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.

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Baytex Energy Corp > Shorted shares report just out...ending July 15

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Comment by BayStreetWolfTOon Jul 21, 2022 10:02am

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Post# 34840089

RE:Shorted shares report just out...ending July 15

Red, I expected this. A year ago I felt the appropriate short % relative to others should be around 10m shares (you will always have a short position!)

So I expect to drop a bit more.

As we continue to buyback shares and eliminate debt your will see that continue to drop.

That has been a good support for price at these levels.

Q2 we see the next step in the debt and how the shareholder returns progress is going.