TSE:OBE

Obsidian Energy (OBE.TO)

14.11
+0.85 (6.41%)
as of Jul 21, 2026, 8:00:00 pm Market Open.
124 watching
0
Investor Insights
star iconJul 21, 2026, 12:00 am

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

Obsidian Energy, traded under the symbol OBE-T, has a somewhat contentious CEO, which may impact investor perceptions and confidence. While the company has reported fairly good well results, its market capitalization is notably small, rendering it largely irrelevant to most institutional investors who typically seek larger and more stable options. This suggests potential risks associated with liquidity and volatility that could deter more conservative investors. Experts recommend considering better names within the sector, indicating a preference for companies with stronger fundamentals and larger market presence. Overall, while Obsidian Energy shows some operational promise, its positioning in the market might limit its appeal for a broader investment base.

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Consensus
Negative
valuation icon
Valuation
Overvalued
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CNE, CNE.TO
COMMENT
Natural gas prices are very weak. Oil prices are not as strong as people think. Production will be a little bit weak due to severe weather in Alberta. Has one of the most diverse asset bases.
BUY
Natural gas. They are so good at what they do that there is a likelihood of blowing your brains out operating the company. Can't see it as a takeover target.
DON'T BUY
His model price is $44.52, a 24% positive differential, which will disappear in 2 years so are trading at what their future earnings are. (See “Today’s Commentary”.)
DON'T BUY
The price reflects the perception of the market in regards to their properties and payouts. He doesn't see any immediate problems, but if there is a hit in commodity prices that may affect things. A number of others, that have better properties or better balance sheets and are selling at a more reasonable valuation level.
BUY
A higher quality trust. One of the larger trusts.
BUY
Before it was converted into a trust was one of the premier oil and gas companies in the west. Still thinks it is, within the trust structure. It may not stay in a trust structure as taxation rules are pending. It's in a perfect space to buy other mid-sized oil and gas trusts and producers. He likes it long term, but doesn't own it, waiting to find out what the rules are.
TOP PICK
A defensive recommendation, might give you 11% and some capital gain.
PAST TOP PICK
(A Top Pick June 22/06. Down 9%.) Great company. Has broken through the 100,000 barrels a day wall. Great assets. Still a Buy.
HOLD
One of the larger royalty trusts. Spend a large amount of money in order to keep production up. Made some nice acquisitions. Likes it, but not one of his favourites. Better value elsewhere. Fully valued.
WEAK BUY
This is a name that has one of the better stories in the income trusts. Has a lot of potential upside from CO2 flooding. A hold, or even had modestly to.
HOLD
This is one of the quality oil companies in the country. He has decided not to buy oil/gas trusts until the rules on taxation are clearer.
BUY
Own a number of good properties that will be desirable by others down the road. Distribution is reasonably secure.
HOLD
Given the uncertainty on the legislation governing trusts he'd be inclined to Hold. One of the great oil/gas companies in Canada.
COMMENT
Best land position of any of the trusts. Good track record. Downside in trusts is that they are paying out cash flow instead of using it for drilling. To grow production quickly, they have to drill and possibly make acquisitions putting them on a treadmill. If you want yield and not growth, it's fine.
DON'T BUY
Income trust thing is a ticking bomb. It'll keep working against you. Distribution cuts are going to be a thing for the foreseeable future.
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