.91
           
Capital expenditures          
   Exploration and development 326,266   224,783 521,039  766,070  550,900
   Acquisitions, net of dispositions 59,857   (63,120)  1,648  2,545,156 (39,082)
Total capital expeditures 386,123   161,663  522,687  3,311,226 511,818
           
OPERATING
Daily production          
   Light oil & NGL (bbl/d) 30,520  30,726  34,379   22,500 8,134
   Heavy oil (bbl/d) 25,326  23,586   34,974 45,022 42,064
   Total oil and NGL(bbl/d)  55,846  54,312  69,353 67,522 50,198
   Natural gas (mmcf/d)  86.4  91.2  91.8 65.2 42.0
   Oil equivalent (boe/d @6:1)(3)  70,242  69,509  84,648 78,395  57,196
Percent oil  80%  78%  82%  86%  88%
           
Proved plus probable reserves          
   Light oil & NGL (mmbbl)  188.0  176.7 164.9   154.1 59.3
   Heavy oil & Bitumen (mmbbl)  155.4 145.5  172.5   209.4 227.4
   Total oil (mmbbl)  343.4  322.2  337.4 363.5 286.7
   Natural gas (bcf)  531.1  503.0  475.2  408.8 188.6
   Oil equivalent (mmboe)(3)  432.0  406.1  416.6  431.6 318.1
           
COMMON SHARE OR TRUST UNIT INFORMATION
   TSX          
      Share or Unit price (C$)          
         High 6.97   9.04 24.87  49.88  47.60
         Low  2.76  1.57  3.50  14.56  36.37
         Close  3.77  6.56  4.48  19.32  41.64
      Average daily volume traded  823,591 1,677,986   652,044  273,743 616,936
   NYSE          
      Share or Unit price (US$)          
         High  5.20  7.14  20.10  46.46  47.47
         Low  2.13  1.08  2.50  12.63 34.75
         Close  2.76  4.48 3.24   16.61 39.16
      Average daily volume traded 356,263   707,973  375,660 33,170  174,343
           
Common shares or units outstanding at December 31 (thousands)  235,451 233,449  210,583   168,107  125,392

 

(1) Adjusted funds flow and net debt are non-GAAP terms. For further explanation refer to the Management's Discussion and Analysis for the year ended December 31, 2017.
(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