Obsidian Energy Ltd. (TSE:OBE) Senior Officer Sells C$294,297.17 in Stock

Obsidian Energy Ltd. (TSE:OBE) Senior Officer Mark Kristian Rodger Hawkins sold 30,150 shares of the stock in a transaction that occurred on Wednesday, June 19th. The shares were sold at an average price of C$9.76, for a total value of C$294,297.17.

Mark Kristian Rodger Hawkins also recently made the following trade(s):

• On Friday, April 5th, Mark Kristian Rodger Hawkins sold 20,000 shares of Obsidian Energy stock. The stock was sold at an average price of C$11.56, for a total transaction of C$231,112.00.

Obsidian Energy Stock Performance

TSE OBE opened at C$9.97 on Friday. The company has a debt-to-equity ratio of 17.33, a current ratio of 0.45 and a quick ratio of 0.41. Obsidian Energy Ltd. has a 1-year low of C$7.05 and a 1-year high of C$12.37. The company has a market cap of C$763.60 million, a PE ratio of 9.32, a price-to-earnings-growth ratio of 0.08 and a beta of 2.50. The stock’s 50 day simple moving average is C$10.62 and its 200-day simple moving average is C$9.99.

Obsidian Energy (TSE:OBE) last announced its quarterly earnings data on Thursday, May 2nd. The company reported C$0.15 earnings per share for the quarter, missing analysts’ consensus estimates of C$0.27 by C($0.12). Obsidian Energy had a net margin of 13.72% and a return on equity of 5.50%. The firm had revenue of C$177.30 million during the quarter. As a group, equities research analysts anticipate that Obsidian Energy Ltd. will post 1.3406593 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Separately, BMO Capital Markets set a C$16.50 target price on shares of Obsidian Energy and gave the company an “outperform” rating in a research report on Tuesday, April 9th.

About Obsidian Energy

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.