Strategic Belly River Acquisition
We are excited to announce, the acquisition of high-return Belly River light oil assets, consolidating the Company’s position as the largest Belly River producer and deepening our core light oil development platform
Updated Corporate Presentation
We have updated our corporate presentation to reflect our revised guidance, with a ~$100 million increase to our capital program, targeting 15% production growth in 2027
Top Alberta and Canadian Employer!
Obsidian Energy was recognized as one of Alberta’s Top 85 Employers in 2026 as well as one of Canada’s Top Employers: Small and Medium Employers for the third consecutive year in 2026 (the only oil and gas company that was awarded this distinction). These competitions recognize Companies that demonstrate excellence in workplace culture, employee engagement and forward-thinking human resources policies and practices. You can find out why Obsidian Energy was selected at the Obsidian Energy pages for Alberta’s Top 85 Employers and for Canada’s Top 100 Employers – Small and Medium.
Thank you to all of our employees for their contributions for making Obsidian Energy a Top Employer in Alberta and Canada.
Leading Performance
We were recognized for Excellent in Growth in the 2024 TSX30 with a 148% 3-year market cap increase and a 142% 3-year dividend-adjusted share price performance.
The TSX30 recognizes the 30 top-performing TSX listed stocks annually, identifying companies who demonstrate robust financial performance, embrace innovation and drive meaningful growth in their industries, resulting in enhanced value for investors.
