Obsidian Energy

OBE-T

TSE:OBE

0.49
0.03 (5.77%)
Obsidian Energy Ltd. is a mid-sized Canadian oil and natural gas production company based in Calgary, Alberta. For a while it was one of the S&P/TSX 60, the sixty largest companies on the Toronto Stock Exchange.
More at Wikipedia

Analysis and Opinions about OBE-T

Signal
Opinion
Expert
WATCH
WATCH
July 8, 2005
A fairly complicated situation that has just recently turned itself into a trust. Has some good projects in front of it with the best one being the CO2 pipeline in Alberta. A very exciting play that will take about $1 billion in investment. Shorter term they will have a real challenge of maximizing its assets. Have traditionally under utilized its assets.
Show full opinionHide full opinion
A fairly complicated situation that has just recently turned itself into a trust. Has some good projects in front of it with the best one being the CO2 pipeline in Alberta. A very exciting play that will take about $1 billion in investment. Shorter term they will have a real challenge of maximizing its assets. Have traditionally under utilized its assets.
DON'T BUY
DON'T BUY
July 6, 2005
Dollar for dollar, with the exception of the Canadian Oil Sands Trust (COS.UN-T), feels there's much better value in the corporations than in the income trusts.
Show full opinionHide full opinion
Dollar for dollar, with the exception of the Canadian Oil Sands Trust (COS.UN-T), feels there's much better value in the corporations than in the income trusts.
BUY
BUY
June 23, 2005
Has had a terrific ride. A good company. Doesn't know what their distribution as a % of earnings is going to be, nor how quickly their reserves are going to deplete, so there's not a lot of track record to go on. Not a bad one.
Show full opinionHide full opinion
Has had a terrific ride. A good company. Doesn't know what their distribution as a % of earnings is going to be, nor how quickly their reserves are going to deplete, so there's not a lot of track record to go on. Not a bad one.
BUY
BUY
June 21, 2005
A very reasonable entry point. The low payout ratio is a good sign. This is an established management team taking over an enormous tract of land.
Show full opinionHide full opinion
A very reasonable entry point. The low payout ratio is a good sign. This is an established management team taking over an enormous tract of land.
VAGUE
VAGUE
June 20, 2005
A very well managed company and now that they have the ruling that they can go to a trust the question is what is the payout ratio going to be. If you have a company with longer than a 7/8 year proven reserve life and a P+P "poven + probable" of over 10 years, you have a good investment. Doesn't know on this one.
Show full opinionHide full opinion
A very well managed company and now that they have the ruling that they can go to a trust the question is what is the payout ratio going to be. If you have a company with longer than a 7/8 year proven reserve life and a P+P "poven + probable" of over 10 years, you have a good investment. Doesn't know on this one.
TOP PICK
TOP PICK
June 17, 2005
Had a 3 for 1 split recently. Going to have the largest production base of any royalty trust, about 100,000 barrels a day. When it goes into the index, it will be one of the top 5 names owned by pension funds.
Show full opinionHide full opinion
Had a 3 for 1 split recently. Going to have the largest production base of any royalty trust, about 100,000 barrels a day. When it goes into the index, it will be one of the top 5 names owned by pension funds.
TOP PICK
TOP PICK
June 16, 2005
Anticipated they were going to be a trust. Its intrinsic value was $66. He planned to sell off the trust portion and keep the exploration & development rump which is where the value was. Company couldn't do it, so he is going to sit on it.
Show full opinionHide full opinion
Anticipated they were going to be a trust. Its intrinsic value was $66. He planned to sell off the trust portion and keep the exploration & development rump which is where the value was. Company couldn't do it, so he is going to sit on it.
BUY
BUY
June 15, 2005
One of the larger oil producers in western Canada that decided to become an income trust. Spent many months negotiating with Revenue Canada before getting the go ahead. Everybody had anticipated that it was going to have a spin off, but they held onto all their assets and a lot of people were quite annoyed. Hasn't done much. A definite Buy.
Show full opinionHide full opinion
One of the larger oil producers in western Canada that decided to become an income trust. Spent many months negotiating with Revenue Canada before getting the go ahead. Everybody had anticipated that it was going to have a spin off, but they held onto all their assets and a lot of people were quite annoyed. Hasn't done much. A definite Buy.
WAIT
WAIT
June 10, 2005
Very large, well diversified royalty trusts that will be in demand going forward. What may be holding back the units at this time, people will have to become more comfortable as to how it will operate as an income trust.
Show full opinionHide full opinion
Very large, well diversified royalty trusts that will be in demand going forward. What may be holding back the units at this time, people will have to become more comfortable as to how it will operate as an income trust.
BUY WEAKNESS
BUY WEAKNESS
January 29, 2004
Has about 5,000,000 acres of undeveloped land. Farming out their land which should be quite successful. Relatively low payout ratio.
Show full opinionHide full opinion
Obsidian Energy (OBE-T)
January 29, 2004
Has about 5,000,000 acres of undeveloped land. Farming out their land which should be quite successful. Relatively low payout ratio.
Showing 586 to 595 of 595 entries