24 years of historical data (2001–2024) · Energy · Oil & Gas Exploration & Production
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Obsidian Energy Ltd. currently has a negative P/E ratio, indicating the company is operating at a loss on a trailing-twelve-month basis.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $527M | $440M | $570M | $560M | $320M | $49M | $52M | $204M | $625M | $889M | $420M |
| Enterprise Value | $777M | $783M | $798M | $791M | $712M | $503M | $626M | $623M | $982M | $1.3B | $2.4B |
| P/E Ratio → | -4.02 | — | 5.30 | 0.69 | 0.77 | — | — | — | — | — | — |
| P/S Ratio | 0.86 | 0.53 | 0.87 | 0.61 | 0.71 | 0.18 | 0.13 | 0.46 | 1.43 | 1.46 | 0.35 |
| P/B Ratio | 0.58 | 0.31 | 0.35 | 0.35 | 0.42 | 0.15 | 0.05 | 0.11 | 0.29 | 0.40 | 0.14 |
| P/FCF | — | — | 9.57 | 4.08 | 5.54 | 2.21 | — | — | — | — | — |
| P/OCF | 1.99 | 1.22 | 1.62 | 1.23 | 1.61 | 0.62 | 0.68 | 2.06 | 5.00 | — | 2.40 |
P/E links to full P/E history page with 30-year chart
Enterprise-value multiples — capital-structure-neutral measures of total business value
Obsidian Energy Ltd.'s enterprise value stands at 2.6x EBITDA, 52% above its 5-year average of 1.7x. The Energy sector median is 7.3x, placing the stock at a 65% discount on an enterprise-value basis.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 0.93 | 1.22 | 0.86 | 1.59 | 1.84 | 1.51 | 1.40 | 2.25 | 2.22 | 1.99 |
| EV / EBITDA | 2.58 | 1.90 | 1.36 | 1.08 | 2.11 | 2.02 | — | 8.09 | 6.63 | — | 107.16 |
| EV / EBIT | — | — | 4.62 | 1.31 | 1.57 | 13.53 | — | — | — | — | — |
| EV / FCF | — | — | 13.38 | 5.76 | 12.34 | 22.67 | — | — | — | — | — |
Margins and return-on-capital ratios measuring operating efficiency
Obsidian Energy Ltd. earns an operating margin of -29.8%, below the Energy sector average of 13.9%. Operating margins have compressed from 54.6% to -29.8% over the past 3 years, signaling potential cost pressures or competitive headwinds. A negative ROE of -13.3% indicates the company is currently destroying shareholder equity.
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 7.4% | 7.4% | 62.7% | 75.6% | 64.2% | -275.0% | -160.3% | -36.3% | -21.1% | -57.7% | -160.5% |
| Operating Margin | -29.8% | -29.8% | 57.3% | 54.6% | 56.4% | 43.2% | -175.7% | -49.8% | -34.8% | -118.9% | -197.6% |
| Net Profit Margin | -24.2% | -24.2% | 16.5% | 88.1% | 92.2% | -282.9% | -189.4% | -68.7% | -19.2% | -114.5% | -222.9% |
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | -13.3% | -13.3% | 6.7% | 69.1% | 76.2% | -109.1% | -53.2% | -15.1% | -3.8% | -26.9% | -62.1% |
| ROA | -9.3% | -9.3% | 4.8% | 44.6% | 34.6% | -53.8% | -34.6% | -10.8% | -2.6% | -15.0% | -33.5% |
| ROIC | -10.3% | -10.3% | 15.2% | 25.4% | 19.7% | 7.2% | -27.7% | -6.9% | -4.4% | -14.3% | -28.1% |
| ROCE | -12.9% | -12.9% | 18.7% | 34.9% | 38.5% | 13.7% | -38.9% | -8.5% | -5.3% | -17.4% | -33.0% |
Solvency and debt-coverage ratios — lower is generally safer
Obsidian Energy Ltd. carries a Debt/EBITDA ratio of 0.8x, which is very conservative (67% below the sector average of 2.5x).
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.24 | 0.24 | 0.14 | 0.15 | 0.52 | 1.43 | 0.53 | 0.23 | 0.17 | 0.21 | 0.66 |
| Debt / EBITDA | 0.83 | 0.83 | 0.39 | 0.32 | 1.18 | 1.86 | — | 5.47 | 2.43 | — | 88.18 |
| Net Debt / Equity | — | 0.24 | 0.14 | 0.15 | 0.51 | 1.41 | 0.53 | 0.22 | 0.16 | 0.20 | 0.66 |
| Net Debt / EBITDA | 0.83 | 0.83 | 0.39 | 0.31 | 1.16 | 1.82 | — | 5.44 | 2.41 | — | 88.09 |
| Debt / FCF | — | — | 3.82 | 1.68 | 6.80 | 20.45 | — | — | — | — | — |
| Interest Coverage | -7.49 | -7.49 | 11.77 | 15.17 | 8.57 | 4.03 | -23.35 | -10.52 | -6.61 | -6.34 | -14.48 |
Short-term solvency ratios and asset-utilisation metrics
A current ratio of 1.79x means Obsidian Energy Ltd. can comfortably meet its short-term obligations, though there is limited excess liquidity. The current ratio has improved from 0.45x to 1.79x over the past 3 years.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 1.79 | 1.79 | 0.41 | 0.45 | 0.16 | 0.11 | 0.28 | 0.40 | 0.66 | 0.99 | 0.49 |
| Quick Ratio | 1.79 | 1.79 | 0.41 | 0.42 | 0.16 | 0.11 | 0.14 | 0.35 | 0.44 | 0.41 | 0.26 |
| Cash Ratio | 0.00 | — | 0.00 | 0.00 | 0.01 | 0.01 | 0.00 | 0.01 | 0.01 | 0.03 | 0.00 |
| Asset Turnover | — | 0.40 | 0.29 | 0.42 | 0.31 | 0.28 | 0.22 | 0.17 | 0.15 | 0.18 | 0.20 |
| Inventory Turnover | 36.18 | — | — | 36.18 | 0.06 | 1295.75 | 12.74 | 67.22 | 8.27 | 4.82 | 21.47 |
| Days Sales Outstanding | — | 38.34 | 39.11 | 32.77 | 56.02 | 54.59 | 61.86 | 43.57 | 87.70 | 67.84 | 47.35 |
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Obsidian Energy Ltd. returns 5.8% to shareholders annually primarily through share buybacks.
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | — | — | — | — | — | — | — | — | — | — | 17.9% |
| Payout Ratio | — | — | — | — | — | — | — | — | — | — | — |
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | — | — | 18.9% | 144.6% | 129.6% | — | — | — | — | — | — |
| FCF Yield | — | — | 10.5% | 24.5% | 18.0% | 45.2% | — | — | — | — | — |
| Buyback Yield | 5.8% | 9.5% | 8.3% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Total Shareholder Yield | 5.8% | 9.5% | 8.3% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 17.9% |
| Shares Outstanding | — | $76M | $84M | $84M | $78M | $73M | $73M | $72M | $72M | $72M | $72M |
Compare OBE with 4 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
| OBEYou | $527M | -4.0 | 2.6 | — | 7.4% | -29.8% | -13.3% | -10.3% | 0.8 |
| CNQ | $91B | 21.0 | 6.2 | 15.4 | 49.3% | 47.1% | 15.4% | 23.0% | 0.9 |
| BTE | $3B | 17.5 | 2.9 | 6.8 | 24.4% | 18.3% | 5.9% | 9.1% | 1.1 |
| GFR | $745M | 4.8 | 4.0 | 17.8 | 32.6% | 28.7% | 16.0% | 16.5% | 1.0 |
| BRN | $14M | -1.7 | — | — | 11.6% | -39.1% | -68.8% | -61.9% | — |
| Energy Median | — | 16.8 | 7.3 | 11.5 | 35.3% | 13.9% | 8.2% | 6.8% | 2.5 |
Peers based on L4 peer group classification. Compare multiple stocks →
Includes 30+ ratios · 24 years · Updated daily
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Start ComparisonObsidian Energy Ltd.'s current P/E ratio is -4.0x. The historical average is 11.8x.
Obsidian Energy Ltd.'s current EV/EBITDA is 2.6x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 4.7x.
Obsidian Energy Ltd.'s return on equity (ROE) is -13.3%. The historical average is -0.3%.
Based on historical data, Obsidian Energy Ltd. is trading at a P/E of -4.0x. Compare with industry peers and growth rates for a complete picture.
Obsidian Energy Ltd. has 7.4% gross margin and -29.8% operating margin.
Obsidian Energy Ltd.'s Debt/EBITDA ratio is 0.8x, indicating low leverage. A ratio below 2x is generally considered financially healthy.