Intel stock spikes after report of possible US government stake
Obsidian Energy Ltd. (NYSE:OBE), a Calgary-based crude petroleum and natural gas company currently trading at CAD 4.19, has released an operations update as part of its latest SEC Form 6-K filing, dated June 3, 2025. The company maintains a FAIR financial health rating according to InvestingPro analysis, with a relatively low beta of 0.55. The update was filed with the U.S. Securities and Exchange Commission and signed by Stephen E. Loukas, President and CEO of Obsidian Energy.
The filing, which is a periodic report of foreign private issuers, provides insights into the company’s ongoing operations. While specific operational details were not disclosed in the document, InvestingPro data shows the company generated revenue of $4.83M in the last twelve months, with an 11.94% year-over-year decline. The company maintains a strong liquidity position with a current ratio of 3.05. Get access to 12+ additional key metrics and real-time analysis with InvestingPro.
Obsidian Energy, previously known as Penn West Petroleum (TSX:OBE) Ltd. and Penn West Energy Trust, operates in the crude petroleum and natural gas sector. The company is incorporated in Alberta, Canada, and maintains its principal executive offices in Calgary.
This information is based on a press release statement included in the SEC filing, and no additional financial or operational specifics were provided in the document.
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