Obsidian Energy Ltd. (TSX:OBE)

Canada flag Canada · Delayed Price · Currency is CAD
15.44
-1.44 (-8.53%)
Jun 5, 2026, 4:00 PM EST
Market Cap1.03B +119.9%
Revenue (ttm)491.90M -34.9%
Net Income1.10M
EPS0.02
Shares Out 66.78M
PE Ratio937.30
Forward PE9.23
Dividendn/a
Ex-Dividend Daten/a
Volume84,685
Open16.65
Previous Close16.88
Day's Range15.44 - 16.65
52-Week Range6.88 - 19.83
Beta0.44
AnalystsHold
Price Target18.00 (+13.34%)
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 3 analysts, the average rating for OBE stock is "Hold." The 12-month stock price target is $18.00, which is an increase of 13.34% from the latest price.

Price Target
$18.00
(13.34% upside)
Analyst Consensus: Hold
Stock Forecasts

News

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...

4 days 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.

5 days 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 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 June 1, 2026.

6 days 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…

27 days 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.

4 weeks 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...

4 weeks 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...

4 weeks 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.

4 weeks 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.

4 weeks 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.

4 weeks 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.

4 weeks 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

5 weeks 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

6 weeks 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

6 weeks 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

7 weeks 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...

7 weeks 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...

7 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 April 13, 2026.

7 weeks ago - Filings

5 Soaring Energy Stocks That Are Still Undervalued

The energy industry is the only major stock sector trading in the green so far in 2026, mainly thanks to the sudden surge in crude oil prices following the start of the war in Iran.

2 months ago - Benzinga

Obsidian Energy upgraded to Outperform from Market Perform at Raymond James

Raymond James upgraded Obsidian Energy (OBE) to Outperform from Market Perform with a price target of C$15, up from C$10. The current environment for Canadian oil E&Ps appears “just right,”

2 months ago - TheFly

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

Calgary, Alberta--(Newsfile Corp. - February 26, 2026) -  OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") is pleased to announce that the T...

3 months ago - Newsfile Corp

Parex Resources Announces Nomination of Six Directors to GeoPark's Board

CALGARY, Alberta, Feb. 20, 2026 (GLOBE NEWSWIRE) -- Parex Resources Inc. ("Parex" or the "Company") (TSX: PXT), which has an approximate 11.8% ownership position in GeoPark Limited ("GeoPark") (NYSE:...

3 months ago - Benzinga

Obsidian Energy price target raised to C$10 from C$9 at RBC Capital

RBC Capital analyst Rob Mann raised the firm’s price target on Obsidian Energy (OBE) to C$10 from C$9 and keeps a Sector Perform rating on the shares. Published first on

3 months ago - TheFly

RBC Capital Raises Price Target on Obsidian Energy (OBE) to $10.00 | OBE Stock News

RBC Capital Raises Price Target on Obsidian Energy (OBE) to $10.00 | OBE Stock News

3 months ago - GuruFocus