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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

Comment by Chris007on Jul 20, 2021 10:54am
93 Views
Post# 33575060

RE:$3.400.18 | 5.59%

RE:$3.400.18 | 5.59%ENB is defintely not a bad name to park your money. For the most part, you don't really need to worry about waking up one more to some nasty surprise of it tanking 10-20%, like e&p stocks. The exception being, when it crashed with everything o&g related at the start of the covid pandemic. 

Also, yes, a generous dividend as well and very liquid.

Capital appreciation, not so much, but it is what it is...

NoMoneymoe4U wrote: to think this money could have still been sitting in enbridge stock today...lol
who was that poster laughing about my usage of enb, as a bank....nice and liquid, capital appreciation and nice divis......sweet.....glat



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