Increasing Production
We announced an operational update and revised 2024 guidance, highlighted by production growth to ~40,000 boe/d – of which our Peace River asset composed ~11,500 boe/d. Review our news release for full details on this and our upcoming presentation at the Peters’ Conference in Toronto this week.
Top Canadian Employer
We were selected as a winner for Canada’s Top 100 Employers: Small and Medium Employers for 2024 – and one of two Calgary-based oil and gas companies that were awarded this distinction. The Top 100 is a competition that recognizes the small and medium enterprises that offer the nation’s best workplaces and forward-thinking human resources policies. You can find out why Obsidian Energy was selected.
Thank you to all our employees for their contributions for making Obsidian Energy a Top Employer in the country and a great place to work.
Leading Performance
We ranked second (and first among energy companies) on the 2022 TSX30 3-year dividend-adjusted share price appreciation index with a return of +537%.
The TSX30 recognizes the 30 top performing TSX listed stocks annually, identifying companies who demonstrate robust financial performance, embrace innovation and drive meaningful growth in their industries, resulting in enhanced value for investors.
