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 o
The Obsidian Energy debt level is still likely too high compared to free cash flow at various commodity price levels. Obsidian Energy is making slower (than other competitors) progress towards debt re
Obsidian Energy is a Canadian oil and gas producer with relatively attractive assets and a fast-reducing net debt. This makes the company attractive from a fundamental point of view: The PV10 calculat
Obsidian is deferring its 2023 guidance and budget until January. Heavy oil differentials are factoring into its decision.

Obsidian Energy Has Become Attractive

12:47pm, Thursday, 06'th Oct 2022
Obsidian Energy's debt has fallen to CAD$303 million. Funds flow for 2022 of over CAD$550 million is in reach.
Oil prices decreased in September as major central banks increased their interest rates to combat inflation. Opec+ is expected to announce a major cut in production to support oil prices.
The oil and gas sector surged following comments by Saudi Arabia, Russia limiting gas supplies to Europe, and China's stimulus measures.
The oil and gas sector surged following comments by Saudi Arabia, Russia limiting gas supplies to Europe, and China's stimulus measures.
U.S. stocks traded mostly lower toward the end of trading, with the Dow Jones dropping over 100 points on Tuesday. The Dow traded down 0.35% to 32,946.74 while the NASDAQ rose 0.30% to 12,418.54. The

Why Small-Cap Natural Gas Stocks Were Soaring Today

05:49pm, Tuesday, 23'rd Aug 2022 The Motley Fool
While oil prices are up, it's natural gas that's becoming the scarcer commodity.

Nasdaq Turns Lower; Crude Oil Rises Sharply

04:31pm, Tuesday, 23'rd Aug 2022 Benzinga
U.S. stocks traded lower midway through trading, with the Nasdaq Composite turning negative on Tuesday. The Dow traded down 0.59% to 32,868.65 while the NASDAQ fell 0.12% to 12,366.62. The S&P 500 als
While oil prices are up, it's natural gas that's becoming the scarcer commodity.
Obsidian's debt refinancing takes care of its near-term debt maturity issues that it had been pushing off for years. The 11.95% interest rate on its new notes is very high, but its interest costs won'
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.
I discuss the reasons why the current supercycle in commodities may last longer than priced in. I argue that Obsidian Energy and Baytex Energy could at least double if current macroeconomic trends con
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