OBSIDIAN ENERGY LTD. 6-K Analysis & Summary – 3/14/2025

⚠️This is not investment advice.

⚠️ This is an experimental project and this report is for informational purposes only and should not be considered investment advice. Conduct your own thorough research and consult with a qualified financial advisor before making any investment decisions. ⚠️

Filing date:

03/14/2025


TLDR:

Obsidian Energy announced that no notes were tendered in its offer to purchase $3.0 million of its outstanding senior unsecured notes.

ELI5:

Obsidian Energy tried to buy back some of its debt but nobody offered to sell it back to them. They still owe $114.2 million on these debts.


Accession #:

0000950170-25-039183

Published on

Analyst Summary

  • Obsidian Energy announced the expiration of its offer to purchase up to $3.0 million of its outstanding 11.95 percent Senior Unsecured Notes due July 27, 2027.
  • The offer expired on March 11, 2025, with no notes validly tendered.
  • The company currently has $114.2 million aggregate principal amount of Notes outstanding.

⚠️ This is an experimental project and this report is for informational purposes only and should not be considered investment advice. Conduct your own thorough research and consult with a qualified financial advisor before making any investment decisions. ⚠️