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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

Post by kavern23on May 16, 2025 8:16pm
90 Views
Post# 36577397

Regulators

Regulators Regulators shouldn't allow a shorter to dump 40k shares right before close...like 250 rhisusnd dollars.
the broker should self report this.

It is no different than if a person tried to buy a pile of stock right before close to have a smaller margin call...

i think worse on short side doing this as person doesn't own the shares and it does lower margin call for short sellers and 5 cents on millions of shares matters especially if they are using Uber leverage 
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