Off goes OBE as energy sector soars

Obsidian Energy Ltd (OBE) is trading 12% higher at $10.02 today. So far the Energy sector has been having a bullish day, and the share price of the company is leaping past it's peers.

The stock seems be moving purely on thematic sector buying in the energy space.

Obsidian Energy Ltd has been trading between a 52-week high of $12.52 and a 52-week low of $6.07. The stock has a market cap of $801 Million.

Obsidian Energy Ltd. engages the production of oil and gas. It also involves in acquiring, exploring, developing, exploiting, and holding interests in petroleum and natural gas properties and related assets.