TSE:OBE

Obsidian Energy (OBE.TO)

15.01
-1.12 (6.94%)
as of Jun 9, 2026, 8:00:00 pm Market Open.
124 watching
0
Investor Insights
star iconJun 9, 2026, 12:00 am

This summary was created by AI, based on 1 opinions in the last 12 months.

Obsidian Energy, represented by the ticker symbol OBE-T, is a company facing mixed reviews from analysts. The CEO has been described as somewhat contentious, which raises concerns about leadership stability. Despite this, the company has demonstrated fairly good well results, indicating that operational performance may be on a positive trajectory. However, the market capitalization of Obsidian Energy is characterized as small, rendering it irrelevant to most institutional investors who prefer larger, more stable options. Consequently, experts suggest that there are better alternatives to consider in the market, which raises questions about the attractiveness of investing in Obsidian Energy at this time.

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Consensus
Negative
valuation icon
Valuation
Overvalued
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SELL
Just said "Sell"
HOLD
Check dividends. Hold or sell on strength in next quarter.
DON'T BUY
It’s turned into a ‘show me’ story. Their track record on capital efficiencies isn’t that good.
HOLD
Close to a sell. Believes they are not going to meet their production guidance. They have a real challenge ahead of them.
SELL
Not a fan of this. Prefers Arc Energy (AET.UN-T) and would be tempted to sell this one and put the money into Arc.
COMMENT
One of the larger oil/gas trusts split about 50/50. Currently at about 195,000/200,000 barrels per day. Management is interested in looking at some international opportunities. Have pretty good tax pools so doesn't expect any dramatic tax hit.
BUY
Trading at less than the market multiples of their peers. Have made some massive acquisitions over the last few years so have some slight concerns on integration risks but think this is baked into the price. Will have huge resource potential for a lot of the new technologies.
COMMENT
Sold his holdings a short while ago because it was a liquid oil name and oil was quite high but dropping. At these levels, it is becoming quite attractive. 15.5% yield. Doesn't think they will cut their distributions.
COMMENT
Can convert back into a corporation and it will not be a problem for them. As a trust, there are more attractive places to go for yield such as Arc Energy (AET.UN-T). (Also see Top Picks.)
STRONG BUY
Have great tax pools so the taxable status in 2011 is not really in question. His favourite is Progress Energy (PGX.UN-T) but if you own this, continue to hold and add to it. 14% yield.
DON'T BUY
Production is down and they have to spend a lot of money to keep the production going.
COMMENT
2 problems. A commodity and also a trust (that the government doesn't like any more). Will trade with the price of oil and thinks oil will stay around $100 for quite a long time. Pretty good yield. The big question is, what is going to happen when it announces its conversion back to a corporation. Some of the trusts have dropped as much as 17%. Well run trust.
BUY
Royalty trusts seem to be working very well with an average return of 11%. Have several legs on their stool including enhanced oil recovery, coal methane, tight gas and a tremendous inventory of undeveloped land.
HOLD
Largest oil/gas trust. Have made 3 acquisitions over the last little while. Well over 13% yield.
HOLD
Owns but not as a core position. Concerned that they continually don’t hit their numbers but there are very large option values on the option base. Largest land base in Canada. As a long-term investor he is content to Hold.
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