AI OBE Forecast


Price Forecast:


Bearish<->Bullish


Bullish Case: Obsidian Energy (OBE) may experience significant growth due to anticipated revenue increases from successful expansion and resolution of environmental disputes, coupled with a recovering oil market.


Bearish Case: Continued legal challenges and environmental disputes may severely hinder OBE's operations, leading to sustained low prices and investor skepticism amid high volatility.


Potential Outcomes:

1. 40% chance of revenue growth driven by successful operational strategies.

2. 30% chance of escalating legal disputes harming production.

3. 30% chance of volatility leading to short-term price drops.


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September 18, 2024


Obsidian Energy Forecast

OBE      Obsidian Energy











Correlated Assets

Assets that tend to move strongly with OBE



OXY Forecast + Options Trading Strategies   OXY  Occidental Petroleum (0.91)


MUR Forecast + Options Trading Strategies   MUR  Murphy Oil (0.9)


CIVI Forecast + Options Trading Strategies   CIVI  Civitas Resources Inc New (0.9)


CTRA Forecast + Options Trading Strategies   CTRA  Coterra Energy (0.87)


XOP Forecast + Options Trading Strategies   XOP  SPDR Oil & Gas Exploration and Production (0.85)



Uncorrelated Assets

Assets with little price relationship to OBE



CPA Forecast + Options Trading Strategies   CPA  Copa (0.0)


CG Forecast + Options Trading Strategies   CG  Carlyle (0.0)


AMAT Forecast + Options Trading Strategies   AMAT  Applied Materials (0.0)


C Forecast + Options Trading Strategies   C  Citigroup (-0.0)


WM Forecast + Options Trading Strategies   WM  Waste Management (0.0)



Anticorrelated Assets

Assets that tend to move strongly against OBE



EDV Forecast + Options Trading Strategies   EDV  Vanguard Group, Inc. - Vanguard Extended Duration Treasury (-0.8)


VCLT Forecast + Options Trading Strategies   VCLT  Vanguard Long-Term Corporate Bond (-0.8)


TMF Forecast + Options Trading Strategies   TMF  Direxion Daily 20+ Year Treasury Bull 3X Shares (-0.8)


BLV Forecast + Options Trading Strategies   BLV  Vanguard Group, Inc. - Vanguard Long-Term Bond (-0.81)


FXF Forecast + Options Trading Strategies   FXF  Rydex Investments - Invesco CurrencyShares Swiss Franc (-0.83)





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