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

UpdatedDec 21, 2024
DataAggregated Company Financials
Companies122
  • 7D-4.8%
  • 3M-3.9%
  • 1Y0.5%
  • YTDn/a

Over the last 7 days, the Oil and Gas Exploration and Production industry has dropped 5.6%, driven by a pullback from Canadian Natural Resources of 5.6%. Meanwhile, ShaMaran Petroleum actually outperformed within the industry, gaining 9.1% in the last week. As for the longer term, the industry's performance has been flat for the past year. Earnings are forecast to grow by 8.7% 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
Sat, 21 Dec 2024CA$201.7bCA$89.8bCA$14.7b9.5x13.7x2.2x
Mon, 18 Nov 2024CA$215.9bCA$89.7bCA$15.2b9.8x14.2x2.4x
Wed, 16 Oct 2024CA$219.2bCA$91.7bCA$14.4b10.1x15.2x2.4x
Fri, 13 Sep 2024CA$204.2bCA$91.9bCA$14.4b10.5x14.1x2.2x
Sun, 11 Aug 2024CA$217.4bCA$91.6bCA$14.7b9.8x14.8x2.4x
Tue, 09 Jul 2024CA$227.7bCA$89.1bCA$15.5b11.4x14.7x2.6x
Thu, 06 Jun 2024CA$227.8bCA$89.1bCA$15.6b11.6x14.6x2.6x
Sat, 04 May 2024CA$240.5bCA$90.8bCA$18.2b8.8x13.2x2.6x
Mon, 01 Apr 2024CA$238.6bCA$91.3bCA$19.7b8.8x12.1x2.6x
Wed, 28 Feb 2024CA$213.9bCA$88.9bCA$20.6b6.9x10.4x2.4x
Fri, 26 Jan 2024CA$220.5bCA$105.9bCA$24.9b5.9x8.8x2.1x
Sun, 24 Dec 2023CA$223.5bCA$105.5bCA$24.8b5.6x9x2.1x
Tue, 21 Nov 2023CA$238.8bCA$106.4bCA$25.0b6.2x9.5x2.2x
Thu, 19 Oct 2023CA$252.5bCA$110.5bCA$31.7b5.9x8x2.3x
Sat, 16 Sep 2023CA$239.0bCA$110.1bCA$31.6b6.1x7.6x2.2x
Mon, 14 Aug 2023CA$232.0bCA$109.8bCA$31.5b5.7x7.4x2.1x
Wed, 12 Jul 2023CA$212.7bCA$121.9bCA$38.8b4.3x5.5x1.7x
Fri, 09 Jun 2023CA$203.8bCA$122.2bCA$38.9b4.1x5.2x1.7x
Sun, 07 May 2023CA$204.7bCA$124.4bCA$38.7b3.9x5.3x1.6x
Tue, 04 Apr 2023CA$212.5bCA$126.3bCA$40.4b3.9x5.3x1.7x
Thu, 02 Mar 2023CA$214.5bCA$124.4bCA$43.2b3.9x5x1.7x
Sat, 28 Jan 2023CA$225.8bCA$123.3bCA$43.0b4.2x5.3x1.8x
Mon, 26 Dec 2022CA$220.8bCA$123.9bCA$43.1b4x5.1x1.8x
Wed, 23 Nov 2022CA$236.5bCA$123.4bCA$42.8b4.5x5.5x1.9x
Fri, 21 Oct 2022CA$227.2bCA$114.2bCA$35.9b4.8x6.3x2x
Sun, 18 Sep 2022CA$217.4bCA$113.3bCA$35.7b4.9x6.1x1.9x
Tue, 16 Aug 2022CA$215.5bCA$112.4bCA$35.4b4.9x6.1x1.9x
Thu, 14 Jul 2022CA$189.0bCA$96.7bCA$30.5b5.3x6.2x2x
Sat, 11 Jun 2022CA$255.5bCA$96.5bCA$30.5b7.8x8.4x2.6x
Mon, 09 May 2022CA$233.9bCA$92.2bCA$29.4b6.5x8x2.5x
Wed, 06 Apr 2022CA$216.9bCA$82.4bCA$26.2b5.7x8.3x2.6x
Fri, 04 Mar 2022CA$200.7bCA$75.0bCA$23.6b5.7x8.5x2.7x
Sun, 30 Jan 2022CA$179.5bCA$69.6bCA$17.9b5.6x10.1x2.6x
Tue, 28 Dec 2021CA$148.9bCA$69.4bCA$17.9b5.3x8.3x2.1x
Price to Earnings Ratio

8.3x


Total Market Cap: CA$148.9bTotal 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 9x202220232024
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 13.8x which is higher than its 3-year average PE of 8.9x.
  • The industry is trading close to its 3-year average PS ratio of 2.2x.
Past Earnings Growth
  • The earnings for companies in the Oil and Gas Exploration and Production industry have declined 6.4% 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 Market-2.58%
Energy-3.53%
Oil and Gas-3.55%
Oil and Gas Exploration and Production-4.76%
Oil and Gas Storage and Transportation-0.98%
Coal and Fuels-3.47%
Oil and Gas Refining and Marketing-5.53%
Integrated Oil and Gas-5.89%
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
GASX NG Energy InternationalCA$1.106.8%
+CA$17.9m		31.0%PS6.8x
AXL Arrow ExplorationCA$0.4410.0%
+CA$11.4m		44.3%PE145.6x
JEV Jericho Energy VenturesCA$0.1323.8%
+CA$7.0m		-35.0%PS451.5x
SDE Spartan DeltaCA$3.131.3%
+CA$6.9m		5.0%PE3.9x
KEI Kolibri Global EnergyCA$8.001.7%
+CA$4.6m		73.9%PE11.5x
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