Obsidian Energy Target of Unusually High Options Trading (NYSEAMERICAN:OBE)

Posted by George Bondi on Sep 16th, 2026

Obsidian Energy Ltd (NYSEAMERICAN:OBE – Get Free Report) (TSE:PWT) was the recipient of unusually large options trading activity on Monday. Investors bought 3,191 call options on the stock. This represents an increase of 43% compared to the typical daily volume of 2,224 call options.

Analyst Ratings Changes

Separately, BMO Capital Markets reaffirmed an “outperform” rating on shares of Obsidian Energy in a research note on Tuesday, June 2nd. Two research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, Obsidian Energy currently has an average rating of “Moderate Buy” and an average target price of $18.00.

Get Our Latest Stock Analysis on Obsidian Energy

Institutional Trading of Obsidian Energy

Hedge funds and other institutional investors have recently modified their holdings of the stock. Engineers Gate Manager LP raised its holdings in Obsidian Energy by 5.6% during the second quarter. Engineers Gate Manager LP now owns 31,014 shares of the oil and gas company’s stock worth $252,000 after acquiring an additional 1,636 shares in the last quarter. Spark Investment Management LLC grew its stake in Obsidian Energy by 23.1% in the second quarter. Spark Investment Management LLC now owns 133,000 shares of the oil and gas company’s stock valued at $1,088,000 after purchasing an additional 25,000 shares in the last quarter. Hsbc Holdings PLC acquired a new position in shares of Obsidian Energy during the 2nd quarter worth approximately $129,000. Beacon Pointe Advisors LLC acquired a new position in shares of Obsidian Energy during the 2nd quarter worth approximately $329,000. Finally, Public Employees Retirement System of Ohio acquired a new position in shares of Obsidian Energy during the 2nd quarter worth approximately $1,145,000. Institutional investors and hedge funds own 13.51% of the company’s stock.

Obsidian Energy Stock Up 1.7%

Obsidian Energy stock opened at $12.70 on Wednesday. The company has a market cap of $847.47 million, a P/E ratio of 45.36 and a beta of 0.18. Obsidian Energy has a 1-year low of $5.44 and a 1-year high of $14.59. The company has a fifty day simple moving average of $10.71 and a 200 day simple moving average of $10.42. The company has a current ratio of 0.78, a quick ratio of 0.78 and a debt-to-equity ratio of 0.25.

About Obsidian Energy

(Get Free Report)

Obsidian Energy Ltd. is a Canadian oil and natural gas exploration and production company. Its activities include the acquisition, development and operation of petroleum and natural gas properties, with a focus on generating production from conventional oil and liquids-rich natural gas assets.

The company’s operations are concentrated in Alberta, Canada, including the Peace River, Cardium and Pembina areas. Its products include crude oil, natural gas liquids and natural gas, which are sold into Canadian and North American energy markets.

Obsidian Energy was formerly known as Penn West Petroleum Ltd.