Obsidian Energy Ltd. (OBE)
| Market Cap | 646.77M |
| Revenue (ttm) | n/a |
| Net Income (ttm) | n/a |
| Shares Out | 82.08M |
| EPS (ttm) | 4.14 |
| PE Ratio | 1.90 |
| Forward PE | 3.18 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 712,863 |
| Open | 8.22 |
| Previous Close | 8.16 |
| Day's Range | 7.78 - 8.29 |
| 52-Week Range | 1.52 - 9.84 |
| Beta | 3.26 |
| Analysts | Buy |
| Price Target | 10.57 (+34.1%) |
| Earnings Date | May 4, 2022 |
About OBE
Obsidian Energy Ltd. primarily focuses on the exploration, production, and development of oil and natural gas properties in the Western Canada Sedimentary Basin. 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.
Analyst Forecast
According to 8 analysts, the average rating for OBE stock is "Buy." The 12-month stock price forecast is 10.57, which is an increase of 34.14% from the latest price.
News
Obsidian Energy Announces First Quarter 2022 Results
Strong first quarter average production of 29,407 boe/d; current production further grew to 33,000 boe/d based on recent drilling successActive first half four-rig drilling program with 19 operated well...
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Obsidian Energy Announces Release Date of First Quarter 2022 Results
Calgary, Alberta--(Newsfile Corp. - April 25, 2022) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") announces that we expect to release our...
Obsidian Energy Provides Operational Update and Land Acquisition
All 2021 development drilling program wells on production8 wells from 2022 first half development program on production with an additional 7 expected in the second quarter 2022 production guidance range...
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Obsidian Energy Confirms Filing of Its 2021 Year End Disclosure Documents
Calgary, Alberta--(Newsfile Corp. - February 24, 2022) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE AMERICAN: OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") announces that it has filed with Can...
Obsidian Energy Announces Fourth Quarter and Full Year 2021 Results
Funds flow from operations increased by $100 million to $218 million in 2021Net debt reduced by 12 percent to $413.5 million in 2021Recent four well Peace River program achieved peak oil production of o...
Obsidian Energy Announces 2021 Reserves Value Increase of over 50 Percent with Year-End Reserves Report
Reserve values increased by more than 50 percent across all categories with total proved plus probable of approximately $1.8 billion (net asset value, before-tax, discounted at 10 percent)Reserve replac...
Obsidian Energy Announces Listing and Trading on the NYSE American
Calgary, Alberta--(Newsfile Corp. - January 26, 2022) - OBSIDIAN ENERGY LTD. (TSX: OBE) (OTCQX: OBELF) ("Obsidian Energy", the "Company", "we", "us" or "our") is pleased to announce that the NYSE Americ...
Obsidian Energy Announces 2022 Drilling Program and Guidance as well as Update on Development Program
Initial 2022 capital program of $143 to $149 million with opportunity for second half expansion19 well Cardium drilling program builds on 2021 success 10 wells planned in Peace River, including four Cle...
Obsidian Energy Announces Reconfirmation of our Syndicated Credit Facility
Calgary, Alberta--(Newsfile Corp. - January 18, 2022) - OBSIDIAN ENERGY LTD. (TSX: OBE) (OTCQX: OBELF) ("Obsidian Energy", the "Company", "we", "us" or "our") is pleased to announce the reconfirmation o...
Obsidian Energy Announces Application for Listing on the NYSE American and 2022 Guidance Release Webcast
Calgary, Alberta--(Newsfile Corp. - January 13, 2022) - OBSIDIAN ENERGY LTD. (TSX: OBE) (OTCQX: OBELF) ("Obsidian Energy", the "Company", "we", "us" or "our") is pleased to announce that the Company has...
Obsidian Energy Announces Updates to Our Syndicated Credit Facility and Senior Notes
Calgary, Alberta--(Newsfile Corp. - January 11, 2022) - OBSIDIAN ENERGY LTD. (TSX: OBE) (OTCQX: OBELF) ("Obsidian Energy", the "Company", "we", "us" or "our") announced that we have completed the one-ti...
Obsidian Energy Provides Operational Update
2021 development drilling program successfully completed on scheduleCalgary, Alberta--(Newsfile Corp. - January 6, 2022) - OBSIDIAN ENERGY LTD. (TSX: OBE) (OTCQX: OBELF) ("Obsidian Energy", the "Company...
Obsidian Energy Announces Updates to Our Syndicated Credit Facility
Calgary, Alberta--(Newsfile Corp. - November 30, 2021) - OBSIDIAN ENERGY LTD. (TSX: OBE) (OTCQX: OBELF) ("Obsidian Energy", the "Company", "we", "us" or "our") announced that our semi-annual borrowing b...
Obsidian Energy Announces Closing of the Peace River Oil Partnership Acquisition
Calgary, Alberta--(Newsfile Corp. - November 24, 2021) - OBSIDIAN ENERGY LTD. (TSX: OBE) (OTCQX: OBELF) ("Obsidian Energy", the "Company", "we", "us" or "our") is pleased to announce it has closed its p...
Obsidian Energy Announces Completion of Oversubscribed $25.9 Million Prospectus Financing
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Obsidian Energy Announces Third Quarter Results with Continued Increasing Funds Flow from Operations
Successful drilling results to date in the second half 2021 drilling program Continued debt pay down and higher funds flow from operationsAcquisition of remaining Peace River Oil Partnership ownership s...
Obsidian Energy Announces Pricing and Filing of Amended and Restated Preliminary Prospectus
Calgary, Alberta--(Newsfile Corp. - November 4, 2021) - OBSIDIAN ENERGY LTD. (TSX: OBE) (OTCQX: OBELF) ("Obsidian Energy", the "Company", "we", "us" or "our") is pleased to announce that it has filed an...
Obsidian Energy Announces Up to $22.5 Million Equity Issue
Proceeds to pay for acquisition of 45 percent partnership interest in Peace River Oil PartnershipCalgary, Alberta--(Newsfile Corp. - November 2, 2021) - OBSIDIAN ENERGY LTD. (TSX: OBE) (OTCQX: OBELF) ("...
Obsidian Energy Announces Acquisition of 45 Percent Partnership Interest in Peace River Oil Partnership, Up to $22.5 ...
Acquisition to provide additional production and reserves, full operational and funding control Increased third quarter funds flow from operations from higher commodity prices and dedicated focus on man...
Obsidian Energy Announces Acquisition of 45 Percent Partnership Interest in Peace River Oil Partnership Preliminary T...
Acquisition to provide additional production and reserves, full operational and funding control Increased third quarter funds flow from operations from higher commodity prices and dedicated focus on man...
Obsidian Energy Provides Operational Update with Increased Production Guidance, and Additional Wells to Be Drilled in...
Production guidance increased to 24,300 - 24,500 boe/dAccelerated three wells from our 2022 program into 2021, remaining within our capital guidanceStephen Loukas employment contract extended to Decembe...
Obsidian Energy Announces Increased 2021 Production and Capital Expenditure Guidance with Second Quarter 2021 Results
Successful completion of first half and an early start to the second half 2021 drilling program Continued debt paydown and higher funds flow from operationsCalgary, Alberta--(Newsfile Corp. - July 29, 2...