Investing IdeasBrowse All StocksMarkets
Have your own idea? Try our Stock Screener
Header cover image

Canadian (TSX) Energy Services Industry Analysis

UpdatedOct 07, 2025
DataAggregated Company Financials
Companies25
  • 7D2.3%
  • 3M6.8%
  • 1Y16.1%
  • YTD1.6%

TerraVest Industries is up 3.8%, leading the way for the Energy Services industry, which has gained 1.7%. This takes the industry's 12 month performance to a gain of 16%. As for the next few years, earnings are expected to grow by 13% per annum.

Industry Valuation and Performance

Has the Canadian Energy Services Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 07 Oct 2025CA$14.6bCA$20.3bCA$985.6m11.2x14.8x0.7x
Thu, 04 Sep 2025CA$13.7bCA$20.2bCA$983.7m10x14x0.7x
Sat, 02 Aug 2025CA$13.8bCA$19.9bCA$972.4m9.6x14.2x0.7x
Mon, 30 Jun 2025CA$13.1bCA$19.9bCA$955.1m9.7x13.7x0.7x
Wed, 28 May 2025CA$12.4bCA$19.9bCA$956.0m9.8x13x0.6x
Fri, 25 Apr 2025CA$11.2bCA$19.6bCA$891.3m7.8x12.6x0.6x
Sun, 23 Mar 2025CA$12.6bCA$19.8bCA$858.3m8.7x14.7x0.6x
Tue, 18 Feb 2025CA$13.2bCA$19.8bCA$1.0b9.9x13x0.7x
Thu, 16 Jan 2025CA$14.5bCA$19.8bCA$1.1b10.5x12.7x0.7x
Sat, 14 Dec 2024CA$14.4bCA$19.8bCA$1.1b10.5x12.6x0.7x
Mon, 11 Nov 2024CA$13.7bCA$19.6bCA$1.1b10.4x12x0.7x
Wed, 09 Oct 2024CA$12.5bCA$19.4bCA$1.2b9.2x10.3x0.6x
Fri, 06 Sep 2024CA$12.4bCA$19.3bCA$1.2b8.5x10.2x0.6x
Sun, 04 Aug 2024CA$15.2bCA$29.2bCA$1.8b9.4x8.7x0.5x
Tue, 02 Jul 2024CA$15.7bCA$28.4bCA$1.8b8.4x8.7x0.6x
Thu, 30 May 2024CA$15.2bCA$28.3bCA$1.8b7.8x8.4x0.5x
Sat, 27 Apr 2024CA$15.3bCA$28.3bCA$1.9b7.8x8.3x0.5x
Mon, 25 Mar 2024CA$14.3bCA$27.4bCA$1.5b7.4x9.2x0.5x
Wed, 21 Feb 2024CA$13.6bCA$27.4bCA$1.3b6.7x10.2x0.5x
Fri, 19 Jan 2024CA$13.2bCA$28.1bCA$1.2b7.3x11.1x0.5x
Sun, 17 Dec 2023CA$12.4bCA$28.1bCA$1.2b7.2x10.5x0.4x
Tue, 14 Nov 2023CA$12.5bCA$28.2bCA$1.3b8.1x9.9x0.4x
Thu, 12 Oct 2023CA$12.6bCA$27.1bCA$1.2b7.8x10.4x0.5x
Sat, 09 Sep 2023CA$13.7bCA$27.1bCA$1.2b8.3x11.4x0.5x
Mon, 07 Aug 2023CA$13.2bCA$26.2bCA$1.1b7.8x11.6x0.5x
Wed, 05 Jul 2023CA$11.8bCA$26.3bCA$1.1b7.2x10.6x0.4x
Fri, 02 Jun 2023CA$11.1bCA$26.3bCA$1.1b6.9x10.1x0.4x
Sun, 30 Apr 2023CA$11.5bCA$24.8bCA$843.6m8.8x13.6x0.5x
Tue, 28 Mar 2023CA$11.3bCA$24.2bCA$661.4m8.8x17.1x0.5x
Thu, 23 Feb 2023CA$12.7bCA$22.6bCA$287.0m11.5x44.4x0.6x
Sat, 21 Jan 2023CA$14.3bCA$22.3bCA$253.5m14x56.5x0.6x
Mon, 19 Dec 2022CA$12.8bCA$22.3bCA$253.5m13.1x50.4x0.6x
Wed, 16 Nov 2022CA$13.4bCA$22.2bCA$243.2m13.5x55.2x0.6x
Fri, 14 Oct 2022CA$10.3bCA$19.4b-CA$156,837,204.0012.4x-65.9x0.5x
Price to Earnings Ratio

-65.9x


Total Market Cap: CA$10.3bTotal Earnings: -CA$156,837,204.00Total Revenue: CA$19.4bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Energy Services Industry Price to Earnings3Y Average 13.4x202320242025
Current Industry PE
  • Investors are optimistic on the Canadian Energy Services industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 14.8x which is higher than its 3-year average PE of 13.4x.
  • The industry is trading close to its 3-year average PS ratio of 0.57x.
Past Earnings Growth
  • Total earnings for the Energy Services industry have gone up over the last three years, and the industry is now profitable.
  • Revenues have remained mostly flat. This means that the industry has become more efficient since profits are increasing while sales have been flat.

Industry Trends

Which industries have driven the changes within the Canadian Energy industry?

CA Market1.34%
Energy0.67%
Energy Services2.32%
Oil and Gas Services2.50%
Oil and Gas Drilling1.38%
Industry PE
  • Investors are most optimistic about the Oil and Gas Services industry even though it's trading below its 3-year average PE ratio of 20.3x.
    • Analysts are expecting annual earnings growth of 9.8%, which is higher than its past year's earnings decline of 15.6% per year.
  • Investors are most pessimistic about the Oil and Gas Drilling industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average.
Forecasted Growth
  • Analysts are most optimistic on the Oil and Gas Drilling industry, expecting annual earnings growth of 32% over the next 5 years.
  • This is better than its past earnings decline of 40% per year.
  • In contrast, the Oil and Gas Services industry is expected to see its earnings grow by 9.8% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
TVK TerraVest IndustriesCA$144.263.8%
+CA$113.2m		48.1%PE39.1x
EFX EnerflexCA$15.955.4%
+CA$99.0m		76.4%PE10.8x
CEU CES Energy SolutionsCA$9.492.0%
+CA$41.3m		20.1%PE11.2x
MATR MattrCA$11.224.7%
+CA$30.7m		-19.7%PE23.2x
NOA North American Construction GroupCA$20.554.6%
+CA$26.4m		-21.0%PE17.5x

Latest News

TOT
CA$14.54
Total Energy Services
7D
-0.5%
1Y
46.0%
EFX
CA$15.95
Enerflex
7D
5.4%
1Y
76.4%
CEU
CA$9.49
CES Energy Solutions
7D
2.0%
1Y
20.1%

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

Oct 05
CES Energy Solutions (TSE:CEU) Could Become A Multi-Bagger
PHX
CA$7.77
PHX Energy Services
7D
-2.5%
1Y
-20.7%
PSI
CA$12.05
Pason Systems
7D
1.1%
1Y
-17.0%
TCW
CA$6.16
Trican Well Service
7D
-0.3%
1Y
27.0%
STEP
CA$5.40
STEP Energy Services
7D
-0.4%
1Y
37.1%
FLNT
CA$1.38
Flint
7D
-18.8%
1Y
38.0%

Some Confidence Is Lacking In Flint Corp.'s (TSE:FLNT) P/S

Sep 26
Some Confidence Is Lacking In Flint Corp.'s (TSE:FLNT) P/S
PD
CA$79.97
Precision Drilling
7D
1.0%
1Y
-10.1%
NOA
CA$20.55
North American Construction Group
7D
4.6%
1Y
-21.0%
TVK
CA$144.26
TerraVest Industries
7D
3.8%
1Y
48.1%
SHLE
CA$13.44
Source Energy Services
7D
-3.5%
1Y
13.1%

We Like These Underlying Return On Capital Trends At Source Energy Services (TSE:SHLE)

Aug 23
We Like These Underlying Return On Capital Trends At Source Energy Services (TSE:SHLE)
MATR
CA$11.22
Mattr
7D
4.7%
1Y
-19.7%
ESI
CA$2.57
Ensign Energy Services
7D
3.2%
1Y
-1.5%
PSD
CA$3.43
Pulse Seismic
7D
-3.9%
1Y
47.2%