Obsidian Energy Ltd T.OBE

Buzz on the Bullboards: Bombardier, world woes, a smart fridge, and top shelf weed

[Jonathon Brown]

A highlight of the week was Bombardier (TSX:BBD), which reported impressive growth in its Q3 2024 results. read article.

[JohnJBond]

One of the reasons OBE is so cheap, applies to the sector as a whole.  The public has been engineered to believe oil is on the way out - going the way of the Dodo, or Yellow Pages. This was done

[uwebb429]

Edward seems like a smart guy. If Obsidian is good enough for Edward then it is good enough for me. Edward (Ed) H. Kernaghan Director - Toronto, Ontario   Mr. Kernaghan has over 15 years

[uwebb429]

Over the past 12 months, Obsidian Energy Ltd. shares were down about 25 per cent as of Nov. 6, lagging the S&P/TSX Capped Energy Index which was up slightly. Given Obsidian’s underperformance, it

[cherman]

And BTW, analysts price target is $14.67

[cherman]

I just compared this company to some other similar companies and I found that It's very undervalued and way oversold. Here are some numbers: Book value: 21.19 P/E: 5.3 P/S: 0.8 P/cash flow: 1.7

[baranja]

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.

[CoPilot99]

Actually NOT TRUE. A director just bought $1.2 mill worth of the stock on November 1. A few people exercised their $.56 options for some christmas money. Compre $1.2mil bought to a $300,000 sold. 

[startwitharoux]

One would think, but the exec's keep exercising opitions and selling and, by the way, it three years flat...

[Helloworld]

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. 

[JohnJBond]

You may not be able to see any FCF, however that doesn't mean its not there. FCF was about $28.2 million in Q3/24 FYI, thats how they paid down debt and bought shares!

[clamlinguine]

I don't see any FCF. I suppose they are expanding. When are they going to quit expanding and deliver FCF?

[JohnJBond]

Obsidian Energy Q3 reflections. On October 31, 2024, Obsidian Energy released their Q3/24 report.    These are my reflections. It takes a while to read a quarterly report.  I

[Helloworld]

Don't know how anyone sees Q3 earnings and decides to sell.  But OBE should have plenty of cash available to buyback at these prices.  Total Q4 capex probably in the 70-75 million

[tvstock]

at 65WTI , IP NAV AT 9.03, 2P 11.76. Accounting book value above 20(and increasing due to positive net income and buybacks), plus tax pools of around $5/sh; this is one of the most undervalued Cdn oil

[Betteryear2]

Higher third quarter funds flow from operations of $124.7 million ($1.64 per share) — a 34 percent increase over the third quarter of 2023 on a per share basis 2024 average production