Obsidian Energy Ltd. reported earnings results for the full year ended December 31, 2023. For the full year, the company reported revenue was CAD 683.9 million compared to CAD 771 million a year ago. Net income was CAD 108 million compared to CAD 810.1 million a year ago.

Basic earnings per share from continuing operations was CAD 1.33 compared to CAD 9.88 a year ago. Diluted earnings per share from continuing operations was CAD 1.28 compared to CAD 9.6 a year ago.