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Obsidian Energy Ltd T.OBE

Alternate Symbol(s):  OBE

Energy Oil & Gas E&P Energy
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 > New Ray J report
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Comment by pennydredfulon Nov 26, 2021 12:28pm
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Post# 34169521

RE:RE:New Ray J report

RE:RE:New Ray J report
Correct.  The reason for the low   target   might  be   that  this  analyst  admitted  that   in the recent past   he   over estimated   their  problems  and  under estimated   their ability  to  overcome  them   so   Phychologically   it    is likely   instantly   difficult   to  make  a  180  degree  turn    in  one    step    so   I   suggest   that   as   good  results   unfold  he   will   be   able   to  raise  his  target  over    time.    Nevertheless   a  good  question   is    OBE   or   SGY    a  better  buy  today ? I  own  both   among  others   but  happen   to   own  more   SGY   as    OBE    is  a new name  just added   with  the 4.40   issue.  
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