Obsidian Energy Ltd. (OBE)
Energy · ASE · US
Price as at 30 Sept 2026, 22:07 UTC. Quotes are delayed.
Fundamentals
Valuation and ratings
Obsidian Energy Ltd. trades at $10.30, which is 44% below the $14.81 our fair value estimate puts on the business. On that measure alone it screens as undervalued, though a valuation model is an argument rather than a measurement, and the market is frequently right about why something is cheap.
Our moat model scores it 47 out of 100, which is a moat, but not a deep one. A moat is a structural reason competitors cannot take the profits away, and it matters more to a long holding period than any single quarter's numbers do.
It changes hands at 34.1 times earnings. Be careful reading that in isolation: for a cyclical business a low P/E arrives at the top of the cycle, when profits are peaking and about to fall, which is exactly when the shares look cheapest and are not.
OBE dividend history
Dividends per share by year
| Year | Total per share | Payments |
|---|---|---|
| 2015 | $0.168 | 3 |
| 2014 | $3.52 | 4 |
| 2013 | $5.52 | 4 |
| 2012 | $7.57 | 4 |
| 2011 | $7.55 | 4 |
| 2010 | $10.56 | 12 |
| 2009 | $13.56 | 13 |
| 2008 | $26.77 | 12 |
| 2007 | $26.98 | 12 |
| 2006 | $14.81 | 7 |
Split-adjusted amounts in the listing currency, grouped by the calendar year of the ex-dividend date, from the filed record. Growth and streak figures compare complete years only.
OBE earnings and analyst estimates
Recommendation mix, 5 published ratings
Estimates are the published analyst consensus and move often. An earnings date is scheduled, not certain, and a share tends to reprice most violently on the day itself.
About Obsidian Energy Ltd.
Obsidian Energy Ltd. engages in the exploration, development, and production of oil and natural gas in Western Canada. Its portfolio of properties includes unitized and non-unitized light oil, heavy oil, and natural gas production. The company was formerly known as Penn West Petroleum Ltd. and changed its name to Obsidian Energy Ltd. in June 2017. Obsidian Energy Ltd. is headquartered in Calgary, Canada.
Company profile, industry and headcount are as reported by our data provider and can lag a company's own filings by a reporting period. The annual report is the authority.
OBE passes 3 of our 30 screens today
Each screen prints the exact criteria it used, and the circumstances in which it is wrong.
Super investor ownership
7 of the funds we track reported a position in their latest SEC 13F filing. Largest first:
- Arrowstreet Capital, ARROWSTREET CAPITAL, LIMITED PARTNERSHIP$25.73M · 0.0% of book
- Two Sigma, TWO SIGMA INVESTMENTS, LP$19.11M · 0.0% of book
- D. E. Shaw, D. E. Shaw & Co., Inc.$9.30M · 0.0% of book
- Ken Griffin, CITADEL ADVISORS LLC$4.50M · 0.0% of book
- Israel Englander, MILLENNIUM MANAGEMENT LLC$3.08M · 0.0% of book
A word of warning on reading these figures: a 13F reports the market value of a holding, so a fund that traded nothing at all still appears to have sold when the price fell. We found 102 companies where the standard reading gives the opposite answer. Only the share count is honest.
OBE peers
The largest companies in the same industry (Oil & Gas E&P), then in the same sector.
- WOPEF Woodside Energy Group Ltd
- EQT EQT Corporation
- EXE Expand Energy Corporation
- PR Permian Resources Corporation
- TRMOY TRMOY
- WCP.TO Whitecap Resources Inc.
- VARRY Vår Energi ASA
- APA APA Corporation
Every energy company we cover is on the Energy hub.
Common questions
Is Obsidian Energy Ltd. (OBE) undervalued?
Against our fair value estimate of $14.81, OBE at $10.30 is 44% below fair value. That is one model's answer, not a recommendation. It is built from normalized earning power with growth capped deliberately low, which understates companies whose value is mostly future growth.
Which funds own OBE?
7 of the institutions we track reported a position in OBE in their most recent SEC 13F filing. A 13F is filed up to 45 days after quarter end, so it tells you what a fund held then, not what it holds now.
What is OBE's P/E ratio?
OBE trades at 34.1 times earnings. A low P/E is not automatically cheap: on a cyclical company it is usually a warning that earnings are at a peak.
When does OBE report earnings next?
Obsidian Energy Ltd. is scheduled to report on 5 Nov 2026. Companies move earnings dates, so read it as scheduled rather than certain.
Where does SteadyShares get its OBE data?
Fundamentals for OBE come from company filings and exchange data, as listed on ASE; institutional ownership comes from SEC 13F filings. The share price shown was last refreshed on 30 Sept 2026, 22:07 UTC and is delayed. Our data quality score for this company is 96/100, which is the share of the inputs behind our scores that were actually available rather than assumed. Metrics we do not hold are left out of the page rather than estimated.
The full research page for OBE, with financial statements, ownership detail, peer comparison and alerts, is free inside the app.
Data from company filings, exchange quotes and SEC EDGAR 13F disclosures. Quotes are delayed. Metrics we do not have are left out rather than estimated. Educational information, not financial advice.