Obsidian Energy (OBE) Operating Margin (2014 - 2026)
Obsidian Energy (OBE) reported Operating Margin of 37.23% for Q2 2026, down 9.14 percentage points from 46.37% a year earlier and down 2.45 percentage points from the prior quarter.
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Analysis
Obsidian Energy (OBE) Operating Margin (2014 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Obsidian Energy's Operating Margin came in at 40.75%, down 9.46 percentage points year-over-year; for FY2025, it came in at 9.85%, down 4.56 percentage points from FY2024.
- Operating Margin has a four-year change of -55.40 percentage points (FY2021 to FY2025).
- By year, Operating Margin came in at 14.41% in FY2024, 83.47% in FY2022 (+18.21 pp) and 65.26% in FY2021.
- The Q2 2026 figure ranks as the lowest quarterly Operating Margin in data going back to Q2 2021.
- Year over year, Operating Margin has now declined in each of the last four quarters, with an average year-over-year change of -8.48 percentage points over the last four quarters.
- Per Business Quant data, the three quarters before Q2 2026 came in at 39.68% (Q1 2026), 45.48% (Q4 2025) and 42.89% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 743.20 Bn | 699.68 Bn | - | - |
| 2 | Chevron | 447.03 Bn | 419.15 Bn | 33.45 Bn | -28.44% |
| 3 | Shell | 310.50 Bn | 240.25 Bn | 30.13 Bn | 22.64% |
| 4 | TotalEnergies SE | 198.52 Bn | 79.10 Bn | 61.77 Bn | 24.82% |
| 5 | Conocophillips | 177.09 Bn | 149.80 Bn | 12.81 Bn | 53.17% |
| 6 | Equinor Asa | 119.58 Bn | 34.03 Bn | - | 36.94% |
| 7 | Phillips 66 | 116.56 Bn | 104.35 Bn | 8.38 Bn | -74.35% |
| 8 | Canadian Natural Resources | 113.43 Bn | 110.44 Bn | 8.84 Bn | 81.91% |
| 9 | Suncor Energy | 96.25 Bn | 82.00 Bn | - | 3.43% |
| 10 | Obsidian Energy | 820.65 Mn | 801.92 Mn | - | 37.23% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 37.23% |
| Mar 31, 2026 | 41.02% |
| Dec 31, 2025 | 45.72% |
| Sep 30, 2025 | 42.89% |
| Jun 30, 2025 | 48.28% |
| Mar 31, 2025 | 47.82% |
| Dec 31, 2024 | 51.03% |
| Sep 30, 2024 | 57.15% |
| Jun 30, 2024 | 55.28% |
| Mar 31, 2024 | 47.60% |
| Dec 31, 2023 | 55.97% |
| Sep 30, 2023 | 49.35% |
| Jun 30, 2023 | 52.65% |
| Mar 31, 2023 | 52.13% |
| Dec 31, 2022 | 53.51% |
| Sep 30, 2022 | 49.67% |
| Jun 30, 2022 | 56.78% |
| Mar 31, 2022 | 38.59% |
| Dec 31, 2021 | 183.35% |
| Sep 30, 2021 | 47.63% |
API Access
Obsidian Energy Operating Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-margin&ticker=OBE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-margin", "ticker": "OBE", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-margin&ticker=OBE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();