Obsidian Energy (OBE.TO) Buy, Sell or Hold

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Obsidian Energy (OBE.TO)

13.87

+0.40 (2.97%)

as of Aug 7, 2026, 8:00:00 pm Market Open.

127 watching

Investor Insights

Aug 9, 2026, 12:00 am

This summary was created by AI, based on 2 opinions in the last 12 months.

Obsidian Energy (OBE-T) has garnered attention in the market primarily due to its advantageous asset mix, comprising approximately 70% oil and 30% gas. The recent excitement surrounding its Clearwater exposure suggests potential growth opportunities, particularly given the presence of substantial tax pools that may enable the company to avoid tax obligations for the next decade. However, it does face challenges, such as a somewhat contentious leadership under the CEO, which has led to mixed sentiments among industry experts. Despite decent well results, the company's market capitalization remains small, rendering it largely irrelevant for institutional investors who are typically drawn towards larger, more stable options. For those already holding shares, the recommendation leans towards maintaining their positions, as there is potential for growth, particularly with the numerous underdeveloped acreages available.

Consensus

Hold

Valuation

Undervalued

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WATCH

On his radar. About 70% oil, 30% gas. Clearwater exposure got market excited this summer. Lots of tax pools, so probably won't pay tax for 10 years or so. Lots of underdeveloped acreage. If you own it, keep holding.

DON'T BUY

Somewhat contentious CEO. Fairly good well results. Market cap is so small as to be beyond irrelevant for almost all institutional investors. Better names to own.

DON'T BUY

Not a good investment with current management team. Other energy companies available with better opportunities.

DON'T BUY

Did a buyout that diluted their stock materially. There is pure inventory but with Clearwater optionality. Need a new Board, new CEO and not a name he would own now.

PAST TOP PICK

(A Top Pick Oct 22/18, Down 88%) He sold at $3.22, taking a big loss. They have a lot of worries. They are looking to sell the company. They might just liquidate the company, but clean up could be very expensive. He does not like stock consolidations and used that as a trigger to get out. He would not buy this now. He made a mistake -- when debt came down, so too did revenues.

DON'T BUY

The question is their ability to grow. They are going to try to sell the company. They have had declining volumes.

RISKY

They have put themselves up for sale. They are a Cardium player with quite a bit of debt. They have a lot of non-producing wells. People are worried about how much value there really is in the company after debts are paid off.

PAST TOP PICK

(A Top Pick Apr 18/18, Down 65%) There could still be a takeover. Their revenues are way down while debt has gone way up. He's moved on.

DON'T BUY

New interim president and CEO. Pretty good numbers on cardium wells. Issue is the debt. Debt is 22% of equity, but it's going the wrong way. Declining production and volumes. Not as attractive as the others. Need to show they can grow core numbers of the cardium. Guidance is negative. Capex is about equal to cash flow.

WATCH

He is watching it. The company is not going to keep their volumes flat. The CEO changed. They are guiding down on production while spending on CAP-X. He is keeping an eye on them.

HOLD

A takeover candidate? He was wrong with this. He recently moved it from a buy to a hold. It's high-risk and high-reward, has "danger" written across it. He likes the idea of a takeover, but doesn't know if it'll happen. This could be a good play in oil/gas with a lot of potential. He hasn't sold it, but at the same bankruptcy remains a real possibility.

DON'T BUY

He is watching it but it is not on his list right now. They are not experiencing very good growth right now. Their debt keeps going up. There are better names with more upside of growth.

DON'T BUY

The company has 19% debt and not a bad balance sheet, in his opinion. Book value is $3.90. It is not on his coverage list because they dropped production in their third quarter. They are spending money and not producing the assets they had before. However, this one is cheap.

DON'T BUY

Their debt level is too high for her right now. Debt levels are so important in a cyclical businesslike the energy space. They will be hurt by recent weakness in oil prices.

TOP PICK

They had over $3 Billion in debt but it is down to $408 Million due to them selling off a lot of assets. They had to hedge to survive and they all come off in the new year. The company loses money quarter after quarter, but that could change. There is huge insider buying. A major property of theirs came in on time and under budget.

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Obsidian Energy (OBE.TO) Frequently Asked Questions

What is Obsidian Energy stock symbol?

Obsidian Energy is a Canadian stock, trading under the symbol OBE.TO (previously OBE-T on Stockchase) on the Toronto Stock Exchange (OBE-CT). It is usually referred to as TSX:OBE or OBE.TO

Is Obsidian Energy a buy or a sell?

In the last year, 1 stock analyst issued a Buy, Sell, or Hold rating on OBE.TO (previously OBE-T on Stockchase). 0 analysts recommended to BUY and 1 analyst recommended to SELL the stock. The latest stock analyst rating is WATCH. Read the latest stock experts' ratings for Obsidian Energy.

Is Obsidian Energy a good investment or a top pick?

Obsidian Energy was recommended as a Top Pick by Jerome Hass on 2026-08-05. Read the latest stock experts ratings for Obsidian Energy.

Why is Obsidian Energy stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts' recommendations for Obsidian Energy.

Is Obsidian Energy worth watching?

Obsidian Energy is followed by 127 investors on Stockchase and is a trending stock that is worth watching.

What is Obsidian Energy stock price?

On 2026-08-07, Obsidian Energy (OBE.TO) stock closed at a price of $13.87.

Stockchase, in its reporting on what has been discussed by individuals on business television programs (in particular Business News Network), neither recommends nor promotes any investment strategies.

We paraphrase the experts by hand, we watch the shows and write down what we understood from the experts’ comments. We are human and can make mistakes, help us fix any errors. If you see something that you know is not right or if there is a problem with the site, feel free to email us at : [email protected].

Obsidian Energy (OBE.TO)

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