Obsidian Energy Ltd. (TSE:OBE – Get Free Report) insider William Clifford Swadling sold 23,700 shares of Obsidian Energy stock in a transaction that occurred on Wednesday, August 19th. The stock was sold at an average price of C$16.55, for a total transaction of C$392,235.00. Following the transaction, the insider directly owned 205,277 shares in the company, valued at C$3,397,334.35. The trade was a 10.35% decrease in their position.
William Clifford Swadling also recently made the following trade(s):
- On Thursday, August 20th, William Clifford Swadling sold 22,950 shares of Obsidian Energy stock. The shares were sold at an average price of C$16.75, for a total transaction of C$384,412.50.
Obsidian Energy Trading Down 1.6%
Shares of TSE OBE opened at C$16.46 on Friday. The company’s fifty day moving average is C$13.51 and its 200-day moving average is C$13.69. The stock has a market cap of C$1.10 billion, a price-to-earnings ratio of 39.19, a P/E/G ratio of 0.08 and a beta of -0.32. Obsidian Energy Ltd. has a twelve month low of C$7.65 and a twelve month high of C$19.83. The company has a quick ratio of 0.41, a current ratio of 0.78 and a debt-to-equity ratio of 26.77.
Analyst Ratings Changes
A number of equities research analysts have recently commented on OBE shares. Raymond James Financial raised their price target on Obsidian Energy from C$19.00 to C$20.00 and gave the stock an “outperform” rating in a research report on Tuesday, June 2nd. Royal Bank Of Canada raised Obsidian Energy to a “hold” rating in a research note on Monday, May 11th. Two analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of C$14.00.
View Our Latest Stock Report on Obsidian Energy
About Obsidian Energy
Obsidian Energy is an intermediate-sized oil and gas producer with a well-balanced portfolio of high-quality assets, primarily in the Peace River, Willesden Green and Viking areas in Alberta. The Company’s business is to explore for, develop and hold interests in oil and natural gas properties and related production infrastructure in the Western Canada Sedimentary Basin.
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