Obsidian Energy is an exploration and production company. Co. operates in one segment, to explore for, develop and hold interests in oil and natural gas properties and related production infrastructure in the Western Canada Sedimentary Basin. Co.'s portfolio of properties includes both unitized and non-unitized light oil, heavy oil and natural gas production. In general, the properties contain long-life, low-decline-rate reserves and include interests in several major oil and gas fields. The majority of Co.'s proved plus probable reserves are located in Alberta, Canada. Co.'s capital investments are focused on light-oil development. The OBE stock yearly return is shown above.
The yearly return on the OBE stock yearly return page and across the coverage universe of our site,
is a measure of the annual return over the calendar year 2022 for the given stock.
When performing this calculation it is important to factor in dividends, because a financial instrument's annual return is
more than just the change in price if that instrument pays a dividend or coupon.
One way to factor dividends into the return is simply to count them as cash — we don't do
that here. Instead, our website aims to empower investors
by performing the OBE annual return calculation with any dividends reinvested as applicable (on ex-dates).
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