Obsidian Energy
OBE
#6069
Rank
$0.56 B
Marketcap
$7.44
Share price
-0.67%
Change (1 day)
18.66%
Change (1 year)

Operating Margin for Obsidian Energy (OBE)

Operating Margin as of July 2024 (TTM): 64.10%

According to Obsidian Energy's latest financial reports and stock price the company's current Operating Margin is 64.10%. At the end of 2021 the company had an Operating Margin of 83.22%.

Operating Margin history for Obsidian Energy from 2006 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
202183.22%-130.89%
2020-269.35%42.2%
2019-189.42%175.75%
2018-68.69%209.48%
2017-22.20%-85.76%
2016-155.92%-43.31%
2015-275.06%261.55%
2014-76.08%98.96%
2013-38.24%-621.95%
20127.33%-34.64%
201111.21%-468.42%
2010-3.04%-84.56%
2009-19.71%-171.87%
200827.42%168.69%
200710.20%-62.66%
200627.33%-18.69%
200533.61%0.57%
200433.42%-32.46%
200349.48%34.62%
200236.75%-29.56%
200152.18%

What is a company's Operating Margin

The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.