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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 Helloworldon Dec 02, 2022 11:39pm
255 Views
Post# 35148235

RE:RE:How Much Longer

RE:RE:How Much LongerI have seen both large caps and Eric's stocks like ERF hold up pretty well over the last few weeks.. feel retail may be selling to ensure profits while larger entities buying.. they buy either large caps or what they already own.. seems the cardium players dont fit the bill and are getting hammered... cannot say wcs or oil pricing because a company like ATH which should be hammered with high wcs differential and lower wti has also held up pretty well.. whereas bne and ipo have no wcs exposure and are also getting hammered like obe
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