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.

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Obsidian Energy Ltd > Baffles Me

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Comment by kavern23on Jul 30, 2021 2:33pm

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Post# 33632956

RE:RE:RE:RE:RE:Baffles Me

I shouldnt say I know sh*t about them.

One of the reason companies use these other programs instead of only stock options...is they help limit dilution vs 100% pure stock options.

YGR for example doesnt have these unit programs but on flip side they have 10% of shares outstanding in stock options....

These programs dont push cost out in future.

Is what it is. Does help on the total diluted.

kavern23 wrote: Hendrick3 or anyone else...I admitingly know sh*t about the management compensation plans.

My question is...does management have any financial incentive in these programs to "sandbag" future estimate numbers?

Like do they have incentive for the share price to go up later in 2021 then right now.

Hendrick3 wrote: I agree Kavern and accompanying the write up is an offsetting higher depletion cost of about $8 million a quarter by my calculation. Going forward with higher prices less that higher depletion, I think $30 million a quarter in earnings and about $60 million a quarter in FFO or earnings of 40 cents per share and FFO of 80 cents per share.