bullish

Obsidian Energy (obe.to) - Monday, Jun 2, 2025

360 Views02 Sep 2025 20:32
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SUMMARY

Key points (machine generated)

  • Stephen Loukas was appointed CEO of Obsidian in 2019, guiding the company to financial stability through strategic asset transactions.
  • Loukas, with an asset manager's perspective, may consider selling the company or its assets to larger operators for maximum value.
  • On April 7, 2025, Obsidian sold its Pembina assets for $220 million, with Loukas emphasizing a cautious approach to future asset sales.

This article is sourced from an online content aggregator through publicly available sources and is displayed below for general informational purposes only. This article was originally published 3 months ago on Value Investors Club.

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