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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
One of the more conservative companies when it comes to payout ratios. They do have a very extensive capital program because of their very large land base. Starting to farm out a lot of the land so they have lower risk.
TOP PICK
Has the largest interest in C02 flood and the largest oil field in Canada in the Pembina field. Have been quietly setting up from a pilot project to full implementation. The implication is that there will be long term increase in production and improved recoveries
HOLD
Has been a fan of the team for a long time. Will be included in the indexes very shortly, so if you own, hold.
BUY
Inexpensive relative to all its peers. Have had poor capital efficiencies in the past, but have been showing improvement. Trading at about 5 X distributable cash flow. An attractive holding.
BUY
Has a lower payout ratio, which reflects the reality of the times. Has some work ahead of it in order to eventually throw off some of the weight of the past and move forward as a royalty trust rather than an explorer. A good long-term hold. Production may fall in the next quarter or two, but should stabilize after that.
BUY
A conventional oil and gas trust. Has about 5 million net acres of land base. Has been doing a pretty good job of exploiting that through farm out arrangements.
PAST TOP PICK
(A Top Pick Sept 2/05. Flat excluding distributions.) Has good potential and still likes it.
TOP PICK
A huge oil/gas income trust. Has a low payout ratio. There's a huge land position of 5 million acres. They farm it out. Expects you will see this as a growth income trust.
BUY
In the universe of trusts, it is a very solid respectable pick to make. Reserves are good. Payout ratio's a little high but by no means outrageous.
BUY
A high quality name in the oil/gas trusts. Have one of the largest land holdings in the basin. Working hard on improving their capital efficiencies by farming out their assets. Have a payout ratio of about 48%. Will probably havr another distribution increase.
WEAK BUY
He just recapped the earnings announcement made earlier in the week. Felt they had benefited from higher commodity prices, but mitigating this was their higher operating costs as well as some processing bottle necks that they experienced. Have 4.5 million acres of undeveloped land which they will farm out.
BUY
A 100,000 barrel producer. Now seem to be geting costs under control. Has great land holdings for expansion.
BUY
A very large trust from a land holdings standpoint. Like a lot of trusts, they are taking smaller pockets of oil and gas and tying them together. Have gone from an exploratory phase and over the '06 and '07 phase, will perform better giving a larger earnings per share. There should be a lot of pick up in the name as investors look forward to '06.
BUY
Have large land holdings which they can farm out to other companies. This alleviates risks.
BUY
Will be included in the S&P Index around December 16/17 and index finds won't be able to buy until that happens. A good name. Have a large indeveloped land base that they are farming out.
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