Investors Interested In Ur-Energy Inc.'s (TSE:URE) Revenues
May 02
Canadian (TSX) Energy Sector Analysis
UpdatedMay 02, 2024
DataAggregated Company Financials
Companies214
- 7D-2.2%
- 3M11.1%
- 1Y18.7%
- YTD12.2%
The Energy industry is down 2.2% over the last week with Canadian Natural Resources the worst performer, down 2.3%. This takes the industry's 12 month performance to a gain of 19%. Earnings are forecast to grow by 5.2% annually.
Sector Valuation and Performance
Has the Canadian Energy Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 02 May 2024 | CA$676.0b | CA$398.6b | CA$50.4b | 8.9x | 13.4x | 1.7x |
| Sat, 30 Mar 2024 | CA$664.9b | CA$395.4b | CA$50.0b | 9.8x | 13.3x | 1.7x |
| Mon, 26 Feb 2024 | CA$613.2b | CA$394.8b | CA$50.9b | 7.8x | 12x | 1.6x |
| Wed, 24 Jan 2024 | CA$605.6b | CA$414.4b | CA$48.9b | 6.7x | 12.4x | 1.5x |
| Fri, 22 Dec 2023 | CA$607.0b | CA$414.1b | CA$48.9b | 6.6x | 12.4x | 1.5x |
| Sun, 19 Nov 2023 | CA$622.4b | CA$415.3b | CA$49.1b | 6.8x | 12.7x | 1.5x |
| Tue, 17 Oct 2023 | CA$645.8b | CA$428.4b | CA$56.8b | 6.7x | 11.4x | 1.5x |
| Thu, 14 Sep 2023 | CA$638.0b | CA$428.3b | CA$56.8b | 6.7x | 11.2x | 1.5x |
| Sat, 12 Aug 2023 | CA$617.0b | CA$432.4b | CA$58.6b | 6.5x | 10.5x | 1.4x |
| Mon, 10 Jul 2023 | CA$568.5b | CA$463.1b | CA$68.6b | 5.6x | 8.3x | 1.2x |
| Wed, 07 Jun 2023 | CA$575.3b | CA$463.4b | CA$68.7b | 5x | 8.4x | 1.2x |
| Fri, 05 May 2023 | CA$562.0b | CA$469.0b | CA$69.3b | 5.1x | 8.1x | 1.2x |
| Sun, 02 Apr 2023 | CA$576.4b | CA$474.1b | CA$70.7b | 5.2x | 8.2x | 1.2x |
| Tue, 28 Feb 2023 | CA$603.3b | CA$467.0b | CA$73.3b | 5.6x | 8.2x | 1.3x |
| Thu, 26 Jan 2023 | CA$619.9b | CA$459.2b | CA$75.0b | 5.9x | 8.3x | 1.3x |
| Sat, 24 Dec 2022 | CA$608.8b | CA$459.6b | CA$75.1b | 6x | 8.1x | 1.3x |
| Mon, 21 Nov 2022 | CA$646.9b | CA$459.1b | CA$74.7b | 6.3x | 8.7x | 1.4x |
| Wed, 19 Oct 2022 | CA$597.9b | CA$426.1b | CA$64.9b | 6.9x | 9.2x | 1.4x |
| Fri, 16 Sep 2022 | CA$617.3b | CA$424.9b | CA$64.6b | 6.9x | 9.6x | 1.5x |
| Sun, 14 Aug 2022 | CA$612.4b | CA$424.0b | CA$64.3b | 7.1x | 9.5x | 1.4x |
| Tue, 12 Jul 2022 | CA$580.9b | CA$369.3b | CA$52.3b | 8.3x | 11.1x | 1.6x |
| Thu, 09 Jun 2022 | CA$723.2b | CA$368.6b | CA$52.3b | 11.2x | 13.8x | 2x |
| Sat, 07 May 2022 | CA$665.4b | CA$357.0b | CA$48.9b | 9.9x | 13.6x | 1.9x |
| Mon, 04 Apr 2022 | CA$632.9b | CA$326.3b | CA$41.8b | 9.8x | 15.1x | 1.9x |
| Wed, 02 Mar 2022 | CA$592.3b | CA$313.8b | CA$38.2b | 10.3x | 15.5x | 1.9x |
| Fri, 28 Jan 2022 | CA$540.3b | CA$282.2b | CA$28.9b | 9.1x | 18.7x | 1.9x |
| Sun, 26 Dec 2021 | CA$484.1b | CA$282.2b | CA$28.9b | 8.8x | 16.7x | 1.7x |
| Tue, 23 Nov 2021 | CA$498.5b | CA$284.6b | CA$29.6b | 10x | 16.8x | 1.8x |
| Thu, 21 Oct 2021 | CA$514.9b | CA$247.7b | CA$18.7b | 12.1x | 27.6x | 2.1x |
| Sat, 18 Sep 2021 | CA$452.6b | CA$248.1b | CA$18.6b | 10.5x | 24.3x | 1.8x |
| Mon, 16 Aug 2021 | CA$411.9b | CA$245.1b | CA$18.3b | 9.5x | 22.6x | 1.7x |
| Mon, 31 May 2021 | CA$422.9b | CA$207.7b | CA$1.4b | 10.5x | 303.2x | 2x |
Price to Earnings Ratio
287.4x
Current Industry PE
- Investors are pessimistic on the Canadian Energy 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 13.4x which is lower than its 3-year average PE of 25.2x.
- The 3-year average PS ratio of 2.0x is higher than the industry's current PS ratio of 1.7x.
Past Earnings Growth
- The earnings for companies in the Energy industry have grown 230% per year over the last three years.
- Revenues for these companies have grown 24% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Trends
Which industries have driven the changes within the Canadian Energy sector?
| CA Market | -0.54% | |
| Energy | -2.21% | |
| Energy Services | 0.61% | |
| Oil and Gas | -2.27% | |
Industry PE
- Investors are most optimistic about the Oil and Gas industry even though it's trading below its 3-year average PE ratio of 22.0x.
- Analysts are expecting annual earnings growth of 5.3%, which is higher than its past year's earnings decline of 37.9% per year.
- Investors are most pessimistic about the Energy Services industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average.
Forecasted Growth
- Analysts are most optimistic on the Oil and Gas industry, expecting annual earnings growth of 5.3% over the next 5 years.
- This is better than its past earnings decline of 38% per year.
- In contrast, the Energy Services industry is expected to see its earnings growth to stay flat over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| ENB Enbridge | CA$48.99 | 0.3% +CA$276.3m | -7.5% | PE17.8x | |
| SES Secure Energy Services | CA$11.51 | 4.0% +CA$121.8m | 91.2% | PE5.7x | |
| DML Denison Mines | CA$2.82 | 4.4% +CA$107.0m | 101.4% | PE28.1x | |
| EU enCore Energy | CA$6.42 | 7.2% +CA$78.0m | 130.1% | PB2.9x | |
| URE Ur-Energy | CA$2.46 | 11.8% +CA$73.2m | 112.1% | PS28.5x |
