Obsidian Energy (TSE:OBE) Insider Gareth Robin Sykes Sells 5,000 Shares of Stock

Posted by George Bondi on May 15th, 2026

Obsidian Energy Ltd. (TSE:OBE – Get Free Report) insider Gareth Robin Sykes sold 5,000 shares of the firm’s stock in a transaction dated Tuesday, May 12th. The stock was sold at an average price of C$17.74, for a total value of C$88,700.00. Following the completion of the sale, the insider directly owned 147,977 shares in the company, valued at C$2,625,111.98. The trade was a 3.27% decrease in their ownership of the stock.

Gareth Robin Sykes also recently made the following trade(s):

On Friday, May 8th, Gareth Robin Sykes sold 5,000 shares of Obsidian Energy stock. The stock was sold at an average price of C$17.30, for a total value of C$86,500.00.
On Thursday, March 19th, Gareth Robin Sykes sold 5,000 shares of Obsidian Energy stock. The stock was sold at an average price of C$12.24, for a total value of C$61,200.00.
On Thursday, March 19th, Gareth Robin Sykes sold 7,850 shares of Obsidian Energy stock. The stock was sold at an average price of C$12.04, for a total value of C$94,514.00.
On Thursday, March 19th, Gareth Robin Sykes sold 1,885 shares of Obsidian Energy stock. The stock was sold at an average price of C$12.13, for a total value of C$22,865.05.

Obsidian Energy Stock Up 1.2%

TSE OBE opened at C$18.02 on Friday. The company has a debt-to-equity ratio of 19.51, a current ratio of 0.58 and a quick ratio of 0.41. Obsidian Energy Ltd. has a 1 year low of C$6.42 and a 1 year high of C$19.83. The business’s 50-day moving average is C$14.20 and its 200 day moving average is C$10.82. The stock has a market capitalization of C$1.20 billion, a PE ratio of 1,802.00, a PEG ratio of 0.08 and a beta of -0.21.

Obsidian Energy (TSE:OBE – Get Free Report) last posted its quarterly earnings data on Thursday, May 7th. The company reported C($0.27) earnings per share for the quarter. The firm had revenue of C$138.50 million for the quarter. Obsidian Energy had a net margin of 0.21% and a return on equity of 0.08%. Sell-side analysts forecast that Obsidian Energy Ltd. will post 1.5996205 earnings per share for the current year.

Wall Street Analysts Forecast Growth

OBE has been the topic of several research reports. BMO Capital Markets lifted their price objective on Obsidian Energy from C$10.00 to C$12.00 and gave the company an “outperform” rating in a research report on Friday, February 20th. Raymond James Financial lifted their price objective on Obsidian Energy from C$14.00 to C$19.00 and gave the company an “outperform” rating in a research report on Friday, April 24th. Finally, Royal Bank Of Canada raised Obsidian Energy to a “hold” rating in a research report on Monday. Two analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of C$13.67.

Check Out Our Latest Analysis on OBE

About Obsidian Energy

(Get Free Report)

Obsidian Energy is an intermediate-sized oil and gas producer with a well-balanced portfolio of high-quality assets, primarily in the Peace River, Willesden Green and Viking areas in Alberta. The Company’s business is to explore for, develop and hold interests in oil and natural gas properties and related production infrastructure in the Western Canada Sedimentary Basin.