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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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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.
HOLD
These types of stocks should have moved yesterday, but there may be concern on potential new US tax legislation. If the outlook for oil/gas is to be going up, the stocks should do well.
BUY
One of the best trusts. Reasonably decent balance sheet. Payout ratio is not one of whack. Have some upside with an oil sands stake as well as CO2 flooding. Huge land mass. Reasonable valuation.
HOLD
Will be able to grow through the drill bit and internal development. Has a very significant land base and have done some farm-outs on some of the lower quality areas. Also have some resource plays with good potential.
BUY
Distribution of about 12%. If oil prices stay or get stronger, the distribution is probably safe. He is positive on the price of oil. Payout ratio is below 50%.
COMMENT
Have some interesting projects with CO2 and are currently running a pilot project. Good management.
WAIT
Have lots of land. They farm out their properties to other companies to drill and explore. Lots of potential. Wait for the budget before buying.
BUY
Fundamentally, this trust is in pretty good shape. Conventional side of their oil was a little bit softer than expected. Longer-term, they have some very good resource plays.
PAST TOP PICK
(A Top Pick Dec4/06. Down 5.7%.) The group has not been a particularly good performer. FMV has been slipping which worries him. A well-run trust.
DON'T BUY
Chances of it converting back to a corporate structure are probably quite high. Continuing to see production declines, even given the considerable capital expenditure spent.
COMMENT
One of the better oil/gas income trusts out there. Excellent assets. At this time, he prefers small exploration companies, where the organic growth is going to overcome any short-term volatility.
BUY
Of the conventional trusts that are doing a good job, this would be one of the top.
PARTIAL BUY
One of the more aggressive and capable trusts. Has a large land mass. Pretty good numbers recently. Definitely one to hold and you could add a little bit to your position.
BUY
Strong management. Have done a great job of farming out some of their properties. Payout ratio is about 70%. Low debt. Long-term prospects are good.
WAIT
A gas weighted trust. Excellent management team. Facing the same issues that all other trusts are facing. If they convert back to a corporation, there will be a lot of trust funds that have to sell their holdings that will depress the value.
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