Closing Bell: Obsidian Energy Ltd down on Wednesday (OBE)

Today during trading, shares of Obsidian Energy Ltd opened at $10.04 and closed at $9.98. Intraday prices ranged from a low of $9.95 to a high of $10.16.

Share prices dipped -0.20 percent from the previous day's close of $10.00.

Today across North America, the TSX Composite closed -0.76% at 22639.57, the S&P 500 closed -0.16% at 5555.74, the Dow Jones Industrial Average closed -0.14% at 40358.09 and the Nasdaq Composite closed -0.06% at 17997.35.

Obsidian Energy Ltd has listed on the Toronto Stock Exchange (TSX) under the ticker OBE.

A total of 178,558 shares was traded during the last trading day, with total trades of 1,095. On average, Obsidian Energy Ltd has traded 129,764 shares in the last five days and 156,765 year-to-date.

Trading across the entire TSX saw 1,249 price advancers against 3,959 declines and 110 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, in the last 52 weeks, Obsidian Energy Ltd's shares have boosted 15.38%, while in 2024, they have boosted 11.01%.

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 $765.87 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.

Currently, Obsidian Energy Ltd's consensus rating is "Moderate Buy" based on 2 analysts 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..