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Canadian (TSX) Oil and Gas Services Industry Analysis

UpdatedJun 01, 2025
DataAggregated Company Financials
Companies17
  • 7D2.1%
  • 3M7.9%
  • 1Y11.7%
  • YTDn/a

The Oil and Gas Services industry is up 3.4% in the last week, with TerraVest Industries up 4.5%. In the last 12 months, the industry was up 14%. Earnings are forecast to grow by 19% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 01 Jun 2025CA$10.6bCA$14.6bCA$736.9m11.5x14.4x0.7x
Tue, 29 Apr 2025CA$9.6bCA$14.3bCA$678.6m10.6x14.2x0.7x
Thu, 27 Mar 2025CA$10.6bCA$14.4bCA$657.4m14.9x16.1x0.7x
Sat, 22 Feb 2025CA$10.6bCA$14.5bCA$743.6m9.6x14.2x0.7x
Mon, 20 Jan 2025CA$11.6bCA$14.5bCA$739.1m10.5x15.7x0.8x
Wed, 18 Dec 2024CA$11.5bCA$14.5bCA$740.3m10.5x15.5x0.8x
Fri, 15 Nov 2024CA$11.1bCA$14.3bCA$724.9m10.4x15.3x0.8x
Sun, 13 Oct 2024CA$9.9bCA$14.1bCA$849.0m9.2x11.6x0.7x
Tue, 10 Sep 2024CA$9.4bCA$14.0bCA$851.0m8.7x11.1x0.7x
Thu, 08 Aug 2024CA$12.3bCA$23.9bCA$1.4b9.2x8.8x0.5x
Sat, 06 Jul 2024CA$13.2bCA$22.9bCA$1.4b8.4x9.3x0.6x
Mon, 03 Jun 2024CA$12.6bCA$22.9bCA$1.4b8.4x8.9x0.5x
Wed, 01 May 2024CA$12.3bCA$22.9bCA$1.5b7.9x8.5x0.5x
Fri, 29 Mar 2024CA$11.9bCA$22.0bCA$1.1b7.8x11.1x0.5x
Sun, 25 Feb 2024CA$11.2bCA$21.9bCA$888.1m7.1x12.6x0.5x
Tue, 23 Jan 2024CA$11.1bCA$22.6bCA$882.8m8.3x12.5x0.5x
Thu, 21 Dec 2023CA$10.4bCA$22.6bCA$882.8m8.7x11.8x0.5x
Sat, 18 Nov 2023CA$9.7bCA$22.6bCA$899.1m8.2x10.8x0.4x
Mon, 16 Oct 2023CA$9.9bCA$21.7bCA$878.5m8x11.3x0.5x
Wed, 13 Sep 2023CA$11.1bCA$21.7bCA$878.5m8.7x12.6x0.5x
Fri, 11 Aug 2023CA$10.6bCA$21.4bCA$863.1m8.8x12.3x0.5x
Sun, 09 Jul 2023CA$10.1bCA$21.3bCA$850.9m7.4x11.8x0.5x
Tue, 06 Jun 2023CA$9.5bCA$21.3bCA$850.9m7.7x11.1x0.4x
Thu, 04 May 2023CA$9.0bCA$20.0bCA$627.4m8.5x14.3x0.4x
Sat, 01 Apr 2023CA$9.3bCA$19.8bCA$590.3m9x15.7x0.5x
Mon, 27 Feb 2023CA$10.6bCA$18.5bCA$309.1m9.9x34.2x0.6x
Wed, 25 Jan 2023CA$10.9bCA$18.4bCA$289.9m13.3x37.5x0.6x
Fri, 23 Dec 2022CA$10.1bCA$18.4bCA$289.9m10.2x34.9x0.6x
Sun, 20 Nov 2022CA$10.2bCA$18.3bCA$279.6m12.6x36.5x0.6x
Tue, 18 Oct 2022CA$8.3bCA$16.0bCA$40.7m11.1x203.5x0.5x
Thu, 15 Sep 2022CA$8.4bCA$16.0bCA$40.7m11.7x206.3x0.5x
Sat, 13 Aug 2022CA$8.5bCA$16.0bCA$70.9m12.3x119.4x0.5x
Mon, 11 Jul 2022CA$7.8bCA$13.5b-CA$139,817,947.0014.1x-55.9x0.6x
Wed, 08 Jun 2022CA$9.7bCA$13.5b-CA$139,817,947.0017.1x-69.3x0.7x
Price to Earnings Ratio

-69.3x


Total Market Cap: CA$9.7bTotal Earnings: -CA$139,817,947.00Total Revenue: CA$13.5bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Oil and Gas Services Industry Price to Earnings3Y Average 21.2x202320242025
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 14.3x which is lower than its 3-year average PE of 21.0x.
  • The industry is trading close to its 3-year average PS ratio of 0.57x.
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 2.6% 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 Market0.97%
Energy-0.61%
Energy Services2.01%
Oil and Gas Services2.08%
Oil and Gas Drilling1.63%
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
TVK TerraVest IndustriesCA$169.254.5%
+CA$156.2m		127.8%PE45.1x
CEU CES Energy SolutionsCA$6.252.0%
+CA$26.6m		-13.4%PE7.7x
PSI Pason SystemsCA$12.102.5%
+CA$22.7m		-26.6%PE13.2x
TOT Total Energy ServicesCA$10.352.4%
+CA$9.0m		9.5%PE6x
CFW Calfrac Well ServicesCA$3.272.8%
+CA$7.7m		-21.6%PE14.6x
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Latest News

CFW

CA$3.27

Calfrac Well Services

7D

2.8%

1Y

-21.6%

TVK

CA$169.25

TerraVest Industries

7D

4.5%

1Y

127.8%

TOT

CA$10.35

Total Energy Services

7D

2.4%

1Y

9.5%

MCB

CA$3.81

McCoy Global

7D

6.4%

1Y

89.6%

We Like These Underlying Return On Capital Trends At McCoy Global (TSE:MCB)

May 30
We Like These Underlying Return On Capital Trends At McCoy Global (TSE:MCB)

MATR

CA$9.44

Mattr

7D

-1.3%

1Y

-43.7%

Impressive Earnings May Not Tell The Whole Story For Mattr (TSE:MATR)

May 27
Impressive Earnings May Not Tell The Whole Story For Mattr (TSE:MATR)

QST

CA$0.50

Questor Technology

7D

35.1%

1Y

-2.0%

FLNT

CA$0.025

Flint

7D

-16.7%

1Y

-16.7%

Flint's (TSE:FLNT) Performance Is Even Better Than Its Earnings Suggest

May 20
Flint's (TSE:FLNT) Performance Is Even Better Than Its Earnings Suggest

TCW

CA$4.29

Trican Well Service

7D

-0.2%

1Y

-4.2%

Trican Well Service (TSE:TCW) Is Due To Pay A Dividend Of CA$0.05

May 17
Trican Well Service (TSE:TCW) Is Due To Pay A Dividend Of CA$0.05

EFX

CA$9.67

Enerflex

7D

-0.2%

1Y

36.6%

CEU

CA$6.25

CES Energy Solutions

7D

2.0%

1Y

-13.4%

PSI

CA$12.10

Pason Systems

7D

2.5%

1Y

-26.6%

Pason Systems (TSE:PSI) Has Announced A Dividend Of CA$0.13

May 05
Pason Systems (TSE:PSI) Has Announced A Dividend Of CA$0.13

PSD

CA$2.65

Pulse Seismic

7D

1.5%

1Y

10.9%

STEP

CA$3.89

STEP Energy Services

7D

-3.5%

1Y

-8.7%