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Canadian (TSX) Oil and Gas Services Industry Analysis

UpdatedApr 13, 2025
DataAggregated Company Financials
Companies16
  • 7D-1.3%
  • 3M-20.4%
  • 1Y-2.6%
  • YTDn/a

Over the last 7 days, the Oil and Gas Services industry has dropped 1.3%, driven by a pullback from Calfrac Well Services of 11%. Over the last year, the industry has been flat overall. Looking forward, earnings are forecast to grow by 25% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 13 Apr 2025CA$9.1bCA$14.3bCA$668.3m11.2x13.6x0.6x
Tue, 11 Mar 2025CA$9.5bCA$14.6bCA$760.0m10.8x12.5x0.6x
Thu, 06 Feb 2025CA$11.1bCA$14.5bCA$740.3m10.6x15x0.8x
Sat, 04 Jan 2025CA$11.6bCA$14.5bCA$739.3m10.9x15.6x0.8x
Mon, 02 Dec 2024CA$11.3bCA$14.4bCA$744.1m10.9x15.2x0.8x
Wed, 30 Oct 2024CA$9.6bCA$14.1bCA$845.6m9.1x11.3x0.7x
Fri, 27 Sep 2024CA$9.6bCA$14.0bCA$851.9m8.7x11.3x0.7x
Sun, 25 Aug 2024CA$12.8bCA$24.0bCA$1.4b8.8x9.1x0.5x
Tue, 23 Jul 2024CA$12.8bCA$23.0bCA$1.4b8.6x9.2x0.6x
Thu, 20 Jun 2024CA$12.4bCA$23.0bCA$1.4b8x8.8x0.5x
Sat, 18 May 2024CA$12.3bCA$22.9bCA$1.4b8.1x8.7x0.5x
Mon, 15 Apr 2024CA$12.6bCA$22.0bCA$1.1b8.5x11.7x0.6x
Wed, 13 Mar 2024CA$11.8bCA$22.3bCA$973.0m7.3x12.1x0.5x
Fri, 09 Feb 2024CA$11.1bCA$21.9bCA$853.6m8.3x13x0.5x
Sun, 07 Jan 2024CA$10.7bCA$22.6bCA$882.8m8.8x12.1x0.5x
Tue, 05 Dec 2023CA$9.9bCA$22.6bCA$886.0m8.3x11.2x0.4x
Thu, 02 Nov 2023CA$9.8bCA$21.7bCA$867.6m8.1x11.2x0.4x
Sat, 30 Sep 2023CA$10.5bCA$21.7bCA$878.5m8.2x12x0.5x
Mon, 28 Aug 2023CA$10.6bCA$21.7bCA$875.2m8.3x12.1x0.5x
Wed, 26 Jul 2023CA$10.8bCA$21.3bCA$850.9m8.5x12.7x0.5x
Fri, 23 Jun 2023CA$9.6bCA$21.3bCA$850.9m7.3x11.2x0.4x
Sun, 21 May 2023CA$9.4bCA$21.3bCA$842.3m7.6x11.1x0.4x
Tue, 18 Apr 2023CA$9.5bCA$19.8bCA$591.1m9.1x16x0.5x
Thu, 16 Mar 2023CA$9.0bCA$19.7bCA$562.8m8.8x16.1x0.5x
Sat, 11 Feb 2023CA$10.7bCA$18.4bCA$291.9m12x36.5x0.6x
Mon, 09 Jan 2023CA$10.1bCA$18.4bCA$289.9m13.2x34.9x0.6x
Wed, 07 Dec 2022CA$9.9bCA$18.3bCA$288.1m12.6x34.5x0.5x
Fri, 04 Nov 2022CA$9.8bCA$16.1bCA$49.6m12.4x197.2x0.6x
Sun, 02 Oct 2022CA$7.8bCA$16.0bCA$40.7m11.5x190.8x0.5x
Tue, 30 Aug 2022CA$8.5bCA$16.0bCA$70.5m11.9x121.1x0.5x
Thu, 28 Jul 2022CA$8.1bCA$13.5b-CA$141,857,947.0017x-57.4x0.6x
Sat, 25 Jun 2022CA$7.8bCA$13.5b-CA$139,817,947.0015.6x-55.9x0.6x
Mon, 23 May 2022CA$9.0bCA$13.5b-CA$139,788,214.0015.4x-64.5x0.7x
Wed, 20 Apr 2022CA$9.2bCA$11.7b-CA$230,584,528.0013.5x-39.7x0.8x
Price to Earnings Ratio

-39.7x


Total Market Cap: CA$9.2bTotal Earnings: -CA$230,584,528.00Total Revenue: CA$11.7bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Oil and Gas Services Industry Price to Earnings3Y Average 18.2x202320242025
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 13.6x which is lower than its 3-year average PE of 18.2x.
  • 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 6.9% 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 Market1.27%
Energy-1.95%
Energy Services-0.76%
Oil and Gas Services-1.25%
Oil and Gas Drilling1.72%
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$131.861.6%
+CA$41.7m		83.6%PE34.3x
QST Questor TechnologyCA$0.2926.1%
+CA$1.7m		-52.5%PS1.9x
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Latest News

EFX

CA$9.06

Enerflex

7D

-2.1%

1Y

7.1%

There Are Reasons To Feel Uneasy About Enerflex's (TSE:EFX) Returns On Capital

Apr 10
There Are Reasons To Feel Uneasy About Enerflex's (TSE:EFX) Returns On Capital

CFW

CA$3.12

Calfrac Well Services

7D

-11.4%

1Y

-30.8%

CEU

CA$6.10

CES Energy Solutions

7D

-0.5%

1Y

8.7%

QST

CA$0.29

Questor Technology

7D

26.1%

1Y

-52.5%

TCW

CA$4.06

Trican Well Service

7D

-1.0%

1Y

-11.9%

NOA

CA$19.87

North American Construction Group

7D

-2.1%

1Y

-31.6%

PSI

CA$11.21

Pason Systems

7D

-2.7%

1Y

-32.3%

TVK

CA$131.86

TerraVest Industries

7D

1.6%

1Y

83.6%

STEP

CA$3.73

STEP Energy Services

7D

-7.0%

1Y

-7.7%

MATR

CA$9.49

Mattr

7D

-2.7%

1Y

-44.8%