Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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 Aug 04, 2024 10:35am
114 Views
Post# 36163830

RE:Further reflections on Q2/2024

RE:Further reflections on Q2/2024The problem with your posts is that you never met a Loukas strategy that you didn't like. I have seen your posts for a long time now. You are a fictional writer. I am an investor that likes non-fiction. You are  in denial of the failure of Loukas's many strategies that he has thrown up against the wall these past 5 years as he flounders as CEO. His lack of experience is evident to investors willing to admit that this guy does not know what he is doing. Your fictional projections have been as wrong as Loukas's strategy for a quite some time. You are in denial. This is common among poor investors who can't admit they made a mistake in their investment. The pain of losing money is too great so you just keep spinning and hoping. This is classic behavior of a poor investor. While you have some understanding of operations you do not understand that it is people specifically the CEO that drives a company's success or failure. So while you write your projections,spin and hope fiction over and over again through the years you ignore the one driving point that is holding back Obe: Loukas's incompetence. The real investors in the market have rendered their view of Loukas's lack of credibility which is reflected in the stock price. You are in complete denial  of the fact that he has been CEO for almost 5 years and Obe is still a penny stock presplit. Moreover, the Obe investors have no dividend and no shareholder value as reflected in the stock price: Obe- $6.37 US. Sorry but that is the truth whether you are willing to admit it or not.  
<< Previous
Bullboard Posts
Next >>