Two ex-Penn West execs to face SEC fraud charges, judge rules [Seeking Alpha]
Obsidian Energy Ltd. (OBE)
Last obsidian energy ltd. earnings: 8/2 06:30 am
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Source: Seeking Alpha
Two ex-Penn West execs to face SEC fraud charges, judge rulesTwo former finance executives at Penn West, now known as Obsidian Energy (NYSE:OBE), are ordered by a U.S. District Judge to face SEC charges that theyhelped create a multi-year accounting fraud to reduce the company's operating expenses.The judge says the SEC's complaint raised a "strong inference" that the two former execs - one of them former Penn West CFO - had planned to defraud investors.OBE agreed last November to pay $8.5M in civil fines to settle related SEC charges.Click to subscribe to real-time analytics on OBENow read:Whiting Petroleum: Printing Money In The Bakken »
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OBE
News
- Obsidian Energy Announces Date of First Quarter 2024 Results and AGM Webcast [Yahoo! Finance]Yahoo! Finance
- 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
OBE
Sec Filings
- 4/26/24 - Form 6-K
- 3/27/24 - Form 6-K
- 3/15/24 - Form 6-K
- OBE's page on the SEC website