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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 > OBE BREAKING OUT ?
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Post by thetruth54 on Apr 10, 2024 3:58pm

OBE BREAKING OUT ?

I have been an OBE shareholder well into the Penn West days. It has been so long since I have seen Obe rise like this in a down market after a hot inflation number that I can't remember when. Back to back up days. Follow through up days. Now this looks like it might  finally be a breakout that all Obe investors have been waiting for a long time. If it is a breakout  this stock has a long way to even get a glimpse at a fair valuation. While I certainly welcome any anal ysts outperform rating ie RBC $14 Cad doesn't even get close to what is a fair valuation is for this company. But for now I will take it. Go Obe!
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Obsidian Energy Ltd