Baytex Energy Corp T.BTE

Short position Energy sector

[red2000]

Below, the list of the 15 companies in the energy sector which had the most shares uncovered as of June 30, 2021

Security Issue Name	Symbol	No.Shares	Net Change	change %
ENBRIDGE INC.	ENB	72 841 579	(3 263 341)	-4,3%
TC ENERGY CORPORATION	TRP	33 729 213	(594 515)	-1,7%
BAYTEX ENERGY CORP.	BTE	25 056 904	(210 977)	-0,8%
PEMBINA PIPELINE CORPORATION	PPL	22 341 216	1 725 653	8,4%
CRESCENT POINT ENERGY CORP.	CPG	21 153 250	(1 354 507)	-6,0%
INTER PIPELINE LTD.	IPL	19 496 379	1 553 495	8,7%
GRAN TIERRA ENERGY INC. J	GTE	18 379 363	14 215	0,1%
SUN LIFE FINANCIAL INC.	SLF	18 059 780	1 391 027	8,3%
CENOVUS ENERGY INC.	CVE	17 345 719	926 858	5,6%
ARC RESOURCES LTD.	ARX	15 980 261	(1 170 664)	-6,8%
SUNCOR ENERGY INC.	SU	11 421 871	(1 322 219)	-10,4%
KELT EXPLORATION LTD. J	KEL	9 153 853	(90 814)	-1,0%
BIRCHCLIFF ENERGY LTD.	BIR	8 052 443	(1 996 337)	-19,9%
CANADIAN NATURAL RESOURCES LIMITED	CNQ	7 659 993	(2 878 117)	-27,3%
IMPERIAL OIL LTD.	IMO	5 265 702	118 685	2,3%

[topdown99]

Should be a tsunami of buying when those shorts start to cover . They are stubbornly holding on but for how long ?

[DrNo1962]

BTE is the most shorted 'small' O&G out there. And has lagged in performance with O&G recovery relative to peers. The torque with BTE is huge. Earnings on the 29th - complete w/ comprehensive Clearwater update - will help bust these shorts IMO. Patience. Accumulate.

[Maxmoe]

It's "lagged" depends on when you bought it. If you paid 29, it's up 8X and outperformed most of the others. Since 29 it's "lagged" several times. Sometimes for weeks. But there have been several sharp outperformance periods as well.

[Antonyius]

Yeah can't wait the q2 and q3 results come out and the shorts have to close out their positions. On a side note, nice to see the shorts backing off on cnq. If they can make money in Q3 and Q4 of 2020, they're gonna make a killing now. They're slated to make over a billion on just thermal production this quarter. I think bte has the better upside potential though just based on how many