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Bullboard - Stock Discussion Forum 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... see more

TSX:OBE - Post Discussion

Obsidian Energy Ltd > Q3 compairables
View:
Post by Kramerkarma on Nov 08, 2021 8:02pm

Q3 compairables

weirdly enough the closest income per share is MEG so far. ... bullish!
Comment by JohnJBond on Nov 08, 2021 8:07pm
I disagree. MEG earned $54 million or 17c per share in Q3 OBE earned $46.6 million or 62c per share in Q3 OBE earned 3.6X more per share in Q3 than MEG Thats not a comparable in my view.   
Comment by kavern23 on Nov 08, 2021 10:22pm
Cardinal is prob better comparable for a company. With MEG need to focus on steam oil ratio. Key thing to make that sh*t work on econmics. MEG seems to have really good land based on their ratios. Stellar almost I would say. Conventional drilling excites me so I avoid Meg 'er.  But I have looked at their land in detail and I used to know quite abit about their business and Sagd. Kramer ...more  
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