Obsidian Energy Q3 2026 net income rises 7% to CAD 18 million
OBE•Obsidian Energy’s third-quarter 2026 net income rose 7% year over year to CAD 18 million, while cash flow from operating activities jumped 92% to CAD 87 million.
1. Quarterly results
Obsidian Energy’s third-quarter 2026 net income rose 7% year over year to CAD 18 million, driven mainly by higher oil prices. Cash flow from operating activities increased 92% to CAD 87 million, while capital expenditures rose 16% to CAD 75.6 million.
2. Production and assets
Quarterly production increased year over year to 28,113 boe/d. Recently acquired Belly River assets averaged about 2,600 boe/d, exceeding expectations.
