BMO Capital Markets upgraded Obsidian Energy from Underperform to Market Perform
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 4/17/2025 | Sector Perform | RBC Capital Mkts | |
| 4/9/2025 | Strong Buy → Mkt Perform | Raymond James | |
| 10/18/2024 | Strong Buy | Raymond James | |
| 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 |
USA News Group News Commentary Issued on behalf of Prairie Operating Co. VANCOUVER, BC, July 23, 2025 /PRNewswire/ -- USA News Group News Commentary – U.S. crude inventories continue to shrink despite efforts by the current administration to rebuild domestic stockpiles, with the latest EIA data showing a 3.9 million barrel decline. Earlier this year, the EIA projected strong domestic crude and gas production through 2030, even as OPEC now expects global oil demand to grow well beyond 2050, fueled in part by surging power needs from AI-focused data centers in the Middle East. In the U.S., President Trump's AI Action Plan is expected to accelerate investment into domestic energy sources—positi
Calgary, Alberta--(Newsfile Corp. - July 16, 2025) - OBSIDIAN ENERGY LTD. (TSX:OBE) (NYSE:OBE) ("Obsidian Energy" or the "Company") announced today that a third party has made a non-binding offer to Obsidian Energy to acquire the Company's entire common share position in InPlay Oil Corp. ("InPlay"), consisting of 9,139,784 InPlay common shares ("InPlay Shares") and representing approximately 32.7% of the issued and outstanding InPlay Shares, at a price per InPlay Share in excess of the closing price for such shares on the Toronto Stock Exchange as of July 15, 2025. The Company has entered into negotiations with the third party and InPlay in respect of the potential transaction outlined in th
Development capital expenditures of $110 to $120 million resulting in 28 net operated wells drilledInfrastructure projects are underway in Open Creek and Nampa fields allowing for future growthIntend to initiate ~$10 million Canadian Exchange Offer to Acquire Obsidian Energy Common Shares for Common Shares of InPlay Oil Corp.Calgary, Alberta--(Newsfile Corp. - July 10, 2025) - OBSIDIAN ENERGY LTD. (TSX:OBE) (NYSE:OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") is pleased to announce our second half 2025 capital plan and financial guidance that builds on the success of our first half 2025 program at Peace River and resumes drilling at Willesden Green. "With the disposition of our
New corporate presentation and management webcast available for replay on websiteCalgary, Alberta--(Newsfile Corp. - May 7, 2025) - OBSIDIAN ENERGY LTD. (TSX:OBE) (NYSE:OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") is pleased to announce that at our annual and special meeting of shareholders held on May 7, 2025, Obsidian Energy's shareholders approved all resolutions outlined in the Notice of 2025 Annual and Special Meeting and Management Proxy Circular dated March 15, 2025 (the "Information Circular"), which is available on SEDAR at www.sedarplus.ca, on EDGAR at www.sec.gov, and on Obsidian Energy's website at www.obsidianenergy.com.Appointment of AuditorBy resolution passed
Estimated 2024 average production of approximately 37,450 boe/d exceeded the top end of our guidance rangeCompletion of 2024 capital program provided furthers delineation of Peace River acreageSuccessful results from first wells drilled in new Peavine and Gift Lake areas in Peace River with the Peavine 8-13 Pad achieving an average 30-day initial production ("IP") rate of 302 boe/d (100 percent oil) per well Pembina results exceeded expectations with current production of over 1,100 boe/d from the two-well 12-19 PadCalgary, Alberta--(Newsfile Corp. - January 14, 2025) - OBSIDIAN ENERGY LTD. (TSX:OBE) (NYSE:OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") is pleased to provide an
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
SC 13D - OBSIDIAN ENERGY LTD. (0001334388) (Subject)
RBC Capital Mkts resumed coverage of Obsidian Energy with a rating of Sector Perform
Raymond James downgraded Obsidian Energy from Strong Buy to Mkt Perform
Raymond James initiated coverage of Obsidian Energy with a rating of Strong Buy
6-K - OBSIDIAN ENERGY LTD. (0001334388) (Filer)
6-K - OBSIDIAN ENERGY LTD. (0001334388) (Filer)
144 - OBSIDIAN ENERGY LTD. (0001334388) (Subject)
Calgary, Alberta--(Newsfile Corp. - April 30, 2025) - OBSIDIAN ENERGY LTD. (TSX:OBE) (NYSE:OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") expects to release our first quarter 2025 financial and operational results (the "Release") before North American markets open on Wednesday, May 7, 2025. In addition, the first 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.ANNUAL AND SPECIAL MEETING The Company's Annual and Special Meeting (the "Meeting") is scheduled for Wedne
Obsidian Energy to receive $220 million in cash, $85 million in equity and a 34.6 percent interest in the Willesden Green Cardium Unit #2 Field, subject to adjustment in certain circumstancesTransaction results in significantly reduced debt and enhanced liquidityPositions Obsidian Energy to continue growth and delineation of Peace River asset with additional optionality from remaining light oil businessCalgary, Alberta--(Newsfile Corp. - February 19, 2025) - OBSIDIAN ENERGY LTD. (TSX:OBE) (NYSE:OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") is pleased to announce that the Company has entered into a definitive asset purchase and sale agreement (the "Agreement") with Calgary-base
Calgary, Alberta--(Newsfile Corp. - October 24, 2024) - OBSIDIAN ENERGY LTD. (TSX:OBE) (NYSE:OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") expects to release our third quarter 2024 financial and operational results (the "Release") before North American markets open on Thursday, October 31, 2024. In addition, the third 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 sta