TSE:OBE

Obsidian Energy (OBE) Stock Price, News & Analysis

C$11.62
+0.51 (+4.59%)
(As of 04/23/2024 ET)
Today's Range
C$11.03
C$11.63
50-Day Range
C$8.75
C$11.99
52-Week Range
C$7.05
C$12.11
Volume
156,912 shs
Average Volume
141,552 shs
Market Capitalization
C$898.23 million
P/E Ratio
9.08
Dividend Yield
0.34%
Price Target
C$14.19

Obsidian Energy MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
22.1% Upside
C$14.19 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
Selling Shares
C$231,112 Sold 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.

2.61 out of 5 stars

OBE stock logo

About Obsidian Energy Stock (TSE:OBE)

Obsidian Energy Ltd. engages in the exploration, production, and development of oil and natural gas properties in the Western Canada. 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

Obsidian Energy (TSE:OBE) Hits New 1-Year High at $12.11
SHOCKING Crypto Leak…
A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024.
OBE Oct 2024 10.000 call
OBE Oct 2024 5.000 put
SHOCKING Crypto Leak…
A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024.
OBE Apr 2024 5.000 put
OBE Apr 2024 7.500 call
Obsidian Energy Ltd.
OBE Obsidian Energy Ltd.
Obsidian Energy Stock (AMEX:OBE) Insider Trades
See More Headlines
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Company Calendar

Last Earnings
2/22/2024
Today
4/23/2024
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
198
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
C$14.19
High Stock Price Target
C$16.50
Low Stock Price Target
C$12.50
Potential Upside/Downside
+22.1%
Consensus Rating
Buy
Rating Score (0-4)
3.00
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$0.11 per share
Book Value
C$21.19 per share

Miscellaneous

Free Float
N/A
Market Cap
C$898.23 million
Optionable
Not Optionable
Beta
2.49
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OBE Stock Analysis - Frequently Asked Questions

Should I buy or sell Obsidian Energy stock right now?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Obsidian Energy in the last twelve months. There are currently 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" OBE shares.
View OBE analyst ratings
or view top-rated stocks.

What is Obsidian Energy's stock price target for 2024?

4 brokerages have issued 12-month price targets for Obsidian Energy's stock. Their OBE share price targets range from C$12.50 to C$16.50. On average, they predict the company's share price to reach C$14.19 in the next year. This suggests a possible upside of 22.1% 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 at the beginning of the year. Since then, OBE stock has increased by 29.3% and is now trading at C$11.62.
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
.

How were Obsidian Energy's earnings last quarter?

Obsidian Energy Ltd. (TSE:OBE) released its earnings results on Thursday, February, 22nd. The company reported $0.42 earnings per share (EPS) for the quarter. The business earned $173.30 million during the quarter. Obsidian Energy had a net margin of 16.53% and a trailing twelve-month return on equity of 6.70%.

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 4/24/2024 by MarketBeat.com Staff

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