Obsidian, RBC, Supremex at 52-Week Highs on News

Obsidian Energy Ltd. (T.OBE) hit a new 52-week high of $6.42 on Thursday. Obsidian expects its full year 2021 average production to be approximately at the low end of the range of our guidance (24,600 boe/d to 24,800 boe/d) based on preliminary estimates, which reflects a minor delay in the closing of our previously announced acquisition of the remaining 45% interest in the Peace River Oil Partnership (approximately 70 boe/d annualized impact). Preliminary estimates for our December production, representing the first full month post-acquisition, is 27,260 boe/d, which includes contribution from six new wells brought on production mid-month. An additional seven drilled wells are expected to be on production in the first quarter of 2022.

Royal Bank of Canada (T.RY) hit a new 52-week high of $138.99 on Thursday. RBC CEO Dave McKay is scheduled to speak at the virtual RBC Capital Markets Canadian Bank CEO Conference on Monday, January 10, from 8:35 a.m. to 9:10 a.m. (EST) .

Supremex Inc. (T.SXP) hit a new 52-week high of $3.09 on Thursday. Wednesday, Supremex’s Board of Directors also declared a dividend of $0.025 per common share, payable on February 15, to the shareholders of record at the close of business on January 31. Starting in the first quarter of 2022, the Board will reinstate its quarterly dividends of $0.025 per common share. On an annual basis, this represents a dividend of $0.10 per common share.

Canadian Natural Resources Limited (T.CNQ) hit a new 52-week high of $56.87 on Thursday. No news stories available today.

Cenovus Energy Inc. (T.CVE) hit a new 52-week high of $16.95 on Thursday. No news stories available today.

Enerplus Corporation (T.ERF) hit a new 52-week high of $13.88 on Thursday. No news stories available today.

Headwater Exploration Inc. (T.HWX) hit a new 52-week high of $5.52 on Thursday. No news stories available today.

Imperial Oil Limited (T.IMO) hit a new 52-week high of $46.91 on Thursday. No news stories available today.

Life & Banc Split Corp. (T.LBS) hit a new 52-week high of $10.34 on Thursday. No news stories available today.

Laurion Mineral Exploration Inc. (V.LME) hit a new 52-week high of 87 cents on Thursday. No news stories available today.

MEG Energy Corp. (T.MEG) hit a new 52-week high of $12.47 on Thursday. No news stories available today.

Premium Income Corporation (T.PIC.A) hit a new 52-week high of $8.19 on Thursday. No news stories available today.

Questerre Energy Corporation (T.QEC) hit a new 52-week high of 41.5 cents on Thursday. No news stories available today.

Suncor Energy Inc. (T.SU) hit a new 52-week high of $33.91 on Thursday. No news stories available today.

Vermilion Energy Inc. (T.VET) hit a new 52-week high of $16.81 on Thursday. No news stories available today.

Whitecap Resources Inc. (T.WCP) hit a new 52-week high of $7.83 on Thursday. No news stories available today.