Obsidian Energy Ltd. (OTCMKTS:OBELF – Get Free Report)’s share price was down 0.3% during trading on Tuesday. The company traded as low as $11.6224 and last traded at $12.00. Approximately 573,546 shares traded hands during trading, an increase of 30% from the average session volume of 441,679 shares. The stock had previously closed at $12.04.
Obsidian Energy Price Performance
The stock has a fifty day simple moving average of $11.56 and a two-hundred day simple moving average of $10.01. The company has a market cap of $951.85 million, a PE ratio of 2.83 and a beta of 2.47. The company has a current ratio of 0.54, a quick ratio of 0.54 and a debt-to-equity ratio of 0.55.
Obsidian Energy Company Profile
Obsidian Energy Ltd. is a Canadian oil and natural gas exploration and production company. The company focuses on developing and operating conventional petroleum assets, with production that includes crude oil, natural gas liquids and natural gas.
Obsidian Energy’s operations are concentrated in Alberta, Canada, including properties in the Peace River and Cardium areas of the Western Canadian Sedimentary Basin. Its activities include drilling, field development, production optimization and the management of related infrastructure.
The company was formerly known as Penn West Petroleum Ltd.
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