Obsidian Energy Ltd. (TSE:OBE) Director Gordon Malcolm Ritchie Acquires 11,000 Shares

Obsidian Energy Ltd. (TSE:OBE) Director Gordon Malcolm Ritchie acquired 11,000 shares of Obsidian Energy stock in a transaction on Thursday, September 5th. The stock was acquired at an average cost of C$7.99 per share, for a total transaction of C$87,890.00.

Obsidian Energy Price Performance

Shares of OBE stock opened at C$8.00 on Friday. Obsidian Energy Ltd. has a 52-week low of C$7.97 and a 52-week high of C$12.37. The stock has a market cap of C$608.08 million, a PE ratio of 6.11, a PEG ratio of 0.08 and a beta of 2.35. The company has a debt-to-equity ratio of 22.94, a quick ratio of 0.41 and a current ratio of 0.49. The firm’s 50 day moving average price is C$9.66 and its two-hundred day moving average price is C$10.22.

Obsidian Energy (TSE:OBE) last announced its quarterly earnings data on Thursday, August 1st. The company reported C$0.46 earnings per share (EPS) for the quarter. Obsidian Energy had a net margin of 15.81% and a return on equity of 6.56%. The firm had revenue of C$208.40 million for the quarter. As a group, analysts forecast that Obsidian Energy Ltd. will post 1.7128099 EPS for the current year.

Obsidian Energy Company Profile

Obsidian Energy Ltd. engages in the exploration, production, and development of oil and natural gas properties in the Western Canada. The company was formerly known as Penn West Petroleum Ltd. and changed its name to Obsidian Energy Ltd. in June 2017. Obsidian Energy Ltd. is headquartered in Calgary, Canada.