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

In today's trading, shares of Obsidian Energy Ltd opened at $9.92 and closed at $10.04. It traded at a low of $9.72 to a high of $10.05.

Share prices advanced 0.60% from the previous day's close of $9.98.

Today across North America, the TSX Composite closed -0.14% at 22608.03, the S&P 500 closed -2.31% at 5427.13, the Dow Jones Industrial Average closed -1.25% at 39853.87 and the Nasdaq Composite closed -3.64% at 17342.41.

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

A total of 133,618 shares was traded during the last trading day, with total trades of 1,055. On average, Obsidian Energy Ltd has traded 122,701 shares over the last 5-days and 156,588 year-to-date.

The TSX market on the whole today saw 3,490 price advancers against 1,736 declines and 92 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 advanced 15.67% in the last 12 months, while they have advanced 11.68% this year.

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 $764.34 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. 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..