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

In market activity today, Obsidian Energy Ltd stock opened at $9.45 and closed at $8.81. Intraday prices ranged from $8.78 to $9.52.

The price eased -9.55% from the previous day's close of $9.74.

Today across North America, the TSX Composite closed -2.18% at 22227.63, the S&P 500 closed -1.37% at 5446.68, the Dow Jones Industrial Average closed -1.21% at 40347.97 and the Nasdaq Composite closed -2.30% at 17194.15.

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

Trading volume was 429,921 on 3,082 total trades. On average, Obsidian Energy Ltd has traded 235,960 shares over the last 5-days and 159,491 year-to-date.

The TSX market on the whole today saw 741 price advancers against 4,512 declines and 69 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, the shares have dipped -2.44 percent in the last year, while in 2024, they have dipped -2.00%.

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 $745.96 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 has an average recommendation of "Moderate Buy" based on 2.00 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..