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TSE:OBE
This summary was created by AI, based on 2 opinions in the last 12 months.
Obsidian Energy (OBE-T) is currently a focus for several analysts, primarily due to its substantial exposure to oil and gas, with a favorable mix of approximately 70% oil and 30% gas. The market has shown enthusiasm this summer regarding its Clearwater exposure, suggesting potential for growth. Furthermore, the company possesses significant tax pools, implying that it may avoid tax payments for a decade, adding to its investment appeal. However, some experts highlight that the company's CEO is somewhat contentious, and despite reasonable well results, its small market cap renders it less relevant for institutional investors. This creates a conflicting perspective on whether it's a worthwhile investment, with some suggesting cautious holding for existing investors.
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.
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 WATCH. Read the latest stock experts' ratings for Obsidian Energy.
Obsidian Energy was recommended as a Top Pick by Jerome Hass on 2026-08-05. 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 127 investors on Stockchase and is a trending stock that is worth watching.
On 2026-08-28, Obsidian Energy (OBE.TO) stock closed at a price of $15.85.
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.