Obsidian Energy (OBE)

• Market cap: $398M
• 1 day: -0.56%
• 5 days: 6.57%
• 1 month: -4.12%
• 3 months: -4.12%
• 6 months: -28.09%
• Year to date: -20.27%
• 1 year: -25.49%
• 5 years: 643.16%
• 10 years: -39.82%

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

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]