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Obsidian Energy Ltd T.OBE

Alternate Symbol(s):  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 around 35,700 barrels of oil equivalent (boe) per day. Its operating areas include Cardium, Peace River and Viking areas of Alberta. Its Cardium asset is a fully delineated and de-risked asset. It is focused on manufacturing repeatable low-decline and high-netback light-oil wells across its Cardium land base. The Viking is a light oil, horizontal development play located in central Alberta. Its operations are focused on the Esther area. Peace River is a stable, cold-flow, base production asset. It operates on a contiguous and an acreage within the heart of the Peace River Oilsands region.


TSX:OBE - Post by User

Bullboard Posts
Post by makedonkaon Jul 08, 2018 6:07pm
60 Views
Post# 28285742

Investing In OBE

Investing In OBE
Everyone has their own style/prefrence.
 
IE: Long/Short , either way, sometimes you win other times you lose.
 
However, It is my opinion/experience that one of the biggest downfalls in any situation is ARROGANCE... Those afflicted/blinded by it fall the hardest.
 
This stock  has not been for the week at the knees over the last few years, however, those that come on here and only comment in retrospect in order to make themselves appear  smarter than anyone one else are in permanent "hindsight" mode and offer no value to anyone here  looking to learn as "hindsight" is always "perfect".
 
Those looking to invest in this stock  should do your own DD as  with any other investment and chose a position according to your own personal investing style.
 
Note to Franko:
 
Remember the days of  Madinvestor1, (2, and 3 and his WIFE! Lol) Tondalaya, WhoLuLu, ChuckWagone (to name just a few)... And one of the most memorable moments in this BB's entire history? Lol.
 
The thing that comes to mind is this:
 
"Those that laugh last, laugh the loudest" 
 
"Patience is a virtue" and should never be underestimated.

One last thing:

Franko, is it time to hit the road again?!

>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>.

OBE:


"• Kick-started a disciplined growth story that is
well positioned for self funded 2019 cash flow
expansion
• Robust drill-ready portfolio focusing in Willesden
Green, allowing quick capitalization on
incremental free cash flow"


https://s3-ca-central-1.amazonaws.com/obsidian-media-library/obsidian-energy/corporate-website/current/wp-content/uploads/2018/06/04120002/2018-06-03-June-OBE-Corporate-Presentation-vF.pdf

 

Bullboard Posts