Stephen Loukas - Obsidian Energy Interim President, Chief Executive Officer

OBE Stock  USD 5.71  0.13  2.33%   

CEO

Mr. Stephen E. Loukas is Independent Director of the Company. Mr. Loukas is partner, managing member, and portfolio manager at FrontFour Capital Group LLC, a valuebased investment management firm. Previously, Mr. Loukas held roles including Director at Credit Suisse Securities where he was a Portfolio Manager and Head of Investment Research of the MultiProduct Event Proprietary Trading Group, and at Pirate Capital where he was a senior investment analyst. Mr. Loukas has also worked within the Corporationrationrate Finance Distribution Group of Scotia Capital where he focused on the structuring and syndication of leveraged loans and high yield debt. Mr. Loukas started his career at restructuring firm Zolfo Cooper where he assisted corporate clients in the development and implementation of operational and financial restructuring plans. Mr. Loukas has previously served as a director of Xinergy Ltd since 2019.
Age 46
Tenure 5 years
Address 207 ? 9th Avenue SW, Calgary, AB, Canada, T2P 1K3
Phone403 777 2500
Webhttps://www.obsidianenergy.com
Loukas received a B.A. in Finance and Accounting from New York University.

Obsidian Energy Management Efficiency

The company has Return on Asset of 0.0519 % which means that on every $100 spent on assets, it made $0.0519 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.0699 %, implying that it generated $0.0699 on every 100 dollars invested. Obsidian Energy's management efficiency ratios could be used to measure how well Obsidian Energy manages its routine affairs as well as how well it operates its assets and liabilities. The current year's Return On Tangible Assets is expected to grow to 0.05. The current year's Return On Capital Employed is expected to grow to 0.19. At present, Obsidian Energy's Other Assets are projected to increase significantly based on the last few years of reporting. The current year's Return On Tangible Assets is expected to grow to 0.05, whereas Non Current Assets Total are forecasted to decline to about 2 B.
Obsidian Energy has 228 M in debt with debt to equity (D/E) ratio of 0.38, which is OK given its current industry classification. Obsidian Energy has a current ratio of 0.26, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for Obsidian to invest in growth at high rates of return.

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Obsidian Energy Ltd. primarily focuses on the exploration, production, and development of oil and natural gas properties in the Western Canada Sedimentary Basin. The company was formerly known as Penn West Petroleum Ltd. and changed its name to Obsidian Energy Ltd. in June 2017. Obsidian Energy operates under Oil Gas EP classification in the United States and is traded on AMEX Exchange. It employs 173 people. Obsidian Energy (OBE) is traded on NYSE MKT Exchange in USA. It is located in 207 ? 9th Avenue SW, Calgary, AB, Canada, T2P 1K3 and employs 198 people. Obsidian Energy is listed under Oil & Gas Exploration & Production category by Fama And French industry classification.

Management Performance

Obsidian Energy Leadership Team

Elected by the shareholders, the Obsidian Energy's board of directors comprises two types of representatives: Obsidian Energy inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Obsidian. The board's role is to monitor Obsidian Energy's management team and ensure that shareholders' interests are well served. Obsidian Energy's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Obsidian Energy's outside directors are responsible for providing unbiased perspectives on the board's policies.
Peter Scott, Senior CFO
Jay McGilvary, Senior Development
Stephen Loukas, Interim President, Chief Executive Officer
William Swadling, Vice Operations
Gary Sykes, Senior Development
Mark Hawkins, General Legal

Obsidian Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Obsidian Energy a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Also Currently Popular

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When determining whether Obsidian Energy is a strong investment it is important to analyze Obsidian Energy's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Obsidian Energy's future performance. For an informed investment choice regarding Obsidian Stock, refer to the following important reports:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Obsidian Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
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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
1.01
Revenue Per Share
9.012
Quarterly Revenue Growth
0.075
Return On Assets
0.0519
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.