Investing IdeasBrowse All StocksMarkets

Have your own idea? Try our Stock Screener

Header cover image

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

UpdatedJan 20, 2025
DataAggregated Company Financials
Companies123
  • 7D-3.8%
  • 3M-1.2%
  • 1Y11.2%
  • YTDn/a

Over the last 7 days, the Oil and Gas Exploration and Production industry has dropped 3.8%, driven by a pullback from Canadian Natural Resources of 4.8%. Meanwhile, PetroTal actually outperformed within the industry, gaining 8.7% in the last week. In the past year, the industry has gained 11%. As for the next few years, earnings are expected to grow by 7.2% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 20 Jan 2025CA$218.3bCA$89.9bCA$14.7b10.9x14.8x2.4x
Wed, 18 Dec 2024CA$208.5bCA$89.8bCA$14.7b9.8x14.2x2.3x
Fri, 15 Nov 2024CA$214.8bCA$89.8bCA$15.0b9.6x14.3x2.4x
Sun, 13 Oct 2024CA$230.1bCA$91.7bCA$14.4b10.1x16x2.5x
Tue, 10 Sep 2024CA$207.4bCA$91.9bCA$14.4b10.5x14.4x2.3x
Thu, 08 Aug 2024CA$211.4bCA$91.6bCA$15.3b9.9x13.8x2.3x
Sat, 06 Jul 2024CA$232.1bCA$89.1bCA$15.5b11.6x15x2.6x
Mon, 03 Jun 2024CA$241.9bCA$89.1bCA$15.6b12.5x15.5x2.7x
Wed, 01 May 2024CA$244.7bCA$91.5bCA$19.5b8.9x12.5x2.7x
Fri, 29 Mar 2024CA$236.5bCA$91.3bCA$19.8b8.8x11.9x2.6x
Sun, 25 Feb 2024CA$229.4bCA$104.2bCA$24.0b6.7x9.6x2.2x
Tue, 23 Jan 2024CA$215.6bCA$105.9bCA$24.9b5.6x8.7x2x
Thu, 21 Dec 2023CA$223.2bCA$105.7bCA$24.9b5.6x9x2.1x
Sat, 18 Nov 2023CA$233.3bCA$106.8bCA$25.1b6.2x9.3x2.2x
Mon, 16 Oct 2023CA$248.7bCA$110.4bCA$31.7b5.7x7.9x2.3x
Wed, 13 Sep 2023CA$234.8bCA$110.2bCA$31.6b6x7.4x2.1x
Fri, 11 Aug 2023CA$230.6bCA$110.7bCA$31.5b5.6x7.3x2.1x
Sun, 09 Jul 2023CA$207.9bCA$122.0bCA$38.8b4.2x5.4x1.7x
Tue, 06 Jun 2023CA$203.6bCA$122.3bCA$38.9b4.1x5.2x1.7x
Thu, 04 May 2023CA$200.1bCA$126.6bCA$39.7b3.7x5x1.6x
Sat, 01 Apr 2023CA$202.0bCA$126.5bCA$40.4b3.7x5x1.6x
Mon, 27 Feb 2023CA$211.3bCA$123.8bCA$43.6b3.8x4.8x1.7x
Wed, 25 Jan 2023CA$223.0bCA$123.4bCA$43.0b4.2x5.2x1.8x
Fri, 23 Dec 2022CA$211.7bCA$124.0bCA$43.1b3.8x4.9x1.7x
Sun, 20 Nov 2022CA$233.3bCA$123.5bCA$42.7b4.4x5.5x1.9x
Tue, 18 Oct 2022CA$219.7bCA$114.5bCA$36.0b5x6.1x1.9x
Thu, 15 Sep 2022CA$226.4bCA$113.1bCA$35.6b5x6.4x2x
Sat, 13 Aug 2022CA$217.3bCA$112.1bCA$35.3b5x6.2x1.9x
Mon, 11 Jul 2022CA$196.7bCA$96.7bCA$30.5b5.9x6.5x2x
Wed, 08 Jun 2022CA$262.9bCA$96.0bCA$30.5b7.9x8.6x2.7x
Fri, 06 May 2022CA$235.1bCA$85.0bCA$27.8b6.1x8.5x2.8x
Sun, 03 Apr 2022CA$220.1bCA$82.7bCA$26.2b5.7x8.4x2.7x
Tue, 01 Mar 2022CA$199.7bCA$73.7bCA$22.2b6.3x9x2.7x
Thu, 27 Jan 2022CA$175.9bCA$69.4bCA$17.9b6.2x9.9x2.5x
Price to Earnings Ratio

9.9x


Total Market Cap: CA$175.9bTotal Earnings: CA$17.9bTotal Revenue: CA$69.4bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Oil and Gas Exploration and Production Industry Price to Earnings3Y Average 9.1x202320242025
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 14.8x which is higher than its 3-year average PE of 9.1x.
  • The 3-year average PS ratio of 2.2x is lower than the industry's current PS ratio of 2.4x.
Past Earnings Growth
  • The earnings for companies in the Oil and Gas Exploration and Production industry have declined 6.2% per year over the last three years.
  • Meanwhile revenues for these companies have grown 9.0% per year.
  • This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Industry Comparison

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

CA Market1.22%
Energy-0.12%
Oil and Gas-0.17%
Oil and Gas Exploration and Production-3.76%
Oil and Gas Refining and Marketing4.20%
Coal and Fuels3.46%
Oil and Gas Storage and Transportation2.13%
Integrated Oil and Gas-0.034%
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
IPCO International PetroleumCA$19.154.3%
+CA$93.8m		31.8%PE12x
VRN VerenCA$7.911.9%
+CA$92.3m		-8.4%PE11x
PSK PrairieSky RoyaltyCA$27.600.7%
+CA$47.8m		24.3%PE29.6x
TAL PetroTalCA$0.755.6%
+CA$40.4m		-6.3%PE4.3x
TPL Tethys PetroleumCA$1.4924.2%
+CA$33.3m		112.9%PS6.4x
Simply Wall St™
Simply Wall Street Pty Ltd
Level 7, 320 Pitt Street, Sydney
Download on the App StoreGet it on Google Play
Popular Markets
USAUUKINCAZA
About UsCareersPlans & PricingLogin
Help CenterLatest CoveragePodcastsAffiliate ProgramBusiness & EnterpriseWhat's New
Financial Services GuideTerms and ConditionsPrivacy Policy
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

WCP

CA$10.00

Whitecap Resources

7D

-2.2%

1Y

16.8%

Whitecap Resources (TSE:WCP) Is Paying Out A Dividend Of CA$0.0608

Jan 19
Whitecap Resources (TSE:WCP) Is Paying Out A Dividend Of CA$0.0608

IPCO

CA$19.15

International Petroleum

7D

4.3%

1Y

31.8%

International Petroleum Corporation's (TSE:IPCO) Share Price Boosted 26% But Its Business Prospects Need A Lift Too

Jan 19
International Petroleum Corporation's (TSE:IPCO) Share Price Boosted 26% But Its Business Prospects Need A Lift Too

PEY

CA$16.37

Peyto Exploration & Development

7D

-3.2%

1Y

27.0%

TAL

CA$0.75

PetroTal

7D

5.6%

1Y

-6.3%

PetroTal Corp. (TSE:TAL) Shares Fly 27% But Investors Aren't Buying For Growth

Jan 17
PetroTal Corp. (TSE:TAL) Shares Fly 27% But Investors Aren't Buying For Growth

KEI

CA$9.63

Kolibri Global Energy

7D

7.8%

1Y

120.4%

SCR

CA$29.40

Strathcona Resources

7D

-5.6%

1Y

23.1%

Strathcona Resources (TSE:SCR) Has A Pretty Healthy Balance Sheet

Jan 16
Strathcona Resources (TSE:SCR) Has A Pretty Healthy Balance Sheet

KEL

CA$7.28

Kelt Exploration

7D

1.8%

1Y

38.7%

CNQ

CA$45.01

Canadian Natural Resources

7D

-1.0%

1Y

7.0%

POU

CA$29.65

Paramount Resources

7D

-5.0%

1Y

16.2%

NVA

CA$13.43

NuVista Energy

7D

-3.2%

1Y

26.1%

VRN

CA$7.91

Veren

7D

1.9%

1Y

-8.4%

Is Veren (TSE:VRN) Using Too Much Debt?

Dec 31
Is Veren (TSE:VRN) Using Too Much Debt?

SNM

CA$0.13

ShaMaran Petroleum

7D

8.3%

1Y

188.9%

PSK

CA$27.60

PrairieSky Royalty

7D

0.7%

1Y

24.3%

ARX

CA$26.52

ARC Resources

7D

-2.1%

1Y

31.4%

ARC Resources' (TSE:ARX) Upcoming Dividend Will Be Larger Than Last Year's

Dec 20
ARC Resources' (TSE:ARX) Upcoming Dividend Will Be Larger Than Last Year's

TOU

CA$67.13

Tourmaline Oil

7D

-0.7%

1Y

19.0%

Market Participants Recognise Tourmaline Oil Corp.'s (TSE:TOU) Earnings

Dec 19
Market Participants Recognise Tourmaline Oil Corp.'s (TSE:TOU) Earnings

TPL

CA$1.49

Tethys Petroleum

7D

24.2%

1Y

112.9%