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Obsidian Energy ( (TSE:OBE) ) has shared an announcement.
On November 27, 2025, Obsidian Energy Ltd. entered into a first amending agreement to its amended and restated credit agreement with a syndicate of lenders led by Royal Bank of Canada, confirming its borrowing base at C$300 million and adjusting key terms related to the definition of permitted junior debt to accommodate the planned issuance of 8.125% senior unsecured notes due December 3, 2030. The amendments, which were later filed with the U.S. Securities and Exchange Commission on February 2, 2026, help solidify Obsidian Energy’s liquidity position and clarify its debt framework, potentially enhancing financial flexibility and reducing covenant-related risks for both the company and its lenders as it manages its capital structure.
The most recent analyst rating on (TSE:OBE) stock is a Hold with a C$10.50 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.
The score is mainly held back by weak financial performance (losses, declining TTM revenue, and slightly negative free cash flow) and limited valuation support (negative P/E). A manageable balance sheet with low leverage and steady operating cash flow, plus broadly neutral technical indicators, provide partial offset.
To see Spark’s full report on TSE:OBE stock, click here.
More about Obsidian Energy
Obsidian Energy Ltd. is a Calgary-based oil and gas producer operating in Canada’s energy sector, focused on the exploration and development of crude oil and natural gas assets. The company relies on syndicated credit facilities and capital markets financing to fund its operations and growth initiatives.
YTD Price Performance: 16.86%
Average Trading Volume: 242,726
Technical Sentiment Signal: Buy
Current Market Cap: C$660.4M
See more insights into OBE stock on TipRanks’ Stock Analysis page.