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TSE:OBE

Obsidian Energy (OBE.TO)

15.85
-0.51 (3.12%)
as of Aug 28, 2026, 8:00:00 pm Market Open.
127 watching
0
Investor Insights
star iconAug 30, 2026, 12:00 am

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.

consensus icon
Consensus
Hold
valuation icon
Valuation
Undervalued
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Similar
CrescentPoint, CPG
DON'T BUY
Wrestled with sizable decline rates with higher than average debt levels. Did a pretty decent job of asset sales recently so have a little bit more flexibility. Production dropped from about 200,000 BOE's to 165,000. Have some excellent assets. Questions how the transition from a growth oriented E&P company going to take place when they convert to a corporation.
HOLD
Have an enormous spread of land with the idea that someone will perhaps take them out. Numbers haven't been that great lately. Expected to cut the pay out when they convert to a corp. Wait for that point before buying. Generous yield of around 11%.
HOLD
Going sideways over the next year. Nothing wrong with the company but is big it is hard for it to move the needle.
BUY
There will have to be a decisive move in oil prices (and possibly natural gas) for stock prices in oil trusts to move out. Excellent long-term vehicle.
HOLD
Chart shows a double bottom in April and July and then as strong upward trend. 8.4% distribution.
BUY
(Market Call Minute.) Has great potential.
DON'T BUY
(Market Call Minute) Still has to skinny down its production. It has to be more focused in order to be a buy
DON'T BUY
Not a big fan. They did an asset swap with Crescent Point. This was good. They had a debt issue and needed to do something to meet the distribution target. Feels there are better names out there.
DON'T BUY
One of larger oil and gas royalty trusts. Will have to cut their distribution when they convert.
BUY
(Market Call Minute) Great assets, but company has not met operational targets, yet going forward things are turning around.
BUY
(Market Call Minute.) Not a bad company. Believes they have tax shelters for when they convert to a corp but check it out first.
HOLD
Had been a huge disappointment as it had come down significantly from its highs. Have recently added to his position. Have fantastic landholdings. Has a number of “heritage” landholdings which can be subject to improve recovery techniques.
HOLD
Hasn't participated in oil/gas trust prices like its peers. Consolidation story, which you have to be sceptical about because of the integration of assets that are needed. Still a “show me” story.
DON'T BUY
Its projected earnings and FMV fall far, far short of the current price. Balance sheet is kind of slipping away. Good management and good land spread. 9.3% yield.
BUY
Likes the dividend and thinks it's fairly secure. Excellent assets. Haven't explored and developed their assets as fast as other companies so is hoping that someone will farm into their lands.
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