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

In today's trading, Obsidian Energy Ltd opened at $9.45 and closed at $8.81. It traded at a low of $8.78 to a high of $9.52.

Share prices tumbled -9.55 percent from the previous day's close of $9.74.

Today across North America, the TSX Composite closed -2.18% at 22227.63, the S&P 500 closed -1.84% at 5346.56, the Dow Jones Industrial Average closed -1.51% at 39737.26 and the Nasdaq Composite closed -2.43% at 16776.16.

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

A total of 429,921 shares was traded during the session, with total trades of 3,082, with an average volume of 235,960 in the last five days.

The TSX overall saw 432 price advancers against 4,843 declines and 43 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, in the last 12 months, Obsidian Energy Ltd's shares have dipped -2.44%, while this year, they have eased -2.00%.

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 $669.61 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.

Obsidian Energy Ltd is holding an average recommendation of "Moderate Buy" from 2.00 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..