Obsidian Energy Ltd. (OTCMKTS:OBELF – Get Free Report) shares were up 2.2% on Monday . The stock traded as high as $10.83 and last traded at $10.67. 497,566 shares traded hands during trading, an increase of 13% from the average daily volume of 441,679 shares. The stock had previously closed at $10.44.
Obsidian Energy Stock Up 2.2%
The company has a current ratio of 0.54, a quick ratio of 0.54 and a debt-to-equity ratio of 0.55. The firm has a market capitalization of $861.43 million, a price-to-earnings ratio of 2.56 and a beta of 2.47. The stock has a fifty day moving average of $9.52 and a 200-day moving average of $9.73.
About Obsidian Energy
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.
Further Reading
- Five stocks we like better than Obsidian Energy
- Commodities Are Booming, But These 3 ETFs Tell Different Stories
- 3 Active ETFs Making Big Moves in August
- This ETF Is Outperforming by Avoiding the S&P 500’s Biggest Problem
- Birkenstock Beats the Skeptics—But Not on EPS
Receive News & Ratings for Obsidian Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Obsidian Energy and related companies with MarketBeat.com's FREE daily email newsletter.
