Key Financials 2006-8  (Please Register for 2008 data)

All Financial Data in US Dollars.
Baytex Energy Corp. Data Growth
  2006 2007 2007
 Corporate Financials
  Key Financials
     Summary Income Statement (mln)
       Net Sales Revenues 492.1 703.1   +42.9%  
       EBITDA 270.9 300.7   +11.0%  
       EBITDA (normalised) 273.4 330.2   +20.8%  
       EBIT 136.0 122.1   -10.3%  
       EBIT (normalised) 138.5 151.6   +9.5%  
       EBITDAX 270.9 300.7   +11.0%  
       Pre-tax Profit 105.1 88.9   -15.4%  
       Net Income 130.0 125.2   -3.7%  
       Net Income (Normalised) 131.6 144.1   +9.5%  
 
     Balance Sheet Items (mln)
       Gross Debt -305.3 -439.7   +44.0%  
       Net (Debt) Cash -305.3 -439.7   +44.0%  
       Shareholders' Funds 408.4 633.9   +55.2%  
       Capital employed 713.7 1,073.5   +50.4%  
 
     Cash Flow Items (mln)
       Operating Cash Flow 231.6 270.0   +16.6%  
       Net Cash Flow before Financing 114.1 -110.2   n/a  
       Free Cash Flow 124.4 126.7   +1.8%  
 
     Per Share Data
       EPS Reported 1.78 1.56   -12.20%  
       EPS (Normalised) 1.80 1.80   -0.18%  
       Dividend per Share 1.91 2.04   +6.63%  
       Sales per Share 6.75 8.79   +30.22%  
       EBIT per Share 1.86 1.53   -18.21%  
       EBITDA per Share 3.71 3.76   +1.17%  
       Operating Cash Flow per Share 3.17 3.37   +6.27%  
       Op. Cash Flow per Share bef. working cap.changes 3.28 3.31   +0.87%  
       Book Value per Share 5.40 7.65   +41.76%  
 
     Key Ratios (%)
       Operating Margin 27.7% 17.6%   -36.2%  
       Net Margin 26.4% 17.8%   -32.6%  
       Effective Tax Rate 36.1% 36.1%   +0.0%  
       ROACE (pre-tax & pre non-recurring) % 19.7% 17.0%   -13.9%  
       Return on Equity 35.8% 24.9%   -30.4%  
       Net Debt to Equity 77.6% 71.8%   -7.4%  
 
     Valuation Measures
       Price Earnings Ratio (x) - Historic 10.7 12.4   +15.4%  
       Price Earnings Ratio (x) - Latest 0.8 1.0   +13.9%  
       EV/EBITDA (x) - Historic 6.5 7.0   +7.6%  
       EV/EBITDA (x) - Latest 8.9 8.0   -9.9%  
       Price to Op. Cash Flow (x) - Historic 6.0 5.7   -4.7%  
       Price to Op. Cash Flow (x) - Latest 3.6 3.1   -14.2%  
       Dividend Yield (%) - Historic 10.0% 10.5%   +5.3%  
       Dividend Yield (%) - Latest 128.3% 136.8%   +6.6%  
       Price to Book (x) - Historic 3.5 2.5   -28.6%  
       Price to Book (x) - Latest 0.3 0.2   -29.5%  
       Market Capitalisation - Historic (mln) 1,435.0 1,635.7   +14.0%  
       Market Capitalisation - Latest (mln) 827.4 827.4   +0.0%  
       Enterprise Value - Gross - Historic (mln) 1,755.0 2,097.0   +19.5%  
       Enterprise Value - Gross - Latest (mln) 2,399.8 2,399.8   +0.0%  
       Enterprise Value - Net - Historic (mln) 1,755.0 2,097.0   +19.5%  
       Enterprise Value - Net - Latest (mln) 2,399.8 2,399.8   +0.0%