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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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BUY
Has had a good run. They are in the process of merging with Petrofund (PTF.UN-T) which will make it the largest in daily production.
BUY
Since becoming a trust, they have made substantial improvement in their cost structure. Farming out a lot of their properties so they are moving towards being a landlord. A very solid trust. Just made a strategic acquisition.
BUY
Not as bullish on oil as a lot of people, but this is a good play. More light oil. Valuation is relatively good compare to the rest of the group.
HOLD
Reserve life index is around 10 years. Good name. Core holding in the oil/gas space.
BUY
Has agreed to merge with Petrofund Energy (PTF.UN-T) which will be good for both trusts. Will be the largest conventional oil/gas trust.
TOP PICK
50% oil and 50% gas. One of the largest trusts. Does about 100,000 barrels a day in production. Trades at a discount to its peers. Have a lot of undeveloped acreage which has potential for CO2 flooding, a new technology which could boost reserves.
BUY
Trades at a price to net asset value which is cheaper than most of the oil/gas trusts. Payout ratio is 60%. Debt to cash flow is 6:1. They hold 4.5 million acres which is good for farming out and they collect the royalties. They hold 40% interest in Pembina Cardium which is light oil.
BUY
His model price is $52.40, a positive differential of 20%. If he was a betting man, he expects that it would go to $40.60 and would sell at that time.
TOP PICK
Undervalued versus the other large liquid royalty trusts by about 5/6%. Gives about a 10% yield. Good growth potential.
BUY
An excellent stock. 9% yield. There is a seasonality in these things, so the stock has leveled off and will stay this way unless there is a major problem somewhere in the world.
PAST TOP PICK
Penn West converted to a trust last year. One of the bigger names in the space. High quality asset base. Strong management team. Capital spending is limited to 40% of cash flow. Payout ratio is at 55-65 %. Strong solid core base. There is also option value here. Wait for a pull back to buy.
HOLD
It's a top name. Doesn't own, but owned it before it became a trust.
PAST TOP PICK
Penn West is up 23% since Oct. 18, 2005. This one converted to a trust last year. It has about 4.5 million of net undervalued acres. It is now being creative taking advantage of its real estate base.
TOP PICK
Up 9.6 % year to date. Believes it is undervalued compared to some of its peers. Converted from a common share structure to a royalty trust structure. Predicts they will stabilze their production over the next year and that they have good opportunities for the short and long term. Paid $31.00 and if the opportunity came up they would buy more.
TOP PICK
59% 52 week return, pays about 10%.Very liquid stock. Trades a lot. Was struggling but has increased capital efficiencies. It is 50% oil and 50% gas, broad diversification within commodities. Biggest risks are drilling a dry well and finding and developing costs. Paid $40.00 for it last week.
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