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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 Oct 31, 2023 2:57pm
108 Views
Post# 35709778

RE:Obe's performance

RE:Obe's performanceWhat you posted is for the happy talkers,spin artists,pumpers, ineffective CEO's and people who confuse hope with investing. It is not for people who consider themselves investors. Investing is about one thing : making money! Investors in this stock invested in OBE not some index fund ,mutual fund etc.. 

Here are the facts: since Lokas is CEO which is about 4 years this stock is valued at around 40 % of its true value which is North of $20 US. Not one OBE investor can take any of the nonsense you post: with your spin, pumping, excuses, happy talk, hope strategy, company comparisons or anything else to the bank. Investing is about one thing: making money and Loukas has been ineffective in all 4 years in helping the OBE investors  make money. But he has made plenty of money for himself and filled his pockets with a generous compensation package. Those are the facts and the reality which you seem to have a problem with or choose to ignore because you don't understand investing or in a worst case you are outright pumper and or fraud. Time is running out for Mr. loukas to produce some shareholder value and at least  get OBE to a reasonable percentage of its true worth. Sorry but 40% of Obsidian's true worth does not cut it. If Loukas can do it I will be the firrst person to congratulate him. But the clock is ticking on Mr Loukas's tenure as CEO. Smart Obe investors have had enough of this horrendous valuation and lack of shareholder value. Those are the facts and that is the reality that you cannot deal with and seem to need to create some naratives to distort those facts and realty.
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