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

UpdatedAug 10, 2025
DataAggregated Company Financials
Companies114
  • 7D-1.2%
  • 3M1.5%
  • 1Y-4.3%
  • YTDn/a

Over the last 7 days, the Oil and Gas Exploration and Production industry has dropped 2.9%, driven by a pullback from Canadian Natural Resources of 2.4%. However, the industry is down 3.5% over the past year. As for the next few years, earnings are forecast to decline by 1.4% 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
Sun, 10 Aug 2025CA$207.5bCA$87.1bCA$18.5b10.4x11.2x2.4x
Tue, 08 Jul 2025CA$211.4bCA$88.7bCA$16.8b9.8x12.6x2.4x
Thu, 05 Jun 2025CA$207.7bCA$88.8bCA$16.8b10.9x12.4x2.3x
Sat, 03 May 2025CA$188.5bCA$89.2bCA$13.3b9x14.2x2.1x
Mon, 31 Mar 2025CA$212.0bCA$89.3bCA$13.2b12.6x16.1x2.4x
Wed, 26 Feb 2025CA$206.4bCA$89.7bCA$14.0b10.2x14.8x2.3x
Fri, 24 Jan 2025CA$220.3bCA$89.8bCA$14.7b10.8x15x2.5x
Sun, 22 Dec 2024CA$202.6bCA$89.8bCA$14.7b9.5x13.8x2.3x
Tue, 19 Nov 2024CA$217.7bCA$89.7bCA$15.2b10x14.3x2.4x
Thu, 17 Oct 2024CA$217.8bCA$91.7bCA$14.4b10.1x15.1x2.4x
Sat, 14 Sep 2024CA$206.1bCA$91.9bCA$14.4b10.4x14.3x2.2x
Mon, 12 Aug 2024CA$217.4bCA$91.6bCA$14.7b9.8x14.8x2.4x
Wed, 10 Jul 2024CA$227.8bCA$89.1bCA$15.5b11.1x14.7x2.6x
Fri, 07 Jun 2024CA$228.7bCA$89.1bCA$15.6b11.7x14.7x2.6x
Sun, 05 May 2024CA$239.4bCA$90.9bCA$18.2b8.8x13.2x2.6x
Tue, 02 Apr 2024CA$238.6bCA$91.3bCA$19.7b8.7x12.1x2.6x
Thu, 29 Feb 2024CA$215.4bCA$89.0bCA$20.6b6.9x10.4x2.4x
Sat, 27 Jan 2024CA$224.0bCA$105.8bCA$24.9b5.9x9x2.1x
Mon, 25 Dec 2023CA$224.0bCA$105.5bCA$24.8b5.6x9x2.1x
Wed, 22 Nov 2023CA$238.8bCA$106.4bCA$25.1b6.2x9.5x2.2x
Fri, 20 Oct 2023CA$252.8bCA$110.5bCA$31.7b6x8x2.3x
Sun, 17 Sep 2023CA$240.4bCA$110.2bCA$31.6b6x7.6x2.2x
Tue, 15 Aug 2023CA$231.0bCA$109.9bCA$31.5b5.4x7.3x2.1x
Thu, 13 Jul 2023CA$213.8bCA$121.8bCA$38.8b4.2x5.5x1.8x
Sat, 10 Jun 2023CA$203.9bCA$122.1bCA$38.9b4x5.2x1.7x
Mon, 08 May 2023CA$204.7bCA$124.4bCA$38.7b3.9x5.3x1.6x
Wed, 05 Apr 2023CA$211.3bCA$126.3bCA$40.4b3.8x5.2x1.7x
Fri, 03 Mar 2023CA$215.6bCA$124.4bCA$43.2b3.9x5x1.7x
Sun, 29 Jan 2023CA$225.8bCA$123.3bCA$43.0b4.2x5.3x1.8x
Tue, 27 Dec 2022CA$220.8bCA$123.9bCA$43.1b4x5.1x1.8x
Thu, 24 Nov 2022CA$233.5bCA$123.4bCA$42.8b4.5x5.5x1.9x
Sat, 22 Oct 2022CA$229.6bCA$114.2bCA$35.9b4.9x6.4x2x
Mon, 19 Sep 2022CA$217.4bCA$113.3bCA$35.7b4.9x6.1x1.9x
Wed, 17 Aug 2022CA$211.2bCA$112.3bCA$35.4b4.7x6x1.9x
Price to Earnings Ratio

6x


Total Market Cap: CA$211.2bTotal Earnings: CA$35.4bTotal Revenue: CA$112.3bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Oil and Gas Exploration and Production Industry Price to Earnings3Y Average 10.1x202320242025
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 12.2x which is higher than its 3-year average PE of 10.1x.
  • 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 21% per year over the last three years,
  • Revenues have also declined 7.8% 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 Market1.30%
Energy0.60%
Oil and Gas0.60%
Oil and Gas Exploration and Production-1.20%
Coal and Fuels5.17%
Oil and Gas Refining and Marketing1.27%
Integrated Oil and Gas0.98%
Oil and Gas Storage and Transportation0.79%
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
SCR Strathcona ResourcesCA$33.942.9%
+CA$207.8m		14.0%PE12.4x
TOU Tourmaline OilCA$57.970.6%
+CA$139.3m		-0.5%PE15.1x
IPCO International PetroleumCA$23.834.4%
+CA$113.3m		24.1%PE36.8x
PSK PrairieSky RoyaltyCA$23.821.8%
+CA$96.2m		-10.9%PE25.1x
SDE Spartan DeltaCA$4.948.1%
+CA$74.1m		28.6%PE26.7x

Latest News

TOU
CA$57.97
Tourmaline Oil
7D
0.6%
1Y
-0.5%
SDE
CA$4.94
Spartan Delta
7D
8.1%
1Y
28.6%
SCR
CA$33.94
Strathcona Resources
7D
2.9%
1Y
14.0%
VET
CA$10.34
Vermilion Energy
7D
-5.8%
1Y
-24.0%
CNQ
CA$41.71
Canadian Natural Resources
7D
-2.4%
1Y
-12.8%
KEL
CA$6.67
Kelt Exploration
7D
-7.1%
1Y
18.7%
VLE
CA$8.29
Valeura Energy
7D
-9.0%
1Y
84.2%
IPCO
CA$23.83
International Petroleum
7D
4.4%
1Y
24.1%

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FO
CA$0.14
Falcon Oil & Gas
7D
22.7%
1Y
42.1%

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Aug 07
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PXT
CA$16.42
Parex Resources
7D
2.9%
1Y
-1.8%
ARX
CA$27.14
ARC Resources
7D
-0.8%
1Y
15.4%
MEG
CA$25.96
MEG Energy
7D
-2.4%
1Y
-3.4%
WCP
CA$10.11
Whitecap Resources
7D
-1.9%
1Y
1.2%
SNM
CA$0.21
ShaMaran Petroleum
7D
4.9%
1Y
168.8%
PSK
CA$23.82
PrairieSky Royalty
7D
1.8%
1Y
-10.9%
BIR
CA$6.37
Birchcliff Energy
7D
-4.1%
1Y
13.3%

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Jun 26
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