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Obsidian Energy (OTCMKTS:OBELF) Stock Price Up 1% - Still a Buy?

Obsidian Energy logo with Energy background

Key Points

  • Shares of Obsidian Energy increased by 1% to last trade at $5.90, after reaching a high of $6.13.
  • The company has a current market capitalization of $476.33 million and a PE ratio of 1.41.
  • Obsidian Energy specializes in exploring and producing oil and natural gas in the Western Canada Sedimentary Basin.
  • Interested in Obsidian Energy? Here are five stocks we like better.

Obsidian Energy Ltd. (OTCMKTS:OBELF - Get Free Report)'s share price rose 1% during mid-day trading on Thursday . The stock traded as high as $6.13 and last traded at $5.90. Approximately 290,798 shares traded hands during trading, a decline of 34% from the average daily volume of 441,679 shares. The stock had previously closed at $5.84.

Obsidian Energy Stock Up 1.7%

The stock has a market capitalization of $492.48 million, a price-to-earnings ratio of 1.46 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. The firm has a 50 day simple moving average of $5.84 and a 200-day simple moving average of $5.36.

Obsidian Energy Company Profile

(Get Free Report)

Obsidian Energy Ltd. is an exploration and production company. The firm engages in exploring, developing, and holds interests in oil and natural gas properties and related production infrastructure in the Western Canada Sedimentary Basin directly and through investments in securities of subsidiaries holding such interests.

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