Obsidian Energy Ltd. (TSX: OBE)
Market Cap | 537.92M |
Revenue (ttm) | 697.30M |
Net Income (ttm) | 116.50M |
Shares Out | 74.40M |
EPS (ttm) | 1.42 |
PE Ratio | 5.09 |
Forward PE | 3.93 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 268,968 |
Open | 7.03 |
Previous Close | 7.09 |
Day's Range | 7.03 - 7.35 |
52-Week Range | 7.02 - 12.37 |
Beta | 2.30 |
Analysts | n/a |
Price Target | n/a |
Earnings Date | Feb 21, 2025 |
About Obsidian Energy
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. [Read more]
Financial Performance
In 2023, Obsidian Energy's revenue was 653.30 million, a decrease of -15.34% compared to the previous year's 771.70 million. Earnings were 108.00 million, a decrease of -86.67%.
Financial StatementsNews
Why Obsidian Energy Is Still A Risky Investment
Obsidian Energy has depletion, depreciation, and impairment expenses higher than its net income. See why OBE stock is a Sell.
Obsidian Energy: A Flexible Way To Add Heavy Oil Production
FrontFour Capital Group LLC Bolsters Stake in Obsidian Energy Ltd
FrontFour Capital Group LLC Bolsters Stake in Obsidian Energy Ltd
Obsidian Energy Announces Third Quarter 2024 Results
Higher third quarter funds flow from operations of $124.7 million ($1.64 per share) — a 34 percent increase over the third quarter of 2023 on a per share basis 2024 average production expected to be a...
Obsidian Energy Announces Date of Third Quarter 2024 Results
Calgary, Alberta--(Newsfile Corp. - October 24, 2024) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") expects to release our third quarte...
Obsidian Energy Announces Syndicated Credit Facility Increase to $300 Million
Calgary, Alberta--(Newsfile Corp. - October 7, 2024) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") today announced an increase to our s...
Obsidian Energy cuts FY capex outlook, flags volatility in broader oil and gas markets
Obsidian Energy Announces Increased 2024 Production Guidance and Revised Capital Program
• Revised 2024 guidance range upward to 37,000 to 37,400 boe/d with continued outperformance of development program • Recalibrated fourth quarter 2024 capital program to allow incremental share buybac...
Obsidian Energy Announces Strong Peace River Results and Upwardly Revised Guidance
• Increased August average production to ~40,000 boe/d (based on internal field estimates) • Grew Peace River total average production to ~11,500 boe/d, which included ~3,800 boe/d of Clearwater produ...
Obsidian Energy: Heavy Oil Production May Reach 12,000 Barrels Per Day By Late 2024
Obsidian reports Q2 2024 production and agreement with Woodland Cree First Nation, plans for heavy oil growth in 2025/2026 pending oil prices. Read more here.
Obsidian Energy Announces Filing of Resale Shelf Registration Statement for Administrative Purposes
Calgary, Alberta--(Newsfile Corp. - August 5, 2024) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") announced that it has filed a resale ...
Obsidian Energy Announces Second Quarter 2024 Results
Grew year-over-year average daily production by 15 percent to 35,773 boe/d Increased funds flow from operations by 41 percent on a per share basis to $115.2 million ($1.51 per share) Completed first h...
Obsidian Energy Announces Date of Second Quarter 2024 Results
Calgary, Alberta--(Newsfile Corp. - July 25, 2024) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") expects to release our second quarter ...
Obsidian Energy Announces Closing of Peace River Acquisition
Calgary, Alberta--(Newsfile Corp. - June 26, 2024) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") is pleased to announce it has closed i...
Following First Nation blockade, Woodland Cree and Obsidian Energy come to terms
A First Nations blockade and standoff that prevented an energy company from accessing an oil lease road in northern Alberta has been resolved.
Canadian First Nation agrees with Obsidian Energy's drilling expansion plans
Canada's Woodland Cree First Nation said on Tuesday it has ended its dispute with oil and gas producer Obsidian Energy to expand drilling operations on its traditional territory.
Obsidian Energy reaches deal with First Nations group, restarts Peace River operations
Obsidian Energy Announces Agreement with the Woodland Cree First Nation
Commences Restart of Production at our Harmon Valley South field Calgary, Alberta--(Newsfile Corp. - June 11, 2024) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) (“Obsidian Energy”, the “Comp...
Jim Cramer: Energy Transfer Has 'Done A Very Good Job,' Recommends Selling This Tech Stock
On CNBC's “Mad Money Lightning Round,” Jim Cramer recommended buying Energy Transfer LP (NYSE: ET). “You've got a winner there now. They have done a very good job,” he added . On May 28, Energy Trans...
Lightning Round: Hold on to Leonardo DRS, says Jim Cramer
'Mad Money' host Jim Cramer weighs in on stock including: Obsidian Energy, Energy Transfer, Super Micro Computers, SoundHound AI, ZIM, GE Vernova, Leonardo DRS, and AES.
Obsidian Energy: Strong Peace River Development Results, But Dispute Must Be Resolved
Obsidian Energy Announces Peace River Acquisition and Increased 2024 Average Production Guidance
• Peace River Peavine and Gift Lake acquisition provides additional production, reserves and development potential along the Clearwater trend from our successful Dawson field • 2024 Guidance revised...
Obsidian Energy Announces 2024 Development Program Results Above Expectations
Substantially completed active first half development program with 32 (31.4 net) operated wells rig released and 30 (29.4 net) operated development wells brought on production to date Robust results f...
Obsidian Energy says First Nations group disrupting Peace River operations
Obsidian Energy Discloses Details of Commercial Dispute with Woodland Cree First Nation
Calgary, Alberta--(Newsfile Corp. - May 15, 2024) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") today disclosed details regarding a com...