Obsidian Energy Ltd. (TSX:OBE)

Canada flag Canada · Delayed Price · Currency is CAD
13.49
+1.02 (8.18%)
Jul 17, 2026, 4:00 PM EST
Market Cap832.71M +59.8%
Revenue (ttm)491.90M -34.9%
Net Income1.10M
EPS0.02
Shares Out 66.78M
PE Ratio757.01
Forward PE12.63
Dividendn/a
Ex-Dividend Daten/a
Volume536,519
Open12.70
Previous Close12.47
Day's Range12.48 - 13.67
52-Week Range7.33 - 19.83
Beta0.32
AnalystsBuy
Price Target17.25 (+27.87%)
Earnings DateJul 30, 2026

About Obsidian Energy

Obsidian Energy Ltd. engages in the exploration, development, and production of oil and natural gas in Western Canada. Its portfolio of properties includes unitized and non-unitized light oil, heavy oil, and natural gas production. 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 148
Stock Exchange Toronto Stock Exchange
Ticker Symbol OBE
Full Company Profile

Financial Performance

Financial Statements

Analyst Summary

According to 4 analysts, the average rating for OBE stock is "Buy." The 12-month stock price target is $17.25, which is an increase of 27.87% from the latest price.

Price Target
$17.25
(27.87% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Canada’s Forgotten Shale Gas Play Reemerges as Oil Hot Spot

On the edge of the Canadian Rocky Mountains, companies including Obsidian Energy Ltd. and Yangarra Resources Corp. are breathing new life into a long-dormant gas reservoir — except now they’re drillin...

1 day ago - Financial Post

Obsidian Energy Announces $75 million Add-On to our Existing Senior Unsecured Notes

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES Calgary, Alberta--(Newsfile Corp. - July 15, 2026) -  OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: ...

2 days ago - Newsfile Corp

Obsidian Energy Closes Belly River Acquisition and Increases 2026 Production Guidance

Calgary, Alberta--(Newsfile Corp. - July 2, 2026) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") has closed our previously announced acq...

15 days ago - Newsfile Corp

Obsidian Energy Slides: Corporate presentation

Obsidian Energy has posted slides in relation to its latest quarterly earnings report, which was published on July 1, 2026.

16 days ago - Filings

Obsidian Energy Increases Syndicated Credit Facility

Calgary, Alberta--(Newsfile Corp. - June 23, 2026) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") announced today that the aggregate amo...

24 days ago - Newsfile Corp

Obsidian Energy (OBE) Shares Enter Oversold Territory

In trading on Wednesday, shares of Obsidian Energy Ltd (Symbol: OBE) entered into oversold territory, changing hands as low as $9.53 per share. We define oversold territory using the Relative Strength...

4 weeks ago - Nasdaq

Obsidian Energy Announces Strategic Belly River Acquisition

Calgary, Alberta--(Newsfile Corp. - June 2, 2026) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") announced today the acquisition of high...

6 weeks ago - Newsfile Corp

Obsidian Energy price target raised to C$19 from C$18 at BMO Capital

BMO Capital analyst Jeremy McCrea raised the firm’s price target on Obsidian Energy (OBE) to C$19 from C$18 and keeps an Outperform rating on the shares.

6 weeks ago - TheFly

Obsidian Energy Increases 2026 Capital Program, Targeting 15% Production Growth in 2027

Calgary, Alberta--(Newsfile Corp. - June 1, 2026) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") provides an update to our 2026 capital ...

6 weeks ago - Newsfile Corp

Obsidian Energy Slides: Corporate presentation

Obsidian Energy has posted slides in relation to its latest quarterly earnings report, which was published on June 1, 2026.

6 weeks ago - Filings

Obsidian Energy price target raised to C$18 from C$14 at RBC Capital

RBC Capital analyst Greg Pardy raised the firm’s price target on Obsidian Energy (OBE) to C$18 from C$14 and keeps a Sector Perform rating on the shares. Published first on…

2 months ago - TheFly

Obsidian Energy price target raised to C$18 from C$14.50 at BMO Capital

BMO Capital raised the firm’s price target on Obsidian Energy (OBE) to C$18 from C$14.50 and keeps an Outperform rating on the shares.

2 months ago - TheFly

Obsidian Energy Announces Voting Results from the 2026 Annual and Special Meeting of Shareholders

Calgary, Alberta--(Newsfile Corp. - May 7, 2026) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") is pleased to announce that at our annua...

2 months ago - Newsfile Corp

Obsidian Energy Announces First Quarter 2026 Results

Average production of 28,733 boe/d in the first quarter, generated $61.0 million of funds flow from operations Active development program in Peace River and Willesden Green while advancing strategic h...

2 months ago - Newsfile Corp

Obsidian Energy Earnings release: Q1 2026

Obsidian Energy released its Q1 2026 earnings on May 7, 2026, summarizing the period's financial results.

2 months ago - Filings

Obsidian Energy Registration statement: Q1 2026

Obsidian Energy filed a registration statement on May 7, 2026, providing details about a securities offering with the SEC.

2 months ago - Filings

Obsidian Energy Registration statement: Q1 2026

Obsidian Energy filed a registration statement on May 7, 2026, providing details about a securities offering with the SEC.

2 months ago - Filings

Obsidian Energy Slides: Q1 2026

Obsidian Energy has posted slides in relation to its Q1 2026 quarterly earnings report, which was published on May 7, 2026.

2 months ago - Filings

Obsidian Energy Ltd (OBE) Shares Fall 3.4% -- What GF Score of 46 Tells Investors

Obsidian Energy Ltd (OBE) Shares Fall 3.4% -- What GF Score of 46 Tells Investors

2 months ago - GuruFocus

Obsidian Energy Ltd (OBE) Shares Surge 5.9% -- What GF Score of 46 Tells Investors

Obsidian Energy Ltd (OBE) Shares Surge 5.9% -- What GF Score of 46 Tells Investors

3 months ago - GuruFocus

A Look at Obsidian Energy Ltd (OBE) After 4.5% Gain -- GF Value $5.01 vs Price $10.56

A Look at Obsidian Energy Ltd (OBE) After 4.5% Gain -- GF Value $5.01 vs Price $10.56

3 months ago - GuruFocus

Obsidian Energy Ltd (OBE) Shares Surge 6.4% -- What GF Score of 46 Tells Investors

Obsidian Energy Ltd (OBE) Shares Surge 6.4% -- What GF Score of 46 Tells Investors

3 months ago - GuruFocus

Obsidian Energy Continues to Mitigate Operational Risk with ISN

DALLAS, April 14, 2026 (GLOBE NEWSWIRE) -- ISN , the global leader in contractor and supplier information management services, announced Obsidian Energy Ltd (Obsidian Energy), a Canadian oil and gas p...

3 months ago - GlobeNewsWire

Obsidian Energy Announces Operational Update

Robust Belly River and Cardium results in Willesden Green, with three additional wells expected on production in mid-April Continued progress on Clearwater waterflood initiatives with the Dawson pilot...

3 months ago - Newsfile Corp

Obsidian Energy Slides: Corporate presentation

Obsidian Energy has posted slides in relation to its latest quarterly earnings report, which was published on April 13, 2026.

3 months ago - Filings