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 > Q3

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Comment by CornInHerPusson Oct 07, 2021 11:33pm

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Post# 33987248

RE:RE:RE:RE:Q3

It feels weird to see so much optimism about the divi being reinstated.

I remember when the share price was sub 50c CAD, I don't think anyone was too optimistic about it then.I sure remember thinking that the cash I had put into it was gone and was just hoping they would have been able to sell Peace River so we could have a better fighting chance. How the wind has turned.

Personally, I'm not so much in a hurry to get a dividend from OBE... I would rather they be more aggressive with the debt and even share buyback (if the SP is still sub 7$ CAD).

But whatever happens/happens...

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From now on, dynaCERT instead of Bitcoin or NVIDIA?