Analyst Coverage

Obsidian Energy is covered by the analysts listed below. Please note that any opinions, forecasts or recommendations regarding Obsidian Energy’s performance are made by these analysts and do not necessarily represent the opinions, forecasts or recommendations of Obsidian Energy or its management. Obsidian Energy does not, by reference to such reports, endorse or concur with such opinions, forecasts or recommendations.

BMO

Ray Kwan

Desjardins

Scott Van Bolhuis

National Bank of Canada

Dan Payne

Peters & Co. Ltd.

Dan Grager

Raymond James

Jeremy McCrea

Scotia Capital

Patrick Bryden

TD Securities

Juan Jarrah