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Canadian (TSX) Energy Services Industry Analysis

UpdatedNov 28, 2021
DataAggregated Company Financials
Companies30
  • 7D-1.2%
  • 3M17.6%
  • 1Y53.1%
  • YTD57.9%

Over the last 7 days, the Energy Services industry has dropped 1.2%, driven by a decline by Enerflex of 5.8%. Meanwhile, Calfrac Well Services actually outperformed within the industry, gaining 18% in the last week. This takes the industry's 12 month performance to a gain of 53%.

Industry Valuation and Performance

Has the Canadian Energy Services Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPE
Tue, 30 Nov 2021CA$8.6bCA$13.0b-CA$193,784,873.0012.3x
Thu, 28 Oct 2021CA$9.3bCA$11.3b-CA$359,964,515.0013.6x
Sat, 25 Sep 2021CA$7.9bCA$11.2b-CA$350,199,515.0012.6x
Mon, 23 Aug 2021CA$7.1bCA$11.2b-CA$353,548,483.0012.2x
Sat, 10 Jul 2021CA$7.5bCA$11.2b-CA$353,548,483.0013.1x
Fri, 02 Apr 2021CA$6.3bCA$10.4b-CA$758,944,797.0018.2x
Mon, 04 Jan 2021CA$5.1bCA$11.3b-CA$1,710,238,504.009.1x
Thu, 08 Oct 2020CA$3.6bCA$11.8b-CA$1,350,990,707.0014.6x
Wed, 01 Jul 2020CA$4.0bCA$13.7b-CA$1,284,329,570.0010.1x
Sat, 04 Apr 2020CA$3.2bCA$17.7b-CA$1,462,175,672.008x
Tue, 07 Jan 2020CA$8.6bCA$18.5b-CA$387,466,420.0020.5x
Mon, 30 Sep 2019CA$8.9bCA$18.7b-CA$379,018,292.0015.4x
Thu, 04 Jul 2019CA$11.2bCA$18.9b-CA$154,081,194.0018.8x
Sun, 07 Apr 2019CA$12.5bCA$18.5b-CA$277,647,437.0019.8x
Wed, 09 Jan 2019CA$10.9bCA$17.9b-CA$283,144,070.0017.6x
PE Ratio

16.6x

Total Market Cap: CA$11.9bTotal Earnings: -CA$3,755,716.00Total Revenue: CA$17.6b0%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 14.5x. It appears they believe that earnings will grow in-line with historical growth rates.

Past Earnings Growth: The earnings for companies in the Energy Services industry have deteriorated over the last three years, and revenues have also declined 9.7% per year. This means overall sales from these companies are declining and losses are subsequently expanding as well.

Industry Trends

Which industries have driven the changes within the Canadian Energy Services industry?

Oil and Gas Drilling-0.69%
Oil and Gas Services-1.31%

Industry PE: Investors are most optimistic about the Oil and Gas Drilling industry even though it's trading below its 3-year average PE ratio of 65.6x. This is likely because analysts are expecting annual earnings growth of 71% and investors are willing to pay a premium for that growth. Meanwhile, investors are most pessimistic about the Oil and Gas Services industry, which is trading below its 3-year average of 14.0x.

Forecasted Growth: Analysts are most optimistic on the Oil and Gas Drilling industry, expecting annual earnings growth of 71% over the next 5 years. Meanwhile, the Oil and Gas Services industry is expected to see its earnings grow by 66% per year over the next few years.

Top Stock Gainers and Losers

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

Company7D1YValuation
CFW Calfrac Well Services17.5%+CA$29.0m-64.3%PE2.7x
PHX PHX Energy Services5.2%+CA$10.7m131.1%PE13.5x
SES Secure Energy Services0.6%+CA$9.2m146.5%PS0.6x
SCL Shawcor1.9%+CA$6.3m50.3%PE9.8x
TVK TerraVest Industries0.7%+CA$3.8m82.4%PE13.3x
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Latest News

EFX

CA$7.64

Enerflex

7D

-5.8%

1Y

11.0%

SCL

CA$4.84

Shawcor

7D

1.9%

1Y

50.3%