Obsidian Energy Financials

Obsidian Energy Stock Summary

Obsidian Energy competes with Baytex Energy, Vermilion Energy, Canadian Natural, Ovintiv, and Vital Energy. Obsidian Energy Ltd. primarily focuses on the exploration, production, and development of oil and natural gas properties in the Western Canada Sedimentary Basin. The company was formerly known as Penn West Petroleum Ltd. and changed its name to Obsidian Energy Ltd. in June 2017. Obsidian Energy operates under Oil Gas EP classification in the United States and is traded on AMEX Exchange. It employs 173 people.

Obsidian Energy Key Financial Ratios

Obsidian Energy Key Balance Sheet Accounts

Obsidian Energy Key Income Statement Accounts

Obsidian Energy Key Cash Accounts

Obsidian Financial Ratios 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 rated below average in return on equity category among its peers. It is rated below average in return on asset category among its peers . Comparative valuation analysis is a catch-all technique that is used if you cannot value Obsidian Energy by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Obsidian Energy Systematic Risk

Along with financial statement analysis, the daily predictive indicators of Obsidian Energy help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Obsidian Energy. We use our internally-developed statistical techniques to arrive at the intrinsic value of Obsidian Energy based on widely used predictive technical indicators. In general, we focus on analyzing Obsidian Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Obsidian Energy's daily price indicators and compare them against related drivers.

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.