Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 Feb 14, 2022 10:39pm
101 Views
Post# 34428631

RE:RE:RE:RE:OBE the only stock moving today in the oil patch

RE:RE:RE:RE:OBE the only stock moving today in the oil patchNo man...stockhouse does nothing to shareprices.

I am not saying I am right...I just saying I have the same "gut feeling" I did in august of 2008 before the financial collapse of Sept 2008 and I didn't listen to my guy that time and I p*ssed away profits back in 2008.

I am serious back then I would question with my friends how logical it was for someone working at walmart in minnesota to be buying a home with a big mortage....the data was there before the 2008 financial collaspe....the problem is nobody questioned anything and just listend to the analysts.  Lots of analysts dont have the right motive and have an agenda.

I dont have an agenda.

I don't want to waste the profits I made in 2021.

When oil flips the opppsite way of "too much" supply...it can take 1 -2 years of sub 60 oil too correct.

No saying anyone should sell OBE shares at all.

Just a person should really be watching things closely right now...with Covid ending this is a tricky period.

Governments dont have the tool to stimulate like they did in 2021 and 2020 if the economy ever goes south.

masfortuna wrote: I would agree.  At least 1 year is what I am giving it before I consider any possible supply correction.  I think Kavern is just trying to get cheap shares.  He does flip his ahares of OBE and I suspect that he flipped them at the last high.


<< Previous
Bullboard Posts
Next >>