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

Obsidian Energy Ltd opened trading today at $10.44 and closed at $10.31. It traded at a low of $10.28 to a high of $10.45.

Shares eased -1.81% from the previous day's close of $10.50.

During the day across North America, the TSX Composite closed 0.34% at 22751.68, the S&P 500 closed 0.28% at 5631.22, the Dow Jones Industrial Average closed 0.53% at 40211.72 and the Nasdaq Composite closed 0.40% at 18472.57.

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

A total of 75,965 shares was traded during the last trading day, with total trades of 476. On average, Obsidian Energy Ltd has traded 93,444 shares in the last five days and 158,070 year-to-date.

The TSX market on the whole today saw 4,226 price advancers against 1,023 declines and 82 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, in the last 52 weeks, Obsidian Energy Ltd's shares have boosted 21.58%, while this year, they have advanced 14.68%.

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 $804.16 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..