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Canadian (TSX) Oil and Gas Industry Analysis

UpdatedNov 28, 2021
DataAggregated Company Financials
Companies174
  • 7D-0.2%
  • 3M15.8%
  • 1Y53.0%
  • YTD49.5%

Over the last 7 days, the Oil and Gas industry has remained flat, although notably Enbridge declined by 5.0%. As for the the longer term, the industry is up 53% over the past 12 months.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPE
Wed, 01 Dec 2021CA$487.2bCA$271.8bCA$29.9b7.8x
Fri, 29 Oct 2021CA$496.4bCA$236.5bCA$19.1b11.2x
Sun, 26 Sep 2021CA$455.4bCA$236.9bCA$19.0b9.7x
Tue, 24 Aug 2021CA$405.5bCA$233.9bCA$18.6b8.2x
Wed, 30 Jun 2021CA$442.2bCA$233.9bCA$18.6b8.2x
Sat, 03 Apr 2021CA$379.8bCA$197.3bCA$2.2b8.8x
Tue, 05 Jan 2021CA$304.4bCA$185.1b-CA$24,540,160,782.2510.4x
Fri, 09 Oct 2020CA$260.7bCA$199.4b-CA$29,083,739,509.1514.5x
Thu, 02 Jul 2020CA$288.7bCA$215.0b-CA$24,217,187,324.2217.7x
Sun, 05 Apr 2020CA$259.9bCA$248.0b-CA$4,731,237,241.457x
Wed, 08 Jan 2020CA$426.7bCA$254.6bCA$23.0b12.3x
Tue, 01 Oct 2019CA$404.1bCA$247.3bCA$24.8b11.3x
Fri, 05 Jul 2019CA$406.3bCA$250.4bCA$26.0b9.3x
Mon, 08 Apr 2019CA$421.0bCA$246.7bCA$15.1b15.2x
Thu, 10 Jan 2019CA$364.7bCA$244.4bCA$12.1b12.6x
PE Ratio

15.4x

Total Market Cap: CA$385.1bTotal Earnings: CA$12.9bTotal Revenue: CA$247.2b0%0%0%3 Year10 Year
201920202021

Current Industry PE: Investors are more pessimistic on the industry, considering it's trading at a PE ratio of 7.6x which is lower than its 3-year average PE of 11.8x. It appears they believe that earnings will not grow as fast as they have historically.

Past Earnings Growth: The earnings for companies in the Oil and Gas industry have grown 32% per year over the last three years, and revenues for these companies have grown 3.2% per year. This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

Which industries have driven the changes within the Canadian Oil and Gas industry?

Coal and Fuels1.92%
Oil and Gas Refining and Marketing1.04%
Oil and Gas Exploration and Production0.93%
Integrated Oil and Gas0.73%
Oil and Gas Storage and Transportation-1.83%

Industry PE: Investors are most optimistic about the Integrated Oil and Gas industry even though it's trading below its 3-year average PE ratio of 189x. However analysts are expecting annual earnings growth of 25%, which is lower than the prior year's growth of 497% per year. So the market might believe that analysts are underestimating future growth. Meanwhile, investors are most pessimistic about the Oil and Gas Exploration and Production industry, which is trading below its 3-year average of 8.4x.

Forecasted Growth: Analysts are most optimistic on the Oil and Gas Refining and Marketing industry, expecting annual earnings growth of 54% over the next 5 years. However this is lower than its past earnings growth rate of 538% per year. Meanwhile, the Oil and Gas Exploration and Production industry is expected to see its earnings growth to stay flat over the next few years.

Top Stock Gainers and Losers

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

Company7D1YValuation
VET Vermilion Energy1.4%+CA$29.2m147.3%PE2.8x
TPL Tethys Petroleum21.4%+CA$16.1m13.3%PS6.3x
BEN.H Butte Energy25.0%+CA$12.8m-2.4%PB689.7x
GIII ReGen III4.3%+CA$8.3m356.8%PB17.3x
JEV Jericho Energy Ventures2.9%+CA$4.4m300.0%PS3130.4x
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PPL

CA$37.80

Pembina Pipeline

7D

-4.6%

1Y

15.4%

ENB

CA$47.93

Enbridge

7D

-5.0%

1Y

18.3%

CCO

CA$29.79

Cameco

7D

-7.7%

1Y

132.4%

GIII

CA$1.69

ReGen III

7D

4.3%

1Y

356.8%