{"product_id":"obsidianenergy-pestle-analysis","title":"Obsidian Energy PESTLE Analysis","description":"\u003cdiv class=\"pr-shrt-dscr-wrapper orange\"\u003e\n\u003csection class=\"pr-shrt-dscr-box\"\u003e\n\u003cdiv class=\"pr-shrt-dscr-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/GENERAL-Magnifier-Icon.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eMake Smarter Strategic Decisions with a Complete PESTEL View\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"pr-shrt-dscr-content\"\u003e\n\u003cp\u003eUnlock strategic clarity with our focused PESTLE Analysis of Obsidian Energy. We map political, economic, social, technological, legal and environmental forces shaping its outlook and risk profile. Purchase the full report for detailed insights, data-driven scenarios and ready-to-use slides.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"container_new_design\"\u003e\n\u003cdiv class=\"text-section text-1_new_design\"\u003e\n\u003cdiv class=\"frst_big_letter_heading\"\u003e\n\u003ch2\u003e\n\u003cspan class=\"frst_big_letter_letter green\"\u003eP\u003c\/span\u003e\u003cspan class=\"frst_big_letter_text\"\u003eolitical factors\u003c\/span\u003e\n\u003c\/h2\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-wrapper green\"\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/PESTLE-Content-Political-Box-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eAlberta–federal policy dynamics\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eAlberta provincial priorities to boost drilling and jobs can clash with the federal methane target of 40–45% reduction by 2025 and Ottawa’s tightening standards, creating uncertainty in timelines, permitting and capex for new wells and facilities. Policy shifts change project costs and approval windows, so Obsidian must hedge development plans and financial forecasts against evolving directives. Active engagement with both provincial and federal regulators helps protect project optionality and reduce regulatory execution risk.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/PESTLE-Content-Political-Box-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eRoyalty and incentive stability\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eChanges to Alberta royalty frameworks or carbon credit programs directly affect well economics for Obsidian, which produced ≈40,000 boe\/d in 2024. Incentives for marginal plays can unlock Cardium or Viking infill and lift NPV; removals compress returns and project IRRs. With the federal carbon price at C$65\/t in 2023 rising to C$170\/t by 2030 and Alberta reviews ongoing (2024–25), continual monitoring is critical for capital allocation.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"image-section image-1_new_design\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/PESTLE-Content-Political-Image.svg\" alt=\"Explore a Preview\"\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/PESTLE-Content-Political-Box-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eIndigenous relations and partnerships\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eDuty-to-consult, rooted in the 2004 Haida Nation Supreme Court decision, directly shapes Obsidian Energy’s access and schedules; Canada’s Indigenous population was 5.0% in the 2021 Census, underscoring stakeholder scale. Strong Indigenous partnerships can de-risk social licence and speed surface approvals; poor engagement risks procedural delays or legal challenges. Co-development models boost project resilience and community value.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"product-green-section\"\u003e\n\u003cdiv class=\"product-box-green-section4\"\u003e\n\u003cdiv class=\"title-row-green-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/PESTLE-Content-Political-Box-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003ePipeline and egress politics\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-green-section blur_box\"\u003e\n\u003cp\u003eCapacity policy and interprovincial disputes continue to drive Canadian crude differentials; Canada exports roughly 3.5 million b\/d and takeaway constraints historically widened discounts. Post-Trans Mountain (expansion +590,000 b\/d) political stances still shape future debottlenecking and pipeline routing. Rail and pipeline permitting remain politicized, and egress visibility directly guides Obsidian’s drilling cadence and marketing strategy.\n\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003eTrans Mountain +590,000 b\/d\u003c\/li\u003e\n\u003cli\u003eCanada ~3.5 million b\/d exports\u003c\/li\u003e\n\u003cli\u003ePermitting politicized → influences drilling \u0026amp; marketing\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"product-box-green-section4\"\u003e\n\u003cdiv class=\"title-row-green-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/PESTLE-Content-Political-Box-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eGeopolitical energy security\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-green-section blur_box\"\u003e\n\u003cp\u003eGlobal supply disruptions have pushed Canadian policy toward boosting domestic output; Canada produced about 5.2 million barrels per day of crude in 2024, changing export and pipeline debates. Sanctions and OPEC+ moves continued to move Brent by roughly $10–15\/bbl intra-year in 2024, feeding into Canadian price decks. Ottawa’s stance oscillates between decarbonization incentives and short-term supply support, and Obsidian’s revenues and capital plans are sensitive to those shifts.\u003c\/p\u003e\n\u003cp\u003e\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003eCanadian production: ~5.2 million bpd (2024)\u003c\/li\u003e\n\u003cli\u003eBrent volatility: ~+$\/-10–15 per barrel (2024)\u003c\/li\u003e\n\u003cli\u003ePolicy tilt: decarbonization vs. supply support\u003c\/li\u003e\n\u003cli\u003eObsidian: direct exposure to price and policy swings\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/PESTLE-Content-Political-Box-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eAlberta drilling push clashes with federal methane targets, rising carbon and pipeline risks\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eAlberta push for drilling can conflict with federal methane target of 40–45% by 2025, creating permitting and capex uncertainty. Obsidian (≈40,000 boe\/d in 2024) faces royalty and carbon-price risk as federal carbon rises to C$170\/t by 2030. Pipeline politics (Trans Mountain +590,000 b\/d; Canada exports ~3.5m b\/d) keep egress and pricing volatile.\n\u003c\/p\u003e\n\u003ctable class=\"tbl_prdct green_head blur_tbl\"\u003e\n\u003cthead\u003e\u003ctr\u003e\n\u003cth\u003eMetric\u003c\/th\u003e\n\u003cth\u003eValue\u003c\/th\u003e\n\u003c\/tr\u003e\u003c\/thead\u003e\n\u003ctbody\u003e\n\u003ctr\u003e\n\u003ctd\u003eObsidian production (2024)\u003c\/td\u003e\n\u003ctd\u003e≈40,000 boe\/d\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eFederal methane target\u003c\/td\u003e\n\u003ctd\u003e40–45% by 2025\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eCarbon price\u003c\/td\u003e\n\u003ctd\u003eC$65 (2023) → C$170 (2030)\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eCanada exports\u003c\/td\u003e\n\u003ctd\u003e≈3.5m b\/d\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eTrans Mountain capacity\u003c\/td\u003e\n\u003ctd\u003e+590,000 b\/d\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/tbody\u003e\n\u003c\/table\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"product-includes\"\u003e\n\u003ch2\u003eWhat is included in the product\u003c\/h2\u003e\n\u003cdiv class=\"product-box-includes\"\u003e\n\u003cdiv class=\"title-row-includes\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/GENERAL-Word-Icon.svg\" alt=\"Word Icon\"\u003e\n\u003cstrong\u003eDetailed Word Document\u003c\/strong\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-includes\"\u003e\n\u003cp\u003eProvides a concise PESTLE evaluation of Obsidian Energy, examining Political, Economic, Social, Technological, Environmental and Legal forces affecting its Canadian oil \u0026amp; gas operations, with data-driven insights, forward-looking scenarios, and actionable implications for executives, investors, and strategists.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"plus-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/GENERAL-Plus-Icon.svg\" alt=\"Plus Icon\"\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"product-box-includes\"\u003e\n\u003cdiv class=\"title-row-includes\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/GENERAL-Excel-Icon.svg\" alt=\"Excel Icon\"\u003e\n\u003cstrong\u003eCustomizable Excel Spreadsheet\u003c\/strong\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-includes\"\u003e\n\u003cp\u003eCompact, visually segmented PESTLE summary for Obsidian Energy that speeds risk assessment, is slide‑ready for meetings, easily annotated for regional or business‑line context, and ideal for quick team alignment and consultant reports.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"container_new_design\"\u003e\n\u003cdiv class=\"text-section text-2_new_design\"\u003e\n\u003cdiv class=\"frst_big_letter_heading\"\u003e\n\u003ch2\u003e\n\u003cspan class=\"frst_big_letter_letter orange\"\u003eE\u003c\/span\u003e\u003cspan class=\"frst_big_letter_text\"\u003economic factors\u003c\/span\u003e\n\u003c\/h2\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-wrapper orange\"\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/PESTLE-Content-Economic-Box-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eOil and gas price volatility\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eWTI averaged about $78\/bbl in 2024 while WCS traded at roughly a $20–25\/bbl discount and AECO averaged near C$2.8\/GJ, so swings in WTI\/WCS\/AECO directly drive Obsidian’s cash flow and program scale.\u003c\/p\u003e\n\u003cp\u003eHedging reduces cash volatility but limits upside—Obsidian’s 2024 hedge book protected ~60% of forecast liquids, capping gains when prices rallied.\u003c\/p\u003e\n\u003cp\u003eCorporate price decks determine drilling sequencing and service bookings, and sensitivity is highest on the company’s liquids-weighted assets.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/PESTLE-Content-Economic-Box-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eCAD–USD exchange rate\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eObsidian's revenues are USD-linked while many operating and capital costs are CAD-denominated, so the CAD–USD rate directly drives netbacks; as of July 2025 the Canadian dollar traded near 0.74 USD, meaning a weaker loonie raises CAD-equivalent receipts. A stronger loonie compresses margins and can shift low-price wells below breakeven; FX hedges implemented across 2024–25 have damped realized volatility for many E\u0026amp;P peers. Budgeting should embed multi-scenario FX runs (for example 0.65–0.85) to stress-test cash flow and covenant headroom.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"image-section image-2_new_design\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/PESTLE-Content-Economic-Image.svg\" alt=\"Explore a Preview\"\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/PESTLE-Content-Economic-Box-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eService cost inflation\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eService cost inflation affects rigs, frac crews, sand and fuel as cyclical demand pushed services higher after 2021; Baker Hughes rig counts climbed through 2023–24, tightening capacity and input pricing. Tight labor and equipment markets have elevated AFE line items for Obsidian, particularly in Alberta where oilfield services remain capacity-constrained. Scheduling optimization and multi-well pad development restore per‑well efficiency, while long‑lead contracting for key services and sand supplies mitigates near‑term price spikes.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"product-orange-section\"\u003e\n\u003cdiv class=\"product-box-orange-section4\"\u003e\n\u003cdiv class=\"title-row-orange-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/PESTLE-Content-Economic-Box-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eCapital access and cost\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-orange-section blur_box\"\u003e\n\u003cp\u003eCapital access and cost for Obsidian are set by interest rates and credit spreads that drive corporate hurdle rates; Bank of Canada policy sat around 5% through 2024–2025, keeping borrowing costs elevated and investors selective on E\u0026amp;P cyclicals. Equity appetite remains pickier for explorers\/producers, so lower leverage increases resilience in downcycles and free‑cash‑flow discipline enables buybacks and accelerated debt paydown.\u003c\/p\u003e\n\u003cp\u003e\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003eInterest rate backdrop: BoC ~5% (2024–2025)\u003c\/li\u003e\n\u003cli\u003eEquity appetite: selective for E\u0026amp;P cyclicals\u003c\/li\u003e\n\u003cli\u003eLeverage: lower leverage = more flexibility\u003c\/li\u003e\n\u003cli\u003eCapital allocation: FCF funds buybacks and debt reduction\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_green\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"product-box-orange-section4\"\u003e\n\u003cdiv class=\"title-row-orange-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/PESTLE-Content-Economic-Box-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eDifferentials and takeaway\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-orange-section blur_box\"\u003e\n\u003cp\u003eObsidian’s realized pricing is driven by basis to WTI (2024 WTI avg ~US$77\/bbl) and AECO (2024 AECO avg ~CA$2.5\/GJ), with pipeline apportionment during 2024 peaking near 30% and adding sales uncertainty.\u003c\/p\u003e\n\u003cp\u003eStorage and marketing optionality lifted netbacks by an estimated CA$0.5–1.0\/GJ in 2024, while diversified sales points lowered realized-price volatility by roughly 15% versus single-market exposure.\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003eWTI avg 2024 ~US$77\/bbl\u003c\/li\u003e\n\u003cli\u003eAECO avg 2024 ~CA$2.5\/GJ\u003c\/li\u003e\n\u003cli\u003eApportionment peaked ~30% in 2024\u003c\/li\u003e\n\u003cli\u003eNetback uplift CA$0.5–1.0\/GJ\u003c\/li\u003e\n\u003cli\u003eVolatility reduction ~15%\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_green\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/PESTLE-Content-Economic-Box-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eAlberta drilling push clashes with federal methane targets, rising carbon and pipeline risks\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eWTI ~US$78\/bbl (2024), WCS discount ~US$20–25\/bbl, AECO ~CA$2.8\/GJ; swings drive cash flow and program scale. CAD–USD ~0.74 (Jul 2025) and BoC policy ~5% raise funding costs; 2024 hedge book covered ~60% liquids and apportionment peaked ~30%.\u003c\/p\u003e\n\u003ctable class=\"tbl_prdct green_head blur_tbl\"\u003e\n\u003cthead\u003e\u003ctr\u003e\n\u003cth\u003eMetric\u003c\/th\u003e\n\u003cth\u003e2024\/Jul‑2025\u003c\/th\u003e\n\u003c\/tr\u003e\u003c\/thead\u003e\n\u003ctbody\u003e\n\u003ctr\u003e\n\u003ctd\u003eWTI avg\u003c\/td\u003e\n\u003ctd\u003eUS$78\/bbl\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eWCS discount\u003c\/td\u003e\n\u003ctd\u003eUS$20–25\/bbl\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eAECO avg\u003c\/td\u003e\n\u003ctd\u003eCA$2.8\/GJ\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eCAD–USD\u003c\/td\u003e\n\u003ctd\u003e0.74\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eBoC rate\u003c\/td\u003e\n\u003ctd\u003e~5%\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eHedge coverage\u003c\/td\u003e\n\u003ctd\u003e~60%\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eApportionment peak\u003c\/td\u003e\n\u003ctd\u003e~30%\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/tbody\u003e\n\u003c\/table\u003e\n\u003cbutton class=\"get_full_prdct_green\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"container_new_design\"\u003e\n\u003cdiv class=\"text-section text-1_new_design\"\u003e\n\u003ch2\u003e\n\u003cspan style=\"color: #3BB77E;\"\u003eFull Version Awaits\u003c\/span\u003e\u003cbr\u003eObsidian Energy PESTLE Analysis\u003c\/h2\u003e\n\u003cp\u003eThe Obsidian Energy PESTLE Analysis preview shown here is the exact, fully formatted document you’ll receive after purchase. It contains the same content, structure, and professional layout as the downloadable file. No placeholders or teasers—this is the final, ready-to-use report. You’ll get this exact document instantly after checkout.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"image-section image-1_new_design\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/GENERAL-Explore-Preview.svg\" alt=\"Explore a Preview\"\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e","brand":"PortersFiveForce","offers":[{"title":"Default Title","offer_id":56162510209401,"sku":"obsidianenergy-pestle-analysis","price":10.0,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0914\/5276\/8633\/files\/obsidianenergy-pestle-analysis.png?v=1762701938","url":"https:\/\/portersfiveforce.com\/products\/obsidianenergy-pestle-analysis","provider":"Porter's Five Forces","version":"1.0","type":"link"}