OBE

Obsidian Energy

5.95 USD
+0.21
3.66%
At close Jun 13, 4:00 PM EDT
After hours
5.89
-0.06
1.01%
1 day
3.66%
5 days
12.05%
1 month
15.98%
3 months
14.86%
6 months
9.98%
Year to date
-0.50%
1 year
-15.84%
5 years
-19.92%
10 years
-33.07%
 

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 7,296 funds
Analysts bullish %

Fund manager confidence

Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)

104% more call options, than puts

Call options by funds: $1.5M | Put options by funds: $736K

33% more repeat investments, than reductions

Existing positions increased: 32 | Existing positions reduced: 24

0.52% less ownership

Funds ownership: 16.7% [Q4 2024] → 16.18% (-0.52%) [Q1 2025]

6% less capital invested

Capital invested by funds: $74.2M [Q4 2024] → $70M (-$4.22M) [Q1 2025]

8% less funds holding

Funds holding: 105 [Q4 2024] → 97 (-8) [Q1 2025]

13% less first-time investments, than exits

New positions opened: 13 | Existing positions closed: 15

Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

Low target
$9
51%
upside
Avg. target
$9
51%
upside
High target
$9
51%
upside

1 analyst rating

positive
0%
neutral
100%
negative
0%
RBC Capital
51%upside
$9
Sector Perform
Maintained
8 May 2025

Financial journalist opinion

Neutral
Newsfile Corp
1 week ago
Obsidian Energy Announces First Half Capital Program Update
Achieved new production record of 14,000 boe/d for Peace River asset Completed drilling all wells in our first Peace River Clearwater waterflood pilot on the Dawson 4-24 Pad Calgary, Alberta--(Newsfile Corp. - June 3, 2025) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") is pleased to provide an operational update on our first half 2025 capital program.
Obsidian Energy Announces First Half Capital Program Update
Neutral
Seeking Alpha
1 month ago
Obsidian Energy Ltd. (OBE) Q1 2025 Earnings Call Transcript
Call Start: 16:00 January 1, 0000 4:49 PM ET Obsidian Energy Ltd. (NYSE:OBE ) Q1 2025 Earnings Call May 7, 2025 16:00 ET Company Participants Mark Hawkins - Vice President, Legal Stephen Loukas - President and Chief Executive Officer Peter Scott - Chief Financial Officer Jay McGilvary - Vice President, Development Gary Sykes - Vice President, Business Development, Commercial and Corporate Planning Cliff Swadling - Vice President, Operations Operator Thank you for standing by.
Obsidian Energy Ltd. (OBE) Q1 2025 Earnings Call Transcript
Neutral
Newsfile Corp
1 month ago
Obsidian Energy Announces Voting Results from the 2025 Annual and Special Meeting of Shareholders
New corporate presentation and management webcast available for replay on website Calgary, Alberta--(Newsfile Corp. - May 7, 2025) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") is pleased to announce that at our annual and special meeting of shareholders held on May 7, 2025, Obsidian Energy's shareholders approved all resolutions outlined in the Notice of 2025 Annual and Special Meeting and Management Proxy Circular dated March 15, 2025 (the "Information Circular"), which is available on SEDAR at www.sedarplus.ca, on EDGAR at www.sec.gov, and on Obsidian Energy's website at www.obsidianenergy.com.
Obsidian Energy Announces Voting Results from the 2025 Annual and Special Meeting of Shareholders
Neutral
Newsfile Corp
1 month ago
Obsidian Energy Announces First Quarter 2025 Results
Closed $320 million divestiture of Pembina assets on April 7, 2025, with cash proceeds used to reduce debt level Completed first quarter program with 26 (24.4 net) operated wells rig released and 19 (17.9 net) operated wells brought on production Responded to the market environment by reducing our first half capital program to $165 - $170 million from $185 - $195 million Commenced drilling waterflood injector pilot at the Dawson 4-24 Pad Calgary, Alberta--(Newsfile Corp. - May 7, 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 first quarter of 2025.
Obsidian Energy Announces First Quarter 2025 Results
Neutral
Newsfile Corp
1 month 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.
Obsidian Energy Announces Date of First Quarter 2025 Results and AGSM Webcast
Positive
Seeking Alpha
1 month 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.
Obsidian Energy Reduces Its Debt Through Its Pembina Asset Sale
Neutral
Seeking Alpha
1 month 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.
Obsidian Energy: No More Debt Worries
Neutral
Newsfile Corp
2 months 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").
Obsidian Energy Announces Closing of the Operated Pembina Asset Sale for ~ $320 Million
Neutral
Newsfile Corp
3 months 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").
Obsidian Energy Provides Update on Offer to Purchase $3.0 Million of our Outstanding Senior Unsecured Notes
Neutral
Newsfile Corp
3 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.
Obsidian Energy Announces Launch of an Offer to Purchase up to $3.0 Million of our Outstanding Senior Unsecured Notes
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