Is Obsidian Energy Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Obsidian Energy Ltd (OBE.TO) is currently classified as HALAL as of March 2026. The classification is based on an evaluation of the company's business activities and financial ratios to determine whether it meets Islamic investment guidelines.

Is Obsidian Energy Ltd a Shariah-compliant stock?

A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Obsidian Energy Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Obsidian Energy Ltd?

Muslim investors may consider investing in Obsidian Energy Ltd if it meets Shariah compliance standards. Investors typically review the company's business activities, debt levels, and non-permissible income before making a decision.

Why is Obsidian Energy Ltd classified as HALAL?

Musaffa determines the Shariah status of Obsidian Energy Ltd by analyzing whether the company's core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.

How often is the Shariah compliance for Obsidian Energy Ltd updated?

The Shariah compliance status of Obsidian Energy Ltd may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like Obsidian Energy Ltd become non-compliant?

Yes. A stock that is currently Shariah-compliant may become non-compliant if the company's financial ratios exceed Shariah thresholds or its business activities change.

Where can I check the Shariah status of Obsidian Energy Ltd?

You can check the latest Shariah compliance status of Obsidian Energy Ltd on Musaffa's stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.

OBE.TO Shariah Compliance

Screening Methodology: AAOIFI

HALAL

Last Updated: March 18, 2026

Report Source: 2025 Annual Report

Analyst's Ratings for Obsidian Energy Ltd (OBE.TO)

Based on 8 analysts giving stock ratings to Obsidian Energy Ltd in the past 3 months

Strong
SellSellHoldBuyStrong
Buy

Strong Buy

Buy

Hold

Sell

Strong Sell

Obsidian Energy Ltd. Stock Analysis OBE.TO

Canada Energy Small Cap Report: 2025 Annual

Obsidian Energy Ltd. is an exploration and production company. The firm's business is to explore for, develop and hold interests in oil and natural gas properties and related production infrastructure in the Western Canada Sedimentary Basin. Its principal business consists of the exploration, development and production of petroleum resources. The Peace River is a cold-flow heavy oil resource within the heart of the Peace River Oilsands region. The company has full ownership of a large, contiguous approximately 700 section area of land at Peace River. Willesden Green & PCU#11 provides an extensive acreage totaling 226 net sections prospective for Cardium, Belly River and Mannville play. The Viking is a light oil development play with associated natural gas located in central Alberta.

Key Statistics of Obsidian Energy Ltd (OBE.TO)

Key statistics in the stock market are essential financial indicators that measure a company's performance, valuation, profitability, and risk.

Today's Range

CAD17.99CAD18.62

Today's Open

CAD18.29

Volume

179.45K

P/E Ratio (TTM)

34.46

52 Week Range

CAD6.42CAD19.83

Market Cap

1.32B

Avg. Volume

546.48K

Dividend Yield

Financial Metrics & Statements of Obsidian Energy Ltd (OBE.TO)

FAQ's for Obsidian Energy Ltd (OBE.TO)

According to Musaffa’s Shariah screening methodology, Obsidian Energy Ltd (OBE.TO) is currently classified as HALAL as of March 2026. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.