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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

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Post by masfortuna on Nov 02, 2023 8:28am

Umm...

Not sure if you know how oil works BUT it's cyclical in nature. So what it should be worth today based on what it was worth 7 yeras ago is not going to match up.

-Activist investor FrontFour Capital Group is urging Obsidian Energy to explore a sale, arguing the company could fetch twice as much as its current share price, according to a person familiar with the matter.

Also that's a fund who decided on that number and notice the word could in the paragraph?

Finally if this was worth $20 in 2017 and had maintained it's worth, then why did it trade as low as .70 per share post split or .07 presplit? By your logic the company's value is static and only Loukas is to blame right?

Anyhow I think you are wasting my time here since you obviously don't know what you are talking about. 
Comment by thetruth54 on Nov 02, 2023 8:37am
Loukas valued Obe at $17.50 US in 2017 Here is proof that even Loukas knows that Obe is worth North of $20 US today. Before he became CEO he valued Obe as high as $2.50 US presplit. Post split that is $17.50 per share. That was before Obe owned all of the Peace River or all of the tax pool or the lower debt from that date to now. This is an indictment of Loukas's ability to create ...more  
Comment by masfortuna on Nov 02, 2023 10:16am
 You keep insulting me. Are you not able to make an arguement without doing so?  What are you 5??? And if this is such a big disappointment based on your own metrics (?) then sell. Easy fix. Looking back at what valuations were in 2017 and assuming they hold today is very ignorant.  Do you know what the average multiple for a smallcap Canadian oil company is today as compared to ...more  
Comment by thetruth54 on Nov 02, 2023 10:20am
Loukas valued Obe at $17.50 US in 2017 Here is proof that even Loukas knows that Obe is worth North of $20 US today. Before he became CEO he valued Obe as high as $2.50 US presplit. Post split that is $17.50 per share. That was before Obe owned all of the Peace River or all of the tax pool or the lower debt from that date to now. This is an indictment of Loukas's ability to create ...more  
Comment by masfortuna on Nov 02, 2023 1:11pm
 i would show you some metrics about how to value the potential growth of an oil company but  i ddon't think you are interested. You keep posting 7 year old articles and see where that gets you. You knw what they say, "You can't win an arguement with a stupid person".
Comment by thetruth54 on Nov 02, 2023 2:02pm
Loukas valued Obe at $17.50 US in 2017 Here is proof that even Loukas knows that Obe is worth North of $20 US today. Before he became CEO he valued Obe as high as $2.50 US presplit. Post split that is $17.50 per share. That was before Obe owned all of the Peace River or all of the tax pool or the lower debt from that date to now. This is an indictment of Loukas's ability to create ...more  
Comment by Hightowntrader on Nov 02, 2023 2:51pm
New fodder for my ignore list...When I find the time...
Comment by lnggasfor202324 on Nov 02, 2023 4:39pm
I don't think hell ever get it.
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