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Baytex Energy Corp T.BTE

Alternate Symbol(s):  BTE

Baytex Energy Corp. is a Canada-based energy company. The Company is engaged in the acquisition, development and production of crude oil and natural gas in the Western Canadian Sedimentary Basin and in the Eagle Ford in the United States. Its crude oil and natural gas operations are organized into three main operating areas: Light Oil USA (Eagle Ford), Light Oil Canada (Pembina Duvernay / Viking) and Heavy Oil Canada (Peace River / Peavine / Lloydminster). Its Eagle Ford assets are located in the core of the liquids-rich Eagle Ford shale in South Texas. The Eagle Ford shale covers approximately 269,000 gross acres of crude oil operations. Its Viking assets are located in the Dodsland area in southwest Saskatchewan and in the Esther area of southeastern Alberta. It also holds 100% working interest land position in the East Duvernay resource play in central Alberta.


TSX:BTE - Post by User

Bullboard Posts
Post by rayjd93on Dec 27, 2016 11:13pm
279 Views
Post# 25645778

BTE short position update on NYSE

BTE short position update on NYSEhttps://shortsqueeze.com/shortinterest/stock/BTE.htm


Shorts down a bit, but still a whopping 21.4M shares short.  Only 3.9M down from the 25.3M that were there before the OPEC deal was signed.

Shorts really holding on hoping for something to tank oil.  I have to give them credit for their resolve, but I think they may be in big big trouble, and if they finally want to bail, it could look at lot like when oil got comfortably over $5 USD back in June.
Bullboard Posts