Obsidian Energy Reports Q3 GAAP EPS of $1.26 and Increased AFFO
Obsidian Energy Ltd. has released its third-quarter financial results, reporting a GAAP Earnings Per Share (EPS) of $1.26. The company demonstrated significant growth in its Adjusted Funds From Operations (AFFO), which reached $80.7 million ($1.22 per share basic) for the quarter. This represents a substantial increase compared to the $55.2 million ($0.82 per share basic) reported during the same period in the previous year. The improved cash flow metrics suggest strengthened operational performance and enhanced liquidity for the energy producer.
Tickers: $OBE
Topics: AFFO earnings report financial results GAAP EPS