Obsidian Energy Ltd. (OBE)
| 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]
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.
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...
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...
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...
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...
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...
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...
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...
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. (...
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...
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...
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 ...
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. ...
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...
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...
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...
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,...
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...
4 Cheap Stocks That Wall Street Analysts Love
These 4 cheap stocks have strong upside potential now and could even help hedge your portfolio against inflation. The post 4 Cheap Stocks That Wall Street Analysts Love appeared first on 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...
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...
5 'Magic Formula' Energy Stocks to Consider as Oil Prices Rise
Joel Greenblatt (Trades, Portfolio) introduced the investing world to the “Magic Formula” when he published his bestselling book, “The Little Book That Beats the Market,” in 2005. The idea behind the ...
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...
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...