Obsidian Energy Ltd
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 … Read more
Obsidian Energy Ltd (OBE) - Net Assets
Latest net assets as of September 2025: $1.40 Billion USD
Based on the latest financial reports, Obsidian Energy Ltd (OBE) has net assets worth $1.40 Billion USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.80 Billion) and total liabilities ($400.30 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $1.40 Billion |
| % of Total Assets | 77.8% |
| Annual Growth Rate | 1.02% |
| 5-Year Change | 335.1% |
| 10-Year Change | -52.1% |
| Growth Volatility | 53.3 |
Obsidian Energy Ltd - Net Assets Trend (2001–2024)
This chart illustrates how Obsidian Energy Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Obsidian Energy Ltd (2001–2024)
The table below shows the annual net assets of Obsidian Energy Ltd from 2001 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $1.41 Billion | -14.48% |
| 2023-12-31 | $1.64 Billion | +4.06% |
| 2022-12-31 | $1.58 Billion | +106.90% |
| 2021-12-31 | $763.50 Million | +136.30% |
| 2020-12-31 | $323.10 Million | -70.41% |
| 2019-12-31 | $1.09 Billion | -41.54% |
| 2018-12-31 | $1.87 Billion | -13.76% |
| 2017-12-31 | $2.17 Billion | -3.60% |
| 2016-12-31 | $2.25 Billion | -23.44% |
| 2015-12-31 | $2.94 Billion | -47.42% |
| 2014-12-31 | $5.58 Billion | -27.60% |
| 2013-12-31 | $7.71 Billion | -13.12% |
| 2012-12-31 | $8.87 Billion | -2.13% |
| 2011-12-31 | $9.07 Billion | +10.59% |
| 2010-12-31 | $8.20 Billion | +3.55% |
| 2009-12-31 | $7.92 Billion | -5.52% |
| 2008-12-31 | $8.38 Billion | +83.40% |
| 2007-12-31 | $4.57 Billion | -11.93% |
| 2006-12-31 | $5.19 Billion | +138.85% |
| 2005-12-31 | $2.17 Billion | +13.79% |
| 2004-12-31 | $1.91 Billion | +17.76% |
| 2003-12-31 | $1.62 Billion | +25.37% |
| 2002-12-31 | $1.29 Billion | +16.06% |
| 2001-12-31 | $1.11 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Obsidian Energy Ltd's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 228.8% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $2.14 Billion | 151.89% |
| Other Comprehensive Income | $108.60 Million | 7.73% |
| Total Equity | $1.41 Billion | 100.00% |
Obsidian Energy Ltd Competitors by Market Cap
The table below lists competitors of Obsidian Energy Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Flexium Interconnect Inc
TW:6269
|
$483.12 Million |
|
Global Mixed-Mode Technology Inc
TW:8081
|
$483.12 Million |
|
Deluxe Family Co Ltd
SHG:600503
|
$483.14 Million |
|
Shanghai Film Co Ltd
SHG:601595
|
$483.28 Million |
|
Wowprime Corp
TW:2727
|
$482.98 Million |
|
Shenzhen WOTE Advanced Materials Co Ltd
SHE:002886
|
$482.97 Million |
|
COFCO Joycome Foods Limited
F:0M7
|
$482.93 Million |
|
SCHOTT Pharma AG & Co. KGaA
XETRA:1SXP
|
$482.88 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Obsidian Energy Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,643,800,000 to 1,405,800,000, a change of -238,000,000 (-14.5%).
- Net loss of 202,600,000 reduced equity.
- Share repurchases of 41,700,000 reduced equity.
- Other comprehensive income increased equity by 4,500,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-202.60 Million | -14.41% |
| Share Repurchases | $41.70 Million | -2.97% |
| Other Comprehensive Income | $4.50 Million | +0.32% |
| Other Changes | $1.80 Million | +0.13% |
| Total Change | $- | -14.48% |
Book Value vs Market Value Analysis
This analysis compares Obsidian Energy Ltd's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.46x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has increased from 0.06x to 0.46x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2001-12-31 | $144.45 | $8.55 | x |
| 2002-12-31 | $165.67 | $8.55 | x |
| 2003-12-31 | $208.10 | $8.55 | x |
| 2004-12-31 | $248.06 | $8.55 | x |
| 2005-12-31 | $91.68 | $8.55 | x |
| 2006-12-31 | $178.47 | $8.55 | x |
| 2007-12-31 | $132.45 | $8.55 | x |
| 2008-12-31 | $153.20 | $8.55 | x |
| 2009-12-31 | $134.24 | $8.55 | x |
| 2010-12-31 | $127.09 | $8.55 | x |
| 2011-12-31 | $135.79 | $8.55 | x |
| 2012-12-31 | $130.55 | $8.55 | x |
| 2013-12-31 | $111.10 | $8.55 | x |
| 2014-12-31 | $79.15 | $8.55 | x |
| 2015-12-31 | $40.93 | $8.55 | x |
| 2016-12-31 | $31.31 | $8.55 | x |
| 2017-12-31 | $30.09 | $8.55 | x |
| 2018-12-31 | $25.83 | $8.55 | x |
| 2019-12-31 | $14.98 | $8.55 | x |
| 2020-12-31 | $4.41 | $8.55 | x |
| 2021-12-31 | $9.84 | $8.55 | x |
| 2022-12-31 | $18.72 | $8.55 | x |
| 2023-12-31 | $19.55 | $8.55 | x |
| 2024-12-31 | $18.50 | $8.55 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Obsidian Energy Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -14.41%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -24.19%
- • Asset Turnover: 0.40x
- • Equity Multiplier: 1.50x
- Recent ROE (-14.41%) is below the historical average (-10.56%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2001 | 22.00% | 28.69% | 0.36x | 2.15x | $133.70 Million |
| 2002 | 12.25% | 19.85% | 0.29x | 2.16x | $29.14 Million |
| 2003 | 26.83% | 39.44% | 0.35x | 1.94x | $272.85 Million |
| 2004 | 14.24% | 22.19% | 0.32x | 2.03x | $80.97 Million |
| 2005 | 26.57% | 30.08% | 0.48x | 1.83x | $359.98 Million |
| 2006 | 12.83% | 31.68% | 0.26x | 1.56x | $146.77 Million |
| 2007 | 3.84% | 7.14% | 0.29x | 1.85x | $-281.45 Million |
| 2008 | 14.58% | 24.69% | 0.32x | 1.84x | $383.44 Million |
| 2009 | -1.82% | -5.44% | 0.19x | 1.75x | $-935.80 Million |
| 2010 | 2.76% | 7.39% | 0.23x | 1.63x | $-593.90 Million |
| 2011 | 7.04% | 9.64% | 0.42x | 1.72x | $-268.70 Million |
| 2012 | 1.96% | 5.38% | 0.22x | 1.63x | $-713.40 Million |
| 2013 | -10.87% | -29.64% | 0.22x | 1.64x | $-1.61 Billion |
| 2014 | -31.05% | -71.23% | 0.25x | 1.76x | $-2.29 Billion |
| 2015 | -90.15% | -222.91% | 0.20x | 2.02x | $-2.94 Billion |
| 2016 | -30.97% | -114.47% | 0.18x | 1.49x | $-920.70 Million |
| 2017 | -3.88% | -19.22% | 0.15x | 1.39x | $-300.60 Million |
| 2018 | -16.33% | -68.69% | 0.17x | 1.42x | $-491.80 Million |
| 2019 | -72.16% | -189.42% | 0.22x | 1.74x | $-897.20 Million |
| 2020 | -238.84% | -282.88% | 0.28x | 2.98x | $-804.01 Million |
| 2021 | 54.22% | 92.23% | 0.31x | 1.87x | $337.65 Million |
| 2022 | 51.28% | 88.05% | 0.42x | 1.40x | $652.13 Million |
| 2023 | 6.57% | 16.53% | 0.29x | 1.37x | $-56.38 Million |
| 2024 | -14.41% | -24.19% | 0.40x | 1.50x | $-343.18 Million |
Industry Comparison
This section compares Obsidian Energy Ltd's net assets metrics with peer companies in the Oil & Gas E&P industry.
Industry Context
- Industry: Oil & Gas E&P
- Average net assets among peers: $1,751,793,864
- Average return on equity (ROE) among peers: -1.48%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Obsidian Energy Ltd (OBE) | $1.40 Billion | 22.00% | 0.29x | $483.03 Million |
| Advantage Energy Ltd. (AAVVF) | $1.33 Billion | 0.83% | 0.33x | $922.80 Million |
| ADX Energy Ltd (ADXRF) | $4.37 Million | -14.30% | 0.01x | $9.58 Million |
| ARC Resources Ltd. (AETUF) | $3.40 Billion | 7.09% | 0.69x | $10.30 Billion |
| Aminex PLC (AEXFF) | $7.53 Million | -11.90% | 0.27x | $77.17 Million |
| Aker BP ASA (AKRBF) | $12.69 Billion | 14.40% | 2.32x | $6.29 Billion |
| Arkanova Energy Corporation (AKVA) | $-35.51K | 0.00% | 0.00x | $4.92K |
| Allied Resources Inc (ALOD) | $2.39 Million | -3.81% | 0.14x | $428.76K |
| Altex Industries Inc (ALTX) | $2.60 Million | -10.61% | 0.15x | $1.08 Million |
| Alvopetro Energy Ltd (ALVOF) | $66.14 Million | -10.76% | 0.04x | $117.02 Million |
| AMEN Properties Inc (AMEN) | $15.55 Million | 14.30% | 0.08x | $4.94 Million |