
TSE:OBE
This summary was created by AI, based on 2 opinions in the last 12 months.
Obsidian Energy (OBE-T) has garnered attention among investors primarily due to its favorable asset composition, which includes approximately 70% oil and 30% gas. The recent enthusiasm in the market stemmed from the company's exposure to the Clearwater region, which has shown promising potential. Additionally, the firm boasts significant tax pools that could allow it to avoid paying taxes for an estimated 10 years, providing a substantial financial advantage. However, the company also exhibits a significant amount of underdeveloped acreage, indicating both potential for future growth and a degree of risk. While some experts remain optimistic about holding the stock, concerns regarding the somewhat contentious nature of the CEO and the company's small market cap, which may limit interest from institutional investors, temper the overall outlook.
They had over $3 Billion in debt but it is down to $408 Million due to them selling off a lot of assets. They had to hedge to survive and they all come off in the new year. The company loses money quarter after quarter, but that could change. There is huge insider buying. A major property of theirs came in on time and under budget.
Obsidian Energy is a Canadian stock, trading under the symbol OBE.TO (previously OBE-T on Stockchase) on the Toronto Stock Exchange (OBE-CT). It is usually referred to as TSX:OBE or OBE.TO
In the last year, 1 stock analyst issued a Buy, Sell, or Hold rating on OBE.TO (previously OBE-T on Stockchase). 0 analysts recommended to BUY and 1 analyst recommended to SELL the stock. The latest stock analyst rating is WATCH. Read the latest stock experts' ratings for Obsidian Energy.
Obsidian Energy was recommended as a Top Pick by Jerome Hass on 2026-08-05. Read the latest stock experts ratings for Obsidian Energy.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts' recommendations for Obsidian Energy.
Obsidian Energy is followed by 127 investors on Stockchase and is a trending stock that is worth watching.
On 2026-08-11, Obsidian Energy (OBE.TO) stock closed at a price of $14.82.
On his radar. About 70% oil, 30% gas. Clearwater exposure got market excited this summer. Lots of tax pools, so probably won't pay tax for 10 years or so. Lots of underdeveloped acreage. If you own it, keep holding.