Obsidian Energy (OBE) Research & Development (2010 - 2016)

Obsidian Energy (OBE) posted quarterly Research & Development of $5.4 million for Q3 2016, up 250.66% year-on-year from $1.5 million in Q4 2015, and up 15.35% on a QoQ basis from $4.7 million in Q2 2016.

Obsidian Energy (OBE) Research & Development (2010 - 2016) Analysis & Trends

Obsidian Energy (OBE) has reported Research & Development for 6 consecutive years, with $5.4 million the latest figure, recorded in Q3 2016.

  • Quarterly Research & Development rose 250.66% year-over-year to $5.4 million in Q3 2016, while the trailing twelve-month figure through Sep 2016 was $204.1 million (up 1160.4% YoY) and the FY2016 annual result came in at $182.8 million, down 5.83% from the prior year.
  • Research & Development grew to $5.4 million in Q3 2016 per OBE's latest filing, from $4.7 million in the prior quarter.
  • Over the last five years, Research & Development for OBE reached as high as $192.6 million in Q4 2015 and fell as low as $998692.3 in Q1 2012.
  • A 4-year average of $29.5 million and a median of $5.0 million in 2016 frame the typical range for Research & Development.
  • Annual changes were most pronounced in 2012 — Research & Development sank 75.38% — and 2016, when it surged 250.66%.
  • Year by year, Research & Development stood at $15.1 million in 2012, then fell by 3.13% to $14.7 million in 2014, then soared by 1213.22% to $192.6 million in 2015, then sank by 97.21% to $5.4 million in 2016.
  • According to Business Quant data, Research & Development over the past three periods registered $5.4 million, $4.7 million, and $192.6 million for Q3 2016, Q2 2016, and Q4 2015 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Conocophillips 141.43 Bn 135.06 Bn 9.48 Bn 109.00 Mn
2 Eog Resources 74.61 Bn 70.76 Bn - 45.00 Mn
3 Diamondback Energy 55.39 Bn 55.39 Bn 4.22 Bn -
4 Woodside Energy 41.28 Bn 35.34 Bn 2.71 Bn -
5 Occidental Petroleum 32.80 Bn 28.99 Bn 4.87 Bn 110.00 Mn
6 Eqt 32.48 Bn 32.37 Bn 1.42 Bn -
7 Texas Pacific Land 27.36 Bn 27.11 Bn - -
8 Devon Energy 26.53 Bn 24.72 Bn 3.61 Bn 25.00 Mn
9 Expand Energy 21.67 Bn 19.37 Bn 4.21 Bn 14.00 Mn
10 Obsidian Energy 666.94 Mn 665.85 Mn 145,841.14 -

Historic Data

Download Data
DateValue
Sep 30, 2016 5.37 Mn
Jun 30, 2016 4.66 Mn
Dec 31, 2015 192.58 Mn
Sep 30, 2015 1.53 Mn
Jun 30, 2014 14.66 Mn
Dec 31, 2012 15.14 Mn
Sep 30, 2012 1.00 Mn
Mar 31, 2012 998,692.32
Dec 31, 2011 9.77 Mn
Sep 30, 2011 1.02 Mn
Mar 31, 2011 4.06 Mn
Jun 30, 2010 973,122.17