Obsidian Historical Income Statement
| OBE Stock | USD 5.76 0.05 0.88% |
Historical analysis of Obsidian Energy income statement accounts such as Other Operating Expenses of 265.1 M can show how well Obsidian Energy performed in making a profits. Evaluating Obsidian Energy income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Obsidian Energy's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Obsidian Energy latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Obsidian Energy is a good buy for the upcoming year.
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About Obsidian Income Statement Analysis
Obsidian Energy Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Obsidian Energy shareholders. The income statement also shows Obsidian investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Obsidian Energy Income Statement Chart
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Total Revenue
Total revenue comprises all receipts Obsidian Energy generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Obsidian Energy. It is also known as Obsidian Energy overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Total Operating Expenses
The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.Cost Of Revenue
Cost of Revenue is found on Obsidian Energy income statement and represents the costs associated with goods and services Obsidian Energy provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.Most accounts from Obsidian Energy's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Obsidian Energy current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. 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. For information on how to trade Obsidian Stock refer to our How to Trade Obsidian Stock guide.At present, Obsidian Energy's Operating Income is projected to increase significantly based on the last few years of reporting. The current year's EBIT is expected to grow to about 181.2 M, whereas Total Revenue is forecasted to decline to about 620.6 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Total Revenue | 497.5M | 920M | 653.3M | 620.6M | Depreciation And Amortization | 125.7M | 185.7M | 211M | 200.5M |
Obsidian Energy income statement Correlations
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Obsidian Energy Account Relationship Matchups
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Obsidian Energy income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 913M | 134.2M | 125.7M | 185.7M | 211M | 200.5M | |
| Total Revenue | 416M | 286.5M | 497.5M | 920M | 653.3M | 620.6M | |
| Gross Profit | (667M) | (750.1M) | 497.4M | 695.7M | 330.5M | 567.1M | |
| Other Operating Expenses | 1.1B | 1.1B | 46.4M | 302.1M | 279.1M | 265.1M | |
| Operating Income | (731M) | (766.4M) | 649.9M | 732M | 374.2M | 392.9M | |
| Ebit | (731M) | 21.3M | 333.6M | 434.8M | 172.6M | 181.2M | |
| Ebitda | 182M | 155.5M | 459.3M | 620.5M | 383.6M | 704.1M | |
| Total Operating Expenses | 41M | 20.3M | 46.3M | 77.8M | 428.3M | 447.2M | |
| Income Before Tax | (788M) | (771.7M) | 414M | 563.7M | 143.6M | 150.8M | |
| Total Other Income Expense Net | (57M) | (889.5M) | (39.3M) | (54.8M) | (230.6M) | (242.1M) | |
| Net Income | (805M) | (802.8M) | 181.8M | 810.1M | 108M | 113.4M | |
| Income Tax Expense | 17M | 31.1M | 232.2M | (246.4M) | 35.6M | 37.4M | |
| Interest Expense | 40M | 24.3M | 27.9M | 31M | 31.8M | 30.2M | |
| Cost Of Revenue | 1.1B | 1.0B | 100K | 224.3M | 322.8M | 306.7M | |
| Selling General Administrative | 52M | 45.1M | 56.1M | 47.1M | 19M | 18.1M | |
| Interest Income | 52M | 1M | 60.4M | 81.3M | 73.2M | 72.2M | |
| Net Income Applicable To Common Shares | (788.3M) | (771.7M) | 414M | 810.1M | 931.6M | 978.2M | |
| Net Interest Income | (40M) | (27.1M) | (33.4M) | (33.5M) | (31.3M) | (32.9M) | |
| Net Income From Continuing Ops | (788M) | (771.7M) | 414M | 810.1M | 108M | 113.4M | |
| Reconciled Depreciation | 913M | 902.9M | (190.6M) | (111.5M) | 211M | 284.8M |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.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. For information on how to trade Obsidian Stock refer to our How to Trade Obsidian Stock guide.You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
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.