profit from every $100 of sales.

Obsidian Energy
Trading in the middle of its range for the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2022 to 2025.
You pay $25.93 for every $1 of profit it makes in a year.
of earnings would pay off all its debt.
Money in, money out
What Obsidian Energy sold, what it kept, and what it did with the cash.
Sales went from CA$920 million in 2022 to CA$614 million in 2025, with CA$35.2 million of profit last year.
Obsidian Energy vs. similar companies
Obsidian Energy grows the slowest of these 5 and is the most expensive for its profits.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
Obsidian Energy | 25.9× · Fair price | ||
CNOOC | 11.8× · Cheap | ||
ConocoPhillips | 20.7× · Fair price | ||
Canadian Natural Resources | 13.2× · Cheap | ||
EOG Resources | 16.2× · Fair price |
AI analysis
An AI analyst reads Obsidian Energy's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of CAD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 920 | 751 | 838 | 614 | |
| 871 | 428 | 62 | 334 | |
| 619 | 145 | -250 | 53 | |
| 595 | 384 | 15 | 273 | |
| 810 | 108 | -203 | 35 | |
| 9.60 | 1.28 | -2.67 | 0.49 | |
| 94.7% | 57.0% | 7.4% | 54.4% | |
| 67.2% | 19.3% | -29.8% | 8.6% | |
| 88.1% | 14.4% | -24.2% | 5.7% |
Balance sheet
| In millions of CAD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 2,204 | 2,250 | 2,115 | 1,855 |
| Cash | 1 | 1 | 0 | – |
| Total debt | 231 | 228 | 343 | 200 |
| Total liabilities | 625 | 607 | 709 | 463 |
| 1,580 | 1,644 | 1,406 | 1,392 | |
| 84 | 84 | 76 | 72 | |
| 26.0% | 7.3% | -10.5% | 3.5% | |
| 51.3% | 6.6% | -14.4% | 2.5% |
Cash flow
| In millions of CAD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 457 | 353 | 362 | 240 | |
| 319 | 293 | 427 | 299 | |
| 137 | 60 | -65 | -59 | |
| Dividends paid | 0 | 0 | 0 | 0 |
| 0 | 47 | 42 | 55 | |
| 5 | 8 | 8 | 8 |
Valuation
- 25.9×
- 5.0×
- –
- 0.8×
- 1.5×
- –
- 4.1×
- -6.5%
- 3.9%
- 0.0%
Profitability
- 54.4%
- 8.6%
- 5.7%
- 39.3%
- 3.6%
- 6.7%
- 0.1%
- 0.1%
- 2.4%
- –
Growth
- −12.6%
- −62.9%
- +1.8%
- –
- −5.2%
Financial health
- 0.7×
- 0.14
- 13.4%
- 3.1×
- 0.54
- 0.58
- 0.28
How it ranks in Energy
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| May 7, 2026 | -0.20 | 0.07 | −392.8% |
| Feb 19, 2026 | -0.13 | 0.10 | −227.6% |
| Oct 30, 2025 | 0.17 | 0.20 | −13.9% |
| Jul 30, 2025 | 0.15 | 0.17 | −11.2% |
| May 7, 2025 | 0.14 | -4.11 | +103.4% |
| Feb 25, 2025 | -2.64 | 0.52 | −610.6% |
| Oct 31, 2024 | 0.31 | 1.06 | −70.8% |
| Aug 1, 2024 | 0.34 | 1.00 | −66.0% |
News
No recent news on file.
Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
0/7Passes 0 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Questions about Obsidian Energy
Is Obsidian Energy a good stock to buy?
A business with weak numbers at a fair price. 0 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Obsidian Energy AI analysis
What does Obsidian Energy do?
Obsidian Energy Ltd. engages in the exploration, development, and production of oil and natural gas in Western Canada. Its portfolio of properties includes unitized and non-unitized light oil, heavy oil, and natural gas production. It is in Oil & Gas E&P.
Does Obsidian Energy pay a dividend?
No. Obsidian Energy does not pay a dividend at the moment; in 2025 it returned $54.9 million to shareholders by buying back its own shares.
Is Obsidian Energy stock halal?
Yes. Obsidian Energy passes our halal screen: its business is permitted and its debt is 22% of its market value, under the 30% limit. How we check
How has Obsidian Energy stock done over the past year?
Up 57.7% over the past twelve months, to $9.73. It traded between $5.55 and $14.46 and is 32.7% below its high.
Who are Obsidian Energy's competitors?
The largest listed companies in the same industry are CNOOC, ConocoPhillips, Canadian Natural Resources and EOG Resources. The peers table on this page compares their profit, growth and price with Obsidian Energy's.
Prices: daily closes to Nov 12, 2026. Fundamentals: company reports via invest-like data.



