Should I buy or sell Obsidian Energy stock right now?

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Obsidian Energy in the last twelve months. There are currently 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" OBE shares. View OBE analyst ratings or view top-rated stocks .

What is Obsidian Energy's stock price target for 2024?

2 Wall Street analysts have issued 1-year price targets for Obsidian Energy's stock. Their OBE share price targets range from $14.00 to $16.50. On average, they predict the company's stock price to reach $15.25 in the next twelve months. This suggests a possible upside of 98.1% from the stock's current price. View analysts price targets for OBE or view top-rated stocks among Wall Street analysts .

How were Obsidian Energy's earnings last quarter?

Obsidian Energy Ltd (NYSE:OBE) announced its quarterly earnings results on Thursday, May, 2nd. The oil and gas company reported $0.11 earnings per share for the quarter, missing analysts' consensus estimates of $0.20 by $0.09. The oil and gas company earned $131.52 million during the quarter. Obsidian Energy had a trailing twelve-month return on equity of 5.45% and a net margin of 12.45%.

What ETFs hold Obsidian Energy's stock?

ETFs with the largest weight of Obsidian Energy (NYSE:OBE) stock in their portfolio include First Trust Developed Markets ex-US Small Cap AlphaDEX Fund (FDTS) . First Trust Natural Gas ETF (FCG) .

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 BMO Capital Markets () , Stifel Nicolaus () , Wunderlich () , Standpoint Research () , Duncan Williams () , Soleil Securities () , Sterne Agee CRT () , Robert W. Baird () , Wellington Shields () and Macquarie () .

Who are Obsidian Energy's major shareholders?

Obsidian Energy's stock is owned by a number of retail and institutional investors. Top institutional investors include Janney Montgomery Scott LLC (0.16%), DGS Capital Management LLC (0.07%), Adalta Capital Management LLC (0.07%), Register Financial Advisors LLC (0.05%), SIG North Trading ULC (0.00%) and SG Americas Securities LLC (0.03%). View institutional ownership trends .

NYSE:OBE

Obsidian Energy (OBE) Stock Price, News & Analysis

→ **Breaking News** LIttle Known Biotech Company Does $41 Million In Q1! (From Huge Alerts) (Ad)

Free OBE Stock Alerts

Notice: This company has been marked as potentially delisted and may not be actively trading.

Compare

Today's Range: $7.59
▼
$7.71
50-Day Range: $0.16
▼
$0.21
52-Week Range: $0.15
▼
$2.70

Volume: 324,044 shs
Average Volume: 437,674 shs
Market Capitalization: $589.74 million

P/E Ratio: 9.63
Dividend Yield: N/A
Price Target: $15.25

Stock Analysis Analyst Forecasts Competitors Earnings Headlines Options Chain Ownership Social Media

Obsidian Energy MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 98.1% Upside
$15.25 Price Target
Short Interest: N/A
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: N/A
Insider Trading: N/A
Proj. Earnings Growth: 6.25%
From $1.28 to $1.36 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.06 out of 5 stars

Oils/Energy Sector

168th out of 242 stocks

Crude Petroleum & Natural Gas Industry

58th out of 76 stocks

3.5

Analyst's Opinion

Consensus Rating
Obsidian Energy has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no 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.
Read more about Obsidian Energy's stock forecast and price target.

N/A

Short Interest

Short Interest
There is no current short interest data available for OBE.

0.0

Dividend Strength

Dividend Yield
Obsidian Energy does not currently pay a dividend.
Dividend Growth
Obsidian Energy does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for OBE.

0.6

News and Social Media Coverage

News Coverage This Week
MarketBeat has tracked 1 news article for Obsidian Energy this week, compared to 0 articles on an average week.
Search Interest
5 people have searched for OBE on MarketBeat in the last 30 days. This is an increase of 67% compared to the previous 30 days.

0.0

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Obsidian Energy insiders have not sold or bought any company stock.
Percentage Held by Institutions
Only 13.51% of the stock of Obsidian Energy is held by institutions.
Read more about Obsidian Energy's insider trading history.

2.5

Earnings and Valuation

Earnings Growth
Earnings for Obsidian Energy are expected to grow by 6.25% in the coming year, from $1.28 to $1.36 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Obsidian Energy is 9.63, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 129.97.
Price to Earnings Ratio vs. Sector
The P/E ratio of Obsidian Energy is 9.63, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 13.73.
Price to Book Value per Share Ratio
Obsidian Energy has a P/B Ratio of 0.49. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

Ad Huge Alerts

**Breaking News** LIttle Known Biotech Company Does $41 Million In Q1!

Learn more about why Zack’s has increased its price target on this company to a whopping $23.25!

Click for Zack's full report

About Obsidian Energy Stock (NYSE:OBE)

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.

Ad Huge Alerts

**Breaking News** LIttle Known Biotech Company Does $41 Million In Q1!

Learn more about why Zack’s has increased its price target on this company to a whopping $23.25!

Click for Zack's full report

OBE Stock News Headlines

May 13, 2024 | finance.yahoo.com

A GROWING LIST OF ALBERTA FIRST NATIONS STAND TOGETHER IN SUPPORT OF WOODLAND CREE FIRST NATION'S TREATY CAMP AGAINST OBSIDIAN ENERGY LTD. (TSE: OBE) | (NYSEAMERICAN: OBE)

May 11, 2024 | markets.businessinsider.com

Analysts Offer Insights on Energy Companies: Obsidian Energy (OBE) and Chevron (CVX)

May 6, 2024 | reuters.com

Canadian First Nation rejects Obsidian Energy drilling expansion plans

May 3, 2024 | gurufocus.com

Q1 2024 Obsidian Energy Ltd Earnings Call Transcript

May 2, 2024 | msn.com

Obsidian Energy GAAP EPS of C$0.15

February 27, 2024 | msn.com

Obsidian Energy gets TSX approval to renew NCIB

February 26, 2024 | finanznachrichten.de

Obsidian Energy Ltd.: Obsidian Energy Announces Launch of an Offer to Purchase up to $2.0 Million of our Outstanding Senior Unsecured Notes

February 22, 2024 | finanznachrichten.de

Obsidian Energy Ltd.: Obsidian Energy Confirms Filing of Its 2023 Year End Disclosure Documents

February 17, 2024 | finance.yahoo.com

OBE Mar 2024 5.000 put

February 15, 2024 | msn.com

Alberta First Nation sends notice of opposition to Obsidian Energy drilling plans

February 14, 2024 | reuters.com

Canadian First Nation sends notice of opposition to Obsidian Energy drilling plans

January 31, 2024 | msn.com

Iran threatens to respond to any US strikes as Biden weighs how to react to a base attack in Jordan

January 25, 2024 | ca.finance.yahoo.com

Stocks in play: Obsidian Energy Ltd.

January 25, 2024 | msn.com

Obsidian Energy forecasts 12% higher production in 2024

January 22, 2024 | finance.yahoo.com

Obsidian Energy Announces 2024 Guidance and Webcast

January 10, 2024 | realmoney.thestreet.com

Obsidian Energy price target raised by C$0.50 at Raymond James

December 1, 2023 | theglobeandmail.com

Obsidian Energy insiders buy the dip

November 15, 2023 | theglobeandmail.com

Closing Bell: Obsidian Energy Ltd flat on Tuesday (OBE)

November 9, 2023 | finance.yahoo.com

Obsidian Energy Announces Third Quarter 2023 Results

November 2, 2023 | finanznachrichten.de

Obsidian Energy Ltd.: Obsidian Energy Announces Release Date of Third Quarter 2023 Results

November 2, 2023 | finance.yahoo.com

Obsidian Energy Announces Release Date of Third Quarter 2023 Results

September 24, 2023 | msn.com

Obsidian Energy Aims To Quadruple Its Heavy Oil Production By 2026

September 22, 2023 | markets.businessinsider.com

Analysts Offer Insights on NA Companies: Obsidian Energy (OBE) and Exxon Mobil (XOM)

September 7, 2023 | finance.yahoo.com

Obsidian Energy Announces Participation in the Peters & Co. Limited's Energy Conference and Peace River Growth Plan Webcast

August 5, 2023 | msn.com

Obsidian Energy: Reduced Guidance For Free Cash Flow And Production Was Already Expected

See More Headlines

Company Calendar

Last Earnings: 5/02/2024
Today: 5/20/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Sector: Oils/Energy
Industry: Crude petroleum & natural gas
Sub-Industry: N/A
Current Symbol: NYSE:OBE
CUSIP: N/A
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 Stock Price Target: $15.25
High Stock Price Target: $16.50
Low Stock Price Target: $14.00
Potential Upside/Downside: +98.1%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 2 Analysts

Profitability

EPS (Most Recent Fiscal Year): $0.80
Trailing P/E Ratio: 9.63
Forward P/E Ratio: 6.02
P/E Growth: N/A
Net Income: $80.01 million
Net Margins: 12.45%
Pretax Margin: 16.67%
Return on Equity: 5.45%
Return on Assets: 3.96%

Debt

Debt-to-Equity Ratio: 0.17
Current Ratio: 0.45
Quick Ratio: 0.45

Sales & Book Value

Annual Sales: $533.77 million
Price / Sales: 1.10
Cash Flow: $3.04 per share
Price / Cash Flow: 2.53
Book Value: $15.69 per share
Price / Book: 0.49

Miscellaneous

Outstanding Shares: 76,590,000
Free Float: N/A
Market Cap: $589.74 million
Optionable: Optionable
Beta: 1.56

Key Executives

Mr. Michael J. Faust (Age 58)
Pres, CEO & Director
Mr. David Warren Hendry
Chief Financial Officer
Mr. Aaron Smith
Sr. VP of Devel. & Operations
Mr. Kyle Doucet
Corp. Planning & Strategy Analyst

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

OBE Stock Analysis - Frequently Asked Questions

Should I buy or sell Obsidian Energy stock right now?: 2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Obsidian Energy in the last twelve months. There are currently 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" OBE shares.
View OBE analyst ratings or view top-rated stocks.
What is Obsidian Energy's stock price target for 2024?: 2 Wall Street analysts have issued 1-year price targets for Obsidian Energy's stock. Their OBE share price targets range from $14.00 to $16.50. On average, they predict the company's stock price to reach $15.25 in the next twelve months. This suggests a possible upside of 98.1% from the stock's current price.
View analysts price targets for OBE or view top-rated stocks among Wall Street analysts.
How were Obsidian Energy's earnings last quarter?: Obsidian Energy Ltd (NYSE:OBE) announced its quarterly earnings results on Thursday, May, 2nd. The oil and gas company reported $0.11 earnings per share for the quarter, missing analysts' consensus estimates of $0.20 by $0.09. The oil and gas company earned $131.52 million during the quarter. Obsidian Energy had a trailing twelve-month return on equity of 5.45% and a net margin of 12.45%.
What ETFs hold Obsidian Energy's stock?: ETFs with the largest weight of Obsidian Energy (NYSE:OBE) stock in their portfolio include First Trust Developed Markets ex-US Small Cap AlphaDEX Fund (FDTS).First Trust Natural Gas ETF (FCG).

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 BMO Capital Markets (), Stifel Nicolaus (), Wunderlich (), Standpoint Research (), Duncan Williams (), Soleil Securities (), Sterne Agee CRT (), Robert W. Baird (), Wellington Shields () and Macquarie ().
Who are Obsidian Energy's major shareholders?: Obsidian Energy's stock is owned by a number of retail and institutional investors. Top institutional investors include Janney Montgomery Scott LLC (0.16%), DGS Capital Management LLC (0.07%), Adalta Capital Management LLC (0.07%), Register Financial Advisors LLC (0.05%), SIG North Trading ULC (0.00%) and SG Americas Securities LLC (0.03%).
View institutional ownership trends.

This page (NYSE:OBE) was last updated on 5/20/2024 by MarketBeat.com Staff

From Our Partners

Get 30 Days of MarketBeat All Access Free

Best-in-Class Portfolio Monitoring
View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.
Stock Ideas and Recommendations
Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.
Advanced Stock Screeners and Research Tools
Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

Start Your 30-Day Free Trial

Get Started with MarketBeat

	Read Your Daily Newsletter
	Check Out My MarketBeat
	Watch Our Tutorial Videos
	Add a Stock to Your Watchlist
	Set Up an Instant Alert
	View a Company's Profile Page
	View Our Financial Calendars
	View Today's Analyst Ratings

Obsidian Energy (OBE) Stock Price, News & Analysis

Obsidian Energy MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Consensus Rating

Amount of Analyst Coverage

Short Interest

Short Interest

Dividend Strength

Dividend Yield

Dividend Growth

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Coverage This Week

Search Interest

Company Ownership

Insider Buying vs. Insider Selling

Percentage Held by Institutions

Earnings and Valuation

Earnings Growth

Price to Earnings Ratio vs. the Market

Price to Earnings Ratio vs. Sector

Price to Book Value per Share Ratio

About Obsidian Energy Stock (NYSE:OBE)

OBE Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Institutional Ownership

OBE Stock Analysis - Frequently Asked Questions

Overall MarketRank^™