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OBSIDIAN ENERGY LTD. [OBELF]  posts $810.10M profit as revenue rises 70.84% to $771.00M

OBSIDIAN ENERGY LTD. [OBELF] posts $810.10M profit as revenue rises 70.84% to $771.00M

By USInMinutes
Published - Mar 02, 2023, 11:55 PM ET
Last Updated - Mar 06, 2023, 12:29 PM EST
EPS:9.6 Net Sales: $771.00M  
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OBSIDIAN ENERGY LTD. [OBELF] posted a profit of $810.10M, marking a rise of 95.68% for this year.

Revenue rose to $771.00M this year compared to $451.30M in the previous year.

The company’s earnings per share came in at 9.6, compared to 5.34 in the last report.

According to the latest annual report the company has filed with the SEC, current earnings were $810.10M, up 95.68% from $414.00M.

The company’s net sales for the period were $771.00M, up 70.84%. Net sales in the previous year were $451.30M.

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