Obsidian Energy Ltd. ($OBE) Reports Q3 2024 Earnings On Thursday

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On Thursday 31st October 2024, Obsidian Energy Ltd. (NYSE AMERICAN: OBE) will release its highly anticipated third quarter financial results. This important announcement is scheduled to occur before market open.

the firm is expected to report an estimated per share $0.76 profit for the quarter, as predicted by financial analysts on Wall Street.

Wall Street analysts have provided their insights on the company's performance for the year, forecasting a total revenue of $599.3 million. Additionally, they anticipate the earnings per share to reach profit of $1.69 during the fiscal year.

During the equivalent quarter of the preceding year, the company's financial report highlighted a per-share income of $0.22. This significant amount was the outcome of the company's total revenue, which reached an impressive $134.25 million during that particular timeframe.

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Obsidian Energy Ltd. (OBE) closed Tuesday's regular trading session at $5.58, indicating a 1.93 percent decline, with a volume of 342.20 thousand shares.