Obsidian Energy Ltd. (OBE) Revenue History
Annual and quarterly revenue from 2013 to 2024
Compound Annual Growth Rate (CAGR)
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Revenue Growth Metrics
Revenue Breakdown (FY 2024)
OBE's revenue distribution by segment and geography for fiscal year 2024
By Product/Segment
OBE Revenue Analysis (2013–2024)
As of March 1, 2026, Obsidian Energy Ltd. (OBE) generated trailing twelve-month (TTM) revenue of $704.5 million, reflecting significant decline in growth of -32.4% year-over-year. The most recent quarter (Q3 2025) recorded $130.8 million in revenue, down 6.7% sequentially.
Looking at the longer-term picture, OBE's 5-year compound annual growth rate (CAGR) stands at +15.0%, indicating consistent double-digit revenue growth. The company achieved its highest annual revenue of $2.83 billion in 2013.
Revenue diversification analysis shows OBE's business is primarily driven by Crude Oil Fuel (95%), and Natural Gas (5%). With over half of revenue concentrated in Crude Oil Fuel, the company maintains significant focus in this area while developing other growth vectors.
When compared to Energy sector peers including CNQ (+4.5% YoY), BTE (+6.9% YoY), and GFR (-0.9% YoY), OBE has underperformed the peer group in terms of revenue growth. Compare OBE vs CNQ →
Peer Comparison
Compare OBE's revenue metrics with industry peers
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| OBECurrent | $705M | -32.4% | +15.0% | -29.8% | |
| CNQ | $35.7B | +4.5% | +9.3% | 47.1% | |
| BTE | $4.2B | +6.9% | +18.4% | 18.3% | |
| GFR | $791M | -0.9% | - | 28.7% | |
| BRN | $14M | -36.4% | -5.7% | -39.1% |
Historical Revenue Data
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2024 | $837.7M | +28.2% | $62.3M | 7.4% | $-249,500,000 | -29.8% |
| 2023 | $653.3M | -29.0% | $409.4M | 62.7% | $374.2M | 57.3% |
| 2022 | $920.0M | +104.9% | $695.7M | 75.6% | $502.6M | 54.6% |
| 2021 | $448.9M | +64.6% | $288.1M | 64.2% | $253.4M | 56.4% |
| 2020 | $272.8M | -34.4% | $-750,100,000 | -275.0% | $117.8M | 43.2% |
| 2019 | $416.0M | -6.3% | $-667,000,000 | -160.3% | $-731,000,000 | -175.7% |
| 2018 | $444.0M | +1.6% | $-161,000,000 | -36.3% | $-221,000,000 | -49.8% |
| 2017 | $437.0M | -28.1% | $-92,000,000 | -21.1% | $-152,000,000 | -34.8% |
| 2016 | $608.0M | -48.8% | $-351,000,000 | -57.7% | $-723,000,000 | -118.9% |
| 2015 | $1.19B | -51.2% | $-1,905,000,000 | -160.5% | $-2,345,000,000 | -197.6% |
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Start ComparisonFrequently Asked Questions
Is OBE's revenue growth accelerating or slowing?
OBE revenue declined -32.4% year-over-year, contrasting with the 5-year CAGR of +15.0%. TTM revenue fell to $705M. This reverses the prior growth trend.
What is OBE's long-term revenue growth rate?
Obsidian Energy Ltd.'s 5-year revenue CAGR of +15.0% reflects the variable expansion pattern. Current YoY growth of -32.4% is below this long-term average.
How is OBE's revenue distributed by segment?
OBE reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2013-2024 are available for download. Segment mix reveals concentration and diversification trends.