(OBE) Obsidian Energy - Overview

Exchange: NYSE MKT • Country: Canada • Currency: USD • Type: Common Stock • ISIN: CA6744822033

Stock: Oil, Gas, Light-Oil, Heavy-Oil, Natural-Gas

Total Rating 51

Risk 78

Buy Signal 0.79

Oil & Gas E&P » Oil & Gas Exploration & Production
Age: 5.9y

Market Cap: 484m
Avg Trading Vol: 3.82M USD

ATR: 4.77%
Peers RS (IBD): 88.24

EPS (Earnings per Share)

EPS CAGR: -2.53%
EPS Trend: -44.7%

Last SUE: -0.06
Qual. Beats: 0

Revenue

Rev. CAGR: -4.95%
Rev. Trend: -43.9%

Last SUE: 0.70
Qual. Beats: 0

Risk 5d forecast
Volatility	51.8%
Relative Tail Risk	-1.38%

Reward TTM
Sharpe Ratio	0.88
Alpha	21.22

Character TTM
Beta	1.314
Beta Downside	2.150

Drawdowns 3y
Max DD	56.40%
CAGR/Max DD	0.06

Description: OBE Obsidian Energy December 28, 2025

Obsidian Energy Ltd. (NYSE MKT: OBE) is a Calgary-based E&P company focused on the exploration, development, and production of oil and natural gas assets in Western Canada. Its portfolio spans unitized and non-unitized light oil, heavy oil, and natural gas wells, inheriting the legacy of Penn West Petroleum after rebranding in June 2017.

Key recent metrics: Q4 2023 net production averaged 23 Mbbl eq/d, a 7 % increase year-over-year, driven largely by higher light-oil output in the Pembina and Duvernay basins. The company reported a cash flow-adjusted net debt of C$210 million, reflecting a disciplined deleveraging program. A primary economic driver remains the WTI-linked price spread, which has widened by roughly 12 % since early 2023, supporting margin expansion for Canadian light-oil producers.

For a deeper, data-rich analysis of OBE’s valuation dynamics, consider reviewing the company’s profile on ValueRay.

Piotroski VR‑10 (Strict, 0-10) 3.0

Net Income: -237.3m TTM > 0 and > 6% of Revenue
FCF/TA: -0.00 > 0.02 and ΔFCF/TA 3.05 > 1.0
NWC/Revenue: -11.43% < 20% (prev -19.65%; Δ 8.22% < -1%)
CFO/TA 0.17 > 3% & CFO 312.3m > Net Income -237.3m
Net Debt (148.6m) to EBITDA (333.6m): 0.45 < 3
Current Ratio: 0.52 > 1.5 & < 3
Outstanding Shares: last quarter (68.9m) vs 12m ago -12.78% < -2%
Gross Margin: -1.77% > 18% (prev 0.53%; Δ -230.4% > 0.5%)
Asset Turnover: 33.52% > 50% (prev 29.06%; Δ 4.47% > 0%)
Interest Coverage Ratio: -13.27 > 6 (EBITDA TTM 333.6m / Interest Expense TTM 21.8m)

Altman Z'' 1.03

A: -0.04 (Total Current Assets 88.9m - Total Current Liabilities 169.4m) / Total Assets 1.80b
B: -0.44 (Retained Earnings -790.5m / Total Assets 1.80b)
C: -0.14 (EBIT TTM -289.5m / Avg Total Assets 2.10b)
D: 3.50 (Book Value of Equity 1.40b / Total Liabilities 400.3m)
Altman-Z'' Score: 1.03 = BB

Beneish M -3.06

DSRI: 0.69 (Receivables 60.9m/87.8m, Revenue 704.5m/697.3m)
GMI: 1.00 (fallback, negative margins)
AQI: 1.89 (AQ_t 0.15 / AQ_t-1 0.08)
SGI: 1.01 (Revenue 704.5m / 697.3m)
TATA: -0.30 (NI -237.3m - CFO 312.3m) / TA 1.80b)
Beneish M-Score: -3.06 (Cap -4..+1) = AA

What is the price of OBE shares?

As of February 08, 2026, the stock is trading at USD 7.53 with a total of 565,219 shares traded.
Over the past week, the price has changed by +4.44%, over one month by +27.20%, over three months by +33.04% and over the past year by +44.81%.

Is OBE a buy, sell or hold?

Obsidian Energy has received a consensus analysts rating of 3.75. Therefor, it is recommend to hold OBE.

StrongBuy: 1
Buy: 1
Hold: 2
Sell: 0
StrongSell: 0

What are the forecasts/targets for the OBE price?

Issuer	Target	Up/Down from current
Wallstreet Target Price	6.8	-9.8%
Analysts Target Price	6.8	-9.8%
ValueRay Target Price	8.1	6.9%

OBE Fundamental Data Overview February 03, 2026

Market Cap CAD = 661.2m (483.9m USD * 1.3664 USD.CAD)
P/E Forward = 144.9275
P/S = 0.7872
P/B = 0.4864
Revenue TTM = 704.5m CAD
EBIT TTM = -289.5m CAD
EBITDA TTM = 333.6m CAD
Long Term Debt = 145.4m CAD (from longTermDebt, last quarter)
Short Term Debt = 1.80m CAD (from shortTermDebt, last quarter)
Debt = 149.6m CAD (from shortLongTermDebtTotal, last quarter)
Net Debt = 148.6m CAD (from netDebt column, last quarter)
Enterprise Value = 809.8m CAD (661.2m + Debt 149.6m - CCE 1.00m)
Interest Coverage Ratio = -13.27 (Ebit TTM -289.5m / Interest Expense TTM 21.8m)
EV/FCF = -180.0x (Enterprise Value 809.8m / FCF TTM -4.50m)
FCF Yield = -0.56% (FCF TTM -4.50m / Enterprise Value 809.8m)
FCF Margin = -0.64% (FCF TTM -4.50m / Revenue TTM 704.5m)
Net Margin = -33.68% (Net Income TTM -237.3m / Revenue TTM 704.5m)
Gross Margin = -1.77% ((Revenue TTM 704.5m - Cost of Revenue TTM 717.0m) / Revenue TTM)
Gross Margin QoQ = 53.06% (prev 54.56%)
Tobins Q-Ratio = 0.45 (Enterprise Value 809.8m / Total Assets 1.80b)
Interest Expense / Debt = 3.14% (Interest Expense 4.70m / Debt 149.6m)
Taxrate = 2.33% (400.0k / 17.2m)
NOPAT = -282.8m (EBIT -289.5m * (1 - 2.33%)) [loss with tax shield]
Current Ratio = 0.52 (Total Current Assets 88.9m / Total Current Liabilities 169.4m)
Debt / Equity = 0.11 (Debt 149.6m / totalStockholderEquity, last quarter 1.40b)
Debt / EBITDA = 0.45 (Net Debt 148.6m / EBITDA 333.6m)
Debt / FCF = -33.02 (negative FCF - burning cash) (Net Debt 148.6m / FCF TTM -4.50m)
Total Stockholder Equity = 1.40b (last 4 quarters mean from totalStockholderEquity)
RoA = -11.29% (Net Income -237.3m / Total Assets 1.80b)
RoE = -16.91% (Net Income TTM -237.3m / Total Stockholder Equity 1.40b)
RoCE = -18.69% (EBIT -289.5m / Capital Employed (Equity 1.40b + L.T.Debt 145.4m))
RoIC = -16.96% (negative operating profit) (NOPAT -282.8m / Invested Capital 1.67b)
WACC = 9.34% (E(661.2m)/V(810.8m) * Re(10.76%) + D(149.6m)/V(810.8m) * Rd(3.14%) * (1-Tc(0.02)))
Discount Rate = 10.76% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -100.0 | Cagr: -8.15%
Fair Price DCF = unknown (Cash Flow -4.50m)
EPS Correlation: -44.71 | EPS CAGR: -2.53% | SUE: -0.06 | # QB: 0
Revenue Correlation: -43.87 | Revenue CAGR: -4.95% | SUE: 0.70 | # QB: 0
EPS next Year (2026-12-31): EPS=0.07 | Chg30d=+0.020 | Revisions Net=+1 | Growth EPS=-91.7% | Growth Revenue=+13.7%

Additional Sources for OBE Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
Fund Manager Positions: Dataroma | Stockcircle