Obsidian Energy Completes Sale of InPlay Oil Stake for $91.4 Million

An announcement from Obsidian Energy ( (TSE:OBE) ) is now available.

On August 7, 2025, Obsidian Energy announced the completion of the sale of its common share position in InPlay Oil Corp. to Delek Group Ltd. for $91.4 million. This transaction, part of a strategy to monetize assets received from a previous disposition, will help the company reduce its existing debt, potentially impacting its financial stability and market positioning.

The most recent analyst rating on (TSE:OBE) stock is a Buy with a C$13.00 price target. To see the full list of analyst forecasts on Obsidian Energy stock, see the TSE:OBE Stock Forecast page.

Spark’s Take on TSE:OBE Stock

According to Spark, TipRanks’ AI Analyst, TSE:OBE is a Neutral.

Obsidian Energy’s overall stock score is weighed down by its financial challenges, particularly in terms of profitability and cash flow management, despite positive revenue growth and a strong balance sheet. Technical analysis further supports a cautious outlook with bearish indicators, while valuation metrics are unattractive due to negative earnings. The absence of earnings call insights and corporate events leaves these aspects out of consideration, focusing attention on the existing financial and market data.

To see Spark’s full report on TSE:OBE stock, click here.

More about Obsidian Energy

Obsidian Energy is an intermediate-sized oil and gas producer with a portfolio of high-quality assets located primarily in the Peace River, Willesden Green, and Viking areas of Alberta. The company focuses on exploring, developing, and holding interests in oil and natural gas properties within the Western Canada Sedimentary Basin. Headquartered in Calgary, Obsidian Energy is listed on the Toronto Stock Exchange and NYSE American.

Average Trading Volume: 357,856

Technical Sentiment Signal: Buy

Current Market Cap: C$566.8M

For a thorough assessment of OBE stock, go to TipRanks’ Stock Analysis page.