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Stock Weekly: Obsidian Energy (OBE:86.0c) climbs 4.9%

Dec 24, 2020 - News Bites Canadian Markets
Board and Executive Moves-Financial Results


Obsidian Energy Ltd. (TSX:OBE), Canada's 46th largest Oil & gas - exploration & production company by market cap, has lifted 4.0c (or 4.9%) in the past week to close at 86.0c. Compared with the S&P/TSX 60 Index which fell 1.7 points (or 0.2%) in the week, this represented a relative price increase of 5.0%. The stock advanced for a sixth straight week on Thursday bringing its a six-week rise to 45.0c or 109.8%.

The price ranged between a low of 0.82 on Tu...