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

Obsidian Energy Ltd opened trading today at $10.24 and closed at $9.74. It traded at a low of $9.58 to a high of $10.24.

The price decreased -5.71 percent from the previous day's close of $10.33.

Today across North America, the TSX Composite closed -1.68% at 22723.21, the S&P 500 closed 1.58% at 5522.30, the Dow Jones Industrial Average closed 0.24% at 40842.79 and the Nasdaq Composite closed 2.64% at 17599.40.

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

Trading volume was 325,750 on 2,360 total trades, with an average volume of 189,039 in the last five days.

The TSX market on the whole today saw 907 price advancers against 4,327 declines and 72 unchanged.

During the prior 52 weeks, OBE.TO has traded as high as $12.37 (April 29,2024) and low as $8.42 (January 22,2024). Moreover, in the last 52 weeks, Obsidian Energy Ltd's shares have raised 6.10 percent, while they have boosted 8.34% since the start of 2024.

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 $791.14 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. From those 2 analysts, 2 have buy ratings.

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..