Mark Hodgson - Obsidian Energy President
| OBE Stock | CAD 7.91 0.05 0.64% |
President
Mr. Mark Hodgson is Vice President Operations and EP Services of the Company. Mr. Hodgsonbrings over 16 years experience in the industry most recently leading Bankers Petroleumtechnical and commercial expansion efforts in Eastern Europe. Prior to New Ventures, Mr. Hodgson held positions managing service functions of Legal, Crude Marketing, Stakeholder Engagement, Supply Chain, Investor Relations, and Corporationrationrate Planning. Prior to Bankers Petroleum, he worked five years each in investment banking with Tristone Capital in London, and on Wall Street in New York with Group One, a trading house. Mr. Hodsgonholds a degree in Finance from the Wharton school at the University of Pennsylvania. since 2018.
| Tenure | 7 years |
| Address | 207 ? 9th Avenue SW, Calgary, AB, Canada, T2P 1K3 |
| Phone | 403 777 2500 |
| Web | https://www.obsidianenergy.com |
Obsidian Energy Management Efficiency
The company has return on total asset (ROA) of (0.0643) % which means that it has lost $0.0643 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.1329) %, meaning that it generated substantial loss on money invested by shareholders. 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. As of the 3rd of March 2025, Return On Capital Employed is likely to grow to 0.22, while Return On Tangible Assets are likely to drop (0.10). At this time, Obsidian Energy's Other Assets are very stable compared to the past year. As of the 3rd of March 2025, Net Tangible Assets is likely to grow to about 1.9 B, while Total Assets are likely to drop about 2 B.Obsidian Energy has accumulated 3.5 M in total debt with debt to equity ratio (D/E) of 0.38, which is about average as compared to similar companies. Obsidian Energy has a current ratio of 0.26, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Obsidian Energy until it has trouble settling it off, either with new capital or with free cash flow. So, Obsidian Energy's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Obsidian Energy sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Obsidian to invest in growth at high rates of return. When we think about Obsidian Energy's use of debt, we should always consider it together with cash and equity.
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Management Performance
| Return On Equity | -0.13 | ||||
| Return On Asset | -0.0643 |
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.
| John Brydson, Independent Director | ||
| Andrew Sweerts, Vice President - Business Development and Commercial | ||
| Peter Scott, Chief Financial Officer, Senior Vice President | ||
| William Friley, Independent Director | ||
| Stephen Loukas, Interim President, Chief Executive Officer, Director | ||
| Maureen Jackson, Independent Director | ||
| Gordon Ritchie, Independent Chairman of the Board | ||
| Mark Hodgson, Vice President - Business Development and Commercial | ||
| Raymond Crossley, Independent Director | ||
| Michael Faust, Interim President, Interim Chief Executive Officer, Director | ||
| Jay McGilvary, Senior Development | ||
| Aaron Smith, Senior Vice President - Development and Operations | ||
| William Swadling, Vice Operations | ||
| Gary Sykes, Vice President - Commercial | ||
| Edward Kernaghan, Independent Director | ||
| Mark Hawkins, Vice President - Legal, General Counsel, Corporate Secretary |
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.
| Return On Equity | -0.13 | ||||
| Return On Asset | -0.0643 | ||||
| Profit Margin | (0.28) % | ||||
| Operating Margin | (1.92) % | ||||
| Current Valuation | 925.35 M | ||||
| Shares Outstanding | 73.68 M | ||||
| Shares Owned By Insiders | 2.68 % | ||||
| Shares Owned By Institutions | 25.42 % | ||||
| Number Of Shares Shorted | 1.12 M | ||||
| Price To Earning | 4.90 X |
Pair Trading with Obsidian Energy
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Obsidian Energy position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Obsidian Energy will appreciate offsetting losses from the drop in the long position's value.Moving against Obsidian Stock
The ability to find closely correlated positions to Obsidian Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Obsidian Energy when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Obsidian Energy - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Obsidian Energy to buy it.
The correlation of Obsidian Energy is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Obsidian Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Obsidian Energy moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Obsidian Energy can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.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 board of governors. To learn how to invest in Obsidian Stock, please use our How to Invest in Obsidian Energy guide.You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.