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Canadian (TSX) Energy Sector Analysis

UpdatedDec 19, 2024
DataAggregated Company Financials
Companies216
  • 7D-5.6%
  • 3M1.1%
  • 1Y12.9%
  • YTD11.7%

Over the last 7 days, the Energy industry has dropped 3.2%, driven by Imperial Oil declining 8.6%. Meanwhile, Kolibri Global Energy actually outperformed within the industry, gaining 16% in the last week. In the past year, the industry has gained 14%. Looking forward, earnings are forecast to grow by 4.7% annually.

Sector Valuation and Performance

Has the Canadian Energy Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 19 Dec 2024CA$679.5bCA$408.2bCA$46.2b10.1x14.7x1.7x
Sat, 16 Nov 2024CA$716.2bCA$408.1bCA$47.1b10.5x15.2x1.8x
Mon, 14 Oct 2024CA$712.8bCA$405.7bCA$44.9b10.6x15.9x1.8x
Wed, 11 Sep 2024CA$648.3bCA$405.9bCA$45.0b10.2x14.4x1.6x
Fri, 09 Aug 2024CA$651.5bCA$405.1bCA$45.9b10x14.2x1.6x
Sun, 07 Jul 2024CA$659.3bCA$394.4bCA$45.2b11x14.6x1.7x
Tue, 04 Jun 2024CA$691.5bCA$394.4bCA$45.2b10.7x15.3x1.8x
Thu, 02 May 2024CA$676.0bCA$398.6bCA$50.4b8.9x13.4x1.7x
Sat, 30 Mar 2024CA$664.9bCA$395.4bCA$50.0b9.8x13.3x1.7x
Mon, 26 Feb 2024CA$613.2bCA$394.8bCA$50.9b7.8x12x1.6x
Wed, 24 Jan 2024CA$605.6bCA$414.4bCA$48.9b6.7x12.4x1.5x
Fri, 22 Dec 2023CA$607.0bCA$414.1bCA$48.9b6.6x12.4x1.5x
Sun, 19 Nov 2023CA$622.4bCA$415.3bCA$49.1b6.8x12.7x1.5x
Tue, 17 Oct 2023CA$645.8bCA$428.4bCA$56.8b6.7x11.4x1.5x
Thu, 14 Sep 2023CA$638.0bCA$428.3bCA$56.8b6.7x11.2x1.5x
Sat, 12 Aug 2023CA$617.0bCA$432.4bCA$58.6b6.5x10.5x1.4x
Mon, 10 Jul 2023CA$568.5bCA$463.1bCA$68.6b5.6x8.3x1.2x
Wed, 07 Jun 2023CA$575.3bCA$463.4bCA$68.7b5x8.4x1.2x
Fri, 05 May 2023CA$562.0bCA$469.0bCA$69.3b5.1x8.1x1.2x
Sun, 02 Apr 2023CA$576.4bCA$474.1bCA$70.7b5.2x8.2x1.2x
Tue, 28 Feb 2023CA$603.3bCA$467.0bCA$73.3b5.6x8.2x1.3x
Thu, 26 Jan 2023CA$619.9bCA$459.2bCA$75.0b5.9x8.3x1.3x
Sat, 24 Dec 2022CA$608.8bCA$459.6bCA$75.1b6x8.1x1.3x
Mon, 21 Nov 2022CA$646.9bCA$459.1bCA$74.7b6.3x8.7x1.4x
Wed, 19 Oct 2022CA$597.9bCA$426.1bCA$64.9b6.9x9.2x1.4x
Fri, 16 Sep 2022CA$617.3bCA$424.9bCA$64.6b6.9x9.6x1.5x
Sun, 14 Aug 2022CA$612.4bCA$424.0bCA$64.3b7.1x9.5x1.4x
Tue, 12 Jul 2022CA$580.9bCA$369.3bCA$52.3b8.3x11.1x1.6x
Thu, 09 Jun 2022CA$723.2bCA$368.6bCA$52.3b11.2x13.8x2x
Sat, 07 May 2022CA$665.4bCA$357.0bCA$48.9b9.9x13.6x1.9x
Mon, 04 Apr 2022CA$632.9bCA$326.3bCA$41.8b9.8x15.1x1.9x
Wed, 02 Mar 2022CA$592.3bCA$313.8bCA$38.2b10.3x15.5x1.9x
Fri, 28 Jan 2022CA$540.3bCA$282.2bCA$28.9b9.1x18.7x1.9x
Sun, 26 Dec 2021CA$484.1bCA$282.2bCA$28.9b8.8x16.7x1.7x
Price to Earnings Ratio

16.7x


Total Market Cap: CA$484.1bTotal Earnings: CA$28.9bTotal Revenue: CA$282.2bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Energy Sector Price to Earnings3Y Average 15.8x202220232024
Current Industry PE
  • Investors are relatively neutral on the Canadian Energy industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PE ratio of 15.8x.
  • 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 17% per year over the last three years.
  • Revenues for these companies have grown 13% 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-4.12%
Energy-5.65%
Energy Services-5.19%
Oil and Gas-5.66%
Industry PE
  • Investors are most optimistic about the Oil and Gas industry, which is trading close to its 3-year average PE ratio of 15.9x.
    • Analysts are expecting annual earnings growth of 4.4%, which is higher than its past year's earnings decline of 20.2% 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 Energy Services industry, expecting annual earnings growth of 23% over the next 5 years.
  • This is better than its past earnings decline of 12% per year.
  • In contrast, the Oil and Gas industry is expected to see its earnings grow by 4.4% per year over the next few years.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
KEI Kolibri Global EnergyCA$7.5912.4%
+CA$29.9m		51.8%PE10.9x
SNM ShaMaran PetroleumCA$0.129.5%
+CA$28.4m		187.5%PE3.1x
ALV Alvopetro EnergyCA$5.053.7%
+CA$6.6m		-25.2%PE8.7x
CTH CoTec HoldingsCA$0.6613.8%
+CA$5.7m		1.5%PS3.7x
EOG Eco (Atlantic) Oil & GasCA$0.207.9%
+CA$5.6m		20.6%PB1.9x
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ALV

CA$5.05

Alvopetro Energy

7D

3.7%

1Y

-25.2%

SNM

CA$0.12

ShaMaran Petroleum

7D

9.5%

1Y

187.5%

CTH

CA$0.66

CoTec Holdings

7D

13.8%

1Y

1.5%

CVE

CA$20.92

Cenovus Energy

7D

-3.6%

1Y

-5.3%

SU

CA$50.32

Suncor Energy

7D

-6.9%

1Y

18.5%

KEI

CA$7.59

Kolibri Global Energy

7D

12.4%

1Y

51.8%

TRP

CA$65.12

TC Energy

7D

-2.8%

1Y

24.3%

IMO

CA$92.60

Imperial Oil

7D

-11.0%

1Y

23.7%

ENB

CA$58.49

Enbridge

7D

-2.5%

1Y

23.7%

PPL

CA$51.81

Pembina Pipeline

7D

-6.1%

1Y

15.1%

CCO

CA$74.99

Cameco

7D

-8.4%

1Y

31.5%

CNQ

CA$42.84

Canadian Natural Resources

7D

-7.0%

1Y

0.5%

WMK

CA$0.16

Whitemud Resources

7D

6.7%

1Y

10.3%

GIII

CA$0.34

ReGen III

7D

8.7%

1Y

15.0%

WRG

CA$2.63

Western Energy Services

7D

5.2%

1Y

-0.4%

EOG

CA$0.20

Eco (Atlantic) Oil & Gas

7D

7.9%

1Y

20.6%