Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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 20, 2025 12:00am
180 Views
Post# 36579136

Obe Shares oustanding

Obe Shares oustandingAccording to stockwatch data...

OBE had on April 30th, 2024
76,715,491  

1 year later, April 30th, 2025
70,718,497  

Basically in one year, 6 million shares disappeared.

The is delivering on a buy back program.

With share price so much cheaper in 2025 than 2024, one would think by April 30th 2026 Obe is at 65m mark.

Buyback is best way to beat the shorts....play the long game. Tire them out with best weapon...time and money.
<< Previous
Bullboard Posts
Next >>
Dealroom for high-potential pre-IPO opportunities