Obsidian Energy (OBELF) Stock Price, News & Analysis

Company Overview

Obsidian Energy Ltd. is a Calgary-based independent oil and gas company specializing in the exploration, development and production of light oil and natural gas. The company focuses on generating stable cash flow through low-cost operations and disciplined capital investment. Its upstream activities are centered on exploiting long-life assets with upside potential in established plays.

The company’s core operations are located within the Western Canadian Sedimentary Basin, primarily in Alberta’s Montney and Cardium formations. Obsidian Energy applies horizontal drilling and multi-stage hydraulic fracturing techniques to optimize recovery of liquids-rich natural gas and light crude oil. The company also explores strategic opportunities to expand its footprint through joint ventures, asset acquisitions and targeted divestitures.

Originally founded as Penn West Petroleum Ltd., the company underwent a comprehensive restructuring in the mid-2010s to strengthen its balance sheet and streamline operations. In 2018, it rebranded as Obsidian Energy Ltd. to reflect a renewed focus on operational excellence and long-term value creation. The corporate headquarters are in Calgary, and the company’s securities trade on the Toronto Stock Exchange and over-the-counter markets under the symbol OBELF.

Obsidian Energy is guided by an experienced management team and board of directors with extensive backgrounds in petroleum engineering, finance and capital markets. The company maintains a commitment to environmental stewardship, adopting measures to reduce greenhouse gas intensity and enhance safety performance across its operations.

Key Stats

• Today's Range: $7.82 to $8.23
• 50-Day Range: $7.95 to $14.46
• 52-Week Range: $0.82 to $7.33
• Volume: 635,245 shs
• Average Volume: 441,679 shs
• Market Capitalization: $646.68 million
• P/E Ratio: 1.92
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

Company Calendar

• Last Earnings: 11/08/2021
• Today: 7/05/2026
• Fiscal Year End: 12/31/2026

Industry, Sector and Symbol

• Stock Exchange: OTCMKTS
• Sector: Energy
• Industry: Crude Petroleum & Natural Gas
• Sub-Industry: Petroleum And Natural Gas
• Current Symbol: OTCMKTS:OBELF
• CIK: 1334388
• Web: www.obsidianenergy.com
• Phone: (403) 777-2500
• Fax: 403-777-2699
• Employees: 190
• Year Founded: 2012

Profitability

• EPS (Trailing Twelve Months): $4.17
• Trailing P/E Ratio: 1.92
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: -$576.07 million
• Net Margins: 99.13%
• Pretax Margin: 98.79%
• Return on Equity: 78.07%
• Return on Assets: 35.32%

Debt

• Debt-to-Equity Ratio: 0.55
• Current Ratio: 0.54
• Quick Ratio: 0.54

Sales & Book Value

• Annual Sales: $220 million
• Price / Sales: 2.94
• Cash Flow: $1.50 per share
• Price / Cash Flow: 5.33
• Book Value: $3.28 per share
• Price / Book: 2.44

Miscellaneous

• Outstanding Shares: 80,734,000
• Free Float: N/A
• Market Cap: $646.68 million
• Optionable: Not Optionable
• Beta: 2.47