OBE
Obsidian EnergyOBE
OBE
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 Crude oil sale.
Employees: 203
0
Funds holding %
of 7,425 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
50% more repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 22
16% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 19
14% more capital invested
Capital invested by funds: $65.1M [Q3] → $74.2M (+$9.06M) [Q4]
13% more call options, than puts
Call options by funds: $700K | Put options by funds: $618K
2% more funds holding
Funds holding: 103 [Q3] → 105 (+2) [Q4]
1.34% more ownership
Funds ownership: 15.36% [Q3] → 16.7% (+1.34%) [Q4]
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
Low target
$10
138%
upside
Avg. target
$10
138%
upside
High target
$10
138%
upside
1 analyst rating
0 positive
0%
1 neutral
100%
0 negative
0%
RBC Capital | 138%upside $10 | Sector Perform Downgraded | 17 Apr 2025 |
Financial journalist opinion
Based on 4 articles about OBE published over the past 30 days
Neutral
Newsfile Corp
6 hours ago
Obsidian Energy Announces Date of First Quarter 2025 Results and AGSM Webcast
Calgary, Alberta--(Newsfile Corp. - April 30, 2025) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") expects to release our first quarter 2025 financial and operational results (the "Release") before North American markets open on Wednesday, May 7, 2025.
Positive
Seeking Alpha
11 hours ago
Obsidian Energy Reduces Its Debt Through Its Pembina Asset Sale
Obsidian Energy sold Pembina assets for CAD 320 million, with over 65% of the consideration in cash. This helped Obsidian reduce its net debt by over 50% and pay down most of its credit facility debt. Obsidian's financial health has improved, but it is mostly unhedged on oil and dealing with $60 WTI oil now.
Neutral
Seeking Alpha
1 week ago
Obsidian Energy: No More Debt Worries
Obsidian Energy now has profitable prospects, including the Clearwater area acquisition. The company has diversified production with both heavy and light oil. Recent disposition yielded C$220 million, with roughly half allocated to debt reduction.
Neutral
Newsfile Corp
3 weeks ago
Obsidian Energy Announces Closing of the Operated Pembina Asset Sale for ~ $320 Million
Provides Update on Syndicated Credit Facility Calgary, Alberta--(Newsfile Corp. - April 7, 2025) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") is pleased to announce that we have closed our previously announced divestiture of our operated Pembina assets (the "Pembina Assets") to InPlay Oil Corp. (TSX: IPO) ("InPlay") (collectively, the "Transaction").
Neutral
Newsfile Corp
1 month ago
Obsidian Energy Provides Update on Offer to Purchase $3.0 Million of our Outstanding Senior Unsecured Notes
Calgary, Alberta--(Newsfile Corp. - March 14, 2025) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") today provides an update on the previously announced offer (the "Offer") to purchase for cash, up to an aggregate amount of $3.0 million of our outstanding 11.95 percent Senior Unsecured Notes due July 27, 2027 (the "Notes").
Neutral
Newsfile Corp
2 months ago
Obsidian Energy Announces Launch of an Offer to Purchase up to $3.0 Million of our Outstanding Senior Unsecured Notes
Calgary, Alberta--(Newsfile Corp. - February 26, 2025) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") today announced that we have commenced an offer (the "Offer") to purchase for cash, up to an aggregate amount of $3.0 million (the "Maximum Purchase Consideration") of our outstanding 11.95 percent Senior Unsecured Notes due July 27, 2027, ISINs CA674482AA25 (Restricted), CA674482AB08 (144A) and CA674482AC80 (Regulation D), CUSIP Nos.
Neutral
Newsfile Corp
2 months ago
Obsidian Energy Confirms Filing of Its 2024 Year End Disclosure Documents
Calgary, Alberta--(Newsfile Corp. - February 25, 2025) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") announces that it has filed with Canadian securities regulatory authorities its audited Consolidated Financial Statements for the year ended December 31, 2024, and related Management's Discussion and Analysis ("MD&A").
Neutral
Newsfile Corp
2 months ago
Obsidian Energy Announces First Half 2025 Capital Program and Guidance
Capital plan of 38 net operated wells weighted towards Peace River asset, following up on our 2024 development program Initiation of Clearwater waterflood program to support future Peace River growth Calgary, Alberta--(Newsfile Corp. - February 25, 2025) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") is pleased to announce our first half 2025 capital plan and financial guidance that builds on the success of our 2024 program.
Neutral
Newsfile Corp
2 months ago
Obsidian Energy Announces Fourth Quarter and Full Year 2024 Results
Generated $432.0 million of funds flow from operations, representing a 14 percent increase over 2023 (22 percent on a per share basis) representing a 14 percent increase over 2023 (22 percent on a per share basis) Average 2024 production increased 16 percent to 37,474 boe/d over 2023 Repurchased and cancelled six percent of shares outstanding for $41.7 million in 2024 2024 capital program increased production, reserves, and funds flow from operations, and added both Clearwater and Bluesky locations to support Peace River growth Calgary, Alberta--(Newsfile Corp. - February 25, 2025) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") is pleased to report our operating and financial results for the fourth quarter and full year of 2024.
Neutral
Newsfile Corp
2 months ago
Obsidian Energy Announces Sale of Operated Pembina Assets for $320 Million in Cash, Equity and Assets
Obsidian Energy to receive $220 million in cash, $85 million in equity and a 34.6 percent interest in the Willesden Green Cardium Unit #2 Field, subject to adjustment in certain circumstances Transaction results in significantly reduced debt and enhanced liquidity Positions Obsidian Energy to continue growth and delineation of Peace River asset with additional optionality from remaining light oil business Calgary, Alberta--(Newsfile Corp. - February 19, 2025) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") is pleased to announce that the Company has entered into a definitive asset purchase and sale agreement (the "Agreement") with Calgary-based InPlay Oil Corp. ("InPlay") (TSX: IPO).
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