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May 08
Canadian (TSX) Oil and Gas Exploration and Production Industry Analysis
UpdatedMay 08, 2024
DataAggregated Company Financials
Companies128
- 7D0.4%
- 3M26.0%
- 1Y23.6%
- YTDn/a
The Oil and Gas Exploration and Production industry has stayed flat over the last week. As for the the longer term, the industry is up 24% over the past 12 months. Looking forward, earnings are forecast to grow by 12% annually.
Industry Valuation and Performance
Has the Canadian Oil and Gas Exploration and Production Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 08 May 2024 | CA$245.2b | CA$90.8b | CA$18.1b | 9.3x | 13.5x | 2.7x |
| Fri, 05 Apr 2024 | CA$247.2b | CA$91.3b | CA$19.7b | 9.2x | 12.6x | 2.7x |
| Sun, 03 Mar 2024 | CA$226.2b | CA$88.5b | CA$20.6b | 7.5x | 11x | 2.6x |
| Tue, 30 Jan 2024 | CA$223.4b | CA$105.7b | CA$24.9b | 5.8x | 9x | 2.1x |
| Thu, 28 Dec 2023 | CA$226.0b | CA$105.4b | CA$24.8b | 5.6x | 9.1x | 2.1x |
| Sat, 25 Nov 2023 | CA$236.1b | CA$106.2b | CA$24.9b | 6.3x | 9.5x | 2.2x |
| Mon, 23 Oct 2023 | CA$249.9b | CA$110.5b | CA$31.7b | 6x | 7.9x | 2.3x |
| Wed, 20 Sep 2023 | CA$236.4b | CA$110.0b | CA$31.6b | 5.9x | 7.5x | 2.1x |
| Fri, 18 Aug 2023 | CA$225.4b | CA$110.6b | CA$31.6b | 5.5x | 7.1x | 2x |
| Sun, 16 Jul 2023 | CA$209.8b | CA$121.9b | CA$38.8b | 4.1x | 5.4x | 1.7x |
| Tue, 13 Jun 2023 | CA$199.6b | CA$122.2b | CA$38.9b | 3.9x | 5.1x | 1.6x |
| Thu, 11 May 2023 | CA$200.8b | CA$124.9b | CA$39.7b | 3.8x | 5.1x | 1.6x |
| Sat, 08 Apr 2023 | CA$210.3b | CA$126.5b | CA$40.4b | 3.8x | 5.2x | 1.7x |
| Mon, 06 Mar 2023 | CA$219.8b | CA$124.6b | CA$41.0b | 4x | 5.4x | 1.8x |
| Wed, 01 Feb 2023 | CA$221.7b | CA$123.3b | CA$43.0b | 4.2x | 5.2x | 1.8x |
| Fri, 30 Dec 2022 | CA$217.6b | CA$123.8b | CA$43.1b | 3.9x | 5.1x | 1.8x |
| Sun, 27 Nov 2022 | CA$234.2b | CA$123.4b | CA$43.0b | 4.4x | 5.4x | 1.9x |
| Tue, 25 Oct 2022 | CA$229.6b | CA$114.2b | CA$35.9b | 4.9x | 6.4x | 2x |
| Thu, 22 Sep 2022 | CA$212.1b | CA$113.6b | CA$35.8b | 4.8x | 5.9x | 1.9x |
| Sat, 20 Aug 2022 | CA$218.5b | CA$112.6b | CA$35.4b | 5.1x | 6.2x | 1.9x |
| Mon, 18 Jul 2022 | CA$189.2b | CA$96.8b | CA$30.5b | 5.4x | 6.2x | 2x |
| Wed, 15 Jun 2022 | CA$240.5b | CA$96.7b | CA$30.6b | 7.7x | 7.9x | 2.5x |
| Fri, 13 May 2022 | CA$213.9b | CA$92.6b | CA$28.7b | 6.1x | 7.4x | 2.3x |
| Sun, 10 Apr 2022 | CA$223.7b | CA$82.6b | CA$26.3b | 6.2x | 8.5x | 2.7x |
| Tue, 08 Mar 2022 | CA$207.9b | CA$81.2b | CA$26.0b | 5.7x | 8x | 2.6x |
| Thu, 03 Feb 2022 | CA$188.6b | CA$69.5b | CA$17.9b | 5.8x | 10.6x | 2.7x |
| Sat, 01 Jan 2022 | CA$152.3b | CA$69.3b | CA$17.9b | 5.4x | 8.5x | 2.2x |
| Mon, 29 Nov 2021 | CA$148.9b | CA$69.4b | CA$18.2b | 6x | 8.2x | 2.1x |
| Wed, 27 Oct 2021 | CA$153.0b | CA$58.0b | CA$9.8b | 10.7x | 15.6x | 2.6x |
| Fri, 24 Sep 2021 | CA$126.9b | CA$58.3b | CA$9.7b | 7.6x | 13x | 2.2x |
| Sun, 22 Aug 2021 | CA$106.2b | CA$58.0b | CA$9.8b | 6.8x | 10.8x | 1.8x |
| Fri, 09 Jul 2021 | CA$126.7b | CA$58.0b | CA$9.8b | 8.1x | 12.9x | 2.2x |
Price to Earnings Ratio
-26x
Current Industry PE
- Investors are optimistic on the Canadian Oil and Gas Exploration and Production industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 13.5x which is higher than its 3-year average PE of 7.2x.
- The 3-year average PS ratio of 2.1x is lower than the industry's current PS ratio of 2.7x.
Past Earnings Growth
- Total earnings for the Oil and Gas Exploration and Production industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 25% 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 Exploration and Production compare with similar industries?
| CA Market | 2.53% | |
| Energy | 1.92% | |
| Oil and Gas | 1.97% | |
| Oil and Gas Exploration and Production | 0.39% | |
| Coal and Fuels | 11.89% | |
| Oil and Gas Storage and Transportation | 3.10% | |
| Integrated Oil and Gas | 0.75% | |
| Oil and Gas Refining and Marketing | -4.19% | |
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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| CNQ Canadian Natural Resources | CA$105.96 | 2.9% +CA$2.7b | 40.0% | PE15.3x | |
| ARX ARC Resources | CA$25.72 | 5.3% +CA$771.0m | 51.0% | PE9.6x | |
| POU Paramount Resources | CA$32.79 | 7.6% +CA$356.4m | 6.8% | PE14x | |
| BTE Baytex Energy | CA$5.10 | 5.4% +CA$213.5m | 15.1% | PS1.5x | |
| TOU Tourmaline Oil | CA$66.38 | 0.9% +CA$207.5m | 18.7% | PE13.5x |
