Obsidian Energy Ltd.
OBEObsidian Energy Ltd. (OBE) is a Canadian energy company engaged in the exploration, development, and production of oil and natural gas primarily in Alberta and Saskatchewan. Originally established as Penn West Exploration, the company rebranded to Obsidian Energy in 2018 following a corporate restructuring. It focuses on responsible resource development, aiming to optimize its asset portfolio and deliver value to shareholders through efficient operations.
Dividend History
| Pay Date | Amount | Ex-Date | Record Date |
|---|---|---|---|
| October 15, 2015 | $0.01 | 2015-09-28 | 2015-09-30 |
| July 15, 2015 | $0.01 | 2015-06-26 | 2015-06-30 |
| April 15, 2015 | $0.01 | 2015-03-27 | 2015-03-31 |
| January 15, 2015 | $0.14 | 2014-12-29 | 2014-12-31 |
| October 15, 2014 | $0.14 | 2014-09-26 | 2014-09-30 |
Dividends Summary
- Consistent Payer: Obsidian Energy Ltd. has rewarded shareholders with 19 dividend payments over the past 4 years.
- Total Returned Value: Investors who held OBE shares during this period received a total of $3.51 per share in dividend income.
- Latest Payout: The most recent dividend of $0.01/share was paid 3753 days ago, on October 15, 2015.
- Yield & Schedule: OBE currently pays dividends quarterly with an annual yield of 2.62%.
- Dividend Growth: Since 2011, the dividend payout has decreased by 96.4%, from $0.28 to $0.01.
Company News
InPlay Oil Corp. has completed the acquisition of its common shares by Delek Group Ltd., with two new board members appointed from Delek and two previous board members stepping down.
InPlay Oil Corp. has completed the acquisition of Cardium light oil assets in the Pembina area of Alberta from Obsidian Energy Ltd. for net consideration of approximately $301 million. The acquisition was funded through a combination of a bought deal financing, an amended credit facility, and the issuance of InPlay shares to the vendor.
Obsidian (OBE) resumes production after resolving its dispute with Woodland Cree First Nation. The two parties have entered into an equitable agreement that is fair and beneficial to both.
Prompt-month natural gas futures have exceeded $3 per million British thermal units on Monday, marking the highest level since mid-January 2024 and hitting a potential four-day winning streak, spurred by forecasts predicting increased cooling demand due to anticipated warm weather in June. Last week, natural gas prices rose by 12.8%, and are curr...
Canadian Natural Resources, Ovintiv and Obsidian Energy are part of the Zacks Industry Outlook article.
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