Obsidian Energy Ltd. (OBE)

NYSEAMERICAN: OBE · IEX Real-Time Price · USD
6.49
-0.13 (-1.96%)
At close: Feb 1, 2023, 4:00 PM
6.48
-0.01 (-0.15%)
Pre-market: Feb 2, 2023, 9:11 AM EST
-1.96%
Market Cap 535.04M
Revenue (ttm) 551.52M
Net Income (ttm) 151.59M
Shares Out 82.44M
EPS (ttm) 1.75
PE Ratio 3.71
Forward PE 3.61
Dividend n/a
Ex-Dividend Date n/a
Volume 1,005,369
Open 6.58
Previous Close 6.62
Day's Range 6.31 - 6.67
52-Week Range 5.73 - 12.52
Beta 2.92
Analysts Buy
Price Target 10.89 (+67.8%)
Earnings Date Feb 23, 2023

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. [Read more]

Industry Oil & Gas E&P
Sector Energy
Founded 1979
Employees 173
Stock Exchange NYSEAMERICAN
Ticker Symbol OBE
Full Company Profile

Financial Performance

Financial numbers in CAD Financial Statements

Analyst Forecast

According to 8 analysts, the average rating for OBE stock is "Buy." The 12-month stock price forecast is $10.89, which is an increase of 67.80% from the latest price.

Price Target
$10.89
(67.80% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Obsidian Energy Announces 2023 Guidance and Significant 2022 Reserves Value Increase with Year-End Reserves Report

• 2023 capital expenditures includes development and exploration/appraisal programs with optionality for second half expansion • 46 well development program across all core areas in 2023 expected to g...

2 days ago - Newsfile Corp

Obsidian Energy Announces Guidance and Reserves Release Date

Calgary, Alberta--(Newsfile Corp. - January 18, 2023) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") announces that we expect to release...

2 weeks ago - Newsfile Corp

Obsidian Energy Announces Extension to Interim President and Chief Executive Officer

Calgary, Alberta--(Newsfile Corp. - January 3, 2023) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") is pleased to announce that is has e...

1 month ago - Newsfile Corp

Obsidian Energy Announces 2022 Operations Update, 2023 Guidance Update, and Inaugural ESG Report

• 2022 second half development program continues to perform with strong results in Willesden Green and Peace River• Recently drilled Seal Clearwater oil well on production • 2023 guidance and return o...

1 month ago - Newsfile Corp

Obsidian Energy Announces Third Quarter 2022 Results and Updated 2022 Guidance

Third quarter average production increased 24 percent to 29,985 boe/d from 2021 with current production over 33,000 boe/dContinued net debt reduction to $323.1 million from $428.1 million at September...

3 months ago - Newsfile Corp

Obsidian Energy Announces Release Date of Third Quarter 2022 Results

Calgary, Alberta--(Newsfile Corp. - November 2, 2022) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") announces that we expect to release...

3 months ago - Newsfile Corp

Obsidian Energy Announces Participation in the Schachter Catch the Energy Conference

Calgary, Alberta--(Newsfile Corp. - October 19, 2022) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") announces that we will be participa...

3 months ago - Newsfile Corp

Obsidian Energy Announces $30.0 Million Term Loan Repayment, Operations Update and Facility Acquisition

• Seal 9-15 gas plant acquired in Peace River area• Second half capital program well underway in Cardium and Peace RiverCalgary, Alberta--(Newsfile Corp. - September 13, 2022) - OBSIDIAN ENERGY LTD. (...

5 months ago - Newsfile Corp

Obsidian Energy Announces Increased Production and Financial Results in Second Quarter 2022

Strong second quarter average production of 31,575 boe/d, an increase of 28 percent over 2021Rig-released 11 wells (11 net) and brought 16 wells (15.7 net) on production in the quarterSecond quarter f...

6 months ago - Newsfile Corp

Obsidian Energy Announces Closing of our $127.6 Million Senior Unsecured Notes Offering and New Debt Facilities as well as Repayment of our Existing Debt Facilities

Calgary, Alberta--(Newsfile Corp. - July 27, 2022) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") announces that it has successfully clo...

6 months ago - Newsfile Corp

Obsidian Energy Announces Pricing and Issue of $127.6 Million Senior Unsecured Notes

Calgary, Alberta--(Newsfile Corp. - July 25, 2022) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") announces that it has entered into an ...

6 months ago - Newsfile Corp

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7 months ago - InvestorPlace

Obsidian Energy Announces Proposed Issuance of up to $125.0 Million Senior Unsecured Notes and New Syndicated Credit Facilities

Proposed issuance of up to $125.0 million five-year senior unsecured notesProposed new syndicated credit facilities provide up to $225.0 million of available capacityCalgary, Alberta--(Newsfile Corp. ...

7 months ago - Newsfile Corp

Obsidian Energy Announces Preliminary Second Quarter 2022 Results and Extension to Our Syndicated Credit Facility

Highest average quarterly production level since 2017 at 31,575 boe/d in the second quarter First half development program completed with strong resultsCalgary, Alberta--(Newsfile Corp. - July 14, 202...

7 months ago - Newsfile Corp

Obsidian Energy Announces Voting Results from the 2022 Annual and Special Meeting of Shareholders

New corporate presentation and management webcast available for replay on websiteCalgary, Alberta--(Newsfile Corp. - June 16, 2022) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian En...

8 months ago - Newsfile Corp

Obsidian Energy Announces Expanded 2022 Development Program, Increased 2022 Guidance, and Preliminary 2023 Forecast

2022 guidance increased to an average production range of 31,500 to 32,500 boe/d based on expanded capital development program Second half 2022 four-rig drilling program includes 38 operated wells (35...

8 months ago - Newsfile Corp

Obsidian Energy Announces Extension to our Syndicated Credit Facility and Development Drilling Program in our Viking Play

Syndicated credit facility revolving period extended to July 15, 2022, to accommodate timing of debt refinancingReturn to development drilling in Viking areaCalgary, Alberta--(Newsfile Corp. - May 31,...

8 months ago - Newsfile Corp

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 we...

9 months ago - Newsfile Corp

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9 months ago - InvestorPlace

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 o...

10 months ago - Newsfile Corp

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 ran...

10 months ago - Newsfile Corp

7 Smart Stocks to Buy Now Under $10

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11 months ago - GuruFocus

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 C...

1 year ago - Newsfile Corp

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...

1 year ago - Newsfile Corp