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Canadian (TSX) Oil and Gas Drilling Industry Analysis

UpdatedMay 31, 2025
DataAggregated Company Financials
Companies8
  • 7D1.6%
  • 3M-16.3%
  • 1Y-28.7%
  • YTDn/a

Over the last 7 days, the Oil and Gas Drilling industry has remained flat, although notably Stampede Drilling gained 3.6%. As for the longer term, the industry has declined 29% in the last year. As for the next few years, earnings are expected to grow by 29% per annum.

Industry Valuation and Performance

Has the Canadian Oil and Gas Drilling Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 31 May 2025CA$1.9bCA$5.3bCA$218.4m6.3x8.7x0.4x
Mon, 28 Apr 2025CA$1.9bCA$5.3bCA$212.6m5.7x8.9x0.4x
Wed, 26 Mar 2025CA$2.1bCA$5.3bCA$200.7m5.9x10.7x0.4x
Fri, 21 Feb 2025CA$2.5bCA$5.3bCA$263.5m7.6x9.4x0.5x
Sun, 19 Jan 2025CA$2.8bCA$5.3bCA$395.4m5.6x7.1x0.5x
Tue, 17 Dec 2024CA$2.6bCA$5.3bCA$395.4m5.4x6.6x0.5x
Thu, 14 Nov 2024CA$2.7bCA$5.3bCA$397.2m5.4x6.7x0.5x
Sat, 12 Oct 2024CA$2.6bCA$5.3bCA$364.3m7.5x7.3x0.5x
Mon, 09 Sep 2024CA$2.6bCA$5.3bCA$364.3m7x7x0.5x
Wed, 07 Aug 2024CA$2.7bCA$5.3bCA$366.7m7.9x7.3x0.5x
Fri, 05 Jul 2024CA$2.6bCA$5.4bCA$394.0m5.3x6.7x0.5x
Sun, 02 Jun 2024CA$2.8bCA$5.4bCA$394.0m5.6x7x0.5x
Tue, 30 Apr 2024CA$2.7bCA$5.4bCA$399.4m5.6x6.9x0.5x
Thu, 28 Mar 2024CA$2.6bCA$5.5bCA$461.4m4.6x5.7x0.5x
Sat, 24 Feb 2024CA$2.4bCA$5.5bCA$446.4m4.8x5.4x0.4x
Mon, 22 Jan 2024CA$2.3bCA$5.5bCA$303.2m6.2x7.5x0.4x
Wed, 20 Dec 2023CA$2.2bCA$5.5bCA$303.2m5.9x7.4x0.4x
Fri, 17 Nov 2023CA$2.4bCA$5.5bCA$303.2m6.6x7.8x0.4x
Sun, 15 Oct 2023CA$2.6bCA$5.4bCA$328.9m7x7.8x0.5x
Tue, 12 Sep 2023CA$2.8bCA$5.4bCA$328.9m7.1x8.4x0.5x
Thu, 10 Aug 2023CA$2.6bCA$5.3bCA$323.6m6.8x8.1x0.5x
Sat, 08 Jul 2023CA$2.0bCA$5.1bCA$260.7m5.7x7.7x0.4x
Mon, 05 Jun 2023CA$1.9bCA$5.1bCA$260.7m5.3x7.4x0.4x
Wed, 03 May 2023CA$2.0bCA$4.7bCA$225.9m8.1x9x0.4x
Fri, 31 Mar 2023CA$2.3bCA$4.4bCA$66.6m10.7x34.5x0.5x
Sun, 26 Feb 2023CA$2.5bCA$4.1b-CA$5,627,265.0012.1x-446.8x0.6x
Tue, 24 Jan 2023CA$3.3bCA$3.9b-CA$36,446,265.0013.4x-89.3x0.8x
Thu, 22 Dec 2022CA$3.0bCA$3.9b-CA$36,446,265.0013.1x-81.8x0.8x
Sat, 19 Nov 2022CA$3.1bCA$3.9b-CA$36,446,265.0013.2x-83.8x0.8x
Mon, 17 Oct 2022CA$2.2bCA$3.4b-CA$197,568,171.0013.8x-11.3x0.7x
Wed, 14 Sep 2022CA$2.3bCA$3.4b-CA$197,568,171.0013.8x-11.7x0.7x
Fri, 12 Aug 2022CA$2.5bCA$3.3b-CA$200,590,171.0014.1x-12.2x0.7x
Sun, 10 Jul 2022CA$2.1bCA$3.0b-CA$332,821,330.0016.8x-6.3x0.7x
Tue, 07 Jun 2022CA$3.1bCA$3.0b-CA$332,821,330.0023.2x-9.4x1x
Price to Earnings Ratio

-9.4x


Total Market Cap: CA$3.1bTotal Earnings: -CA$332,821,330.00Total Revenue: CA$3.0bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Oil and Gas Drilling Industry Price to Earnings3Y Average -10.3x202320242025
Current Industry PE
  • Investors are pessimistic on the Canadian Oil and Gas Drilling 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 8.6x which is higher than its 3-year average PE of -10.3x.
  • The industry is trading close to its 3-year average PS ratio of 0.54x.
Past Earnings Growth
  • Total earnings for the Oil and Gas Drilling industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 21% per year.
  • This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.

Industry Comparison

How does Canadian Oil and Gas Drilling compare with similar industries?

CA Market0.93%
Energy-0.63%
Energy Services2.00%
Oil and Gas Drilling1.63%
Oil and Gas Services2.07%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
PD Precision DrillingCA$59.312.2%
+CA$17.3m		-41.5%PE7.3x
ESI Ensign Energy ServicesCA$1.991.5%
+CA$5.5m		-15.3%PS0.2x
AKT.A AKITA DrillingCA$2.096.1%
+CA$4.8m		48.2%PE4.4x
PHX PHX Energy ServicesCA$7.950.8%
+CA$2.7m		-14.1%PE6.3x
ACX ACT Energy TechnologiesCA$4.961.2%
+CA$2.0m		-23.0%PE3.1x
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Latest News

SDI

CA$0.14

Stampede Drilling

7D

-6.9%

1Y

-43.8%

AKT.A

CA$2.09

AKITA Drilling

7D

6.1%

1Y

48.2%

PHX

CA$7.95

PHX Energy Services

7D

0.8%

1Y

-14.1%

ESI

CA$1.99

Ensign Energy Services

7D

1.5%

1Y

-15.3%

ACX

CA$4.96

ACT Energy Technologies

7D

1.2%

1Y

-23.0%

PD

CA$59.31

Precision Drilling

7D

2.2%

1Y

-41.5%