How to Buy Obsidian Energy Stock
Obsidian Energy Ltd
Obsidian Energy Ltd. explores for, develops, and holds interests in oil and natural gas properties and related production infrastructure in the Western Canada Sedimentary Basin.
Obsidian Energy stock last closed at $8.57, up 0.47% from the previous day, and has increased 24.38% in one year. It has overperformed other stocks in the Oil & Gas E&P industry by 0.06 percentage points. Obsidian Energy stock is currently +60.79% from its 52-week low of $5.33, and -2.83% from its 52-week high of $8.82.
As of Apr 24, 2024, there are 77.59M OBE shares outstanding. The market value of OBE is $664.93M. In the past 24 hours, 425,934 OBE shares were traded.
How to Buy Obsidian Energy Stock
Wondering how to invest in Obsidian Energy stock? Here's how.
- Decide where to buy Obsidian Energy stock: You need to decide on a stock brokerage, but don't worry - we've analyzed dozens of online brokerages and apps to help you determine where to buy Obsidian Energy stock.
- Open a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
- Deposit money your investment account: Pick your payment method and add your information.
- Analyze Obsidian Energy stock: The Obsidian Energy ticker symbol is OBE. Is Obsidian Energy stock a good investment? Should you buy shares of OBE? How do OBE's underlying business fundamentals look? Do top analysts think Obsidian Energy is a good buy? Why has OBE's stock price moved recently? (Hint: Our stock research website can help you evaluate if OBE is a good stock to buy).
- Execute your OBE buy order: Decide if you will purchase OBE shares at the current market price or use a limit order to buy OBE shares at a specific price.
- Keep an eye on your OBE position: Create a watchlist to keep tabs on your investment in Obsidian Energy stock.
Step 1: Decide where to buy Obsidian Energy stock
You will need a brokerage account to access the NYSEMKT market and buy OBE stock.
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Open eToro AccountStep 2: Open a brokerage account
Now that you've chosen the best brokerage, you'll need to fill out some personal details so you can buy OBE today.
How to Open a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal details to open your new brokerage account.
- Send your data by pressing the "Create Account" button. Get started with eToro today
Step 3: Deposit money your investment account
Now that you have created your account on the best app for stock investing, your next step is to transfer the money for your investment:
Watch this video walkthrough to see the process of depositing money into your new brokerage account.
Step 4: Analyze Obsidian Energy stock
After you have figured out the best place to buy Obsidian Energy stock, it's critical to research their stock prior to buying, so you truly understand the risk and opportunity.
Obsidian Energy stock data
OBE Due Diligence Checks
WallStreetZen was created to help part-time investors perform better fundamental analysis in minutes instead of hours.
You can see all of the due diligence checks on OBE's stock page.
What is the fair value of OBE stock?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge OBE's fair value.
Using relative valuations methods:
- OBE could be undervalued based on its P/E ratio of 8.7x, relative to Oil & Gas E&P industry P/E ratio of 15.16x
- OBE could be undervalued based on its P/B ratio of 0.55x, relative to Oil & Gas E&P industry P/B ratio of 2.15x
You can do more valuation analysis on OBE's stock here.
OBE Financial Health Overview
Signs that OBE is financially healthy:
- OBE earnings of $106.37M is not sufficient to cover its interest payments.
- Total OBE debt is lower than 5 years ago, relative to shareholder equity.
- OBE has a low debt to equity ratio of 0.37.
- OBE's operating cash flow of $261.26M allows it to safely service it's debt of $168.89M.
Signs that OBE is not financially healthy:
- OBE profit margin has gone down from 105.1% to 15.8% in the past year.
- There are more short-term liabilities than short-term assets on the OBE balance sheet.
- There are more long-term liabilities than short-term assets on the OBE balance sheet.
Metrics for Advanced OBE Traders
OBE Growth Numbers
Last year, OBE earnings were $80.00M. In the last two year, OBE's earnings have increased by -51.85% per year. This was slower than the Oil & Gas E&P industry average of 12.87%.
Last year, OBE revenue was $506.96M. During the past 5 year, OBE's revenue has gone up by 12.71% per year. This was slower than the Oil & Gas E&P industry average of 19.2%.
Dive into OBE's earnings and revenue performance here.
What are OBE executives and large shareholders up to?
In the last 12 months, insiders at OBE have not bought or sold any shares.
Learn more about who owns OBE shares here.
Does OBE provide a stable income stream?
No, Obsidian Energy doesn't provide an income stream by paying out dividends.
What others are saying about OBE
One of the primary reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to see what other traders have to say.
Step 5: Execute your OBE buy order
You have two primary order types:
- Market order: A market order is an order to buy or sell a stock at the best price on the market.
Market orders are generally the easiest way to buy. - Limit order: A limit order lets you buy or sell a stock at a specific price (or better).
If you want to ensure you're buying or selling at a particular price limit, use a limit order.
Press the Open button and your broker will execute your order.
If you want additional help buying stocks on eToro, click the how to video below:
Step 6: Keep an eye on your OBE position
Now that you own some shares in OBE, you'll want to stay up-to-date on your new company.
Create a watchlist to track your OBE stock.
OBE Feed
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How to Buy Stock in Obsidian Energy
To reiterate, here are the 6 steps to buy stock in Obsidian Energy:
- Decide where to buy Obsidian Energy stock
- Open a brokerage account
- Deposit money your investment account
- Analyze Obsidian Energy stock
- Execute your OBE buy order
- Keep an eye on your OBE position
If you require a brokerage, eToro is our favorite option.
Get Started with eToro TodayIf you would like to keep an eye on your investment in Obsidian Energy, create a watchlist today.
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