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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 32.4%.) 5 million acres of undeveloped land. Getting a little pricey and yield is getting under what he likes.
PAST TOP PICK
(A Top Pick June 22/06. Up 17%.) One of his favourites.
TOP PICK
Reasonably valued and has a big asset base of available acreage. Trying to become the leader in coal bed methane and CO2 flooding. Relatively fairly valued at this point. Good balance sheet and good production numbers.
BUY
Stock has performed extremely well. Have 5 million acres of undrilled land. Getting some good farm-ins.
BUY
Has been mainly an oil trust but is swinging towards natural gas. Good management. If you're looking for a company with 50/50 of oil and gas, this is the best in the country.
BUY
The largest oil/gas producer. The challenge for it will be replacing its production. A core holding for all portfolios. Has a very large land holding to develop or lease. Well-managed.
WAIT
Growth trust. Great land position so there will be lots of drilling over the next few years giving them steady, but low, positive growth. If you're looking for 10% total return, it's probably a good place to be. Price is a little high at this point.
BUY
More gas than oil. A large cap which he doesn't get involved in. A premium company. History is very good.
WAIT
With the sharp rise in gas prices over the last two weeks, wait to see what happens. Still likes this as a core holding. Likes their recent acquisition of the Petro Fund. Very strong asset base.
BUY
Recently acquired Petrofund. Well managed. Not doing rank exploration but actually development work which makes them a very good trust candidate.
BUY
A core holding in the oil/gas sector.
BUY
Has a huge amount, 5,000,000 acres, of drillable lands. Payout ratio is quite low, so you are looking at a pretty good income.
BUY
One of the larger energy trusts. 50/50 weighting in oil/gas. Have a huge land base which they farm out and collect royalties on. Sitting on Canada's largest light oil field. If you are positive on energy, this is a very, very good name.
DON'T BUY
Fairly heavy on the gas weighting. One of the larger trusts in terms of opportunity as well as market cap. This is a very weak gas and environment so wouldn't add at this point.
PAST TOP PICK
(A Top Pick Feb 3/06. Up 3%.) Just got listed on the New York stock exchange. Has held up very well during this market correction. Have a significant land base as well as some assets in the oil sands.
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