Obsidian Energy Ltd. (OTCMKTS:OBELF – Get Free Report)’s share price passed below its 200-day moving average during trading on Thursday. The stock has a 200-day moving average of $10.15 and traded as low as $9.14. Obsidian Energy shares last traded at $9.21, with a volume of 1,313,973 shares traded.
Obsidian Energy Stock Performance
The stock has a market capitalization of $743.56 million, a price-to-earnings ratio of 2.21 and a beta of 2.47. The stock’s 50 day moving average is $11.46 and its 200 day moving average is $10.15. The company has a current ratio of 0.54, a quick ratio of 0.54 and a debt-to-equity ratio of 0.55.
About Obsidian Energy
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.
See Also
- Five stocks we like better than Obsidian Energy
- Google’s Credit Backstop May Be TeraWulf’s Biggest Advantage
- Could the Midterms Revive Medicare for All? 3 Healthcare Stocks to Watch
- Qualcomm Beat Earnings, But Its Fastest-Growing Businesses Have a Catch
- Oil, Uranium, or Renewables? 3 Energy Plays for a Changing Market
Receive News & Ratings for Obsidian Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Obsidian Energy and related companies with MarketBeat.com's FREE daily email newsletter.
