
TSE:OBE
This summary was created by AI, based on 1 opinions in the last 12 months.
Obsidian Energy (OBE-T) is a company that's gained mixed opinions from experts in the sector. The CEO is described as somewhat contentious, suggesting possible management issues that could concern investors. However, the well results from the company appear fairly good, indicating that operational performance may be on a stable path. Despite these factors, Obsidian's market capitalization is deemed too small to attract significant interest from institutional investors, which could limit its growth potential. Experts generally suggest that there are better investment alternatives available in the market, signaling caution for those considering entering a position in this stock. Overall, while the operational aspects show promise, the leadership and market positioning raise red flags for potential buyers.
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.
It could be sold before the end of the year. Results today were not very good. They are looking to sell some of their properties. They have these hedges in place at $50 and the oil price is much higher now. They still have a fair amount of debt. He is happy to hold it. We will see more pieces coming off. It is still high risk due to the debt. This one might get taken over so he holds it.
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
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 DON'T BUY. Read the latest stock experts' ratings for Obsidian Energy.
Obsidian Energy was recommended as a Top Pick by Eric Nuttall on 2025-11-17. Read the latest stock experts ratings for Obsidian Energy.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts' recommendations for Obsidian Energy.
Obsidian Energy is followed by 124 investors on Stockchase and is a trending stock that is worth watching.
On 2026-07-20, Obsidian Energy (OBE.TO) stock closed at a price of $13.28.
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.