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Canadian (TSX) Oil and Gas Exploration and Production Industry Analysis

UpdatedMay 29, 2025
DataAggregated Company Financials
Companies117
  • 7D0.1%
  • 3M1.6%
  • 1Y-12.6%
  • YTDn/a

The Oil and Gas Exploration and Production industry has stayed flat over the last week. As for the longer term, the industry has declined 13% in the last year. Looking forward, earnings are forecast to grow by 5.2% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 29 May 2025CA$207.1bCA$88.8bCA$16.9b8.9x12.3x2.3x
Sat, 26 Apr 2025CA$194.1bCA$89.2bCA$13.3b9.1x14.5x2.2x
Mon, 24 Mar 2025CA$210.6bCA$89.7bCA$12.8b12.4x16.5x2.3x
Wed, 19 Feb 2025CA$209.2bCA$89.6bCA$14.5b9.8x14.4x2.3x
Fri, 17 Jan 2025CA$220.6bCA$89.8bCA$14.7b11.1x15x2.5x
Sun, 15 Dec 2024CA$211.6bCA$89.8bCA$14.7b10.1x14.4x2.4x
Tue, 12 Nov 2024CA$216.7bCA$89.5bCA$15.0b9.7x14.4x2.4x
Thu, 10 Oct 2024CA$224.2bCA$91.6bCA$14.4b10.2x15.6x2.4x
Sat, 07 Sep 2024CA$207.8bCA$91.9bCA$14.4b10.6x14.4x2.3x
Mon, 05 Aug 2024CA$212.7bCA$91.6bCA$15.3b10.2x13.9x2.3x
Wed, 03 Jul 2024CA$226.9bCA$89.1bCA$15.5b11.8x14.6x2.5x
Fri, 31 May 2024CA$245.1bCA$91.1bCA$16.1b12x15.2x2.7x
Sun, 28 Apr 2024CA$250.3bCA$91.4bCA$19.6b9.2x12.8x2.7x
Tue, 26 Mar 2024CA$232.1bCA$86.9bCA$19.1b8.5x12.1x2.7x
Thu, 22 Feb 2024CA$222.1bCA$104.3bCA$24.5b6.2x9.1x2.1x
Sat, 20 Jan 2024CA$216.3bCA$105.8bCA$24.9b5.6x8.7x2x
Mon, 18 Dec 2023CA$217.5bCA$105.7bCA$24.9b5.6x8.7x2.1x
Wed, 15 Nov 2023CA$239.6bCA$106.6bCA$25.3b6.5x9.5x2.2x
Fri, 13 Oct 2023CA$243.4bCA$110.5bCA$31.7b5.5x7.7x2.2x
Sun, 10 Sep 2023CA$239.5bCA$110.4bCA$31.7b5.6x7.6x2.2x
Tue, 08 Aug 2023CA$229.9bCA$110.9bCA$32.1b5.3x7.2x2.1x
Thu, 06 Jul 2023CA$205.0bCA$122.0bCA$38.8b4.2x5.3x1.7x
Sat, 03 Jun 2023CA$203.5bCA$122.3bCA$38.9b4.1x5.2x1.7x
Mon, 01 May 2023CA$214.9bCA$126.8bCA$39.9b3.9x5.4x1.7x
Wed, 29 Mar 2023CA$198.8bCA$126.6bCA$40.5b3.8x4.9x1.6x
Fri, 24 Feb 2023CA$207.2bCA$123.5bCA$43.8b3.9x4.7x1.7x
Sun, 22 Jan 2023CA$223.9bCA$123.5bCA$43.0b4.3x5.2x1.8x
Tue, 20 Dec 2022CA$209.8bCA$124.0bCA$43.1b3.8x4.9x1.7x
Thu, 17 Nov 2022CA$234.6bCA$123.3bCA$42.7b4.5x5.5x1.9x
Sat, 15 Oct 2022CA$219.4bCA$114.5bCA$36.0b4.8x6.1x1.9x
Mon, 12 Sep 2022CA$216.9bCA$112.9bCA$35.6b4.9x6.1x1.9x
Wed, 10 Aug 2022CA$206.8bCA$110.4bCA$34.8b5x5.9x1.9x
Fri, 08 Jul 2022CA$198.2bCA$96.7bCA$30.5b5.9x6.5x2x
Sun, 05 Jun 2022CA$253.7bCA$96.1bCA$30.5b7.8x8.3x2.6x
Price to Earnings Ratio

8.3x


Total Market Cap: CA$253.7bTotal Earnings: CA$30.5bTotal Revenue: CA$96.1bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Oil and Gas Exploration and Production Industry Price to Earnings3Y Average 9.8x202320242025
Current Industry PE
  • Investors are optimistic on the Canadian Oil and Gas Exploration and Production industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 12.3x which is higher than its 3-year average PE of 9.8x.
  • The industry is trading close to its 3-year average PS ratio of 2.1x.
Past Earnings Growth
  • The earnings for companies in the Oil and Gas Exploration and Production industry have declined 18% per year over the last three years,
  • Revenues have also declined 2.6% per year.
  • This means overall sales from these companies are declining and profits are subsequently falling as well.

Industry Comparison

How does Canadian Oil and Gas Exploration and Production compare with similar industries?

CA Market1.45%
Energy1.09%
Oil and Gas1.08%
Oil and Gas Exploration and Production0.11%
Coal and Fuels16.22%
Oil and Gas Refining and Marketing1.94%
Integrated Oil and Gas0.18%
Oil and Gas Storage and Transportation-0.11%
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
WCP Whitecap ResourcesCA$8.752.5%
+CA$258.6m
-17.2%PE11.8x
FEC Frontera EnergyCA$5.8627.7%
+CA$98.2m
-32.4%PE27.6x
PXT Parex ResourcesCA$13.636.6%
+CA$81.9m
-39.6%PE11.8x
SCR Strathcona ResourcesCA$29.001.3%
+CA$77.1m
-16.4%PE8.8x
MEG MEG EnergyCA$24.791.1%
+CA$71.2m
-16.7%PE10.2x
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Latest News

VLE

CA$6.91

Valeura Energy

7D

-2.4%

1Y

23.6%

TOU

CA$63.59

Tourmaline Oil

7D

-3.0%

1Y

-3.9%

PEY

CA$18.88

Peyto Exploration & Development

7D

-1.9%

1Y

22.3%

SCR

CA$29.00

Strathcona Resources

7D

1.3%

1Y

-16.4%

MEG

CA$24.79

MEG Energy

7D

1.1%

1Y

-16.7%

LGN

CA$0.61

Logan Energy

7D

-4.7%

1Y

-30.7%

CNQ

CA$42.55

Canadian Natural Resources

7D

-0.1%

1Y

-17.4%

TNZ

CA$17.89

Tenaz Energy

7D

10.8%

1Y

375.8%

TPZ

CA$25.44

Topaz Energy

7D

1.8%

1Y

14.2%

WIL

CA$0.65

Wilton Resources

7D

-22.6%

1Y

-40.9%

AAV

CA$11.26

Advantage Energy

7D

3.9%

1Y

-2.2%

PSK

CA$22.80

PrairieSky Royalty

7D

-1.7%

1Y

-13.7%

TPL

CA$1.10

Tethys Petroleum

7D

-15.4%

1Y

31.0%