Obsidian Energy Ltd

Company Profile

Obsidian Energy Ltd had its IPO on 2020-04-02 under the ticker symbol OBE.

The company operates in the Energy sector and Oil & Gas E&P industry. Obsidian Energy Ltd has a staff strength of 191 employees.

Stock update

Shares of Obsidian Energy Ltd opened at $7.51 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $7.51 - $7.84, and closed at $7.73.

This is a +3.76% increase from the previous day's closing price.

A total volume of 672,459 shares were traded at the close of the day’s session.

In the last one week, shares of Obsidian Energy Ltd have increased by +5.46%.

Obsidian Energy Ltd's Key Ratios

Obsidian Energy Ltd has a market cap of $591.51 million, indicating a price to book ratio of 0.8237 and a price to sales ratio of 0.7883.

In the last 12-months Obsidian Energy Ltd’s revenue was $673.90 million with a gross profit of $549.10 million and an EBITDA of $785.27 million. The EBITDA ratio measures Obsidian Energy Ltd's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Obsidian Energy Ltd’s operating margin was 79.75% while its return on assets stood at 17.83% with a return of equity of 57.19%.

In Q2, Obsidian Energy Ltd’s quarterly earnings growth was a negative -83.7% while revenue growth was a negative 35.3%.

Obsidian Energy Ltd’s PE and PEG Ratio

Forward PE

3.6114

Trailing PE

1.1242

PEG

Its diluted EPS in the last 12-months stands at $6.52 per share while it has a forward price to earnings multiple of 3.6114 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Obsidian Energy Ltd’s profitability.

Obsidian Energy Ltd stock is trading at a EV to sales ratio of 0.8792 and a EV to EBITDA ratio of 1.8205. Its price to sales ratio in the trailing 12-months stood at 0.7883.

Obsidian Energy Ltd stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$2.23 billion

Total Liabilities

$177.40 million

Operating Cash Flow

$-176300000.00

Capital Expenditure

$39.60 million

Dividend Payout Ratio

0%

Obsidian Energy Ltd ended 2024 with $2.23 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $2.23 billion while shareholder equity stood at $1.62 billion.

Obsidian Energy Ltd ended 2024 with $0 in deferred long-term liabilities, $177.40 million in other current liabilities, 2211600000.00 in common stock, $-694500000.00 in retained earnings and $0 in goodwill. Its cash balance stood at $100000.00 and cash and short-term investments were $100000.00. The company’s total short-term debt was $7,200,000 while long-term debt stood at $270.20 million.

Obsidian Energy Ltd’s total current assets stands at $94.30 million while long-term investments were $0 and short-term investments were $0. Its net receivables were $69.60 million compared to accounts payable of $0 and inventory worth $7.40 million.

In 2024, Obsidian Energy Ltd's operating cash flow was $-176300000.00 while its capital expenditure stood at $39.60 million.

Comparatively, Obsidian Energy Ltd paid $0 in dividends in 2024.

Other key metrics

Current Trading Price

$7.73

52-Week High

$10.33

52-Week Low

$5.33

Analyst Target Price

$9.21

Obsidian Energy Ltd stock is currently trading at $7.73 per share. It touched a 52-week high of $10.33 and a 52-week low of $10.33. Analysts tracking the stock have a 12-month average target price of $9.21.

Its 50-day moving average was $6.75 and 200-day moving average was $6.52 The short ratio stood at 10.88 indicating a short percent outstanding of 0%.

Around 114% of the company’s stock are held by insiders while 1980.4% are held by institutions.