Obsidian Energy Ltd. (OBE)
| Market Cap | 348.14M |
| Revenue (ttm) | 508.19M |
| Net Income (ttm) | -140.81M |
| Shares Out | 73.68M |
| EPS (ttm) | -1.86 |
| PE Ratio | n/a |
| Forward PE | 12.70 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 1,268,803 |
| Open | 5.06 |
| Previous Close | 5.04 |
| Day's Range | 4.71 - 5.06 |
| 52-Week Range | 4.01 - 9.07 |
| Beta | 1.35 |
| Analysts | Buy |
| Price Target | 12.00 (+138.1%) |
| Earnings Date | May 1, 2025 |
About OBE
Obsidian Energy Ltd. engages in the exploration, development, and production of oil and natural gas properties 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]
Analyst Forecast
According to 2 analysts, the average rating for OBE stock is "Buy." The 12-month stock price forecast is $12.0, which is an increase of 138.10% from the latest price.
News
Obsidian Energy Announces Closing of the Operated Pembina Asset Sale for ~ $320 Million
Provides Update on Syndicated Credit Facility Calgary, Alberta--(Newsfile Corp. - April 7, 2025) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy", the "Company", "we", "us" or...
Obsidian Energy Provides Update on Offer to Purchase $3.0 Million of our Outstanding Senior Unsecured Notes
Calgary, Alberta--(Newsfile Corp. - March 14, 2025) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") today provides an update on the previ...
Obsidian Energy Announces Launch of an Offer to Purchase up to $3.0 Million of our Outstanding Senior Unsecured Notes
Calgary, Alberta--(Newsfile Corp. - February 26, 2025) - 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 2024 Year End Disclosure Documents
Calgary, Alberta--(Newsfile Corp. - February 25, 2025) - 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 Announces First Half 2025 Capital Program and Guidance
Capital plan of 38 net operated wells weighted towards Peace River asset, following up on our 2024 development program Initiation of Clearwater waterflood program to support future Peace River growth ...
Obsidian Energy Announces Fourth Quarter and Full Year 2024 Results
Generated $432.0 million of funds flow from operations, representing a 14 percent increase over 2023 (22 percent on a per share basis) representing a 14 percent increase over 2023 (22 percent on a per...
Obsidian Energy Announces Sale of Operated Pembina Assets for $320 Million in Cash, Equity and Assets
Obsidian Energy to receive $220 million in cash, $85 million in equity and a 34.6 percent interest in the Willesden Green Cardium Unit #2 Field, subject to adjustment in certain circumstances Transact...
Obsidian Energy Announces Increase in 2024 Reserves Across All Categories
Reserve replacement of 146 percent, 229 percent and 296 percent of 2024 production on a proved developed producing ("PDP") reserves, proved ("1P") reserves, and proved plus probable("2P") reserves bas...
Obsidian Energy: Q4 2024 Production Exceeds Expectations At 40,000 BOEPD
Obsidian's Q4 2024 production ended up at approximately 40,000 BOEPD. The company looks capable of meeting its 50,000 BOEPD target for 2026 if it chooses to. The threat of tariffs could slow down near...
Obsidian Energy Announces 2024 Operations Update and Commencement of 2025 Drilling Program
Estimated 2024 average production of approximately 37,450 boe/d exceeded the top end of our guidance range Completion of 2024 capital program provided furthers delineation of Peace River acreage Succe...
Obsidian Energy: A Flexible Way To Add Heavy Oil Production
Obsidian Energy has achieved a roughly 20% production increase. The company benefits from historically acquired, low-cost acreage. The historically acquired acreage has increased in value because of t...
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...
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...
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...
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...
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...
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 ...
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...
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 ...
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...
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.
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...
Obsidian Energy: Strong Peace River Development Results, But Dispute Must Be Resolved
Obsidian's development program is going well, and it has recently averaged over 35,500 BOEPD in production despite 4,500 BOEPD in shut-in production. It also made a US$55 million Peace River acquisiti...
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...
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...