Obsidian Energy (OBE) Stock Price, News & Analysis

Company Overview

Obsidian Energy Ltd. explores for, develops, and produces oil and natural gas in western Canada. It holds interests in the Alberta Viking, Cardium, Deep Basin, and Peace River areas. 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.

Key Stats

• Today's Range: $5.83 to $6.05
• 50-Day Range: $0.16 to $0.21
• 52-Week Range: $3.88 to $7.50
• Volume: 388,684 shs
• Average Volume: 421,919 shs
• Market Capitalization: $436.26 million
• P/E Ratio: 5.53
• Dividend Yield: N/A
• Price Target: $11.50
• Consensus Rating: Hold

Obsidian Energy Stock Analysis - MarketRank™

Obsidian Energy scored higher than 51% of companies evaluated by MarketBeat, and ranked 170th out of 268 stocks in the energy sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.0 / 5
• Analyst Rating: Hold

Consensus Rating

Obsidian Energy has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 2 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Obsidian Energy has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 3.8 / 5
• Proj. Earnings Growth: 25.16%

Earnings Growth

Earnings for Obsidian Energy are expected to grow by 25.16% in the coming year, from $1.55 to $1.94 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Obsidian Energy is 5.53, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 28.12.

Price to Earnings Ratio vs. Sector

The P/E ratio of Obsidian Energy is 5.53, which means that it is trading at a less expensive P/E ratio than the Energy sector average P/E ratio of about 76.48.

Price to Book Value per Share Ratio

Obsidian Energy has a P/B Ratio of 0.38. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 0.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

6.78% of the float of Obsidian Energy has been sold short.

Short Interest Ratio / Days to Cover

Obsidian Energy has a short interest ratio ("days to cover") of 10.4, which indicates bearish sentiment.

Change versus previous month

Short interest in Obsidian Energy has recently increased by 11.31%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Obsidian Energy does not currently pay a dividend.

Dividend Growth

Obsidian Energy does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

6.78% of the float of Obsidian Energy has been sold short.

Short Interest Ratio / Days to Cover

Obsidian Energy has a short interest ratio ("days to cover") of 10.4, which indicates bearish sentiment.

Change versus previous month

Short interest in Obsidian Energy has recently increased by 11.31%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: N/A
• News Sentiment: N/A

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Obsidian Energy insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 7.00% of the stock of Obsidian Energy is held by insiders.

Percentage Held by Institutions

Only 13.51% of the stock of Obsidian Energy is held by institutions.

OBE Stock Analysis - Frequently Asked Questions

How were Obsidian Energy's earnings last quarter?

Obsidian Energy Ltd (NYSE:OBE) announced its quarterly earnings results on Thursday, November, 8th. The oil and gas company reported ($0.05) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.03) by $0.02. The oil and gas company had revenue of $94.88 million for the quarter. Obsidian Energy had a net margin of 14.97% and a trailing twelve-month return on equity of 6.96%.

Who are Obsidian Energy's major shareholders?

Obsidian Energy's top institutional shareholders include Envestnet Asset Management Inc. (0.28%), TD Asset Management Inc (0.12%), Essex LLC (0.07%) and Vanguard Personalized Indexing Management LLC (0.05%).
View institutional ownership trends.

What other stocks do shareholders of Obsidian Energy own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Obsidian Energy investors own include NVIDIA (NVDA), Broadcom (AVGO), Arista Networks (ANET), e.l.f. Beauty (ELF), Jabil (JBL), Adobe (ADBE) and Disc Medicine (IRON).

Company Calendar

• Last Earnings: 11/08/2018
• Today: 8/02/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Energy
• Industry: Crude petroleum & natural gas
• Sub-Industry: N/A
• Current Symbol: NYSE:OBE
• CIK: 1334388
• Web: www.obsidianenergy.com
• Phone: 403-777-2500
• Fax: 403-777-2699
• Employees: N/A
• Year Founded: N/A

Price Target and Rating

• Average Price Target for Obsidian Energy: $11.50
• High Price Target: $14.00
• Low Price Target: $9.00
• Potential Upside/Downside: +94.2%
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 2 Analysts

Profitability

• EPS (Trailing Twelve Months): $1.07
• Trailing P/E Ratio: 5.53
• Forward P/E Ratio: 3.82
• P/E Growth: N/A
• Net Income: $80.01 million
• Net Margins: 14.97%
• Pretax Margin: 19.78%
• Return on Equity: 6.96%
• Return on Assets: 4.96%

Debt

• Debt-to-Equity Ratio: 0.18
• Current Ratio: 0.45
• Quick Ratio: 0.45

Sales & Book Value

• Annual Sales: $533.77 million
• Price / Sales: 0.82
• Cash Flow: $2.93 per share
• Price / Cash Flow: 2.02
• Book Value: $15.69 per share
• Price / Book: 0.38

Miscellaneous

• Outstanding Shares: 73,680,000
• Free Float: 68,527,000
• Market Cap: $436.26 million
• Optionable: Optionable
• Beta: 1.44