Obsidian Energy (OBE) Stock Price, News & Analysis

Company Overview

Obsidian Energy Ltd. explores for, develops, and produces oil and natural gas in western Canada. It holds interests in the Alberta Viking, Cardium, Deep Basin, and Peace River areas. 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.

Key Stats

• Today's Range: $5.63 to $5.81
• 50-Day Range: $0.16 to $0.21
• 52-Week Range: $0.15 to $2.70
• Volume: 340,150 shs
• Average Volume: 393,745 shs
• Market Capitalization: $432.26 million
• P/E Ratio: 5.43
• Dividend Yield: N/A
• Price Target: $15.25
• Consensus Rating: Strong Buy

Obsidian Energy Stock Analysis - MarketRank™

Obsidian Energy scored higher than 70% of companies evaluated by MarketBeat, and ranked 112th out of 264 stocks in the oils/energy sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.8 / 5
• Analyst Rating: Strong Buy

Consensus Rating

Obsidian Energy has received a consensus rating of Strong Buy. The company's average rating score is 3.50, and is based on 1 buy rating, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

Obsidian Energy has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 3.8 / 5
• Proj. Earnings Growth: 25.16%

Earnings Growth

Earnings for Obsidian Energy are expected to grow by 25.16% in the coming year, from $1.55 to $1.94 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Obsidian Energy is 5.43, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 125.26.

Price to Earnings Ratio vs. Sector

The P/E ratio of Obsidian Energy is 5.43, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 15.37.

Price to Book Value per Share Ratio

Obsidian Energy has a P/B Ratio of 0.35. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for OBE.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Obsidian Energy does not currently pay a dividend.

Dividend Growth

Obsidian Energy does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for OBE.

News and Social Media

• Score: 0.6 / 5
• News Sentiment: N/A

Search Interest

6 people have searched for OBE on MarketBeat in the last 30 days. This is an increase of 500% compared to the previous 30 days.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Obsidian Energy insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 7.00% of the stock of Obsidian Energy is held by insiders.

Percentage Held by Institutions

Only 13.51% of the stock of Obsidian Energy is held by institutions.

OBE Stock Analysis - Frequently Asked Questions

How were Obsidian Energy's earnings last quarter?

Obsidian Energy Ltd (NYSE:OBE) released its quarterly earnings data on Thursday, October, 31st. The oil and gas company reported $0.31 earnings per share (EPS) for the quarter. The oil and gas company earned $159.96 million during the quarter. Obsidian Energy had a net margin of 14.97% and a trailing twelve-month return on equity of 6.96%.

Who are Obsidian Energy's major shareholders?

Obsidian Energy's top institutional shareholders include Geode Capital Management LLC (0.32%), Charles Schwab Investment Management Inc. (0.21%), Janney Montgomery Scott LLC (0.18%) and Intact Investment Management Inc. (0.16%).
View institutional ownership trends.

What other stocks do shareholders of Obsidian Energy own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Obsidian Energy investors own include NVIDIA (NVDA), Broadcom (AVGO), Arista Networks (ANET), e.l.f. Beauty (ELF), Jabil (JBL), Adobe (ADBE) and Disc Medicine (IRON).

Company Calendar

• Last Earnings: 10/31/2024
• Today: 11/21/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Oils/Energy
• Industry: Crude petroleum & natural gas
• Sub-Industry: N/A
• Current Symbol: NYSE:OBE
• CUSIP: N/A
• CIK: 1334388
• Web: www.obsidianenergy.com
• Phone: 403-777-2500
• Fax: 403-777-2699
• Employees: N/A
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $15.25
• High Stock Price Target: $16.50
• Low Stock Price Target: $14.00
• Potential Upside/Downside: +162.5%
• Consensus Rating: Strong Buy
• Rating Score (0-4): 3.50
• Research Coverage: 2 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $1.07
• Trailing P/E Ratio: 5.43
• Forward P/E Ratio: 3.75
• P/E Growth: N/A
• Net Income: $80.01 million
• Net Margins: 14.97%
• Pretax Margin: 19.78%
• Return on Equity: 6.96%
• Return on Assets: 4.96%

Debt

• Debt-to-Equity Ratio: 0.18
• Current Ratio: 0.45
• Quick Ratio: 0.45

Sales & Book Value

• Annual Sales: $533.77 million
• Price / Sales: 0.81
• Cash Flow: $3.23 per share
• Price / Cash Flow: 1.80
• Book Value: $15.69 per share
• Price / Book: 0.37

Miscellaneous

• Outstanding Shares: 74,400,000
• Free Float: N/A
• Market Cap: $432.26 million
• Optionable: Optionable
• Beta: 1.49