$ 6.1
Key Takeaways
Risk factor
Very high price volatility
Profitability factor
Undervalued vs peers
About
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 Ltd. is headquartered in Calgary, Canada.
Company Valuation
Based on key historical and expected multiples, the stock is undervalued relative to its peers. Specifically, the stock is 'cheap' on P/E, undervalued on EV/EBITDA, reaso
Target Price
The average target price of OBE is 7.3 and suggests 13% upside potential. Usually, this means a HOLD recommendation among investment firms. This neutral recommendation su
