Obsidian Energy Ltd's fundamentals are relatively healthy, with an industry-leading ESG disclosure.and its growth potential is significant.Its valuation is considered fairly valued, ranking 66 out of 119 in the Oil & Gas industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Hold, with the highest price target at 9.50.In the medium term, the stock price is expected to trend up.The company has been performing strongly in the stock market over the past month, which is supported by its strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Obsidian Energy Ltd's Score
Industry at a Glance
Industry Ranking
66 / 119
Overall Ranking
213 / 4521
Industry
Oil & Gas
Support & Resistance
Relevant data have not been disclosed by the company yet.
Score Analysis
Current score
Previous score
Media Coverage
Last 24 hours
Coverage Level
Very Low
Very High
Neutral
Obsidian Energy Ltd Highlights
StrengthsRisks
Obsidian Energy Ltd. is a Canada-based intermediate-sized oil and gas producer with a portfolio of assets, primarily in the Peace River, Willesden Green, and Viking areas in Alberta. The Company's business is to explore for, develop and hold interests in oil and natural gas properties and related production infrastructure in the Western Canada Sedimentary Basin. Its principal business consists of the exploration, development and production of petroleum resources. The Peace River is a cold-flow heavy oil resource within the heart of the Peace River Oilsands region. It has full ownership of a large, contiguous approximately 700 section area of land at Peace River. Willesden Green & PCU#11 provides an extensive acreage totaling 226 net sections prospective for Cardium, Belly River and Mannville play. The Viking is a light oil development play with associated natural gas located in central Alberta.
Turnaround to Loss
The company's performance has turned to a loss, with the latest annual loss of USD .
Overvalued
The company’s latest PB is 0.50, at a high 3-year percentile range.
Institutional Selling
The latest institutional holdings are 19.18M shares, decreasing 5.01% quarter-over-quarter.
Lower Market Activity
The company has less investor interest, with a 20-day turnover ratio of -0.39.
Analyst Rating
Based on
2
analysts
Hold
Current Rating
9.500
Target Price
+32.50%
Upside Space
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
Obsidian Energy Ltd. is a Canada-based intermediate-sized oil and gas producer with a portfolio of assets, primarily in the Peace River, Willesden Green, and Viking areas in Alberta. The Company's business is to explore for, develop and hold interests in oil and natural gas properties and related production infrastructure in the Western Canada Sedimentary Basin. Its principal business consists of the exploration, development and production of petroleum resources. The Peace River is a cold-flow heavy oil resource within the heart of the Peace River Oilsands region. It has full ownership of a large, contiguous approximately 700 section area of land at Peace River. Willesden Green & PCU#11 provides an extensive acreage totaling 226 net sections prospective for Cardium, Belly River and Mannville play. The Viking is a light oil development play with associated natural gas located in central Alberta.