Snowflake Score | |
---|---|
Valuation | 5/6 |
Future Growth | 0/6 |
Past Performance | 3/6 |
Financial Health | 2/6 |
Dividends | 0/6 |
OBE Stock Overview
Obsidian Energy Ltd. primarily focuses on the exploration, production, and development of oil and natural gas properties in the Western Canada Sedimentary Basin.
Rewards
Risk Analysis
Earnings are forecast to decline by an average of 53.3% per year for the next 3 years
+ 1 more risk
Obsidian Energy Competitors
Price History & Performance
Historical stock prices | |
---|---|
Current Share Price | CA$10.51 |
52 Week High | CA$12.38 |
52 Week Low | CA$1.95 |
Beta | 3.18 |
1 Month Change | -3.84% |
3 Month Change | 8.24% |
1 Year Change | 422.89% |
3 Year Change | 341.60% |
5 Year Change | -23.79% |
Change since IPO | 114.49% |
Recent News & Updates
Why Obsidian Energy's (TSE:OBE) Earnings Are Weaker Than They Seem
Even though Obsidian Energy Ltd. ( TSE:OBE ) posted strong earnings recently, the stock hasn't reacted in a large way...
Shareholder Returns
OBE | CA Oil and Gas | CA Market | |
---|---|---|---|
7D | 9.9% | 2.9% | 0.8% |
1Y | 422.9% | 60.3% | 4.8% |
Return vs Industry: OBE exceeded the Canadian Oil and Gas industry which returned 60.3% over the past year.
Return vs Market: OBE exceeded the Canadian Market which returned 4.8% over the past year.
Price Volatility
OBE volatility | |
---|---|
OBE Average Weekly Movement | 9.8% |
Oil and Gas Industry Average Movement | 10.2% |
Market Average Movement | 9.9% |
10% most volatile stocks in CA Market | 16.9% |
10% least volatile stocks in CA Market | 4.4% |
Stable Share Price: OBE is not significantly more volatile than the rest of Canadian stocks over the past 3 months, typically moving +/- 10% a week.
Volatility Over Time: OBE's weekly volatility (10%) has been stable over the past year.
About the Company
Founded | Employees | CEO | Website |
---|---|---|---|
n/a | 173 | Stephen Loukas | https://www.obsidianenergy.com |
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.
Obsidian Energy Fundamentals Summary
OBE fundamental statistics | |
---|---|
Market Cap | CA$862.63m |
Earnings (TTM) | CA$414.60m |
Revenue (TTM) | CA$537.50m |
2.1x
P/E Ratio1.6x
P/S RatioIs OBE overvalued?
See Fair Value and valuation analysisEarnings & Revenue
OBE income statement (TTM) | |
---|---|
Revenue | CA$537.50m |
Cost of Revenue | CA$174.80m |
Gross Profit | CA$362.70m |
Other Expenses | -CA$51.90m |
Earnings | CA$414.60m |
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
n/a
Earnings per share (EPS) | 5.05 |
Gross Margin | 67.48% |
Net Profit Margin | 77.13% |
Debt/Equity Ratio | 47.1% |
How did OBE perform over the long term?
See historical performance and comparisonValuation
Is Obsidian Energy undervalued compared to its fair value and its price relative to the market?
Valuation Score
5/6Valuation Score 5/6
Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PEG Ratio
PB vs Industry
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: OBE (CA$10.51) is trading below our estimate of fair value (CA$63.63)
Significantly Below Fair Value: OBE is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: OBE is good value based on its PE Ratio (2.1x) compared to the Canadian Oil and Gas industry average (8.6x).
PE vs Market: OBE is good value based on its PE Ratio (2.1x) compared to the Canadian market (11.5x).
Price to Earnings Growth Ratio
PEG Ratio: OBE's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: OBE is good value based on its PB Ratio (1.1x) compared to the CA Oil and Gas industry average (2.1x).
Future Growth
How is Obsidian Energy forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Future Growth Score
0/6Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE
-53.3%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: OBE's earnings are forecast to decline over the next 3 years (-53.3% per year).
Earnings vs Market: OBE's earnings are forecast to decline over the next 3 years (-53.3% per year).
High Growth Earnings: OBE's earnings are forecast to decline over the next 3 years.
Revenue vs Market: OBE's revenue (2.8% per year) is forecast to grow slower than the Canadian market (6.4% per year).
High Growth Revenue: OBE's revenue (2.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if OBE's Return on Equity is forecast to be high in 3 years time
Past Performance
How has Obsidian Energy performed over the past 5 years?
Past Performance Score
3/6Past Performance Score 3/6
Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE
14.5%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: OBE has a high level of non-cash earnings.
Growing Profit Margin: OBE became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: OBE has become profitable over the past 5 years, growing earnings by 14.5% per year.
Accelerating Growth: OBE has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: OBE has become profitable in the last year, making it difficult to compare its past year earnings growth to the Oil and Gas industry (185%).
Return on Equity
High ROE: OBE's Return on Equity (52.5%) is considered outstanding.
Financial Health
How is Obsidian Energy's financial position?
Financial Health Score
2/6Financial Health Score 2/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage
Financial Position Analysis
Short Term Liabilities: OBE's short term assets (CA$112.2M) do not cover its short term liabilities (CA$596.2M).
Long Term Liabilities: OBE's short term assets (CA$112.2M) do not cover its long term liabilities (CA$132.4M).
Debt to Equity History and Analysis
Debt Level: OBE's net debt to equity ratio (46.4%) is considered high.
Reducing Debt: OBE's debt to equity ratio has increased from 16.9% to 47.1% over the past 5 years.
Debt Coverage: OBE's debt is well covered by operating cash flow (68.4%).
Interest Coverage: OBE's interest payments on its debt are well covered by EBIT (14.5x coverage).
Balance Sheet
Dividend
What is Obsidian Energy current dividend yield, its reliability and sustainability?
Dividend Score
0/6Dividend Score 0/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage
Dividend Yield vs Market
Notable Dividend: Unable to evaluate OBE's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate OBE's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if OBE's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if OBE's dividend payments have been increasing.
Earnings Payout to Shareholders
Earnings Coverage: OBE is not paying a notable dividend for the Canadian market.
Cash Payout to Shareholders
Cash Flow Coverage: Unable to calculate sustainability of dividends as OBE has not reported any payouts.
Discover strong dividend paying companies
Management
How experienced are the management team and are they aligned to shareholders interests?
2.4yrs
Average management tenure
CEO
Stephen Loukas (43 yo)
2.42yrs
Tenure
CA$2,265,075
Compensation
Mr. Stephen Elias Loukas serves as a Managing Member, Partner and Portfolio Manager at FrontFour Capital Group LLC. Mr. Loukas serves as Director, Interim Chief Executive Officer and President of Obsidian...
CEO Compensation Analysis
Compensation vs Market: Stephen's total compensation ($USD1.76M) is about average for companies of similar size in the Canadian market ($USD1.54M).
Compensation vs Earnings: Stephen's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: OBE's management team is considered experienced (2.4 years average tenure).
Board Members
Experienced Board: OBE's board of directors are considered experienced (4.4 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: OBE insiders have sold more shares than they have bought in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 10.5%.
Top Shareholders
Company Information
Obsidian Energy Ltd.'s employee growth, exchange listings and data sources
Key Information
- Name: Obsidian Energy Ltd.
- Ticker: OBE
- Exchange: TSX
- Founded: NaN
- Industry: Oil and Gas Exploration and Production
- Sector: Energy
- Implied Market Cap: CA$862.632m
- Shares outstanding: 82.08m
- Website: https://www.obsidianenergy.com
Number of Employees
Location
- Obsidian Energy Ltd.
- 207 – 9th Avenue SW
- Suite 200
- Calgary
- Alberta
- T2P 1K3
- Canada
Listings
Company Analysis and Financial Data Status
Data | Last Updated (UTC time) |
---|---|
Company Analysis | 2022/05/21 00:00 |
End of Day Share Price | 2022/05/20 00:00 |
Earnings | 2022/03/31 |
Annual Earnings | 2021/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.