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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...
around 35,700 barrels of oil equivalent (boe) per day. Its operating areas include Cardium, Peace River and Viking areas of Alberta. Its Cardium asset is a fully delineated and de-risked asset. It is focused on manufacturing repeatable low-decline and high-netback light-oil wells across its Cardium land base. The Viking is a light oil, horizontal development play located in central Alberta. Its operations are focused on the Esther area. Peace River is a stable, cold-flow, base production asset. It operates on a contiguous and an acreage within the heart of the Peace River Oilsands region.
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TSX:OBE - Post Discussion
Obsidian Energy Ltd
> 52 Week Low
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•••
Helloworld
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Post by
Helloworld
on Sep 04, 2024 2:23pm
52 Week Low
Ugly trading last couple days. Absolutely smashed by lower oil prices.
Time to give up growth and make inroads on debt and buyback.
(29)
•••
thetruth54
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Comment by
thetruth54
on Sep 04, 2024 8:54pm
No we have seen enough of Mr. Loukas's throw it up on the wall strategies. This clown has had 5 years as CEO in training. Wake up!. He is just milking the rich compensation program he created. He hasn't created any shareholder value. No dividend and a presplit price of .87. He has made Obe a penny stock. You are a complete fool to think Obsidian's problem is just related to the
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