Closing Bell: Obsidian Energy Ltd up on Monday (OBE)

Today, Obsidian Energy Ltd stock opened at $10.08 and closed at $10.15. prices ranged from a low of $10.03 to a high of $10.22.

Shares advanced 0.30 percent from the previous day's close of $10.12.

During the day across North America, the TSX Composite closed 0.80% at 22872.65, the S&P 500 closed -0.71% at 5505.00, the Dow Jones Industrial Average closed -0.93% at 40287.53 and the Nasdaq Composite closed -0.81% at 17726.94.

Obsidian Energy Ltd traded under OBE on the Toronto Stock Exchange (TSX).

A total of 68,829 shares was traded during the last trading day, with total trades of 490, while having an average volume of 104,405 in the last five days.

Trading across the entire TSX saw 3,734 price advancers against 1,480 declines and 101 unchanged.

During the prior 52 weeks, OBE.TO has traded as high as $12.37 (April 29,2024) and low as $8.39 (July 25,2023). Moreover, the shares have advanced 18.99% in 52 weeks, while in 2024, they have advanced 12.90%.

It announced a 0.07 dividend on July 30/15, with an September 28/15 ex-date and October 15/15 pay day.

Following today's trading, Obsidian Energy Ltd has a market capitalization of $775.06 million on a float of 76,587 shares outstanding. Its annual EPS is $1.07.

Obsidian Energy Ltd is a TSX Oil & Gas E&P company headquartered in Calgary, CAN.

Based on 2.00 analysts, Obsidian Energy Ltd gets an average recommendation of "Moderate Buy" according to Zacks. Currently, there are 2 buy ratings for the stock.

AI at The Globe and Mail
This report is produced using automated technology that summarizes market data into articles for our readers. Ongoing project experiments that leverage artificial intelligence include valuation screens across 14 categories and end-of-day Closing Summary reports for all North American securities..