TSE:OBE

Obsidian Energy (OBE.TO)

15.01
-1.12 (6.94%)
as of Jun 9, 2026, 8:00:00 pm Market Open.
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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
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Valuation
Overvalued
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Gran Tierra Energy, GTE
BUY
Didn’t like their acquisitions of Canetic and Vault and sold his holdings last year. Has rebounded very strongly because they are the largest oil/gas trust and the market seems to feel that this has got some legs. With the high price of oil, distribution is probably. 11.8% yield.
COMMENT
Undervalued relative to its peers. Hasn’t been cited as one of the top performing trusts by many of the analysts. Has a lot of gas, which will do well down the road. Consolidating with a number of mergers. Produces almost 192,000 barrels a day. Should do well on taking advantage of the current gas prices.
COMMENT
One of the larger oil/gas trusts. Currently producing 200,000 BOEs a day. Expect they will have to spend $1.1 billion to replace their existing production based on their current decline rate. Q1 results were pretty decent. Looking at acquisitions overseas. Would like to see the payout ratio and debt levels come down a bit.
SELL
Had some challenges in the past in terms of their capital efficiency ratios. Has had a decent rally. Acquired Canetic Resources last year, which he didn't feel was a good one. There are better alternatives.
HOLD
One of his favourites. With their tax pools, they could probably go out to about 2013. Talking about reducing distributions to create at 4%-5% yield and converting into a long-term growth E&P company. Keep an eye on the corporate plans.
COMMENT
Over 50% is held by US investors. For them to cut distributions drastically in 2011, there will be a large turnover of units to shares. Still plan on paying high levels of dividends/distributions following 2011. Lots of tax pools so probably won't pay tax for a few years. Made 2 very large acquisitions, Petrofund Energy and Canetic Resources, which has created some integration issues and production did not meet expectations. Feels there are income trusts with better opportunities. 13% yield.
BUY
Recently made some good acquisitions. His big disappointment with this one is that they have about 5 million acres of undeveloped land and never seemed to be that good at finding oil. Pays a good return of about 12%.
HOLD
Likes this one, but sold his holdings. As an overview, he wouldn't sell any oil/gas income trust right now given what natural gas and oil is doing. They have 5.5 billion of tax pools which means they could delay taxes until 2013/2014.
BUY
Substantial oil/gas land inventory, which will be exploited over the next couple of years.
BUY
Just recently bought this. Made a lot of acquisitions lately, so she was cautious because of possible integration risks. Expect it to be trading a lot higher in the next year. Trading at a lot less than its peers. Note that issue. Expects new president will do a good job.
BUY
Have tax pools of more than $6 million, so if they stay in the trust structure they would be tax-free until about 2013. The company would like to convert to a high yield exploration company which would yield about 4%/5% and hope that capital gains would offset the difference from low interest rates to the distribution rates.
COMMENT
Very interesting battle between the Bulls and the Bears over this company. Feels the majority of the street hates it. Made some acquisitions. Management recently guided down by about 5000 barrels a day. Feels this is a great company with a great opportunity in the US and elsewhere and could rise to the status of an Encana (ECA-T) or CNQ (CNQ-T). Have some great tax pools so taxes are not much of a factor before 2013. Created a new company that is run by management of Crescent Point (CPG.UN-T) and recently acquired part of a company by using this.
COMMENT
Likes the 2009 and 2010 stories with their development of their heavy oil project at Seal. Have a very challenging asset-base from the point of view of meeting production declines and have not consistently hit their numbers. 18.3% yield.
SELL
(Caller wants to know if he should sell and then buy BCE.) Depends on if you are a trader, financial planner, et cetera. Company is in a downtrend and you shouldn't own stocks in a downtrend. You could sell on a bounce, but can't see any evidence of a bounce.
BUY
They get no respect. It's a big producer. Have tremendous tax pools going forward that they will use after 2011. All the energy companies have sold off in spite of the fact that oil is still at $90. Very good entry point.
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