Obsidian Energy Ltd's fundamentals are relatively stable, and its growth potential is high.Its valuation is considered fairly valued, ranking 70 out of 120 in the Oil & Gas industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Buy, with the highest price target at 19.00.In the medium term, the stock price is expected to trend down.Despite a very weak market performance over the past month, the company shows 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
70 / 120
Overall Ranking
262 / 4565
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 Profit
The company's performance has turned profitable, with the latest annual net income of USD .
Overvalued
The company’s latest PB is 0.55, at a high 3-year percentile range.
Institutional Selling
The latest institutional holdings are 18.33M shares, decreasing 14.46% quarter-over-quarter.
Lower Market Activity
The company has less investor interest, with a 20-day turnover ratio of 0.45.
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.