Baytex Energy Corp T.BTE

Alternate Symbol(s): BTE

Energy Oil & Gas E&P

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

Baytex Energy Corp > Not a bad move today

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Comment by Maxmoeon Apr 28, 2021 3:50pm

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Post# 33084661

RE:Not a bad move today

The most enjoyable aspect is the 10 million shares added by shorts late January to mid February in an attempt to hold it under $1. Oh how the bashers regaled us with their tales of woe and doom. Now , bammo, they stayed short and are under water $4 million. If they still have jobs, the next performance review will be harsh. Bahaha!

PUNJABI wrote: All oil stocks are trading higher and WTI has crossed $64. BTE is doing better than most oil stocks. Today it is one of the most active stocks and on the top gainer's list.

Has a decent volume of over 7 million already on Canadian exchanges.

The market book seems to have improved as some of the big blocks have been taken out. When the offered size drops below 100k shares at every price level then the stock will be able to move much faster. Still no price gaps in the market book and a few large sell orders.

Oil stock valuations are way behind as they are not pricing in the current oil prices and offer great value. The oil sector is still being ignored by investors. It may take time but once oil companies start announcing improved financial results it will attract investors.

There are over 25 million shares shorted. Some short covering will help the share price.

Short Positions for BTE

Symbol Report Date Volume Change Shares Issued % Float

T : BTE 2021-04-15 25,252,913 370,092 564,110,922 4.48

T : BTE 2021-03-31 24,882,821 -1,684,598 564,110,922 4.41

T : BTE 2021-03-15 26,567,419 898,707 561,227,367 4.73

T : BTE 2021-02-28 25,668,712 -102,715 561,227,367 4.57

T : BTE 2021-02-15 25,771,427 5,187,857 561,227,367 4.59

T : BTE 2021-01-31 20,583,570 5,488,985 561,227,367 3.67

T : BTE 2021-01-15 15,094,585 560,382 561,162,632 2.69

T : BTE 2020-12-31 14,534,203 -2,666,384 561,162,632 2.59

T : BTE 2020-12-15 17,200,587 -897,437 561,162,632 3.07

T : BTE 2020-11-30 18,098,024 517,758 561,162,632 3.23

T : BTE 2020-11-15 17,580,266 -816,037 561,162,632 3.13

T : BTE 2020-10-31 18,396,303 -1,367,948 561,162,632 3.28

T : BTE 2020-10-15 19,764,251 -118,059 561,162,863 3.52

House Positions for C:BTE from 20210428 to 20210428

House Bought $Val Ave Sold $Val Ave Net $Net

1 Anonymous 3,284,345 4,366,943 1.33 1,683,223 2,238,134 1.33 1,601,122 -2,128,809

33 Canaccord 780,700 1,050,650 1.346 303,925 406,266 1.337 476,775 -644,384

77 Peters 100,000 134,000 1.34 0 100,000 -134,000

39 Merrill Lynch 61,800 82,194 1.33 36,000 48,520 1.348 25,800 -33,674

124 Questrade 34,670 47,237 1.362 19,550 26,034 1.332 15,120 -21,203

57 Interactive 11,900 15,845 1.332 0 11,900 -15,845

14 ITG 10,000 13,400 1.34 0 10,000 -13,400

13 Instinet 22,000 29,140 1.325 12,014 15,988 1.331 9,986 -13,152

89 Raymond James 29,900 39,767 1.33 20,335 26,696 1.313 9,565 -13,071

143 Pershing 5,000 6,550 1.31 0 5,000 -6,550

70 Manulife 3,000 3,960 1.32 0 3,000 -3,960

212 Virtu 2,300 3,174 1.38 0 2,300 -3,174

59 PI 387 534 1.38 0 387 -534

84 Ind Trading 100 133 1.33 0 100 -133

5 Penson 50 65 1.30 19 26 1.368 31 -39

101 SG Capital 0 200 266 1.33 -200 266

36 Latimer 4,902 6,512 1.328 6,510 8,640 1.327 -1,608 2,128

53 Morgan Stanley 45,300 60,469 1.335 47,800 63,540 1.329 -2,500 3,071

80 National Bank 56,620 75,533 1.334 65,689 88,077 1.341 -9,069 12,544

72 Credit Suisse 2,400 3,192 1.33 13,200 17,676 1.339 -10,800 14,484

65 Goldman 0 18,600 24,685 1.327 -18,600 24,685

88 Credential 3,919 5,175 1.32 29,950 40,957 1.368 -26,031 35,782

9 BMO Nesbitt 1,203,358 1,586,821 1.319 1,337,556 1,762,424 1.318 -134,198 175,603

85 Scotia 87,178 117,070 1.343 320,533 430,285 1.342 -233,355 313,215

7 TD Sec 368,093 494,204 1.343 659,771 883,851 1.34 -291,678 389,647

19 Desjardins 7,819 10,280 1.315 347,705 462,396 1.33 -339,886 452,116

79 CIBC 1,288,950 1,723,671 1.337 1,732,230 2,312,387 1.335 -443,280 588,716

2 RBC 114,914 153,218 1.333 874,795 1,172,889 1.341 -759,881 1,019,671

TOTAL 7,529,605 10,029,737 1.332 7,529,605 10,029,737 1.332 0

Symbol	Report Date	Volume	Change	Shares Issued	% Float
T : BTE	2021-04-15	25,252,913	370,092	564,110,922	4.48
T : BTE	2021-03-31	24,882,821	-1,684,598	564,110,922	4.41
T : BTE	2021-03-15	26,567,419	898,707	561,227,367	4.73
T : BTE	2021-02-28	25,668,712	-102,715	561,227,367	4.57
T : BTE	2021-02-15	25,771,427	5,187,857	561,227,367	4.59
T : BTE	2021-01-31	20,583,570	5,488,985	561,227,367	3.67
T : BTE	2021-01-15	15,094,585	560,382	561,162,632	2.69
T : BTE	2020-12-31	14,534,203	-2,666,384	561,162,632	2.59
T : BTE	2020-12-15	17,200,587	-897,437	561,162,632	3.07
T : BTE	2020-11-30	18,098,024	517,758	561,162,632	3.23
T : BTE	2020-11-15	17,580,266	-816,037	561,162,632	3.13
T : BTE	2020-10-31	18,396,303	-1,367,948	561,162,632	3.28
T : BTE	2020-10-15	19,764,251	-118,059	561,162,863	3.52

House	Bought	$Val	Ave	Sold	$Val	Ave	Net	$Net
1 Anonymous	3,284,345	4,366,943	1.33	1,683,223	2,238,134	1.33	1,601,122	-2,128,809
33 Canaccord	780,700	1,050,650	1.346	303,925	406,266	1.337	476,775	-644,384
77 Peters	100,000	134,000	1.34	0		100,000	-134,000
39 Merrill Lynch	61,800	82,194	1.33	36,000	48,520	1.348	25,800	-33,674
124 Questrade	34,670	47,237	1.362	19,550	26,034	1.332	15,120	-21,203
57 Interactive	11,900	15,845	1.332	0		11,900	-15,845
14 ITG	10,000	13,400	1.34	0		10,000	-13,400
13 Instinet	22,000	29,140	1.325	12,014	15,988	1.331	9,986	-13,152
89 Raymond James	29,900	39,767	1.33	20,335	26,696	1.313	9,565	-13,071
143 Pershing	5,000	6,550	1.31	0		5,000	-6,550
70 Manulife	3,000	3,960	1.32	0		3,000	-3,960
212 Virtu	2,300	3,174	1.38	0		2,300	-3,174
59 PI	387	534	1.38	0		387	-534
84 Ind Trading	100	133	1.33	0		100	-133
5 Penson	50	65	1.30	19	26	1.368	31	-39
101 SG Capital	0		200	266	1.33	-200	266
36 Latimer	4,902	6,512	1.328	6,510	8,640	1.327	-1,608	2,128
53 Morgan Stanley	45,300	60,469	1.335	47,800	63,540	1.329	-2,500	3,071
80 National Bank	56,620	75,533	1.334	65,689	88,077	1.341	-9,069	12,544
72 Credit Suisse	2,400	3,192	1.33	13,200	17,676	1.339	-10,800	14,484
65 Goldman	0		18,600	24,685	1.327	-18,600	24,685
88 Credential	3,919	5,175	1.32	29,950	40,957	1.368	-26,031	35,782
9 BMO Nesbitt	1,203,358	1,586,821	1.319	1,337,556	1,762,424	1.318	-134,198	175,603
85 Scotia	87,178	117,070	1.343	320,533	430,285	1.342	-233,355	313,215
7 TD Sec	368,093	494,204	1.343	659,771	883,851	1.34	-291,678	389,647
19 Desjardins	7,819	10,280	1.315	347,705	462,396	1.33	-339,886	452,116
79 CIBC	1,288,950	1,723,671	1.337	1,732,230	2,312,387	1.335	-443,280	588,716
2 RBC	114,914	153,218	1.333	874,795	1,172,889	1.341	-759,881	1,019,671
TOTAL	7,529,605	10,029,737	1.332	7,529,605	10,029,737	1.332	0