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Obsidian Energy (OTCMKTS:OBELF) Trading Down 1.9% - What's Next?

Obsidian Energy logo with Energy background

Key Points

  • Obsidian Energy Ltd. shares fell by 1.9% during mid-day trading, with a last trading price of $5.55.
  • The company's market capitalization stands at $448.07 million, accompanied by a P/E ratio of 1.33 and a beta of 2.47, indicating higher volatility compared to the market.
  • Obsidian Energy is involved in exploring, developing, and holding interests in oil and natural gas properties in the Western Canada Sedimentary Basin.
  • Want stock alerts on Obsidian Energy? Get 5 Weeks of MarketBeat All Access for $5. Get My Stock Alerts.

Obsidian Energy Ltd. (OTCMKTS:OBELF - Get Free Report) traded down 1.9% on Wednesday . The stock traded as low as $5.55 and last traded at $5.55. 200,480 shares changed hands during mid-day trading, a decline of 55% from the average session volume of 441,679 shares. The stock had previously closed at $5.66.

Obsidian Energy Stock Performance

The firm has a market capitalization of $486.02 million, a price-to-earnings ratio of 1.44 and a beta of 2.47. The company has a quick ratio of 0.54, a current ratio of 0.54 and a debt-to-equity ratio of 0.55. The stock has a 50-day moving average price of $5.73 and a 200 day moving average price of $5.29.

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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