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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 > Set up for 2023
View:
Post by Helloworld on Dec 30, 2022 8:32pm

Set up for 2023

OBE SP performance has been lacklustre to finish off 2022. Wonder how much is tax loss selling. Listed on NYSE late January. Almost anyone buying on that exchange for the whole year except a couple of days would be negative for the year. Valued at under $35k per barrel set up well for another 50% to 100% gain as long as oil prices behave... hopefully another January like 2022 upcoming.
Comment by JohnJBond on Dec 30, 2022 9:47pm
Year end is a meaningless line in the sand when it comes to reversal of business fortunes We can predict what will happen with 99% certainly.   It's the time line that we can't predict Remove the timeline and investment outcomes go from speculative to certain  Everything we hoped would happen in 2022 is still going to happen.    There is a high probability ...more  
Comment by Helloworld on Jan 04, 2023 3:16pm
This comment is aging really well.