OBSIDIAN ENERGY LTD (OBE.CA) Stock Fundamental Analysis

Canada • Toronto Stock Exchange • TSX:OBE • CA6744822033

10.28 CAD
+0.44 (+4.47%)
Last: Feb 6, 2026, 07:00 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership News
Fundamental Rating

3

Overall OBE gets a fundamental rating of 3 out of 10. We evaluated OBE against 216 industry peers in the Oil, Gas & Consumable Fuels industry. OBE has a medium profitability rating, but doesn't score so well on its financial health evaluation. OBE does not seem to be growing, but still is valued expensively.


Dividend Valuation Growth Profitability Health

5

1. Profitability

1.1 Basic Checks

  • OBE had negative earnings in the past year.
  • In the past year OBE had a positive cash flow from operations.
  • The reported net income has been mixed in the past 5 years: OBE reported negative net income in multiple years.
  • Each year in the past 5 years OBE had a positive operating cash flow.
OBE.CA Yearly Net Income VS EBIT VS OCF VS FCFOBE.CA Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 500M -500M

1.2 Ratios

  • With a Return On Assets value of -13.16%, OBE is not doing good in the industry: 61.11% of the companies in the same industry are doing better.
  • The Return On Equity of OBE (-16.91%) is comparable to the rest of the industry.
  • OBE has a Return On Invested Capital of 6.35%. This is amongst the best in the industry. OBE outperforms 81.02% of its industry peers.
  • OBE had an Average Return On Invested Capital over the past 3 years of 8.82%. This is above the industry average of 6.50%.
Industry RankSector Rank
ROA -13.16%
ROE -16.91%
ROIC 6.35%
ROA(3y)10.66%
ROA(5y)-3.82%
ROE(3y)14.48%
ROE(5y)-28.26%
ROIC(3y)8.82%
ROIC(5y)8.37%
OBE.CA Yearly ROA, ROE, ROICOBE.CA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 50 -50 -100 -150 -200

1.3 Margins

  • The Operating Margin of OBE (21.48%) is better than 77.31% of its industry peers.
  • In the last couple of years the Operating Margin of OBE has declined.
  • OBE's Gross Margin of 68.85% is amongst the best of the industry. OBE outperforms 83.80% of its industry peers.
  • OBE's Gross Margin has improved in the last couple of years.
Industry RankSector Rank
OM 21.48%
PM (TTM) N/A
GM 68.85%
OM growth 3Y-12.26%
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-0.26%
GM growth 5Y2.34%
OBE.CA Yearly Profit, Operating, Gross MarginsOBE.CA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 100 -100 -200

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2

2. Health

2.1 Basic Checks

  • With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), OBE is creating some value.
  • Compared to 1 year ago, OBE has less shares outstanding
  • The number of shares outstanding for OBE has been increased compared to 5 years ago.
  • The debt/assets ratio for OBE is higher compared to a year ago.
OBE.CA Yearly Shares OutstandingOBE.CA Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 20M 40M 60M 80M
OBE.CA Yearly Total Debt VS Total AssetsOBE.CA Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 1B 2B 3B

2.2 Solvency

  • OBE has an Altman-Z score of 1.02. This is a bad value and indicates that OBE is not financially healthy and even has some risk of bankruptcy.
  • OBE has a Altman-Z score of 1.02. This is in the better half of the industry: OBE outperforms 62.96% of its industry peers.
  • OBE has a Debt/Equity ratio of 0.11. This is a healthy value indicating a solid balance between debt and equity.
  • OBE's Debt to Equity ratio of 0.11 is fine compared to the rest of the industry. OBE outperforms 70.83% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.11
Debt/FCF N/A
Altman-Z 1.02
ROIC/WACC0.73
WACC8.65%
OBE.CA Yearly LT Debt VS Equity VS FCFOBE.CA Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 500M 1B 1.5B 2B

2.3 Liquidity

  • A Current Ratio of 0.52 indicates that OBE may have some problems paying its short term obligations.
  • OBE has a Current ratio of 0.52. This is in the lower half of the industry: OBE underperforms 69.44% of its industry peers.
  • A Quick Ratio of 0.52 indicates that OBE may have some problems paying its short term obligations.
  • Looking at the Quick ratio, with a value of 0.52, OBE is doing worse than 62.96% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 0.52
Quick Ratio 0.52
OBE.CA Yearly Current Assets VS Current LiabilitesOBE.CA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

3

3. Growth

3.1 Past

  • The earnings per share for OBE have decreased strongly by -310.93% in the last year.
  • OBE shows a decrease in Revenue. In the last year, the revenue decreased by -8.93%.
  • The Revenue has been growing by 13.38% on average over the past years. This is quite good.
EPS 1Y (TTM)-310.93%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-43.4%
Revenue 1Y (TTM)-8.93%
Revenue growth 3Y17.6%
Revenue growth 5Y13.38%
Sales Q2Q%-41.35%

3.2 Future

  • The Earnings Per Share is expected to grow by 34.07% on average over the next years. This is a very strong growth
  • The Revenue is expected to decrease by -13.77% on average over the next years. This is quite bad
EPS Next Y126.21%
EPS Next 2Y43.75%
EPS Next 3Y34.07%
EPS Next 5YN/A
Revenue Next Year-23%
Revenue Next 2Y-16.77%
Revenue Next 3Y-13.77%
Revenue Next 5YN/A

3.3 Evolution

  • When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
OBE.CA Yearly Revenue VS EstimatesOBE.CA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 200M 400M 600M 800M 1B
OBE.CA Yearly EPS VS EstimatesOBE.CA Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 0 -50 -100 -150

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Find the best growth stocksShow best growing peers

3

4. Valuation

4.1 Price/Earnings Ratio

  • The Price/Earnings Ratio is negative for OBE. In the last year negative earnings were reported.
  • With a Price/Forward Earnings ratio of 56.55, OBE can be considered very expensive at the moment.
  • Compared to the rest of the industry, the Price/Forward Earnings ratio of OBE is on the same level as its industry peers.
  • Compared to an average S&P500 Price/Forward Earnings ratio of 27.78, OBE is valued quite expensively.
Industry RankSector Rank
PE N/A
Fwd PE 56.55
OBE.CA Price Earnings VS Forward Price EarningsOBE.CA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 20 40

4.2 Price Multiples

  • Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of OBE indicates a rather cheap valuation: OBE is cheaper than 97.22% of the companies listed in the same industry.
Industry RankSector Rank
P/FCF N/A
EV/EBITDA 2.4
OBE.CA Per share dataOBE.CA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 5 10 15 20

4.3 Compensation for Growth

  • OBE's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
  • A more expensive valuation may be justified as OBE's earnings are expected to grow with 34.07% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y43.75%
EPS Next 3Y34.07%

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

0

5. Dividend

5.1 Amount

  • OBE does not give a dividend.
Industry RankSector Rank
Dividend Yield 0%

More info and screens

Find the best dividend stocksShow peers with best dividend

OBSIDIAN ENERGY LTD

TSX:OBE (2/6/2026, 7:00:00 PM)

10.28

+0.44 (+4.47%)

Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)10-30
Earnings (Next)02-19
Inst Owners28.85%
Inst Owner ChangeN/A
Ins Owners7.27%
Ins Owner ChangeN/A
Market Cap689.99M
Revenue(TTM)642.40M
Net Income(TTM)-237.30M
Analysts74.29
Price Target9.86 (-4.09%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 0%
Yearly DividendN/A
Dividend Growth(5Y)N/A
DP0%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0%
PT rev (3m)1.28%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)109.64%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)-2.55%
Valuation
Industry RankSector Rank
PE N/A
Fwd PE 56.55
P/S 1.07
P/FCF N/A
P/OCF 2.21
P/B 0.49
P/tB 0.49
EV/EBITDA 2.4
EPS(TTM)-2.74
EYN/A
EPS(NY)0.18
Fwd EY1.77%
FCF(TTM)-0.07
FCFYN/A
OCF(TTM)4.65
OCFY45.26%
SpS9.57
BVpS20.9
TBVpS20.9
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
Industry RankSector Rank
ROA -13.16%
ROE -16.91%
ROCE 8.45%
ROIC 6.35%
ROICexc 6.36%
ROICexgc 6.36%
OM 21.48%
PM (TTM) N/A
GM 68.85%
FCFM N/A
ROA(3y)10.66%
ROA(5y)-3.82%
ROE(3y)14.48%
ROE(5y)-28.26%
ROIC(3y)8.82%
ROIC(5y)8.37%
ROICexc(3y)8.83%
ROICexc(5y)8.4%
ROICexgc(3y)8.83%
ROICexgc(5y)8.4%
ROCE(3y)11.73%
ROCE(5y)11.13%
ROICexgc growth 3Y-18.98%
ROICexgc growth 5YN/A
ROICexc growth 3Y-18.98%
ROICexc growth 5YN/A
OM growth 3Y-12.26%
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-0.26%
GM growth 5Y2.34%
F-Score6
Asset Turnover0.36
Health
Industry RankSector Rank
Debt/Equity 0.11
Debt/FCF N/A
Debt/EBITDA 0.44
Cap/Depr 158.64%
Cap/Sales 49.32%
Interest Coverage 5.13
Cash Conversion 92.48%
Profit Quality N/A
Current Ratio 0.52
Quick Ratio 0.52
Altman-Z 1.02
F-Score6
WACC8.65%
ROIC/WACC0.73
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)47.68%
Cap/Sales(5y)38.88%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-310.93%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-43.4%
EPS Next Y126.21%
EPS Next 2Y43.75%
EPS Next 3Y34.07%
EPS Next 5YN/A
Revenue 1Y (TTM)-8.93%
Revenue growth 3Y17.6%
Revenue growth 5Y13.38%
Sales Q2Q%-41.35%
Revenue Next Year-23%
Revenue Next 2Y-16.77%
Revenue Next 3Y-13.77%
Revenue Next 5YN/A
EBIT growth 1Y-21.1%
EBIT growth 3Y3.18%
EBIT growth 5YN/A
EBIT Next Year13.22%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-106.31%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-13.61%
OCF growth 3Y22.12%
OCF growth 5Y36.28%

OBSIDIAN ENERGY LTD / OBE.CA FAQ

Can you provide the ChartMill fundamental rating for OBSIDIAN ENERGY LTD?

ChartMill assigns a fundamental rating of 3 / 10 to OBE.CA.


What is the valuation status for OBE stock?

ChartMill assigns a valuation rating of 3 / 10 to OBSIDIAN ENERGY LTD (OBE.CA). This can be considered as Overvalued.


Can you provide the profitability details for OBSIDIAN ENERGY LTD?

OBSIDIAN ENERGY LTD (OBE.CA) has a profitability rating of 5 / 10.


What is the earnings growth outlook for OBSIDIAN ENERGY LTD?

The Earnings per Share (EPS) of OBSIDIAN ENERGY LTD (OBE.CA) is expected to grow by 126.21% in the next year.


How sustainable is the dividend of OBSIDIAN ENERGY LTD (OBE.CA) stock?

The dividend rating of OBSIDIAN ENERGY LTD (OBE.CA) is 0 / 10 and the dividend payout ratio is 0%.