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-0.00169523450744022 -0.00169523450744022 -0.00169523450744022 0.00922961009606332 0.00376718779431134 0.00998304765492554 -0.0131851572800906 0.0152571105669615
Stock impact report

Obsidian Energy Announces 2019 Outlook and Hosts Investor Day Presentation

Obsidian Energy Ltd. (OBE) 
Last obsidian energy ltd. earnings: 8/2 06:30 am Check Earnings Report
US:NYSE Investor Relations: obsidianenergy.com/investor-centre
Company Research Source: PR Newswire
CALGARY, Nov. 15, 2018 /PRNewswire/ - OBSIDIAN ENERGY LTD. (TSX – OBE, NYSE – OBE.BC) ("Obsidian Energy", the "Company", "we", "us" or "our") announces its 2019 outlook. Obsidian Energy will be hosting its Investor Day Presentation later this morning to discuss the third quarter results disclosed last week, plans for 2019, the potential of our Cardium asset base and long-term strategy.David French, President and CEO commented, "Consistent with our approach to the fourth quarter discussed last week, our 2019 plan is modest and built in reaction to recent moves across the crude oil complex. The goal is to live within our means and drive towards meaningful exit rate growth if prices allow. We will closely monitor the cash generation of our base production and forward development inventory. As such: we have poured a conservative 2019 capital program of approximately $120 million, split roughly 55 percent / 45 percent between the front half and back half of the year respectively; and shoul Show less Read more
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