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Stock impact report

Obsidian Energy Receives Continued Listing Standard Notification from the New York Stock Exchange Regarding the Price of its Common Shares

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, Sept. 18, 2018 /PRNewswire/ - OBSIDIAN ENERGY LTD. (TSX/NYSE - OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") announces that it received notification on September 18, 2018 from the New York Stock Exchange (the "NYSE") that Obsidian Energy is no longer in compliance with one of the NYSE's continued listing standards because the average closing price of Obsidian Energy's common shares was less than US$1.00 per share over a consecutive 30 trading day period. As of September 14, 2018, the average closing price of Obsidian Energy's common shares over the preceding consecutive 30 trading day period was US$0.99 per share. The issuance of the notification is not discretionary and is sent automatically when a listed company's share price falls below the NYSE's minimum price listing standard.Under the NYSE's rules, Obsidian Energy can avoid delisting if, within six months from the date of the NYSE notification, its common shares have a closing price on the last trading da Show less Read more
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