Obsidian Return On Equity from 2010 to 2025
| OBE Stock | USD 5.63 0.05 0.88% |
Return On Equity | First Reported 2010-12-31 | Previous Quarter 0.0756 | Current Value 0.0793 | Quarterly Volatility 0.69580813 |
Check Obsidian Energy financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Obsidian Energy's main balance sheet or income statement drivers, such as Depreciation And Amortization of 180.4 M, Total Revenue of 558.6 M or Gross Profit of 567.1 M, as well as many indicators such as Price To Sales Ratio of 1.83, Dividend Yield of 0.088 or PTB Ratio of 0.94. Obsidian financial statements analysis is a perfect complement when working with Obsidian Energy Valuation or Volatility modules.
Obsidian | Return On Equity |
Latest Obsidian Energy's Return On Equity Growth Pattern
Below is the plot of the Return On Equity of Obsidian Energy over the last few years. Return on Equity is the amount of Obsidian Energy net income returned as a percentage of Obsidian Energy equity. Return on equity measures Obsidian Energy profitability by revealing how much profit Obsidian Energy generates with the money shareholders have invested. It is a measure of the profitability of a business in relation to the equity, calculated by dividing net income by shareholder's equity. Obsidian Energy's Return On Equity historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Obsidian Energy's overall financial position and show how it may be relating to other accounts over time.
| View | Last Reported 0.0699 | 10 Years Trend |
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Return On Equity |
| Timeline |
Obsidian Return On Equity Regression Statistics
| Arithmetic Mean | (0.24) | |
| Geometric Mean | 0.18 | |
| Coefficient Of Variation | (295.08) | |
| Mean Deviation | 0.45 | |
| Median | 0.02 | |
| Standard Deviation | 0.70 | |
| Sample Variance | 0.48 | |
| Range | 2.9975 | |
| R-Value | (0.01) | |
| Mean Square Error | 0.52 | |
| R-Squared | 0.0002 | |
| Significance | 0.96 | |
| Slope | (0) | |
| Total Sum of Squares | 7.26 |
Obsidian Return On Equity History
About Obsidian Energy Financial Statements
Obsidian Energy stakeholders use historical fundamental indicators, such as Obsidian Energy's Return On Equity, to determine how well the company is positioned to perform in the future. Although Obsidian Energy investors may analyze each financial statement separately, they are all interrelated. For example, changes in Obsidian Energy's assets and liabilities are reflected in the revenues and expenses on Obsidian Energy's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Obsidian Energy. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Return On Equity | 0.08 | 0.08 |
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Check out the analysis of Obsidian Energy Correlation against competitors. For information on how to trade Obsidian Stock refer to our How to Trade Obsidian Stock guide.You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Oil & Gas Exploration & Production space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Obsidian Energy. If investors know Obsidian will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Obsidian Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.4 | Earnings Share 0.99 | Revenue Per Share | Quarterly Revenue Growth 0.075 | Return On Assets |
The market value of Obsidian Energy is measured differently than its book value, which is the value of Obsidian that is recorded on the company's balance sheet. Investors also form their own opinion of Obsidian Energy's value that differs from its market value or its book value, called intrinsic value, which is Obsidian Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Obsidian Energy's market value can be influenced by many factors that don't directly affect Obsidian Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Obsidian Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Obsidian Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Obsidian Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.