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 were recognized for Excellent in Growth in the 2024 TSX30 with a 148% 3-year market cap increase and a 142% 3-year dividend-adjusted share price performance.
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.
