Obsidian EnergyOBE.TOWATCHAug 05, 2026Stock price when the opinion was issued
As of Aug 06, 2026. Market Open.
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.
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.