Obsidian Energy Ltd.

TSX:OBE Stock Report

Market Cap: CA$763.9m

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$3.52M, comprised of 15% salary and 85% bonuses, including company stock and options. directly owns 2.69% of the company’s shares, worth CA$20.55M. The average tenure of the management team and the board of directors is 6.6 years and 8.5 years respectively.

Key information

Steve Loukas

Chief executive officer

CA$3.5m

Total compensation

CEO salary percentage15.01%
CEO tenure6.6yrs
CEO ownership2.7%
Management average tenure6.6yrs
Board average tenure8.5yrs

Recent management updates

Recent updates

Analysis Article • Feb 07

Investors Still Aren't Entirely Convinced By Obsidian Energy Ltd.'s (TSE:OBE) Revenues Despite 27% Price Jump

The Obsidian Energy Ltd. ( TSE:OBE ) share price has done very well over the last month, posting an excellent gain of...
Analysis Article • May 01

Should Shareholders Reconsider Obsidian Energy Ltd.'s (TSE:OBE) CEO Compensation Package?

Key Insights Obsidian Energy's Annual General Meeting to take place on 7th of May CEO Steve Loukas' total compensation...
Analysis Article • Apr 24

Obsidian Energy Ltd.'s (TSE:OBE) Shares Not Telling The Full Story

With a price-to-sales (or "P/S") ratio of 0.6x Obsidian Energy Ltd. ( TSE:OBE ) may be sending bullish signals at the...
Analysis Article • Feb 21

Is Obsidian Energy (TSE:OBE) A Risky Investment?

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article • Jan 03

Obsidian Energy Ltd.'s (TSE:OBE) Shares Not Telling The Full Story

Obsidian Energy Ltd.'s ( TSE:OBE ) price-to-sales (or "P/S") ratio of 0.9x might make it look like a buy right now...
Analysis Article • Nov 07

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

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...
Analysis Article • Apr 27

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

You may think that with a price-to-sales (or "P/S") ratio of 1.4x Obsidian Energy Ltd. ( TSE:OBE ) is a stock worth...

CEO Compensation Analysis

How has Steve Loukas's remuneration changed compared to Obsidian Energy's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2026n/an/a

CA$1m

Dec 31 2025CA$4mCA$529k

CA$35m

Sep 30 2025n/an/a

-CA$237m

Jun 30 2025n/an/a

-CA$221m

Mar 31 2025n/an/a

-CA$199m

Dec 31 2024CA$3mCA$525k

-CA$203m

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

Compensation vs Market: Steve's total compensation ($USD2.48M) is above average for companies of similar size in the Canadian market ($USD905.28K).

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

CEO

Steve Loukas (48 yo)

6.6yrs
Tenure
CA$3,523,278
Compensation

Mr. Stephen Elias Loukas, also known as Steve, served as Independent Director of InPlay Oil Corp. from April 2025 until August 2025. Mr. Loukas serves as Chief Executive Officer and President of Obsidian E...

Leadership Team

NamePositionTenureCompensationOwnership
Stephen Loukas
President6.6yrsCA$3.52m2.69%
CA$ 20.5m
Peter Scott
Senior VP & CFO6.6yrsCA$1.41m0.37%
CA$ 2.8m
William Swadling
Vice President of Operations4.5yrsCA$1.27m0.31%
CA$ 2.3m
Mark Hawkins
VP of Legalno dataCA$1.18m0.17%
CA$ 1.3m
Gary Sykes
Senior Vice President of Commercial & Development6.7yrsCA$1.48mno data
6.6yrs
Average Tenure

Experienced Management: OBE's management team is seasoned and experienced (6.6 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Stephen Loukas
President8.2yrsCA$3.52m2.69%
CA$ 20.5m
Edward Kernaghan
Independent Director8.5yrsCA$170.06k6.16%
CA$ 47.1m
Gordon Ritchie
Independent Chairman of the Board8.6yrsCA$220.05k0.18%
CA$ 1.4m
Michael Faust
Independent Director8.2yrsCA$185.05k0.087%
CA$ 664.2k
John Brydson
Independent Director12.1yrsCA$185.06k0.74%
CA$ 5.6m
Raymond Crossley
Independent Director11.3yrsCA$190.05k0.0071%
CA$ 53.9k
Shani Bosman
Independent Director4.2yrsCA$170.06k0.015%
CA$ 114.4k
8.5yrs
Average Tenure
65yo
Average Age

Experienced Board: OBE's board of directors are considered experienced (8.5 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/07/06 06:08
End of Day Share Price 2026/07/06 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

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 Github.

Analyst Sources

Obsidian Energy Ltd. is covered by 24 analysts. 1 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 Cormark
Jonathan FlemingATB Cormark Historical (Cormark Securities)
Grant HoferBarclays