Obsidian Energy Stock Fundamentals
| OBE Stock | CAD 7.83 0.40 5.38% |
Obsidian Energy fundamentals help investors to digest information that contributes to Obsidian Energy's financial success or failures. It also enables traders to predict the movement of Obsidian Stock. The fundamental analysis module provides a way to measure Obsidian Energy's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Obsidian Energy stock.
At this time, Obsidian Energy's Cost Of Revenue is very stable compared to the past year. As of the 15th of March 2025, Net Income Applicable To Common Shares is likely to grow to about 978.2 M, while Depreciation And Amortization is likely to drop about 193.1 M. Obsidian | Select Account or Indicator |
Obsidian Energy Company Return On Equity Analysis
Obsidian Energy's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current Obsidian Energy Return On Equity | -0.13 |
Most of Obsidian Energy's fundamental indicators, such as Return On Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Obsidian Energy is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Obsidian Return On Equity Driver Correlations
Understanding the fundamental principles of building solid financial models for Obsidian Energy is extremely important. It helps to project a fair market value of Obsidian Stock properly, considering its historical fundamentals such as Return On Equity. Since Obsidian Energy's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Obsidian Energy's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Obsidian Energy's interrelated accounts and indicators.
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For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
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Obsidian Total Stockholder Equity
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Based on the latest financial disclosure, Obsidian Energy has a Return On Equity of -0.1329. This is 93.29% lower than that of the Oil, Gas & Consumable Fuels sector and 107.47% lower than that of the Energy industry. The return on equity for all Canada stocks is 57.13% lower than that of the firm.
Obsidian Energy Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Obsidian Energy's current stock value. Our valuation model uses many indicators to compare Obsidian Energy value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Obsidian Energy competition to find correlations between indicators driving Obsidian Energy's intrinsic value. More Info.Obsidian Energy is regarded fifth in return on equity category among its peers. It also is regarded fifth in return on asset category among its peers . At this time, Obsidian Energy's Return On Equity is very stable compared to the past year. Comparative valuation analysis is a catch-all model that can be used if you cannot value Obsidian Energy by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Obsidian Energy's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Obsidian Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Obsidian Energy's direct or indirect competition against its Return On Equity to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Obsidian Energy could also be used in its relative valuation, which is a method of valuing Obsidian Energy by comparing valuation metrics of similar companies.Obsidian Energy is currently under evaluation in return on equity category among its peers.
Obsidian Energy Current Valuation Drivers
We derive many important indicators used in calculating different scores of Obsidian Energy from analyzing Obsidian Energy's financial statements. These drivers represent accounts that assess Obsidian Energy's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Obsidian Energy's important valuation drivers and their relationship over time.
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Market Cap | 62.6M | 391.1M | 737.3M | 658.2M | 756.9M | 719.1M | |
| Enterprise Value | 516.7M | 783.5M | 967.8M | 1.0B | 1.2B | 1.1B |
Obsidian Fundamentals
| Return On Equity | -0.13 | ||||
| Return On Asset | -0.0643 | ||||
| Profit Margin | (0.28) % | ||||
| Operating Margin | (1.92) % | ||||
| Current Valuation | 919.45 M | ||||
| Shares Outstanding | 73.68 M | ||||
| Shares Owned By Insiders | 2.76 % | ||||
| Shares Owned By Institutions | 25.41 % | ||||
| Number Of Shares Shorted | 1.12 M | ||||
| Price To Earning | 4.90 X | ||||
| Price To Book | 0.41 X | ||||
| Price To Sales | 0.79 X | ||||
| Revenue | 837.7 M | ||||
| Gross Profit | 458.1 M | ||||
| EBITDA | 452.6 M | ||||
| Net Income | (202.6 M) | ||||
| Cash And Equivalents | 9.2 M | ||||
| Cash Per Share | 0.11 X | ||||
| Total Debt | 3.5 M | ||||
| Debt To Equity | 0.38 % | ||||
| Current Ratio | 0.27 X | ||||
| Book Value Per Share | 19.08 X | ||||
| Cash Flow From Operations | 361.9 M | ||||
| Short Ratio | 4.55 X | ||||
| Earnings Per Share | (2.67) X | ||||
| Price To Earnings To Growth | 0.09 X | ||||
| Target Price | 12.5 | ||||
| Number Of Employees | 203 | ||||
| Beta | 2.19 | ||||
| Market Capitalization | 576.95 M | ||||
| Total Asset | 2.11 B | ||||
| Retained Earnings | (838 M) | ||||
| Working Capital | 216.8 M | ||||
| Current Asset | 89.7 M | ||||
| Current Liabilities | 224.25 M | ||||
| Five Year Return | 13.07 % | ||||
| Net Asset | 2.11 B |
About Obsidian Energy Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Obsidian Energy's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Obsidian Energy using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Obsidian Energy based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.| Last Reported | Projected for Next Year | ||
| Current Deferred Revenue | -167 M | -158.7 M | |
| Total Revenue | 837.7 M | 1.4 B | |
| Cost Of Revenue | 775.4 M | 1 B | |
| Stock Based Compensation To Revenue | 0.01 | 0.01 | |
| Sales General And Administrative To Revenue | 0.03 | 0.03 | |
| Capex To Revenue | 0.51 | 0.44 | |
| Revenue Per Share | 10.60 | 10.07 | |
| Ebit Per Revenue | 0.66 | 0.69 |
Pair Trading with Obsidian Energy
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Obsidian Energy position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Obsidian Energy will appreciate offsetting losses from the drop in the long position's value.Moving against Obsidian Stock
| 0.44 | NKE | NIKE Inc CDR Earnings Call This Week | PairCorr |
The ability to find closely correlated positions to Obsidian Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Obsidian Energy when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Obsidian Energy - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Obsidian Energy to buy it.
The correlation of Obsidian Energy is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Obsidian Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Obsidian Energy moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Obsidian Energy can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Obsidian Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. To learn how to invest in Obsidian Stock, please use our How to Invest in Obsidian Energy guide.You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.