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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 > Fed done next AGM
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Post by JohnJBond on Jun 15, 2022 2:52pm

Fed done next AGM

Now that the US Fed decision is behind us, OBE shareholders are able to focus on what is said tomorrow at the AGM

The AGM will discuss the year past (2020)

Those listening will be looking for hints about what comes next

The AGM is not a news release 

News is released when required.   That means not before, and right after material events occur

They won't announce the refinance terms until that deal id done.    As soon as it is done they must disclose it.     It is unlikely that would happen at the same time as the AGM

There will be a board meeting prior to the AGM.    At that meeting the board may decide to change the H2 capex

The new info most likely to come out at the AGM May be a change to the 2022 capex (ie an increase to H2 capex).
Comment by JohnJBond on Jun 15, 2022 2:53pm
2021 not 2020
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