Obsidian Energy (OBE) Operating Expenses (2009 - 2026)

Obsidian Energy (OBE) recorded quarterly Operating Expenses of $30.0 million in Q1 2026, down 3.69% quarter-over-quarter from $31.2 million in Q4 2025, and down 26.93% on a YoY basis from $41.1 million in Q1 2025.

Obsidian Energy (OBE) Operating Expenses (2009 - 2026) Analysis & Trends

Obsidian Energy's Operating Expenses history runs 18 years deep, the most recent figure standing at $30.0 million for Q1 2026.

  • In Q1 2026, Operating Expenses fell 26.93% year-over-year to $30.0 million; the TTM figure through Mar 2026 stood at $119.9 million (down 23.59% YoY), while the FY2025 annual figure was $131.6 million, down 11.92% from the prior year.
  • Operating Expenses was $30.0 million for Q1 2026 at Obsidian Energy, down from $31.2 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $41.1 million in Q1 2025 to a low of $28.7 million in Q2 2025.
  • Historically, Operating Expenses has averaged $34.6 million across 5 years, with a median of $34.8 million in 2023.
  • The sharpest annual moves came in 2022 and 2026: Operating Expenses jumped 36.43% in 2022, then decreased 26.93% in 2026.
  • A 5-year view of Operating Expenses shows it stood at $35.1 million in 2022, then dropped by 4.06% to $33.6 million in 2023, then climbed by 19.16% to $40.1 million in 2024, then slipped by 22.19% to $31.2 million in 2025, then decreased by 3.69% to $30.0 million in 2026.
  • The last three Operating Expenses figures came in at $30.0 million (Q1 2026), $31.2 million (Q4 2025), and $30.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Woodside Energy 630.08 Bn 624.14 Bn - -
2 Canadian Natural Resources 388.31 Bn 388.31 Bn 6.72 Bn 1.04 Bn
3 Conocophillips 142.98 Bn 136.61 Bn 9.48 Bn 2.28 Bn
4 Eog Resources 72.93 Bn 69.08 Bn - 4.32 Bn
5 Occidental Petroleum 55.91 Bn 52.73 Bn 4.87 Bn 1.12 Bn
6 Diamondback Energy 54.95 Bn 61.11 Bn 4.22 Bn 4.12 Bn
7 Vista Energy, S.A.B. de C.V 35.18 Bn 34.56 Bn 472.36 Mn -52.32 Mn
8 Eqt 32.94 Bn 36.28 Bn 2.98 Bn 54.87 Mn
9 Vermilion Energy 31.24 Bn 31.05 Bn 370.10 Mn 103.33 Mn
10 Obsidian Energy 16.26 Bn 16.26 Bn 145,841.14 30.04 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 30.04 Mn
Dec 31, 2025 31.19 Mn
Sep 30, 2025 30.01 Mn
Jun 30, 2025 28.65 Mn
Mar 31, 2025 41.12 Mn
Dec 31, 2024 40.09 Mn
Sep 30, 2024 39.80 Mn
Jun 30, 2024 35.90 Mn
Mar 31, 2024 36.59 Mn
Dec 31, 2023 33.64 Mn
Sep 30, 2023 34.83 Mn
Jun 30, 2023 35.29 Mn
Mar 31, 2023 36.25 Mn
Dec 31, 2022 35.07 Mn
Sep 30, 2022 33.35 Mn
Jun 30, 2022 34.43 Mn
Mar 31, 2022 31.82 Mn
Dec 31, 2021 25.70 Mn
Sep 30, 2021 25.66 Mn
Jun 30, 2021 27.58 Mn