Obsidian Energy Q2 2025 Financial and Operational Results

SEC Filing 6-K (0000950170-25-100005)

Obsidian Energy Ltd. reported its second quarter 2025 results, achieving average production of 28,943 barrels of oil equivalent per day (boe/d) and generating funds flow from operations of $65.8 million ($0.94 per share). The company repurchased and cancelled approximately 5.4 million shares (7% of outstanding shares) for $36.6 million under its active share buyback program. Key financial highlights include cash flow from operating activities of $55.2 million, net income of $15.3 million, and capital expenditures of $40.2 million. The company also completed the disposition of its operated Pembina assets, which strengthened its balance sheet and reduced decommissioning liabilities. Operational highlights include the successful drilling of wells in Peace River and the commencement of a Clearwater waterflood pilot project. The company remains focused on its return of capital initiative and maintaining financial strength.