- Obsidian has too much debt.
- Obsidian needs to use virtually all its cash flow to maintain production.
- Absent much higher prices, OBE looks like dead money.
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Obsidian Energy Ltd. Company Name:
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Calgary, Alberta--(Newsfile Corp. - January 26, 2022) - OBSIDIAN ENERGY LTD. (TSX: OBE) (OTCQX: OBELF) (" Obsidian Energy ", the " Company ", " we ", " us " or " our ") is pleased to announce that the NYSE American LLC (" NYSE American ") has approved the listing of the Company's common shar...
Initial 2022 capital program of $143 to $149 million with opportunity for second half expansion 19 well Cardium drilling program builds on 2021 success 10 wells planned in Peace River, including four Clearwater appraisal wells Free cash flow generation of $166 million expected at W...
Calgary, Alberta--(Newsfile Corp. - January 18, 2022) - OBSIDIAN ENERGY LTD. (TSX: OBE) (OTCQX: OBELF) (" Obsidian Energy ", the " Company ", " we ", " us " or " our ") is pleased to announce the reconfirmation of our syndicated credit facility with no changes to our revolving period. As ...