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Obsidian Energy consensus EPS surges 900% on $112 million asset buy
- Obsidian Energy experienced a massive upward revision in consensus EPS estimates after acquiring Highwood Asset Management's Wilson Creek assets.
- Consensus EPS estimates for the current fiscal year surged 900% from 0.22 to 2.20 over the last seven days.
- The dramatic revision highlights how strategic asset acquisitions can immediately transform a company's projected profitability.
Supporting datasets
Supporting queries
To surface this insight, Baselight ran 5 queries across its structured data. Each one is reproducible — open it, read the SQL, and rerun it yourself.
Conclusion
Consensus EPS for period `0y` rose 900% (from 0.22 to 2.20) in 7 days as of June 4. Stock closed at $12.18 on June 3 on 489.9k volume.