OBE.TO - Obsidian Energy Ltd.

Toronto - Toronto Delayed Price. Currency in CAD
0.9200
+0.0700 (+8.24%)
At close: 3:59PM EDT
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Previous Close0.8500
Open0.8600
Bid0.9200 x 0
Ask0.9300 x 0
Day's Range0.8600 - 0.9200
52 Week Range0.8000 - 7.6300
Volume77,636
Avg. Volume67,479
Market Cap67.153M
Beta (3Y Monthly)2.05
PE Ratio (TTM)N/A
EPS (TTM)-4.9570
Earnings DateNov. 6, 2019 - Nov. 11, 2019
Forward Dividend & YieldN/A (N/A)
Ex-Dividend Date2015-09-28
1y Target Est1.56
  • CNW Group

    Obsidian Energy Receives Continued Listing Standard Notification from the New York Stock Exchange

    CALGARY, Oct. 1, 2019 /CNW/ - OBSIDIAN ENERGY LTD. (TSX – OBE, NYSE – OBE.BC) ("Obsidian Energy", the "Company", "we", "us" or "our") received notification on October 1, 2019, from the New York Stock Exchange (the "NYSE") that the Company is no longer in compliance with one of the NYSE's continued listing standards because the average closing price of Obsidian Energy's common shares was less than US$1.00 per share over a consecutive 30 trading day period. As of September 27, 2019, the average closing price of Obsidian Energy's common shares over the preceding consecutive 30 trading day period was US$0.99 per share.

  • Baystreet

    Stocks in play: Obsidian Energy Ltd.

    Provided an update on its Cardium development program and hedging portfolio. The 13-well Willesden Green ...

  • CNW Group

    Obsidian Energy Provides Operational Update

    CALGARY, Sept. 30, 2019 /CNW/ - OBSIDIAN ENERGY LTD. (TSX/NYSE – OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") is pleased to provide an update on its Cardium development program and hedging portfolio. The 13 well Willesden Green Cardium development program planned for the second half of the year is progressing as planned, with six wells rig released. The Company has seven additional wells planned in the fourth quarter of 2019.

  • CNW Group

    Obsidian Energy Initiates Formal Strategic Alternatives Process

    CALGARY, Sept. 10, 2019 /CNW/ - OBSIDIAN ENERGY LTD. (TSX – OBE, NYSE – OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") announces that the Board of Directors (the "Board") has determined that it is in the best interest of the Company and its stakeholders to initiate a formal process to explore strategic alternatives. This process is intended to evaluate the Company's strategic options and alternatives to maximize shareholder value. Such strategic alternatives may include, but are not limited to, a corporate sale, merger or other business combination, a disposition of all or a portion of the Company's assets, a recapitalization, refinancing of its capital structure, or any combination of the foregoing.

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  • CNW Group

    Obsidian Energy Announces Termination of Agreement to Dispose of its Interest in the Peace River Oil Partnership

    CALGARY, Aug. 28, 2019 /CNW/ - OBSIDIAN ENERGY LTD. (TSX – OBE, NYSE – OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") announces that the purchase and sale agreement providing for the sale of our 55 percent interest in the Peace River Oil Partnership (the "Partnership") to a third party has been terminated. In order for the sale to proceed, the consent to the transfer of our Partnership units and the transfer of operatorship of the Partnership was required, however, the consents for these transfers were not obtained and the agreement was terminated. Certain statements contained in this document constitute forward-looking statements or information (collectively "forward-looking statements").

  • CNW Group

    Obsidian Energy Announces Second Quarter 2019 Financial and Operational Results

    CALGARY , Aug. 14, 2019 /CNW/ - OBSIDIAN ENERGY LTD. (TSX – OBE, NYSE – OBE) (" Obsidian Energy ", the " Company ", " we ", " us " or " our ") is pleased ...

  • CNW Group

    Obsidian Energy Announces Update to its Syndicated Credit Facility and Peace River Oil Partnership Disposition

    CALGARY, Aug. 13, 2019 /CNW/ - OBSIDIAN ENERGY LTD. (TSX – OBE, NYSE – OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") announces the extension of the Company's syndicated credit facility with the underlying borrowing base and amount available under the syndicated credit facility remaining at $550 million and $460 million, respectively. As part of the Peace River Oil Partnership disposition, our partner has waived its right to exercise both the right of first refusal and the tag along provisions. The disposition continues to proceed through the usual steps, including terms of the agreement and customary closing conditions.

  • CNW Group

    Obsidian Energy Announces Date of Second Quarter 2019 Financial and Operational Results

    CALGARY , Aug. 6, 2019 /CNW/ - OBSIDIAN ENERGY LTD. (TSX – OBE, NYSE – OBE) (" Obsidian Energy ", the " Company ", " we ", " us " or " our ") announces ...

  • CNW Group

    Obsidian Energy Regains Compliance with the New York Stock Exchange's Continued Listing Standard

    CALGARY, July 23, 2019 /CNW/ - OBSIDIAN ENERGY LTD. (TSX/NYSE – OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") received notification from the New York Stock Exchange (the "NYSE") that we have regained compliance with the NYSE's continued listing standard regarding the price of Obsidian Energy's common shares. The Company had received notification regarding the price deficiency on September 18, 2018. In an effort to regain compliance, the Company filed articles of amendment on June 5, 2019 to consolidate the common shares of the Company on the basis of a consolidation ratio of seven old common shares to one new common share (the "Common Share Consolidation").

  • CNW Group

    Obsidian Energy Announces Extension of Syndicated Credit Facility Redetermination Date

    CALGARY , July 1, 2019 /CNW/ - OBSIDIAN ENERGY LTD. (TSX – OBE, NYSE – OBE.BC) (" Obsidian Energy ", the " Company ", " we ", " us " or " our ") announces ...

  • CNW Group

    Obsidian Energy Announces Voting Results from the 2019 Annual and Special Meeting of Shareholders and Details on Share Consolidation

    The Company filed articles of amendment on June 5, 2019 to effect the consolidation of the common shares of the Company on the basis of a consolidation ratio of seven old common shares to one new common share (the "Common Share Consolidation").  No fractional common shares will be issued pursuant to the Common Share Consolidation. In lieu of any such fractional common shares, each registered shareholder of the Company otherwise entitled to a fractional common share following the implementation of the Common Share Consolidation will receive the nearest whole number of post-consolidation common shares.

  • CNW Group

    Obsidian Energy Announces Fixed Income Investor Meetings

    CALGARY , May 19, 2019 /CNW/ - OBSIDIAN ENERGY LTD. (TSX – OBE, NYSE – OBE.BC) (" Obsidian Energy ", the " Company ", " we ", " us " or " our ") is pleased ...

  • CNW Group

    Obsidian Energy Announces Proposed Sale of its 55% Working Interest in the Peace River Oil Partnership

    CALGARY, May 17, 2019 /CNW/ - OBSIDIAN ENERGY LTD. (TSX – OBE, NYSE – OBE.BC) ("Obsidian Energy", the "Company", "we", "us" or "our") is pleased to announce it has signed a purchase and sale agreement (the "Agreement") to sell its 55% working interest in the Peace River Oil Partnership ("PROP") for total consideration of approximately $97 million, before normal closing adjustments. Total consideration includes $85.8 million in cash and cash equivalents, with the remainder comprised of purchasers' shares and the present value of additional liabilities. The effective date of the transaction is February 1, 2019 with an anticipated closing date on or about July 31, 2019.

  • CNW Group

    Obsidian Energy Announces First Quarter 2019 Financial and Operational Results

    CALGARY , May 10, 2019 /CNW/ - OBSIDIAN ENERGY LTD. (TSX – OBE, NYSE – OBE.BC) (" Obsidian Energy ", the " Company ", " we ", " us " or " our ") is pleased ...

  • CNW Group

    Obsidian Energy Announces Conference Call Details to Discuss its First Quarter 2019 Results

    CALGARY , May 2, 2019 /CNW/ - OBSIDIAN ENERGY LTD. (TSX – OBE, NYSE – OBE.BC) (" Obsidian Energy ", the " Company ", " we ", " us " or " our ") is expected ...

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  • CNW Group

    Obsidian Energy Announces an Operational Update on Cardium Drilling Program

    CALGARY, April 16, 2019 /CNW/ - OBSIDIAN ENERGY LTD. (TSX – OBE, NYSE – OBE.BC) ("Obsidian Energy", the "Company", "we", "us" or "our") is pleased to announce an operational update on our Cardium drilling program. "While still in the early days of my tenure as Interim President and CEO of Obsidian Energy, I continue to be excited by the high caliber of our Cardium program and the future for long term growth. Given the vast inventory of similar locations in Willesden Green and throughout our Cardium properties, we see years of compelling repeatable development campaigns to come. We are examining every facet of the business to ensure we are always making improvements, including a continual review of our capital allocation, cost structure, and portfolio composition." commented Michael Faust, Interim President and CEO.

  • Revealed: 3 Stocks I Would Sell… Immediately
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    Revealed: 3 Stocks I Would Sell… Immediately

    Warning! Why I'd stay far away from Obsidian Energy Inc. (TSX:OBE)(NYSE:OBE), IGM Financial Inc. (TSX:IGM), and New Look Vision Group Inc. (TSX:BCI).

  • CNW Group

    Obsidian Energy Confirms Filing of Its 2018 Year-End Disclosure Documents

    CALGARY , March 7, 2019 /CNW/ - OBSIDIAN ENERGY LTD. (TSX – OBE, NYSE – OBE.BC) (" Obsidian Energy ", " we ", " us " or " our ") announces that it has filed with ...

  • CNW Group

    Obsidian Energy Appoints Michael Faust as Interim President and Chief Executive Officer

    CALGARY, March 7, 2019 /CNW/ - OBSIDIAN ENERGY LTD. (TSX – OBE, NYSE – OBE.BC) ("Obsidian Energy", the "Company", "we", "us" or "our") today announced the appointment of Michael J. Faust as interim President and CEO, effective March 18, 2019 for a period of twelve months with an optional six-month extension. Mr. Faust will succeed current President and CEO, David French, who will step down from the Company effective March 29, 2019. Mr. French will not stand for reelection as a director at the Company's Annual General Meeting.

  • CNW Group

    Obsidian Energy Announces Year-End 2018 Financial and Operational Results; Divests Non-Core Asset; Proposes 7:1 Common Share Consolidation; and Announces David French to Step Down as President and CEO

    CALGARY, March 7, 2019 /CNW/ - OBSIDIAN ENERGY LTD. (TSX – OBE, NYSE – OBE.BC) ("Obsidian Energy", the "Company", "we", "us" or "our") is pleased to announce its year-end 2018 financial and operational results. Obsidian Energy's audited consolidated financial statements and Management's Discussion and Analysis ("MD&A") as at and for the year-ended December 31, 2018 can be found on our website at www.obsidianenergy.com. "Obsidian Energy implemented a manufacturing drilling model in the Cardium in the second half of 2018 that delivered significant cost efficiencies and demonstrable year-end reserve growth," commented David French, President and CEO.