Obsidian Energy’s $3 Million Note Purchase Offer Yields No Tenders

Obsidian Energy ( (TSE:OBE) ) has shared an announcement.

Obsidian Energy announced that its offer to purchase up to $3.0 million of its outstanding 11.95 percent Senior Unsecured Notes, which expired on March 11, 2025, did not result in any valid tenders. The company continues to have $114.2 million in outstanding notes, and this outcome may impact its financial strategy and obligations moving forward.

More about Obsidian Energy

Obsidian Energy is a company listed on both the Toronto Stock Exchange and the NYSE American exchange under the symbol ‘OBE’.

YTD Price Performance: -13.38%

Average Trading Volume: 467,088

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $391.5M

For an in-depth examination of OBE stock, go to TipRanks’ Stock Analysis page.