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Home › Companies › Obsidian Energy Ltd. › 2024-2025

Obsidian Energy Ltd. 2024-2025 Proxy Voting Records

At Obsidian Energy Ltd.'s shareholder meeting held May 7, 2025, in the 2024-2025 proxy season, 50 asset managers reported how they voted in their SEC Form N-PX filings, covering 288 separate fund positions. Their filings are grouped here into 13 reported items; because filers word the same ballot item differently, that can be more than the number of items on the ballot. No official Form 8-K vote tally has been matched to this meeting, so this page states no certified outcome for its most widely held ballot item. On that item — Advisory vote approving Obsidian Energy's approach to executive compensation as more… — the reporting funds cast 17% of the shares they voted in favour (FOR divided by FOR plus AGAINST plus WITHHELD; abstained and unvoted shares are excluded because neither took a side). That is the aggregate of those managers' own N-PX disclosures, not the company's certified result, and the funds are a subset of all shareholders.

Download data (CSV): ballot items · votes by manager · column guide.

Compiled from SEC Form N-PX filings. Page generated November 8, 2026.

  • 13Reported items
  • 50Asset managers
  • 288Fund votes
  • May 7, 2025Meeting date

Results at a glance

No official results are on file for this meeting: no Form 8-K tally (Item 5.07) from Obsidian Energy Ltd. has been matched to it. The figures below are the funds’ own votes from Form N-PX. They are not the meeting result, so they are not used to judge dissent.

Material dissent: a director nominee under 80% of the votes cast, say-on-pay under 70%, any other item the board put forward under 80%, or a shareholder proposal with more than 50%, on the company’s own Form 8-K tally. How this is decided

Proxy season: 2023-2024 2024-2025 2025-2026

Explore Obsidian Energy Ltd. in the interactive database Compare manager voting policies

How asset managers voted at the Obsidian Energy Ltd. 2024-2025 meeting

Each item below shows how the 50 asset managers that disclosed a Obsidian Energy Ltd. vote in their SEC Form N-PX filings actually voted. Share totals are the shares those managers' funds voted, summed across every fund they report. These are reported items, not a count of the ballot: fund filings describe one ballot item in different words. Two descriptions are shown as one item only on evidence — the same text (or one cut short of the other), the same director nominee, or a match to the same row of Obsidian Energy Ltd.’s own Form 8-K tally — never because they merely read alike. A description that could not be joined that way is listed on its own, so one ballot item can appear more than once.

1. ELECTION OF DIRECTOR: EDWARD H. KERNAGHAN

No official resultsDIRECTOR ELECTIONS

Combines 3 wordings of this item as funds reported it.

49.2% of fund votes cast · no official result

FORWITHHOLD
Details: votes by 9 asset managers

The 9 asset managers below reported 1,483,018 for, 1,530,154 withheld, 7,064 abstained. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 1,483,018ABSTAIN: 7,064WITHHOLD: 1,530,154
Largest asset managers voting on “ELECTION OF DIRECTOR: EDWARD H. KERNAGHAN” at Obsidian Energy Ltd., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Dimensional00 01,521,900Withhold
American Century829,5470 00For
First Trust486,4080 00For
Charles Schwab166,6630 00For
Brighthouse00 05,354Withhold
John Hancock00 4,2640Abstain
Lincoln Financial00 02,900Withhold
Allianz00 2,8000Abstain
Blackstone Alternative Investment Funds4000 00For

2. ELECTION OF DIRECTOR: GORDON RITCHIE

No official resultsDIRECTOR ELECTIONS

Combines 3 wordings of this item as funds reported it.

100% of fund votes cast · no official result

FOR
Details: votes by 9 asset managers

The 9 asset managers below reported 3,020,236 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 3,020,236
Largest asset managers voting on “ELECTION OF DIRECTOR: GORDON RITCHIE” at Obsidian Energy Ltd., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Dimensional1,521,9000 00For
American Century829,5470 00For
First Trust486,4080 00For
Charles Schwab166,6630 00For
Brighthouse5,3540 00For
John Hancock4,2640 00For
Lincoln Financial2,9000 00For
Allianz2,8000 00For
Blackstone Alternative Investment Funds4000 00For

3. ELECTION OF DIRECTOR: JOHN BRYDSON

No official resultsDIRECTOR ELECTIONS

Combines 3 wordings of this item as funds reported it.

49.2% of fund votes cast · no official result

FORWITHHOLD
Details: votes by 9 asset managers

The 9 asset managers below reported 1,482,618 for, 1,530,554 withheld, 7,064 abstained. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 1,482,618ABSTAIN: 7,064WITHHOLD: 1,530,554
Largest asset managers voting on “ELECTION OF DIRECTOR: JOHN BRYDSON” at Obsidian Energy Ltd., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Dimensional00 01,521,900Withhold
American Century829,5470 00For
First Trust486,4080 00For
Charles Schwab166,6630 00For
Brighthouse00 05,354Withhold
John Hancock00 4,2640Abstain
Lincoln Financial00 02,900Withhold
Allianz00 2,8000Abstain
Blackstone Alternative Investment Funds00 0400Withhold

4. Elect Director Michael J. Faust

No official resultsDIRECTOR ELECTIONS

Combines 4 wordings of this item as funds reported it.

49.2% of fund votes cast · no official result

FORWITHHOLD
Details: votes by 9 asset managers

The 9 asset managers below reported 1,483,018 for, 1,530,154 withheld, 7,064 abstained. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 1,483,018ABSTAIN: 7,064WITHHOLD: 1,530,154
Largest asset managers voting on “Elect Director Michael J. Faust” at Obsidian Energy Ltd., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Dimensional00 01,521,900Withhold
American Century829,5470 00For
First Trust486,4080 00For
Charles Schwab166,6630 00For
Brighthouse00 05,354Withhold
John Hancock00 4,2640Abstain
Lincoln Financial00 02,900Withhold
Allianz00 2,8000Abstain
Blackstone Alternative Investment Funds4000 00For

5. ELECTION OF DIRECTOR: RAYMOND D. CROSSLEY

No official resultsDIRECTOR ELECTIONS

Combines 3 wordings of this item as funds reported it.

100% of fund votes cast · no official result

FOR
Details: votes by 9 asset managers

The 9 asset managers below reported 3,020,236 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 3,020,236
Largest asset managers voting on “ELECTION OF DIRECTOR: RAYMOND D. CROSSLEY” at Obsidian Energy Ltd., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Dimensional1,521,9000 00For
American Century829,5470 00For
First Trust486,4080 00For
Charles Schwab166,6630 00For
Brighthouse5,3540 00For
John Hancock4,2640 00For
Lincoln Financial2,9000 00For
Allianz2,8000 00For
Blackstone Alternative Investment Funds4000 00For

6. ELECTION OF DIRECTOR: SHANI BOSMAN

No official resultsDIRECTOR ELECTIONS

Combines 3 wordings of this item as funds reported it.

49.2% of fund votes cast · no official result

FORWITHHOLD
Details: votes by 9 asset managers

The 9 asset managers below reported 1,483,018 for, 1,530,154 withheld, 7,064 abstained. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 1,483,018ABSTAIN: 7,064WITHHOLD: 1,530,154
Largest asset managers voting on “ELECTION OF DIRECTOR: SHANI BOSMAN” at Obsidian Energy Ltd., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Dimensional00 01,521,900Withhold
American Century829,5470 00For
First Trust486,4080 00For
Charles Schwab166,6630 00For
Brighthouse00 05,354Withhold
John Hancock00 4,2640Abstain
Lincoln Financial00 02,900Withhold
Allianz00 2,8000Abstain
Blackstone Alternative Investment Funds4000 00For

7. Elect Director Stephen E. Loukas

No official resultsDIRECTOR ELECTIONS

Combines 4 wordings of this item as funds reported it.

100% of fund votes cast · no official result

FOR
Details: votes by 9 asset managers

The 9 asset managers below reported 3,020,236 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 3,020,236
Largest asset managers voting on “Elect Director Stephen E. Loukas” at Obsidian Energy Ltd., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Dimensional1,521,9000 00For
American Century829,5470 00For
First Trust486,4080 00For
Charles Schwab166,6630 00For
Brighthouse5,3540 00For
John Hancock4,2640 00For
Lincoln Financial2,9000 00For
Allianz2,8000 00For
Blackstone Alternative Investment Funds4000 00For

8. Advisory vote approving Obsidian Energy's approach to executive compensation as more particularly described in the…

No official resultsSECTION 14A SAY-ON-PAY VOTES

Combines 5 wordings of this item as funds reported it.

17% of fund votes cast · no official result

FORAGAINST
Details: description as filed, votes by 37 asset managers

Description as filed by funds: Advisory vote approving Obsidian Energy's approach to executive compensation as more particularly described in the information circular and proxy statement of Obsidian Energy dated March 15, 2025 (the "Information Circular").

The 37 asset managers below reported 111,983 for, 537,028 against, 56 not voted. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 111,983AGAINST: 537,028NOT VOTED: 56
Largest asset managers voting on “Advisory vote approving Obsidian Energy's approach to executive compensation as more particularly described in” at Obsidian Energy Ltd., 2024-2025
Asset managerForAgainst AbstainWithheldVote
GMT CAPITAL CORP0180,008 00Against
ENVESTNET ASSET MANAGEMENT INC0178,054 00Against
UNITED CAPITAL FINANCIAL ADVISORS, LLC0175,528 00Against
Beacon Pointe Advisors, LLC40,4830 00For
SCOTIA CAPITAL INC.22,2430 00For
BlackRock20,6210 00For
Adalta Capital Management LLC16,9170 00For
First National Bank of Mount Dora, Trust Investment Services4,2490 00For
ROCKEFELLER FINANCIAL LLC3,3700 00For
John Hancock02,500 00Against
FINANCIAL COUNSELORS INC1,4280 00For
TRUIST FINANCIAL CORP0773 00Against
Capital Group7000 00For
JARISLOWSKY, FRASER Ltd5760 00For
LAZARI CAPITAL MANAGEMENT, INC.5710 00For
RAYMOND JAMES TRUST N.A.1490 00For
Clark Capital Management Group, Inc.1020 00For
PRIVATE MANAGEMENT GROUP INC930 00For
1832 Asset Management L.P.920 00For
US BANK NATIONAL ASSOCIATION860 00For
Trust Point Inc.850 00For
Cerity Partners LLC071 00Against
Moloney Securities Asset Management, LLC710 00For
BERKSHIRE ASSET MANAGEMENT LLC/PA050 00Against
Vivaldi Capital Management LP420 00For

Showing the 25 largest of 37 asset managers. All 37 are in the interactive database (link above).

9. Advisory Vote on Executive Compensation Approach

46.5% of fund votes cast · no official result

FORAGAINST
Details: votes by 8 asset managers

The 8 asset managers below reported 1,327,327 for, 1,530,154 against. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 1,327,327AGAINST: 1,530,154
Largest asset managers voting on “Advisory Vote on Executive Compensation Approach” at Obsidian Energy Ltd., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Dimensional01,521,900 00Against
American Century829,5470 00For
First Trust486,4080 00For
Desjardins Global Asset Management Inc.10,9430 00For
Brighthouse05,354 00Against
Lincoln Financial02,900 00Against
Blackstone Alternative Investment Funds4000 00For
CIDEL ASSET MANAGEMENT INC290 00For

10. Advisory Vote to Ratify Named Executive Officers' Compensation

No official resultsFund totals may overlapSECTION 14A SAY-ON-PAY VOTES

99.9% Fund and manager reports combined; may count the same shares twice · no official result

FOR
Details: votes by 4 asset managers

Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice). The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

Fund voting reports: 1 asset manager voting on “Advisory Vote to Ratify Named Executive Officers' Compensation” at Obsidian Energy Ltd., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Charles Schwab166,6630 00For

Fund voting reports, all 1 managers: 166,663 for.

Institutional-manager reports: 3 asset managers voting on “Advisory Vote to Ratify Named Executive Officers' Compensation” at Obsidian Energy Ltd., 2024-2025
Asset managerForAgainst AbstainWithheldVote
TD ASSET MANAGEMENT INC82,4150 00For
TD Waterhouse Canada Inc.1,6320 00For
Empirical Financial Services, LLC d.b.a. Empirical Wealth Ma064 00Against

Institutional-manager reports, all 3 managers: 84,047 for, 64 against.

11. Advisory vote approving Obsidian Energy's approach to executive compensation as more particularly described in the…

No official resultsSECTION 14A SAY-ON-PAY VOTES

0% of fund votes cast · no official result

AGAINST
Details: description as filed, votes by 2 asset managers

Description as filed by funds: ADVISORY VOTE APPROVING OBSIDIAN ENERGY'S APPROACH TO EXECUTIVE COMPENSATION AS MORE PARTICULARLY DESCRIBED IN THE INFORMATION CIRCULAR AND PROXY STATEMENT OF OBSIDIAN ENERGY DATED MARCH 15, 2025

The 2 asset managers below reported 4,564 against. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

AGAINST: 4,564
Largest asset managers voting on “ADVISORY VOTE APPROVING OBSIDIAN ENERGY'S APPROACH TO EXECUTIVE COMPENSATION AS MORE PARTICULARLY DESCRIBED IN” at Obsidian Energy Ltd., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Allianz02,800 00Against
John Hancock01,764 00Against

12. Ratify KPMG LLP as Auditors

No official resultsAUDIT-RELATED

100% of fund votes cast · no official result

FOR
Details: votes by 6 asset managers

The 6 asset managers below reported 2,846,509 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 2,846,509
Largest asset managers voting on “Ratify KPMG LLP as Auditors” at Obsidian Energy Ltd., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Dimensional1,521,9000 00For
American Century829,5470 00For
First Trust486,4080 00For
Brighthouse5,3540 00For
Lincoln Financial2,9000 00For
Blackstone Alternative Investment Funds4000 00For

13. An ordinary resolution to appoint KPMG LLP, chartered accountants, calgary, alberta, as auditor of Obsidian Energy for…

No official resultsAUDIT-RELATED

Combines 2 wordings of this item as funds reported it.

100% of fund votes cast · no official result

FOR
Details: description as filed, votes by 2 asset managers

Description as filed by funds: AN ORDINARY RESOLUTION TO APPOINT KPMG LLP, CHARTERED ACCOUNTANTS, CALGARY, ALBERTA, AS AUDITOR OF OBSIDIAN ENERGY FOR THE ENSUING YEAR

The 2 asset managers below reported 7,064 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 7,064
Largest asset managers voting on “AN ORDINARY RESOLUTION TO APPOINT KPMG LLP, CHARTERED ACCOUNTANTS, CALGARY, ALBERTA, AS AUDITOR OF OBSIDIAN EN” at Obsidian Energy Ltd., 2024-2025
Asset managerForAgainst AbstainWithheldVote
John Hancock4,2640 00For
Allianz2,8000 00For

Largest Obsidian Energy Ltd. shareholders voting in 2024-2025

Ranked separately for each type of Form N-PX report. An institutional manager can report shares that a fund it advises also reports, so the two tables can list the same shares and are never added together. Each is ranked by the shares voted on the item that the most managers of that type reported, shown as a share of the 73,684,802 shares outstanding at the time of that meeting.

Fund voting reports: top Obsidian Energy Ltd. shareholders by shares voted on “ELECTION OF DIRECTOR: EDWARD H. KERNAGHAN”, 2024-2025
#Asset manager % of shares outstanding
1Dimensional 2.07%
2American Century 1.13%
3First Trust 0.66%
4Charles Schwab 0.23%
5Brighthouse <0.01%
6John Hancock <0.01%
7Lincoln Financial <0.01%
8Allianz <0.01%
9Blackstone Alternative Investment Funds <0.01%
Institutional-manager reports: top Obsidian Energy Ltd. shareholders by shares voted on “Advisory vote approving Obsidian Energy's approach to executive compensation as more…”, 2024-2025
#Asset manager % of shares outstanding
1GMT CAPITAL CORP 0.24%
2ENVESTNET ASSET MANAGEMENT INC 0.24%
3UNITED CAPITAL FINANCIAL ADVISORS, LLC 0.24%
4Beacon Pointe Advisors, LLC 0.05%
5SCOTIA CAPITAL INC. 0.03%
6BlackRock 0.03%
7Adalta Capital Management LLC 0.02%
8First National Bank of Mount Dora, Trust Investment Services <0.01%
9ROCKEFELLER FINANCIAL LLC <0.01%
10FINANCIAL COUNSELORS INC <0.01%

Reported Obsidian Energy Ltd. holdings and ownership

As disclosed to the SEC in Form 13F (quarter-end holdings of 30 large managers), Schedules 13D and 13G (beneficial ownership above 5%) and the company’s own proxy statement (DEF 14A). Each row names its form.

Obsidian Energy Ltd. holdings and ownership disclosed for the 2024-2025 proxy season
Holder % outstanding Disclosure
Royal Bank of Canada 5.99% 13G
Kernwood Ltd 4.68% 13D
Lorber David A 4.18% 13D
Dimensional Fund Advisors 1.96% 13F
Goldman Sachs 1.27% 13F
Citadel Advisors 0.53% 13F
Millennium Management 0.41% 13F
D.E. Shaw 0.34% 13F
Two Sigma 0.28% 13F
Charles Schwab 0.17% 13F

Percentages above are of 73,684,802 shares outstanding, as reported by Obsidian Energy Ltd. on its Form 40-F dated December 31, 2024 (see the filing on EDGAR). This is the count contemporaneous with the 2024-2025 meeting, not today’s. Each holding is as of its own filing, which may be dated before or after the meeting.

Related

About this page

Every figure above is derived from filings made with the US Securities and Exchange Commission: Form N-PX, in which registered funds disclose how they voted every proxy and institutional managers disclose their votes on executive pay (say-on-pay, say-on-frequency and golden parachutes), and Form 8-K Item 5.07, in which the company reports its own meeting results. Shares outstanding are taken from Obsidian Energy Ltd.’s 40-F dated December 31, 2024. This page is a static snapshot rebuilt weekly on November 8, 2026; a live search always shows the current data.

Obsidian Energy Ltd. proxy season coverage: 2023-2024 · 2024-2025 (this page) · 2025-2026.

Cite this page

proxyvotesnow.com, “Obsidian Energy (OBE) 2025 Annual Meeting: Shareholder Vote Results”, https://proxyvotesnow.com/company/obsidian-energy-ltd/2025 (version of November 9, 2026). Derived from SEC Form N-PX and Form 8-K filings; tables licensed CC BY 4.0. Licence: CC BY 4.0.