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OverviewPriceRevenueEarningsP/ERatiosDividendTargets

Obsidian Energy Ltd. (OBE) Quarterly Financial Ratios

Last 47 quarters of trend data · Energy · Oil & Gas Exploration & Production

← View 30-Year Annual Ratios

Valuation Multiples

Quarterly valuation ratios — annualised for comparability. YoY Δ shows same-quarter-prior-year change.

Obsidian Energy Ltd.'s quarterly P/E stands at 6.8x, up 106.6% year-over-year — indicating the stock has re-rated higher or earnings have softened. EV/EBITDA has expanded 211.3% YoY to 3.2x, reflecting rising market expectations or slowing EBITDA growth.

MetricTTMQ3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23Q1 '23Q4 '22
P/E Ratio →-4.026.816.617.33—3.304.0713.704.046.856.634.440.22
—+106.6%+62.5%-46.5%—-51.9%-38.6%+208.3%+1762.3%+41.4%+362.2%-57.9%-96.2%
P/S Ratio0.860.860.730.520.530.570.801.010.890.820.710.710.64
—+52.4%-9.6%-48.8%-41.3%-31.3%+13.3%+43.2%+39.1%+17.5%+22.2%-20.3%+31.8%
P/B Ratio0.580.320.290.320.330.260.360.400.340.420.310.330.35
—+25.0%-17.9%-20.9%-3.4%-38.6%+16.6%+20.1%-2.8%-34.6%-57.8%-64.4%-14.3%
P/FCF——6.78—3.534.41——7.823.494.49—4.65
————-54.9%+26.5%——+68.0%-0.7%+131.4%—+8.6%
EV / EBITDA2.583.192.462.081.941.031.35—1.382.282.342.200.30
—+211.3%+81.9%—+41.0%-55.0%-42.0%—+359.8%+19.9%+61.6%-12.0%-88.5%
EV / EBIT—6.846.357.16—3.754.1011.583.665.445.984.260.50
—+82.3%+54.8%-38.2%—-31.0%-31.4%+171.6%+638.7%+25.0%+194.0%-53.0%-91.6%

Profitability

Quarterly margins and returns. Watch for margin compression across consecutive quarters.

Obsidian Energy Ltd.'s operating margin was 1.8% in Q3 2025, down 10.7 pp QoQ and down 61.6 pp YoY. This marks the 3rd consecutive quarter of margin compression, signaling a persistent pressure on profitability that investors should monitor. The trailing four-quarter average of -34.5% lags the current quarter, suggesting the recent improvement is above-trend. Gross margin contracted 16.6% YoY, suggesting cost inflation or competitive pricing pressure.

Margins

MetricTTMQ3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23Q1 '23Q4 '22
Gross Margin7.4%53.1%54.6%60.4%-132.7%63.6%65.6%65.0%61.8%36.4%29.3%31.3%71.7%
—-16.6%-16.8%-7.1%-314.8%+74.6%+124.0%+107.6%-13.9%+32.8%-44.4%-22.3%+140.9%
Operating Margin-29.8%1.8%12.5%19.2%-171.6%63.3%62.5%-70.4%60.1%19.9%18.1%20.7%295.1%
—-97.2%-80.0%+127.3%-385.3%+217.7%+244.3%-439.2%-79.6%-1.4%-60.3%-28.0%+1477.0%
Net Margin-24.2%12.8%10.9%7.1%-130.8%17.1%20.0%7.3%22.2%12.0%10.6%16.1%296.7%
—-25.1%-45.3%-2.3%-690.4%+43.3%+88.9%-54.5%-92.5%-17.3%-73.8%+94.9%+2063.1%

Return on Capital

MetricTTMQ3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23Q1 '23Q4 '22
ROE-13.3%1.2%1.1%1.1%-18.3%2.0%2.2%0.7%2.1%1.5%1.1%1.9%50.0%
—-38.8%-51.1%+51.1%-974.5%+28.7%+95.7%-62.2%-95.8%-54.8%-91.5%-13.6%+1605.8%
ROA-9.3%0.9%0.8%0.7%-12.6%1.4%1.6%0.5%1.5%1.1%0.8%1.4%33.5%
—-33.7%-51.8%+37.8%-922.2%+24.0%+91.8%-61.9%-95.4%-44.7%-89.0%+17.1%+2031.7%
ROIC-10.3%0.1%0.8%1.8%-14.7%4.5%4.4%-4.5%3.7%1.6%1.3%1.6%31.2%
—-97.6%-82.2%+139.1%-494.5%+171.7%+247.1%-382.0%-88.0%-38.4%-84.4%-58.7%+1496.7%

Leverage & Debt

Quarterly solvency trend — watch for debt spikes or covenant pressure.

Obsidian Energy Ltd.'s Debt/EBITDA ratio is 3.2x, down from 3.5x last quarter — at a moderate level that warrants monitoring. The current ratio has improved 16.3% YoY to 0.52x, strengthening the short-term liquidity position. Debt/Equity has declined for 3 consecutive quarters, reflecting a deleveraging trend.

MetricTTMQ3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23Q1 '23Q4 '22
Debt / Equity0.240.110.160.250.240.210.230.170.140.140.170.160.15
—-48.1%-28.8%+45.9%+75.7%+41.8%+32.1%+5.2%-5.3%-47.3%-54.1%-65.7%-72.0%
Debt / EBITDA0.833.193.543.693.331.832.12—1.612.353.392.910.36
—+74.8%+66.8%—+106.8%-22.3%-37.3%—+351.4%+3.5%+69.1%-14.6%-94.0%
Current Ratio1.790.520.801.561.790.450.490.450.410.520.530.480.45
—+16.3%+61.4%+247.7%+334.6%-12.9%-7.0%-6.9%-8.6%+6.1%+99.1%+156.7%+174.1%
Quick Ratio1.790.520.801.561.790.450.490.410.410.500.490.430.42
—+16.3%+61.4%+277.2%+334.6%-9.6%+0.9%-3.9%-2.6%+10.0%+83.4%+129.2%+162.6%
Interest Coverage-7.490.493.307.37-60.3911.9013.50-15.2913.116.303.254.5570.96
—————————————

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Includes 30+ ratios · 47 years · Updated daily

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Frequently Asked Questions

What is Obsidian Energy Ltd.'s quarterly P/E ratio trend?

Obsidian Energy Ltd.'s current P/E is -4.0x. The average P/E over the last 3 quarters is 6.9x. Quarterly P/E ratios can vary due to seasonal revenue patterns and one-time charges.

How do Obsidian Energy Ltd.'s margins change by quarter?

Obsidian Energy Ltd.'s current operating margin is -29.8%. Margins have been expanding over recent quarters. Quarterly margins are particularly useful for identifying trend inflections that annual data smooths over.

Why look at OBE quarterly ratios instead of annual?

Quarterly financial ratios reveal short-term trend shifts — margin compression, debt spikes, or valuation re-ratings — that annual figures smooth over. They're essential for active investors tracking Obsidian Energy Ltd.'s business trajectory between earnings reports.

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