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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

Post by kavern23on Jun 04, 2024 8:12pm
207 Views
Post# 36072299

Share price

Share price Hard to gauge valuations right now with interest rates still very high compared to recent historics but isn't around 8 bucks range what peace river assets are in the 9.56 share price. Talking ratio wise as well over fluctuations in Obe share price.

Sense Obe started their peace river plans the market doesn't give much value to cardium or Viking assets.
Split at some point is hope to correct it.
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