Stephen Loukas - Obsidian Energy CEO

OBE Stock  CAD 10.96  0.05  0.46%   

CEO

Mr. Stephen E. Loukas is Independent Director of the Company. Mr. Loukas is partner, managing member, and portfolio manager at FrontFour Capital Group LLC, a valuebased investment management firm. Previously, Mr. Loukas held roles including Director at Credit Suisse Securities where he was a Portfolio Manager and Head of Investment Research of the MultiProduct Event Proprietary Trading Group, and at Pirate Capital where he was a senior investment analyst. Mr. Loukas has also worked within the Corporationrationrate Finance Distribution Group of Scotia Capital where he focused on the structuring and syndication of leveraged loans and high yield debt. Mr. Loukas started his career at restructuring firm Zolfo Cooper where he assisted corporate clients in the development and implementation of operational and financial restructuring plans. Mr. Loukas has previously served as a director of Xinergy Ltd since 2019.
Age 46
Tenure 5 years
Address 207 ? 9th Avenue SW, Calgary, AB, Canada, T2P 1K3
Phone403 777 2500
Webhttps://www.obsidianenergy.com
Loukas received a B.A. in Finance and Accounting from New York University.

Obsidian Energy Management Efficiency

The company has return on total asset (ROA) of 0.0421 % which means that it generated a profit of $0.0421 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.055 %, meaning that it generated $0.055 on every $100 dollars invested by stockholders. Obsidian Energy's management efficiency ratios could be used to measure how well Obsidian Energy manages its routine affairs as well as how well it operates its assets and liabilities. As of the 6th of May 2024, Return On Tangible Assets is likely to grow to 0.05. Also, Return On Capital Employed is likely to grow to 0.08. At this time, Obsidian Energy's Asset Turnover is very stable compared to the past year.
The company has accumulated 2 M in total debt with debt to equity ratio (D/E) of 0.38, which is about average as compared to similar companies. Obsidian Energy has a current ratio of 0.26, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become 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.

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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 Canada and is traded on Toronto Stock Exchange. It employs 173 people. Obsidian Energy (OBE) is traded on Toronto Exchange in Canada and employs 198 people. Obsidian Energy is listed under Oil & Gas Exploration & Production category by Fama And French industry classification.

Management Performance

Obsidian Energy Leadership Team

Elected by the shareholders, the Obsidian Energy's board of directors comprises two types of representatives: Obsidian Energy inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Obsidian. The board's role is to monitor Obsidian Energy's management team and ensure that shareholders' interests are well served. Obsidian Energy's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Obsidian Energy's outside directors are responsible for providing unbiased perspectives on the board's policies.
John Brydson, Independent Director
Andrew Sweerts, Vice President - Business Development and Commercial
Peter Scott, Chief Financial Officer, Senior Vice President
William Friley, Independent Director
Stephen Loukas, Interim President, Chief Executive Officer, Director
Maureen Jackson, Independent Director
Gordon Ritchie, Independent Chairman of the Board
Mark Hodgson, Vice President - Business Development and Commercial
Raymond Crossley, Independent Director
Michael Faust, Interim President, Interim Chief Executive Officer, Director
Jay McGilvary, Senior Development
Aaron Smith, Senior Vice President - Development and Operations
William Swadling, Vice Operations
Gary Sykes, Vice President - Commercial
Edward Kernaghan, Independent Director
Mark Hawkins, Vice President - Legal, General Counsel, Corporate Secretary

Obsidian Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Obsidian Energy a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Obsidian Energy in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Obsidian Energy's short interest history, or implied volatility extrapolated from Obsidian Energy options trading.

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When determining whether Obsidian Energy is a strong investment it is important to analyze Obsidian Energy's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Obsidian Energy's future performance. For an informed investment choice regarding Obsidian Stock, refer to the following important reports:
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 board of governors.
To learn how to invest in Obsidian Stock, please use our How to Invest in Obsidian Energy 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 Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.

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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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.