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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 08, 2024 5:21pm
109 Views
Post# 36214010

RE:The truth54..time to truthen up…

RE:The truth54..time to truthen up…Moron read my past posts, I sold most of my Obe and made a few hundred thousand. But It was due to my investing skills not Loukas's Ceo skills. Oh by the way I sold most of that stock back in February and used the proceeds to buy NVDA. Not bad hey doodie! I still own some Obe shares. My cost basis is .46 presplit. US. 

I haven't lost a penny on Obe. But I am angry because this company has world class assets that have been mismanged by a novice incompetent Ceo namely Loukas. You don't have to lose money to be  disappointed by the management screwing up. There is a thing called opportunity loss which every Obe investor has experienced while  Loukas sucks up the rich compensation program he created  while not doing anything for Obe investors. No dividend and no shareholder value. Your defense of him shows just how pathetically stupid you are.  5 years as CEO and the stock is still a penny stock with no dividend and you defend his record. YOU ARE A MORON OR A PUMPER!!!!!!!!!!!!!!!!!!!!!!
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