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 around 35,700 barrels of oil equivalent (boe) per day. Its operating areas include Cardium, Peace River and Viking areas of Alberta. Its Cardium asset is a fully delineated and de-risked asset. It is focused on manufacturing repeatable low-decline and high-netback light-oil wells across its Cardium land base. The Viking is a light oil, horizontal development play located in central Alberta. Its operations are focused on the Esther area. Peace River is a stable, cold-flow, base production asset. It operates on a contiguous and an acreage within the heart of the Peace River Oilsands region.

TSX:OBE - Post by User

Obsidian Energy Ltd > Book Value

<< Previous

Bullboard Posts

Next >>

Comment by Hendrick3on Apr 16, 2021 11:49am

135 Views

Post# 33011152

RE:Book Value

Hang onto your hat but the NPV at 10% is:

$743 PP
$938 TP
$1189 TPP

less $470m of net debt

PP =$3.70 per share
TP= $$6.28 per share
TPP= $9.78 per share

please note that price deck on current reserve report has 2021 prices about 30% below current pricing.

this stock is way undervalued.

<< Previous

Bullboard Posts

Next >>

BMO evolves InvestorLine with enhanced tools for options trading