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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 > Today...
View:
Post by kavern23 on May 09, 2022 11:39am

Today...

Well she finally broke 9 bucks....

Anyone buy today?

As OBE is not refinanced yet, I think I can wait and get under 8.50 or even lower...if oil continues too drop.

In theory oil drops should be effecting OBE worse then peers and it is....

Not need to change course....patienance.

GL all
Comment by JohnJBond on May 09, 2022 1:24pm
Yes I am buying today.
Comment by JohnJBond on May 09, 2022 1:51pm
Currently prices at 1.3-1.4X annualized present cash day cash flow.    Pretty hard to pass on that.
Comment by Mickey2 on May 09, 2022 2:11pm
Let me know when you buy Kavern, i'll add with you.
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