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Stock impact report

Obsidian Energy: Note Refinancing Gives It Increased Financial Flexibility [Seeking Alpha]

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: Seeking Alpha
OBE used the proceeds to redeem its CAD$80.8 million in 11.95% unsecured notes due Jul 2027 and pay down most of its credit facility debt. Interest costs are largely unchanged overall, while OBE's next note maturity has been pushed out 3.5 years. OBE had no 2026 oil hedges at last report, so it may potentially have some cash burn in 2026 depending on its capex plans. OBE has more financial flexibility to deal with a period of low oil prices now. Looking for more investing ideas like this one? Get them exclusively at Distressed Value Investing. Learn More » e-crow/iStock via Getty Images Obsidian Energy Ltd. ( OBE recently issued new unsecured notes due December 2030 to repay its unsecured notes due July 2027 as well as pay down most of its credit facility debt. The new notes have More on my IG service Free Trial Offer We are currently offering a free two-week trial to Distressed Value Investing . Join our community to receive exclusive research about various compa Show less Read more
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