Obsidian Energy slams investor over 'time-consuming, distracting proxy fight' [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
Obsidian Energy slams investor over 'time-consuming, distracting proxy fight'Obsidian Energy (OBE-4.2%) and activist investor FrontFour Capital have beentrading insults this week over the appointment of new directors, which the company says would give the hedge fund control over its board.FrontFour had launched the fight on Tuesday bynominating four directors to OBE’s nine-person board, with the company saying the moves are adistraction and that it has cooperated with the hedge fund by already adding retired investment banker Gordon Ritchie to the board.FrontFour did suggest Ritchie as a director but OBE already was considering him for a board seat, says FrontFour's Stephen Loukas, who is being nominated by his firm as a board member; FrontFour owns 6.2% of OBE’s shares.The hedge fund wants OBE to sell off its older natural gas assets and operations in two Alberta oil and gas formations to focus solely on its properties in the Cardium light oil formation.See all stocks on the move »No
Show less
Read more
Impact Snapshot
Event Time:
OBE
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
OBE alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
OBE alerts
High impacting Obsidian Energy Ltd. news events
Weekly update
A roundup of the hottest topics
OBE
News
- Obsidian Energy Completes Offer to Purchase $2.0 Million of our Outstanding Senior Unsecured Notes [Yahoo! Finance]Yahoo! Finance
- Obsidian Energy: Limited Free Cash Flow Expected In 2024 As It Grows Production [Seeking Alpha]Seeking Alpha
- Obsidian Energy Announces Operational Update with Strong Start to 2024 Capital Program [Yahoo! Finance]Yahoo! Finance
- Obsidian Energy Announces TSX Approval for Renewal of Normal Course Issuer Bid [Yahoo! Finance]Yahoo! Finance
- Obsidian Energy Announces Launch of an Offer to Purchase up to $2.0 Million of our Outstanding Senior Unsecured Notes [Yahoo! Finance]Yahoo! Finance
OBE
Sec Filings
- 3/27/24 - Form 6-K
- 3/15/24 - Form 6-K
- 2/28/24 - Form 6-K
- OBE's page on the SEC website