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Obsidian Energy (OBE)
:OBE
Earnings Data
Report Date
Jul 31, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
―Last Year’s EPS
0.33Same Quarter Last Year
Moderate Buy
Based on 3 Analysts Ratings
Earnings Call Summary
Earnings Call Date:May 07, 2025
|% Change Since: 22.30%
|Next Earnings Date:Jul 31, 2025
Earnings Call Sentiment|Neutral
The earnings call reflects a strategic shift towards focusing on core assets and improving financial stability through asset sales and debt reduction. While there are notable achievements in production growth and liquidity, challenges persist with higher operating costs and some suboptimal exploration results.Company Guidance
In the first quarter of 2025, Obsidian Energy provided guidance on several key metrics. The company estimated its second quarter production midpoint at approximately 29,200 BOEs per day, following the sale of its Pembina assets. Obsidian Energy's production mix consists of about 72% oil and liquids, with a forecasted net debt of approximately $255 million, translating to a net debt to FFO ratio of 1.1x by the end of the second quarter. The company has approximately 71 million shares outstanding, equating to a market capitalization of around $385 million. Obsidian Energy continues to focus on delivering shareholder returns through production growth, share buybacks, and debt reduction, utilizing free cash flow from light oil assets to invest in the Peace River asset. The strategic advantages include a high-quality asset base with stable production and significant growth potential, particularly in the Peace River area, where an initial waterflood project has commenced. The company also highlighted its strong balance sheet, ample liquidity, and commitment to maintaining high health and safety standards.Successful Pembina Asset Sale
Obsidian Energy closed the sale of its Pembina assets for a total consideration of $320 million, consisting of $211 million in cash and 9.1 million shares of in-play, plus a 34.6% working interest in Willesden Green Unit #2.
Increased Focus on Core Assets
Post-transaction, Obsidian Energy is focusing on its Peace River heavy oil and Willesden Green light oil assets, with optionality in Viking assets.
Production Growth
Q1 production was 38,400 BOEs per day, up 12% over Q1 last year, driven by heavy oil from the Peace River program.
Debt Reduction and Liquidity
Forecasted net debt of approximately $255 million by the end of Q2, with a net debt to FFO ratio of about 1.1x. The company has significant liquidity with $200 million available on its credit facility.
Share Buyback Program
Repurchased 3.5 million shares for $24.5 million through May 6, demonstrating commitment to returning capital to shareholders.
OBE Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
OBE Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 07, 2025 | $4.08 | $4.09 | +0.25% |
Feb 25, 2025 | $5.82 | $5.21 | -10.48% |
Oct 31, 2024 | $5.79 | $5.67 | -2.07% |
Aug 01, 2024 | $7.48 | $7.03 | -6.02% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Obsidian Energy (OBE) report earnings?
Obsidian Energy (OBE) is schdueled to report earning on Jul 31, 2025, TBA Not Confirmed.
What is Obsidian Energy (OBE) earnings time?
Obsidian Energy (OBE) earnings time is at Jul 31, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is OBE EPS forecast?
Currently, no data Available