OBE News and Press, Obsidian Energy Ltd. From 05/16/23

2023-05-16 18:54:30 ET In an update on operations affected by the Alberta wildfires, Obsidian Energy ( OBE ) said Tuesday that 9,700 boe/day of production remains curtailed across Peace River and Pembina. Obsidian ( OBE ) said the Harmon Valley South field is being restarted...

Calgary, Alberta--(Newsfile Corp. - May 16, 2023) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) (" Obsidian Energy ", the " Company ", " we ", " us " or " our ") provides an update on operations and employees impacted by recent Alberta wildfires. We continue to monitor the ongoing wi...

2023-05-08 17:56:49 ET At least 100 wildfires raging across western Canada Monday have forced the curtailment of ~234K bbl/day of oil and gas production as companies shut down wells and pipelines. Edmonton Mixed Sweet's discount to West Texas Intermediate narrowed by more than a thi...

Calgary, Alberta--(Newsfile Corp. - May 8, 2023) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) (" Obsidian Energy ", the " Company ", " we ", " us " or " our ") provides an update on operations and employees impacted by recent Alberta wildfires. We view the protection and safety of o...

2023-05-04 09:47:16 ET Obsidian Energy press release ( NYSE: OBE ): Q1 Non-GAAP EPS of $0.36 beats by $0.12 . Strong Funds Flow - FFO increased to $94.3 million ($1.15 per basic share) for the first quarter of 2023 compared to $78.6 million ($0.97 per basic share) for ...

Strong performance and production increases from all development areas resulted in 33,153 boe/d average production for the quarter Funds flow from operations was $94.3 million in the quarter (20 percent increase from the first quarter of 2022) Peace River development and exploration program...

Calgary, Alberta--(Newsfile Corp. - April 25, 2023) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) (" Obsidian Energy ", the " Company ", " we ", " us " or " our ") announces that we expect to release our first quarter 2023 financial and operational results before North American markets...

Even during today’s market correction, there are growth stocks out there up 30% right now and sometimes even higher. And no, these aren’t penny stocks that move a few cents and double in share price. These are strong companies that analysts continue to see as strong buys. ...

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The management team at Obsidian Energy just announced financial expectations covering the rest of 2022 as well as 2023. The data shows a significant ramping up of spending, production, and cash flows. Achieving these targets would make OBE look incredibly cheap at this point in ti...