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Obsidian Energy Ltd T.OBE

Alternate Symbol(s):  OBE

Energy Oil & Gas E&P Energy
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

Obsidian Energy Ltd > Green light for stock buyback!!!
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Comment by thetruth54on May 31, 2023 9:32pm
86 Views
Post# 35474017

RE:RE:RE:RE:Green light for stock buyback!!!

RE:RE:RE:RE:Green light for stock buyback!!!You are absolutely right the 2nd quarter has always been the cash flow bonanza for Obsidian. The stock price is a steal right now. Loukas should be instructing them to buy tomorrow and everyday after as much as they can especially with the possibility of the Saudis and OPEC plus voting to cut production on Sunday. They should start loading up first thing tomorrow morning. Buy, Buy, Buy, Buy!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! 
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