Obsidian Energy Ltd.

Obsidian Energy Ltd.verified

OBE

Price:

$7.61

Market Cap:

$794.92M

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 PE Ratio as of July 2024 (TTM) for Obsidian Energy Ltd. (OBE) is 9.76

According to Obsidian Energy Ltd.’s latest financial reports and current stock price. The company's current PE Ratio is 9.76. This represents a change of -4.90% compared to the average of 10.26 of the last 4 quarters.

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

How has OBE PE Ratio performed in the past?

The mean historical PE Ratio of Obsidian Energy Ltd. over the last ten years is -0.36. The current 9.76 PE Ratio has changed -270607.91% with respect to the historical average. Over the past ten years (40 quarters), OBE's PE Ratio was at its highest in in the December 2020 quarter at 52.35. The PE Ratio was at its lowest in in the September 2014 quarter at -62.32.

Quarterly (TTM)
Annual

Average

-0.36

Median

-0.15

Minimum

-9.69

Maximum

6.72

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

Discovering the peaks and valleys of Obsidian Energy Ltd. PE 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 = 682.83%

Maximum Annual PE Ratio = 6.72

Minimum Annual Increase = -2856.95%

Minimum Annual PE Ratio = -9.69

Quarterly (TTM)
Annual
YearPE RatioChange
20236.72638.76%
20220.91-57.69%
20212.15-2856.95%
2020-0.08-7.76%
2019-0.08-90.73%
2018-0.91-90.59%
2017-9.69464.90%
2016-1.72682.83%
2015-0.22-68.14%
2014-0.69-86.61%

Obsidian Energy Ltd. (OBE) Average PE Ratio

How has OBE PE Ratio performed in the past?

The current PE 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

3.26

5-year avg

1.92

10-year avg

-0.36

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

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

Obsidian Energy Ltd.’s PE Ratio is greater than Baytex Energy Corp. (-13.31), greater than Vermilion Energy Inc. (-3.95), less than Canadian Natural Resources Limited (14.18), greater than Ovintiv Inc. (6.48), greater than Crescent Point Energy Corp. (-125.01), greater than Vital Energy, Inc. (3.07), less than Antero Resources Corporation (151.05), greater than Callon Petroleum Company (5.99), less than SandRidge Energy, Inc. (9.85), greater than SilverBow Resources, Inc. (5.18), greater than Earthstone Energy, Inc. (4.95), less than Permian Resources Corporation (17.03), less than Comstock Resources, Inc. (47.70), less than Magnolia Oil & Gas Corporation (12.29),

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