Obsidian Energy (OBE) Tax Provisions (2010 - 2026)
Obsidian Energy (OBE) posted quarterly Tax Provisions of -$4.3 million for Q1 2026, down 223.47% year-on-year from $3.5 million in Q1 2025, and down 223.47% on a QoQ basis from $3.5 million in Q1 2025.
Obsidian Energy (OBE) Tax Provisions (2010 - 2026) Analysis & Trends
Obsidian Energy (OBE) has reported Tax Provisions for 11 consecutive years, with -$4.3 million the latest figure, recorded in Q1 2026.
- Quarterly Tax Provisions fell 223.47% year-over-year to -$4.3 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $8.3 million (down 51.9% YoY) and the FY2016 annual result came in at $190.3 million, down 58.97% from the prior year.
- Tax Provisions fell to -$4.3 million in Q1 2026 per OBE's latest filing, from $3.5 million in the prior quarter.
- Over the last five years, Tax Provisions for OBE reached as high as $7.2 million in Q1 2023 and fell as low as -$4.3 million in Q1 2026.
- A 4-year average of $3.3 million and a median of $4.1 million in 2025 frame the typical range for Tax Provisions.
- Annual changes were most pronounced in 2025 — Tax Provisions increased 9.2% — and 2026, when it tumbled 223.47%.
- Year by year, Tax Provisions stood at $5.9 million in 2023, then plunged by 45.85% to $3.2 million in 2024, then grew by 9.2% to $3.5 million in 2025, then slumped by 223.47% to -$4.3 million in 2026.
- According to Business Quant data, Tax Provisions over the past three periods registered -$4.3 million, $3.5 million, and $3.2 million for Q1 2026, Q1 2025, and Q1 2024 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 141.43 Bn | 135.06 Bn | 9.48 Bn | 1.18 Bn |
| 2 | Eog Resources | 74.61 Bn | 70.76 Bn | - | 575.00 Mn |
| 3 | Diamondback Energy | 55.39 Bn | 55.39 Bn | 4.22 Bn | 32.00 Mn |
| 4 | Woodside Energy | 41.28 Bn | 35.34 Bn | 2.71 Bn | 1.10 Bn |
| 5 | Occidental Petroleum | 32.80 Bn | 28.99 Bn | 4.87 Bn | 154.00 Mn |
| 6 | Eqt | 32.48 Bn | 32.37 Bn | 1.42 Bn | 84.93 Mn |
| 7 | Texas Pacific Land | 27.36 Bn | 27.11 Bn | - | 40.66 Mn |
| 8 | Devon Energy | 26.53 Bn | 24.72 Bn | 3.61 Bn | -188.00 Mn |
| 9 | Expand Energy | 21.67 Bn | 19.37 Bn | 4.21 Bn | 330.00 Mn |
| 10 | Obsidian Energy | 666.94 Mn | 665.85 Mn | 145,841.14 | -4.30 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -4.30 Mn |
| Mar 31, 2025 | 3.48 Mn |
| Mar 31, 2024 | 3.19 Mn |
| Sep 30, 2023 | 5.89 Mn |
| Jun 30, 2023 | 4.62 Mn |
| Mar 31, 2023 | 7.18 Mn |
| Sep 30, 2017 | -13.56 Mn |
| Mar 31, 2017 | 6.80 Mn |
| Sep 30, 2016 | -142.68 Mn |
| Mar 31, 2016 | -42.26 Mn |
| Dec 31, 2015 | 652.67 Mn |
| Sep 30, 2015 | -197.54 Mn |
| Jun 30, 2015 | 24.38 Mn |
| Mar 31, 2015 | -19.41 Mn |
| Dec 31, 2014 | -169.09 Mn |
| Jun 30, 2014 | 23.83 Mn |
| Dec 31, 2013 | -194.48 Mn |
| Dec 31, 2011 | -46.90 Mn |
| Mar 31, 2011 | -355.99 Mn |
| Dec 31, 2010 | -64.15 Mn |