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Canadian (TSX) Energy Sector Analysis
UpdatedNov 27, 2021
DataAggregated Company Financials
Companies205
- 7D-0.5%
- 3M15.4%
- 1Y47.2%
- YTD50.0%
Over the last 7 days, the Energy industry has remained flat, although notably Pembina Pipeline declined by 6.9%. The past year has been better, since the industry has gained 47% in that time.
Sector Valuation and Performance
Has the Canadian Energy Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE |
|---|---|---|---|---|
| Sat, 27 Nov 2021 | CA$516.8b | CA$284.8b | CA$29.7b | 9.7x |
| Mon, 25 Oct 2021 | CA$512.2b | CA$247.8b | CA$18.7b | 11.8x |
| Wed, 22 Sep 2021 | CA$444.8b | CA$248.2b | CA$18.6b | 9.3x |
| Fri, 20 Aug 2021 | CA$398.9b | CA$245.1b | CA$18.3b | 8.9x |
| Fri, 04 Jun 2021 | CA$422.9b | CA$207.7b | CA$1.4b | 10.5x |
| Mon, 08 Mar 2021 | CA$358.6b | CA$196.5b | -CA$26,247,579,134.11 | 10.9x |
| Thu, 10 Dec 2020 | CA$305.1b | CA$211.3b | -CA$30,426,821,436.82 | 16.3x |
| Wed, 02 Sep 2020 | CA$301.5b | CA$228.7b | -CA$25,500,391,663.72 | 13.1x |
| Sat, 06 Jun 2020 | CA$307.4b | CA$265.7b | -CA$6,189,072,763.12 | 9.6x |
| Tue, 10 Mar 2020 | CA$390.2b | CA$273.1b | CA$22.6b | 11.8x |
| Mon, 02 Dec 2019 | CA$410.7b | CA$266.0b | CA$24.5b | 11.9x |
| Thu, 05 Sep 2019 | CA$392.9b | CA$269.3b | CA$25.8b | 10.6x |
| Sun, 09 Jun 2019 | CA$426.2b | CA$265.2b | CA$14.8b | 15.8x |
| Sat, 02 Mar 2019 | CA$437.3b | CA$262.4b | CA$11.8b | 17.6x |
| Tue, 04 Dec 2018 | CA$397.0b | CA$264.9b | CA$12.9b | 16x |
PE Ratio
16x
Current Industry PE: Investors are relatively neutral on the industry at the moment, considering it's trading close to its 3-year average PE ratio of 12.3x. It appears they believe that earnings will grow in-line with historical growth rates.
Past Earnings Growth: The earnings for companies in the Energy industry have grown 32% per year over the last three years, and revenues for these companies have grown 2.4% 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?
| Oil and Gas | -0.53% | |
| Energy Services | -0.60% | |
Industry PE: Investors are most optimistic about the Energy Services industry even though it's trading below its 3-year average PE ratio of 14.6x. This is likely because analysts are expecting annual earnings growth of 67%, which is higher than its past year's earnings decline of 2.7% per year. Meanwhile, investors are most pessimistic about the Oil and Gas industry, which is trading below its 3-year average of 11.9x.
Forecasted Growth: Analysts are most optimistic on the Energy Services industry, expecting annual earnings growth of 67% over the next 5 years. This is better than its past earnings decline of 2.7% per year. Meanwhile, the Oil and Gas industry is expected to see its earnings grow by 14% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | 7D | 1Y | Valuation | |
|---|---|---|---|---|
| CNQ Canadian Natural Resources | 2.7%+CA$1.6b | 67.2% | PE10.5x | |
| TRP TC Energy | 1.1%+CA$656.1m | 2.7% | PE32.7x | |
| CVE Cenovus Energy | 1.8%+CA$544.8m | 124.3% | PE38.6x | |
| SU Suncor Energy | 0.5%+CA$218.3m | 42.0% | PE19.3x | |
| TOU Tourmaline Oil | 0.8%+CA$115.5m | 138.1% | PE8.8x |