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

In market activity today, Obsidian Energy Ltd stock opened at $10.29 and closed at $10.50. prices ranged from a low of $10.21 to a high of $10.55.

Shares surged 2.44 percent from the previous day's close of $10.25.

Today across North America, the TSX Composite closed 0.57% at 22673.52, the S&P 500 closed 0.55% at 5615.35, the Dow Jones Industrial Average closed 0.62% at 40000.90 and the Nasdaq Composite closed 0.63% at 18398.45.

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

A total of 87,495 shares was traded during the last trading day, with total trades of 586. On average, Obsidian Energy Ltd has traded 92,136 shares over 5 days and 158,674 year-to-date.

Trading across the entire TSX saw 3,258 price advancers against 1,978 declines and 100 unchanged.

During the prior 52 weeks, OBE.TO has traded as high as $12.37 (April 29,2024) and low as $8.18 (July 17,2023). Moreover, the shares have boosted 23.82 percent in the last year, while this year, they have raised 16.80%.

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 $785.02 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. 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..