Bullboard - Stock Discussion Forum Obsidian Energy Ltd OBE

Primary Symbol: T.OBE

Obsidian Energy Ltd. is a Canada-based exploration and production company. The Company operates in one segment, to explore for, develop and hold interests in oil and natural gas properties and related production infrastructure in the Western Canada Sedimentary Basin directly and through investments in securities of subsidiaries holding such interests. It has a portfolio of assets producing... see more

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TSX:OBE - Post Discussion

Obsidian Energy Ltd > Nov 6

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Post by kavern23 on Jan 17, 2024 11:43pm

Nov 6

If look at it, alot of these stocks started big drop on Nov 6th.
BTE is down like 33%
Obe is down like 28%

Same thing even for YGR or anyone really.

People need to stop blaming management teams as first thing.

Commodity price outlook after Nov 6 that sucked it down.

I like Obe outlook for 2024 alot more than BTE. Some of BTE viking from rainy river isnt that good when oil is under 75. Even the lloyd stuff so so.

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Comment by thetruth54 on Jan 18, 2024 11:03am

There you go again pumping. Excuses, excuses excuses. This stock has never been fairly valued in the 4 years since Loukas has been CEO period. Obe investors are not interested in excuses and failed plans non of which puts money in their pockets.Seven years ago Loukas himself valued Obe at more than $16 US. That is before the purchase of the balance of the Peace River and the debt reduction ...more

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