Date | Price Target | Rating | Analyst |
---|---|---|---|
4/9/2024 | Outperform | BMO Capital Markets | |
4/18/2023 | Outperform | RBC Capital Mkts | |
9/19/2022 | Underperform → Market Perform | BMO Capital Markets | |
2/23/2022 | $14.00 | Buy | Stifel |
2/23/2022 | Buy | Stifel |
BMO Capital Markets resumed coverage of Obsidian Energy with a rating of Outperform
RBC Capital Mkts resumed coverage of Obsidian Energy with a rating of Outperform
BMO Capital Markets upgraded Obsidian Energy from Underperform to Market Perform
Calgary, Alberta--(Newsfile Corp. - July 25, 2024) - OBSIDIAN ENERGY LTD. (TSX:OBE) (NYSE:OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") expects to release our second quarter 2024 financial and operational results (the "Release") before North American markets open on Thursday, August 1, 2024. In addition, the second quarter management's discussion and analysis and the unaudited consolidated financial statements will be available on our website at www.obsidianenergy.com, and under our SEDAR+ profile at www.sedarplus.ca and EDGAR profile at www.sec.gov on or about the same date.ADDITIONAL READER ADVISORIESFORWARD-LOOKING STATEMENTSThis news release contains forward-looking statem
Board Appoints Stephen Loukas President and Chief Executive OfficerFourth quarter average production increased to 31,742 boe/d (20 percent increase from 2021)Funds flow from operations was $450.7 million in 2022 (107 percent increase from 2021)Net debt decreased to $316.8 million at December 31, 2022 (23 percent decrease from 2021)Normal Course Issuer Bid Approved by TSXCalgary, Alberta--(Newsfile Corp. - February 23, 2023) - OBSIDIAN ENERGY LTD. (TSX:OBE) (NYSE:OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") is pleased to report strong operating and financial results for the fourth quarter and full year 2022. The Company is also pleased to announce the appointment of Stephen Lo
New corporate presentation and management webcast available for replay on websiteCalgary, Alberta--(Newsfile Corp. - June 16, 2022) - OBSIDIAN ENERGY LTD. (TSX:OBE) (NYSE:OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") is pleased to announce that at its annual and special meeting of shareholders held on June 16, 2022, Obsidian Energy's shareholders approved all resolutions outlined in the Notice of 2022 Annual and Special Meeting and Management Proxy Circular dated May 4, 2022 (the "Information Circular"), which is available on SEDAR at www.sedar.com, on EDGAR at www.sec.gov, and on Obsidian Energy's website at www.obsidianenergy.com.Appointment of AuditorBy resolution passed by
Strong first quarter average production of 29,407 boe/d; current production further grew to 33,000 boe/d based on recent drilling successActive first half four-rig drilling program with 19 operated wells (18.5 net) rig-released in the quarter and 14 wells (13.5 net) now on production Strong production rates from new Peace River wells from late 2021 and early 2022 programs2022 production range further increased by 200 boe/d to between 30,300 to 31,300 boe/d Funds flow from operations was $101.3 million in the quarter, excluding $22.7 million of share-based compensation chargesNew member appointed to the Board of DirectorsCalgary, Alberta--(Newsfile Corp. - May 4, 2022) - OBSIDIAN ENERGY LTD.
6-K - OBSIDIAN ENERGY LTD. (0001334388) (Filer)
SD - OBSIDIAN ENERGY LTD. (0001334388) (Filer)
424B1 - OBSIDIAN ENERGY LTD. (0001334388) (Filer)
Prompt-month natural gas futures have exceeded $3 per million British thermal units on Monday, marking the highest level since mid-January 2024 and hitting a potential four-day winning streak, spurred by forecasts predicting increased cooling demand due to anticipated warm weather in June. Last week, natural gas prices rose by 12.8%, and are currently eyeing the seventh week of gains out of last eight. “With a blanket of heat stalling over the southern part of the country, market bulls maintained control,” said Jodi Shafto, senior natural gas reporter at Natural Gas Intel. Chart: US Natural Gas Price Have Rallied 95% Since Late April’s Lows NatGasWeather highlighted that much
On CNBC's “Mad Money Lightning Round,” Jim Cramer recommended buying Energy Transfer LP (NYSE:ET). “You've got a winner there now. They have done a very good job,” he added. On May 28, Energy Transfer announced the acquisition of WTG Midstream in a $3.25 billion transaction. When asked about Obsidian Energy Ltd. (NYSE:OBE), he said, “You can hold it, but I'd rather see you in Coterra (NYSE:CTRA).” On May 2, Obsidian Energy posted weak earnings for its first quarter. The “Mad Money” host recommended selling SoundHound AI, Inc. (NASDAQ:SOUN). On May 9, SoundHound AI reported better-than-expected first-quarter financial results. When asked about Super Micro Computer, Inc. (NAS
Obsidian Energy (AMEX:OBE) reported quarterly earnings of $0.15 per share which missed the analyst consensus estimate of $1.20 by 87.5 percent.
• Increased August average production to ~40,000 boe/d (based on internal field estimates)• Grew Peace River total average production to ~11,500 boe/d, which included ~3,800 boe/d of Clearwater production (based on internal field estimates)• Revised 2024 guidance range upwardly to reflect higher production midpointCalgary, Alberta--(Newsfile Corp. - September 9, 2024) - OBSIDIAN ENERGY LTD. (TSX: OBE) ((OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") is pleased to provide an operational update that includes strong drilling results from our current development program that, in aggregate, exceed our initial expectations, driving an associated increase in the bottom-end and midpoin
Calgary, Alberta--(Newsfile Corp. - August 5, 2024) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") announced that it has filed a resale shelf registration statement on Form F-3 with the U.S. Securities and Exchange Commission (the "SEC") on August 2, 2024, for administrative purposes related to the holdings of Stephen Loukas, the Company's President and Chief Executive Officer and John Brydson, an independent member of the Board of Directors. Notwithstanding that the Company's common shares ("Common Shares") are listed and traded on the NYSE American, some of the Common Shares held by Messrs. Loukas and Brydson have not previo
Grew year-over-year average daily production by 15 percent to 35,773 boe/d Increased funds flow from operations by 41 percent on a per share basis to $115.2 million ($1.51 per share) Completed first half capital program with 34 (33.4 net) operated wells rig released and 33 (32.4 net) wells brought on productionCompleted the Peace River Clearwater acquisition, expanding our land base to 680 net sections with the addition of 148 net sections and production of 1,700 boe/d Calgary, Alberta--(Newsfile Corp. - August 1, 2024) - OBSIDIAN ENERGY LTD. (TSX:OBE) (NYSE:OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") is pleased to report strong operating and financial results for the seco