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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 Jun 03, 2025 1:30pm
126 Views
Post# 36596086

May OBE buyback Nunbers

May OBE buyback NunbersObe bought back  1.54m shares in Month of May or 2 percent shares outstanding....
YTD OBE has bought back from Jan - May.. a total of 4.854m shares or 6.59% of shares outstanding....

Shares outstanding are now 68.8m shares.

They need to keep going in June, only way to beat shorts back
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