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Obsidian Energy (TSX:OBE) Pre-Tax Income : C$143.6 Mil (TTM As of Dec. 2023)


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What is Obsidian Energy Pre-Tax Income?

Pretax income is the income that a company earns before paying income taxes. Obsidian Energy's pretax income for the three months ended in Dec. 2023 was C$46.1 Mil. Its pretax income for the trailing twelve months (TTM) ended in Dec. 2023 was C$143.6 Mil. Obsidian Energy's pretax margin was 25.64%.

During the past 13 years, Obsidian Energy's highest Pretax Margin was 83.22%. The lowest was -275.06%. And the median was -73.51%.


Obsidian Energy Pre-Tax Income Historical Data

The historical data trend for Obsidian Energy's Pre-Tax Income 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.

* Premium members only.

Obsidian Energy Pre-Tax Income Chart

Obsidian Energy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pre-Tax Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -788.30 -771.70 414.00 563.70 143.60

Obsidian Energy Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Pre-Tax Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 385.30 40.20 24.60 32.70 46.10

Competitive Comparison of Obsidian Energy's Pre-Tax Income

For the Oil & Gas E&P subindustry, Obsidian Energy's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Obsidian Energy's Pre-Tax Income Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Obsidian Energy's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where Obsidian Energy's Pre-Tax Income falls into.



Obsidian Energy Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

Obsidian Energy's Pretax Income for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=145.3+29.6+-29+0+-2.3
=143.6

Obsidian Energy's Pretax Income for the quarter that ended in Dec. 2023 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=35.7+17.1+-6.5+0+-0.2
=46.1

Pre-Tax Income for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$143.6 Mil.

* 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.


Obsidian Energy  (TSX:OBE) Pre-Tax Income Explanation

Obsidian Energy's Pretax Margin for the quarter that ended in Dec. 2023 is calculated as

Pretax Margin=Pretax Income/Revenue
=46.1/179.8
=25.64%

During the past 13 years, Obsidian Energy's highest Pretax Margin was 83.22%. The lowest was -275.06%. And the median was -73.51%.

* 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.


Obsidian Energy Pre-Tax Income Related Terms

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Obsidian Energy (TSX:OBE) Business Description

Traded in Other Exchanges
Address
207 - 9th Avenue SW, Suite 200, Calgary, AB, CAN, T2P 1K3
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.

Obsidian Energy (TSX:OBE) Headlines

From GuruFocus

Obsidian Energy Provides Corporate and Operational Update

By PRNewswire PRNewswire 06-23-2020