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Stock Weekly: Obsidian Energy (OBE:CAD1.73) tumbles 9.9% on average volume

Apr 09, 2021 - News Bites Canadian Markets
Board and Executive Moves-Financial Results

CANADIAN WEEKLY STOCK REPORT

Obsidian Energy Ltd. (TSX:OBE), Canada's 38th largest Oil & gas - exploration & production company by market cap, has sunk 19.0c (or 9.9%) in the past week to close at CAD1.73. Compared with the S&P/TSX 60 Index which rose 12.5 points (or 1.1%) in the week, this represented a relative price change of -11.0%.

The price ranged between a low of CAD1.77 on Apr 08 and a high of CAD1.82 on Apr 07. In the past week the market cap has declined by CAD14 million (...