Obsidian Energy Ltd.

TSX:OBE Stock Report

Market Cap: CA$577.4m

Obsidian Energy Management

Management criteria checks 3/4

Obsidian Energy's CEO is Steve Loukas, appointed in Dec 2019, has a tenure of 6.58 years. total yearly compensation is CA$3.30M, comprised of 15.9% salary and 84.1% bonuses, including company stock and options. directly owns 1.16% of the company’s shares, worth CA$6.71M. The average tenure of the management team and the board of directors is 5 years and 6.9 years respectively.

Key information

Steve Loukas

Chief executive officer

CA$3.3m

Total compensation

CEO salary percentage15.9%
CEO tenure5yrs
CEO ownership1.2%
Management average tenure5yrs
Board average tenure6.9yrs

Recent management updates

Recent updates

Does Obsidian Energy (TSE:OBE) Have A Healthy Balance Sheet?

Nov 07
Does Obsidian Energy (TSE:OBE) Have A Healthy Balance Sheet?

Cautious Investors Not Rewarding Obsidian Energy Ltd.'s (TSE:OBE) Performance Completely

Apr 27
Cautious Investors Not Rewarding Obsidian Energy Ltd.'s (TSE:OBE) Performance Completely

These 4 Measures Indicate That Obsidian Energy (TSE:OBE) Is Using Debt Extensively

Feb 18
These 4 Measures Indicate That Obsidian Energy (TSE:OBE) Is Using Debt Extensively

A Piece Of The Puzzle Missing From Obsidian Energy Ltd.'s (TSE:OBE) Share Price

Aug 01
A Piece Of The Puzzle Missing From Obsidian Energy Ltd.'s (TSE:OBE) Share Price

Why Obsidian Energy's (TSE:OBE) Earnings Are Weaker Than They Seem

May 12
Why Obsidian Energy's (TSE:OBE) Earnings Are Weaker Than They Seem

CEO Compensation Analysis

How has Steve Loukas's remuneration changed compared to Obsidian Energy's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

CA$117m

Jun 30 2024n/an/a

CA$108m

Mar 31 2024n/an/a

CA$89m

Dec 31 2023CA$3mCA$525k

CA$108m

Sep 30 2023n/an/a

CA$705m

Jun 30 2023n/an/a

CA$721m

Mar 31 2023n/an/a

CA$817m

Dec 31 2022CA$4mCA$650k

CA$810m

Sep 30 2022n/an/a

CA$200m

Jun 30 2022n/an/a

CA$206m

Mar 31 2022n/an/a

CA$415m

Dec 31 2021CA$2mCA$645k

CA$414m

Sep 30 2021n/an/a

CA$393m

Jun 30 2021n/an/a

CA$343m

Mar 31 2021n/an/a

-CA$900k

Dec 31 2020CA$2mCA$580k

-CA$772m

Sep 30 2020n/an/a

-CA$1b

Jun 30 2020n/an/a

-CA$1b

Mar 31 2020n/an/a

-CA$1b

Dec 31 2019CA$791kCA$45k

-CA$788m

Sep 30 2019n/an/a

-CA$357m

Jun 30 2019n/an/a

-CA$360m

Mar 31 2019n/an/a

-CA$294m

Dec 31 2018CA$47kn/a

-CA$305m

Compensation vs Market: Steve's total compensation ($USD2.29M) is above average for companies of similar size in the Canadian market ($USD1.17M).

Compensation vs Earnings: Steve's compensation has been consistent with company performance over the past year.

CEO

Steve Loukas (46 yo)

5yrs

Tenure

CA$3,295,888

Compensation

Mr. Stephen Elias Loukas, also known as Steve, serves as Chief Executive Officer and President of Obsidian Energy Ltd. since February 22, 2023 and serves as its Director since May 11, 2018. He serves as a...

Leadership Team

NamePositionTenureCompensationOwnership
Stephen Loukas
President5yrsCA$3.30m1.16%
CA$ 6.7m
Peter Scott
Senior VP & CFO5yrsCA$1.42m0.23%
CA$ 1.3m
William Swadling
Vice President of Operations2.9yrsCA$1.22m0.26%
CA$ 1.5m
Mark Hawkins
VP of Legalno dataCA$1.15m0.089%
CA$ 516.0k
Gary Sykes
Senior Vice President of Commercial & Development5.1yrsCA$1.42mno data

5.0yrs

Average Tenure

Experienced Management: OBE's management team is seasoned and experienced (5 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Stephen Loukas
President6.6yrsCA$3.30m1.16%
CA$ 6.7m
Edward Kernaghan
Independent Director6.9yrsCA$145.00k0.47%
CA$ 2.7m
Gordon Ritchie
Independent Chairman of the Board7yrsCA$193.50k0.16%
CA$ 906.6k
Michael Faust
Independent Director6.6yrsCA$156.63k0.13%
CA$ 761.4k
John Brydson
Independent Director10.5yrsCA$159.63k0.66%
CA$ 3.8m
Raymond Crossley
Independent Director9.8yrsCA$163.75k0.0063%
CA$ 36.6k
Shani Bosman
Independent Director2.6yrsCA$143.50k0.013%
CA$ 77.6k

6.9yrs

Average Tenure

63yo

Average Age

Experienced Board: OBE's board of directors are considered experienced (6.9 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/27 06:47
End of Day Share Price 2024/12/27 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Obsidian Energy Ltd. is covered by 28 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Patrick O'RourkeATB Capital Markets
Grant HoferBarclays
Randy OllenbergerBMO Capital Markets Equity Research