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 > Natural Gas

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Comment by TheRexmemberon May 03, 2022 4:45pm

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Post# 34652686

RE:RE:RE:Natural Gas

I call bullsh!t once again.

Kavern your grasp of the big picture is debatable, but seriously who cares anyway? This is a small cap stock with a market cap under 1 billion. What they do on a corporate level is far more important than macro economic issues.

Yeah oil prices go up and down.

this is a cheap stock, in a cheap sector with an expensive commodity.

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