TSE:OBE Obsidian Energy (OBE) Stock Forecast, Price & News C$11.01 +0.68 (+6.58%) (As of 09/22/2023 ET) Add Compare Share Share Today's RangeC$10.51▼C$11.1050-Day RangeC$8.26▼C$11.0152-Week RangeC$7.05▼C$13.94Volume571,463 shsAverage Volume289,038 shsMarket CapitalizationC$884.32 millionP/E Ratio1.31Dividend YieldN/APrice TargetC$13.38 ProfileProfileAnalyst RatingsChartCompetitorsEarningsInsider TradesHeadlinesOptions ChainSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsInsider TradesHeadlinesOptions ChainSocial Media Obsidian Energy MarketRank™ ForecastAnalyst RatingModerate Buy2.75 Rating ScoreUpside/Downside21.5% UpsideC$13.38 Price TargetShort InterestN/ADividend StrengthN/ASustainabilityN/ANews Sentiment0.94Based on 8 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.2.08 out of 5 stars 2.4 Analyst's Opinion Consensus RatingObsidian Energy has received a consensus rating of Moderate Buy. The company's average rating score is 2.75, and is based on 3 buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of C$13.38, Obsidian Energy has a forecasted upside of 21.5% from its current price of C$11.01.Amount of Analyst CoverageObsidian Energy has only been the subject of 3 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 3.3 News and Social Media Coverage News SentimentObsidian Energy has a news sentiment score of 0.94. 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 0.53 average news sentiment score of Energy companies.News Coverage This WeekMarketBeat has tracked 8 news articles for Obsidian Energy this week, compared to 1 article on an average week.Search Interest4 people have searched for OBE on MarketBeat in the last 30 days. This is an increase of 300% compared to the previous 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 1.14% of the stock of Obsidian Energy is held by insiders.Percentage Held by InstitutionsOnly 19.80% 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 1.31, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 123.09.Price to Earnings Ratio vs. SectorThe P/E ratio of Obsidian Energy is 1.31, which means that it is trading at a less expensive P/E ratio than the Energy sector average P/E ratio of about 111.96.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 0.55. 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 OBE Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart OBE Stock News HeadlinesSeptember 22, 2023 | baystreet.caObsidian EnergySeptember 21, 2023 | ca.finance.yahoo.comStocks in play: Obsidian EnergySeptember 23, 2023 | Legacy Research (Ad)Watch SHOCKING Footage of AI Facility with Ties to Elon MuskI recently traveled more than 3,000 miles and shot this video outside what could end up being Elon Musk’s biggest secret. Most people don’t know about this facility, but it could be the most important AI project in the world. What’s happening inside these walls is so important that our government has declared it a matter of national security.September 21, 2023 | msn.comObsidian Energy outlines plan to raise production to 50K boe/day in three yearsSeptember 21, 2023 | finance.yahoo.comObsidian Energy Announces Three-Year Growth Plan to Reach 50,000 boe/d in 2026September 7, 2023 | finance.yahoo.comObsidian Energy Announces Peters & Co. Limited's Energy Conference ClarificationAugust 17, 2023 | finance.yahoo.comObsidian Energy Completes Offer to Purchase $5.0 Million of Its Outstanding Senior Unsecured NotesAugust 10, 2023 | finance.yahoo.comObsidian Energy Announces Participation in the EnerCom Denver Energy Investment ConferenceSeptember 23, 2023 | Altimetry (Ad)DOD Consultant's big 2024 prediction looks to be coming trueEarlier this year, a Department of Defense (DOD) consultant went public with a big prediction…About how a surprising 2024 event would dramatically affect you and your money. The most recent figures (published June 9th 2023) indicate he’s very likely to be right. Get the facts—learn how to prepare. Full analysis available free of charge here…August 2, 2023 | finanznachrichten.deObsidian Energy Ltd.: Obsidian Energy Announces Second Quarter 2023 ResultsAugust 2, 2023 | finance.yahoo.comObsidian Energy Announces Second Quarter 2023 ResultsJuly 27, 2023 | finance.yahoo.comOBE.TO - Obsidian Energy Ltd.July 24, 2023 | finance.yahoo.comObsidian Energy Announces Release Date of Second Quarter 2023 ResultsJuly 14, 2023 | markets.businessinsider.comRaymond James Keeps Their Buy Rating on Obsidian Energy (OBE)July 10, 2023 | markets.businessinsider.comObsidian Energy (OBE) Receives a Buy from RBC CapitalJune 12, 2023 | finanznachrichten.deObsidian Energy Ltd.: Obsidian Energy Announces Voting Results from the 2023 Annual and Special Meeting of ShareholdersJune 12, 2023 | finance.yahoo.comObsidian Energy Announces Voting Results from the 2023 Annual and Special Meeting of ShareholdersJune 8, 2023 | msn.comSTIFEL CANADA Maintains Obsidian Energy (TSE:OBE) Buy RecommendationMay 20, 2023 | theglobeandmail.comClosing Bell: Obsidian Energy Ltd flat on Friday (OBE)May 19, 2023 | finance.yahoo.comWildfires Rage in Western Canada, Disrupting Energy OutputMay 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 2, 2023 | theglobeandmail.comClosing Bell: Obsidian Energy Ltd down on Tuesday (OBE)April 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 17, 2023 | theglobeandmail.comClosing Bell: Obsidian Energy Ltd down on Monday (OBE)See More Headlines 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 Earnings8/02/2023Today9/22/2023Next Earnings (Estimated)11/14/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeTSE Industry Oil & Gas E&P Sub-IndustryN/A SectorEnergy Current SymbolTSE:OBE Previous SymbolTSE:PWT CUSIPN/A CIKN/A Webwww.obsidianenergy.com Phone+1-403-7772500FaxN/AEmployees191Year FoundedN/APrice Target and Rating Average Stock Price ForecastC$13.38 High Stock Price ForecastC$15.00 Low Stock Price ForecastC$11.00 Forecasted Upside/Downside+13.0%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)C$8.39 Trailing P/E Ratio1.31 Forward P/E Ratio5.69 P/E Growth0.08Net IncomeC$721.30 million Net Margins107.03% Pretax MarginN/A Return on Equity57.19% Return on Assets17.83% Debt Debt-to-Equity Ratio17.36 Current Ratio0.53 Quick Ratio0.41 Sales & Book Value Annual SalesC$673.90 million Price / Sales1.31 Cash FlowC$0.10 per share Price / Cash Flow107.23 Book ValueC$19.92 per share Price / Book0.55Miscellaneous Outstanding Shares80,320,000Free FloatN/AMarket CapC$884.32 million OptionableOptionable Beta2.77 Beginner's Guide to Pot Stock InvestingClick the link below and we'll send you MarketBeat's guide to pot stock investing and which pot companies show the most promise. Get This Free Report Key ExecutivesMr. Stephen Elias Loukas (Age 45)Pres, CEO & Director Comp: $716.9kMr. Peter D. ScottSr. VP & CFOMr. William Clifford SwadlingVP of OperationsMr. Mark HawkinsVP of Legal, Gen. Counsel & Corp. Sec.Mr. Gary SykesSr. VP of Commercial & Devel.Mr. Jay McGilvarySr. Director of Devel.More ExecutivesKey CompetitorsFrontera EnergyTSE:FECSpartan DeltaTSE:SDESurge EnergyTSE:SGYCrew EnergyTSE:CRKiwetinohk EnergyTSE:KECView 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)View All Insider Transactions OBE Stock - Frequently Asked Questions Should I buy or sell Obsidian Energy stock right now? 4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Obsidian Energy in the last twelve months. There are currently 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" OBE shares. View OBE analyst ratings or view top-rated stocks. What is Obsidian Energy's stock price forecast for 2023? 4 Wall Street analysts have issued 1 year price objectives for Obsidian Energy's stock. Their OBE share price forecasts range from C$11.00 to C$15.00. On average, they expect the company's share price to reach C$13.38 in the next twelve months. This suggests a possible upside of 21.5% 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 beginning of the year. Since then, OBE stock has increased by 22.6% and is now trading at C$11.01. 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 Tuesday, November 14th 2023. View our OBE earnings forecast. How were Obsidian Energy's earnings last quarter? Obsidian Energy Ltd. (TSE:OBE) released its quarterly earnings data on Wednesday, August, 2nd. The company reported $0.22 EPS for the quarter. The company earned $166 million during the quarter. Obsidian Energy had a net margin of 107.03% and a trailing twelve-month return on equity of 57.19%. 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$11.01. How much money does Obsidian Energy make? Obsidian Energy (TSE:OBE) has a market capitalization of C$884.32 million and generates C$673.90 million in revenue each year. The company earns C$721.30 million in net income (profit) each year or C$8.39 on an earnings per share basis. How many employees does Obsidian Energy have? The company employs 191 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 9/23/2023 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. 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 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Your Password: or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Choose a Password: Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.