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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?

DateMarket CapRevenueEarningsPE
Sat, 27 Nov 2021CA$516.8bCA$284.8bCA$29.7b9.7x
Mon, 25 Oct 2021CA$512.2bCA$247.8bCA$18.7b11.8x
Wed, 22 Sep 2021CA$444.8bCA$248.2bCA$18.6b9.3x
Fri, 20 Aug 2021CA$398.9bCA$245.1bCA$18.3b8.9x
Fri, 04 Jun 2021CA$422.9bCA$207.7bCA$1.4b10.5x
Mon, 08 Mar 2021CA$358.6bCA$196.5b-CA$26,247,579,134.1110.9x
Thu, 10 Dec 2020CA$305.1bCA$211.3b-CA$30,426,821,436.8216.3x
Wed, 02 Sep 2020CA$301.5bCA$228.7b-CA$25,500,391,663.7213.1x
Sat, 06 Jun 2020CA$307.4bCA$265.7b-CA$6,189,072,763.129.6x
Tue, 10 Mar 2020CA$390.2bCA$273.1bCA$22.6b11.8x
Mon, 02 Dec 2019CA$410.7bCA$266.0bCA$24.5b11.9x
Thu, 05 Sep 2019CA$392.9bCA$269.3bCA$25.8b10.6x
Sun, 09 Jun 2019CA$426.2bCA$265.2bCA$14.8b15.8x
Sat, 02 Mar 2019CA$437.3bCA$262.4bCA$11.8b17.6x
Tue, 04 Dec 2018CA$397.0bCA$264.9bCA$12.9b16x
PE Ratio

16x

Total Market Cap: CA$397.0bTotal Earnings: CA$12.9bTotal Revenue: CA$264.9b0%0%0%3 Year10 Year
201920202021

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?

Company7D1YValuation
CNQ Canadian Natural Resources2.7%+CA$1.6b67.2%PE10.5x
TRP TC Energy1.1%+CA$656.1m2.7%PE32.7x
CVE Cenovus Energy1.8%+CA$544.8m124.3%PE38.6x
SU Suncor Energy0.5%+CA$218.3m42.0%PE19.3x
TOU Tourmaline Oil0.8%+CA$115.5m138.1%PE8.8x
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Latest News

CCO

CA$30.96

Cameco

7D

-3.3%

1Y

134.0%

ERF

CA$12.42

Enerplus

7D

2.8%

1Y

246.0%

KEY

CA$28.68

Keyera

7D

-3.3%

1Y

22.3%

ENB

CA$49.79

Enbridge

7D

-1.0%

1Y

19.4%

OVV

CA$43.95

Ovintiv

7D

0.8%

1Y

142.6%