TSE:OBE Obsidian Energy (OBE) Stock Forecast, Price & News C$8.42 +0.23 (+2.81%) (As of 05/29/2023 ET) Add Compare Share Share Today's RangeC$8.18▼C$8.4250-Day RangeC$7.86▼C$9.4252-Week RangeC$7.75▼C$15.67Volume71,621 shsAverage Volume329,737 shsMarket CapitalizationC$694.73 millionP/E Ratio0.87Dividend YieldN/APrice TargetC$12.25 ProfileProfileAnalyst RatingsChartCompetitorsEarningsInsider TradesHeadlinesOptions ChainSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsInsider TradesHeadlinesOptions ChainSocial Media Obsidian Energy MarketRank™ ForecastAnalyst RatingModerate Buy2.67 Rating ScoreUpside/Downside45.5% UpsideC$12.25 Price TargetShort InterestN/ADividend StrengthN/ASustainabilityN/ANews Sentiment1.05Based on 2 Articles This WeekInsider TradingN/AProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.45 out of 5 stars 3.3 Analyst's Opinion Consensus RatingObsidian Energy has received a consensus rating of Buy. The company's average rating score is 2.67, and is based on 2 buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of C$12.25, Obsidian Energy has a forecasted upside of 45.5% from its current price of C$8.42.Amount of Analyst CoverageObsidian Energy has only been the subject of 2 research reports in the past 90 days. Previous Next N/A Short Interest Short InterestThere is no current short interest data available for OBE. Previous Next 0.0 Dividend Strength Dividend YieldObsidian Energy does not currently pay a dividend.Dividend GrowthObsidian Energy does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for OBE. Previous Next 3.4 News and Social Media Coverage News SentimentObsidian Energy has a news sentiment score of 1.05. 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 0.49 average news sentiment score of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 2 news articles for Obsidian Energy this week, compared to 1 article on an average week.Search InterestOnly 2 people have searched for OBE on MarketBeat in the last 30 days. This is a decrease of -67% compared to the previous 30 days.MarketBeat Follows2 people have added Obsidian Energy to their MarketBeat watchlist in the last 30 days. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Obsidian Energy insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.83% of the stock of Obsidian Energy is held by insiders.Percentage Held by InstitutionsOnly 20.75% of the stock of Obsidian Energy is held by institutions. Previous Next 3.1 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Obsidian Energy is 0.87, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 134.70.Price to Earnings Ratio vs. SectorThe P/E ratio of Obsidian Energy is 0.87, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 51.22.Price to Earnings Growth RatioObsidian Energy has a PEG Ratio of 0.08. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioObsidian Energy has a P/B Ratio of 0.43. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Obsidian Energy (TSE:OBE) StockObsidian Energy Ltd. primarily focuses on the exploration, production, and development of oil and natural gas properties in the Western Canada Sedimentary Basin. The company was formerly known as Penn West Petroleum Ltd. and changed its name to Obsidian Energy Ltd. in June 2017. Obsidian Energy Ltd. is headquartered in Calgary, Canada.Read More Receive OBE Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Obsidian Energy and its competitors with MarketBeat's FREE daily newsletter. Email Address OBE Stock News HeadlinesMay 27, 2023 | americanbankingnews.comRaymond James Boosts Obsidian Energy (TSE:OBE) Price Target to C$14.00May 20, 2023 | theglobeandmail.comClosing Bell: Obsidian Energy Ltd flat on Friday (OBE)May 29, 2023 | Behind the Markets (Ad)"Unknown laser company making HUGE profit from Russia-Ukraine War"On February 24th, Russia invaded Ukraine. This caused major stock losses and soaring gas prices. But it also created a HUGE opportunity for savvy investors. There's an unknown laser company that's been profiting greatly from this war... ...and from another major conflict happening 3,000 miles away. Learn more here >>>May 19, 2023 | finance.yahoo.comWildfires Rage in Western Canada, Disrupting Energy OutputMay 19, 2023 | americanbankingnews.comObsidian Energy (TSE:OBE) Sets New 52-Week Low at $7.75May 17, 2023 | finance.yahoo.comOil-Sands Output at Risk as Fires Flare Up in Canada Energy HubMay 16, 2023 | msn.comObsidian, Baytex among companies in Alberta again shutting in productionMay 8, 2023 | finance.yahoo.comTop Energy Stocks for May 2023May 29, 2023 | Behind the Markets (Ad)"The $51 Billion Laser Revolution"See how a new contract with the Pentagon could spark a 2,476% sales surge for a small laser firm >>>May 6, 2023 | americanbankingnews.comObsidian Energy (TSE:OBE) Price Target Cut to C$12.00 by Analysts at Stifel NicolausMay 2, 2023 | theglobeandmail.comClosing Bell: Obsidian Energy Ltd down on Tuesday (OBE)April 27, 2023 | americanbankingnews.comObsidian Energy (OBE) to Release Earnings on ThursdayApril 25, 2023 | finance.yahoo.comObsidian Energy Announces Release Date of First Quarter 2023 ResultsApril 23, 2023 | theglobeandmail.comClosing Bell: Obsidian Energy Ltd up on Friday (OBE)April 20, 2023 | americanbankingnews.comObsidian Energy (TSE:OBE) PT Set at C$13.00 by Royal Bank of CanadaApril 17, 2023 | theglobeandmail.comClosing Bell: Obsidian Energy Ltd down on Monday (OBE)April 14, 2023 | theglobeandmail.comClosing Bell: Obsidian Energy Ltd down on Friday (OBE)April 12, 2023 | theglobeandmail.comClosing Bell: Obsidian Energy Ltd down on Wednesday (OBE)April 11, 2023 | theglobeandmail.comClosing Bell: Obsidian Energy Ltd up on Tuesday (OBE)April 11, 2023 | theglobeandmail.comClosing Bell: Obsidian Energy Ltd up on Monday (OBE)April 10, 2023 | finance.yahoo.comTop Oil & Gas Stocks for Q2 2023April 2, 2023 | benzinga.com3 Affordable Energy Stocks Under $10 to Invest in Before It's Too LateApril 2, 2023 | seekingalpha.comObsidian Energy Is Trying To Get To Easy StreetMarch 30, 2023 | theglobeandmail.comEnergy regulator defends finding that Alberta’s largest earthquake was caused by oil patch activityMarch 29, 2023 | americanbankingnews.comObsidian Energy (TSE:OBE) Price Target Cut to C$10.00March 24, 2023 | theglobeandmail.comAlberta energy regulator issues order against Obsidian Energy, saying disposal caused earthquakesMarch 24, 2023 | reuters.comTSX falls, eyes weekly losses as banking turmoil deepensSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive OBE Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Obsidian Energy and its competitors with MarketBeat's FREE daily newsletter. Email Address OBE Company Calendar Last Earnings5/04/2023Today5/29/2023Next Earnings (Estimated)7/27/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeTSE Industry Oil & Gas E & P Sub-IndustryN/A SectorOils/Energy Current SymbolTSE:OBE Previous SymbolTSE:PWT CUSIPN/A CIKN/A Webwww.obsidianenergy.com Phone+1-403-7772500FaxN/AEmployees173Year FoundedN/APrice Target and Rating Average Stock Price ForecastC$12.25 High Stock Price ForecastC$14.00 Low Stock Price ForecastC$10.00 Forecasted Upside/Downside+45.5%Consensus RatingModerate Buy Rating Score (0-4)2.67 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)C$9.68 Trailing P/E Ratio0.87 Forward P/E Ratio4.59 P/E Growth0.08Net IncomeC$816.80 million Net Margins107.79% Pretax MarginN/A Return on Equity68.14% Return on Assets20.79% Debt Debt-to-Equity Ratio16.47 Current Ratio0.48 Quick Ratio0.41 Sales & Book Value Annual SalesC$757.80 million Price / Sales0.92 Cash FlowC$0.08 per share Price / Cash Flow107.23 Book ValueC$19.50 per share Price / Book0.43Miscellaneous Outstanding Shares82,510,000Free FloatN/AMarket CapC$694.73 million OptionableOptionable Beta2.74 Key ExecutivesMr. Stephen Elias Loukas (Age 45)Interim Pres, CEO & Director Comp: $1.6MMr. Peter D. ScottSr. VP & CFOMr. Mark HawkinsVP of Legal, Gen. Counsel & Corp. Sec.Mr. Gary SykesSr. VP of Commercial & Devel.Mr. William Clifford SwadlingVP of OperationsMr. Jay McGilvarySr. Director of Devel.More ExecutivesKey CompetitorsTORC Oil & Gas Ltd. (TOG.TO)TSE:TOGStorm ResourcesTSE:SRXSurge EnergyTSE:SGYKiwetinohk EnergyTSE:KECLeucrotta ExplorationCVE:LXEView All CompetitorsInsidersGareth Robin SykesSold 4,000 sharesTotal: C$47,277.20 ($11.82/share)Stephen LoukasBought 3,500 shares on 9/26/2022Total: C$29,392.65 ($8.40/share)Stephen LoukasBought 2,000 shares on 9/12/2022Total: C$21,646.20 ($10.82/share)Stephen LoukasBought 3,000 shares on 9/9/2022Total: C$31,579.20 ($10.53/share)Stephen LoukasBought 5,000 shares on 8/22/2022Total: C$56,889.00 ($11.38/share)View All Insider Transactions OBE Stock - Frequently Asked Questions Should I buy or sell Obsidian Energy stock right now? 3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Obsidian Energy in the last twelve months. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street equities 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 forecast for 2023? 3 Wall Street research analysts have issued 12 month price targets for Obsidian Energy's shares. Their OBE share price forecasts range from C$10.00 to C$14.00. On average, they anticipate the company's stock price to reach C$12.25 in the next twelve months. This suggests a possible upside of 45.5% from the stock's current price. View analysts price targets for OBE or view top-rated stocks among Wall Street analysts. How have OBE shares performed in 2023? Obsidian Energy's stock was trading at C$8.98 at the start of the year. Since then, OBE shares have decreased by 6.2% and is now trading at C$8.42. View the best growth stocks for 2023 here. When is Obsidian Energy's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, July 27th 2023. View our OBE earnings forecast. How were Obsidian Energy's earnings last quarter? Obsidian Energy Ltd. (TSE:OBE) posted its quarterly earnings results on Thursday, May, 4th. The company reported $0.36 earnings per share (EPS) for the quarter. The company had revenue of $180.90 million for the quarter. Obsidian Energy had a trailing twelve-month return on equity of 68.14% and a net margin of 107.79%. 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 Precision Drilling (PD), Crescent Point Energy (CPG), ARC Resources (ARX), Baytex Energy (BTE), Tronox (TROX), Arcturus Therapeutics (ARCT), Cardinal Energy (CJ), Inter Pipeline (IPL) and Tembec (TMB). What is Obsidian Energy's stock symbol? Obsidian Energy trades on the Toronto Stock Exchange (TSX) under the ticker symbol "OBE." How do I buy shares of Obsidian Energy? Shares of OBE stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.Compare Top Brokerages Here. What is Obsidian Energy's stock price today? One share of OBE stock can currently be purchased for approximately C$8.42. How much money does Obsidian Energy make? Obsidian Energy (TSE:OBE) has a market capitalization of C$694.73 million and generates C$757.80 million in revenue each year. The company earns C$816.80 million in net income (profit) each year or C$9.68 on an earnings per share basis. How many employees does Obsidian Energy have? The company employs 173 workers across the globe. How can I contact Obsidian Energy? Obsidian Energy's mailing address is 207 9 Ave SW Suite 200, CALGARY, AB T2P 1K3, Canada. The official website for the company is www.obsidianenergy.com. The company can be reached via phone at +1-403-7772500. This page (TSE:OBE) was last updated on 5/29/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Obsidian Energy Ltd. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: 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. 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