Two ex-Penn West executives must face U.S. SEC fraud charges [Reuters]
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: Reuters
Two ex-Penn West executives must face U.S. SEC fraud charges | Reuters 3 Min Read NEW YORK (Reuters) - A U.S. judge has ordered two former finance executives at Penn West Petroleum Ltd, now known as Obsidian Energy Ltd ( OBE.TO ), to face regulatory charges that they helped engineer a multi-year accounting fraud to reduce the Canadian company’s operating expenses. In a decision made public on Monday, U.S. District Judge Gregory Woods in Manhattan said the Securities and Exchange Commission’s complaint raised a “strong inference” that Todd Takeyasu and Jeffery Curran intended to defraud investors. Prior to being terminated in 2014, Takeyasu had been Penn West’s chief financial officer, and Curran reported to him as vice president of accounting and reporting. The SEC accused them of helping to move hundreds of millions of dollars to capital expense accounts from operating expense accounts, reducing reported operating costs and making oil extraction activities appear more profitable an
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 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