Obsidian Energy (OBE) Gross Margin (2020 - 2026)
Obsidian Energy (OBE) recorded quarterly Gross Margin of 33.33% in Q1 2026, down 66.65% quarter-over-quarter from 99.95% in Q4 2025, and up 1833.0% on a YoY basis from 1.72% in Q1 2025.
Obsidian Energy (OBE) Gross Margin (2020 - 2026) Analysis & Trends
Obsidian Energy's Gross Margin history runs 7 years deep, the most recent figure standing at 33.33% for Q1 2026.
- In Q1 2026, Gross Margin rose 1833.0% year-over-year to 33.33%; the TTM figure through Mar 2026 stood at 99.63% (up 1353.0% YoY), while the FY2025 annual figure was 99.4%, up 1349.0% from the prior year.
- Gross Margin was 33.33% for Q1 2026 at Obsidian Energy, down from 99.95% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 99.95% in Q4 2025 to a low of 9.68% in Q1 2022.
- Historically, Gross Margin has averaged 31.17% across 5 years, with a median of 15.38% in 2025.
- The sharpest annual moves came in 2022 and 2023: Gross Margin jumped 80860 bps in 2022, then tumbled 8926 bps in 2023.
- A 5-year view of Gross Margin shows it stood at 99.61% in 2022, then tumbled by 90 bps to 10.34% in 2023, then soared by 736 bps to 86.53% in 2024, then gained by 16 bps to 99.95% in 2025, then sank by 67 bps to 33.33% in 2026.
- The last three Gross Margin figures came in at 33.33% (Q1 2026), 99.95% (Q4 2025), and 25.0% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Woodside Energy | 630.08 Bn | 624.14 Bn | - | - |
| 2 | Canadian Natural Resources | 388.31 Bn | 388.31 Bn | 6.72 Bn | 85.25% |
| 3 | Conocophillips | 142.98 Bn | 136.61 Bn | 9.48 Bn | 60.14% |
| 4 | Eog Resources | 72.93 Bn | 69.08 Bn | - | - |
| 5 | Occidental Petroleum | 55.91 Bn | 52.73 Bn | 4.87 Bn | 93.19% |
| 6 | Diamondback Energy | 54.95 Bn | 61.11 Bn | 4.22 Bn | 99.43% |
| 7 | Vista Energy, S.A.B. de C.V | 35.18 Bn | 34.56 Bn | 472.36 Mn | 54.61% |
| 8 | Eqt | 32.94 Bn | 36.28 Bn | 2.98 Bn | 88.15% |
| 9 | Vermilion Energy | 31.24 Bn | 31.05 Bn | 370.10 Mn | 98.87% |
| 10 | Obsidian Energy | 16.26 Bn | 16.26 Bn | 145,841.14 | 33.33% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 33.33% |
| Dec 31, 2025 | 99.95% |
| Sep 30, 2025 | 25.00% |
| Jun 30, 2025 | 15.38% |
| Mar 31, 2025 | 15.00% |
| Dec 31, 2024 | 86.53% |
| Sep 30, 2024 | 27.27% |
| Jun 30, 2024 | 17.65% |
| Mar 31, 2024 | 13.16% |
| Dec 31, 2023 | 10.34% |
| Sep 30, 2023 | 14.71% |
| Jun 30, 2023 | 13.33% |
| Mar 31, 2023 | 14.81% |
| Dec 31, 2022 | 99.61% |
| Sep 30, 2022 | 12.50% |
| Jun 30, 2022 | 21.62% |
| Mar 31, 2022 | 9.68% |
| Dec 31, 2021 | 99.17% |
| Sep 30, 2021 | 14.29% |
| Jun 30, 2021 | -786.98% |