Latest profit margin for Obsidian Energy: 15.81% — see history and peer comparisons.
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+ FollowAs of Jun 2024
Trailing 12 months ending Jun 2024
Obsidian Energy (OBE) currently reports a profit margin of 15.81% as of June 2024. That compares with 107.03% in the prior-year period — down 85.2% year over year. That is above the Energy sector average of 9.81%. Use the charts on this page to explore Obsidian Energy's profit margin history and peer comparisons.
Obsidian Energy's profit margin decreased from 107.03% to 15.81% — a 85.2% year-over-year decrease (period ending June 2024). Watching multi-year history on the chart below helps separate one-off swings from a lasting trend.
Obsidian Energy's profit margin of 15.81% is higher than the Energy sector average of 9.81%. That is roughly 61.2% above the sector mean. A reading higher peers can reflect different growth expectations, capital structure, or profitability — so it is worth checking the peer comparison chart before drawing conclusions.
There is no universal 'good' profit margin, but Obsidian Energy's current 15.81% should be judged against Energy norms (sector average: 9.81%) and against OBE's own history. Strong, stable readings often indicate durable competitive advantage; volatile or declining ones deserve a closer look at margins and capital efficiency.
Start with the current profit margin of 15.81%, then check the historical chart for trend and the peer comparison chart for relative positioning. The Energy average is 9.81%. From there, open related valuation or income-statement pages for Obsidian Energy, and consider following OBE for alerts when major investors trade the stock.