Obsidian Energy Stock Performance
| OBE Stock | USD 7.33 0.19 2.53% |
Obsidian Energy has a performance score of 3 on a scale of 0 to 100. The company holds a Beta of 0.18, which implies not very significant fluctuations relative to the market. As returns on the market increase, Obsidian Energy's returns are expected to increase less than the market. However, during the bear market, the loss of holding Obsidian Energy is expected to be smaller as well. Obsidian Energy right now holds a risk of 2.12%. Please check Obsidian Energy maximum drawdown, skewness, price action indicator, as well as the relationship between the downside variance and rate of daily change , to decide if Obsidian Energy will be following its historical price patterns.
Risk-Adjusted Performance
3 of 100
Weak | Strong |
Insignificant
Compared to the overall equity markets, risk-adjusted returns on investments in Obsidian Energy are ranked lower than 3 (%) of all global equities and portfolios over the last 90 days. In spite of rather unsteady fundamental drivers, Obsidian Energy may actually be approaching a critical reversion point that can send shares even higher in June 2024. ...more
Actual Historical Performance (%)
One Day Return (2.08) | Five Day Return (2.46) | Year To Date Return 12.07 | Ten Year Return (88.31) | All Time Return (96.05) |
Last Split Factor 1:7 | Dividend Date 2019-06-10 | Ex Dividend Date 2015-09-28 | Last Split Date 2019-06-10 |
1 | Insider Buying Obsidian Energy Ltd. Director Purchases 25,000 Shares of Stock | 03/01/2024 |
2 | Energy Stocks Moving Thursday EGY, REI, PVL, OBE, NOA, HNRG, CLNE, KNTK - InvestorsObserver | 03/14/2024 |
3 | OBSIDIAN ENERGY Trade Ideas DUSP13A TradingView - TradingView | 04/01/2024 |
4 | Obsidian Energy Q1 Results and AGM Date - TipRanks.com - TipRanks | 04/25/2024 |
5 | Obsidian Energy GAAP EPS of C0.15 | 05/02/2024 |
6 | Obsidian Energy drilling expansion plans nixed by Canadian First Nation group | 05/06/2024 |
7 | DE-AGING TECHNOLOGY REUNITES RACHEL YANKEY OBE WITH HER NINE-YEAR-OLD SELF TO SPARK A DEBATE ABOUT CONFIDENCE | 05/21/2024 |
| Begin Period Cash Flow | 800 K |
Obsidian |
Obsidian Energy Relative Risk vs. Return Landscape
If you would invest 714.00 in Obsidian Energy on February 22, 2024 and sell it today you would earn a total of 38.00 from holding Obsidian Energy or generate 5.32% return on investment over 90 days. Obsidian Energy is generating 0.1031% of daily returns assuming volatility of 2.1172% on return distribution over 90 days investment horizon. In other words, 18% of stocks are less volatile than Obsidian, and above 98% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
Obsidian Energy Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Obsidian Energy's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Obsidian Energy, and traders can use it to determine the average amount a Obsidian Energy's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0487
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Estimated Market Risk
| 2.12 actual daily | 18 82% of assets are more volatile |
Expected Return
| 0.1 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 3 97% of assets perform better |
Based on monthly moving average Obsidian Energy is performing at about 3% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Obsidian Energy by adding it to a well-diversified portfolio.
Obsidian Energy Fundamentals Growth
Obsidian Stock prices reflect investors' perceptions of the future prospects and financial health of Obsidian Energy, and Obsidian Energy fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Obsidian Stock performance.
| Return On Equity | 0.055 | |||
| Return On Asset | 0.0421 | |||
| Profit Margin | 0.14 % | |||
| Operating Margin | 0.15 % | |||
| Current Valuation | 860.83 M | |||
| Shares Outstanding | 76.59 M | |||
| Price To Earning | 4.48 X | |||
| Price To Book | 0.55 X | |||
| Price To Sales | 1.01 X | |||
| Revenue | 653.3 M | |||
| Gross Profit | 549.1 M | |||
| EBITDA | 374.2 M | |||
| Net Income | 108 M | |||
| Cash And Equivalents | 9.2 M | |||
| Cash Per Share | 0.11 X | |||
| Total Debt | 228 M | |||
| Debt To Equity | 0.38 % | |||
| Current Ratio | 0.27 X | |||
| Book Value Per Share | 21.45 X | |||
| Cash Flow From Operations | 351.9 M | |||
| Earnings Per Share | 0.79 X | |||
| Market Capitalization | 576.17 M | |||
| Total Asset | 2.25 B | |||
| Retained Earnings | (635.4 M) | |||
| Working Capital | (135.4 M) | |||
| Current Asset | 308.51 M | |||
| Current Liabilities | 477.17 M | |||
About Obsidian Energy Performance
To evaluate Obsidian Energy Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Obsidian Energy generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Obsidian Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Obsidian Energy market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Obsidian's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 0.00000078 | 0.000001 | |
| Return On Tangible Assets | 0.05 | 0.05 | |
| Return On Capital Employed | 0.07 | 0.08 | |
| Return On Assets | 0.05 | 0.05 | |
| Return On Equity | 0.07 | 0.07 |
Things to note about Obsidian Energy performance evaluation
Checking the ongoing alerts about Obsidian Energy for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Obsidian Energy help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| The company has 228 M in debt with debt to equity (D/E) ratio of 0.38, which is OK given its current industry classification. Obsidian Energy has a current ratio of 0.26, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist Obsidian Energy until it has trouble settling it off, either with new capital or with free cash flow. So, Obsidian Energy's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Obsidian Energy sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Obsidian to invest in growth at high rates of return. When we think about Obsidian Energy's use of debt, we should always consider it together with cash and equity. | |
| Obsidian Energy has a very strong financial position based on the latest SEC filings | |
| Latest headline from prnewswire.com: DE-AGING TECHNOLOGY REUNITES RACHEL YANKEY OBE WITH HER NINE-YEAR-OLD SELF TO SPARK A DEBATE ABOUT CONFIDENCE |
- Analyzing Obsidian Energy's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Obsidian Energy's stock is overvalued or undervalued compared to its peers.
- Examining Obsidian Energy's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Obsidian Energy's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Obsidian Energy's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Obsidian Energy's stock. These opinions can provide insight into Obsidian Energy's potential for growth and whether the stock is currently undervalued or overvalued.
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 tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics. For information on how to trade Obsidian Stock refer to our How to Trade Obsidian Stock guide.Note that the Obsidian Energy information on this page should be used as a complementary analysis to other Obsidian Energy's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
Complementary Tools for Obsidian Stock analysis
When running Obsidian Energy's price analysis, check to measure Obsidian Energy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Obsidian Energy is operating at the current time. Most of Obsidian Energy's value examination focuses on studying past and present price action to predict the probability of Obsidian Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Obsidian Energy's price. Additionally, you may evaluate how the addition of Obsidian Energy to your portfolios can decrease your overall portfolio volatility.
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Is Obsidian Energy's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Obsidian Energy. If investors know Obsidian will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Obsidian Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.58) | Earnings Share 0.79 | Revenue Per Share 8.172 | Quarterly Revenue Growth (0.01) | Return On Assets 0.0421 |
The market value of Obsidian Energy is measured differently than its book value, which is the value of Obsidian that is recorded on the company's balance sheet. Investors also form their own opinion of Obsidian Energy's value that differs from its market value or its book value, called intrinsic value, which is Obsidian Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Obsidian Energy's market value can be influenced by many factors that don't directly affect Obsidian Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Obsidian Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Obsidian Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Obsidian Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.