Obsidian Energy Ltd OBE

Primary Symbol: T.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.

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Obsidian Energy Ltd > Keep Loading up on Buybacks SL

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Comment by baranjaon Nov 12, 2024 4:07pm

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Post# 36308910

RE:Keep Loading up on Buybacks SL

It is those clowns excercising their options and dumping it. The clowns don't care for shareholdres. where is that buybacs? I dont' see any buyback.

Helloworld wrote: Dont really understand the dump of the last 2 days.

But company can keep buying a million shares a month and lower debt a little too. Eventually it will matter.

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