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S&P 500   4,205.45
DOW   33,093.34
QQQ   348.40
China's 1st domestically made passenger plane completes maiden commercial flight
15 A.I. Trading Opportunities a Day (Ad)
In Nigeria’s hard-hit north, families seek justice as armed groups seek control
Biden, McCarthy reach final deal to prevent default, now must sell to Congress
Free A.I. Trade Alerts. Up to 15 opportunities a day. (Ad)
EgyptAir flight from Cairo blows tire during landing in Saudi Arabia
Russia launched 'largest drone attack' on Ukrainian capital before Kyiv Day; 1 killed
The 4th Military Revolution is Happening (Ad)
'Succession' fans brace for series finale of Emmy-winning hit drama
Turkey's Erdogan wins another term as president, extends rule into 3rd decade
S&P 500   4,205.45
DOW   33,093.34
QQQ   348.40
China's 1st domestically made passenger plane completes maiden commercial flight
15 A.I. Trading Opportunities a Day (Ad)
In Nigeria’s hard-hit north, families seek justice as armed groups seek control
Biden, McCarthy reach final deal to prevent default, now must sell to Congress
Free A.I. Trade Alerts. Up to 15 opportunities a day. (Ad)
EgyptAir flight from Cairo blows tire during landing in Saudi Arabia
Russia launched 'largest drone attack' on Ukrainian capital before Kyiv Day; 1 killed
The 4th Military Revolution is Happening (Ad)
'Succession' fans brace for series finale of Emmy-winning hit drama
Turkey's Erdogan wins another term as president, extends rule into 3rd decade
S&P 500   4,205.45
DOW   33,093.34
QQQ   348.40
China's 1st domestically made passenger plane completes maiden commercial flight
15 A.I. Trading Opportunities a Day (Ad)
In Nigeria’s hard-hit north, families seek justice as armed groups seek control
Biden, McCarthy reach final deal to prevent default, now must sell to Congress
Free A.I. Trade Alerts. Up to 15 opportunities a day. (Ad)
EgyptAir flight from Cairo blows tire during landing in Saudi Arabia
Russia launched 'largest drone attack' on Ukrainian capital before Kyiv Day; 1 killed
The 4th Military Revolution is Happening (Ad)
'Succession' fans brace for series finale of Emmy-winning hit drama
Turkey's Erdogan wins another term as president, extends rule into 3rd decade
TSE:OBE

Obsidian Energy (OBE) Stock Forecast, Price & News

C$8.19
+0.13 (+1.61%)
(As of 05/26/2023 ET)
Compare
Today's Range
C$8.07
C$8.21
50-Day Range
C$7.86
C$9.42
52-Week Range
C$7.75
C$15.67
Volume
302,036 shs
Average Volume
332,292 shs
Market Capitalization
C$675.76 million
P/E Ratio
0.85
Dividend Yield
N/A
Price Target
C$12.25

Obsidian Energy MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
49.6% 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)
[BREAKING] New "Living Missile" to Replace Nuclear Missiles
CBS News Reports: "It's an entirely new type of weapon." The New York Times Reports: "No existing defense can stop it." And one small company is building them for the Pentagon!
Obsidian Energy (TSE:OBE) Sets New 52-Week Low at $7.75
Top Energy Stocks for May 2023
[BREAKING] New "Living Missile" to Replace Nuclear Missiles
CBS News Reports: "It's an entirely new type of weapon." The New York Times Reports: "No existing defense can stop it." And one small company is building them for the Pentagon!
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
5/28/2023
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
+49.6%
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$675.76 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 year. 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 analysts have issued 12-month price targets for Obsidian Energy's stock. Their OBE share price forecasts range from C$10.00 to C$14.00. On average, they anticipate the company's share price to reach C$12.25 in the next twelve months. This suggests a possible upside of 49.6% 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 2023. Since then, OBE stock has decreased by 8.8% and is now trading at C$8.19.
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) released its quarterly earnings data on Thursday, May, 4th. The company reported $0.36 earnings per share (EPS) for the quarter. The business 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$8.19.

How much money does Obsidian Energy make?

Obsidian Energy (TSE:OBE) has a market capitalization of C$675.76 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 5/28/2023 by MarketBeat.com Staff

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