Obsidian Energy Ltd trades with the ticker OBE on the TSX and is in the Oil & Gas E&P industry.
Overview
Obsidian Energy Ltd. primarily focuses on the exploration, production, and development of oil and natural gas properties in the Western Canada Sedimentary Basin. 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.
Looking to invest in Obsidian Energy Ltd? Our analysis brings in the key facts, competitor research and valuation metrics for you to make an informed decision.
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OBE.TO Stock Price and Key Stats
ETF Key Stats
Exchange: TSX
Market Cap : $734.383MM
PE Ratio: 7.422
Price: 7.16 (Updated: 3/12/2024 0:47:16)
Obsidian Energy Ltd (OBE) vs Competitors in Oil & Gas E&P
Lets see how OBE.TO stacks up against others in the Oil & Gas E&P asset management industry. We have identified its main peers as:Advantage Oil & Gas Ltd, Africa Oil Corp, ARC Resources Ltd, Athabasca Oil Corporation, Birchcliff Energy Ltd
.Oil & Gas E&P Industry Comparisons
| Company | Market Cap ($MM) | P/E Ratio | EV/EBITDA | Dividend Yield |
|---|---|---|---|---|
| Advantage Oil & Gas Ltd (AAV) | $1,577.226 | 16.729 | 5.77 | N/A% |
| Africa Oil Corp (AOI) | $959.473 | 8.708 | 6.836 | 3.2% |
| ARC Resources Ltd (ARX) | $13,990.234 | 8.981 | 4.539 | 2.9% |
| Athabasca Oil Corporation (ATH) | $2,937.06 | N/A | 26.708 | N/A% |
| Birchcliff Energy Ltd (BIR) | $1,471.439 | 17.25 | 4.987 | 7.2% |
EV/EBITDA: Enterprise Value to Earnings Before Interest, Taxes, Depreciation, and Amortization – this ratio compares the value of a company, including debt, to the company’s cash earnings less non-cash expenses
Industry: companies that have a lot in common
Market Cap: Market Capitalization – the total value of all a corporation’s stock
N/A: Not Applicable or Not Available
P/E: Price-to-Earnings – this ratio relates a corporation’s share price to its earnings per share
Price: Stock Price – current value to buyers and sellers
Dividend Yield: Dividend or Distribution Yield
Comparisons within Oil & Gas E&P
- Obsidian Energy Ltd (OBE) vs Advantage Oil & Gas Ltd (AAV)
- OBE has higher EPS (1.28 vs 0.59). AAV has a higher P/E ratio (16.729 vs 7.422) indicating it’s more expensive.
- Obsidian Energy Ltd (OBE) vs Africa Oil Corp (AOI)
- OBE has higher EPS (1.28 vs 0.24). AOI provides dividends, while OBE does not. AOI has a higher P/E ratio (8.708 vs 7.422) indicating it’s more expensive.
- Obsidian Energy Ltd (OBE) vs ARC Resources Ltd (ARX)
- ARX has higher EPS (2.61 vs 1.28). ARX provides dividends, while OBE does not. ARX has a higher P/E ratio (8.981 vs 7.422) indicating it’s more expensive.
- Obsidian Energy Ltd (OBE) vs Athabasca Oil Corporation (ATH)
- OBE has higher EPS (1.28 vs -0.09). ATH has a P/E under 0, indicating OBE (P/E 7.422) is in a better position.
- Obsidian Energy Ltd (OBE) vs Birchcliff Energy Ltd (BIR)
- OBE has higher EPS (1.28 vs 0.32). BIR provides dividends, while OBE does not. BIR has a higher P/E ratio (17.25 vs 7.422) indicating it’s more expensive.
Our Recommendation: Buy
Shows positive EPS growth from this year to next, suggesting improving profitability. Has a lower P/E ratio (7.42) than the industry average (9.55), indicating potential undervaluation. Features a lower EV/EBITDA ratio (2.51) than the industry average (4.55), indicating attractive valuation.
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