Obsidian Energy (OBE)
Produces heavy and light oil, natural-gas liquids, and natural gas from Alberta fields.
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Produces and sells oil, natural-gas liquids, and natural gas from an Alberta-only portfolio. Revenue is tied to commodity indices, with realized prices shaped by product quality, delivery location, and transportation; Peace River heavy oil and Willesden Green light oil are the main operating platforms.
Explores for, develops, and produces heavy and light oil, natural-gas liquids, and natural gas across Alberta. Revenue comes principally from commodity sales, with contract prices indexed to market benchmarks and adjusted for product quality and delivery location.
Operates two main platforms: cold-flow heavy-oil development in Peace River and stacked light-oil development in Willesden Green, alongside a smaller Alberta Viking position and a non-operated Cardium interest. Drilling spans Clearwater, Bluesky, Cardium, Belly River, and Mannville targets.
Executes through technical and commercial decisions, production marketing, repeated drilling, and waterflood work. Results depend on commodity prices, quality and location differentials, transportation, Alberta approvals and land access, third-party infrastructure, the non-operated unit's operator, reserve estimates, and continuing decommissioning obligations.
Company facts
No analyst consensus on record.
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2026Cash & short-term investments $142.1K · Total debt $266.2M · Total assets $1.45B · Shareholders' equity $994.6M
- Revenue
- $88.1M
- Operating income
- $29.0M
- Net income
- $21.0M
Reported in CAD, converted at the latest exchange rate
No dividends on record.
| Institutions | ≈ 39.61% | 26.65M ADS | |
|---|---|---|---|
| 115 holders · as of Jun 30, 2026 · largest filers plus last quarter's tail | |||
| Insiders | 24.20% | 16.28M ADS | |
| 3 holders · as of Aug 7, 2026 | |||
| Other | ≈ 36.19% | 24.35M ADS | |
| remainder | |||
67.27M ADS as of Sep 23, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
This quarter's institutional total failed a plausibility check; shown: the largest filers plus last quarter's remainder.
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
Zhengxu HeInsider | 9.80% | 6.59M | filed Feb 7, 2020 |
Stephen LoukasInsider | 8.20% | 5.51M | filed Nov 7, 2024 |
Royal Bank of CanadaInstitution | 6.60% | 4.44M ADS | as of Jun 30, 2026 |
Edward H. KernaghanInsider | 6.20% | 4.17M | filed Aug 7, 2026 |
Arrowstreet Capital, Limited PartnershipInstitution | 4.68% | 3.15M ADS | as of Jun 30, 2026 |
Insider tradesForm 4
Nothing filed in the last 12 months.
- Baytex Energy
Largest direct rival in Peace River Bluesky and Clearwater heavy oil.
- Tennessee Valley Authority PARRS A 2029
Pure-play Clearwater rival for Alberta heavy-oil acreage and waterfloods.
CompareAfter-hours close
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Obsidian Energy | $11.13 | −0.18% | $772.6M | 58.0 | 12.0 | 2.8 | +23.7% |
| Baytex Energy | $4.59 | +0.33% | $3.51B | — | 13.0 | 13.5 | −30.8% |
| Tennessee Valley Authority PARRS A 2029 | $23.31 | +0.21% | $12.2M | — | — | 0.0 | — |
| Median | — | 13.0 | 6.7 | −30.8% |