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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 Hendrick3on Feb 10, 2022 3:00pm
78 Views
Post# 34417778

RE:OBE v CPG

RE:OBE v CPGI was playing these two off each other when OBE first passed CPG. When I bought my first tranche of what seemed to be a struggling CPG stock, I did that same comparison. While I did make money on CPG, I sold my last shares today and bought my OBE shares back. For me the hedges are a big difference, the rest as you say is comparable although CPG FFO per share in 2021 has been less than OBE and that was before the hedges. Just so you know I did similar comparisons with WCP and OBE is much better on the fundamentals. I am solely in OBE 87% of portfolio and YGR at 13 % of portfolio. 
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