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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’s principal business consists of the exploration, development and production of petroleum resources. The Company is mainly focused on the Peace River asset. The Peace River is a stable, cold-flow heavy oil Bluesky resource with Clearwater upside within the Peace River Oilsands region. It has full ownership in a large, contiguous 680 section area of land at Peace River. It has a production base of approximately 30,000 boe/d with the Peace River and is its largest asset as it grows its Clearwater and Bluesky production and establishes new fields in the area. Its other assets include Willesden Green and Viking light oil assets. It also has non-operated holdings in the Pembina Cardium Unit #11.


TSX:OBE - Post by User

Comment by kavern23on May 15, 2025 10:51pm
45 Views
Post# 36576009

RE:RE:RE:What happened to your big 2 day oil rally?

RE:RE:RE:What happened to your big 2 day oil rally?

Dude...I am doing the obvious and common sense...not about being smart,
more money to be made trading commodities than stocks since trump came into power.

not about being right...it is about having enough capital to be able to make transaction profitable.

I shorted natural gas last week at 3.30 sometime last week and it quickly went to 3.40 in like a hour so I waited. Then  I drilled it hard at 3.63-3.68 in 4 batches,  got out in drop to 3.31.

today I messed up and didn't get out of oil short at 61.30, only some.
 

But don't need to be smart to short oil at 64 dollars with trump shaking hands with Middle East leaders...easy time to short and worked

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