Obsidian Energy Ltd.: Business Overview, Financials & Competitive Analysis
Obsidian Energy Ltd. scores 7/10 on the AskCyborg Cyborg Score (Strong). Leveraged pure-play energy producer with strong momentum, attractive dividends, and operational excellence in Western Canada assets. OBE demonstrates exceptional financial performance with 148% 3-year market cap growth and TSX30 recognition. Strong operational execution with production growth initiatives and unhedged upside to oil prices. Environmental/regulatory headwinds (2023 seismic incidents) present.
What is Obsidian Energy Ltd.'s industry? Obsidian Energy Ltd. (obsidianenergy.com) operates in Oil & Gas Exploration and Production. AskCyborg classifies Obsidian Energy Ltd. under Oil & Gas Exploration and Production in its company registry.
Obsidian Energy Ltd. engages in the exploration, development, and production of oil and natural gas in Western Canada, with a portfolio of properties including unitized and non-unitized light oil, heavy oil, and natur...
Cyborg Score thesis
Leveraged pure-play energy producer with strong momentum, attractive dividends, and operational excellence in Western Canada...
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Get Current Report FreeObsidian Energy Ltd. Overview
Pro stress-test →Obsidian Energy Ltd. engages in the exploration, development, and production of oil and natural gas in Western Canada, with a portfolio of properties including unitized and non-unitized light oil, heavy oil, and natural gas production. The company was recognized for Excellent in Growth in the 2024 TSX30 with a 148% 3-year market cap increase and a 142% 3-year dividend-adjusted share price performance.
Strategic Profile
Pro stress-test →Obsidian Energy Ltd is an intermediate-sized oil and gas producer with strategic assets in Alberta. Its property portfolio includes Cardium, Viking, and Peace River. The company has been recognized as a winner of Canada's Top Employers: Small and Medium Employers for the second consecutive year – and only oil and gas company that were awarded this distinction.
Competitive Landscape
Pro stress-test →Obsidian operates in the Western Canada Sedimentary Basin exploration, development and production segment. Key competitors include other intermediate-sized Canadian oil & gas producers (Cenovus, Tourmaline, Baytex) and major integrated companies with Western Canada operations.
Industry Context
Obsidian Energy Ltd. operates in Oil & Gas Exploration and Production.
Key facts
Founded: 1979 · Headquarters: Calgary, Alberta, Canada · Employees: N/A · Revenue: N/A · Market cap: $660M CAD