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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 Helloworldon May 31, 2023 9:39pm
123 Views
Post# 35474022

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

RE:RE:RE:RE:RE:Green light for stock buyback!!!They did FFO of 94 million in Q1. That is monthly of 30 million currently roughly (q2 slightly lower than Q1 for pricing). Capex is likely about 20 million a month excluding April which is close to 0. Hence 10 million FCF a month going forward.. would bring net debt to about 250 million at YE.. 
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