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Obsidian Energy

OBE

Market cap $764M

11.45 USD

-0.55

4.58%

At close Updated Oct 27, 4:00 PM EDT

Pre-market

After hours

11.56

+0.11

0.96%

1 day

-4.58%

5 days

-2.72%

1 month

7.31%

3 months

15.77%

6 months

-12.46%

Year to date

82.03%

1 year

90.83%

5 years

54.1%

10 years

28.8%

About: Obsidian Energy Ltd is an intermediate-sized oil and gas producer with strategic assets in Alberta. It operates in a single reporting segment that is exploration, development, and holding an interest in oil and natural gas properties and related production infrastructure in the Western Canada Sedimentary Basin. The company generates the majority of the revenue from the Sale of Oil.

Employees: 148

Energy Oil & Gas Integrated

News

Positive

Neutral

Negative

Sentiment 3-Months

Positive 33.3%

Neutral 66.7%

Negative 0%

New Research from AIA, Supported by Oldcastle BuildingEnvelope, Finds Growing Demand for Integrated Security in Building Design

DALLAS--(BUSINESS WIRE)--Oldcastle BuildingEnvelope, Inc. (OBE), North America's leading vertically integrated manufacturer, fabricator, and distributor of architectural hardware, glass, and glazing systems, today announced the release of Safety & Security in Design, a joint research report published in strategic partnership with The American Institute of Architects (AIA). The nationwide study examines how architects and specifiers across diverse project sectors incorporate safety and secur.

New Research from AIA, Supported by Oldcastle BuildingEnvelope, Finds Growing Demand for Integrated Security in Building Design

Obsidian Energy Provides an Operational and Guidance Update

Calgary, Alberta--(Newsfile Corp. - September 14, 2026) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") provides an update to our second-half capital program and 2026 guidance (all amounts are in Canadian dollars unless otherwise noted).

Obsidian Energy Provides an Operational and Guidance Update

Obsidian Energy: I Still See Plenty Of Upside From Here

Obsidian Energy remains a strong buy as robust oil market conditions and rising WTI prices support continued outperformance. OBE's increased CapEx by nearly 50% to $300–$325 million signals management's bullish outlook and commitment to asset expansion. Despite a 3% YoY production decline, higher realized prices drove net income to C$42 million, up from C$15.3 million last year.

Obsidian Energy: I Still See Plenty Of Upside From Here

Obsidian Energy Announces Closing of $75 Million Add-On to Our Senior Unsecured Notes

Calgary, Alberta--(Newsfile Corp. - July 22, 2026) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") announces that we have successfully closed the previously announced private placement offering (the "Offering") of $75.0 million aggregate principal amount to our existing 8.125% senior unsecured notes due December 3, 2030, issued on December 3, 2025 (the "Notes").

Obsidian Energy Announces Closing of $75 Million Add-On to Our Senior Unsecured Notes

Obsidian Energy Announces $75 million Add-On to our Existing Senior Unsecured Notes

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES Calgary, Alberta--(Newsfile Corp. - July 15, 2026) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") announces that we have entered into an underwriting agreement to sell, on a private placement basis (the "Offering"), an additional $75.0 million aggregate principal amount to our existing 8.125% senior unsecured notes due December 3, 2030, issued on December 3, 2025 (the "Notes").

Obsidian Energy Announces $75 million Add-On to our Existing Senior Unsecured Notes

Obsidian Energy: Peace River Growth And New Acquisition To Drive Value

The market is underappreciating Obsidian Energy's earnings potential from the Belly River acquisition and Clearwater waterflooding success. OBE's asset optimization—divesting non-core Pembina, expanding Willesden Green, and focusing capex on Peace River—strengthens production and cash flow outlook. Balance sheet improvements include reducing long-term debt from $239M to $126.9M and refinancing at a lower 8.125% rate, supporting capital flexibility.

Obsidian Energy: Peace River Growth And New Acquisition To Drive Value

Obsidian Energy Closes Belly River Acquisition and Increases 2026 Production Guidance

Calgary, Alberta--(Newsfile Corp. - July 2, 2026) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") has closed our previously announced acquisition of Belly River light oil assets in the Wilson Creek area of Willesden Green (the "Acquisition").

Obsidian Energy Closes Belly River Acquisition and Increases 2026 Production Guidance

Obsidian Energy: One Of The Cheapest Oil Producers

Obsidian Energy trades at roughly half its 2P NAV, making it the sector's most undervalued oil and gas name. OBE's aggressive buybacks, $1.6 billion in tax pools, and hedges rolling off set up strong 2027 free cash flow leverage. Production is set to grow 15% in 2027, driven by expanded capital programs and the accretive Belly River acquisition.

Obsidian Energy: One Of The Cheapest Oil Producers

Obsidian Energy: Moving To Take Advantage Of Higher Selling Prices

Obsidian Energy increased its capital budget as higher commodity prices improved cash flow and reduced its debt ratio. OBE can rapidly boost production by drilling additional wells, leveraging its smaller scale and existing infrastructure. The company is expanding into Belly River acreage, acquiring assets expected to add 2,500 BOED for approximately C$105 million.

Obsidian Energy: Moving To Take Advantage Of Higher Selling Prices

Obsidian Energy Increases Syndicated Credit Facility

Calgary, Alberta--(Newsfile Corp. - June 23, 2026) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") announced today that the aggregate amount available under our syndicated credit facility has increased to $275 million from $235 million, further strengthening the Company's financial position as we prepare to close our previously announced Belly River acquisition and execute on our second half capital program.

Obsidian Energy Increases Syndicated Credit Facility

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