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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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PAST TOP PICK
(A Top Pick Sept 1/05. Up 24.3%.) A favourite. Now into a Hold range. Under $40, it's a Buy. Has 5 million acres of undrilled land. 9.4% yield.
DON'T BUY
Being added to the S&P/TSX 60. This could create a little boost as index funds try to establish a position but doesn't think it will make major changes. Prefers others in this area.
BUY
Model price is $37.58, a positive 48% differential. He does not like income trusts, and if though this is a trust, he would recommend purchase.
BUY
Good candidate in the trust sector. You could add to it now or on weakness over the next couple of weeks.
BUY
Good operating metrics.
WAIT
Oil has made new highs in the last year, but the stock has only made marginal ones. If you have a long-term view, you could start adding to your position, but if oil can’t hold $56 there could be a drop.
BUY
A great long-term hold in a portfolio. There may be a cut in distributions in the short-term as they like to operate in a 60% payout ratio rather than an 80% payout ratio as they are now. Doesn't think the market will be overly concerned with a cut.
TOP PICK
Have 5 million acres of land to work on. Diversified with oil/gas. Payout ratio is very reasonable. They have their oil hedged at $70 in this quarter.
BUY
It has a 10% dividend. It is one of his top names. Believes it is worth $45-50.
HOLD
Coming through a shoulder season and there are a lot of people that feel energy prices will firm up through the full. If you're comfortable with the unit price fluctuating, you get paid for holding it. Great assets. Longer term you will probably do very well.
BUY ON WEAKNESS
In any weakness from here, he would buy. One of the best trusts around. Good balance between oil and gas. Fairly low payout ratio. Good yield.
BUY
Yield of 9.9%. A high-quality company.
TOP PICK
About 50/50 oil and gas. 10-year reserve life. Over 9% yield. On evaluation leases, it is pretty fairly valued but has some heavy oil properties which is not being given any value by the market.
BUY
Likes it. Has to spend a lot of money in order to keep its production flat. Good management.
BUY
You are earning 11% on this. Feels it is safe. An excellent set of assets. Excellent management team.
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