BTE vs CNQ
Baytex Energy Corp. and Canadian Natural Resources Limited, side by side — 7 fiscal years reported in CAD, drawn from SEC filings.
At a glance
Most recent reported year
| Metric | BTE | CNQ |
|---|---|---|
| Revenue | CAD 1.5B | CAD 38.8B |
| Net income | CAD -603.8M | CAD 10.8B |
| Gross margin | — | — |
| Net margin | −40.8% | 27.9% |
| Return on equity | — | — |
| Diluted EPS | −CAD 0.78 | CAD 5.16 |
| Dividend / share | — | — |
| Payout ratio | −11.5% | 45.0% |
| Free cash flow | — | CAD 5.9B |
| Equity | — | — |
| Net debt / equity | — | — |
| Current ratio | 3.61× | 0.95× |
| Revenue CAGR 5y | 12.8% | 18.1% |
| Profit CAGR 5y | — | — |
CNQ bills 26.2× the revenue of BTE, and BTE closed the last reported year at a loss.
The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner.
Advertisement
AdSense · Leaderboard 728×90 · responsive
Revenue by year
7 years side by side
| Fiscal year | BTE | CNQ |
|---|---|---|
| FY2025 | CAD 1.5B | CAD 38.8B |
| FY2024 | CAD 1.6B | CAD 35.7B |
| FY2023 | CAD 2.7B | CAD 36.0B |
| FY2022 | CAD 2.3B | CAD 42.3B |
| FY2021 | CAD 1.5B | CAD 30.1B |
| FY2020 | CAD 811.7M | CAD 16.9B |
| FY2019 | CAD 1.5B | CAD 22.9B |
Net income by year
Bottom line
| Fiscal year | BTE | CNQ |
|---|---|---|
| FY2025 | CAD -603.8M | CAD 10.8B |
| FY2024 | CAD 236.6M | CAD 6.1B |
| FY2023 | CAD -233.4M | CAD 8.2B |
| FY2022 | CAD 855.6M | CAD 10.9B |
| FY2021 | CAD 1.6B | CAD 7.7B |
| FY2020 | CAD -2.4B | CAD -435.0M |
| FY2019 | CAD -12.5M | CAD 5.4B |
Advertisement
AdSense · Rectangle 336×280
More in this industry