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

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Obsidian Energy Ltd > Warren knows this oil market is Make Believe

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Post by thetruth54 on Feb 06, 2024 9:26am

Warren knows this oil market is Make Believe

You think Warren Buffet doesn't think this oil market is not in touch with the real world and is being manipulated? Think again. Unless of course you think he is stupid and you are just smarter than him. When the sheep run one way he runs the opposite way which is why he is the GOAT. His actions ie. latest stoc purchases says everything about what he thinks about the current oil market and how it is not rational and is being manipulated. Read thsi:

Warren Buffett Doubles Down On Big Oil Amid Tech-Crazed Market; BP Surprises With Earnings

KIT NORTON08:35 AM ET 02/06/2024

Warren Buffett has loaded up on Occidental Petroleum (OXY) stock in the early days of February even as the market appeared to be consumed with tech fever, betting big on Nvidia (NVDA), with earnings reports from "Big Oil" names Exxon Mobil (XOM) and Chevron (CVX) drawing little attention. OXY shares advanced early Tuesday.

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