Obsidian Energy Q3 EPS $0.26 Misses $0.50 Estimate, Sales $176.600M Up From $128.700M YoY

Obsidian Energy (TSX:OBE) reported quarterly earnings of $0.26 per share which missed the analyst consensus estimate of $0.50 by 48 percent. This is a 8.33 percent increase over earnings of $0.24 per share from the same period last year. The company reported $176.600 million in sales this quarter. This is a 37.22 percent increase over sales of $128.700 million the same period last year.