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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 kavern23on Nov 19, 2021 1:01pm
109 Views
Post# 34146415

RE:RE:RE:PROP

RE:RE:RE:PROPThe irony today is our 4.40 share financing may have saved OBE from 4.35 today...it looked like we had buyers come at 4.40 and support.

Obe was down like to 4.42 on like 30000 shares traded....low volume and it appeared like 4.35 was in the cards today.

I would take lol a 4.52 close today. WTI just got a hammering.

Obe is still fine. And this time I have better bankroll management, not close to margin calls.

Just riding it out.


Kramerkarma wrote:
oils dropping due to covid fears found an amazing chart on Twitter looks like bound for $72-75 based on last wave. This one should be better covid pills and Vax but could be worse winter. Anyways I'm burnt and will look to add based on the severity. I doubt the Chinese are afforded any wiggle room on the deal now. Also hedges and FX is helping alot ... just time for ever waiting for a realistic market lol. Mabey my tfsa add will be low for me and the wife. Heard it's 6k per tfsa


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