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Bullboard - Stock Discussion Forum Obsidian Energy Ltd T.OBE

Alternate Symbol(s):  OBE

Energy Oil & Gas E&P Energy
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 > Where have all the posters gone?
View:
Post by RetiredSteelMan on Jul 18, 2024 10:49am

Where have all the posters gone?

OBE stock with WTI over $80.00 should be soaring and getting close to book value.

What is holding this down.

Production going up.
Cash flow high lowering debt.
NCIB under way.
Huge loss write offs.
Great land holdings.

What gives.
Comment by Franman184 on Jul 18, 2024 3:44pm
Thats the billion dollar question. Throw away logic when looking at this stock. Only 2 large firms in Canada activly pursuing Canadian oil and gas. Canoe and Ninepoint. Eric Nuttal probally not interested as its market cap is currently to low. A merger with an egual could provide significant boost to its visibity. You would have to think that sooner or later a bigger player working in the same ...more  
Comment by JohnJBond on Jul 21, 2024 5:18pm
Where have the posters gone? Answer = Twitter. For the latest posts go to twitter and search OBE.
Obsidian Energy Ltd
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