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Obsidian EnergyOBE +0.58%51 EV-to-OCF is 8.94 as of Sep. 09, 2026, which is 98% above its 10-year median of 4.52. GuruFocus rates OBE with a GF Score™ of 51/100 and a GF Value™ of $6.11 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,019 Oil & Gas companies, Obsidian Energy ranks worse than 65.06% on this metric.
EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Obsidian Energy's Enterprise Value is $1,072.4 Mil.
Obsidian Energy's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 was $120.0 Mil. Therefore, Obsidian Energy's EV-to-OCF for today is 8.94.
The historical rank and industry rank for Obsidian Energy's EV-to-OCF or its related term are showing as below:
OBE'
s EV-to-OCF Range Over the Past 10 Years
Min: -26.22 Med: 4.52 Max: 19.74
Current: 8.94
During the past 13 years, the highest EV-to-OCF of Obsidian Energy was 19.74. The lowest was -26.22. And the median was 4.52.
OBE's EV-to-OCF is ranked worse than 65.06% of 1019
companies
in the Oil & Gas industry
Industry Median: 5.82
vs OBE: 8.94
EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
Obsidian Energy's PE Ratio (TTM) for today is calculated as:
Obsidian Energy's share price for today is $12.04.
Obsidian Energy's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.274.
* 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.
Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Cash Flow from Operations is an important financial metric because it represents the cash generated from operating activities at a company's disposal. Companies with a low EV-to-OCF ratio, combined with a strong balance sheet are generally considered as undervalued.
Obsidian Energy EV-to-OCF Related Terms
Obsidian Energy EV-to-OCF Historical Data
* Premium members only.
The historical data trend for Obsidian Energy's EV-to-OCF 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.
For the Oil & Gas E&P subindustry, Obsidian Energy's EV-to-OCF, along with its competitors' market caps and EV-to-OCF 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 EV-to-OCF vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Obsidian Energy's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where Obsidian Energy's EV-to-OCF falls into.
Obsidian Energy's current Enterprise Value is $1,072.4 Mil.
Obsidian Energy's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $120.0 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 (OBE) has a EV-to-OCF of 8.94 as of Sep. 09, 2026. This is 98% above median its historical median of 4.52. According to the industry distribution chart, Obsidian Energy ranks #663 out of 1019 companies in the Oil & Gas industry, placing it in the top 65.1%.
Is Obsidian Energy's EV-to-OCF too high?
Obsidian Energy's current EV-to-OCF of 8.94 is 98% above median its 10-year median of 4.52. The Oil & Gas industry median EV-to-OCF is 5.82. Obsidian Energy's value of 8.94 is 53.6% above this industry median. Based on the distribution chart, Obsidian Energy ranks #663 out of 1019 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Obsidian Energy has a GF Score™ of 51/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Obsidian Energy's EV-to-OCF compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Obsidian Energy ranks #663 out of 1019 companies for EV-to-OCF. This places Obsidian Energy in the lower half of its industry. The industry median EV-to-OCF is 5.82. Obsidian Energy's value of 8.94 is 53.6% above this benchmark. While the company's 10-year median is 4.52 vs. the industry median of 5.82, Obsidian Energy has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-OCF for an Oil & Gas company?
The median EV-to-OCF among Oil & Gas companies is 5.82, based on 1,019 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-OCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-OCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Obsidian Energy's current EV-to-OCF of 8.94 is 53.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-OCF mean?
A high EV-to-OCF can signal that a stock is expensive relative to its fundamentals. For the Oil & Gas industry, the median EV-to-OCF is 5.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Obsidian Energy's current EV-to-OCF is 8.94, which is 98% above median its own 10-year median of 4.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Obsidian Energy stock overvalued right now?
Based on GuruFocus' analysis, Obsidian Energy (OBE) is currently considered Significantly Overvalued. The stock's GF Value™ is $6.11, compared to a current price of $12.04 — trading 97.1% above its estimated fair value. The current EV-to-OCF is 8.94, which is 98% above median its 10-year median of 4.52 and 53.6% above the Oil & Gas industry median of 5.82. Obsidian Energy's overall GF Score™ is 51/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-OCF calculated?
EV-to-OCF is calculated from a company's financial statements. For Obsidian Energy (OBE), the current EV-to-OCF is 8.94 as of Sep. 09, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Obsidian Energy (OBE) Overvalued in 2026?
Based on GuruFocus' analysis, Obsidian Energy stock appears to be overvalued.
The current stock price of $12.04 is trading 97.1% above its estimated GF Value™ of $6.11.
GuruFocus considers Obsidian Energy to be Significantly Overvalued.
Key valuation signals for OBE:
EV-to-OCF: 8.94 (98% above median its 10-year median of 4.52)
GF Value™: $6.11 vs. price of $12.04 (97.1% above fair value)
Industry Position: 53.6% above the Oil & Gas median (#663 of 1019)
No single metric tells the full story. See the OBE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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 Sale of Oil.
51GF Score
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