Obsidian Energy (TSE:OBE - Get Free Report) is set to issue its quarterly earnings data before the market opens on Thursday, May 2nd. Analysts expect the company to announce earnings of C$0.27 per share for the quarter.
Obsidian Energy (TSE:OBE - Get Free Report) last issued its earnings results on Thursday, February 22nd. The company reported C$0.42 EPS for the quarter. Obsidian Energy had a net margin of 16.53% and a return on equity of 6.70%. The company had revenue of C$173.30 million during the quarter.
Obsidian Energy Price Performance
Shares of Obsidian Energy stock traded up C$0.05 on Monday, reaching C$12.37. 215,784 shares of the stock were exchanged, compared to its average volume of 143,207. The company has a debt-to-equity ratio of 13.87, a quick ratio of 0.41 and a current ratio of 0.41. The firm has a market cap of C$956.20 million, a PE ratio of 9.66, a P/E/G ratio of 0.08 and a beta of 2.49. The firm's 50 day moving average is C$10.74 and its 200-day moving average is C$10.16. Obsidian Energy has a one year low of C$7.05 and a one year high of C$12.37.
Insider Activity at Obsidian Energy
In other news, Director John Brydson purchased 25,000 shares of the company's stock in a transaction dated Thursday, February 29th. The stock was bought at an average cost of C$7.09 per share, for a total transaction of C$177,172.50. In related news, Senior Officer Mark Kristian Rodger Hawkins sold 20,000 shares of the business's stock in a transaction on Friday, April 5th. The shares were sold at an average price of C$11.56, for a total value of C$231,112.00. Also, Director John Brydson acquired 25,000 shares of the stock in a transaction dated Thursday, February 29th. The shares were bought at an average price of C$7.09 per share, with a total value of C$177,172.50. 1.21% of the stock is owned by insiders.
Analyst Upgrades and Downgrades
Several equities research analysts have weighed in on OBE shares. BMO Capital Markets set a C$16.50 target price on Obsidian Energy and gave the stock an "outperform" rating in a research note on Tuesday, April 9th. Raymond James dropped their price objective on Obsidian Energy from C$15.50 to C$12.50 and set an "outperform" rating for the company in a research report on Friday, January 19th.
Check Out Our Latest Report on Obsidian Energy
Obsidian Energy Company Profile
(
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Obsidian Energy Ltd. engages in the exploration, production, and development of oil and natural gas properties in the Western Canada. The company was formerly known as Penn West Petroleum Ltd. and changed its name to Obsidian Energy Ltd. in June 2017. Obsidian Energy Ltd. is headquartered in Calgary, Canada.
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