Obsidian Energy
OBE
#6714
Rank
NZ$0.71 B
Marketcap
$9.42
Share price
0.34%
Change (1 day)
-25.99%
Change (1 year)

Operating Margin for Obsidian Energy (OBE)

Operating Margin as of September 2024 (TTM): 18.34%

According to Obsidian Energy's latest financial reports and stock price the company's current Operating Margin is 18.34%. At the end of 2023 the company had an Operating Margin of 19.12%.

Operating Margin history for Obsidian Energy from 2006 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202319.12%-68.8%
202261.27%-26.37%
202183.22%-130.89%
2020-269.35%43.48%
2019-187.74%164.68%
2018-70.93%229.06%
2017-21.56%-86.18%
2016-155.92%-43.31%
2015-275.06%261.55%
2014-76.08%108.45%
2013-36.50%-745.19%
20125.66%-49.53%
201111.21%-66.08%
201033.04%-267.66%
2009-19.71%-177.18%
200825.53%150.21%
200710.20%-62.68%
200627.34%-18.64%
200533.61%0.6%
200433.41%-33.12%
200349.95%35.9%
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.