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

5-Year Historical Summary

  

Five-Year Historical Summary

Year Ended December 31, 20202019 201820172016 
FINANCIAL (thousands of Canadian dollars, except per common share or unit amounts)
Petroleum and natural gas sales 975,477   1,805,919  1,428,870 1,099,867   780,095
Adjusted funds flow(1)  311,506 902,426 472,983  347,641  276,251
   Per share - basic  0.56 1.62  1.35  1.48  1.30
   Per share - diluted  0.56 1.62  1.35  1.47 1.30
Net income  (2,438,964)  (12,459)  (325,309)  87,174  (485,184)
   Per share - basic (4.35)  (0.02) (0.93)   0.37 (2.29)
   Per share - diluted (4.35)   (0.02) (0.93)   0.37 (2.29) 
Net debt(1)  1,847,601 1,871,791   2,265,167  1,734,284  1,773,541
           
Operating netback (C$/boe)          
   Sales price 31.75   48.72 46.31  40.58  30.29
   Financial instruments gain (loss) 1.64   2.12 (2.49) 0.30 3.81 
   Royalties  (5.61)  (8.98) (10.68)   (9.43)  (7.00)
   Operating expenses  (11.35)  (11.16)  (10.61)  (10.50)  (9.46)
   Transportation expenses (0.97)   (1.23)  (1.26)  (1.33)  (1.11)
Operating netback  15.46 29.47 21.27  19.62  16.53
           
Capital expenditures          
   Exploration and development 280,340  552,291   495,721 326,266  224,783 
   Acquisitions, net of dispositions  (182) 2,180  1,603,850  59,857  (63,120)
Total capital expeditures  280,158 554,471   2,099,571  386,123 161,663
           
OPERATING
Daily production          
   Light oil & NGL (bbl/d) 44,396  53,816  39,009  30,520   30,726
   Heavy oil (bbl/d) 21,142  26,741  25,954   25,326 23,586
   Total oil and NGL(bbl/d) 41,469  80,557 64,963  55,846 54,312
   Natural gas (mmcf/d) 85.5   102.7  93.0 86.4 91.2
   Oil equivalent (boe/d @6:1)(2)  79,787  97,680  80,458  70,242 69,509 
Percent oil  82%  82%  81%  80%  78%
           
Proved plus probable reserves          
   Light oil & NGL (mmbbl) 260.9   285.1  280.3 188.0   176.7
   Heavy oil & Bitumen (mmbbl)  117.8  154.7 160.7 155.4   145.5
   Total oil (mmbbl)  378.7  439.8  441.0  343.4 322.2
   Natural gas (bcf)  497.9  538.2  513.5  531.1  503.0
   Oil equivalent (mmboe)(2) 461.7   529.5  526.7  432.0  406.1
           
COMMON SHARE INFORMATION
Common shares outstanding at December 31 (thousands)  561,227  558,305 554,060  235,451   233,449

 

(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, 2020.
(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.