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
From both historical and forecast perspectives, the stock is underpriced compared to similar stocks. Specifically, the stock is 'expensive' on P/E, undervalued on EV/EBIT
Target Price
The average target price of OBE is 6.5 and suggests 25% downside potential. Usually, this means a SELL recommendation among investment firms, or a recommendation to decre
Buy
Sell