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Canadian (TSX) Oil and Gas Services Industry Analysis

UpdatedJul 26, 2024
DataAggregated Company Financials
Companies19
  • 7D-0.4%
  • 3M4.6%
  • 1Y32.5%
  • YTDn/a

Over the last 7 days, the Oil and Gas Services industry has dropped 2.2%, driven by a pullback from Secure Energy Services of 1.7%. On the other hand TerraVest Industries is actually up 6.7%. Over the past 12 months, the industry was up 33%. Earnings are forecast to grow by 2.6% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 26 Jul 2024CA$12.6bCA$23.0bCA$1.4b9.7x9x0.5x
Sun, 23 Jun 2024CA$12.2bCA$23.0bCA$1.4b8.4x8.6x0.5x
Tue, 21 May 2024CA$12.4bCA$22.9bCA$1.4b8.1x8.8x0.5x
Thu, 18 Apr 2024CA$12.3bCA$22.0bCA$1.1b8.2x11.3x0.6x
Sat, 16 Mar 2024CA$11.5bCA$22.0bCA$1.1b8.6x10.8x0.5x
Mon, 12 Feb 2024CA$11.2bCA$21.9bCA$853.6m8.2x13.1x0.5x
Wed, 10 Jan 2024CA$10.5bCA$22.6bCA$882.8m8.3x11.9x0.5x
Fri, 08 Dec 2023CA$9.6bCA$22.6bCA$886.0m8.3x10.9x0.4x
Sun, 05 Nov 2023CA$10.2bCA$21.7bCA$842.1m8.4x12.1x0.5x
Tue, 03 Oct 2023CA$10.4bCA$21.7bCA$878.5m7.9x11.8x0.5x
Thu, 31 Aug 2023CA$10.8bCA$21.7bCA$875.2m8.5x12.3x0.5x
Sat, 29 Jul 2023CA$10.9bCA$21.0bCA$836.5m9.8x13x0.5x
Mon, 26 Jun 2023CA$9.3bCA$21.3bCA$850.9m7x11x0.4x
Wed, 24 May 2023CA$9.4bCA$21.3bCA$842.3m7.6x11.2x0.4x
Fri, 21 Apr 2023CA$9.4bCA$19.8bCA$591.1m8.7x15.9x0.5x
Sun, 19 Mar 2023CA$8.9bCA$19.8bCA$594.7m8.6x15x0.5x
Tue, 14 Feb 2023CA$10.7bCA$18.4bCA$291.9m12x36.7x0.6x
Thu, 12 Jan 2023CA$10.6bCA$18.4bCA$289.9m10.7x36.4x0.6x
Sat, 10 Dec 2022CA$9.9bCA$18.3bCA$288.1m12.5x34.2x0.5x
Mon, 07 Nov 2022CA$10.0bCA$17.3bCA$246.0m13.5x40.7x0.6x
Wed, 05 Oct 2022CA$8.3bCA$16.0bCA$40.7m11.2x203.2x0.5x
Fri, 02 Sep 2022CA$8.0bCA$16.0bCA$40.7m11.8x196.2x0.5x
Sun, 31 Jul 2022CA$8.5bCA$15.3b-CA$31,901,108.0015.6x-266.1x0.6x
Tue, 28 Jun 2022CA$8.1bCA$13.5b-CA$139,817,947.0016.5x-58x0.6x
Thu, 26 May 2022CA$9.3bCA$13.5b-CA$139,788,214.0016.4x-66.2x0.7x
Sat, 23 Apr 2022CA$9.0bCA$11.7b-CA$233,135,528.0014.5x-38.4x0.8x
Mon, 21 Mar 2022CA$8.1bCA$11.7b-CA$229,694,937.0012.8x-35.1x0.7x
Wed, 16 Feb 2022CA$8.3bCA$10.7bCA$170.2m12.2x48.7x0.8x
Fri, 14 Jan 2022CA$7.9bCA$10.6bCA$172.1m12x45.6x0.7x
Sun, 12 Dec 2021CA$7.0bCA$10.6bCA$173.0m11.3x40.7x0.7x
Tue, 09 Nov 2021CA$8.0bCA$10.4bCA$141.2m13x56.8x0.8x
Thu, 07 Oct 2021CA$7.2bCA$9.1bCA$35.1m12.3x205.4x0.8x
Sat, 04 Sep 2021CA$6.3bCA$9.1bCA$31.8m11.9x197.6x0.7x
Mon, 02 Aug 2021CA$6.2bCA$9.1bCA$31.8m12.3x196.7x0.7x
Price to Earnings Ratio

196.7x


Total Market Cap: CA$6.2bTotal Earnings: CA$31.8mTotal Revenue: CA$9.1bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Oil and Gas Services Industry Price to Earnings3Y Average 36.6x202220232024
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 9.2x which is lower than its 3-year average PE of 36.6x.
  • 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 252% per year over the last three years.
  • Revenues for these companies have grown 36% 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 Market-0.31%
Energy-0.39%
Energy Services-0.77%
Oil and Gas Services-0.45%
Oil and Gas Drilling-2.24%
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$78.906.7%
+CA$96.7m		134.8%PE25.2x
CEU CES Energy SolutionsCA$8.021.6%
+CA$28.0m		194.9%PE10.7x
PSD Pulse SeismicCA$2.423.4%
+CA$3.6m		22.5%PE9.7x
NOA North American Construction GroupCA$27.000.3%
+CA$1.9m		-17.9%PE13.7x
FLNT FlintCA$0.0320.0%
+CA$550.0k		0%PS0.005x
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Latest News

SES

CA$11.43

Secure Energy Services

7D

-1.7%

1Y

75.3%

Is Secure Energy Services (TSE:SES) Using Too Much Debt?

Jul 25
Is Secure Energy Services (TSE:SES) Using Too Much Debt?

PSD

CA$2.42

Pulse Seismic

7D

3.4%

1Y

22.5%

CEU

CA$8.02

CES Energy Solutions

7D

1.6%

1Y

194.9%

Is There An Opportunity With CES Energy Solutions Corp.'s (TSE:CEU) 33% Undervaluation?

Jul 19
Is There An Opportunity With CES Energy Solutions Corp.'s (TSE:CEU) 33% Undervaluation?

HWO

CA$0.85

High Arctic Energy Services

7D

1.2%

1Y

-32.5%

Investors Give High Arctic Energy Services Inc (TSE:HWO) Shares A 45% Hiding

Jul 19
Investors Give High Arctic Energy Services Inc (TSE:HWO) Shares A 45% Hiding

MATR

CA$17.28

Mattr

7D

-4.2%

1Y

-13.6%

NOA

CA$27.00

North American Construction Group

7D

0.3%

1Y

-17.9%

CFW

CA$4.30

Calfrac Well Services

7D

-2.5%

1Y

-15.4%

TCW

CA$4.91

Trican Well Service

7D

-1.4%

1Y

21.8%

TOT

CA$9.34

Total Energy Services

7D

-2.3%

1Y

-6.2%

PSI

CA$17.11

Pason Systems

7D

-2.9%

1Y

29.6%

EFX

CA$7.60

Enerflex

7D

-0.8%

1Y

-26.6%

FLNT

CA$0.03

Flint

7D

20.0%

1Y

0%

TVK

CA$78.90

TerraVest Industries

7D

6.7%

1Y

134.8%

CWC

CA$0.16

CWC Energy Services

7D

-8.6%

1Y

-41.8%