Obsidian Energy Ltd T.OBE

Book Value

[Druchii]

Anyone know what OBE $PDP, $TP and $TPP are?

[Tim14235]

Book value huh.   Before or after impairments?  if you are going to invest in these names based on book value, I would strongly reconsider

[Hendrick3]

Tim 14235, I think using the book value which must be supported by the reserve report is a pretty reasonable measure of value. Especially in today's reporting, reserve reports have been using very cautious price estimates so if the Proven Producing number discounted at 10% net of debt and using 30% lower prices than current tells you a price of $3.71 per share, that is a good indication of

[Hendrick3]

Hang onto your hat but the NPV at 10% is: $743 PP $938 TP $1189 TPP   less $470m of net debt PP =$3.70 per share TP= $$6.28 per share TPP= $9.78 per share please note that price deck on current reserve report has 2021 prices about 30% below current pricing.  this stock is way undervalued. 

[Druchii]

Amazing, thanks Hendrick3!