Obsidian Energy Ltd.

Obsidian Energy Ltd.verified

OBE

Price:

$5.88

Market Cap:

$624.78M

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.[Read more]

Industry

Oil & Gas Exploration & Production

IPO Date

2005-11-15

Stock Exchange

AMEX

Ticker

OBE

The Current Ratio as of November 2024 (TTM) for Obsidian Energy Ltd. (OBE) is 0.45

According to Obsidian Energy Ltd.’s latest financial reports and current stock price. The company's current Current Ratio is 0.45. This represents a change of -0.08% compared to the average of 0.45 of the last 4 quarters.

Obsidian Energy Ltd. (OBE) Historical Current Ratio (quarterly & annually)

How has OBE Current Ratio performed in the past?

The mean historical Current Ratio of Obsidian Energy Ltd. over the last ten years is 0.44. The current 0.45 Current Ratio has changed 10.19% with respect to the historical average. Over the past ten years (40 quarters), OBE's Current Ratio was at its highest in in the June 2016 quarter at 1.38. The Current Ratio was at its lowest in in the December 2020 quarter at 0.11.

Quarterly (TTM)
Annual

Average

0.44

Median

0.42

Minimum

0.11

Maximum

0.99

Obsidian Energy Ltd. (OBE) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Obsidian Energy Ltd. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 174.07%

Maximum Annual Current Ratio = 0.99

Minimum Annual Increase = -61.62%

Minimum Annual Current Ratio = 0.11

Quarterly (TTM)
Annual
YearCurrent RatioChange
20230.41-8.59%
20220.45174.07%
20210.1652.64%
20200.11-61.62%
20190.28-29.93%
20180.40-39.47%
20170.66-33.33%
20160.99103.46%
20150.4912.06%
20140.43-23.61%

Obsidian Energy Ltd. (OBE) Average Current Ratio

How has OBE Current Ratio performed in the past?

The current Current Ratio of Obsidian Energy Ltd. (OBE) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

0.34

5-year avg

0.28

10-year avg

0.44

Obsidian Energy Ltd. (OBE) Current Ratio vs. Peers

How is OBE’s Current Ratio compared to its peers?

Obsidian Energy Ltd.’s Current Ratio is less than Baytex Energy Corp. (0.69), less than Vermilion Energy Inc. (1.25), less than Canadian Natural Resources Limited (0.84), greater than Ovintiv Inc. (0.00), less than Crescent Point Energy Corp. (1.03), less than Vital Energy, Inc. (0.67), greater than Antero Resources Corporation (0.28), greater than Callon Petroleum Company (0.39), less than SandRidge Energy, Inc. (2.14), less than SilverBow Resources, Inc. (0.63), less than Earthstone Energy, Inc. (0.47), less than Permian Resources Corporation (0.68), less than Comstock Resources, Inc. (0.60), less than Magnolia Oil & Gas Corporation (1.47),

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