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

UpdatedMay 24, 2022
DataAggregated Company Financials
Companies124
  • 7D0.3%
  • 3M22.9%
  • 1Y107.1%
  • YTD43.9%

Last week, the Oil and Gas Exploration and Production industry hasn't moved much but Ovintiv is up 6.5% in that time. As for the the longer term, the industry is up 107% over the past 12 months. Looking forward, earnings are forecast to decline by 3.4% per year.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPE
Tue, 24 May 2022CA$225.9bCA$95.9bCA$30.4b6.7x
Thu, 21 Apr 2022CA$237.1bCA$82.5bCA$26.3b6.3x
Sat, 19 Mar 2022CA$206.2bCA$82.9bCA$26.2b5.8x
Mon, 14 Feb 2022CA$190.5bCA$71.1bCA$18.6b6x
Wed, 12 Jan 2022CA$171.1bCA$69.2bCA$17.9b5.5x
Fri, 10 Dec 2021CA$150.2bCA$69.3bCA$17.9b5.8x
Sun, 07 Nov 2021CA$156.6bCA$64.4bCA$17.1b7.3x
Tue, 05 Oct 2021CA$142.6bCA$58.2bCA$9.8b7.8x
Thu, 02 Sep 2021CA$121.3bCA$58.0bCA$9.8b7.7x
Sat, 31 Jul 2021CA$116.5bCA$58.0bCA$9.8b6.9x
Tue, 04 May 2021CA$100.9bCA$46.6b-CA$4,346,058,608.188.3x
Fri, 05 Feb 2021CA$70.7bCA$41.8b-CA$22,885,505,798.574.6x
Mon, 09 Nov 2020CA$50.4bCA$45.0b-CA$27,506,738,874.387.9x
Sun, 02 Aug 2020CA$53.4bCA$49.1b-CA$24,516,682,280.3510.1x
Wed, 06 May 2020CA$52.2bCA$57.7b-CA$12,779,814,113.247.8x
Sat, 08 Feb 2020CA$86.1bCA$59.4bCA$4.2b9.3x
Fri, 01 Nov 2019CA$80.1bCA$55.5bCA$4.2b8.2x
Mon, 05 Aug 2019CA$90.0bCA$55.5bCA$5.7b8.3x
Median PE Ratio

9.4x


Total Market Cap: CA$97.0bTotal Earnings: CA$1.4bTotal Revenue: CA$55.1bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Oil and Gas Exploration and Production Industry Median PE3Y Average 7.7x202020212022
Current Industry PE
  • Investors are relatively neutral on the industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PE ratio of 7.7x.
  • Future earnings are expected to decline by 3.4% which could cause market valuations to fall.
Past Earnings Growth
  • The earnings for companies in the Oil and Gas Exploration and Production industry have grown 179% per year over the last three years.
  • Revenues for these companies have grown 20% 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 Market0.16%
Energy0.93%
Oil and Gas0.94%
Oil and Gas Exploration and Production0.27%
Coal and Fuels2.99%
Integrated Oil and Gas2.24%
Oil and Gas Refining and Marketing0.75%
Oil and Gas Storage and Transportation0.47%
Industry PEThere is insufficient data on the sub-industries of this industry.
Forecasted GrowthThere is insufficient data on the sub-industries of this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
CNQ Canadian Natural ResourcesCA$82.462.1%
+CA$1.9b
108.0%PS10.1x
OVV OvintivCA$60.566.5%
+CA$957.7m
101.9%PS14.1x
TOU Tourmaline OilCA$72.643.7%
+CA$867.3m
151.4%PS11.9x
MEG MEG EnergyCA$21.355.1%
+CA$323.0m
189.3%PS10x
CPG Crescent Point EnergyCA$10.315.1%
+CA$285.8m
123.2%PS1.7x
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