Obsidian Energy (OBE) Gross Margin (2020 - 2026)
Obsidian Energy (OBE) posted quarterly Gross Margin of 33.33% for Q1 2026, up 1833.0% year-on-year from 1.72% in Q1 2025, and up 33.33% on a QoQ basis from 25.0% in Q4 2025.
Obsidian Energy (OBE) Gross Margin (2020 - 2026) Analysis & Trends
Obsidian Energy (OBE) has reported Gross Margin for 7 consecutive years, with 33.33% the latest figure, recorded in Q1 2026.
- Quarterly Gross Margin rose 1833.0% year-over-year to 33.33% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 22.25% (down 6385.0% YoY) and the FY2025 annual result came in at 17.07%, down 6884.0% from the prior year.
- Gross Margin climbed to 33.33% in Q1 2026 per OBE's latest filing, from 25.0% in the prior quarter.
- Over the last five years, Gross Margin for OBE reached as high as 86.53% in Q4 2024 and fell as low as 2879.31% in Q4 2023.
- A 5-year average of 148.24% and a median of 15.0% in 2025 frame the typical range for Gross Margin.
- Annual changes were most pronounced in 2023 — Gross Margin slumped 289360 bps — and 2024, when it soared 296584 bps.
- Year by year, Gross Margin stood at 14.29% in 2022, then tumbled by 20255 bps to 2879.31% in 2023, then soared by 103 bps to 86.53% in 2024, then sank by 71 bps to 25.0% in 2025, then jumped by 33 bps to 33.33% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 33.33%, 25.0%, and 25.0% for Q1 2026, Q4 2025, and Q3 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 141.43 Bn | 135.06 Bn | 9.48 Bn | 60.14% |
| 2 | Eog Resources | 74.61 Bn | 70.76 Bn | - | - |
| 3 | Diamondback Energy | 55.39 Bn | 55.39 Bn | 4.22 Bn | 99.43% |
| 4 | Woodside Energy | 41.28 Bn | 35.34 Bn | 2.71 Bn | 89.26% |
| 5 | Occidental Petroleum | 32.80 Bn | 28.99 Bn | 4.87 Bn | 93.19% |
| 6 | Eqt | 32.48 Bn | 32.37 Bn | 1.42 Bn | 78.73% |
| 7 | Texas Pacific Land | 27.36 Bn | 27.11 Bn | - | - |
| 8 | Devon Energy | 26.53 Bn | 24.72 Bn | 3.61 Bn | 80.17% |
| 9 | Expand Energy | 21.67 Bn | 19.37 Bn | 4.21 Bn | 95.79% |
| 10 | Obsidian Energy | 666.94 Mn | 665.85 Mn | 145,841.14 | 33.33% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 33.33% |
| Dec 31, 2025 | 25.00% |
| 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 | -2,879.31% |
| Sep 30, 2023 | 14.71% |
| Jun 30, 2023 | 13.33% |
| Mar 31, 2023 | 14.81% |
| Dec 31, 2022 | 14.29% |
| Sep 30, 2022 | 12.50% |
| Jun 30, 2022 | 21.62% |
| Mar 31, 2022 | 9.68% |
| Dec 31, 2021 | -445.83% |
| Sep 30, 2021 | 14.29% |
| Jun 30, 2021 | 29.08% |