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

In market activity today, Obsidian Energy Ltd shares opened at $10.17 and closed at $10.33. Intraday prices ranged from $10.16 to $10.34.

Shares advanced 2.89% from the previous day's close of $10.04.

Today across North America, the TSX Composite closed 1.25% at 23110.81, the S&P 500 closed -0.50% at 5436.44, the Dow Jones Industrial Average closed 0.50% at 40743.33 and the Nasdaq Composite closed -1.28% at 17147.42.

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

Trading volume was 140,873 on 895 total trades, while having an average volume of 150,681 over the last 5-days.

Trading across the entire TSX saw 3,418 price advancers against 1,773 declines and 138 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 13.39% in the last 12 months, while they have advanced 14.91% since the start of 2024.

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 $768.93 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.

Obsidian Energy Ltd's average recommendation is "Moderate Buy" based on 2.00 analysts according to Zacks. Currently, there are 2 buy ratings for the stock.

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