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 firm’s stock in a transaction dated Thursday, March 20th. The shares were sold at an average price of C$7.56, for a total value of C$189,000.00.

Obsidian Energy Stock Down 2.0 %

Shares of Obsidian Energy stock traded down C$0.17 during trading on Friday, reaching C$8.14. The company had a trading volume of 187,372 shares, compared to its average volume of 286,702. The company has a debt-to-equity ratio of 20.55, a quick ratio of 0.41 and a current ratio of 0.45. Obsidian Energy Ltd. has a fifty-two week low of C$6.85 and a fifty-two week high of C$12.37. The firm’s fifty day moving average is C$7.78 and its 200-day moving average is C$7.94. The company has a market cap of C$618.68 million, a price-to-earnings ratio of 5.30, a price-to-earnings-growth ratio of 0.08 and a beta of 2.30.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on OBE shares. BMO Capital Markets increased their price target on Obsidian Energy from C$12.00 to C$14.00 in a report on Thursday, February 20th. Royal Bank of Canada reduced their target price on Obsidian Energy from C$13.00 to C$12.00 in a research note on Tuesday, January 14th.

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.