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Obsidian Energy Ltd. (OBE) is an energy company in the additional americas oil and gas extraction industry, based in Calgary, Canada, with about 148 full-time employees.
It reported revenue of 837.70 million CAD for fiscal year 2024, up 11.5% from fiscal year 2023, and net income of -202.60 million CAD. In Q2 2025 (the quarter ended June 30, 2025) revenue was 140.20 million CAD, down 34.2% from a year before. Its market capitalization was $741.99 million as of October 9, 2026.
Figures from company filings and market data; latest fiscal year ended December 31, 2024; market data as of October 9, 2026.
Obsidian Energy Ltd. engages in the exploration, development, and production of oil and natural gas in Western Canada. Its portfolio of properties includes unitized and non-unitized light oil, heavy oil, and natural gas production. The company was formerly known as Penn West Petroleum Ltd. and changed its name to Obsidian Energy Ltd. in June 2017.
Obsidian Energy reported 837.70 million CAD in revenue for fiscal year 2024, up 11.5% from 751.10 million CAD in fiscal year 2023. In Q2 2025 revenue was 140.20 million CAD.
$741.99 million as of October 9, 2026.
Listed companies of a similar size in the same industry (additional americas oil and gas extraction) include Vista Energy, S.a.b. de C.v. (VIST), Greenfire Resources Ltd. (GFR), GeoPark Limited (GPRK), New Era Energy & Digital, Inc. (NUAI).