Mark Kristian Rodger Hawkins Sells 25,000 Shares of Obsidian Energy Ltd. (TSE:OBE) Stock

Obsidian Energy Ltd. (TSE:OBE) Senior Officer Mark Kristian Rodger Hawkins sold 25,000 shares of the company’s stock in a transaction on Thursday, March 20th. The shares were sold at an average price of C$7.56, for a total transaction of C$189,000.00.

Obsidian Energy Trading Down 2.0 %

Shares of TSE:OBE opened at C$8.14 on Friday. Obsidian Energy Ltd. has a 12-month low of C$6.85 and a 12-month high of C$12.37. The company has a market capitalization of C$618.68 million, a PE ratio of 5.30, a PEG ratio of 0.08 and a beta of 2.30. The business has a 50 day moving average of C$7.77 and a two-hundred day moving average of C$7.93. The company has a current ratio of 0.45, a quick ratio of 0.41 and a debt-to-equity ratio of 20.55.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on the company. Royal Bank of Canada reduced their price objective on Obsidian Energy from C$13.00 to C$12.00 in a research note on Tuesday, January 14th. BMO Capital Markets boosted their price target on Obsidian Energy from C$12.00 to C$14.00 in a report on Thursday, February 20th.

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.