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Canadian (TSX) Oil and Gas Services Industry Analysis

UpdatedMar 17, 2024
DataAggregated Company Financials
Companies18
  • 7D-1.5%
  • 3M17.9%
  • 1Y48.0%
  • YTDn/a

The Oil and Gas Services industry is down 1.5% over the last week with North American Construction Group the worst performer, down 8.0%. Meanwhile, Mattr actually outperformed within the industry, gaining 12% in the last week. This takes the industry's 12 month performance to a gain of 48%. As for the next few years, earnings are expected to grow by 11% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 17 Mar 2024CA$11.6bCA$22.0bCA$1.1b8.6x10.8x0.5x
Tue, 13 Feb 2024CA$11.2bCA$21.9bCA$853.6m8.4x13.1x0.5x
Thu, 11 Jan 2024CA$10.5bCA$22.6bCA$882.8m8.3x11.9x0.5x
Sat, 09 Dec 2023CA$9.7bCA$22.6bCA$886.0m8.4x10.9x0.4x
Mon, 06 Nov 2023CA$10.2bCA$21.7bCA$842.1m8.4x12.1x0.5x
Wed, 04 Oct 2023CA$9.9bCA$21.7bCA$878.5m8x11.3x0.5x
Fri, 01 Sep 2023CA$10.8bCA$21.7bCA$875.2m8.4x12.3x0.5x
Sun, 30 Jul 2023CA$10.9bCA$21.0bCA$838.4m9.8x13x0.5x
Tue, 27 Jun 2023CA$9.3bCA$21.3bCA$850.9m7.1x11x0.4x
Thu, 25 May 2023CA$9.4bCA$21.3bCA$842.3m7.8x11.1x0.4x
Sat, 22 Apr 2023CA$9.4bCA$19.8bCA$591.1m8.7x15.8x0.5x
Mon, 20 Mar 2023CA$8.9bCA$19.8bCA$594.7m8.6x15x0.5x
Wed, 15 Feb 2023CA$10.9bCA$18.4bCA$291.9m12.5x37.3x0.6x
Fri, 13 Jan 2023CA$10.8bCA$18.4bCA$289.9m13.7x37.3x0.6x
Sun, 11 Dec 2022CA$9.9bCA$18.3bCA$288.1m12.5x34.2x0.5x
Tue, 08 Nov 2022CA$10.0bCA$17.3bCA$246.0m13.4x40.6x0.6x
Thu, 06 Oct 2022CA$8.5bCA$16.0bCA$40.7m11.3x207.5x0.5x
Sat, 03 Sep 2022CA$8.1bCA$16.0bCA$40.7m11.6x199.6x0.5x
Mon, 01 Aug 2022CA$8.5bCA$15.3b-CA$31,901,108.0015.6x-266.1x0.6x
Wed, 29 Jun 2022CA$8.4bCA$13.5b-CA$139,817,947.0016.4x-60.2x0.6x
Fri, 27 May 2022CA$9.3bCA$13.5b-CA$139,788,214.0016.4x-66.2x0.7x
Sun, 24 Apr 2022CA$9.0bCA$11.7b-CA$233,135,528.0014.5x-38.5x0.8x
Tue, 22 Mar 2022CA$8.2bCA$11.7b-CA$229,694,937.0012.9x-35.5x0.7x
Thu, 17 Feb 2022CA$8.4bCA$10.7bCA$170.2m12.2x49.4x0.8x
Sat, 15 Jan 2022CA$8.0bCA$10.6bCA$172.1m12x46.6x0.8x
Mon, 13 Dec 2021CA$7.0bCA$10.6bCA$173.0m11.3x40.7x0.7x
Wed, 10 Nov 2021CA$8.0bCA$10.4bCA$141.2m13x56.8x0.8x
Fri, 08 Oct 2021CA$7.3bCA$9.1bCA$35.1m12.8x207.4x0.8x
Sun, 05 Sep 2021CA$6.3bCA$9.1bCA$31.8m11.9x197.6x0.7x
Tue, 03 Aug 2021CA$6.2bCA$9.1bCA$31.8m12.6x195.4x0.7x
Fri, 07 May 2021CA$5.7bCA$8.4b-CA$429,568,581.0013.7x-13.3x0.7x
Price to Earnings Ratio

-12.7x


Total Market Cap: CA$5.5bTotal Earnings: -CA$429,568,581.00Total Revenue: CA$8.4bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Oil and Gas Services Industry Price to Earnings3Y Average 40.1x202220232024
Current Industry PE
  • Investors are pessimistic on the Canadian Oil and Gas Equipment and Services 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 10.8x which is lower than its 3-year average PE of 40.1x.
  • The industry is trading close to its 3-year average PS ratio of 0.59x.
Past Earnings Growth
  • Total earnings for the Oil and Gas Equipment and Services industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 38% 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 Services compare with similar industries?

CA Market0.45%
Energy1.78%
Energy Services-0.91%
Oil and Gas Services-1.52%
Oil and Gas Drilling1.86%
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
MATR MattrCA$17.0411.8%
+CA$119.5m
42.0%PE20.2x
TOT Total Energy ServicesCA$10.359.5%
+CA$36.0m
30.0%PE9.9x
SHLE Source Energy ServicesCA$10.004.2%
+CA$5.4m
262.3%PE0.8x
PSD Pulse SeismicCA$2.160.9%
+CA$1.0m
21.3%PE7.5x
FLNT FlintCA$0.0320.0%
+CA$550.0k
-14.3%PS0.005x
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Latest News

STEP

CA$3.48

STEP Energy Services

7D

-21.8%

1Y

14.9%

PSI

CA$13.53

Pason Systems

7D

-4.2%

1Y

18.6%

SES

CA$11.50

Secure Energy Services

7D

0.7%

1Y

87.6%

MATR

CA$17.04

Mattr

7D

11.8%

1Y

42.0%

CFW

CA$4.08

Calfrac Well Services

7D

-15.0%

1Y

2.5%

TOT

CA$10.35

Total Energy Services

7D

9.5%

1Y

30.0%

NOA

CA$31.22

North American Construction Group

7D

-8.0%

1Y

43.1%

FLNT

CA$0.03

Flint

7D

20.0%

1Y

-14.3%

TCW

CA$4.02

Trican Well Service

7D

-5.6%

1Y

35.8%

PSD

CA$2.16

Pulse Seismic

7D

0.9%

1Y

21.3%

PEC.H

CA$0.16

Peak Discovery Capital

7D

6.7%

1Y

-36.0%