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 > OBE - TANKING

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Comment by Spanitoon Sep 22, 2022 1:13pm

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Post# 34979510

RE:RE:OBE - TANKING

Look at the Share price ,,, says it all. This was suppose to be a $15-$20 stock,
Yes you are right, time to move on. Better stocks to invest then this POS.

Spanito

arnolddiver wrote: Pretty simple. If u think this is a POS, sell it and move on. No one has a gun to your head to keep it. I addes to my position sept 8 at $7.80 usd. During that time the dow has gone down almost 2k points and obe is still above where I bought it. Holding up very welll, even compared to its peers. You must b a whiny person in real life.

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