Stocks in play: Obsidian Energy
Announced its three-year corporate plan, focused primarily on growth from the Peace River asset, as well as a $40 million increase to our 2023 capital program. The plan generates $291 million of free cash flow from 2024 to 2026 at US$75.00/bbl WTI; 2023 capital budget increased to $300 million with recent increase in oil prices. Obsidian Energy shares T.OBE are trading up $0.27 at $10.30.
Read:
Pioneering the Path to Cure Cancer: 2023's Biotech Innovations
Top Lithium Producer Predicts EVs Will Consume Almost All Lithium Supply by 2030
Pioneering Cancer Treatments Show Promising Progress Despite Fiscal Challenges
The Future of Lithium: North America Poised to Break Dependence on Global Sources
Advancements in Pancreatic Cancer Treatment: Biotech Innovations and Rising Optimism