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Canadian (TSX) Oil and Gas Services Industry Analysis

UpdatedMay 08, 2024
DataAggregated Company Financials
Companies17
  • 7D-0.2%
  • 3M12.2%
  • 1Y50.4%
  • YTDn/a

Last week, the Oil and Gas Services industry hasn't moved much but CES Energy Solutions is up 4.1% in that time. As for the the longer term, the industry is up 50% over the past 12 months. As for the next few years, earnings are forecast to decline by 2.0% per annum.

Industry Valuation and Performance

Has the Canadian Oil and Gas Services Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 08 May 2024CA$12.1bCA$22.8bCA$1.4b8.9x8.5x0.5x
Fri, 05 Apr 2024CA$12.5bCA$22.0bCA$1.1b8.5x11.7x0.6x
Sun, 03 Mar 2024CA$11.8bCA$22.3bCA$849.9m7.3x13.9x0.5x
Tue, 30 Jan 2024CA$11.7bCA$22.6bCA$882.8m8.7x13.3x0.5x
Thu, 28 Dec 2023CA$10.7bCA$22.6bCA$882.8m8.9x12.1x0.5x
Sat, 25 Nov 2023CA$9.7bCA$22.6bCA$886.1m8.1x10.9x0.4x
Mon, 23 Oct 2023CA$9.7bCA$21.7bCA$878.5m8x11.1x0.4x
Wed, 20 Sep 2023CA$10.8bCA$21.7bCA$878.5m8.4x12.3x0.5x
Fri, 18 Aug 2023CA$10.5bCA$21.7bCA$875.2m8.1x11.9x0.5x
Sun, 16 Jul 2023CA$10.2bCA$21.3bCA$850.9m7.8x12x0.5x
Tue, 13 Jun 2023CA$9.4bCA$21.3bCA$850.9m7.5x11x0.4x
Thu, 11 May 2023CA$9.2bCA$20.8bCA$719.3m8.4x12.8x0.4x
Sat, 08 Apr 2023CA$9.2bCA$19.8bCA$590.3m8.9x15.6x0.5x
Mon, 06 Mar 2023CA$10.8bCA$19.8bCA$528.3m10.4x20.5x0.5x
Wed, 01 Feb 2023CA$10.9bCA$18.4bCA$289.9m12.6x37.7x0.6x
Fri, 30 Dec 2022CA$10.2bCA$18.4bCA$289.9m13.3x35.3x0.6x
Sun, 27 Nov 2022CA$10.3bCA$18.3bCA$279.0m12.7x37x0.6x
Tue, 25 Oct 2022CA$9.0bCA$16.0bCA$40.7m11.2x221.9x0.6x
Thu, 22 Sep 2022CA$8.1bCA$16.0bCA$40.7m11.2x198.4x0.5x
Sat, 20 Aug 2022CA$8.4bCA$16.0bCA$70.0m12x119.7x0.5x
Mon, 18 Jul 2022CA$7.4bCA$13.5b-CA$139,817,947.0013.6x-52.9x0.5x
Wed, 15 Jun 2022CA$8.7bCA$13.5b-CA$139,817,947.0015.6x-62.4x0.6x
Fri, 13 May 2022CA$8.6bCA$13.1b-CA$187,683,214.0012.4x-45.6x0.7x
Sun, 10 Apr 2022CA$8.6bCA$11.7b-CA$229,694,937.0012.4x-37.6x0.7x
Tue, 08 Mar 2022CA$8.1bCA$11.7bCA$45.7m11.4x176.5x0.7x
Thu, 03 Feb 2022CA$8.0bCA$10.6bCA$171.9m11.5x46.4x0.8x
Sat, 01 Jan 2022CA$7.3bCA$10.6bCA$172.1m11.8x42.4x0.7x
Mon, 29 Nov 2021CA$7.4bCA$10.6bCA$184.3m10.5x40.4x0.7x
Wed, 27 Oct 2021CA$8.1bCA$9.1bCA$35.1m13.2x229.6x0.9x
Fri, 24 Sep 2021CA$6.3bCA$9.1bCA$35.1m11.3x179.7x0.7x
Sun, 22 Aug 2021CA$5.8bCA$9.1bCA$31.8m11.7x184x0.6x
Fri, 09 Jul 2021CA$6.1bCA$9.1bCA$31.8m12.5x192x0.7x
Price to Earnings Ratio

-13.3x


Total Market Cap: CA$5.7bTotal Earnings: -CA$429,905,996.00Total Revenue: CA$8.4bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Oil and Gas Services Industry Price to Earnings3Y Average 41.7x202220232024
Current Industry PE
  • Investors are pessimistic on the Canadian Oil and Gas Equipment and Services industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 8.5x which is lower than its 3-year average PE of 41.7x.
  • The industry is trading close to its 3-year average PS ratio of 0.58x.
Past Earnings Growth
  • Total earnings for the Oil and Gas Equipment and Services industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 40% per year.
  • This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.

Industry Comparison

How does Canadian Oil and Gas Services compare with similar industries?

CA Market2.53%
Energy1.92%
Energy Services-0.17%
Oil and Gas Services-0.21%
Oil and Gas Drilling0.017%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
CEU CES Energy SolutionsCA$5.904.1%
+CA$53.9m		139.8%PE8.9x
EFX EnerflexCA$8.394.2%
+CA$42.4m		-3.7%PS0.3x
TVK TerraVest IndustriesCA$74.012.5%
+CA$32.3m		164.6%PE28.3x
MCB McCoy GlobalCA$2.1713.0%
+CA$6.7m		36.5%PE9x
PSD Pulse SeismicCA$2.275.1%
+CA$5.7m		23.4%PE8x
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Latest News

CFW

CA$4.06

Calfrac Well Services

7D

-3.8%

1Y

-1.2%

NOA

CA$28.07

North American Construction Group

7D

-3.2%

1Y

7.5%

North American Construction Group (TSE:NOA) Has Announced A Dividend Of CA$0.10

May 05
North American Construction Group (TSE:NOA) Has Announced A Dividend Of CA$0.10

SES

CA$11.32

Secure Energy Services

7D

-2.9%

1Y

82.6%

We Believe Secure Energy Services' (TSE:SES) Earnings Are A Poor Guide For Its Profitability

May 03
We Believe Secure Energy Services' (TSE:SES) Earnings Are A Poor Guide For Its Profitability

MCB

CA$2.17

McCoy Global

7D

13.0%

1Y

36.5%

Why We Think Shareholders May Be Considering Bumping Up McCoy Global Inc.'s (TSE:MCB) CEO Compensation

May 03
Why We Think Shareholders May Be Considering Bumping Up McCoy Global Inc.'s (TSE:MCB) CEO Compensation

EFX

CA$8.39

Enerflex

7D

4.2%

1Y

-3.7%

QST

CA$0.58

Questor Technology

7D

-7.9%

1Y

-37.0%

CEU

CA$5.90

CES Energy Solutions

7D

4.1%

1Y

139.8%

Why The 21% Return On Capital At CES Energy Solutions (TSE:CEU) Should Have Your Attention

Apr 30
Why The 21% Return On Capital At CES Energy Solutions (TSE:CEU) Should Have Your Attention

PSD

CA$2.27

Pulse Seismic

7D

5.1%

1Y

23.4%

SHLE

CA$14.53

Source Energy Services

7D

-11.5%

1Y

186.6%

TVK

CA$74.01

TerraVest Industries

7D

2.5%

1Y

164.6%

HWO

CA$1.30

High Arctic Energy Services

7D

-3.0%

1Y

27.5%

TOT

CA$9.77

Total Energy Services

7D

0.9%

1Y

22.7%

STEP

CA$3.96

STEP Energy Services

7D

1.0%

1Y

25.7%

TCW

CA$4.08

Trican Well Service

7D

-2.4%

1Y

36.0%

BHCC

CA$0.02

Blue Horizon Global Capital

7D

33.3%

1Y

100.0%

CWC

CA$0.16

CWC Energy Services

7D

-8.6%

1Y

-41.8%