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Obsidian Energy - OBE Stock Price Target and Predictions

  • Consensus Rating: Strong Buy
  • Consensus Price Target: C$14.00
  • Forecasted Upside: 73.70%
  • Number of Analysts: 2
  • Breakdown:
  • 0 Sell Ratings
  • 0 Hold Ratings
  • 1 Buy Ratings
  • 1 Strong Buy Ratings
C$8.06 As of 12/3/2024 12:59 PM ET
▲ +0.19 (2.41%)

This chart shows the closing price for OBE by one month, three months, or twelve months.

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Analyst Price Target for OBE

Analyst Price Target is C$14.00
▲ +73.70% Upside Potential
This price target is based on 2 analysts offering 12 month price targets for Obsidian Energy in the last 3 months. The average price target is C$14.00, with a high forecast of C$16.50 and a low forecast of C$12.50. The average price target represents a 73.70% upside from the last price of C$8.06.

This chart shows the closing price for OBE for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Strong Buy

The current consensus among 2 contributing investment analysts is to buy (strong buy) stock in Obsidian Energy. This rating has held steady since October 2024, when it changed from a Buy consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 2 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
6/12/2023
  • 0 strong buy ratings
  • 2 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
9/10/2023
  • 0 strong buy ratings
  • 3 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
12/9/2023
  • 0 strong buy ratings
  • 3 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
3/8/2024
  • 0 strong buy ratings
  • 4 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
6/6/2024
  • 0 strong buy ratings
  • 4 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
9/4/2024
  • 1 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
11/3/2024
  • 1 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
12/3/2024

Latest Recommendations

  • 1 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
10/17/2024Raymond JamesUpgradeStrong-Buy
9/17/2024Royal Bank of CanadaLower TargetC$15.00 ➝ C$13.00
4/9/2024BMO Capital MarketsSet TargetOutperformC$16.50
1/19/2024Raymond JamesLower TargetOutperformC$15.50 ➝ C$12.50
1/10/2024Raymond JamesBoost TargetOutperformC$15.00 ➝ C$15.50
10/16/2023Stifel NicolausBoost TargetC$13.50 ➝ C$13.75
10/16/2023BMO Capital MarketsBoost TargetC$11.00 ➝ C$12.00
9/22/2023Stifel NicolausBoost TargetBuyC$12.25 ➝ C$13.50
9/22/2023BMO Capital MarketsBoost TargetMarket PerformC$9.50 ➝ C$11.00
9/22/2023Royal Bank of CanadaBoost TargetOutperformC$12.00 ➝ C$14.00
9/8/2023Raymond JamesBoost TargetC$13.00 ➝ C$15.00
8/3/2023BMO Capital MarketsBoost TargetC$9.00 ➝ C$9.50
7/14/2023Stifel NicolausBoost TargetC$12.00 ➝ C$12.25
7/14/2023Raymond JamesLower TargetC$14.00 ➝ C$13.00
7/13/2023BMO Capital MarketsLower TargetC$10.00 ➝ C$9.00
5/24/2023Raymond JamesBoost TargetOutperformC$13.50 ➝ C$14.00
5/5/2023Stifel NicolausLower TargetC$13.00 ➝ C$12.00
4/18/2023Royal Bank of CanadaSet TargetOutperformC$13.00
3/27/2023BMO Capital MarketsLower TargetC$11.00 ➝ C$10.00
2/24/2023Stifel NicolausBoost TargetC$12.75 ➝ C$13.00
1/16/2023Raymond JamesLower TargetOutperformC$16.00 ➝ C$13.50
1/16/2023Stifel NicolausLower TargetC$16.75 ➝ C$13.00
12/13/2022BMO Capital MarketsLower TargetC$14.00 ➝ C$12.00
11/9/2022Stifel NicolausLower TargetC$19.00 ➝ C$16.75
9/19/2022BMO Capital MarketsUpgradeUnderperform ➝ Market PerformC$10.00 ➝ C$14.00
8/3/2022Stifel NicolausLower TargetC$19.50 ➝ C$19.00
7/5/2022Raymond JamesBoost TargetOutperformC$15.50 ➝ C$16.00
6/1/2022Stifel NicolausBoost TargetC$17.25 ➝ C$17.75
5/5/2022Raymond JamesSet TargetOutperformC$15.50
4/14/2022Raymond JamesSet TargetOutperformC$15.50
3/25/2022Raymond JamesBoost TargetOutperformC$13.00 ➝ C$15.50
2/25/2022Raymond JamesBoost TargetOutperformC$11.00 ➝ C$13.00
2/25/2022BMO Capital MarketsBoost TargetC$5.00 ➝ C$7.50
2/8/2022Raymond JamesBoost TargetOutperformC$9.00 ➝ C$11.00
1/25/2022Raymond JamesBoost TargetOutperformC$9.00
1/19/2022Raymond JamesBoost TargetOutperformC$7.50 ➝ C$9.00
11/26/2021Raymond JamesUpgradeMarket Perform ➝ BuyC$7.00 ➝ C$7.50
10/20/2021BMO Capital MarketsBoost TargetC$3.00 ➝ C$3.50
10/18/2021Raymond JamesBoost TargetMarket PerformC$4.75 ➝ C$7.00
9/16/2021Raymond JamesReiterated RatingMarket PerformC$4.75
8/3/2021Raymond JamesReiterated RatingMarket PerformC$4.75
7/19/2021BMO Capital MarketsBoost TargetNAC$2.50 ➝ C$3.00
6/30/2021Raymond JamesBoost TargetMarket PerformC$2.25 ➝ C$4.75
6/21/2021BMO Capital MarketsBoost TargetNAC$1.50 ➝ C$2.50
5/10/2021Raymond JamesBoost TargetMarket PerformC$2.00 ➝ C$2.25
3/30/2021Raymond JamesBoost TargetMarket PerformC$1.90 ➝ C$2.00
3/17/2021Raymond JamesBoost TargetMarket PerformC$1.00 ➝ C$1.90
3/15/2021BMO Capital MarketsBoost TargetNAC$1.50
2/26/2021Raymond JamesReiterated RatingMarket PerformC$1.00
2/19/2021Raymond JamesSet TargetMarket PerformC$1.00
1/15/2021Raymond JamesUpgradeUnderperform ➝ Market PerformC$1.00
4/23/2020National Bank FinancialSet TargetUnderperformC$0.50
3/10/2020National Bank FinancialDowngradeSector Perform ➝ UnderperformC$1.20 ➝ C$0.50
2/7/2020Raymond JamesSet TargetUnderperformC$0.25
1/31/2020National Bank FinancialBoost TargetSector PerformC$1.00 ➝ C$1.20
12/3/2019National Bank FinancialLower TargetSector PerformC$1.75 ➝ C$1.00
(Data available from 12/3/2019 forward)

News Sentiment Rating

1.38 (Buy)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 4 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
5/7/2024
  • 1 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
6/6/2024
  • 3 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
7/6/2024
  • 0 very positive mentions
  • 4 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
8/5/2024
  • 3 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
9/4/2024
  • 2 very positive mentions
  • 4 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
10/4/2024
  • 2 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
11/3/2024
  • 2 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
12/3/2024

Current Sentiment

  • 2 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

  • No negative mentions tracked during this time.

Positive

Very Positive

Obsidian Energy logo
Obsidian Energy Ltd. engages in the exploration, production, and development of oil and natural gas properties in the Western Canada. The company was formerly known as Penn West Petroleum Ltd. and changed its name to Obsidian Energy Ltd. in June 2017. Obsidian Energy Ltd. is headquartered in Calgary, Canada.
Read More

Today's Range

Now: C$8.06
Low: C$7.84
High: C$8.07

50 Day Range

MA: C$8.06
Low: C$7.45
High: C$8.80

52 Week Range

Now: C$8.06
Low: C$7.32
High: C$12.37

Volume

76,399 shs

Average Volume

182,634 shs

Market Capitalization

C$612.64 million

P/E Ratio

6.15

Dividend Yield

1.92%

Beta

2.3

Frequently Asked Questions

What sell-side analysts currently cover shares of Obsidian Energy?

The following Wall Street analysts have issued stock ratings on Obsidian Energy in the last year: BMO Capital Markets, Raymond James, and Royal Bank of Canada.
View the latest analyst ratings for OBE.

What is the current price target for Obsidian Energy?

0 Wall Street analysts have set twelve-month price targets for Obsidian Energy in the last year. Their average twelve-month price target is C$14.00, suggesting a possible upside of 77.0%. BMO Capital Markets has the highest price target set, predicting OBE will reach C$16.50 in the next twelve months. Raymond James has the lowest price target set, forecasting a price of C$12.50 for Obsidian Energy in the next year.
View the latest price targets for OBE.

What is the current consensus analyst rating for Obsidian Energy?

Obsidian Energy currently has 1 buy rating and 1 strong buy rating from Wall Street analysts. The stock has a consensus analyst rating of "Strong Buy."
View the latest ratings for OBE.

What other companies compete with Obsidian Energy?

Other companies that are similar to Obsidian Energy include Sandstorm Gold, Vermilion Energy, International Petroleum, Great Bear Resources and Advantage Energy. Learn More about companies similar to Obsidian Energy.

How do I contact Obsidian Energy's investor relations team?

Obsidian Energy's physical mailing address is 207 9 Ave SW Suite 200, CALGARY, AB T2P 1K3, Canada. The company's listed phone number is +1-403-7772500. The official website for Obsidian Energy is www.obsidianenergy.com. Learn More about contacing Obsidian Energy investor relations.