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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 Aug 04, 2024 8:10pm
135 Views
Post# 36164098

RE:RE:RE:RE:Further reflections on Q2/2024

RE:RE:RE:RE:Further reflections on Q2/2024Listen doodie as in sh_ t. ,actually I had a dollar cost average of .46 US Pre split and have sold out almost all of my position. I made  a few hundred thousand dollars but that was due to my own investing skills. I have posted this a number of times in the past. But just because I made money doesn't  mean Loukas has not failed. You are another one of these know it all young Canadian punks with little to no net worth who live in alternative reality. Loukas is a failure by his own admission but schmucks like you don't even believe how he self describes his own failure. But here it is once again moron from Bloomberg back in 2017. Read it and weep a_ _ hole.

"Activist FrontFour to Push for Sale of Obsidian Energy
Hedge fund believes company could be worth C$3 a share
Shares of Calgary-based Obsidian have fallen 36% this year" 
By  Scott Deveau
December 12, 2017 at 5:02 PM EST
 
That means with the reverse split he believes OBE was worth $21C and that was before the Peace River deal. Obe closed at $8.81 C on Friday. Thats the facts jack a_ s.
 
I have sold most of my shares of Obe after Loukas's first quarters projections failed once again to come to fruition. Oh don't worry about me losing out on a potential upside swing in Obe. I used the proceeds to buy a little known stock at $685 pre split that is doing pretty well: NVDA. 
On 7/31 I posted this. Check it out clowney. That is if you can read.
 
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