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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 32,000 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 in 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

Comment by kavern23on Jul 30, 2021 11:24am
55 Views
Post# 33632120

RE:RE:RE:Baffles Me

RE:RE:RE:Baffles MeWell yeah...Whitecap is kind of a crown jewel operator and get's the higher valuation metrics and Whitecap released Q2...is down 3%...




bullhorn3 wrote: David,
I think you are wrong. If you look at the SP of BTE after their quarterly results were announced, the SP went down, even though the quarterly results were not bad. The OBE results were also not bad, but the SP is going down. And the same story is true of almost all the O&G stocks. The slip in SP of OBE has nothing to do with management. And once WTI drops off a cliff, OBE's SP will drop a lot more, nothing to do with quarterly results, management or the phase of the moon. I am going to put you on "ignore", because I review the Bullboards to get information, not passion. Have a great day.


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