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

UpdatedJul 12, 2024
DataAggregated Company Financials
Companies126
  • 7D-0.9%
  • 3M-5.9%
  • 1Y15.5%
  • YTDn/a

Over the last 7 days, the Oil and Gas Exploration and Production industry has remained flat, although notably ARC Resources declined by 5.2%. As for the the longer term, the industry is up 16% over the past 12 months. Looking forward, earnings are forecast to grow by 12% 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
Fri, 12 Jul 2024CA$226.3bCA$89.1bCA$15.5b11.5x14.6x2.5x
Sun, 09 Jun 2024CA$228.0bCA$89.1bCA$15.6b11.2x14.6x2.6x
Tue, 07 May 2024CA$244.1bCA$90.8bCA$18.1b9x13.5x2.7x
Thu, 04 Apr 2024CA$244.0bCA$91.3bCA$19.7b9x12.4x2.7x
Sat, 02 Mar 2024CA$221.5bCA$88.5bCA$20.6b7.5x10.8x2.5x
Mon, 29 Jan 2024CA$223.4bCA$105.8bCA$24.9b5.9x9x2.1x
Wed, 27 Dec 2023CA$224.0bCA$105.5bCA$24.8b5.6x9x2.1x
Fri, 24 Nov 2023CA$234.9bCA$106.4bCA$25.0b6.2x9.4x2.2x
Sun, 22 Oct 2023CA$249.9bCA$110.5bCA$31.7b6x7.9x2.3x
Tue, 19 Sep 2023CA$240.0bCA$110.1bCA$31.6b6x7.6x2.2x
Thu, 17 Aug 2023CA$225.4bCA$110.7bCA$31.7b5.4x7.1x2x
Sat, 15 Jul 2023CA$209.8bCA$121.9bCA$38.8b4.1x5.4x1.7x
Mon, 12 Jun 2023CA$203.9bCA$122.1bCA$38.9b4x5.2x1.7x
Wed, 10 May 2023CA$204.2bCA$124.1bCA$38.8b3.9x5.3x1.6x
Fri, 07 Apr 2023CA$210.3bCA$126.4bCA$40.4b3.8x5.2x1.7x
Sun, 05 Mar 2023CA$219.9bCA$124.8bCA$41.0b4x5.4x1.8x
Tue, 31 Jan 2023CA$220.0bCA$123.5bCA$43.0b4.2x5.1x1.8x
Thu, 29 Dec 2022CA$214.2bCA$123.9bCA$43.1b3.8x5x1.7x
Sat, 26 Nov 2022CA$234.2bCA$123.4bCA$43.0b4.4x5.4x1.9x
Mon, 24 Oct 2022CA$229.6bCA$114.2bCA$35.9b4.9x6.4x2x
Wed, 21 Sep 2022CA$216.5bCA$113.5bCA$35.7b4.9x6.1x1.9x
Fri, 19 Aug 2022CA$219.0bCA$112.4bCA$35.4b5x6.2x1.9x
Sun, 17 Jul 2022CA$189.2bCA$96.8bCA$30.5b5.4x6.2x2x
Tue, 14 Jun 2022CA$246.9bCA$96.6bCA$30.6b7.5x8.1x2.6x
Thu, 12 May 2022CA$213.9bCA$92.6bCA$28.7b6.1x7.4x2.3x
Sat, 09 Apr 2022CA$223.7bCA$82.6bCA$26.3b6.2x8.5x2.7x
Mon, 07 Mar 2022CA$208.0bCA$81.2bCA$26.0b5.6x8x2.6x
Wed, 02 Feb 2022CA$187.5bCA$69.5bCA$17.9b5.9x10.5x2.7x
Fri, 31 Dec 2021CA$151.4bCA$69.4bCA$17.9b5.4x8.4x2.2x
Sun, 28 Nov 2021CA$148.9bCA$69.4bCA$18.2b6.2x8.2x2.1x
Tue, 26 Oct 2021CA$153.5bCA$58.0bCA$9.8b10.4x15.7x2.6x
Thu, 23 Sep 2021CA$126.9bCA$58.3bCA$9.7b7.6x13x2.2x
Sat, 21 Aug 2021CA$106.2bCA$58.0bCA$9.8b6.8x10.8x1.8x
Price to Earnings Ratio

11.8x


Total Market Cap: CA$115.6bTotal Earnings: CA$9.8bTotal Revenue: CA$58.0bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Oil and Gas Exploration and Production Industry Price to Earnings3Y Average 8.4x202220232024
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 14.6x which is higher than its 3-year average PE of 8.4x.
  • The 3-year average PS ratio of 2.2x is lower than the industry's current PS ratio of 2.5x.
Past Earnings Growth
  • The earnings for companies in the Oil and Gas Exploration and Production industry have grown 17% per year over the last three years.
  • Revenues for these companies have grown 15% 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 Exploration and Production compare with similar industries?

CA Market1.19%
Energy-0.32%
Oil and Gas-0.28%
Oil and Gas Exploration and Production-0.87%
Coal and Fuels7.04%
Oil and Gas Storage and Transportation0.13%
Integrated Oil and Gas-1.75%
Oil and Gas Refining and Marketing-3.26%
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
PSK PrairieSky RoyaltyCA$27.955.4%
+CA$339.3m
11.5%PE30.6x
CNQ Canadian Natural ResourcesCA$49.220.3%
+CA$221.0m
31.5%PE14.1x
BTE Baytex EnergyCA$5.075.2%
+CA$186.5m
11.4%PS1.3x
SCR Strathcona ResourcesCA$32.032.0%
+CA$135.0m
n/aPE11.5x
IPCO International PetroleumCA$20.015.0%
+CA$111.9m
70.0%PE10.8x
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Latest News

AAV

CA$9.94

Advantage Energy

7D

-1.5%

1Y

14.3%

SCR

CA$32.03

Strathcona Resources

7D

2.0%

1Y

n/a

PLSR

CA$0.54

Pulsar Helium

7D

-28.0%

1Y

n/a

VRN

CA$10.91

Veren

7D

1.2%

1Y

16.8%

RECO

CA$1.48

Reconnaissance Energy Africa

7D

-15.4%

1Y

5.0%

CNQ

CA$49.22

Canadian Natural Resources

7D

0.3%

1Y

31.5%

MEG

CA$28.44

MEG Energy

7D

-1.4%

1Y

24.1%

PSK

CA$27.95

PrairieSky Royalty

7D

5.4%

1Y

11.5%

SEI

CA$1.23

Sintana Energy

7D

-7.5%

1Y

355.6%

TVE

CA$3.89

Tamarack Valley Energy

7D

4.0%

1Y

7.2%

ERF

CA$27.40

Enerplus

7D

-0.6%

1Y

38.5%

TPZ

CA$25.11

Topaz Energy

7D

2.5%

1Y

20.0%

BTE

CA$5.07

Baytex Energy

7D

5.2%

1Y

11.4%

PIPE

CA$1.94

Pipestone Energy

7D

-13.4%

1Y

-55.7%