Obsidian Energy Stock Today

OBE Stock  USD 5.88  0.02  0.34%   

Performance

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Odds Of Distress

Less than 39

 
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Obsidian Energy is trading at 5.88 as of the 24th of November 2024, a 0.34 percent increase since the beginning of the trading day. The stock's lowest day price was 5.76. Obsidian Energy has about a 39 percent probability of financial distress in the next few years of operation and has generated negative returns over the last 90 days. Equity ratings for Obsidian Energy are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 25th of October 2024 and ending today, the 24th of November 2024. Click here to learn more.
Business Domain
Energy
IPO Date
2nd of April 2020
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. The company has 74.47 M outstanding shares of which 3.22 M shares are now shorted by investors with about 9.18 days to cover. More on Obsidian Energy

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Obsidian Stock Highlights

ESG Sustainability
Environmental
Governance
Social
CEOStephen Loukas
Business ConcentrationOil & Gas Exploration & Production, Oil & Gas E&P, Energy, Energy, Oil, Gas & Consumable Fuels, Oil & Gas E&P, Energy (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.310.2903
Notably Up
Very volatile
Net Debt216.1 M227.5 M
Notably Down
Slightly volatile
Total Current Liabilities441.3 M230 M
Way Up
Slightly volatile
Non Current Liabilities Total357.8 M376.6 M
Notably Down
Slightly volatile
Total Assets2.1 B2.3 B
Notably Down
Slightly volatile
Total Current Assets89.9 M94.6 M
Notably Down
Slightly volatile
Debt Levels
Obsidian Energy can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Obsidian Energy's financial leverage. It provides some insight into what part of Obsidian Energy's total assets is financed by creditors.
Liquidity
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.

Free Cash Flow

36.31 Million
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. The company currently falls under 'Small-Cap' category with a total capitalization of 437.89 M. Obsidian Energy runs under Oil, Gas & Consumable Fuels sector within Energy industry. The entity has 74.47 M outstanding shares of which 3.22 M shares are now shorted by investors with about 9.18 days to cover. Obsidian Energy has about 9.2 M in cash with 352.7 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.11.
Check Obsidian Energy Probability Of Bankruptcy
Ownership Allocation
Obsidian Energy owns a total of 74.47 Million outstanding shares. Roughly 73.44 pct. of Obsidian Energy outstanding shares are held by general public with 2.75 % owned by insiders and only 23.81 (%) by third-party entities. Please note that no matter how many assets the company maintains, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check Obsidian Ownership Details

Obsidian Energy Historical Income Statement

At present, Obsidian Energy's EBIT is projected to increase significantly based on the last few years of reporting. The current year's EBITDA is expected to grow to about 704.1 M, whereas Total Revenue is forecasted to decline to about 620.6 M. View More Fundamentals

Obsidian Stock Against Markets

Obsidian Energy Corporate Management

Jay McGilvarySenior DevelopmentProfile
William SwadlingVice OperationsProfile
Gary SykesSenior DevelopmentProfile
Mark HawkinsGeneral LegalProfile
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 Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
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
1.02
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.