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| Date | Value |
|---|---|
| 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 |