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

5-Year Historical Summary

  

Five-Year Historical Summary

Year Ended December 31, 20212020 201920182017 
FINANCIAL (thousands of Canadian dollars, except per common share or unit amounts)
Petroleum and natural gas sales 1,868,195  975,477  1,805,919  1,428,870   1,099,867
Adjusted funds flow(1) 745,628  311,506 902,426  472,983  347,641
   Per share - basic  1.32 0.56 1.62 1.35 1.48
   Per share - diluted  1.30 0.56 1.62 1.35 1.47
Net income 1,613,600  (2,438,964)  (12,459)  (325,309)  87,174
   Per share - basic 2.86 (4.35) (0.02) (0.93) 0.37
   Per share - diluted 2.82   (4.35)  (0.02) (0.93) 0.37 
Net debt(1) 1,409,717 1,847,601  1,871,791 2,265,167 1,734,284
           
Operating netback (C$/boe)          
   Sales price 60.93 31.75  48.72 46.31  40.58
   Financial instruments gain (loss) (6.30) 1.64 2.12 (2.49) 0.30 
   Royalties (11.59) (5.61) (8.98)  (10.68) (9.43)
   Operating expenses (11.72)  (11.35)  (11.16) (10.61)  (10.50)
   Transportation expenses (1.10)   (0.97)  (1.23) (1.26)   (1.33)
Operating netback 30.22 15.46 29.47  21.27  19.62
           
Capital expenditures          
   Exploration and development 313,303  280,340   552,291 495,721  326,266
   Acquisitions, net of dispositions (6,247)  (182) 2,180 1,603,850 59,857
Total capital expeditures 307,056  280,158  554,471  2,099,571 386,123
           
OPERATING
Daily production          
   Light oil & NGL (bbl/d) 43,033 44,396  53,816  39,009   30,520
   Heavy oil (bbl/d) 22,188 21,142  26,741   25,954  25,326
   Total oil and NGL(bbl/d) 65,221  65,538  80,557  64,963 55,846
   Natural gas (mmcf/d) 89.6   85.5  102.7 93.0 86.4
   Oil equivalent (boe/d @6:1)(2) 80,156  79,781  97,680  80,458 70,242 
Percent oil  82%  82%  82%  81% 80%
           
Proved plus probable reserves          
   Light oil & NGL (mmbbl) 243.9   260.9  285.1 280.3   188.0 
   Heavy oil & Bitumen (mmbbl) 126.4   117.8 154.7 160.7   155.4
   Total oil (mmbbl) 370.3   378.7  439.8  441.0 343.4
   Natural gas (bcf) 483.2   497.9  538.2  513.5  531.1
   Oil equivalent (mmboe)(2) 450.8   461.7  529.5  526.7  432.0
           
COMMON SHARE INFORMATION
Common shares outstanding at December 31 (thousands) 564,213   561,227 558,305  554,060   235,451

 

(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.
(2) 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.