Obsidian Energy (OBE) Return on Capital Employed (2010 - 2025)

Obsidian Energy (OBE) recorded quarterly Return on Capital Employed of 23.02% in Q4 2025, up 5.96% quarter-over-quarter from 21.73% in Q4 2024, and up 129.0% on a YoY basis from 10.05% in Q4 2024.

Obsidian Energy (OBE) Return on Capital Employed (2010 - 2025) Analysis & Trends

Obsidian Energy's Return on Capital Employed history runs 11 years deep, the most recent figure standing at 23.02% for Q4 2025.

  • In Q4 2025, Return on Capital Employed rose 129.0% year-over-year to 23.02%; the TTM figure through Dec 2025 stood at 23.02% (up 129.0% YoY), while the FY2025 annual figure was 21.18%, down 160.0% from the prior year.
  • Return on Capital Employed was 23.02% for Q4 2025 at Obsidian Energy, up from 21.73% in the prior quarter.
  • In the past five years, Return on Capital Employed ranged from a high of 34.8% in Q4 2021 to a low of 9.31% in Q4 2023.
  • Historically, Return on Capital Employed has averaged 20.85% across 5 years, with a median of 23.02% in 2025.
  • The sharpest annual moves came in 2023 and 2024: Return on Capital Employed sank 4334 bps in 2023, then jumped 3104 bps in 2024.
  • A 5-year view of Return on Capital Employed shows it stood at 34.8% in 2021, then retreated by 2 bps to 34.02% in 2022, then sank by 127 bps to 9.31% in 2023, then jumped by 333 bps to 21.73% in 2024, then grew by 6 bps to 23.02% in 2025.
  • The last three Return on Capital Employed figures came in at 23.02% (Q4 2025), 21.73% (Q4 2024), and 9.31% (Q4 2023), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) ROCE (Qtr)
1 Woodside Energy 630.08 Bn 624.14 Bn - 13.66%
2 Canadian Natural Resources 388.31 Bn 388.31 Bn 6.72 Bn -
3 Conocophillips 142.98 Bn 136.61 Bn 9.48 Bn 22.41%
4 Eog Resources 72.93 Bn 69.08 Bn - 15.04%
5 Occidental Petroleum 55.91 Bn 52.73 Bn 4.87 Bn 19.02%
6 Diamondback Energy 54.95 Bn 61.11 Bn 4.22 Bn -0.44%
7 Vista Energy, S.A.B. de C.V 35.18 Bn 34.56 Bn 472.36 Mn 23.41%
8 Eqt 32.94 Bn 36.28 Bn 2.98 Bn 12.16%
9 Vermilion Energy 31.24 Bn 31.05 Bn 370.10 Mn 34,022.25%
10 Obsidian Energy 16.26 Bn 16.26 Bn 145,841.14 -

Historic Data

Download Data
DateValue
Dec 31, 2025 23.02%
Dec 31, 2024 21.73%
Dec 31, 2023 -9.31%
Dec 31, 2022 34.02%
Dec 31, 2021 34.80%
Dec 31, 2020 55.35%
Dec 31, 2019 -46.74%
Dec 31, 2018 -11.23%
Dec 31, 2017 -2.74%
Dec 31, 2016 -25.17%
Dec 31, 2010 9.61%
Sep 30, 2010 9.65%
Jun 30, 2010 6.24%
Mar 31, 2010 -0.62%