# Obsidian Energy Ltd. share price today (Obsidian Energy Ltd., OBE)

> Obsidian Energy Ltd.'s share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. OBE · Energy · Oil & Gas Exploration & Production · data as of 3 November 2026. Page: https://www.sectoralpha.in/us/stocks/obe

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## Key numbers

- Business trend: Getting worse, from the last 12 quarters
- Price: $10.45 (+84.3% in a year)
- P/E: 35.8×, too little history to compare yet
- Revenue (Jun 2026): $176 M (+41.7% on a year ago)
- Profit (Jun 2026): $42.0 M (+174.5% on a year ago)
- Operating margin: 35.7% (+12.8 points on a year ago)
- ROE: 3%, FY25
- ROIC: 3.0%, against a 6.3% cost of capital: −3.3 points

Biggest thing to watch: the price is not yet in a clear uptrend, so timing is the risk more than the business. ## What is the Obsidian Energy Ltd. share price today? Obsidian Energy Ltd.'s share price was $10.45 at the close on 3 November 2026. That is 2.3% above its average price over the last 200 trading days. In the last 52 weeks it traded between $6 and $14, and at that close it sat 56% of the way up from that low. Over the past 13 weeks it has done better than the S&P 500, and it has stayed ahead for 11 weeks in a row. Over the last 1 year the share price moved +87% while the S&P 500 moved +21%, so it is ahead of the index over that whole period. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What dividend does Obsidian Energy Ltd. pay? Obsidian Energy Ltd. pays no dividend. In the last 12 reported quarters it declared no dividend per share, so there is no payout history to chart and no yield to show. Companies like this usually keep their earnings in the business, so the cash-flow sections show where that cash goes. ## Which stock lists is Obsidian Energy Ltd. on? Obsidian Energy Ltd. is not in the Nasdaq 100, the S&P 500 or the Dow Jones 30, and is not on the US tech stocks list. ## Is Obsidian Energy Ltd. profitable? Obsidian Energy Ltd. earned $42.0 M of net profit in the Jun 2026 quarter, +174.5% on the same quarter a year earlier. Full-year FY25 profit was $35.2 M. Over 4 years profit has grown −46.0% a year on average. That is 23.9% of the quarter's revenue. The same quarter a year earlier earned $15.3 M. 3 of the last 12 reported quarters were loss-making. Why profit moved: revenue changed +41.7% on a year earlier and the margin moved +12.8 percentage points. Most of the change came from keeping more of each sale. On average over the last four quarters, profit changed −32.1% and revenue −16.2%. Profit is growing slower than sales: rising costs are taking part of the growth. ## How much revenue does Obsidian Energy Ltd. make, and is it growing? Obsidian Energy Ltd. reported $176 M of revenue in the Jun 2026 quarter, +41.7% on the same quarter a year earlier. Over 4 years it has grown 4.8% a year on average. The last full year, FY25, came in at $541 M. The last four reported quarters add to $544 M. FY25 revenue was $541 M, −26.0% on the year before. Recent pace: the last four quarters grew −16.2% on average, against 4.8% a year over the longer run, so this year is growing slower than its own long-run rate. Is growth speeding up? Revenue over the last 12 months grew −21.7%, against −10.8% a year over the last 8 quarters (rolling over). ## How much of every $100 of sales does Obsidian Energy Ltd. keep? Obsidian Energy Ltd.'s operating margin was 35.7% in the Jun 2026 quarter, 12.8 percentage points higher than the same quarter a year ago. Across 5 years it has been between −30.7% and 101.0%. The latest quarter is within that range. Why the margin moved: operating margin changed +12.8 percentage points on the year while gross margin changed +10.7 points. So the gain came mostly from the gross margin, which means input costs and prices charged. ## Is Obsidian Energy Ltd.'s profit turning into cash? Over the last 3 years, 110% of Obsidian Energy Ltd.'s reported profit came in as cash from its operations, so the profit is backed by cash. In FY25 it brought in $240 M of operating cash against $35.2 M of profit. After $299 M of spending on assets, free cash was −$59.4 M: it spent more than its operations brought in. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. Why: the cash figure is clear, but the day counts behind it are not in our data, so we show it without guessing the reason. What to look at next: the main use of cash is spending on assets. The next section checks what that spending is building. ## Where does Obsidian Energy Ltd.'s cash go? Obsidian Energy Ltd. does not report the customer, stock and supplier day counts a cash cycle needs, so this section looks at its spending on assets instead. It spent $1.0 B on assets over the last 3 years. Averaged over those years that is 62.8% of FY25 revenue a year. Nothing is estimated in place of the missing day counts, so no cash-cycle chart is drawn. Spending on assets: $1.0 B over the last 3 years. In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns. ## What is Obsidian Energy Ltd.'s P/E ratio, and how does it compare with its own history? Obsidian Energy Ltd.'s P/E is 35.8×, with too little history to compare. This compares the share price with the company’s own past. It does not say what the business is worth. In short: there is too little history to say whether the multiple is high or low for this company, so the earnings trend underneath matters more than the multiple. ## Is the Obsidian Energy Ltd. business getting better or worse? Obsidian Energy Ltd.'s business is getting worse. Revenue, profit and EPS growth are shrinking: revenue growth is −21.7% in the latest quarter, against +16.0% at its best in 12 quarters, with ROCE falling at 3.9%. This is based on 12 quarters of 4 measures. Why it matters: falling lines mean any ratio below that looks low should be read with that direction in mind. ## How much does Obsidian Energy Ltd. earn on its capital? Obsidian Energy Ltd. earned a ROE of 3% in FY25. That is up from a low of −14% in FY24. Its return on capital used (ROIC) is 3.3 percentage points below its cost of capital, so growth here does not yet pay for the capital it uses. It comes from a 6.5% net margin and 0.29× asset turnover (sales divided by assets). Why the return is what it is (FY25): a 6.5% net margin × 0.29× asset turnover × 1.33× leverage (assets divided by equity) ≈ 2.5% on equity. The margin does its share; borrowing plays a small part, so this return is earned, not borrowed. The key test, return on capital used minus the cost of capital: 3.0% − 6.3% = −3.3 percentage points. The 6.3% is an estimate of this company's own cost of capital. Read the sign and size of the gap, not the decimals. Negative: growth at these returns loses value until returns improve. ## Does Obsidian Energy Ltd. have too much debt? Obsidian Energy Ltd. has total debt of $375 M against shareholder equity of $1.4 B as of Jun 2026, so its debt is 0.27× its equity, which is very little. Year by year, that ratio went from 0.52 in FY21 to 0.14 in FY25. So the returns on this page come from the business, not from borrowed money. ## What is the Obsidian Energy Ltd. shareholding pattern? 13.7% of Obsidian Energy Ltd.'s tradable shares are in short positions, which are bets that the price will fall, so a large group of traders is betting against it. At normal trading volumes, closing those positions would take about 11.3 days. US companies do not publish a quarter-by-quarter list of owners, so this page uses short interest instead. It is a single reading at one point in time; we do not have its history. Why it is at this level: the figure does not say who holds the short positions or why, so we show the level without guessing the story. ## How far is Obsidian Energy Ltd. from balance-sheet trouble? For Obsidian Energy Ltd., the Z-score is 0.49. A Z-score above about 3 is safe and below about 1.8 signals danger, so this is in the danger zone. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. Why it matters: a Z-score of 0.49 is inside the danger zone, so the balance sheet is a real risk. ## How does Obsidian Energy Ltd. rank in its industry? There is no score against its industry: Obsidian Energy Ltd. is not among the largest members shown in this industry comparison for Oil & Gas Exploration & Production. The score ranks a company within its industry: each measure is scored against the other members. Without that group there is no score, so none is shown. ## Which companies is Obsidian Energy Ltd. compared with? No sector comparison is shown here, not among the largest members shown in this industry comparison. ## Which companies are close to Obsidian Energy Ltd. in size? Obsidian Energy Ltd. is the 42nd largest of 57 Oil & Gas Exploration & Production companies on Sector Alpha by market value (scores of 3 November 2026). Just above it: Riley Exploration Permian, Inc., Infinity Natural Resources, Inc. and TXO Partners, L.P. Just below it: Granite Ridge Resources, Inc., Vitesse Energy, Inc. and VAALCO Energy, Inc. ### Oil & Gas Exploration & Production companies close in size

1. [Riley Exploration Permian, Inc.](https://www.sectoralpha.in/us/stocks/repx) $1 billion
2. [Infinity Natural Resources, Inc.](https://www.sectoralpha.in/us/stocks/inr) $863 million
3. [TXO Partners, L.P.](https://www.sectoralpha.in/us/stocks/txo) $755 million
4. Obsidian Energy Ltd. $696 million
5. [Granite Ridge Resources, Inc.](https://www.sectoralpha.in/us/stocks/grnt) $674 million
6. [Vitesse Energy, Inc.](https://www.sectoralpha.in/us/stocks/vts) $651 million
7. [VAALCO Energy, Inc.](https://www.sectoralpha.in/us/stocks/egy) $590 million

[All 57 Oil & Gas Exploration & Production companies, largest first](https://www.sectoralpha.in/us/sectors/oil-gas-exploration-production#all-companies)

### Companies close in size in other industries

1. [Wave Life Sciences Ltd.](https://www.sectoralpha.in/us/stocks/wve) $694 million · Biotechnology
2. [Midland States Bancorp, Inc.](https://www.sectoralpha.in/us/stocks/msbi) $694 million · Banks - Regional
3. Obsidian Energy Ltd. $693 million
4. [Vishay Precision Group, Inc.](https://www.sectoralpha.in/us/stocks/vpg) $693 million · Scientific & Technical Instruments
5. [Granite Ridge Resources, Inc.](https://www.sectoralpha.in/us/stocks/grnt) $691 million · Oil & Gas Exploration & Production

## What else do people ask about Obsidian Energy Ltd.? ### What were Obsidian Energy Ltd. Ltd.'s latest quarterly results? Obsidian Energy Ltd. reported revenue of $176 M and net profit of $42.0 M for the Jun 2026 quarter. Revenue rose 41.7% and profit rose 174.5% compared with a year earlier. Earnings per share were $0.61. The operating margin was 35.7%, 12.8 percentage points higher than a year earlier (as of 3 November 2026). ### What is Obsidian Energy Ltd. Ltd.'s market cap? Obsidian Energy Ltd.'s market capitalisation is $696 M at a stock price of $10.45. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 November 2026). ### How is Obsidian Energy Ltd. Ltd. performing? Obsidian Energy Ltd.'s latest readings are below. In its latest quarter, revenue rose 41.7% and profit rose 174.5% compared with a year earlier. Over the past 13 weeks it has done better than the S&P 500, for 11 weeks running. This describes what the data did, not a rating (as of 3 November 2026). ### Will Obsidian Energy Ltd. Ltd.'s stock price go up? This page does not forecast Obsidian Energy Ltd.'s stock price. What it shows instead: the stock price is $10.45. Nobody can reliably say which way a price will move, and this site does not try (as of 3 November 2026). ### Where is Obsidian Energy Ltd. Ltd. in its business cycle? Obsidian Energy Ltd.'s FY25 operating margin was 15.4%, against a 5-year range of −30.7% to 101.0%: the middle of its own range, neither a peak nor a low. The latest quarter was 35.7%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 3 November 2026). ### What could break the Obsidian Energy Ltd. Ltd. story? Biggest thing to watch: the price is not yet in a clear uptrend, so timing is the risk more than the business. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 3 November 2026). ### Is Obsidian Energy Ltd. Ltd. a stock worth studying right now? What the numbers show: Obsidian Energy Ltd.'s share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. The main open question: the next one or two quarters of results. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 3 November 2026). This is research, not advice. We’re not SEBI-registered.