Obsidian Inventory from 2010 to 2024

OBE Stock  USD 7.07  0.24  3.28%   
Obsidian Energy's Inventory is decreasing over the years with slightly volatile fluctuation. Inventory is expected to dwindle to 0.95. During the period from 2010 to 2024 Obsidian Energy Inventory annual values regression line had geometric mean of  3,884,912 and mean square error of 1729.9 T. View All Fundamentals
 
Inventory  
First Reported
2013-12-31
Previous Quarter
1
Current Value
8.3 M
Quarterly Volatility
81.9 M
 
Yuan Drop
 
Covid
Check Obsidian Energy financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Obsidian Energy's main balance sheet or income statement drivers, such as Depreciation And Amortization of 214.5 M, Total Revenue of 620.6 M or Gross Profit of 174.4 M, as well as many indicators such as Price To Sales Ratio of 1.83, Dividend Yield of 0.088 or PTB Ratio of 0.42. Obsidian financial statements analysis is a perfect complement when working with Obsidian Energy Valuation or Volatility modules.
  
Check out the analysis of Obsidian Energy Correlation against competitors.
For information on how to trade Obsidian Stock refer to our How to Trade Obsidian Stock guide.

Latest Obsidian Energy's Inventory Growth Pattern

Below is the plot of the Inventory of Obsidian Energy over the last few years. It is Obsidian Energy's Inventory historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Obsidian Energy's overall financial position and show how it may be relating to other accounts over time.
Inventory10 Years Trend
Slightly volatile
   Inventory   
       Timeline  

Obsidian Inventory Regression Statistics

Arithmetic Mean81,453,333
Geometric Mean3,884,912
Coefficient Of Variation89.19
Mean Deviation65,116,444
Median85,000,000
Standard Deviation72,644,751
Sample Variance5277.3T
Range199M
R-Value(0.83)
Mean Square Error1729.9T
R-Squared0.70
Significance0.0001
Slope(13,547,857)
Total Sum of Squares73881.6T

Obsidian Inventory History

2024 0.95
2023 1.0
20226.2 M
20211.8 M
2020800 K
201985 M
2018M

Other Fundumenentals of Obsidian Energy

About Obsidian Energy Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Obsidian Energy income statement, its balance sheet, and the statement of cash flows. Obsidian Energy investors use historical funamental indicators, such as Obsidian Energy's Inventory, to determine how well the company is positioned to perform in the future. Although Obsidian Energy investors may use each financial statement separately, they are all related. The changes in Obsidian Energy's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Obsidian Energy's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Obsidian Energy Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Obsidian Energy. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Inventory 1.00  0.95 
Inventory Turnover 32.56  30.93 
Average Inventory2.8 M2.5 M

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Additional Information and Resources on Investing in Obsidian Stock

When determining whether Obsidian Energy is a strong investment it is important to analyze Obsidian Energy's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Obsidian Energy's future performance. For an informed investment choice regarding Obsidian Stock, refer to the following important reports:
Check out the analysis of Obsidian Energy Correlation against competitors.
For information on how to trade Obsidian Stock refer to our How to Trade Obsidian Stock guide.
You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
Is Oil & Gas Exploration & Production space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Obsidian Energy. If investors know Obsidian will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Obsidian Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.58)
Earnings Share
0.78
Revenue Per Share
8.172
Quarterly Revenue Growth
(0.01)
Return On Assets
0.0421
The market value of Obsidian Energy is measured differently than its book value, which is the value of Obsidian that is recorded on the company's balance sheet. Investors also form their own opinion of Obsidian Energy's value that differs from its market value or its book value, called intrinsic value, which is Obsidian Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Obsidian Energy's market value can be influenced by many factors that don't directly affect Obsidian Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Obsidian Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Obsidian Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Obsidian Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.