TSE:OBE

Obsidian Energy Ltd. (OBE.TO) Stock Forecast, Price & News

C$1.14

+0.04 (+3.64 %)

(As of 01/25/2021 12:00 AM ET)

Add

Compare

Today's Range

C$1.05

Now: C$1.14▼

C$1.15

50-Day Range

C$0.59

MA: C$0.97▼

C$1.34

52-Week Range

C$0.20

Now: C$1.14▼

C$1.39

Volume53,556 shs

Average Volume128,637 shs

Market CapitalizationC$83.81 million

P/E RatioN/A

Dividend YieldN/A

BetaN/A

Obsidian Energy Ltd. explores for, develops, and holds interests in oil and natural gas properties and related production infrastructure 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.

MarketRank^™

Overall MarketRank^™

0.72 out of 5 stars

0.8 Analyst's Opinion

Consensus Rating
Obsidian Energy Ltd. (OBE.TO) has received a consensus rating of Hold. The company's average rating score is 1.50, and is based on no buy ratings, 1 hold rating, and 1 sell rating.
Price Target Upside/Downside
According to analysts' consensus price target of C$0.75, Obsidian Energy Ltd. (OBE.TO) has a forecasted downside of 34.2% from its current price of C$1.14.
Amount of Analyst Coverage
Obsidian Energy Ltd. (OBE.TO) has only been the subject of 1 research reports in the past 90 days.

2.2 Community Rank

Outperform Votes
Obsidian Energy Ltd. (OBE.TO) has received 187 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Obsidian Energy Ltd. (OBE.TO) has received 234 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Obsidian Energy Ltd. (OBE.TO) has received 55.58% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Obsidian Energy Ltd. (OBE.TO) and other stocks. Vote “Outperform” if you believe OBE will outperform the S&P 500 over the long term. Vote “Underperform” if you believe OBE will underperform the S&P 500 over the long term. You may vote once every thirty days.

0.0 Dividend Strength

Dividend Yield
Obsidian Energy Ltd. (OBE.TO) does not currently pay a dividend.
Dividend Growth
Obsidian Energy Ltd. (OBE.TO) does not have a long track record of dividend growth.

0.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Obsidian Energy Ltd. (OBE.TO) insiders have sold more of their company's stock than they have bought. Specifically, they have bought C$0.00 in company stock and sold C$31,693.00 in company stock.

0.6 Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Obsidian Energy Ltd. (OBE.TO) is -0.06, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Obsidian Energy Ltd. (OBE.TO) is -0.06, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Obsidian Energy Ltd. (OBE.TO) has a P/B Ratio of 0.26. 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

Industry, Sector and Symbol

Stock Exchange TSE

Industry Oil & Gas E&P

Sub-IndustryN/A

SectorEnergy

Current SymbolTSE:OBE

Previous SymbolTSE:PWT

CUSIPN/A

CIKN/A

Webwww.obsidianenergy.com

Phone+1-403-7772500

EmployeesN/A

Year FoundedN/A

Debt

Debt-to-Equity Ratio146.27

Current Ratio0.58

Quick Ratio0.41

Price-To-Earnings

Trailing P/E RatioN/A

Forward P/E RatioN/A

P/E GrowthN/A

Sales & Book Value

Annual SalesC$305 million

Price / Sales0.27

Cash FlowC$0.08 per share

Price / Cash Flow13.54

Book ValueC$4.38 per share

Price / Book0.26

Profitability

EPS (Most Recent Fiscal Year)N/A

Net IncomeN/A

Net MarginsN/A

Return on EquityN/A

Return on AssetsN/A

Miscellaneous

Outstanding Shares73,516,000

Market CapC$83.81 million

Next Earnings Date3/29/2021 (Estimated)

OptionableOptionable

C$1.14

+0.04 (+3.64 %)

(As of 01/25/2021 12:00 AM ET)

30 days | 90 days | 365 days | Advanced Chart

Receive OBE News and Ratings via Email

Sign-up to receive the latest news and ratings for OBE and its competitors with MarketBeat's FREE daily newsletter.

Obsidian Energy Ltd. (OBE.TO) (TSE:OBE) Frequently Asked Questions

How has Obsidian Energy Ltd. (OBE.TO)'s stock been impacted by Coronavirus?

Obsidian Energy Ltd. (OBE.TO)'s stock was trading at C$0.31 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, OBE stock has increased by 267.7% and is now trading at C$1.14.
View which stocks have been most impacted by COVID-19.

Is Obsidian Energy Ltd. (OBE.TO) a buy right now?

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Obsidian Energy Ltd. (OBE.TO) in the last year. There are currently 1 sell rating and 1 hold rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" Obsidian Energy Ltd. (OBE.TO) stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in OBE, but not buy additional shares or sell existing shares.
View analyst ratings for Obsidian Energy Ltd. (OBE.TO) or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than Obsidian Energy Ltd. (OBE.TO)?

Wall Street analysts have given Obsidian Energy Ltd. (OBE.TO) a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Obsidian Energy Ltd. (OBE.TO) wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Obsidian Energy Ltd. (OBE.TO)'s next earnings date?

Obsidian Energy Ltd. (OBE.TO) is scheduled to release its next quarterly earnings announcement on Monday, March 29th 2021.
View our earnings forecast for Obsidian Energy Ltd. (OBE.TO).

How were Obsidian Energy Ltd. (OBE.TO)'s earnings last quarter?

Obsidian Energy Ltd. (OBE.TO) (TSE:OBE) posted its quarterly earnings data on Monday, November, 2nd. The company reported ($0.05) EPS for the quarter. The business earned $77 million during the quarter.
View Obsidian Energy Ltd. (OBE.TO)'s earnings history.

What price target have analysts set for OBE?

2 brokers have issued 12 month price targets for Obsidian Energy Ltd. (OBE.TO)'s stock. Their forecasts range from C$0.50 to C$1.00. On average, they expect Obsidian Energy Ltd. (OBE.TO)'s share price to reach C$0.75 in the next twelve months. This suggests that the stock has a possible downside of 34.2%.
View analysts' price targets for Obsidian Energy Ltd. (OBE.TO) or view Wall Street analyst' top-rated stocks.

Who are some of Obsidian Energy Ltd. (OBE.TO)'s key competitors?

Some companies that are related to Obsidian Energy Ltd. (OBE.TO) include Epsilon Energy (EPS), Storm Resources Ltd. (SRX.TO) (SRX), RockRose Energy PLC (RRE.L) (RRE), MX Oil (MXO), Jadestone Energy (JSE), EnQuest PLC (ENQ.L) (ENQ), DXI Energy Inc. (DXI.TO) (DXI), Africa Energy Corp. (AFE.V) (AFE), Premier Oil plc (PMO.L) (PMO), Falcon Oil & Gas Ltd. (FO.V) (FO), Phoenix Global Resources plc (PGR.L) (PGR), Zoetic International Plc (ZOE.L) (ZOE), Orca Exploration Group (ORC.B), Savannah Energy PLC (SAVE.L) (SAVE) and Iron Bridge Resources Inc. (IBR.TO) (IBR).
View all of OBE's competitors.

What other stocks do shareholders of Obsidian Energy Ltd. (OBE.TO) own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Obsidian Energy Ltd. (OBE.TO) investors own include (ECA), Precision Drilling Co. (PD.TO) (PD), Crescent Point Energy Corp. (CPG.TO) (CPG), ARC Resources Ltd. (ARX.TO) (ARX), Baytex Energy Corp. (BTE.TO) (BTE), Tronox (TROX), Arcturus Therapeutics (ARCT), Cardinal Energy Ltd. (CJ.TO) (CJ), Inter Pipeline Ltd. (IPL.TO) (IPL) and (TMB.TO) (TMB).

Who are Obsidian Energy Ltd. (OBE.TO)'s key executives?

Obsidian Energy Ltd. (OBE.TO)'s management team includes the following people:

Mr. Stephen Elias Loukas, Interim Pres, CEO & Director (Age 42, Pay $649.04k)
Mr. Peter D. Scott, Sr. VP & CFO
Mr. Aaron Smith, Sr. VP of Devel. & Operations
Mr. Mark Hawkins, VP of Legal, Gen. Counsel & Corp. Sec.
Mr. Kyle Doucet, Corp. Planning & Strategy Analyst
Laura Butynets, Investor Relations Analyst

What is Obsidian Energy Ltd. (OBE.TO)'s stock symbol?

Obsidian Energy Ltd. (OBE.TO) trades on the Toronto Stock Exchange (TSX) under the ticker symbol "OBE."

How do I buy shares of Obsidian Energy Ltd. (OBE.TO)?

Shares of OBE 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.

What is Obsidian Energy Ltd. (OBE.TO)'s stock price today?

One share of OBE stock can currently be purchased for approximately C$1.14.

How big of a company is Obsidian Energy Ltd. (OBE.TO)?

Obsidian Energy Ltd. (OBE.TO) has a market capitalization of C$83.81 million and generates C$305 million in revenue each year.

What is Obsidian Energy Ltd. (OBE.TO)'s official website?

The official website for Obsidian Energy Ltd. (OBE.TO) is www.obsidianenergy.com.

How can I contact Obsidian Energy Ltd. (OBE.TO)?

Obsidian Energy Ltd. (OBE.TO)'s mailing address is 207 9 Ave SW Suite 200, CALGARY, AB T2P 1K3, Canada. The company can be reached via phone at +1-403-7772500.

This page was last updated on 1/26/2021 by MarketBeat.com Staff

30 Days of MarketBeat All Access for $1.00

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 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 Risk-Free Trial Subscription Here