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

Obsidian Energy Ltd opened trading today at $8.63 and closed at $8.52. prices ranged from a low of $8.44 to a high of $8.73.

Share prices eased -0.12% from the previous day's close of $8.53.

Today across North America, the TSX Composite closed -0.45% at 21880.95, the S&P 500 closed -0.77% at 5199.50, the Dow Jones Industrial Average closed -0.60% at 38763.45 and the Nasdaq Composite closed 1.03% at 16366.85.

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

Trading volume was 157,804 on 1,123 total trades, while having an average volume of 265,030 over 5 days.

The TSX overall saw 1,858 price advancers against 3,319 declines and 108 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 eased -8.97% in the last 52 weeks, while they have eased -5.23% year-to-date.

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 $648.33 million on a float of 76,005 shares outstanding. Its annual EPS is $1.31.

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.

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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..