OBE - Shares of Obsidian Energy Ltd. (OBE) Rise to a New 52-Week High
Obsidian Energy Ltd. (NYSE American:OBE) traded today at a new 52-week high of $10.98. So far today approximately 315,000 shares have been exchanged, as compared to an average 30-day volume of 778,000 shares.
In the past 52 weeks, shares of Obsidian Energy Ltd. have traded between a low of $6.68 and a high of $10.98 and is now at $10.95, which is 64% above that low price.
Obsidian Energy Ltd, is an intermediate-sized oil and gas producer with strategic assets in Alberta. It operates in a single reporting segment that is exploration, development and holding an interest in oil and natural gas properties and related production infrastructure in the Western Canada Sedimentary Basin. The company generates the majority of the revenue from the Crude oil sale.
Based on a current price of $10.95, Obsidian Energy Ltd. is currently 0.2% above its average consensus analyst price target of $10.93.
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