Edward Hume Kernaghan Sells 10,214 Shares of Obsidian Energy (TSE:OBE) Stock

Key Points

• Edward Hume Kernaghan, a director at Obsidian Energy, sold 10,214 shares of the company on September 9th, totaling about C$84,163.36 at an average price of C$8.24 per share.
• The stock price of Obsidian Energy increased by 1.1% during trading, closing at C$8.18 with a market capitalization of approximately C$548.88 million.
• Obsidian Energy operates in the oil and gas sector with strategic assets in Alberta, primarily focusing on exploration and development in the Western Canada Sedimentary Basin.

Obsidian Energy Ltd. (TSE:OBE - Get Free Report) Director Edward Hume Kernaghan sold 10,214 shares of the company's stock in a transaction on Tuesday, September 9th. The stock was sold at an average price of C$8.24, for a total transaction of C$84,163.36.

Obsidian Energy Stock Up 1.1%

OBE traded up C$0.09 during trading on Tuesday, hitting C$8.18. 153,719 shares of the company's stock were exchanged, compared to its average volume of 339,672. The company has a quick ratio of 0.41, a current ratio of 0.45 and a debt-to-equity ratio of 20.55. The business's 50 day moving average is C$8.02 and its two-hundred day moving average is C$7.44. Obsidian Energy Ltd. has a fifty-two week low of C$5.35 and a fifty-two week high of C$9.04. The stock has a market cap of C$548.88 million, a P/E ratio of -2.84, a PEG ratio of 0.08 and a beta of 0.28.

Obsidian Energy Company Profile

Obsidian Energy Ltd, is an intermediate-sized oil and gas producer with strategic assets in Alberta. It operates in a single reporting segment that is exploration, development and holding an interest in oil and natural gas properties and related production infrastructure in the Western Canada Sedimentary Basin.

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