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Bullboard - Stock Discussion Forum Obsidian Energy Ltd T.OBE

Alternate Symbol(s):  OBE

Energy Oil & Gas E&P Energy
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 > i posted the other day i was looking for 72 oil
View:
Post by Mickey2 on Nov 26, 2021 9:29am

i posted the other day i was looking for 72 oil

its coming.  hell of a drop in the last 24 hrs.
Comment by kavern23 on Nov 26, 2021 10:21am
A massive drop right before OPEC meetings next week. Traders are going to force OPEC to act if this continues. Dropping so fast I dont even know how to buy today. Yikers. Can I wait for 4.25.  
Comment by JohnJBond on Nov 26, 2021 12:31pm
Perfect market Signal for OPEC to suspend additional oil supply
Comment by Mickey2 on Nov 26, 2021 11:50am
the way oil is dropping, i probably meant 62 instead of 72   :)
Comment by kavern23 on Nov 26, 2021 12:02pm
Yeah..it is one incredible drop. And lots of shorting in oil right now.  Falling like a knife and doing a repeating pattern. Shorts let oil go up 15-25 cents...and then boom down like 65 cents in a few seconds. 65 was looking in the cards but it is impossible to tell.   closing at 4.40 would feel like a victory today lol
Obsidian Energy Ltd
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