Comparing Extraction Oil & Gas (OTCMKTS:XOGAQ) & Obsidian Energy (OTCMKTS:OBELF)

Profitability

This table compares Extraction Oil & Gas and Obsidian Energy’s net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Extraction Oil & Gas -223.86% -56.20% -11.52%
Obsidian Energy 99.13% 78.07% 35.32%

Valuation & Earnings

This table compares Extraction Oil & Gas and Obsidian Energy”s top-line revenue, earnings per share (EPS) and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
Extraction Oil & Gas $906.64 million 0.01 -$1.39 billion ($0.46) -0.13
Obsidian Energy $220.00 million 2.26 -$576.07 million $4.17 1.47

Obsidian Energy has lower revenue, but higher earnings than Extraction Oil & Gas. Extraction Oil & Gas is trading at a lower price-to-earnings ratio than Obsidian Energy, indicating that it is currently the more affordable of the two stocks.

Insider & Institutional Ownership

38.6% of Extraction Oil & Gas shares are held by institutional investors. Comparatively, 0.0% of Obsidian Energy shares are held by institutional investors. 6.0% of Extraction Oil & Gas shares are held by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.

Risk and Volatility

Extraction Oil & Gas has a beta of 2.1, meaning that its share price is 110% more volatile than the S&P 500. Comparatively, Obsidian Energy has a beta of 2.47, meaning that its share price is 147% more volatile than the S&P 500.

Summary

Obsidian Energy beats Extraction Oil & Gas on 8 of the 11 factors compared between the two stocks.

About Extraction Oil & Gas

(Get Free Report)

Extraction Oil & Gas, Inc., an independent oil and gas company, focuses on the acquisition, development, and production of oil, natural gas, and natural gas liquid reserves in the Rocky Mountain region, primarily in the Wattenberg Field of the Denver-Julesburg (DJ) Basin of Colorado. The company also engages in the construction and support of midstream assets to gather, process, and produce crude oil and gas. As of December 31, 2019, it had approximately 169,900 net acres of contiguous acreage blocks in the productive areas of the DJ Basin; held approximately 125,500 net acres outside of the Core DJ Basin; had estimated proved reserves of approximately 254.1 MMBoe; and had 1,509 gross producing wells. The company was founded in 2012 and is headquartered in Denver, Colorado. On June 14, 2020, Extraction Oil & Gas, Inc., along with its affiliates, filed a voluntary petition for reorganization under Chapter 11 in the U.S. Bankruptcy Court for the District of Delaware.

About Obsidian Energy

(Get Free Report)

Obsidian Energy Ltd. is an exploration and production company. The firm engages in exploring, developing, and holds 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. Its property portfolio includes Cardium, Viking, and Peace River. The company was founded on December 27, 1979 and is headquartered in Calgary, Canada.

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