
Obsidian Energy Ltd
TSX:OBE

Gross Margin
Obsidian Energy Ltd
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Gross Margin Across Competitors
Country | Company | Market Cap |
Gross Margin |
||
---|---|---|---|---|---|
CA |
![]() |
Obsidian Energy Ltd
TSX:OBE
|
618m CAD |
71%
|
|
US |
![]() |
Conocophillips
NYSE:COP
|
120.4B USD |
48%
|
|
CN |
C
|
CNOOC Ltd
SSE:600938
|
715.6B CNY |
49%
|
|
US |
![]() |
EOG Resources Inc
NYSE:EOG
|
66.2B USD |
61%
|
|
CA |
![]() |
Canadian Natural Resources Ltd
TSX:CNQ
|
92B CAD |
50%
|
|
US |
![]() |
Hess Corp
NYSE:HES
|
46.1B USD |
78%
|
|
US |
P
|
Pioneer Natural Resources Co
LSE:0KIX
|
46B USD |
51%
|
|
US |
![]() |
Diamondback Energy Inc
NASDAQ:FANG
|
42.7B USD |
71%
|
|
US |
V
|
Venture Global Inc
NYSE:VG
|
37.3B USD |
67%
|
|
AU |
![]() |
Woodside Energy Group Ltd
ASX:WDS
|
50.5B AUD |
43%
|
|
US |
![]() |
EQT Corp
NYSE:EQT
|
32.2B USD |
73%
|
Obsidian Energy Ltd
Glance View
Obsidian Energy Ltd. is an exploration and production company. The company is headquartered in Calgary, Alberta and currently employs 173 full-time employees. The firm operates in one segment, to explore for, develop and hold interests in oil and natural gas properties and related production infrastructure in the Western Canada Sedimentary Basin directly and through investments in securities of subsidiaries holding such interests. The firm operates a portfolio of opportunities with an oil position in the Cardium, Peace River and Viking areas of Alberta. Its Cardium development play is located in West Central Alberta and extends over 300 kilometers from Calgary to Grande Prairie, Alberta. The Viking development area is located in Eastern Alberta along the Alberta/Saskatchewan border. The Peace River development area is a heavy oil play located in Northwestern Alberta.

See Also
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Based on Obsidian Energy Ltd's most recent financial statements, the company has Gross Margin of 70.8%.