Obsidian Energy Ltd. explores for, develops, and produces oil and natural gas in western Canada. The company primarily holds interests in the Cardium development area that covers an area of approximately 450 net sections of developed and undeveloped land located in west central Alberta; Peace River development area covering an area of 235 net sections of developed and undeveloped land located in northwestern Alberta; and Viking development area that covers an area of approximately 170 net sections of developed and undeveloped land located in Eastern Alberta. It also owns an interest in the Deep Basin development area covering an area of 700 net sections of developed and undeveloped land located located in Alberta. The company was formerly known as Penn West Petroleum Ltd. and changed its name to Obsidian Energy Ltd. in June 2017. Obsidian Energy Ltd. was founded in 1979 and is headquartered in Calgary, Canada.
Industry, Sector and Symbol
Industry Oil & Gas E&P
Sub-IndustryN/A
SectorEnergy
CIKN/A
Phone+1-403-7772500
Debt
Price-To-Earnings
Sales & Book Value
Annual SalesC$408 million
Profitability
Miscellaneous
EmployeesN/A
Next Earnings Date5/10/2019 (Estimated)
OptionableOptionable
Obsidian Energy (TSE:OBE) Frequently Asked Questions
What is Obsidian Energy's stock symbol?
Obsidian Energy trades on the Toronto Stock Exchange (TSX) under the ticker symbol "OBE."
When is Obsidian Energy's next earnings date?
What price target have analysts set for OBE?
6 Wall Street analysts have issued 12-month price targets for Obsidian Energy's shares. Their forecasts range from C$0.40 to C$1.75. On average, they expect Obsidian Energy's stock price to reach C$0.80 in the next twelve months. This suggests a possible upside of 105.1% from the stock's current price. View Analyst Price Targets for Obsidian Energy.
What is the consensus analysts' recommendation for Obsidian Energy?
6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Obsidian Energy in the last year. There are currently 6 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Obsidian Energy.
Has Obsidian Energy been receiving favorable news coverage?
News headlines about OBE stock have trended positive on Monday, according to InfoTrie. InfoTrie scores the sentiment of media coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Obsidian Energy earned a media sentiment score of 3.0 on InfoTrie's scale. They also gave news coverage about the company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the stock's share price in the next few days.
Who are some of Obsidian Energy's key competitors?
Some companies that are related to Obsidian Energy include Canacol Energy (CNE), Premier Oil (PMO), Diversified Gas & Oil (DGOC), Canacol Energy (CNNEF), Tamarack Valley Energy (TVE), Phoenix Global Resources (PGR), Senex Energy (SXY), Advantage Oil & Gas (AAV), Surge Energy (SGY), Jadestone Energy (JSE), BlackPearl Resources (PXX), Pengrowth Energy (PGF), Painted Pony Energy (PONY), Cardinal Energy (CJ) and FAR (FAR).
What other stocks do shareholders of Obsidian Energy own?
Who are Obsidian Energy's key executives?
Obsidian Energy's management team includes the folowing people:
- Mr. David Lawrence French, Pres, CEO & Director (Age 50)
- Mr. David Warren Hendry, Chief Financial Officer
- Mr. Mark Hodgson, VP of Operations and E&P Services
- Mr. Brad Monaco, Mang. of Corp. Planning & Investor Relations
- Mr. Andrew Francis Sweerts, VP of Bus. Devel. & Commercial
How do I buy shares of Obsidian Energy?
Shares of OBE and other Canadian stocks can be purchased through online brokerage accounts that support trading on the Toronto Stock Exchange (TSX). Brokers that permit trading on the TSX include Fidelity, Interactive Brokers, PennTrade and Charles Schwab.
What is Obsidian Energy's stock price today?
One share of OBE stock can currently be purchased for approximately C$0.39.
How big of a company is Obsidian Energy?
Obsidian Energy has a market capitalization of C$197.85 million and generates C$408 million in revenue each year.
What is Obsidian Energy's official website?
How can I contact Obsidian Energy?
Obsidian Energy'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.
MarketBeat Community Rating for Obsidian Energy (TSE OBE)
MarketBeat's community ratings are surveys of what our community members think about Obsidian Energy 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.
