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: 203
0
Funds holding %
of 7,407 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
50% more repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 22
16% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 19
14% more capital invested
Capital invested by funds: $65.1M [Q3] → $74.2M (+$9.06M) [Q4]
13% more call options, than puts
Call options by funds: $700K | Put options by funds: $618K
2% more funds holding
Funds holding: 103 [Q3] → 105 (+2) [Q4]
1.34% more ownership
Funds ownership: 15.36% [Q3] → 16.7% (+1.34%) [Q4]
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
Low target
$10
110%
upside
Avg. target
$10
110%
upside
High target
$10
110%
upside
1 analyst rating
0 positive
0%
1 neutral
100%
0 negative
0%
RBC Capital | 110%upside $10 | Sector Perform Downgraded | 17 Apr 2025 |
Financial journalist opinion
Neutral
Newsfile Corp
1 week ago
Obsidian Energy Announces Closing of the Operated Pembina Asset Sale for ~ $320 Million
Provides Update on Syndicated Credit Facility Calgary, Alberta--(Newsfile Corp. - April 7, 2025) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") is pleased to announce that we have closed our previously announced divestiture of our operated Pembina assets (the "Pembina Assets") to InPlay Oil Corp. (TSX: IPO) ("InPlay") (collectively, the "Transaction").
Neutral
Newsfile Corp
1 month ago
Obsidian Energy Provides Update on Offer to Purchase $3.0 Million of our Outstanding Senior Unsecured Notes
Calgary, Alberta--(Newsfile Corp. - March 14, 2025) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") today provides an update on the previously announced offer (the "Offer") to purchase for cash, up to an aggregate amount of $3.0 million of our outstanding 11.95 percent Senior Unsecured Notes due July 27, 2027 (the "Notes").
Neutral
Newsfile Corp
1 month ago
Obsidian Energy Announces Launch of an Offer to Purchase up to $3.0 Million of our Outstanding Senior Unsecured Notes
Calgary, Alberta--(Newsfile Corp. - February 26, 2025) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") today announced that we have commenced an offer (the "Offer") to purchase for cash, up to an aggregate amount of $3.0 million (the "Maximum Purchase Consideration") of our outstanding 11.95 percent Senior Unsecured Notes due July 27, 2027, ISINs CA674482AA25 (Restricted), CA674482AB08 (144A) and CA674482AC80 (Regulation D), CUSIP Nos.
Neutral
Newsfile Corp
1 month ago
Obsidian Energy Confirms Filing of Its 2024 Year End Disclosure Documents
Calgary, Alberta--(Newsfile Corp. - February 25, 2025) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") announces that it has filed with Canadian securities regulatory authorities its audited Consolidated Financial Statements for the year ended December 31, 2024, and related Management's Discussion and Analysis ("MD&A").
Neutral
Newsfile Corp
1 month ago
Obsidian Energy Announces First Half 2025 Capital Program and Guidance
Capital plan of 38 net operated wells weighted towards Peace River asset, following up on our 2024 development program Initiation of Clearwater waterflood program to support future Peace River growth Calgary, Alberta--(Newsfile Corp. - February 25, 2025) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") is pleased to announce our first half 2025 capital plan and financial guidance that builds on the success of our 2024 program.
Neutral
Newsfile Corp
1 month ago
Obsidian Energy Announces Fourth Quarter and Full Year 2024 Results
Generated $432.0 million of funds flow from operations, representing a 14 percent increase over 2023 (22 percent on a per share basis) representing a 14 percent increase over 2023 (22 percent on a per share basis) Average 2024 production increased 16 percent to 37,474 boe/d over 2023 Repurchased and cancelled six percent of shares outstanding for $41.7 million in 2024 2024 capital program increased production, reserves, and funds flow from operations, and added both Clearwater and Bluesky locations to support Peace River growth Calgary, Alberta--(Newsfile Corp. - February 25, 2025) - 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 fourth quarter and full year of 2024.
Neutral
Newsfile Corp
1 month ago
Obsidian Energy Announces Sale of Operated Pembina Assets for $320 Million in Cash, Equity and Assets
Obsidian Energy to receive $220 million in cash, $85 million in equity and a 34.6 percent interest in the Willesden Green Cardium Unit #2 Field, subject to adjustment in certain circumstances Transaction results in significantly reduced debt and enhanced liquidity Positions Obsidian Energy to continue growth and delineation of Peace River asset with additional optionality from remaining light oil business Calgary, Alberta--(Newsfile Corp. - February 19, 2025) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") is pleased to announce that the Company has entered into a definitive asset purchase and sale agreement (the "Agreement") with Calgary-based InPlay Oil Corp. ("InPlay") (TSX: IPO).
Neutral
Newsfile Corp
2 months ago
Obsidian Energy Announces Increase in 2024 Reserves Across All Categories
Reserve replacement of 146 percent, 229 percent and 296 percent of 2024 production on a proved developed producing ("PDP") reserves, proved ("1P") reserves, and proved plus probable("2P") reserves basis, respectively 1P reserve value increased 23 percent on a per share basis to $2.3 billion (before-tax, discounted at 10 percent) Added 107 new locations to our 2P Peace River reserves, totalling 160 net locations for the area Calgary, Alberta--(Newsfile Corp. - February 4, 2025) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") is pleased to announce the results of our independent reserves evaluation for the year ended December 31, 2024 (the "2024 Reserve Report") prepared by GLJ Ltd.
Neutral
Seeking Alpha
2 months ago
Obsidian Energy: Q4 2024 Production Exceeds Expectations At 40,000 BOEPD
Obsidian's Q4 2024 production ended up at approximately 40,000 BOEPD. The company looks capable of meeting its 50,000 BOEPD target for 2026 if it chooses to. The threat of tariffs could slow down near-term growth and result in a more conservative growth.
Neutral
Newsfile Corp
3 months ago
Obsidian Energy Announces 2024 Operations Update and Commencement of 2025 Drilling Program
Estimated 2024 average production of approximately 37,450 boe/d exceeded the top end of our guidance range Completion of 2024 capital program provided furthers delineation of Peace River acreage Successful results from first wells drilled in new Peavine and Gift Lake areas in Peace River with the Peavine 8-13 Pad achieving an average 30-day initial production ("IP") rate of 302 boe/d (100 percent oil) per well Pembina results exceeded expectations with current production of over 1,100 boe/d from the two-well 12-19 Pad Calgary, Alberta--(Newsfile Corp. - January 14, 2025) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") is pleased to provide an operational update on our second half 2024 development program with all wells rig released as scheduled.
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