Header cover image

Canadian (TSX) Oil and Gas Services Industry Analysis

UpdatedDec 26, 2024
DataAggregated Company Financials
Companies16
  • 7D1.2%
  • 3M20.5%
  • 1Y52.3%
  • YTDn/a

Over the last 7 days, the Oil and Gas Services industry has remained flat, although notably CES Energy Solutions gained 4.1%. As for the the longer term, the industry is up 53% over the past 12 months. 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
Thu, 26 Dec 2024CA$11.4bCA$14.5bCA$739.9m10.5x15.4x0.8x
Sat, 23 Nov 2024CA$11.6bCA$14.3bCA$757.2m10.9x15.3x0.8x
Mon, 21 Oct 2024CA$9.6bCA$14.1bCA$848.5m9.2x11.3x0.7x
Wed, 18 Sep 2024CA$9.4bCA$14.0bCA$850.6m8.7x11.1x0.7x
Fri, 16 Aug 2024CA$12.6bCA$24.0bCA$1.4b8.4x8.9x0.5x
Sun, 14 Jul 2024CA$12.8bCA$22.9bCA$1.4b8.4x9.1x0.6x
Tue, 11 Jun 2024CA$12.6bCA$23.0bCA$1.4b8.5x8.9x0.5x
Thu, 09 May 2024CA$12.2bCA$22.9bCA$1.4b8.7x8.6x0.5x
Sat, 06 Apr 2024CA$12.4bCA$22.0bCA$1.1b8.6x11.6x0.6x
Mon, 04 Mar 2024CA$11.8bCA$22.3bCA$849.9m7.3x13.9x0.5x
Wed, 31 Jan 2024CA$11.6bCA$22.6bCA$882.8m8.7x13.1x0.5x
Fri, 29 Dec 2023CA$10.7bCA$22.6bCA$882.8m8.8x12.1x0.5x
Sun, 26 Nov 2023CA$9.7bCA$22.6bCA$886.1m8.1x10.9x0.4x
Tue, 24 Oct 2023CA$9.6bCA$21.7bCA$878.5m7.8x11x0.4x
Thu, 21 Sep 2023CA$10.8bCA$21.7bCA$878.5m8.6x12.3x0.5x
Sat, 19 Aug 2023CA$10.3bCA$21.7bCA$875.2m8.3x11.8x0.5x
Mon, 17 Jul 2023CA$10.2bCA$21.3bCA$850.9m7.8x12x0.5x
Wed, 14 Jun 2023CA$9.4bCA$21.3bCA$850.9m7.6x11.1x0.4x
Fri, 12 May 2023CA$9.1bCA$20.9bCA$729.8m8.2x12.4x0.4x
Sun, 09 Apr 2023CA$9.2bCA$19.8bCA$590.3m8.9x15.6x0.5x
Tue, 07 Mar 2023CA$10.4bCA$19.8bCA$528.3m10.1x19.6x0.5x
Thu, 02 Feb 2023CA$10.8bCA$18.4bCA$289.9m12.5x37.3x0.6x
Sat, 31 Dec 2022CA$10.2bCA$18.4bCA$289.9m13.4x35.3x0.6x
Mon, 28 Nov 2022CA$10.3bCA$18.3bCA$279.0m12.7x37x0.6x
Wed, 26 Oct 2022CA$9.1bCA$16.0bCA$40.7m11.2x223.4x0.6x
Fri, 23 Sep 2022CA$7.9bCA$16.0bCA$40.7m11.2x195.1x0.5x
Sun, 21 Aug 2022CA$8.4bCA$16.0bCA$70.0m12x119.7x0.5x
Tue, 19 Jul 2022CA$7.4bCA$13.5b-CA$139,817,947.0013.6x-52.9x0.5x
Thu, 16 Jun 2022CA$8.7bCA$13.5b-CA$139,817,947.0015.4x-62.3x0.6x
Sat, 14 May 2022CA$8.8bCA$13.5b-CA$142,973,214.0015.6x-61.6x0.7x
Mon, 11 Apr 2022CA$8.6bCA$11.7b-CA$229,694,937.0012.4x-37.6x0.7x
Wed, 09 Mar 2022CA$8.3bCA$11.7bCA$48.2m11.4x171.5x0.7x
Fri, 04 Feb 2022CA$8.0bCA$10.6bCA$171.9m11.3x46.4x0.8x
Sun, 02 Jan 2022CA$7.3bCA$10.6bCA$172.1m11.8x42.4x0.7x
Price to Earnings Ratio

42.4x


Total Market Cap: CA$7.3bTotal Earnings: CA$172.1mTotal Revenue: CA$10.6bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Oil and Gas Services Industry Price to Earnings3Y Average 19.2x20232024
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 19.2x.
  • 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 Market1.67%
Energy2.34%
Energy Services1.58%
Oil and Gas Services1.24%
Oil and Gas Drilling3.13%
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
EFX EnerflexCA$14.184.6%
+CA$78.1m
130.2%PS0.5x
TCW Trican Well ServiceCA$4.916.5%
+CA$56.9m
18.9%PE8.4x
CEU CES Energy SolutionsCA$9.742.5%
+CA$54.4m
180.7%PE11.1x
NOA North American Construction GroupCA$30.704.3%
+CA$34.1m
11.0%PE14.5x
PSI Pason SystemsCA$13.402.3%
+CA$23.9m
-16.1%PE9.4x
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.

Latest News

TVK

CA$115.21

TerraVest Industries

7D

-1.7%

1Y

158.3%

CEU

CA$9.74

CES Energy Solutions

7D

2.5%

1Y

180.7%

MCB

CA$2.78

McCoy Global

7D

-0.7%

1Y

31.8%

TOT

CA$11.40

Total Energy Services

7D

0.4%

1Y

49.0%

EFX

CA$14.18

Enerflex

7D

4.6%

1Y

130.2%

TCW

CA$4.91

Trican Well Service

7D

6.5%

1Y

18.9%

QST

CA$0.32

Questor Technology

7D

-5.9%

1Y

-56.2%

PSI

CA$13.40

Pason Systems

7D

2.3%

1Y

-16.1%

MATR

CA$12.47

Mattr

7D

-1.8%

1Y

-17.4%

NOA

CA$30.70

North American Construction Group

7D

4.3%

1Y

11.0%

CTEK

CA$0.15

Cleantek Industries

7D

25.0%

1Y

-11.8%

CFW

CA$3.77

Calfrac Well Services

7D

-2.1%

1Y

-15.3%

PSD

CA$2.29

Pulse Seismic

7D

0.4%

1Y

21.8%

STEP

CA$4.26

STEP Energy Services

7D

-13.2%

1Y

11.5%

CWC

CA$0.16

CWC Energy Services

7D

-8.6%

1Y

-41.8%