Obsidian Energy is an oil & gas e&p business based in Canada. Obsidian Energy stocks (OBE) are listed on the Toronto Stock Exchange, and all prices are listed in Canadian Dollars.
Its last market close was C$8.25, which is an increase of 3.77% over the previous week. Obsidian Energy employs 203 staff and has a trailing 12-month revenue of around C$614.7 million.
Keep reading to see up-to-date Obsidian Energy stock price and performance data, along with a step-by-step guide for how to buy Obsidian Energy stock in Canada.
Obsidian Energy (OBE) stock summary
| Company stock name | Obsidian Energy Ltd |
| Stock ticker symbol | OBE |
| Exchange | Toronto Stock Exchange |
| Open | C$8.06 |
| High | C$8.27 |
| Low | C$7.91 |
| Close | C$8.25 |
| Adjusted closing | C$8.25 |
| % change | 0.00% | Volume | 338,421 |
| Where to buy OBE stock | Buy on CIBC Investor's Edge |
Can I buy Obsidian Energy stock in Canada?
Yes, you can buy Obsidian Energy stock in Canada. You simply need to open a brokerage account with an online trading platform that supports stocks on the Toronto Stock Exchange (TSX) exchange. Platforms like Interactive Brokers will allow you to directly buy Obsidian Energy stock from within Canada.How to buy Obsidian Energy stock
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Choose a stock trading platform.
Compare trading platforms. Choose a trading app with competitive pricing, access to trading tools and a user-friendly interface. (Check out our guide to the best trading apps in Canada.) -
Open a trading account.
To open a trading account, you'll need to provide personal information (like your email, phone number and banking details), verify your identity and complete the sign-up process. -
Fund your account.
Deposit funds into your trading account by linking your bank account via an Electronic Funds Transfer (EFT), wire transfer, cheque deposit or by whatever means the platform supports. Make sure you deposit enough to cover the stock price + any trading fees. -
Search for the stock—OBE.
Look up the stock using its name (Obsidian Energy Ltd) or ticker symbol (OBE). Review its current price, recent performance and other relevant data before placing your order. -
Complete your purchase of Obsidian Energy stock.
Choose the number of OBE stocks you want to purchase, place your order, confirm the details and then submit. Once executed, the shares will appear in your trading account.
Our top picks for where to buy Obsidian Energy stock
Obsidian Energy stock chart (Toronto Stock Exchange (TSX): OBE)
This chart tracks Obsidian Energy stock price performance over time.Obsidian Energy stock price
Obsidian Energy's stock price at the last market close was C$8.25. For comparison, seven days ago Obsidian Energy's stock price was C$7.95. A full 30 days ago it was C$8.64, and a year ago it was C$8.18.
Is Obsidian Energy stock a buy or sell right now?
The technical analysis gauge above shows real-time buy or sell ratings and analysis for Obsidian Energy stock based on your selected timeframe. It uses three widely followed indicators—moving averages, oscillators and pivots—but this does not represent investment advice or a guarantee of success. Finder may not concur with these signals and accepts no responsibility for the performance of your stocks.
Can I buy Obsidian Energy stock on the TSX?
No, you cannot buy Obsidian Energy stock on the TSX because Obsidian Energy stock is not listed on the TSX. Instead, Obsidian Energy stock is listed on the Toronto Stock Exchange under the symbol "OBE."
That said, if you're wondering how to invest in Obsidian Energy stock in Canada, you still have the option to do so by opening a trading account with a Canadian brokerage that gives you access to Toronto Stock Exchange, like Interactive Brokers.
Obsidian Energy stock dividends
Obsidian Energy is not expected to pay a dividend over the next 12 months. We'll continue to monitor Obsidian Energy's stock information and update this guide if that changes.
Obsidian Energy stock performance metrics
Here are some common key metrics for Obsidian Energy stock that analysts often use to help gauge a stock's value—P/E ratio, PEG ratio and EBITDA.
Has Obsidian Energy stock ever split?
Obsidian Energy's stocks were split on a 1:7 basis on June 9, 2019. So, if you had owned 7 shares the day before before the split, the next day you'd have owned 1 share. This wouldn't directly have changed the overall worth of your Obsidian Energy stocks, just the quantity.
However, indirectly, the new 600% higher stock price could have impacted the market appetite for Obsidian Energy stocks, which in turn could have impacted Obsidian Energy's stock price.How volatile is Obsidian Energy stock?
Over the last 12 months, Obsidian Energy's stocks price has ranged from C$5.35 to as high as C$9.86. Obsidian Energy's beta measurement of stock volatility is 0.77. For comparison, the market (Toronto Stock Exchange) average beta is 1. This would suggest that Obsidian Energy's stocks are less volatile than average (on this exchange).
Some analysists use "beta" to gauge a stock's volatility. Beta is a popular way to measure a stocks volatility in relation to the market. Here is a breakdown of Obsidian Energy's beta stock volatility rating.
Obsidian Energy company and revenue performance
| Market Capitalization | C$536.3 million |
|---|---|
| Gross profit (TTM) | C$358 million |
| Operating margin (TTM) | 20.82% |
| Profit margin | -38.60% |
| Revenue (TTM) | C$614.7 million |
| Return on assets (TTM) | -8.05% |
| Return on equity (TTM) | -15.28% |
| Earnings per share (TTM) | -C$3.06 |
| 52-week stock price range | C$5.35 – C$9.86 |
| 50-day moving stock price average | C$8.59 |
| 200-day moving stock price average | C$7.73 |
Obsidian Energy company profile
Obsidian Energy Ltd. engages in the exploration, development, and production of oil and natural gas properties 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 Ltd. is headquartered in Calgary, Canada.
Compare trading platforms to buy Obsidian Energy stock
Compare special offers, low fees and a wide range of investment options among popular trading platforms in Canada. Note that the dollar amounts in the table below are in CAD.
Finder Score for stock trading platforms
To make comparing even easier we came up with the Finder Score. Trading costs, account fees and features across 10+ stock trading platforms and apps are all weighted and scaled to produce a score out of 10. The higher the score, the better the platform—it's that simple.
Do I have to pay tax on gains from Obsidian Energy stock sales in Canada?
Yes, you'll need to pay taxes in Canada on investment income, which includes any profit from selling Obsidian Energy stock. The CRA taxes investment income from stocks in Canada based on three main factors:
- Investment income. Investment income includes money earned from interest, dividends or capital gains, which may affect how much you have to pay in taxes on stock sales in Canada.
- Investor type. Your investment income will be taxed differently depending on whether you're a regular investor or a day trader (which means you buy and trade stocks on a daily basis as your primary form of income).
- Tax bracket. The higher your tax bracket, the more you'll pay on income from stock sales. Your tax bracket depends on your gross income (minus deductions).
You can learn more about the tax implications of selling stocks in Canada here.
Frequently asked questions about Obsidian Energy stock
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