Obsidian Historical Balance Sheet

OBE Stock  CAD 7.77  0.01  0.13%   
Trend analysis of Obsidian Energy balance sheet accounts such as Total Current Liabilities of 196.7 M provides information on Obsidian Energy's total assets, liabilities, and equity, which is the actual value of Obsidian Energy to its prevalent stockholders. By breaking down trends over time using Obsidian Energy balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
 
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Yuan Drop
 
Covid
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.

Obsidian Energy Inventory

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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.

About Obsidian Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Obsidian Energy at a specified time, usually calculated after every quarter, six months, or one year. Obsidian Energy Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Obsidian Energy and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Obsidian currently owns. An asset can also be divided into two categories, current and non-current.

Obsidian Energy Balance Sheet Chart

At this time, Obsidian Energy's Non Current Liabilities Other is very stable compared to the past year.

Total Assets

Total assets refers to the total amount of Obsidian Energy assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Obsidian Energy books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on Obsidian Energy balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Obsidian Energy are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Most accounts from Obsidian Energy's balance sheet are interrelated and interconnected. However, analyzing balance sheet 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 balance sheet 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 board of governors.
To learn how to invest in Obsidian Stock, please use our How to Invest in Obsidian Energy guide.At this time, Obsidian Energy's Non Current Liabilities Other is very stable compared to the past year.
 2022 2023 2024 2025 (projected)
Short and Long Term Debt Total231.3M228M205.2M194.9M
Total Assets2.2B2.3B2.0B1.9B

Obsidian Energy balance sheet Correlations

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0.970.940.910.940.971.0-0.090.110.970.640.84-0.090.980.880.990.370.920.830.560.010.820.680.38-0.090.83
0.960.940.910.940.950.940.040.190.960.570.77-0.040.950.910.960.460.910.760.750.070.830.580.37-0.180.78
0.860.910.910.820.860.91-0.09-0.080.860.510.740.050.850.840.890.320.840.730.64-0.130.730.590.420.210.66
1.00.940.940.820.990.940.060.340.990.660.8-0.020.980.950.970.490.950.790.540.130.910.540.33-0.320.81
1.00.970.950.860.990.970.00.261.00.670.83-0.070.990.920.990.440.950.820.550.110.880.620.34-0.260.85
0.971.00.940.910.940.97-0.080.120.970.640.83-0.10.980.880.990.370.920.830.560.010.830.670.37-0.090.83
0.03-0.090.04-0.090.060.0-0.080.170.04-0.1-0.55-0.20.00.21-0.020.24-0.14-0.540.230.220.25-0.39-0.04-0.240.11
0.280.110.19-0.080.340.260.120.170.270.380.20.260.220.260.180.550.330.20.140.190.44-0.330.09-0.750.04
1.00.970.960.860.991.00.970.040.270.660.81-0.060.990.940.990.470.950.80.560.090.90.590.35-0.260.84
0.670.640.570.510.660.670.64-0.10.380.660.61-0.070.670.470.660.280.780.60.090.060.520.550.19-0.140.57
0.810.840.770.740.80.830.83-0.550.20.810.610.110.820.660.820.280.881.00.32-0.030.620.680.31-0.140.61
-0.06-0.09-0.040.05-0.02-0.07-0.1-0.20.26-0.06-0.070.11-0.14-0.04-0.110.41-0.040.08-0.09-0.010.0-0.320.410.12-0.52
0.990.980.950.850.980.990.980.00.220.990.670.82-0.140.911.00.430.940.810.550.070.860.650.35-0.250.88
0.940.880.910.840.950.920.880.210.260.940.470.66-0.040.910.920.470.870.660.620.020.950.360.3-0.220.76
0.990.990.960.890.970.990.99-0.020.180.990.660.82-0.111.00.920.420.940.820.580.040.860.650.37-0.170.86
0.460.370.460.320.490.440.370.240.550.470.280.280.410.430.470.420.360.270.31-0.270.51-0.040.72-0.340.27
0.950.920.910.840.950.950.92-0.140.330.950.780.88-0.040.940.870.940.360.870.490.070.840.60.23-0.220.77
0.810.830.760.730.790.820.83-0.540.20.80.61.00.080.810.660.820.270.870.32-0.040.610.670.32-0.140.6
0.560.560.750.640.540.550.560.230.140.560.090.32-0.090.550.620.580.310.490.320.080.560.160.13-0.170.41
0.090.010.07-0.130.130.110.010.220.190.090.06-0.03-0.010.070.020.04-0.270.07-0.040.080.010.08-0.53-0.450.0
0.90.820.830.730.910.880.830.250.440.90.520.620.00.860.950.860.510.840.610.560.010.20.31-0.330.69
0.590.680.580.590.540.620.67-0.39-0.330.590.550.68-0.320.650.360.65-0.040.60.670.160.080.20.140.110.71
0.350.380.370.420.330.340.37-0.040.090.350.190.310.410.350.30.370.720.230.320.13-0.530.310.140.140.16
-0.26-0.09-0.180.21-0.32-0.26-0.09-0.24-0.75-0.26-0.14-0.140.12-0.25-0.22-0.17-0.34-0.22-0.14-0.17-0.45-0.330.110.14-0.27
0.840.830.780.660.810.850.830.110.040.840.570.61-0.520.880.760.860.270.770.60.410.00.690.710.16-0.27
Click cells to compare fundamentals

Obsidian Energy Account Relationship Matchups

Obsidian Energy balance sheet Accounts

202020212022202320242025 (projected)
Total Assets964.1M1.4B2.2B2.3B2.0B1.9B
Short Long Term Debt Total462.2M399.7M231.3M228M205.2M194.9M
Other Current Liab16.9M27.6M34.1M32.6M29.3M27.9M
Total Current Liabilities547.6M530.5M222.9M230M207M196.7M
Total Stockholder Equity323.1M763.5M1.6B1.6B1.5B1.4B
Property Plant And Equipment Net905.2M1.3B1.9B1.9B1.7B1.7B
Net Debt454.1M392.4M230.5M227.5M204.8M194.5M
Retained Earnings(2.0B)(1.6B)(743.4M)(635.4M)(571.9M)(600.5M)
Accounts Payable74.1M107.8M185.6M193.5M174.2M170.7M
Non Current Assets Total905.2M1.3B2.1B2.2B1.9B1.8B
Net Receivables40.8M68.9M82.6M70M63M59.9M
Common Stock Shares Outstanding73.3M77.6M84.4M84.1M96.7M59.8M
Liabilities And Stockholders Equity964.1M1.4B2.2B2.3B2.0B1.9B
Non Current Liabilities Total93.4M135.2M401.7M376.6M338.9M322.0M
Other Current Assets10M10.9M27.6M24.1M21.7M20.6M
Total Liab641M665.7M624.6M606.6M545.9M518.6M
Property Plant And Equipment Gross905.2M10.6B11.0B11.3B12.9B7.4B
Total Current Assets58.9M87.1M100.3M94.6M85.1M80.9M
Other Stockholder Equity102M103.6M103.2M101.2M91.1M86.5M
Accumulated Other Comprehensive Income103.6M103.2M101.2M104.1M119.7M125.7M
Non Currrent Assets Other(905.2M)(1.3B)(300K)1M900K855K
Short Term Debt456.6M395.1M3.2M3.9M4.5M4.3M
Other Liab97M87.8M130.6M173.6M156.2M148.4M
Net Tangible Assets1.1B323.1M763.5M1.6B1.4B1.9B
Long Term Debt27M0.0225.3M218M196.2M186.4M
Cash And Short Term Investments8.1M7.3M800K500K450K427.5K
Inventory800K1.8M6.2M1.00.90.86
Short Long Term Debt434M451.8M391M2M1.8M1.7M
Property Plant Equipment1.7B905.2M1.3B1.9B1.7B3.0B
Cash8.1M7.3M800K500K450K427.5K
Long Term Debt Total112M5.6M4.6M228.1M205.3M324.0M
Net Invested Capital774.9M1.2B1.8B1.9B1.7B1.4B
Net Working Capital(488.7M)(443.4M)(122.6M)(135.4M)(121.9M)(128.0M)

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

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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.
Pair CorrelationCorrelation Matching
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 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 Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
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.