OBE.TO
Price:
$8.33
Market Cap:
$633.12M
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
1996-04-25
Stock Exchange
TSX
Ticker
OBE.TO
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.
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.TO'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.
Average
0.44
Median
0.42
Minimum
0.11
Maximum
0.99
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
Year | Current Ratio | Change |
---|---|---|
2023 | 0.41 | -8.59% |
2022 | 0.45 | 174.07% |
2021 | 0.16 | 52.64% |
2020 | 0.11 | -61.62% |
2019 | 0.28 | -29.93% |
2018 | 0.40 | -39.47% |
2017 | 0.66 | -33.33% |
2016 | 0.99 | 103.46% |
2015 | 0.49 | 12.06% |
2014 | 0.43 | -23.61% |
The current Current Ratio of Obsidian Energy Ltd. (OBE.TO) 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.’s Current Ratio is less than Bonterra Energy Corp. (0.51), less than Cardinal Energy Ltd. (0.73), less than Crew Energy Inc. (0.69), less than Surge Energy Inc. (0.50), less than InPlay Oil Corp. (1.00),
Company | Current Ratio | Market cap |
---|---|---|
0.51 | $128.02M | |
0.73 | $1.02B | |
0.69 | $1.16B | |
0.50 | $599.43M | |
1.00 | $171.23M |
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