Obsidian Energy Ltd. (TSX: OBE)

Canada flag Canada · Delayed Price · Currency is CAD
7.23
+0.14 (1.97%)
Dec 20, 2024, 4:00 PM EST
-24.05%
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]

Sector Energy
Founded 1979
Employees 198
Stock Exchange Toronto Stock Exchange
Ticker Symbol OBE
Full Company Profile

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 Statements

News

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.

2 days ago - Seeking Alpha

FrontFour Capital Group LLC Bolsters Stake in Obsidian Energy Ltd

FrontFour Capital Group LLC Bolsters Stake in Obsidian Energy Ltd

6 weeks ago - GuruFocus

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...

7 weeks ago - Newsfile Corp

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...

2 months ago - Newsfile Corp

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...

2 months ago - Newsfile Corp

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...

2 months ago - Newsfile Corp

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...

3 months ago - Newsfile Corp

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.

3 months ago - Seeking Alpha

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 ...

4 months ago - Newsfile Corp

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...

5 months ago - Newsfile Corp

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 ...

5 months ago - Newsfile Corp

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...

6 months ago - Newsfile Corp

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.

6 months ago - CBC News

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.

6 months ago - Reuters

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...

6 months ago - Newsfile Corp

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...

7 months ago - Benzinga

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.

7 months ago - CNBC

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...

7 months ago - Newsfile Corp

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...

7 months ago - Newsfile Corp

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...

7 months ago - Newsfile Corp