Obsidian Energy Ltd. (TSX: OBE)

Canada flag Canada · Delayed Price · Currency is CAD
10.61
+0.37 (3.61%)
Jul 2, 2024, 3:59 PM EDT
42.99%
Market Cap 812.59M
Revenue (ttm) 717.80M
Net Income (ttm) 89.40M
Shares Out 76.25M
EPS (ttm) 1.09
PE Ratio 9.57
Forward PE 6.68
Dividend n/a
Ex-Dividend Date n/a
Volume 281,295
Open 10.34
Previous Close 10.24
Day's Range n/a
52-Week Range 7.56 - 12.37
Beta 2.39
Analysts n/a
Price Target 14.63 (+37.89%)
Earnings Date Jul 31, 2024

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]

Industry Oil & Gas E&P
Sector Energy
Founded 1979
Employees 198
Stock Exchange Toronto Stock Exchange
Ticker Symbol OBE
Full Company Profile

Financial Performance

In 2023, OBE's revenue was 653.30 million, a decrease of -28.99% compared to the previous year's 920.00 million. Earnings were 108.00 million, a decrease of -86.67%.

Financial Statements

News

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 days 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.

20 days 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.

21 days 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...

21 days 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...

27 days 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.

4 weeks 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...

5 weeks 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...

5 weeks 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...

6 weeks ago - Newsfile Corp

Canadian First Nation rejects Obsidian Energy drilling expansion plans

Canada's Woodland Cree First Nation has rejected oil and gas producer Obsidian Energy's proposal to expand drilling operations on its traditional territory, the Indigenous community said in a statemen...

2 months ago - Reuters

Q1 2024 Obsidian Energy Ltd Earnings Call Transcript

Q1 2024 Obsidian Energy Ltd Earnings Call Transcript

2 months ago - GuruFocus

Obsidian Energy Announces Voting Results from the 2024 Annual and Special Meeting of Shareholders

Corporate presentation and management webcast available for replay on website Calgary, Alberta--(Newsfile Corp. - May 2, 2024) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy"...

2 months ago - Newsfile Corp

Obsidian Energy GAAP EPS of C$0.15

Obsidian Energy reports Q1 2024 results: GAAP EPS of C$0.15 and FFO of C$84.4 million (C$1.09 per share basic).

2 months ago - Seeking Alpha

Obsidian Energy Announces First Quarter 2024 Results

• Increased average production to 34,238 boe/d, up 11 percent per share over the first quarter of 2023; an additional 17 (17.0 net) operated wells came on production in April • Generated funds flow fr...

2 months ago - Newsfile Corp

Obsidian Energy Announces Date of First Quarter 2024 Results and AGM Webcast

Calgary, Alberta--(Newsfile Corp. - April 25, 2024) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") expects to release our first quarter ...

2 months ago - Newsfile Corp

Obsidian Energy Completes Offer to Purchase $2.0 Million of our Outstanding Senior Unsecured Notes

Calgary, Alberta--(Newsfile Corp. - March 14, 2024) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") today announced completion of our pre...

3 months ago - Newsfile Corp

Obsidian Energy Announces Operational Update with Strong Start to 2024 Capital Program

• Latest Pembina four-well pad produced at peak rate of over 2,000 boe/d at top end of expectations • Continued robust Viking performance with 2023 eight-well pad producing at rates over 1,300 boe/d• ...

4 months ago - Newsfile Corp

Obsidian Energy Announces TSX Approval for Renewal of Normal Course Issuer Bid

Calgary, Alberta--(Newsfile Corp. - February 27, 2024) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") is pleased to announce that the To...

4 months ago - Newsfile Corp

Obsidian Energy Announces Launch of an Offer to Purchase up to $2.0 Million of our Outstanding Senior Unsecured Notes

Calgary, Alberta--(Newsfile Corp. - February 26, 2024) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") today announced that we have comme...

4 months ago - Newsfile Corp