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S&P 500   5,130.95
DOW   38,989.83
QQQ   444.02
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How major US stock indexes fared Monday, 3/4/2024
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DeSantis names Disney World district administrator to run elections in Democratic Orange County
Stock market today: World markets are lower after China unveils 5% economic growth target for 2024
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Ohio foundation begins process to distribute millions in opioid settlement money
Closing prices for crude oil, gold and other commodities
S&P 500   5,130.95
DOW   38,989.83
QQQ   444.02
5 Under-the-Radar Artificial Intelligence (AI) Stocks
Critical asset just had biggest fall on record (Ad)
How major US stock indexes fared Monday, 3/4/2024
Macy's, United Rentals rise; Apple, Spirit Airlines fall Monday, 3/4/2024
Critical asset just had biggest fall on record (Ad)
DeSantis names Disney World district administrator to run elections in Democratic Orange County
Stock market today: World markets are lower after China unveils 5% economic growth target for 2024
Critical asset just had biggest fall on record (Ad)
Ohio foundation begins process to distribute millions in opioid settlement money
Closing prices for crude oil, gold and other commodities
S&P 500   5,130.95
DOW   38,989.83
QQQ   444.02
5 Under-the-Radar Artificial Intelligence (AI) Stocks
Critical asset just had biggest fall on record (Ad)
How major US stock indexes fared Monday, 3/4/2024
Macy's, United Rentals rise; Apple, Spirit Airlines fall Monday, 3/4/2024
Critical asset just had biggest fall on record (Ad)
DeSantis names Disney World district administrator to run elections in Democratic Orange County
Stock market today: World markets are lower after China unveils 5% economic growth target for 2024
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Ohio foundation begins process to distribute millions in opioid settlement money
Closing prices for crude oil, gold and other commodities
TSE:OBE

Obsidian Energy (OBE) Stock Price, News & Analysis

C$9.62
-0.13 (-1.33%)
(As of 03/4/2024 ET)
Today's Range
C$9.61
C$9.81
50-Day Range
C$8.55
C$9.75
52-Week Range
C$7.05
C$12.08
Volume
149,884 shs
Average Volume
136,671 shs
Market Capitalization
C$743.63 million
P/E Ratio
7.52
Dividend Yield
0.42%
Price Target
C$13.06

Obsidian Energy MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.75 Rating Score
Upside/​Downside
35.8% Upside
C$13.06 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
1.74mentions of Obsidian Energy in the last 14 days
Based on 2 Articles This Week
Insider Trading
Acquiring Shares
C$291,124 Bought Last Quarter
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.18 out of 5 stars


OBE stock logo

About Obsidian Energy Stock (TSE:OBE)

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.

OBE Stock Price History

OBE Stock News Headlines

This is the #1 Stock to Buy for the AI Tidal Wave
Marc Chaikin warned people about NVDA before its 2023 bull run - now he’s naming his next pick or the AI tidal wave. Learn more here.
Critical asset just had biggest fall on record
What many consider America's critical financial asset suffers biggest fall on record. Expert says: "it's very bad for millions, protect yourself now."
Obsidian Energy Ltd.
OBE Obsidian Energy Ltd.
Obsidian Energy Stock (AMEX:OBE) Insider Trades
Obsidian Energy Ltd OBE
Obsidian Energy
Stocks in play: Obsidian Energy
See More Headlines
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Company Calendar

Today
3/05/2024
Next Earnings (Estimated)
5/02/2024

Industry, Sector and Symbol

Sector
Energy
Industry
Oil & Gas E&P
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
191
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
C$13.06
High Stock Price Target
C$14.00
Low Stock Price Target
C$12.00
Potential Upside/Downside
+35.8%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.75
Research Coverage
4 Analysts

Profitability

Net Income
C$108 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$653.30 million
Cash Flow
C$0.09 per share
Book Value
C$21.19 per share

Miscellaneous

Free Float
N/A
Market Cap
C$743.63 million
Optionable
Not Optionable
Beta
2.44
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Key Executives

  • Mr. Stephen Elias Loukas (Age 46)
    President, CEO & Director
    Comp: $716.9k
  • Mr. Peter D. Scott
    Senior VP & CFO
  • Mr. William Clifford Swadling
    Vice President of Operations
  • Mr. Mark Hawkins
    VP of Legal, General Counsel & Corporate Secretary
  • Mr. Gary Sykes
    Senior Vice President of Commercial & Development
  • Mr. Jay McGilvary
    Senior Director of Development














OBE Stock Analysis - Frequently Asked Questions

Should I buy or sell Obsidian Energy stock right now?

4 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 3 buy ratings for the stock. The consensus among Wall Street equities 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 target for 2024?

4 brokers have issued 1-year price objectives for Obsidian Energy's shares. Their OBE share price targets range from C$12.00 to C$14.00. On average, they predict the company's stock price to reach C$13.06 in the next year. This suggests a possible upside of 35.8% 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 2024?

Obsidian Energy's stock was trading at C$8.99 on January 1st, 2024. Since then, OBE stock has increased by 7.0% and is now trading at C$9.62.
View the best growth stocks for 2024 here
.

When is Obsidian Energy's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 2nd 2024.
View our OBE earnings forecast
.

Is Obsidian Energy a good dividend stock?

Obsidian Energy (TSE:OBE) pays an annual dividend of C$0.04 per share and currently has a dividend yield of 1.92%. The dividend payout ratio is 3.13%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for OBE.

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).

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.

This page (TSE:OBE) was last updated on 3/5/2024 by MarketBeat.com Staff