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Provided Content: Content provided by Baystreet. The Globe and Mail was not involved, and material was not reviewed prior to publication.

Stocks in play: Obsidian Energy Ltd.

Baystreet.ca - Baystreet - Thu Oct 31, 9:00AM CDT

Reports operating and financial results for the third quarter of 2024. The Company generated FFO of $124.7 million ($1.64 per share basic) compared to $98.9 million ($1.22 per share basic) in the third quarter of 2023. Net debt levels increased to $413.6 million at September 30, 2024, compared to $330.2 million at December 31, 2023, but decreased from $432.5 million at June 30, 2024. Obsidian Energy Ltd. shares T.OBE are trading up $0.24 at $8.22.

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