OBSIDIAN ENERGY LTD (OBE.CA) Stock Fundamental Analysis
TSX:OBE • CA6744822033
10.72 CAD
+0.22 (+2.1%)
Last: Feb 27, 2026, 07:00 PM
We assign a fundamental rating of 3 out of 10 to OBE. OBE was compared to 210 industry peers in the Oil, Gas & Consumable Fuels industry. There are concerns on the financial health of OBE while its profitability can be described as average. OBE is valued expensive and it does not seem to be growing.
1. Profitability
1.1 Basic Checks
- OBE had negative earnings in the past year.
- In the past year OBE had a positive cash flow from operations.
- The reported net income has been mixed in the past 5 years: OBE reported negative net income in multiple years.
- Each year in the past 5 years OBE had a positive operating cash flow.
1.2 Ratios
- OBE has a worse Return On Assets (-13.16%) than 60.66% of its industry peers.
- OBE has a Return On Equity (-16.91%) which is in line with its industry peers.
- The Return On Invested Capital of OBE (6.35%) is better than 81.99% of its industry peers.
- The Average Return On Invested Capital over the past 3 years for OBE is above the industry average of 6.66%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -13.16% | ||
| ROE | -16.91% | ||
| ROIC | 6.35% |
ROA(3y)10.66%
ROA(5y)-3.82%
ROE(3y)14.48%
ROE(5y)-28.26%
ROIC(3y)8.82%
ROIC(5y)8.37%
1.3 Margins
- Looking at the Operating Margin, with a value of 21.48%, OBE is in the better half of the industry, outperforming 77.73% of the companies in the same industry.
- OBE's Operating Margin has declined in the last couple of years.
- OBE has a better Gross Margin (68.85%) than 84.83% of its industry peers.
- In the last couple of years the Gross Margin of OBE has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 21.48% | ||
| PM (TTM) | N/A | ||
| GM | 68.85% |
OM growth 3Y-12.26%
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-0.26%
GM growth 5Y2.34%
2. Health
2.1 Basic Checks
- With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), OBE is creating some value.
- OBE has less shares outstanding than it did 1 year ago.
- Compared to 5 years ago, OBE has more shares outstanding
- Compared to 1 year ago, OBE has a worse debt to assets ratio.
2.2 Solvency
- Based on the Altman-Z score of 1.11, we must say that OBE is in the distress zone and has some risk of bankruptcy.
- OBE's Altman-Z score of 1.11 is fine compared to the rest of the industry. OBE outperforms 63.51% of its industry peers.
- OBE has a Debt/Equity ratio of 0.11. This is a healthy value indicating a solid balance between debt and equity.
- OBE has a Debt to Equity ratio of 0.11. This is in the better half of the industry: OBE outperforms 69.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.11 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.11 |
ROIC/WACC0.78
WACC8.16%
2.3 Liquidity
- A Current Ratio of 0.52 indicates that OBE may have some problems paying its short term obligations.
- OBE has a worse Current ratio (0.52) than 70.62% of its industry peers.
- A Quick Ratio of 0.52 indicates that OBE may have some problems paying its short term obligations.
- OBE has a Quick ratio of 0.52. This is in the lower half of the industry: OBE underperforms 63.98% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.52 | ||
| Quick Ratio | 0.52 |
3. Growth
3.1 Past
- OBE shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -310.93%.
- OBE shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 12.01%.
- OBE shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 13.38% yearly.
EPS 1Y (TTM)-310.93%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%95.22%
Revenue 1Y (TTM)12.01%
Revenue growth 3Y17.6%
Revenue growth 5Y13.38%
Sales Q2Q%-44.2%
3.2 Future
- OBE is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 34.07% yearly.
- Based on estimates for the next years, OBE will show a very negative growth in Revenue. The Revenue will decrease by -10.75% on average per year.
EPS Next Y126.21%
EPS Next 2Y43.75%
EPS Next 3Y34.07%
EPS Next 5YN/A
Revenue Next Year-23.95%
Revenue Next 2Y-22.16%
Revenue Next 3Y-10.75%
Revenue Next 5YN/A
3.3 Evolution
- The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
- OBE reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
- The Price/Forward Earnings ratio is 58.97, which means the current valuation is very expensive for OBE.
- OBE's Price/Forward Earnings is on the same level as the industry average.
- When comparing the Price/Forward Earnings ratio of OBE to the average of the S&P500 Index (28.05), we can say OBE is valued expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 58.97 |
4.2 Price Multiples
- 97.16% of the companies in the same industry are more expensive than OBE, based on the Enterprise Value to EBITDA ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 2.58 |
4.3 Compensation for Growth
- The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
- A more expensive valuation may be justified as OBE's earnings are expected to grow with 34.07% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y43.75%
EPS Next 3Y34.07%
5. Dividend
5.1 Amount
- No dividends for OBE!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
TSX:OBE (2/27/2026, 7:00:00 PM)
10.72
+0.22 (+2.1%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)02-19 2026-02-19/bmo
Earnings (Next)05-07 2026-05-07
Inst Owners28.85%
Inst Owner ChangeN/A
Ins Owners7.27%
Ins Owner ChangeN/A
Market Cap721.56M
Revenue(TTM)739.80M
Net Income(TTM)-237.30M
Analysts74.29
Price Target10.88 (1.49%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DP0%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)8.02%
PT rev (3m)8.02%
EPS NQ rev (1m)0%
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-1.23%
Revenue NY rev (3m)-1.23%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 58.97 | ||
| P/S | 1.12 | ||
| P/FCF | N/A | ||
| P/OCF | 2.31 | ||
| P/B | 0.51 | ||
| P/tB | 0.51 | ||
| EV/EBITDA | 2.58 |
EPS(TTM)-2.74
EYN/A
EPS(NY)0.18
Fwd EY1.7%
FCF(TTM)-0.07
FCFYN/A
OCF(TTM)4.64
OCFY43.28%
SpS9.54
BVpS20.84
TBVpS20.84
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -13.16% | ||
| ROE | -16.91% | ||
| ROCE | 8.45% | ||
| ROIC | 6.35% | ||
| ROICexc | 6.36% | ||
| ROICexgc | 6.36% | ||
| OM | 21.48% | ||
| PM (TTM) | N/A | ||
| GM | 68.85% | ||
| FCFM | N/A |
ROA(3y)10.66%
ROA(5y)-3.82%
ROE(3y)14.48%
ROE(5y)-28.26%
ROIC(3y)8.82%
ROIC(5y)8.37%
ROICexc(3y)8.83%
ROICexc(5y)8.4%
ROICexgc(3y)8.83%
ROICexgc(5y)8.4%
ROCE(3y)11.73%
ROCE(5y)11.13%
ROICexgc growth 3Y-18.98%
ROICexgc growth 5YN/A
ROICexc growth 3Y-18.98%
ROICexc growth 5YN/A
OM growth 3Y-12.26%
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-0.26%
GM growth 5Y2.34%
F-Score6
Asset Turnover0.36
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.11 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 0.44 | ||
| Cap/Depr | 158.64% | ||
| Cap/Sales | 49.32% | ||
| Interest Coverage | 5.13 | ||
| Cash Conversion | 92.48% | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.52 | ||
| Quick Ratio | 0.52 | ||
| Altman-Z | 1.11 |
F-Score6
WACC8.16%
ROIC/WACC0.78
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)47.68%
Cap/Sales(5y)38.88%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-310.93%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%95.22%
EPS Next Y126.21%
EPS Next 2Y43.75%
EPS Next 3Y34.07%
EPS Next 5YN/A
Revenue 1Y (TTM)12.01%
Revenue growth 3Y17.6%
Revenue growth 5Y13.38%
Sales Q2Q%-44.2%
Revenue Next Year-23.95%
Revenue Next 2Y-22.16%
Revenue Next 3Y-10.75%
Revenue Next 5YN/A
EBIT growth 1Y-21.1%
EBIT growth 3Y3.18%
EBIT growth 5YN/A
EBIT Next Year1.69%
EBIT Next 3Y3.7%
EBIT Next 5YN/A
FCF growth 1Y-106.31%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-13.61%
OCF growth 3Y22.12%
OCF growth 5Y36.28%
OBSIDIAN ENERGY LTD / OBE.CA FAQ
Can you provide the ChartMill fundamental rating for OBSIDIAN ENERGY LTD?
ChartMill assigns a fundamental rating of 3 / 10 to OBE.CA.
What is the valuation status for OBE stock?
ChartMill assigns a valuation rating of 3 / 10 to OBSIDIAN ENERGY LTD (OBE.CA). This can be considered as Overvalued.
Can you provide the profitability details for OBSIDIAN ENERGY LTD?
OBSIDIAN ENERGY LTD (OBE.CA) has a profitability rating of 5 / 10.
What is the earnings growth outlook for OBSIDIAN ENERGY LTD?
The Earnings per Share (EPS) of OBSIDIAN ENERGY LTD (OBE.CA) is expected to grow by 126.21% in the next year.
How sustainable is the dividend of OBSIDIAN ENERGY LTD (OBE.CA) stock?
The dividend rating of OBSIDIAN ENERGY LTD (OBE.CA) is 0 / 10 and the dividend payout ratio is 0%.