Obsidian Energy Ltd. (OTCMKTS:OBELF – Get Free Report)’s stock price traded down 1.4% on Thursday . The stock traded as low as $5.7601 and last traded at $5.84. 441,615 shares changed hands during mid-day trading, a decline of 0% from the average session volume of 441,679 shares. The stock had previously closed at $5.92.
Obsidian Energy Stock Up 1.3%
The firm’s fifty day moving average price is $5.99 and its two-hundred day moving average price is $5.97. The stock has a market cap of $497.32 million, a price-to-earnings ratio of 1.48 and a beta of 2.47. The company has a debt-to-equity ratio of 0.55, a current ratio of 0.54 and a quick ratio of 0.54.
Obsidian Energy Company Profile
Obsidian Energy Ltd. is a Calgary-based independent oil and gas company specializing in the exploration, development and production of light oil and natural gas. The company focuses on generating stable cash flow through low-cost operations and disciplined capital investment. Its upstream activities are centered on exploiting long-life assets with upside potential in established plays.
The company’s core operations are located within the Western Canadian Sedimentary Basin, primarily in Alberta’s Montney and Cardium formations.
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