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Bullboard - Stock Discussion Forum 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... see more

TSX:OBE - Post Discussion

Obsidian Energy Ltd > Expectations for third quarter results ?
View:
Post by Franman184 on Nov 07, 2022 1:52pm

Expectations for third quarter results ?

Pretty quiet here before earnings annoucement.
Comment by fortunefavorsus on Nov 08, 2022 9:06am
Lower production estimate and increased capital cost.  I suspect many companies may be dealing with similar issues.  Said wet conditions impacted average production.  I think some investors will worry there could be other issues but 4th should show improvement.
Comment by Hightowntrader on Nov 08, 2022 9:14am
Wet conditions?   That was a problem this year?
Comment by fortunefavorsus on Nov 08, 2022 9:40am
Still 4th quarter should be pretty good with the bad news out.  I wonder if they may be more receptive to a buyout?  I was in CPG due to their high light oil mix so missed this drop but picked some up at $8.65.
Comment by Moemoney42 on Nov 08, 2022 9:56am
Wow, what a gut punch this AM and way overdone IMO.. should reverse before the end of the day, assuming oil holds firm..??
Comment by David01montreal on Dec 28, 2022 12:35pm
This post has been removed in accordance with Community Policy
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