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S&P 500   4,205.45
DOW   33,093.34
QQQ   348.40
Stock market today: Markets mostly higher after Biden-McCarthy deal on US debt
3 Free Stock Picks per Day (Ad)
10 Ways Entrepreneurs Can Navigate a Down Economy
Get the Most Out of Remote Meetings and Avoid Meeting Burn Out
Laser breakthrough could send stock soaring 2,467% (Ad)
A Woman Co-founder's Guide to Empowering Women in the Workplace and Advocating for Gender Equality
Open vs. Anonymous Employee Feedback — Which is Better?
The single greatest medical breakthrough of all time? (Ad)
PwC Australia sidelines 9 directors as leak of tax information investigated
South African president appoints judge to oversee weapons-for-Russia inquiry
S&P 500   4,205.45
DOW   33,093.34
QQQ   348.40
Stock market today: Markets mostly higher after Biden-McCarthy deal on US debt
3 Free Stock Picks per Day (Ad)
10 Ways Entrepreneurs Can Navigate a Down Economy
Get the Most Out of Remote Meetings and Avoid Meeting Burn Out
Laser breakthrough could send stock soaring 2,467% (Ad)
A Woman Co-founder's Guide to Empowering Women in the Workplace and Advocating for Gender Equality
Open vs. Anonymous Employee Feedback — Which is Better?
The single greatest medical breakthrough of all time? (Ad)
PwC Australia sidelines 9 directors as leak of tax information investigated
South African president appoints judge to oversee weapons-for-Russia inquiry
S&P 500   4,205.45
DOW   33,093.34
QQQ   348.40
Stock market today: Markets mostly higher after Biden-McCarthy deal on US debt
3 Free Stock Picks per Day (Ad)
10 Ways Entrepreneurs Can Navigate a Down Economy
Get the Most Out of Remote Meetings and Avoid Meeting Burn Out
Laser breakthrough could send stock soaring 2,467% (Ad)
A Woman Co-founder's Guide to Empowering Women in the Workplace and Advocating for Gender Equality
Open vs. Anonymous Employee Feedback — Which is Better?
The single greatest medical breakthrough of all time? (Ad)
PwC Australia sidelines 9 directors as leak of tax information investigated
South African president appoints judge to oversee weapons-for-Russia inquiry
TSE:OBE

Obsidian Energy (OBE) Stock Forecast, Price & News

C$8.42
+0.23 (+2.81%)
(As of 05/29/2023 ET)
Compare
Today's Range
C$8.18
C$8.42
50-Day Range
C$7.86
C$9.42
52-Week Range
C$7.75
C$15.67
Volume
71,621 shs
Average Volume
329,737 shs
Market Capitalization
C$694.73 million
P/E Ratio
0.87
Dividend Yield
N/A
Price Target
C$12.25

Obsidian Energy MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
45.5% Upside
C$12.25 Price Target
Short Interest
N/A
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
1.05mentions of Obsidian Energy in the last 14 days
Based on 2 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
N/A

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


OBE stock logo

About Obsidian Energy (TSE:OBE) Stock

Obsidian 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.

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OBE Stock News Headlines

Closing Bell: Obsidian Energy Ltd flat on Friday (OBE)
"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 >>>
Obsidian Energy (TSE:OBE) Sets New 52-Week Low at $7.75
Top Energy Stocks for May 2023
"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 >>>
Obsidian Energy (OBE) to Release Earnings on Thursday
Closing Bell: Obsidian Energy Ltd up on Friday (OBE)
Closing Bell: Obsidian Energy Ltd down on Monday (OBE)
Closing Bell: Obsidian Energy Ltd down on Friday (OBE)
Closing Bell: Obsidian Energy Ltd down on Wednesday (OBE)
Closing Bell: Obsidian Energy Ltd up on Tuesday (OBE)
Closing Bell: Obsidian Energy Ltd up on Monday (OBE)
Top Oil & Gas Stocks for Q2 2023
Obsidian Energy Is Trying To Get To Easy Street
Obsidian Energy (TSE:OBE) Price Target Cut to C$10.00
See More Headlines
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OBE Company Calendar

Last Earnings
5/04/2023
Today
5/29/2023
Next Earnings (Estimated)
7/27/2023

Industry, Sector and Symbol

Industry
Oil & Gas E & P
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
173
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
C$12.25
High Stock Price Forecast
C$14.00
Low Stock Price Forecast
C$10.00
Forecasted Upside/Downside
+45.5%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
3 Analysts

Profitability

Net Income
C$816.80 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$757.80 million
Cash Flow
C$0.08 per share
Book Value
C$19.50 per share

Miscellaneous

Free Float
N/A
Market Cap
C$694.73 million
Optionable
Optionable
Beta
2.74

Key Executives

  • Mr. Stephen Elias Loukas (Age 45)
    Interim Pres, CEO & Director
    Comp: $1.6M
  • Mr. Peter D. Scott
    Sr. VP & CFO
  • Mr. Mark Hawkins
    VP of Legal, Gen. Counsel & Corp. Sec.
  • Mr. Gary Sykes
    Sr. VP of Commercial & Devel.
  • Mr. William Clifford Swadling
    VP of Operations
  • Mr. Jay McGilvary
    Sr. Director of Devel.













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

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