Obsidian Historical Cash Flow
| OBE Stock | CAD 7.91 0.05 0.64% |
Analysis of Obsidian Energy cash flow over time is an excellent tool to project Obsidian Energy future capital expenditures as well as to predict the amount of cash needed to cover cost of sales, R&D expenses or production expansions. Investors should almost always look for trends in cash flow indicators such as Dividends Paid of 0.0 or Depreciation of 193.1 M as it is a great indicator of Obsidian Energy ability to facilitate future growth, repay debt on time or pay out dividends.
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 Cash Flow Analysis
The Cash Flow Statement is a financial statement that shows how changes in Obsidian balance sheet and income statement accounts affect cash and cash equivalents. It breaks the analysis down to operating, investing, and financing activities. One of the most critical aspects of the cash flow statement is liquidity, which is the degree to which Obsidian's non-liquid assets can be easily converted into cash.
Obsidian Energy Cash Flow Chart
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Capital Expenditures
Capital Expenditures are funds used by Obsidian Energy to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Obsidian Energy operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.Begin Period Cash Flow
The amount of cash a company has at the beginning of a financial reporting period. It serves as the starting point for calculating the period's cash flow from operations, investing, and financing activities.Most accounts from Obsidian Energy's cash flow statement are interrelated and interconnected. However, analyzing cash flow 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 cash flow 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 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 Capital Expenditures is very stable compared to the past year. As of the 1st of March 2025, Total Cash From Operating Activities is likely to grow to about 570.5 M, while Change In Cash is likely to drop (1.1 M).
Obsidian Energy cash flow statement Correlations
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Obsidian Energy Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Obsidian Energy cash flow statement Accounts
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Change In Cash | 5.1M | (800K) | (6.5M) | (300K) | (1M) | (1.1M) | |
| Free Cash Flow | 22.2M | 57.7M | 137.4M | 59.6M | (64.6M) | (61.4M) | |
| Other Cashflows From Financing Activities | 2.2M | (100K) | (5.1M) | (500K) | (575K) | (603.8K) | |
| Other Non Cash Items | 855.6M | (212.5M) | (332.1M) | (38.3M) | (12.6M) | (12.0M) | |
| Total Cash From Operating Activities | 79.4M | 198.7M | 456.8M | 352.7M | 361.9M | 570.5M | |
| Net Income | (771.7M) | 414M | 810.1M | 108M | (202.6M) | (192.5M) | |
| Total Cash From Financing Activities | (8.1M) | (42.9M) | (172.5M) | (59.4M) | 67.6M | 71.0M | |
| Change In Working Capital | (6.6M) | (5.1M) | 34.8M | 13.6M | (35.7M) | (33.9M) | |
| Depreciation | 134.2M | 125.7M | 185.7M | 225.8M | 203.2M | 193.1M | |
| End Period Cash Flow | 8.1M | 7.3M | 800K | 500K | (500K) | (475K) | |
| Stock Based Compensation | 5M | 2.1M | 2.3M | 4.7M | 8.2M | 11.9M | |
| Net Borrowings | 15M | (10.3M) | (67M) | (167.4M) | (192.5M) | (202.1M) | |
| Total Cashflows From Investing Activities | (101M) | (66.2M) | (156.6M) | (290.8M) | (261.7M) | (248.6M) | |
| Change To Operating Activities | (40M) | (6.6M) | (5.1M) | 34.8M | 40.0M | 42.0M | |
| Other Cashflows From Investing Activities | (9M) | (9.1M) | 18.1M | 28.6M | 25.7M | 49.7M | |
| Change To Netincome | (7M) | 717.3M | (23.2M) | (275.2M) | (247.7M) | (235.3M) | |
| Begin Period Cash Flow | 3M | 8.1M | 7.3M | 800K | 500K | 475K | |
| Investments | (66.2M) | (156.6M) | (290.8M) | (305.5M) | (430.5M) | (409.0M) |
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
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 Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.