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Canadian (TSX) Energy Sector Analysis

UpdatedMay 31, 2025
DataAggregated Company Financials
Companies211
  • 7D-0.6%
  • 3M0.3%
  • 1Y-2.7%
  • YTD-3.4%

Over the last 7 days, the Energy industry has risen 1.4%, driven by gains from Enbridge of 1.0%. Despite this gain, the industry's performance has been flat over the past year. Looking forward, earnings are forecast to grow by 6.4% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 31 May 2025CA$680.7bCA$414.2bCA$43.9b11.5x15.5x1.6x
Mon, 28 Apr 2025CA$653.9bCA$406.5bCA$39.8b10.1x16.4x1.6x
Wed, 26 Mar 2025CA$700.7bCA$407.4bCA$39.2b12.9x17.9x1.7x
Fri, 21 Feb 2025CA$685.5bCA$408.0bCA$40.9b11.1x16.8x1.7x
Sun, 19 Jan 2025CA$714.8bCA$408.2bCA$46.2b10.8x15.5x1.8x
Tue, 17 Dec 2024CA$690.5bCA$408.1bCA$46.2b10.4x14.9x1.7x
Thu, 14 Nov 2024CA$699.6bCA$407.8bCA$46.8b10.6x14.9x1.7x
Sat, 12 Oct 2024CA$709.2bCA$405.7bCA$44.9b10.6x15.8x1.7x
Mon, 09 Sep 2024CA$646.7bCA$405.9bCA$45.0b10.3x14.4x1.6x
Wed, 07 Aug 2024CA$650.1bCA$403.6bCA$46.2b10x14.1x1.6x
Fri, 05 Jul 2024CA$669.6bCA$394.3bCA$45.2b11.2x14.8x1.7x
Sun, 02 Jun 2024CA$691.5bCA$394.4bCA$45.2b11.4x15.3x1.8x
Tue, 30 Apr 2024CA$689.1bCA$396.6bCA$50.0b9.4x13.8x1.7x
Thu, 28 Mar 2024CA$660.3bCA$395.5bCA$50.0b9.2x13.2x1.7x
Sat, 24 Feb 2024CA$630.1bCA$410.0bCA$53.9b7.5x11.7x1.5x
Mon, 22 Jan 2024CA$605.7bCA$414.3bCA$48.9b6.7x12.4x1.5x
Wed, 20 Dec 2023CA$613.3bCA$414.2bCA$48.9b6.5x12.5x1.5x
Fri, 17 Nov 2023CA$622.8bCA$415.4bCA$49.1b6.9x12.7x1.5x
Sun, 15 Oct 2023CA$643.5bCA$428.5bCA$56.8b6.5x11.3x1.5x
Tue, 12 Sep 2023CA$628.0bCA$428.4bCA$56.8b6.9x11.1x1.5x
Thu, 10 Aug 2023CA$612.1bCA$433.3bCA$59.2b6.8x10.3x1.4x
Sat, 08 Jul 2023CA$568.5bCA$463.1bCA$68.6b5.6x8.3x1.2x
Mon, 05 Jun 2023CA$573.1bCA$463.4bCA$68.7b5x8.3x1.2x
Wed, 03 May 2023CA$571.5bCA$470.7bCA$70.3b5.3x8.1x1.2x
Fri, 31 Mar 2023CA$573.8bCA$473.8bCA$70.7b5.4x8.1x1.2x
Sun, 26 Feb 2023CA$600.6bCA$466.7bCA$73.5b5.5x8.2x1.3x
Tue, 24 Jan 2023CA$631.9bCA$459.2bCA$75.0b6.1x8.4x1.4x
Thu, 22 Dec 2022CA$603.1bCA$459.6bCA$75.1b5.8x8x1.3x
Sat, 19 Nov 2022CA$646.9bCA$459.1bCA$74.7b6.3x8.7x1.4x
Mon, 17 Oct 2022CA$590.1bCA$426.2bCA$64.9b6.7x9.1x1.4x
Wed, 14 Sep 2022CA$622.9bCA$424.5bCA$64.5b7x9.7x1.5x
Fri, 12 Aug 2022CA$611.6bCA$422.0bCA$64.4b6.6x9.5x1.4x
Sun, 10 Jul 2022CA$586.4bCA$369.2bCA$52.3b8.4x11.2x1.6x
Tue, 07 Jun 2022CA$708.8bCA$368.6bCA$52.3b10.7x13.6x1.9x
Price to Earnings Ratio

13.6x


Total Market Cap: CA$708.8bTotal Earnings: CA$52.3bTotal Revenue: CA$368.6bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Energy Sector Price to Earnings3Y Average 15.9x202320242025
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 15.9x.
  • The 3-year average PS ratio of 2.0x is higher than the industry's current PS ratio of 1.6x.
Past Earnings Growth
  • The earnings for companies in the Energy industry have declined 5.7% per year over the last three years.
  • Meanwhile revenues for these companies have grown 4.0% per year.
  • This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Industry Trends

Which industries have driven the changes within the Canadian Energy sector?

CA Market0.93%
Energy-0.63%
Energy Services2.00%
Oil and Gas-0.68%
Industry PE
  • Investors are most optimistic about the Oil and Gas industry, which is trading close to its 3-year average PE ratio of 16.0x.
    • Analysts are expecting annual earnings growth of 6.2%, which is higher than its past year's earnings growth of 2.9% 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 of 6.2x.
Forecasted Growth
  • Analysts are most optimistic on the Energy Services industry, expecting annual earnings growth of 21% over the next 5 years.
  • This is better than its past earnings decline of 9.2% per year.
  • In contrast, the Oil and Gas industry is expected to see its earnings grow by 6.2% 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
ENB EnbridgeCA$63.871.0%
+CA$1.3b		28.2%PE23.6x
TRP TC EnergyCA$69.540.4%
+CA$322.4m		32.3%PE17.3x
TVK TerraVest IndustriesCA$169.254.5%
+CA$156.2m		127.8%PE45.1x
PKI ParklandCA$38.741.2%
+CA$80.2m		-1.5%PE34.5x
SCR Strathcona ResourcesCA$29.101.2%
+CA$75.0m		-20.7%PE8.8x
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CA$18.08

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SOBO

CA$35.57

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4.4%

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CA$15.32

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5.6%

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35.6%

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CA$41.67

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-2.2%

1Y

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ENB

CA$63.87

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7D

1.0%

1Y

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TRP

CA$69.54

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7D

0.4%

1Y

32.3%

PKI

CA$38.74

Parkland

7D

1.2%

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