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 > Black Friday winners!

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Comment by kavern23on Nov 29, 2021 1:52pm

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Post# 34176600

RE:RE:RE:RE:RE:Black Friday winners!

Nice job!

I can't do much until tomorrow morning brings margin reset.

Looking to add these three for flip trades:
IPCO under 6.35....sell 6.90-7.10
YGR under 1.55...sell at 1.70-1.75
PHX under 4.40...sell 4.80-5...most likely thing do tomorrow at this point

And if OBE is under 4.86 I will add for the pile. Over 4.90 is when I need to think more on adds.

Kramerkarma wrote:
didn't sell any. It's dipping again. Notice the $ is at 1.28 and oil is up .... there supposed to do opposite so if oil drops again well have a 1.3 saftey net ... more and more bullish

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