Obsidian Energy (OBE) Stock Price, News & Analysis

Company Overview

Obsidian Energy Ltd. is a Canadian oil and natural gas exploration and production company. Its activities include the acquisition, development and operation of petroleum and natural gas properties, with a focus on generating production from conventional oil and liquids-rich natural gas assets.

The company’s operations are concentrated in Alberta, Canada, including the Peace River, Cardium and Pembina areas. Its products include crude oil, natural gas liquids and natural gas, which are sold into Canadian and North American energy markets.

Obsidian Energy was formerly known as Penn West Petroleum Ltd. and adopted its current name in 2017. The company’s common shares trade on the Toronto Stock Exchange and the NYSE American under the symbol OBE.

Key Stats

• Today's Range: $11.94 to $12.36
• 50-Day Range: $8.48 to $12.97
• 52-Week Range: $5.44 to $14.59
• Volume: 777,092 shs
• Average Volume: 802,949 shs
• Market Capitalization: $809.43 million
• P/E Ratio: 43.32
• Dividend Yield: N/A
• Price Target: $18.00
• Consensus Rating: Moderate Buy

Obsidian Energy Stock Analysis - MarketRank™

Obsidian Energy scored higher than 42% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.5 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Obsidian Energy has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on no strong buy ratings, 2 buy ratings, 1 hold rating, and no sell ratings.

Upside Potential

Obsidian Energy has a consensus price target of $18.00, representing about 48.4% upside from its current price of $12.13.

Amount of Analyst Coverage

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

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Obsidian Energy is 43.32, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 42.31.

Price to Earnings Ratio vs. Sector

The P/E ratio of Obsidian Energy is 43.32, which means that it is trading at a more expensive P/E ratio than the Energy sector average P/E ratio of about 20.36.

Price to Book Value per Share Ratio

Obsidian Energy has a P/B Ratio of 0.82. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 1.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

11.89% 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 10.86, which indicates bearish sentiment.

Change versus previous month

Short interest in Obsidian Energy has recently decreased by 3.47%, indicating that investor sentiment is improving.

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.

News and Social Media

• Score: 3.3 / 5
• News Sentiment: 1.21

News Sentiment

Obsidian Energy has a news sentiment score of 1.21. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.76 average news sentiment score of Energy companies.

News Coverage This Week

MarketBeat has tracked 4 news articles for Obsidian Energy this week, compared to 0 articles on an average week.

Search Interest

Only 1 people have searched for OBE on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.

Company Ownership

• Score: 0.4 / 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

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

Percentage Held by Institutions

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

Company Calendar

• Last Earnings: 11/08/2018
• Today: 9/17/2026
• Fiscal Year End: 12/31/2026

Industry, Sector and Symbol

• Stock Exchange: NYSEAMERICAN
• Sector: Energy
• Industry: Oil, Gas & Consumable Fuels
• Sub-Industry: Oil & Gas Exploration & Production
• Current Symbol: NYSEAMERICAN:OBE
• CIK: 1334388
• Web: www.obsidianenergy.com
• Phone: 403-777-2500
• Fax: 403-777-2699
• Employees: 148
• Year Founded: N/A

Price Target and Rating

• Average Price Target for Obsidian Energy: $18.00
• High Price Target: $18.00
• Low Price Target: $18.00
• Potential Upside/Downside: +48.4%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.67
• Research Coverage: 3 Analysts

Profitability

• EPS (Trailing Twelve Months): $1.07
• Trailing P/E Ratio: 43.32
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $25.19 million
• Net Margins: 4.63%
• Pretax Margin: 6.24%
• Return on Equity: 2.00%
• Return on Assets: 1.45%

Debt

• Debt-to-Equity Ratio: 0.25
• Current Ratio: 0.78
• Quick Ratio: 0.78

Sales & Book Value

• Annual Sales: $429.26 million
• Price / Sales: 1.89
• Cash Flow: $2.53 per share
• Price / Cash Flow: 4.79
• Book Value: $14.81 per share
• Price / Book: 0.82

Miscellaneous

• Outstanding Shares: 66,730,000
• Free Float: 62,055,000
• Market Cap: $809.43 million
• Optionable: Optionable
• Beta: 0.18