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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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HOLD
This will go back up with the passage of time. Well-balanced, terrifically well-run trust.
BUY
If needed, can convert back to a common stock. Has vast acres to develop with lots of internal growth opportunities. Good-quality management.
DON'T BUY
If you are looking at royalty trusts, you really have to look at what is going on right now. If you're waiting for a government ruling, this is speculation.
PAST TOP PICK

(Top Short July 21/06. Down 30.7%.) Probably an interesting Buy at this point. If you own, Hold.

BUY
Would put this one in the winner category. Good price.
HOLD
Subject to the same tax problems as other trusts, which will evolve over the next 4 years. You’ll get a seasonal trade in the oil/gas trusts as we move into the new year. Payouts look extremely attractive.
DON'T BUY
On average doesn’t find trusts to be as attractively valued as corporations. For the same $1 of investment, you can buy more reserves or production or earnings or cash flow, etc by buying a high quality corporation.
COMMENT
Large and liquid. Have significant amounts of capital needs to sustain production. Exploring in interesting areas.
WAIT
Very badly beaten up on the income trust issues. One of the best operational teams. Lots of resource plays. Fair chunk of US ownership, so has a potential of selling off in the next little while.
BUY
Current yield is about 11%. Looks very attractive.
WEAK BUY
One of the largest oil/gas trusts. Have concerns on how they will replace their production. Have improved their capital efficiencies. Good long-term holding.
COMMENT
Technically, the damage of the last couple of days broke some important chart points. Typically, a 52-week low is a place to want to enter a stock and this is getting very close to that.
TOP PICK
Given the carnage in the trust sector, and that he was asked for a trust, this is the one he has to go with. It is actually trading as an oil company. As a huge Fair Market Value. Trading cheaper than the average oil company. Good management.
BUY
A high-quality name that should be held in your portfolio. Involved in a lot of exciting big resource plays when it comes to CO2 flooding and oil sands.
BUY
Very liquid, high quality name. Low payout ratio. Long reserve life. High quality management.
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