NYSE:OBE - Obsidian Energy Stock Price, News, & Analysis

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$0.29 -0.02 (-6.41 %)
(As of 03/24/2019 01:00 AM ET)
Previous Close$0.2922
Today's Range$0.29 - $0.3240
52-Week Range$0.28 - $1.24
Volume1.78 million shs
Average Volume1.69 million shs
Market Capitalization$148.26 million
P/E Ratio-0.70
Dividend YieldN/A
Beta3.64
Obsidian 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

Industry Crude petroleum & natural gas
Sub-IndustryN/A
SectorOils/Energy
CUSIPN/A
Phone403-777-2500

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$342.58 million
Cash Flow$0.1826 per share
Book Value$2.84 per share

Profitability

Net Income$-235,310,000.00

Miscellaneous

EmployeesN/A
Market Cap$148.26 million
Next Earnings Date5/10/2019 (Estimated)
OptionableOptionable

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) posted its quarterly earnings data on Thursday, March, 7th. The oil and gas company reported ($0.17) earnings per share for the quarter, missing the consensus estimate of ($0.10) by $0.07. The oil and gas company earned $62.05 million during the quarter. Obsidian Energy had a negative return on equity of 14.07% and a negative net margin of 70.22%. 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 Friday, May 10th 2019. View Earnings Estimates for Obsidian Energy.

What price target have analysts set for OBE?

4 analysts have issued twelve-month target prices for Obsidian Energy's shares. Their predictions range from $0.50 to $2.00. On average, they expect Obsidian Energy's stock price to reach $1.0833 in the next twelve months. This suggests a possible upside of 270.8% from the stock's current price. View Analyst Price Targets for Obsidian Energy.

What is the consensus analysts' recommendation for Obsidian Energy?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Obsidian Energy in the last year. There are currently 2 sell ratings and 2 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Obsidian Energy.

Has Obsidian Energy been receiving favorable news coverage?

News stories about OBE stock have been trending somewhat negative recently, InfoTrie Sentiment reports. The research firm rates the sentiment of news coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Obsidian Energy earned a daily sentiment score of -1.4 on InfoTrie's scale. They also assigned news articles about the oil and gas company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the company's share price in the next several days.

Who are some of Obsidian Energy's key competitors?

What other stocks do shareholders of Obsidian Energy own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Obsidian Energy investors own include Baytex Energy (BTE), Hudbay Minerals (HBM), Zynga (ZNGA), Pengrowth Energy (PGH), Tronox (TROX), Cellectar Biosciences (CLRB), Micron Technology (MU), Quantum (QTM), Seadrill (SDRL) and Encana (ECA).

Who are Obsidian Energy's key executives?

Obsidian Energy's management team includes the folowing people:
  • Mr. David Lawrence French, Pres, CEO & Director (Age 50)
  • Mr. David Warren Hendry, Chief Financial Officer
  • Mr. Mark Hodgson, VP of Operations and E&P Services
  • Mr. Brad Monaco, Mang. of Corp. Planning & Investor Relations
  • Mr. Andrew Francis Sweerts, VP of Bus. Devel. & Commercial

Who are Obsidian Energy's major shareholders?

Obsidian Energy's stock is owned by many different of institutional and retail investors. Top institutional investors include Connor Clark & Lunn Investment Management Ltd. (2.77%), Norges Bank (1.42%), Adalta Capital Management LLC (0.31%), Pratt Collard Advisory Partners LLC (0.16%), WealthTrust Axiom LLC (0.10%) and Legal & General Group Plc (0.04%). View Institutional Ownership Trends for Obsidian Energy.

Which institutional investors are selling Obsidian Energy stock?

OBE stock was sold by a variety of institutional investors in the last quarter, including Legal & General Group Plc, Connor Clark & Lunn Investment Management Ltd., Pratt Collard Advisory Partners LLC, Two Sigma Investments LP, Clear Harbor Asset Management LLC and WealthTrust Axiom LLC. View Insider Buying and Selling for Obsidian Energy.

Which institutional investors are buying Obsidian Energy stock?

OBE stock was acquired by a variety of institutional investors in the last quarter, including Norges Bank, Adalta Capital Management LLC, Beacon Pointe Wealth Advisors LLC and IHT Wealth Management LLC. View Insider Buying and Selling for Obsidian Energy.

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 $0.2922.

How big of a company is Obsidian Energy?

Obsidian Energy has a market capitalization of $148.26 million and generates $342.58 million in revenue each year. The oil and gas company earns $-235,310,000.00 in net income (profit) each year or ($0.42) on an earnings per share basis.

What is Obsidian Energy's official website?

The official website for Obsidian Energy is http://www.obsidianenergy.com.

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:  139 (Vote Outperform)
Underperform Votes:  422 (Vote Underperform)
Total Votes:  561
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 3/24/2019 by MarketBeat.com Staff

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