Obsidian Energy Ltd. (TSX: OBE)
Canada
· Delayed Price · Currency is CAD | Market Cap | 848.69M |
| Revenue (ttm) | 726.10M |
| Net Income (ttm) | 108.00M |
| Shares Out | 76.72M |
| EPS (ttm) | 1.30 |
| PE Ratio | 10.24 |
| Forward PE | 6.68 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 198,183 |
| Open | 10.82 |
| Previous Close | 10.91 |
| Day's Range | 10.79 - 11.08 |
| 52-Week Range | 7.05 - 12.37 |
| Beta | 2.51 |
| Analysts | n/a |
| Price Target | 14.13 (+28.92%) |
| Earnings Date | May 2, 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]
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 StatementsNews
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 ...
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...
Obsidian Energy: Limited Free Cash Flow Expected In 2024 As It Grows Production
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• ...
Obsidian Energy gets TSX approval to renew NCIB
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...
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...
Obsidian Energy Confirms Filing of Its 2023 Year End Disclosure Documents
Calgary, Alberta--(Newsfile Corp. - February 22, 2024) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") announces that it has filed with C...
Obsidian Energy GAAP EPS of C$0.42
Obsidian Energy Announces Fourth Quarter and Full Year 2023 Results
• Average 2023 production increased five percent over 2022 and 12 percent on a per share basis • Generated funds flow from operations of $377.6 million and free cash flow of $58.5 million • Repurch...
First Nation sends notice of opposition over drilling plans in northern Alberta
A First Nation in northern Alberta says it has told the Alberta Energy Regulator that oil and gas producer Obsidian Energy cannot proceed with plans to expanded drilling on its territory due to concer...
Canadian First Nation sends notice of opposition to Obsidian Energy drilling plans
A Canadian First Nation on Wednesday said it has told the Alberta Energy Regulator that oil and gas producer Obsidian Energy cannot proceed with plans to expanded drilling on its territory due to conc...
Obsidian Energy Sets Record Straight Regarding Woodland Cree First Nation Misleading Statements
Calgary, Alberta--(Newsfile Corp. - February 13, 2024) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") today expressed our deep disappoin...
Obsidian Energy urged by Canadian First Nation to address quake concerns
Obsidian Energy Announces Increase in 2023 Reserves Across All Categories
• Reserve replacement of 124 percent, 157 percent and 217 percent of 2023 production on a proved developed producing ("PDP"), total proved ("1P"), and total proved plus probable ("2P") basis, respect...
Obsidian Energy forecasts 12% higher production in 2024
Obsidian Energy Announces 2024 Guidance and Webcast
Calgary, Alberta--(Newsfile Corp. - January 22, 2024) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") announces that we expect to release...
Obsidian Energy Announces 2023 Operations Update with Robust Clearwater Results and Continued Growth Plan Execution
Peace River Clearwater results yield robust early production rates, continuing to delineate the Dawson area Peace River Bluesky Walrus field results in a successful extension and deeper zone test, add...
Obsidian Energy: A Risky Investment With Uncertain Oil Prices
Concerns over Obsidian Energy's vulnerability to low oil prices and reduced operations make it a sell, despite recent financial improvements. Click here to read.
Obsidian Energy Will Boost Output By 50% But I'd Prefer Lower Debt
Obsidian Energy plans to increase its output by 50% by the end of 2026, with a focus on heavy oil production. Click here to read my analysis of OBE stock.
Obsidian Energy GAAP EPS of $0.30
Obsidian Energy reports Q3 GAAP EPS of $0.30 in their latest press release.
Obsidian Energy Announces Third Quarter 2023 Results
Increased average production by 10 percent over the third quarter of 2022 due to the strong performance of our development program Generated funds flow from operations of $98.9 million during the quar...
Obsidian Energy Announces Release Date of Third Quarter 2023 Results
Calgary, Alberta--(Newsfile Corp. - November 2, 2023) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") announces that we expect to release...
Obsidian Energy Announces Participation in the Schachter 2023 'Catch the Energy' Conference
Calgary, Alberta--(Newsfile Corp. - October 11, 2023) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") announces that we will be participa...
Obsidian Energy Aims To Quadruple Its Heavy Oil Production By 2026
Obsidian Energy plans to grow its production to 50,000 BOEPD in 2026, fueled by Peace River heavy oil development. Find out why OBE stock is a Buy.