Update / H1 2025 Guidance
We expect full year 2024 average production to be approximately 37,450 boe/d, a ~16% increase over 2023 and surpassing the top end of our 2024 guidance. Our first half 2025 capital program and guidance is expected to be announced on February 5, 2025.
Top Canadian Employer
We were selected as a winner for Canada’s Top 100 Employers: Small and Medium Employers for 2024 – and one of two Calgary-based oil and gas companies that were awarded this distinction. The Top 100 is a competition that recognizes the small and medium enterprises that offer the nation’s best workplaces and forward-thinking human resources policies. You can find out why Obsidian Energy was selected.
Thank you to all our employees for their contributions for making Obsidian Energy a Top Employer in the country and a great place to work.
Leading Performance
We were recognized for Excellent in Growth in the 2024 TSX30 with a 148% 3-year market cap increase and a 142% 3-year dividend-adjusted share price performance.
The TSX30 recognizes the 30 top-performing TSX listed stocks annually, identifying companies who demonstrate robust financial performance, embrace innovation and drive meaningful growth in their industries, resulting in enhanced value for investors.
