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 May 01, 2022 1:52am
96 Views
Post# 34645603

RE:RE:RE:RE:RE:RE:RE:RE:RE:Chevron and Exxon results

RE:RE:RE:RE:RE:RE:RE:RE:RE:Chevron and Exxon results I am not drinking kool aid at all...a person can still be an oil and gas investor and acknowledge times are changin fast.

Remember it is no what I think or you think...it is what the governments want.  They hold the power and can influence citizen behaviour.
All of Europe is pushing EV's.  They will make up lost tax revenues in other ways but they are eager to drop using gasoline and diesel as much as possible.

Europe imports like 95% of their oil in most places. With power they have options of burning coal to nuclear to burning ng to bimass...for soveingn they want off oil and policy is pushing that.



Hightowntrader wrote:
cosinus180 wrote: A well maintained gas powered vehicle can last an easy ten, 15 years and then some. An electric vehicle will give you, what eight years? Factor in the difference in price when new and you'll quickly find that the end cost is probably in favor of the gas powered vehicle. Factor in the pollution created by making electricity, making the battery, not to mention the depletion of rare ressources, recycling (if possible) the dead batteries, production of plastic and disposal of plastic or whatever a Tesla car is made of and humans will soon find out that the current model for electric vehicles isn't the answer to the greenhouse effect. A 8 year old Tesla is worth about 0$. An 8 year old f150 with 280000km is still worth anywhere between 12k-25k.
kavern23 wrote: Think of it this way...what does a Camry gas tank hold...60 litres...an Altima like 70 Litres...
So let's go with average mid size car at 65 litre gas tank.....

If you communte to work and use 4 tanks a month that is 260 litres....

At 2 bucks which is coming for BC and Ontario...that 520 dollars a month in gas.....


If you charge at home...about 10 dollars a charge.  Even if range is shorter...70-80 bucks a month in power vs 520 right now.

For anyone that puts on alot of mileage to work daily...EVS will make sense when they are avaible and own your own garage.

 


Quit drinking the Koolaid...

They WILL start charging the road tax that EV's are currently side stepping.  Gasoline sales and their associated taxes start going down, and the Government is sure as hell going to start looking for those easy dollars...

Quit being naive.





<< Previous
Bullboard Posts
Next >>