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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
A well managed company. The technology is in place. You need to be patient though.
TRADE
Top rated company, and well run but didn't yield 10%, (only 9.7%) so he sold.
BUY
Big, liquid, high-quality name. Have a very big land base. Can do a very good job of replacing their reserves. Expects some good upside.
BUY
The yield is a little low but it's got a huge amount of un-drilled land. They are farming it out.
BUY
Sell-off in oil/gas trusts is creating a buying opportunity. One of his favourite names. Fundamentally, very undervalued on a multiple basis. Expects a potential upside bump from greater exposure to US investors.
TOP PICK
(A Top Pick Oct 18/05. Up 28%.) Has 4.5 million net acres which are relatively undeveloped. Thinks there is another $3 a share because of land that has not been included by analysts. Increasing distributions.
BUY
Probably one of the better income trusts. Very good properties and very good management.
PAST TOP PICK
(A Top Pick Oct 12/05. Up 24%.) Still likes it.
BUY
Payout ratio is about 60%. A gas weighted trust. Excellent management. Likes the way it is progressing.
PAST TOP PICK
(A Top Pick Sept 2/05. Up 20%.) Still likes. There is good value here. Low risk development plays.
HOLD
Doesn't like this one, because it does not have enough gas exposure. One of the best run trusts in Canada. If you have a three-year view, continue to hold it.
BUY
Has had a great run over the past few weeks. This is due to a valuation adjustment where it has typically traded below its peers due to its newness. Going forward, there are a lot of positive catalysts.
BUY
Yield is pretty good at 9%. They have very good assets. On a P/E basis they are only trading at slightly under 7 X's. Price to book is almost 3 X's but it doesn't worry him too much. Longer term, it will still be a good performer.
TOP PICK
(A Top Pick Sept 1/05. Up 8.8%.) If you want to play the oils and you are worried or concerned, they have 5 million acres of undeveloped land which is being farmed by other companies. Pays over 9%. Only paying out 45% and he expects that this will be increased.
BUY
Seeking a listing in the US. Should continue to do well because of its underlying asset base. Trades at a discount to its peers.
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