Obsidian Energy (OBE) Cash Flow: Operating & Free Cash Flow

Obsidian Energy Cash Flow Statement Analysis

Values in millions CAD

Income Statement Balance Sheet Cash Flow Ratios

Scale:

Scroll to see more

Cash flow statement showing operating, investing, and financing activities for Obsidian Energy Ltd. (OBE) - Annual data in millions CAD
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Period ending	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017
Operating Activities
Net Income	35.20	-202.60	108.00	810.10	414.00	-771.70	-788.30	-305.00	-84.00
Depreciation & Amortization	192.20	681.70	225.80	-111.50	-198.60	134.20	254.20	0.00	237.00
Deferred Income Tax	11.80	-62.50	35.60	-246.40	0.00	-134.20	-254.20	0.00	-13.00
Stock Based Compensation	8.30	8.20	8.00	4.70	2.30	2.10	4.50	6.00	8.00
Change in Working Capital	30.60	-35.70	13.60	34.80	-5.10	-6.60	-39.60	68.00	5.00
Change in Other Working Capital	30.60	-35.70	13.60	-26.70	-5.10	-6.60	-39.60	68.00	5.00
Other Operating Activities	-42.40	-27.20	-38.30	-26.70	-13.90	855.60	900.20	330.00	-28.00
Net Cash from Operating Activities	235.70	361.90	352.70	456.80	198.70	79.40	76.80	99.00	125.00
Investing Activities
Capital Expenditures	-299.20	-426.50	-293.10	-319.40	-141.00	-57.20	-103.20	-168.00	-141.00
Acquisitions	208.30	0.00	0.00	0.00	-33.70	0.10	0.00	0.00	0.00
Other Investing Activities	73.70	-347.10	-0.50	24.00	18.00	-9.10	2.10	7.00	107.00
Net Cash from Investing Activities	-17.20	-430.50	-293.60	-290.80	-156.60	-66.20	-101.10	-161.00	-34.00
Financing Activities
Debt Repayment	-158.70	112.30	-11.50	-292.40	-5.40	-10.30	24.30	52.00	-102.00
Common Stock Issued	0.00	0.00	0.00	1.40	24.10	0.00	0.00	0.00	0.00
Common Stock Repurchased	-55.60	-41.70	-47.40	0.00	0.00	0.00	0.00	0.00	0.00
Other Financing Activities	-4.10	-3.00	-0.50	-6.50	-0.10	2.20	2.60	8.00	2.00
Net Cash from Financing Activities	-218.40	67.60	-59.40	-172.50	-42.90	-8.10	26.90	60.00	-100.00
Summary
Effect of Forex Changes on Cash	0.00	0.00	0.00	0.00	0.00	0.00	0.00	62.00	0.00
Net Change in Cash	0.10	-1.00	-0.30	-6.50	-0.80	5.10	2.60	60.00	-9.00
Cash at Beginning of Period	-0.50	0.50	0.80	7.30	8.10	3.00	0.40	2.00	11.00
Cash at End of Period	-0.40	-0.50	0.50	0.80	7.30	8.10	3.00	62.00	2.00
Free Cash Flow	-63.50	-64.60	59.60	137.40	57.70	22.20	-26.40	-69.00	-16.00
Supplemental Disclosures
Interest Paid	22.00	32.10	27.50	29.20	30.10	-	-	-	-

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Frequently Asked Questions About Obsidian Energy Cash Flow

What is Obsidian Energy's free cash flow?

Obsidian Energy had negative free cash flow of CAD 63.50M in fiscal 2025 (fiscal year ended Dec 31, 2025), operating cash flow of CAD 235.70M minus CAD 299.20M of capital expenditures.

How much does Obsidian Energy spend on capital expenditures?

Obsidian Energy spent CAD 299.20M on capital expenditures in fiscal 2025, compared with CAD 426.50M a year earlier. That equals 126.9% of operating cash flow.

Does Obsidian Energy pay dividends or buy back shares?

Yes. In fiscal 2025 Obsidian Energy returned CAD 55.60M in share buybacks to shareholders, according to its cash flow statement.

What is free cash flow?

Free cash flow is operating cash flow minus capital expenditures. It is the cash a company has left for dividends, buybacks, debt repayment or acquisitions after funding its operations and investment. Full definition