Obsidian Energy Ltd. OBELF OTC

Obsidian Energy Ltd. (OBELF) generated $352.7M in operating cash flow for fiscal year 2023. After capital expenditures of $293.1M, free cash flow was $59.6M.

Free cash flow margin was 9.1% of revenue. Cash conversion ratio was 3.27x, indicating earnings are backed by cash.

The company returned $47.4M in share buybacks to shareholders during the period.

Criteria supported by this page:

• HEALTH (67/100, Partial) — cash generation is adequate but may not fully cover debt in stressed conditions
• MOAT (58/100, Partial) — cash flow generation is present but not at levels indicating a wide moat
• INCOME (70/100) — Cash conversion ratio was 3.27x confirms earnings are backed by real cash flow

Overall SharesGrow Score: 76/100 with 3/7 criteria passed.