Obsidian Energy (OBE) Q3 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure · Editorial policy
Key numbers
- Adjusted EPS
- $0.27
- Estimate
- $0.52
- Surprise
- -48.4%
- Score today
- 5.7/10
Revenue for this quarter isn’t shown: the reported figure hasn’t cleared TrendMatrix’s freshness and sanity checks yet, and consensus revenue isn’t tracked. EPS above is the available figure.
How the report landed
Obsidian Energy (OBE) missed the $0.52 estimate with adjusted EPS of $0.27 — a large 48.4% shortfall.
Coverage in the report window
- Obsidian Energy Reports Third Quarter 2026 Financial and Operating Results — fiscal.ai, 2026-11-05
- Obsidian Energy Q3 EPS $0.19 Up From $0.17 YoY, Sales $126.198M Up From $93.478M YoY — benzinga, 2026-11-05
Where TrendMatrix's rating stands now
TrendMatrix currently rates OBE Sell at 5.7/10; no pre/post engine snapshot brackets this report.
1 of the last 4 quarters beat the estimate; this quarter's -48.4% surprise compares with a -134.5% four-quarter average. Next scheduled report: 2027-02-18.
What supports the rating
- Sector modifier (Energy): +1.2
- Attractive valuation
What argues against it
- Commodity cycle peak: fwd P/E 4.8× (below 12) + fwd/trail 0.15× (below 0.55). EPS just expanded off a commodity-price surge — forward estimate may be built on stale spot, mean-reversion risk unpriced.
- V7 low-quality RISK_OFF penalty: -0.5 (Q=4.7)
- Consecutive earnings misses (3)
This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.
The levels TrendMatrix's engine tracks
- Current price
- $9.67
- Price target
- $12.63
- Stop
- $8.99
- Upside to target
- +30.6%
- Reward-to-risk
- 2.2:1
The stock trades at 31.2× trailing but 4.8× forward earnings — consensus estimates already build in a substantial earnings recovery.
Risk check: RSI 28 — a level conventionally read as oversold.
Model outputs from TrendMatrix’s engine as of 2026-11-07 — shown for context, not personalized investment advice.
OBE at TrendMatrix's latest read
Energy results are commodity-price arithmetic first; the operational beat or miss is read net of what the strip already told the market.
- Industry
- Oil & Gas E&P
- Market cap
- $645.2M
- P/E (fwd)
- 4.8
- P/E (ttm)
- 31.2
- 52-week range
- $5.55–$14.59
- Off 52-week high
- 33.7%
- RSI (14)
- 28
- Volume vs avg
- 1.01×
- Score today
- 5.7/10