OBE
Obsidian EnergyOBE
OBE
About: Obsidian Energy Ltd is an intermediate-sized oil and gas producer with strategic assets in Alberta. It operates in a single reporting segment that is exploration, development, and holding an interest in oil and natural gas properties and related production infrastructure in the Western Canada Sedimentary Basin. The company generates the majority of the revenue from the Crude oil sale.
Employees: 198
0
Funds holding %
of 6,809 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
49% more call options, than puts
Call options by funds: $990K | Put options by funds: $663K
6% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 16
1% more funds holding
Funds holding: 102 [Q2] → 103 (+1) [Q3]
2.89% less ownership
Funds ownership: 18.25% [Q2] → 15.36% (-2.89%) [Q3]
39% less repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 33
57% less capital invested
Capital invested by funds: $150M [Q2] → $65.1M (-$84.9M) [Q3]
Research analyst outlook
We haven’t received any recent analyst ratings for OBE.
Financial journalist opinion
Positive
Seeking Alpha
2 weeks ago
Obsidian Energy: A Flexible Way To Add Heavy Oil Production
Obsidian Energy has achieved a roughly 20% production increase. The company benefits from historically acquired, low-cost acreage. The historically acquired acreage has increased in value because of technological advances.
Neutral
Newsfile Corp
1 month ago
Obsidian Energy Announces Third Quarter 2024 Results
Higher third quarter funds flow from operations of $124.7 million ($1.64 per share) — a 34 percent increase over the third quarter of 2023 on a per share basis 2024 average production expected to be at the top end of guidance range Robust Clearwater exploration/appraisal drilling results at West Dawson establishes new development field Calgary, Alberta--(Newsfile Corp. - October 31, 2024) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") is pleased to report our operating and financial results for the third quarter of 2024.
Neutral
Newsfile Corp
2 months ago
Obsidian Energy Announces Date of Third Quarter 2024 Results
Calgary, Alberta--(Newsfile Corp. - October 24, 2024) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") expects to release our third quarter 2024 financial and operational results (the "Release") before North American markets open on Thursday, October 31, 2024.
Neutral
Newsfile Corp
2 months ago
Obsidian Energy Announces Syndicated Credit Facility Increase to $300 Million
Calgary, Alberta--(Newsfile Corp. - October 7, 2024) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") today announced an increase to our syndicated credit facility (the "Credit Facility") along with the substantial repayment of our term loan (the "Term Loan").
Neutral
Newsfile Corp
2 months ago
Obsidian Energy Announces Increased 2024 Production Guidance and Revised Capital Program
• Revised 2024 guidance range upward to 37,000 to 37,400 boe/d with continued outperformance of development program • Recalibrated fourth quarter 2024 capital program to allow incremental share buybacks and additional debt reduction • Licensed initial well targeting Belly River formation in Willesden Green to be drilled in the fourth quarter Calgary, Alberta--(Newsfile Corp. - September 30, 2024) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") is pleased to provide an update to our 2024 guidance that includes ongoing strong second half 2024 drilling results that continue to exceed our initial expectations.
Neutral
Newsfile Corp
3 months ago
Obsidian Energy Announces Strong Peace River Results and Upwardly Revised Guidance
• Increased August average production to ~40,000 boe/d (based on internal field estimates) • Grew Peace River total average production to ~11,500 boe/d, which included ~3,800 boe/d of Clearwater production (based on internal field estimates) • Revised 2024 guidance range upwardly to reflect higher production midpoint Calgary, Alberta--(Newsfile Corp. - September 9, 2024) - OBSIDIAN ENERGY LTD. (TSX: OBE) ( NYSE American: OBE) (" Obsidian Energy ", the " Company ", " we ", " us " or " our ") is pleased to provide an operational update that includes strong drilling results from our current development program that, in aggregate, exceed our initial expectations, driving an associated increase in the bottom-end and midpoint of our 2024 production guidance.
Neutral
Newsfile Corp
4 months ago
Obsidian Energy Announces Filing of Resale Shelf Registration Statement for Administrative Purposes
Calgary, Alberta--(Newsfile Corp. - August 5, 2024) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") announced that it has filed a resale shelf registration statement on Form F-3 with the U.S. Securities and Exchange Commission (the "SEC") on August 2, 2024, for administrative purposes related to the holdings of Stephen Loukas, the Company's President and Chief Executive Officer and John Brydson, an independent member of the Board of Directors.
Neutral
Newsfile Corp
4 months ago
Obsidian Energy Announces Second Quarter 2024 Results
Grew year-over-year average daily production by 15 percent to 35,773 boe/d Increased funds flow from operations by 41 percent on a per share basis to $115.2 million ($1.51 per share) Completed first half capital program with 34 (33.4 net) operated wells rig released and 33 (32.4 net) wells brought on production Completed the Peace River Clearwater acquisition, expanding our land base to 680 net sections with the addition of 148 net sections and production of 1,700 boe/d Calgary, Alberta--(Newsfile Corp. - August 1, 2024) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") is pleased to report strong operating and financial results for the second quarter of 2024.
Neutral
Newsfile Corp
5 months ago
Obsidian Energy Announces Date of Second Quarter 2024 Results
Calgary, Alberta--(Newsfile Corp. - July 25, 2024) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") expects to release our second quarter 2024 financial and operational results (the "Release") before North American markets open on Thursday, August 1, 2024.
Neutral
Newsfile Corp
6 months ago
Obsidian Energy Announces Closing of Peace River Acquisition
Calgary, Alberta--(Newsfile Corp. - June 26, 2024) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") is pleased to announce it has closed its previously announced acquisition of approximately 1,700 boe/d (100 percent oil, based on April 2024 actual production) of Clearwater production and 148 net sections of land in the Peace River area (the "Acquisition") from a third-party (the "Vendor").
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