NYSE:OBE - Obsidian Energy Stock Price, Price Target & More

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$1.04 -0.01 (-0.95 %)
(As of 07/20/2018 04:00 PM ET)
Previous Close$1.05
Today's Range$1.04 - $1.07
52-Week Range$0.82 - $1.44
Volume718,900 shs
Average Volume1.49 million shs
Market Capitalization$532.45 million
P/E Ratio-8.08
Dividend YieldN/A
Beta4.4
Obsidian Energy logoObsidian Energy Ltd. explores for, develops, and produces oil and natural gas in western Canada. The company primarily holds interests in the Cardium development area that covers an area of approximately 450 net sections of developed and undeveloped land located in west central Alberta; Peace River development area covering an area of 235 net sections of developed and undeveloped land located in northwestern Alberta; and Viking development area that covers an area of approximately 170 net sections of developed and undeveloped land located in Eastern Alberta. It also owns an interest in the Deep Basin development area covering an area of 700 net sections of developed and undeveloped land located located in Alberta. The company was formerly known as Penn West Petroleum Ltd. and changed its name to Obsidian Energy Ltd. in June 2017. Obsidian Energy Ltd. was founded in 1979 and is headquartered in Calgary, Canada.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Crude petroleum & natural gas
Sub-IndustryN/A
SectorOils/Energy
SymbolNYSE:OBE
CUSIPN/A
Phone403-777-2500

Debt

Debt-to-Equity Ratio0.16
Current Ratio0.66
Quick Ratio0.66

Price-To-Earnings

Trailing P/E Ratio-8.08
Forward P/E Ratio-4.52
P/E GrowthN/A

Sales & Book Value

Annual Sales$354.70 million
Price / Sales1.49
Cash Flow$0.3624 per share
Price / Cash2.87
Book Value$3.31 per share
Price / Book0.31

Profitability

EPS (Most Recent Fiscal Year)($0.13)
Net Income$-64,790,000.00
Net Margins-40.68%
Return on Equity-8.18%
Return on Assets-5.90%

Miscellaneous

Employees281
Outstanding Shares507,090,000
Market Cap$532.45

Obsidian Energy (NYSE:OBE) Frequently Asked Questions

What is Obsidian Energy's stock symbol?

Obsidian Energy trades on the New York Stock Exchange (NYSE) under the ticker symbol "OBE."

How were Obsidian Energy's earnings last quarter?

Obsidian Energy Ltd (NYSE:OBE) announced its earnings results on Friday, May, 11th. The oil and gas company reported ($0.10) earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of ($0.06) by $0.04. The oil and gas company earned $91.79 million during the quarter. Obsidian Energy had a negative net margin of 40.68% and a negative return on equity of 8.18%. View Obsidian Energy's Earnings History.

When is Obsidian Energy's next earnings date?

Obsidian Energy is scheduled to release their next quarterly earnings announcement on Thursday, August, 2nd 2018. View Earnings Estimates for Obsidian Energy.

What price target have analysts set for OBE?

6 brokerages have issued 12 month price objectives for Obsidian Energy's stock. Their predictions range from $1.71 to $2.00. On average, they expect Obsidian Energy's share price to reach $1.8550 in the next year. This suggests a possible upside of 78.4% from the stock's current price. View Analyst Ratings for Obsidian Energy.

What is the consensus analysts' recommendation for Obsidian Energy?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Obsidian Energy in the last year. There are currently 3 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy."

What are Wall Street analysts saying about Obsidian Energy stock?

Here are some recent quotes from research analysts about Obsidian Energy stock:
  • 1. According to Zacks Investment Research, "Obsidian Energy Ltd. is a conventional oil and natural gas producer and development company. Obsidian Energy Ltd, formerly known as Penn West Petroleum Ltd, is based in Calgary, Canada. " (5/18/2018)
  • 2. Canaccord Genuity analysts commented, "We believe lower spending on mid-cycle development is prudent in the context of current oil prices, particularly given the company’s strong suite of short-cycle development opportunities that could backfill the 2018 production impact." (8/9/2017)

Who are some of Obsidian Energy's key competitors?

Who are Obsidian Energy's key executives?

Obsidian Energy's management team includes the folowing people:
  • Mr. David Lawrence French, Pres, CEO & Director (Age 49)
  • Mr. David Warren Hendry, Chief Financial Officer
  • Mr. Andrew Francis Sweerts, VP of Production & Technical Services
  • Mr. Mark Hodgson, VP of Bus. Devel. & Commercial

Has Obsidian Energy been receiving favorable news coverage?

Press coverage about OBE stock has been trending somewhat positive this week, according to Accern. Accern scores the sentiment of press coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Obsidian Energy earned a daily sentiment score of 0.05 on Accern's scale. They also gave media coverage about the oil and gas company an impact score of 46.26 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company's share price in the near future.

How do I buy shares of Obsidian Energy?

Shares of OBE can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Obsidian Energy's stock price today?

One share of OBE stock can currently be purchased for approximately $1.04.

How big of a company is Obsidian Energy?

Obsidian Energy has a market capitalization of $532.45 million and generates $354.70 million in revenue each year. The oil and gas company earns $-64,790,000.00 in net income (profit) each year or ($0.13) on an earnings per share basis. Obsidian Energy employs 281 workers across the globe.

How can I contact Obsidian Energy?

Obsidian Energy's mailing address is 207 - 9TH AVENUE S.W. SUITE 200, CALGARY A0, T2P 1K3. The oil and gas company can be reached via phone at 403-777-2500 or via email at [email protected]


MarketBeat Community Rating for Obsidian Energy (NYSE OBE)

Community Ranking:  1.2 out of 5 (star)
Outperform Votes:  113 (Vote Outperform)
Underperform Votes:  354 (Vote Underperform)
Total Votes:  467
MarketBeat's community ratings are surveys of what our community members think about Obsidian Energy and other stocks. Vote "Outperform" if you believe OBE will outperform the S&P 500 over the long term. Vote "Underperform" if you believe OBE will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 7/20/2018 by MarketBeat.com Staff

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