Sign in to follow this  
Followers 0
R

OBE obsidian energy tsx

Recommended Posts

Hey all been a long while since I've been on the chat board. Just sharing a TSX stock I'm holding. I weighed the price per liquid barrel and return per barrel oil equivalent and found it to be one of the most leveraged to WTI. Also a bit of an underdog since 2018 & 19' had severe issues (20' didn't help) I've been long since 2.05$ per share. And I post alot about it (per boe$ capex per boe and nat gas price effect on it) on Twitter . You can find it by searching $OBE. As always do your own Due diligence I'm only here to share info. I expect (based on oil prices nat gas and ngl prices) at least 1B$ CAD enterprise value. Currently 435M$ debt but should exit 2021 at 390M$ or less. Leaving a 610M$ market cap over 74M shares or 8.24$ per share. At 3.3$ pretty large upside and already hit 5.15 earlier this year. I'll add info if people ask or I get hits. Thanks hope your all well.

  • Upvote 1

Share this post


Link to post
Share on other sites

Looks decent at first look.  Thanks

Share this post


Link to post
Share on other sites

18 minutes ago, -trance said:

Looks decent at first look.  Thanks

No problem! Should be around 32$/BOE by 24,651 (probably closer to 25k q3) boe per day at current oil+ ngl+ gas price. Before capital expenses (capex) 53.4$ sale price before pumping and cash costs.

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
You are posting as a guest. If you have an account, please sign in.
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Sign in to follow this  
Followers 0