Obsidian Energy (TSX:OBE) Accounts Payable & Accrued Expense : C$193.5 Mil (As of Dec. 2023)

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What is Obsidian Energy Accounts Payable & Accrued Expense?

Obsidian Energy's quarterly accounts payable & accrued expense increased from Jun. 2023 (C$136.0 Mil) to Sep. 2023 (C$163.5 Mil) and increased from Sep. 2023 (C$163.5 Mil) to Dec. 2023 (C$193.5 Mil).

Obsidian Energy's annual accounts payable & accrued expense increased from Dec. 2021 (C$107.8 Mil) to Dec. 2022 (C$185.6 Mil) and increased from Dec. 2022 (C$185.6 Mil) to Dec. 2023 (C$193.5 Mil).

Obsidian Energy Accounts Payable & Accrued Expense Historical Data

The historical data trend for Obsidian Energy's Accounts Payable & Accrued Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Obsidian Energy Accounts Payable & Accrued Expense Chart

Obsidian Energy Annual Data

Trend

Dec14

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Dec20

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Dec23

Accounts Payable & Accrued Expense

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111.00

74.10

107.80

185.60

193.50

Obsidian Energy Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															185.60	188.80	136.00	163.50	193.50

Obsidian Energy Accounts Payable & Accrued Expense Calculation

Accounts payable & accrued expense usually includes accounts payable, accrued compensation and related benefits, etc.

Accounts payable is money owed by a business to its suppliers shown as a liability on a company's balance sheet. It is distinct from notes payable liabilities, which are debts created by formal legal instrument documents.

It is part of the current portion of the liabilities (due within one year or within the normal operating cycle if longer) reflected on the balace sheet of the company. A higher Accounts Payable means lower Working Capital needed to operate the business.

Obsidian Energy (TSX:OBE) Business Description

Industry

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OBE:USA P13A:Germany

Address

207 - 9th Avenue SW, Suite 200, Calgary, AB, CAN, T2P 1K3

Website

https://www.obsidianenergy.com

Obsidian Energy Ltd, is an intermediate-sized oil and gas producer with strategic assets in Alberta. It operates in a single reporting segment that is exploration, development and holding an interest in oil and natural gas properties and related production infrastructure in the Western Canada Sedimentary Basin. The company generates the majority of the revenue from the Crude oil sale.