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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 thetruth54on Sep 05, 2023 6:05pm
153 Views
Post# 35620811

RE:When China announces major stimulus program not if

RE:When China announces major stimulus program not ifOh I forgot to add that when that happens Loukas will come out with one of his charts and tell you how great the company is doing. But all long term Obe investors know the truth: horrendous valuation and no dividend is the legacy of Obe to date.  It is pretty sad when all you have as an investor is the hope that Obe gets bought out by some company who hopefully can do something with great assets. That doesn't even rate as a speculative investment. I would call that pathetic!
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