Obsidian Energy Ltd. (TSE:OBE - Get Free Report) Senior Officer Mark Kristian Rodger Hawkins sold 25,000 shares of the stock in a transaction that occurred on Thursday, March 20th. The shares were sold at an average price of C$7.56, for a total value of C$189,000.00.
Obsidian Energy Trading Up 2.0 %
TSE:OBE traded up C$0.16 during midday trading on Monday, hitting C$8.30. 241,752 shares of the company traded hands, compared to its average volume of 287,163. The company has a current ratio of 0.45, a quick ratio of 0.41 and a debt-to-equity ratio of 20.55. The firm's fifty day moving average is C$7.76 and its 200-day moving average is C$7.92. The firm has a market capitalization of C$630.84 million, a P/E ratio of 5.41, a P/E/G ratio of 0.08 and a beta of 2.30. Obsidian Energy Ltd. has a 12-month low of C$6.85 and a 12-month high of C$12.37.
Wall Street Analyst Weigh In
Several research firms have commented on OBE. BMO Capital Markets increased their price objective on shares of Obsidian Energy from C$12.00 to C$14.00 in a research report on Thursday, February 20th. Royal Bank of Canada lowered their price target on shares of Obsidian Energy from C$13.00 to C$12.00 in a report on Tuesday, January 14th.
Read Our Latest Research Report on Obsidian Energy
About Obsidian Energy
(
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Obsidian Energy Ltd. engages in the exploration, production, and development of oil and natural gas properties in the Western Canada. The company was formerly known as Penn West Petroleum Ltd. and changed its name to Obsidian Energy Ltd. in June 2017. Obsidian Energy Ltd. is headquartered in Calgary, Canada.
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