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Bullboard - Stock Discussion Forum Obsidian Energy Ltd T.OBE

Alternate Symbol(s):  OBE

Obsidian Energy Ltd. is a Canada-based exploration and production company. The Company operates in one segment, to explore for, develop and hold interests in oil and natural gas properties and related production infrastructure in the Western Canada Sedimentary Basin directly and through investments in securities of subsidiaries holding such interests. It has a portfolio of assets producing... see more

TSX:OBE - Post Discussion

Obsidian Energy Ltd > Wait and see
View:
Post by Daytrader1959 on Feb 24, 2021 11:45am

Wait and see

As the world economic outlook improves we should see Brent oil get to $65 for this year so we should stock get to $4 and be a easy take over at that price or $5.
Comment by Bookends on Feb 24, 2021 12:00pm
Pretty sure you meant WTI at 65$ lol. Well, with a price now above 63$, we are getting very close.  I love this company as an inflation edge. God knows where WTI goes in the scenario in a total dollar debacle. And then the debt also goes.
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