Obsidian Energy Ltd T.OBE

Looks like oil is finally breaking out!!!!!!!!!!!!!!!!!!!!!!

[thetruth54]

Investors should be buying OBE with both hands. Rising oil prices,OEC cutting production,EV cars are dying along with all the other ESG nonsense , China's economy is improving Trans Mountain soon to open and OBE is dramaitcally raising production. Moreover, we are moving into a strong seasonal demand season. Obe is massively undervalued. Investors need to buy and buy now!!!!!!!!!!!!!!!!!

[thetruth54]

Wti -$82.36 and climbing. Obe will be printing money very soon with dramatically rising production and higher oil prices. Perhaps with drastically more cashflow Loukas will even escalate the already agressive drilling program to get to his goal faster. But even if he doesn't Obe is massively undervalued right now. Investors should be piling into this stock.

[lnggasfor202324]

I would rather him just do what he said.

[thetruth54]

I agree with you. I didn't use the correct word. I meant to write expedite not escalate. 

[lnggasfor202324]

Were onlky trading at about 1.8 X cashflow now.  Can you imagine if we were producing 50,000 bld even at todays prices?  This is one of those hidden gems in the rough.

[thetruth54]

You are exactly right. If only these blind investors could see the obvious. Obe is more undervalued with more growth potential than any of its peers by far. The analysts are completely brain dead. Obe stock should be out performing all of them.