Obsidian Energy Ltd T.OBE

The Truth about Summarizing OBE this past year.

[thetruth54]

Now here is the truth: OBE stock price $6.06 as per this post down 8.56 % over the last year. All this while this CEO, for the last 5 years, sucks up a huge compensation program that he created. I might add that the  OBE investors have received no dividends over that period and lost huge investment opportunity potential in a spectacular bull market while their money earns them nothing.The truth: this CEO has completly failed and anyone who disputes this is a spin artist,moron or paid hack. Like the Liberals/Socialists they live in an alt reality lying and spinning to make the reality that makes them feel better. Pathetic!!!!!!!!!!!!!!

[CoPilot99]

So what is the SP of OBE when Oil hits $80? Expansion of production as OIL is breaking out. Lucky or good timing?  Looks like a good year for OBE. Increasing Inflation,strong economy, pro oil government. Time will tell

[kavern23]

Dude...I dont think oil prices can last being sanction led instead of demand led..... All these prices will do is stimulate overproduction when production increases are not needed in USA and Canada. And China demand to continue to be terrible. China oil demand didnt grow in 2024 and almost every anayst got that wrong. China will just go to 60 percent ev's if oil specualtors get cute.

[CoPilot99]

Kavern, I appreciate your insight. Oil started moving BEFORE the sanctions on the weekend. Also, those sanctions are not being removed any time soon. Oil up about $10 in a few weeks. That is a significant move for "some reason". How long it last time will tell. At the moment thought OBE is earning $400,000 plus more per day than they were a couple of weeks ago. ballpark. Correct me if I

[kavern23]

It's okay if sanctions are not removed...as watch when China 2025 oil monthly demand comes out...it will drop alot. China and USA are like 40% of worlds oil demand and OPEC was flat out VERY wrong on 2024 china oil demand. How is China oil demand supposed to grow when Chinese government will use huge gov subsisdies to get ev sales near 60% soon. Silly how excited people are that China grew