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Canadian (TSX) Oil and Gas Services Industry Analysis

UpdatedNov 25, 2024
DataAggregated Company Financials
Companies16
  • 7D3.9%
  • 3M16.7%
  • 1Y64.3%
  • YTDn/a

Over the last 7 days, the Oil and Gas Services industry has risen 3.9%, driven by gains in Enerflex and CES Energy Solutions of 12% and 8.4%, respectively. This means that the industry has gained 64% over the past year. Looking forward, earnings are forecast to grow by 24% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 25 Nov 2024CA$11.6bCA$14.3bCA$757.2m10.9x15.4x0.8x
Wed, 23 Oct 2024CA$9.6bCA$14.1bCA$848.4m9.3x11.3x0.7x
Fri, 20 Sep 2024CA$9.5bCA$14.0bCA$851.1m8.7x11.2x0.7x
Sun, 18 Aug 2024CA$12.8bCA$24.0bCA$1.4b8.4x9.1x0.5x
Tue, 16 Jul 2024CA$12.9bCA$23.0bCA$1.4b8.5x9.2x0.6x
Thu, 13 Jun 2024CA$12.6bCA$23.0bCA$1.4b8.3x8.9x0.5x
Sat, 11 May 2024CA$12.2bCA$23.0bCA$1.4b8.4x8.5x0.5x
Mon, 08 Apr 2024CA$12.6bCA$22.0bCA$1.1b8.6x11.7x0.6x
Wed, 06 Mar 2024CA$11.8bCA$22.3bCA$849.9m7.4x13.9x0.5x
Fri, 02 Feb 2024CA$11.4bCA$22.6bCA$882.8m8.5x12.9x0.5x
Sun, 31 Dec 2023CA$10.6bCA$22.6bCA$882.8m8.8x12x0.5x
Tue, 28 Nov 2023CA$9.7bCA$22.6bCA$886.1m8x10.9x0.4x
Thu, 26 Oct 2023CA$9.7bCA$21.7bCA$880.6m8x11x0.4x
Sat, 23 Sep 2023CA$10.7bCA$21.7bCA$878.5m8.6x12.1x0.5x
Mon, 21 Aug 2023CA$10.4bCA$21.7bCA$875.2m8.3x11.9x0.5x
Wed, 19 Jul 2023CA$10.5bCA$21.3bCA$850.9m8.1x12.4x0.5x
Fri, 16 Jun 2023CA$9.4bCA$21.3bCA$850.9m7.5x11x0.4x
Sun, 14 May 2023CA$9.3bCA$21.3bCA$841.4m7.4x11.1x0.4x
Tue, 11 Apr 2023CA$9.3bCA$19.8bCA$590.3m9.2x15.7x0.5x
Thu, 09 Mar 2023CA$10.3bCA$19.8bCA$528.3m10.2x19.5x0.5x
Sat, 04 Feb 2023CA$10.7bCA$18.4bCA$289.9m12.1x36.8x0.6x
Mon, 02 Jan 2023CA$10.3bCA$18.4bCA$289.9m13.4x35.6x0.6x
Wed, 30 Nov 2022CA$10.2bCA$18.3bCA$279.0m12.7x36.7x0.6x
Fri, 28 Oct 2022CA$9.3bCA$16.0bCA$42.1m11.7x220x0.6x
Sun, 25 Sep 2022CA$7.5bCA$16.0bCA$40.7m11.1x183.2x0.5x
Tue, 23 Aug 2022CA$8.4bCA$16.0bCA$70.0m12x119.8x0.5x
Thu, 21 Jul 2022CA$7.8bCA$13.5b-CA$139,817,947.0014.3x-55.9x0.6x
Sat, 18 Jun 2022CA$8.3bCA$13.5b-CA$139,817,947.0014.4x-59.3x0.6x
Mon, 16 May 2022CA$8.8bCA$13.5b-CA$142,973,214.0015.6x-61.6x0.7x
Wed, 13 Apr 2022CA$8.7bCA$11.7b-CA$229,694,937.0012.3x-37.8x0.7x
Fri, 11 Mar 2022CA$8.1bCA$11.3b-CA$80,272,937.0011.7x-101.3x0.7x
Sun, 06 Feb 2022CA$8.2bCA$10.6bCA$171.9m11.6x47.5x0.8x
Tue, 04 Jan 2022CA$7.3bCA$10.6bCA$172.1m11.8x42.4x0.7x
Thu, 02 Dec 2021CA$7.2bCA$10.6bCA$175.0m10.9x40.9x0.7x
Price to Earnings Ratio

40.9x


Total Market Cap: CA$7.2bTotal Earnings: CA$175.0mTotal Revenue: CA$10.6bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Oil and Gas Services Industry Price to Earnings3Y Average 19.9x202220232024
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 15.4x which is lower than its 3-year average PE of 19.9x.
  • The industry is trading close to its 3-year average PS ratio of 0.57x.
Past Earnings Growth
  • The earnings for companies in the Oil and Gas Equipment and Services industry have grown 63% per year over the last three years.
  • Revenues for these companies have grown 11% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Comparison

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

CA Market2.15%
Energy3.62%
Energy Services4.04%
Oil and Gas Services3.90%
Oil and Gas Drilling4.62%
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
CEU CES Energy SolutionsCA$9.779.0%
+CA$183.5m		185.7%PE11.2x
EFX EnerflexCA$13.146.1%
+CA$94.3m		130.5%PS0.5x
NOA North American Construction GroupCA$28.433.3%
+CA$24.1m		9.3%PE13.4x
TCW Trican Well ServiceCA$4.972.5%
+CA$22.9m		21.5%PE8.6x
MATR MattrCA$13.452.3%
+CA$19.4m		-5.0%PE36.1x
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Latest News

CEU

CA$9.77

CES Energy Solutions

7D

9.0%

1Y

185.7%

CES Energy Solutions (TSE:CEU) Could Become A Multi-Bagger

Nov 22
CES Energy Solutions (TSE:CEU) Could Become A Multi-Bagger

MATR

CA$13.45

Mattr

7D

2.3%

1Y

-5.0%

Mattr's (TSE:MATR) Conservative Accounting Might Explain Soft Earnings

Nov 20
Mattr's (TSE:MATR) Conservative Accounting Might Explain Soft Earnings

NOA

CA$28.43

North American Construction Group

7D

3.3%

1Y

9.3%

CTEK

CA$0.13

Cleantek Industries

7D

-16.7%

1Y

-37.5%

EFX

CA$13.14

Enerflex

7D

6.1%

1Y

130.5%

CFW

CA$4.02

Calfrac Well Services

7D

3.9%

1Y

-11.5%

PSI

CA$15.00

Pason Systems

7D

1.2%

1Y

9.1%

We Think That There Are More Issues For Pason Systems (TSE:PSI) Than Just Sluggish Earnings

Nov 14
We Think That There Are More Issues For Pason Systems (TSE:PSI) Than Just Sluggish Earnings

MCB

CA$3.03

McCoy Global

7D

-1.0%

1Y

73.1%

TVK

CA$119.20

TerraVest Industries

7D

-2.9%

1Y

218.9%

A Look At The Intrinsic Value Of TerraVest Industries Inc. (TSE:TVK)

Nov 09
A Look At The Intrinsic Value Of TerraVest Industries Inc. (TSE:TVK)

FLNT

CA$0.025

Flint

7D

-28.6%

1Y

0%

STEP

CA$5.23

STEP Energy Services

7D

3.8%

1Y

30.8%

TCW

CA$4.97

Trican Well Service

7D

2.5%

1Y

21.5%

CCEC

CA$0.51

Cancambria Energy

7D

-5.6%

1Y

n/a

CPS

CA$0.28

Canadian Premium Sand

7D

-13.8%

1Y

-16.4%

QST

CA$0.27

Questor Technology

7D

-6.9%

1Y

-64.5%

CWC

CA$0.16

CWC Energy Services

7D

-8.6%

1Y

-41.8%