TSE:OBE

Obsidian Energy (OBE.TO)

15.01
-1.12 (6.94%)
as of Jun 9, 2026, 8:00:00 pm Market Open.
124 watching
0
Investor Insights
star iconJun 9, 2026, 12:00 am

This summary was created by AI, based on 1 opinions in the last 12 months.

Obsidian Energy, represented by the ticker symbol OBE-T, is a company facing mixed reviews from analysts. The CEO has been described as somewhat contentious, which raises concerns about leadership stability. Despite this, the company has demonstrated fairly good well results, indicating that operational performance may be on a positive trajectory. However, the market capitalization of Obsidian Energy is characterized as small, rendering it irrelevant to most institutional investors who prefer larger, more stable options. Consequently, experts suggest that there are better alternatives to consider in the market, which raises questions about the attractiveness of investing in Obsidian Energy at this time.

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Consensus
Negative
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Valuation
Overvalued
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Similar
Gran Tierra Energy, GTE
BUY
A recent conversion. Sort of struggled a little bit. They are spending most of their time exploring and tying in their fields instead of operating and producing. Costs per barrel are on the upper end, so as they transition the last half of this year, you'll see the company pop.
PAST TOP PICK
(A Top Pick Apr 15/05. Up 5.5%.) Still likes. Have a very significant drilling inventory and a very strong asset base. Trades at a bit of a discount to the group.
PAST TOP PICK
(A Top Pick May 3/05. Up 6%.) Still likes. The risk on this one is their ability to replace the barrels of oil that they are producing and selling. They'll have to get more efficient at finding oil. They have a huge land position. A very large liquid trust. Won't be a rocket, but will be a steady cash producer.
WATCH
A fairly complicated situation that has just recently turned itself into a trust. Has some good projects in front of it with the best one being the CO2 pipeline in Alberta. A very exciting play that will take about $1 billion in investment. Shorter term they will have a real challenge of maximizing its assets. Have traditionally under utilized its assets.
DON'T BUY
Dollar for dollar, with the exception of the Canadian Oil Sands Trust (COS.UN-T), feels there's much better value in the corporations than in the income trusts.
BUY
Has had a terrific ride. A good company. Doesn't know what their distribution as a % of earnings is going to be, nor how quickly their reserves are going to deplete, so there's not a lot of track record to go on. Not a bad one.
BUY
A very reasonable entry point. The low payout ratio is a good sign. This is an established management team taking over an enormous tract of land.
TRADE
A very well managed company and now that they have the ruling that they can go to a trust the question is what is the payout ratio going to be. If you have a company with longer than a 7/8 year proven reserve life and a P+P "poven + probable" of over 10 years, you have a good investment. Doesn't know on this one.
TOP PICK
Had a 3 for 1 split recently. Going to have the largest production base of any royalty trust, about 100,000 barrels a day. When it goes into the index, it will be one of the top 5 names owned by pension funds.
TOP PICK
Anticipated they were going to be a trust. Its intrinsic value was $66. He planned to sell off the trust portion and keep the exploration & development rump which is where the value was. Company couldn't do it, so he is going to sit on it.
BUY
One of the larger oil producers in western Canada that decided to become an income trust. Spent many months negotiating with Revenue Canada before getting the go ahead. Everybody had anticipated that it was going to have a spin off, but they held onto all their assets and a lot of people were quite annoyed. Hasn't done much. A definite Buy.
WAIT
Very large, well diversified royalty trusts that will be in demand going forward. What may be holding back the units at this time, people will have to become more comfortable as to how it will operate as an income trust.
BUY ON WEAKNESS
Has about 5,000,000 acres of undeveloped land. Farming out their land which should be quite successful. Relatively low payout ratio.
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