---
title: "Obsidian Energy (OTCMKTS:OBELF) Stock Price Up 10.8%  - Still a Buy?"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/283934327.md"
description: "Obsidian Energy Ltd. (OTCMKTS:OBELF) shares rose 10.8% to $11.70, with trading volume increasing by 567% compared to the average. The company has a market cap of $944.59 million, a P/E ratio of 2.81, and operates primarily in Alberta's Montney and Cardium formations. Despite the stock's rise, analysts maintain a Hold rating, suggesting other stocks may be better investment options."
datetime: "2026-04-24T04:36:42.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/283934327.md)
  - [en](https://longbridge.com/en/news/283934327.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/283934327.md)
---

# Obsidian Energy (OTCMKTS:OBELF) Stock Price Up 10.8%  - Still a Buy?

Shares of Obsidian Energy Ltd. (OTCMKTS:OBELF - Get Free Report) traded up 10.8% on Thursday . The company traded as high as $11.74 and last traded at $11.70. 2,944,088 shares changed hands during trading, an increase of 567% from the average session volume of 441,679 shares. The stock had previously closed at $10.56.

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## Obsidian Energy Price Performance

The firm has a 50-day moving average of $8.78 and a 200-day moving average of $7.15. The firm has a market capitalization of $944.59 million, a P/E ratio of 2.81 and a beta of 2.47. The company has a debt-to-equity ratio of 0.55, a quick ratio of 0.54 and a current ratio of 0.54.

## About Obsidian Energy

(Get Free Report)

Obsidian Energy Ltd. is a Calgary-based independent oil and gas company specializing in the exploration, development and production of light oil and natural gas. The company focuses on generating stable cash flow through low-cost operations and disciplined capital investment. Its upstream activities are centered on exploiting long-life assets with upside potential in established plays.

The company's core operations are located within the Western Canadian Sedimentary Basin, primarily in Alberta's Montney and Cardium formations.

## Read More

-   Five stocks we like better than Obsidian Energy

_This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com._

## Should You Invest $1,000 in Obsidian Energy Right Now?

Before you consider Obsidian Energy, you'll want to hear this.

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While Obsidian Energy currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

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