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
DateValue
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%