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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

Post by kavern23on Nov 29, 2021 1:26pm
196 Views
Post# 34176455

Moe...

Moe...Moe...Obe is about 65 cents below 52 week high if using 5.42 (one day spike and we closed at 5.35 that day)
But reality is OBE closed two days at 5.15.  Only 38 cents off of that.  With Covid scare.

Remember Vermillion 52 week high is 15 bucks...and it traded at this for a few days.  Vet is 12.50...still aways away.

Obe should win the race to a new 52 year high versus the two companies going forward.
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