Obsidian Energy Ltd T.OBE

OBE now vs 2014.

[Kramerkarma]

I put a post on Twitter about the difference. 6.15x less shares. =340M debt and 16,900boe/day there EV/boe was 97.600/boe vs 38.600 current. So we would be $29 per share. They averaged $32.6 netback before capex over the year. We're closer to 42+ right now. Don't sell yourself short when dividends and prices are realized the melting of the CAD even if kav gets his pull back.... well have a 100k/boe EV dividend investors just look at income debt and yield. We can remove debt , grow production and have low shares... the 3 EV torques beside oil price.

[JohnJBond]

Agreed OBE has two different future strategies, both of which result in significantly higher share price. 1.  Do what they are doing.     This means keeping their cap ex in the $150 million range to generate 5-10% ish growth; paying down their $400 ish total debt down to about $300, then converting that to 5 year debintures; then paying a dividend.   This is a