Obsidian Energy Reports Third-Quarter 2026 Results

Obsidian Energy Ltd. released its operating and financial results for the third quarter ended September 30, 2026. The company reported average production of 28,113 boe/d and generated $86.7 million in funds flow from operations, with adjusted funds flow from operations reaching $80.7 million, excluding a $6.0 million share-based compensation recovery. Management highlighted the strong performance of its recent Belly River acquisition, which is currently producing approximately 2,600 boe/d.

The company also noted successful results from its two-well pad in the Belly River area, which produced 2,131 boe/d post-cleanup. Obsidian Energy continues to execute its second-half capital program with active drilling operations in the Peace River and other key resource areas.