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Canadian (TSX) Energy Sector Analysis

UpdatedDec 06, 2022
DataAggregated Company Financials
Companies217
  • 7D-3.5%
  • 3M3.2%
  • 1Y31.7%
  • YTD26.1%

Over the last 7 days, the Energy industry has dropped 3.5%, and Suncor Energy contributed the most with a 9.9% decline. This takes the industry's 12 month performance to a gain of 32%. As for the next few years, earnings are forecast to decline by 2.3% per annum.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 07 Dec 2022CA$623.9bCA$459.4bCA$75.0b6.1x8.3x1.4x
Fri, 04 Nov 2022CA$646.2bCA$433.0bCA$65.5b7.2x9.9x1.5x
Sun, 02 Oct 2022CA$561.4bCA$426.0bCA$64.9b6.2x8.7x1.3x
Tue, 30 Aug 2022CA$647.9bCA$424.5bCA$64.5b7.5x10x1.5x
Thu, 28 Jul 2022CA$614.1bCA$369.4bCA$52.4b8.8x11.7x1.7x
Sat, 25 Jun 2022CA$581.1bCA$369.2bCA$52.4b8.3x11.1x1.6x
Mon, 23 May 2022CA$662.8bCA$368.8bCA$52.2b9.7x12.7x1.8x
Wed, 20 Apr 2022CA$658.8bCA$326.0bCA$41.9b10.4x15.7x2x
Fri, 18 Mar 2022CA$588.8bCA$326.1bCA$41.8b8.3x14.1x1.8x
Sun, 13 Feb 2022CA$576.9bCA$306.7bCA$33.0b9.5x17.5x1.9x
Tue, 11 Jan 2022CA$520.3bCA$282.0bCA$28.9b8.6x18x1.8x
Thu, 09 Dec 2021CA$488.8bCA$281.9bCA$28.9b9.4x16.9x1.7x
Sat, 06 Nov 2021CA$515.9bCA$272.7bCA$25.7b12.3x20.1x1.9x
Mon, 04 Oct 2021CA$475.4bCA$248.0bCA$18.6b11.2x25.5x1.9x
Wed, 01 Sep 2021CA$422.0bCA$245.1bCA$18.3b8.8x23.1x1.7x
Thu, 08 Jul 2021CA$449.7bCA$245.1bCA$18.3b9.6x24.6x1.8x
Wed, 31 Mar 2021CA$386.1bCA$207.7bCA$1.4b10.5x275.1x1.9x
Sat, 02 Jan 2021CA$309.5bCA$196.5b-CA$26,250,399,286.259.8x-11.8x1.6x
Tue, 06 Oct 2020CA$264.3bCA$211.2b-CA$30,434,730,216.1514.5x-8.7x1.3x
Fri, 10 Jul 2020CA$292.7bCA$228.7b-CA$25,501,516,894.2213.6x-11.5x1.3x
Thu, 02 Apr 2020CA$263.0bCA$265.7b-CA$6,193,412,913.457.2x-42.5x1x
Sun, 05 Jan 2020CA$435.3bCA$273.1bCA$22.6b12.9x19.3x1.6x
Price to Earnings Ratio

19.3x


Total Market Cap: CA$435.3bTotal Earnings: CA$22.6bTotal Revenue: CA$273.1bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Energy Sector Price to Earnings3Y Average 27.1x20212022
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 8.3x which is lower than its 3-year average PE of 27.1x.
  • The 3-year average PS ratio of 1.6x is higher than the industry's current PS ratio of 1.4x.
Past Earnings Growth
  • The earnings for companies in the Energy industry have grown 49% per year over the last three years.
  • Revenues for these companies have grown 19% 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 Market0.18%
Energy-3.50%
Energy Services1.09%
Oil and Gas-3.59%
Industry PE
  • Investors are most optimistic about the Energy Services industry which is trading above its 3-year average PE ratio.
    • Analysts are expecting annual earnings growth of 54.4%, which is higher than its past year's earnings growth of 21.9% per year.
  • Investors are most pessimistic about the Oil and Gas industry, which is trading below its 3-year average of 16.6x.
Forecasted Growth
  • Analysts are most optimistic on the Energy Services industry, expecting annual earnings growth of 54% over the next 5 years.
  • This is better than its past earnings growth rate of 22% per year.
  • In contrast, the Oil and Gas industry is expected to see its earnings decline by 3.5% 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
KEY KeyeraCA$31.335.5%
+CA$362.5m
12.9%PE13.8x
PKI ParklandCA$28.485.0%
+CA$216.3m
-16.7%PE19.1x
PPL Pembina PipelineCA$47.850.5%
+CA$142.9m
26.3%PE9.8x
SDE Spartan DeltaCA$15.105.9%
+CA$130.9m
171.6%PE3.6x
SCL ShawcorCA$12.9310.4%
+CA$86.0m
166.6%PS0.8x
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Latest News

PPL

CA$47.85

Pembina Pipeline

7D

0.5%

1Y

26.3%

CET

CA$1.29

Cathedral Energy Services

7D

15.2%

1Y

193.2%

ENB

CA$54.26

Enbridge

7D

-2.5%

1Y

12.3%

CNQ

CA$77.71

Canadian Natural Resources

7D

-2.5%

1Y

44.6%

TOU

CA$77.82

Tourmaline Oil

7D

-1.0%

1Y

92.8%

OVV

CA$70.00

Ovintiv

7D

-3.7%

1Y

64.4%

PKI

CA$28.48

Parkland

7D

5.0%

1Y

-16.7%

SDE

CA$15.10

Spartan Delta

7D

5.9%

1Y

171.6%

TRP

CA$57.74

TC Energy

7D

-11.7%

1Y

-2.0%

SU

CA$42.23

Suncor Energy

7D

-8.6%

1Y

35.8%

OYL

CA$1.18

CGX Energy

7D

21.6%

1Y

0.9%

SCL

CA$12.93

Shawcor

7D

10.4%

1Y

166.6%

CVE

CA$26.08

Cenovus Energy

7D

-1.3%

1Y

66.3%