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Obsidian Energy Ltd (OBE.TO)

OBE.TO on Toronto Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Obsidian Energy Qtrly Total Production 28,697 BOE/D Versus 30,436 BOE/D Reported Last Year
Thursday, 2 Aug 2018 

Aug 2 (Reuters) - Obsidian Energy Ltd ::OBSIDIAN ENERGY ANNOUNCES SECOND QUARTER 2018 FINANCIAL AND OPERATIONAL RESULTS.OBSIDIAN ENERGY LTD QTRLY FFO PER SHARE $0.06.OBSIDIAN ENERGY LTD QTRLY TOTAL PRODUCTION 28,697 BOE/D VERSUS 30,436 BOE/D REPORTED LAST YEAR.OBSIDIAN ENERGY LTD - 2018 PRODUCTION AND OPERATING COST GUIDANCE IS UNCHANGED.  Full Article

Obsidian Energy Reports Qtrly Loss Per Share Of $0.13
Friday, 11 May 2018 

May 11 (Reuters) - Obsidian Energy Ltd ::OBSIDIAN ENERGY ANNOUNCES FIRST QUARTER 2018 FINANCIAL AND OPERATIONAL RESULTS.Q1 PRODUCTION AVERAGED 29,443 BOE PER DAY, A DECREASE OF SIX PERCENT RELATIVE TO Q4 2017.Q1 PRODUCTION AND OPERATING COST RESULTS WERE HAMPERED BY COLD WEATHER DOWNTIME, THIRD PARTY MAINTENANCE AND OPERATIONAL DELAYS.DO NOT EXPECT TO ADD INCREMENTAL 2019 HEDGES AT THIS TIME.CONTINUE TO EXPECT FULL YEAR PRODUCTION AND OPERATING COSTS WITHIN GUIDANCE RANGES.QTRLY LOSS PER SHARE $0.13.QTRLY FFO PER SHARE $0.07.  Full Article

Obsidian Energy Keeps 2018 Guidance Unchanged
Wednesday, 7 Mar 2018 

March 7 (Reuters) - Obsidian Energy Ltd ::OBSIDIAN ENERGY ANNOUNCES YEAR END 2017 FINANCIAL AND OPERATIONAL RESULTS AND PROPOSED COMMON SHARE CONSOLIDATION.OBSIDIAN ENERGY LTD - Q4 2017 PRODUCTION WAS 31,447 BOE PER DAY, 10 PERCENT HIGHER THAN PREVIOUS YEAR, ADJUSTED FOR A&D.OBSIDIAN ENERGY LTD - WILL PROPOSE A CONSOLIDATION OF OUTSTANDING COMMON SHARES AT UPCOMING ANNUAL AND GENERAL MEETING.OBSIDIAN ENERGY LTD - TOTAL 2018 GUIDANCE REMAINS UNCHANGED.OBSIDIAN ENERGY LTD - PROPOSED CONSOLIDATION OF SHARES IS IN A 3:1 RATIO.  Full Article

Obsidian Energy reports FY 2017 production of 31,700 BOE/D
Tuesday, 16 Jan 2018 

Jan 15 (Reuters) - Obsidian Energy Ltd ::OBSIDIAN ENERGY ANNOUNCES FULL YEAR 2017 PRODUCTION ABOVE GUIDANCE & PROVIDES OPERATIONAL UPDATE.‍FULL YEAR 2017 PRODUCTION WAS 31,700 BOE/D, ABOVE HIGH END OF GUIDANCE RANGE OF 30,500 - 31,500 BOE/D​.‍EXPERIENCED SOME UNEXPECTED PRODUCTION DOWNTIME IN DECEMBER DUE TO EXTREME COLD WEATHER IN LAST HALF OF MONTH​.‍Q4 2017 PRODUCTION WAS 31,400 BOE/D, WITH AN ESTIMATED LIQUIDS WEIGHTING OF 62%​.‍TO DATE IN JANUARY, CORPORATE PRODUCTION HAS AVERAGED OVER 32,000 BOE/D DESPITE CONTINUED COLD WEATHER RELATED DOWNTIME​.‍DECIDED TO ACCELERATE A PORTION OF 2018 CAPITAL PROGRAM INTO 2017​.SAYS ‍ANY INCREMENTAL CAPITAL AVAILABLE IN SECOND HALF OF YEAR WILL LIKELY GO TOWARDS CARDIUM DEVELOPMENT​.  Full Article

David Lorber reports 5.6 pct stake in Obsidian Energy
Monday, 20 Nov 2017 

Nov 20 (Reuters) - David Lorber::David Lorber reports 5.6 percent stake in Obsidian Energy Ltd as of November 8 - SEC filing.David Lorber says purchased securities of Obsidian Energy based on belief that such securities, when purchased, were "undervalued".  Full Article

Obsidian Energy announces $8.5 mln settlement with U.S. SEC
Wednesday, 15 Nov 2017 

Nov 15 (Reuters) - Obsidian Energy Ltd ::Obsidian Energy announces US$8.5 million settlement with the U.S. Securities and Exchange Commission.Obsidian Energy - ‍settlement is in relation to company's 2014 restatement of certain financial results while it was known as Penn West Petroleum Ltd​.Obsidian Energy - co will also be enjoined from future violations of certain provisions of U.S. Securities legislation as part of settlement​.  Full Article

Obsidian Energy Ltd Q3 FFO per share $‍0.08​
Friday, 10 Nov 2017 

Nov 10 (Reuters) - Obsidian Energy Ltd :Obsidian Energy announces strong third quarter results and 2018 budget.Obsidian Energy Ltd - ‍forecasting full year 2017 production at high end of our 30,500 - 31,500 boe per day guidance range​.Obsidian Energy Ltd - ‍anticipate five percent production growth in 2018 while investing only 80 percent of funds flow from operations​.Obsidian Energy Ltd - ‍remain on track to meet full year 2017 capital guidance​.Obsidian Energy Ltd qtrly FFO per share $‍0.08​.Obsidian Energy - ‍average corporate production for Q3 2017 was 30,166 boe per day, compared with 41,233 boe per day in Q3 2016​.Obsidian Energy Ltd sees ‍2018 2018 total capital expenditures $135 million​.  Full Article

Obsidian Energy reports qtrly FFO of $‍0.08 per share
Friday, 10 Nov 2017 

Nov 10 (Reuters) - Obsidian Energy Ltd ::Says qtrly FFO $‍0.08 per share ​.Says ‍anticipate five percent production growth in 2018​.  Full Article

Edward Kernaghan reports a 5.5 pct stake in Obsidian Energy as of Oct 3
Monday, 16 Oct 2017 

Oct 16 (Reuters) - Obsidian Energy Ltd :Edward J. Kernaghan reports a 5.5 pct stake in Obsidian Energy as of Oct 3 - SEC filing.Edward J. Kernaghan says shares acquired in Obsidian Energy Ltd "with a view towards investment".  Full Article