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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 > Value of Tax Pools!
View:
Post by WanTBe1 on Dec 01, 2021 10:03am

Value of Tax Pools!

Does OBE have any tax pools and what would the value be.?
Comment by Kramerkarma on Dec 01, 2021 10:05am
$2.5B .... at least 10% very lowest. I say easily offset ARO. My question : is ARO tax write off?
Comment by Kramerkarma on Dec 01, 2021 12:51pm
Kavern what was that private company you though would be a good add? Was it rubbelite?
Comment by pennydredful on Dec 01, 2021 2:27pm
Tax pools  are  essential  worthless  as there is  an  over abundance  of   them  in the  patch. They   do  allow  companies   to  sell   D.   flow   thru  shares   as  they  have  excess  pools and this allows  them   to  ...more  
Comment by Tim14235 on Dec 01, 2021 2:55pm
They are worthless to companies to companies who already have them and not pay taxes The are worth something to companies that pay taxes, public or private • Unlikely to pay tax. BTE, CPG, MEG, OVV, and WCP have substantial tax pools and are unlikely to pay cash taxes before 2025. ERF will be taxable, but we do not expect the company to pay material taxes before 2025.   • Becoming ...more  
Comment by pennydredful on Dec 01, 2021 3:42pm
Royalty  cos.  not  allowed  to  use  these  pools , likewise    refineries ,  likewise  retail  gas  station  operators   ,  likewise  oilsands????????????    as   CRA    regards   these   as all  different   businesses  ...more  
Comment by Hendrick3 on Dec 01, 2021 4:17pm
OBE's are currently valuable because we are taxable without the pools at this stage. While they might be more valuable to someone who is taxable after making all their claims, the additional value is only the time value of money. 
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