Obsidian Energy OBE

10.69 (0.56) (4.98%) as of 25 Sep
Market cap
$750.7M
P/E
34.5×

Insider Decisions

in millions of $
Nov 25 Feb 26 May 26 Aug 26
Buy — — — — — — — — — — — —
Sell — — — — — — — — — — — —
Insider Ownership 11.75%

Capital & Financial Ratios

Market Cap 750.71
Revenue 443.65
Net Income 19.83
Free Cash Flow (134.24)
Net Debt 256.20
Current Ratio 0.78
Debt/Equity 0.25
P/E ratio 34.48
P/S ratio 1.61
P/B ratio 0.71
Past 5Y EPS Growth 24.91%
This Y EPS Growth 162.83%
Next Y EPS Growth 25.75%
Next 5Y EPS Growth 24.56%
in millions of $

Dividends

Payout Ratio 0.00
Annual Dividend Rate —
Annual Dividend Yield —
total individual payouts
2024 Powerpack
2023 Powerpack
2022 Powerpack
2021 Powerpack
predictions in italic, special payouts not included in total or ratios

Assets vs Liabilities

2023 2024 2025 Q'26
Cash 0 — — 0
Receivables 52 64 40 56
Inventory — — — —
Other 18 295 24 39
70 359 64 95
2023 2024 2025 Q'26
Payables 143 128 111 109
ST’ Debt 1 2 — —
Other 24 69 6 10
170 201 120 122
in millions of $

Compound Annual Growth

10y 5y 3y
Sales (7.44%) 15.86% (10.24%)
Cash Flow 2.27% 23.69% (21.25%)
Earnings 0.00% 0.00% (65.68%)
Book Value (8.03%) 32.79% (6.41%)

Revenue

Mar Jun Sep Dec Year
’26 108 143 — — —
’25 147 90 83 109 429
’24 131 152 160 153 597
’23 134 123 149 127 534
’22 161 217 161 55 594
’21 72 82 92 112 358
’20 63 38 58 48 206
in millions of $ · fiscal quarters ending in the months shown

Operating Cash Flow

Mar Jun Sep Dec Year
’26 29 27 — — —
’25 67 42 33 28 172
’24 44 56 81 83 264
’23 54 50 71 86 261
’22 66 97 89 98 351
’21 22 35 51 51 159
’20 25 1 27 7 59
in millions of $ · fiscal quarters ending in the months shown

Free Cash Flow

Mar Jun Sep Dec Year
’26 (29) (71) — — —
’25 (22) 162 (14) (20) 107
’24 (41) (48) 18 24 (47)
’23 (26) 20 36 13 44
’22 (15) 66 32 23 106
’21 (1) 17 16 15 46
’20 (6) 2 22 (1) 17
in millions of $ · fiscal quarters ending in the months shown

EPS

Mar Jun Sep Dec Year
’26 (0.20) 0.44 — — —
’25 0.14 0.15 0.17 (0.13) 0.35
’24 0.11 0.34 0.31 (2.64) (1.95)
’23 0.27 0.16 0.22 0.31 0.95
’22 0.22 1.05 0.37 5.50 7.38
’21 0.24 3.44 0.48 0.21 4.26
’20 (7.62) (0.22) (0.04) 0.01 (7.86)
fiscal quarters ending in the months shown

Target Price Range

Analyst price targets

Recommendation Rating

2.3
1Buy 2 3Hold 4 5Sell
2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
3.36 5.74 2.31 0.43 0.13 0.65 4.00 5.33 4.87 3.88

Analyst estimates 2026–2028

Powerpack
Low Price
13.79 14.35 9.45 3.85 0.95 4.36 12.52 8.82 9.07 7.07
High Price
407 281 236 184 171 173 191 198 203 148
Employees
1 1 1 2 1 2 3 3 3 3
Revenue/Emp
459 337 343 315 206 358 594 534 597 429
Revenue
48.03% 53.09% 56.31% 60.29% 51.67% 64.18% 71.15% 66.15% 66.59% 59.94%
Gross Margin
(716) (75) (235) (594) (576) 330 434 106 (193) 34
EBT
(155.92%) (22.20%) (68.69%) (188.52%) (280.21%) 92.23% 73.05% 19.93% (32.43%) 7.84%
EBT Margin
(526) (65) (235) (594) (576) 330 623 80 (148) 25
Net Income
495 249 317 688 674 (152) (86) 156 483 145
Depreciation
6.40 4.68 4.73 4.32 2.80 4.77 7.24 6.60 7.85 6.19
Revenue/Sh
(7.35) (0.91) (3.22) (8.15) (7.86) 4.40 7.60 0.99 (1.95) 0.36
Earnings/Sh
(1.44) 1.34 1.06 0.79 0.81 2.11 4.29 3.23 3.48 2.47
Cash Flow/Sh
14.02 (0.33) (1.65) (0.95) (0.58) (1.50) (3.00) (2.68) (4.10) (0.94)
Capex/Sh
12.58 1.01 (0.60) (0.15) 0.23 0.61 1.29 0.55 (0.62) 1.54
Free CF/Sh
23.64 23.20 19.92 11.27 3.29 8.11 14.82 15.05 13.50 14.35
Book Value/Sh
72 72 72 73 73 75 82 81 76 69
Shares
0.00 0.00 0.00 0.00 0.00 0.94 0.80 6.78 0.00 17.03
PE Ratio
1.97 1.96 0.59 0.17 0.24 0.86 0.82 1.02 0.74 0.99
PS Ratio
0.53 0.40 0.14 0.06 0.20 0.51 0.40 0.45 0.43 0.43
PB Ratio
2.72 2.78 1.53 1.26 1.87 2.60 1.55 1.32 1.15 1.37
EV/Sales
1.38 12.90 (12.14) (35.18) 23.13 20.22 8.71 15.98 (14.51) 5.52
EV/FCF
(103) 96 76 58 59 159 351 261 264 172
Op' Cash Flow
1,007 (24) (120) (69) (43) (113) (246) (217) (311) (65)
Capex
903 73 (43) (11) 17 46 106 44 (47) 107
FCF
(2) (75) (88) (327) (365) (354) (94) (100) 158 (55)
Working Cap'
354 277 323 347 342 312 173 163 245 129
Total Debt
346 275 322 345 336 306 173 163 245 129
Net Debt
1,697 1,671 1,441 823 241 609 1,215 1,218 1,026 996
Sh' Equity
(14.67%) (2.68%) (10.78%) (34.14%) (53.47%) 35.52% 43.95% 4.76% (9.21%) 1.76%
ROA
(19.45%) (3.62%) (7.36%) (29.68%) (62.29%) 23.49% 20.38% 6.27% (7.77%) 2.70%
ROIC
(26.30%) (3.85%) (15.12%) (52.46%) (108.27%) 77.69% 68.31% 6.58% (13.18%) 2.49%
ROE
predictions in italic, sparklines do not include predictions

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Obsidian Energy peers in Oil & Gas E&P

All 73 Oil & Gas E&P stocks →

Obsidian Energy (OBE) key facts

  • Obsidian Energy (OBE) is an Oil & Gas E&P company in the Energy sector, listed on NYSE American.
  • Obsidian Energy’s revenue for fiscal 2025 (year ended December 2025) was $429.3 million, down 28.0% from fiscal 2024.
  • As of September 25, 2026, OBE traded at $10.69, a market capitalization of $750.7 million.
  • Return on equity was 2.49% and debt-to-equity 0.25.

Source: company filings (standardised) and stockrow calculations.

Obsidian Energy (OBE) Latest News

News by impact score

Fine-tune

14 Sep

3

Obsidian Energy released an operational update and issued new corporate guidance covering production targets, capital spending, and financial outlook. Guidance revisions and operational updates can move near-term investor expectations and share-price volatility for Obsidian Energy.

30 Jul

3

Obsidian Energy released second quarter 2026 financial results. Quarterly earnings releases deliver financial metrics that shape near-term stock moves and sentiment.

22 Jul

3

Obsidian Energy closed a $75 million add-on to its senior unsecured notes. $75 million debt financing alters Obsidian Energy capital structure and liquidity position.

15 Jul

3

Obsidian Energy announces a $75 million add-on to its existing senior unsecured notes. Additional senior notes issuance increases liquidity while raising leverage and interest obligations.

2 Jul

4

Obsidian Energy completed the Belly River acquisition and raised its 2026 production guidance. Acquisition closure combined with higher 2026 output targets expands reserves and cash-flow outlook.

23 Jun

3

Obsidian Energy increases its syndicated credit facility. Increased credit facility improves Obsidian Energy liquidity and operational flexibility without fundamentally altering long-term trajectory.

3 Jun

4

Highwood Asset Management sells its Wilson Creek assets to Obsidian Energy for up to $112 million. Obsidian Energy stock rises 2.25% in US premarket trading. Wilson Creek asset acquisition for up to $112 million expands Obsidian Energy's portfolio and lifts its stock price.

2 Jun

4

Obsidian Energy announces strategic Belly River acquisition to expand its asset base and operations. Strategic acquisition represents major move likely to expand production base and alter company trajectory.

1 Jun

4

Obsidian Energy increases 2026 capital program and targets 15% production growth in 2027. Capital expansion and 15% growth target represent major strategic moves that can alter company trajectory and investor sentiment.

7 May

3

Obsidian Energy announced first quarter 2026 results, highlighting key financial and operational metrics for the period. Quarterly results influence financial performance and investor sentiment but are routine disclosures.

24 Apr

3

Obsidian Energy (TSX:OBE) projects steady output through 2026, spotlighting its core strategic priorities amid questions on long-term direction. Steady 2026 output plan signals consistent strategy with moderate influence on financial outlook and investor sentiment.

13 Apr

3

Obsidian Energy reported Q3 production averaging 25,800 boe/d, up 10% from prior year, with strong well results in Viking and Cardium assets, 20% cost reductions, and 2024 guidance of 27,000-28,500 boe/d amid efficient operations. Stronger production and lower costs boost near-term financials and outlook without fundamentally altering long-term strategy.

19 Feb

4

Obsidian Energy announced fourth quarter and full-year 2025 results. Quarterly and annual financial results significantly shape investor sentiment, stock valuation, and future performance expectations.

5 Feb

4

Obsidian Energy has announced strong reserves results for 2025, highlighting significant increases in both oil and gas reserves. The company reported a substantial rise in its total proved reserves, driven by successful drilling and enhanced recovery techniques. This positive outcome is expected to bolster Obsidian's production capabilities and financial performance in the coming years, positioning the company favorably within the competitive energy market. The strong reserves results are likely to significantly enhance Obsidian Energy's production capabilities and financial outlook.

22 Jan

3

Obsidian Energy (OBE) is highlighted among TSX growth companies with high insider ownership as of January 2026, indicating strong confidence from its management and board in the company's future prospects. High insider ownership often suggests alignment of interests between management and shareholders, potentially leading to better decision-making and performance. High insider ownership can positively influence investor sentiment and company performance, but its overall impact is expected to be limited.

3

Obsidian Energy has announced its operational guidance for 2026, outlining key performance metrics and strategic initiatives aimed at enhancing production efficiency and financial stability. The company provided updates on its ongoing projects and operational performance, indicating a focus on sustainable growth and cost management in the evolving energy market. The guidance and operational updates are expected to moderately influence financial performance and market sentiment.

14 Jan

3

Obsidian Energy (OBE) is highlighted as a potentially undervalued small-cap stock with insider buying activity noted in January 2026. The article explores the implications of this insider action, suggesting that it may indicate confidence in the company's future performance. Investors are encouraged to consider the broader context of market trends and the energy sector's dynamics when evaluating OBE's prospects. Insider buying suggests confidence but does not guarantee significant changes in performance or market position.

24 Dec

3

Obsidian Energy (OBE) is highlighted among TSX growth companies with high insider ownership, indicating strong confidence from management in the company's future. Insider ownership can be a positive signal for investors, suggesting that executives are aligned with shareholder interests. The article emphasizes the importance of monitoring such companies for potential investment opportunities, particularly in the context of market dynamics and growth prospects. High insider ownership may influence investor sentiment and confidence in the company's future performance.

16 Dec

3

Obsidian Energy (OBE) is highlighted as one of three undervalued small-cap stocks in the global market, attracting attention due to recent insider buying activity. This trend suggests confidence from company executives in the stock's potential, indicating a possible undervaluation in the current market. The article emphasizes the importance of insider actions as a signal for investors, particularly in the context of small-cap stocks, which can often be overlooked by larger institutional investors. Insider buying activity may influence market sentiment and investor confidence, but its overall impact on Obsidian Energy's trajectory is expected to be limited.

3 Dec

4

Obsidian Energy has successfully closed a $175 million issuance of 5-year senior unsecured notes due in 2030. Concurrently, the company has redeemed its existing $80.8 million senior unsecured notes that were due in 2027, indicating a strategic move to manage its debt profile and extend maturities. The refinancing and extension of debt maturities are significant strategic moves that can enhance financial stability and investor confidence.

19 Nov

4

Obsidian Energy has announced the offering and pricing of $175 million in 5-year senior unsecured notes due in 2030. The company plans to use the proceeds to redeem existing senior unsecured notes totaling $80.8 million, which are due in 2027. This move is part of the company's strategy to manage its debt and improve its financial position. The issuance of new notes and redemption of existing debt indicates a significant strategic financial maneuver that could enhance the company's capital structure.

17 Nov

3

Obsidian Energy (OBE) is highlighted as a potentially undervalued small-cap stock, with notable insider activity observed in November 2025. The article explores the implications of this insider trading, suggesting that it may indicate confidence in the company's future performance. Investors are encouraged to consider the broader market context and the potential for growth in the energy sector, particularly for companies like Obsidian Energy that may be overlooked by the market. Insider activity suggests confidence but does not guarantee significant changes in market performance.

1 Nov

3

Obsidian Energy continues to face a valuation discount as negative margins hinder its turnaround efforts. Despite previous optimism about recovery, the company's financial performance remains challenged, raising concerns among investors about its future trajectory. The persistent negative margins suggest that the anticipated improvements may not materialize as quickly as hoped, leading to skepticism in the market. Negative margins are expected to moderately influence financial performance and investor sentiment.

31 Oct

3

RBC has confirmed a Sector-Perform rating and a price target of $9.50 for Obsidian Energy (OBE) following the company's Q3 results, indicating a stable outlook based on recent performance metrics. The confirmation of the price target and rating suggests a moderately noticeable influence on market sentiment and financial performance.

30 Oct

4

Obsidian Energy reported a 49% decline in Q3 profit due to reduced production and lower prices. The company has also cut its guidance for future performance, indicating challenges ahead in maintaining profitability amidst fluctuating market conditions. The significant drop in profit and revised guidance suggest major challenges that could alter the company's trajectory and investor sentiment.

4

Obsidian Energy reported its third quarter 2025 results, highlighting significant improvements in production and financial metrics compared to previous quarters. The company achieved a notable increase in revenue driven by higher oil prices and operational efficiencies. Additionally, Obsidian Energy announced plans for future investments aimed at enhancing production capabilities and sustainability initiatives. The results reflect a positive trajectory for the company amidst a recovering energy market. The reported improvements in production and financial metrics, along with future investment plans, indicate a significant positive shift in the company's trajectory.

16 Sep

3

Obsidian Energy (OBE) is highlighted as one of three undervalued small-cap stocks showing insider buying activity, suggesting potential growth and confidence from executives. The article emphasizes the importance of insider transactions as indicators of future performance, particularly in the context of current market conditions. OBE's financial health and strategic positioning are discussed, positioning it as a compelling investment opportunity amidst broader market trends. Insider buying activity indicates confidence in the company's future, which may moderately influence market sentiment and performance.

12 Sep

3

Jim Cramer has expressed his inability to recommend Obsidian Energy (OBE), indicating concerns about the company's prospects. His comments suggest a lack of confidence in OBE's future performance and market position, which may influence investor sentiment negatively. Cramer's lack of recommendation could moderately affect investor sentiment and market perception of Obsidian Energy.

9 Sep

3

Obsidian Energy has been maintained at an 'Outperform' rating by BMO following its guidance for the second half of the year. The price target for the company's stock remains at C$10.00, indicating confidence in its future performance. The guidance and maintained rating suggest a moderately positive outlook for Obsidian Energy's financial performance.

3

Obsidian Energy (OBE) is highlighted among UK penny stocks to watch in September 2025 due to its strategic initiatives and market positioning. The company is expected to benefit from favorable market conditions and operational improvements, which may enhance investor interest and stock performance. Analysts suggest that OBE's focus on efficiency and cost management could lead to positive financial outcomes in the near future. Operational improvements and favorable market conditions may moderately influence Obsidian Energy's financial performance.

stockrow.com/OBE · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com