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

UpdatedApr 14, 2025
DataAggregated Company Financials
Companies119
  • 7D-0.5%
  • 3M-16.8%
  • 1Y-23.7%
  • YTDn/a

Over the last 7 days, the Oil and Gas Exploration and Production industry has dropped 3.0%, driven by Canadian Natural Resources declining 3.9%. Meanwhile, Tethys Petroleum actually outperformed within the industry, gaining 122% in the last week. However, the industry is down 25% over the past year. Looking forward, earnings are forecast to grow by 6.2% 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
Mon, 14 Apr 2025CA$182.0bCA$89.1bCA$13.2b9.8x13.8x2x
Wed, 12 Mar 2025CA$194.9bCA$89.6bCA$13.0b10.5x15x2.2x
Fri, 07 Feb 2025CA$212.0bCA$89.7bCA$14.7b10.2x14.4x2.4x
Sun, 05 Jan 2025CA$220.7bCA$89.9bCA$14.7b10.5x15x2.5x
Tue, 03 Dec 2024CA$221.6bCA$89.7bCA$14.7b10.3x15.1x2.5x
Thu, 31 Oct 2024CA$216.6bCA$91.7bCA$14.5b10x15x2.4x
Sat, 28 Sep 2024CA$203.3bCA$91.9bCA$14.4b10.1x14.1x2.2x
Mon, 26 Aug 2024CA$227.0bCA$91.8bCA$14.4b10.2x15.7x2.5x
Wed, 24 Jul 2024CA$226.6bCA$89.3bCA$15.6b11.2x14.5x2.5x
Fri, 21 Jun 2024CA$222.6bCA$89.1bCA$15.6b11.1x14.3x2.5x
Sun, 19 May 2024CA$245.7bCA$90.8bCA$16.1b11.2x15.3x2.7x
Tue, 16 Apr 2024CA$250.8bCA$91.4bCA$19.7b9.2x12.7x2.7x
Thu, 14 Mar 2024CA$224.5bCA$87.1bCA$19.5b8.1x11.5x2.6x
Sat, 10 Feb 2024CA$213.0bCA$104.6bCA$24.5b6.1x8.7x2x
Mon, 08 Jan 2024CA$228.4bCA$105.7bCA$24.9b5.9x9.2x2.2x
Wed, 06 Dec 2023CA$232.9bCA$106.1bCA$25.0b5.6x9.3x2.2x
Fri, 03 Nov 2023CA$249.4bCA$109.8bCA$28.6b6x8.7x2.3x
Sun, 01 Oct 2023CA$238.2bCA$110.3bCA$31.6b5.9x7.5x2.2x
Tue, 29 Aug 2023CA$225.8bCA$110.2bCA$31.7b5.8x7.1x2x
Thu, 27 Jul 2023CA$222.0bCA$121.5bCA$38.4b4.3x5.8x1.8x
Sat, 24 Jun 2023CA$195.7bCA$123.1bCA$39.5b3.9x5x1.6x
Mon, 22 May 2023CA$204.5bCA$122.7bCA$39.2b3.9x5.2x1.7x
Wed, 19 Apr 2023CA$216.8bCA$126.2bCA$40.3b3.9x5.4x1.7x
Fri, 17 Mar 2023CA$191.2bCA$126.6bCA$40.8b3.7x4.7x1.5x
Sun, 12 Feb 2023CA$220.3bCA$122.8bCA$43.1b4x5.1x1.8x
Tue, 10 Jan 2023CA$209.1bCA$123.5bCA$43.0b3.9x4.9x1.7x
Thu, 08 Dec 2022CA$217.5bCA$124.0bCA$43.1b4.1x5x1.8x
Sat, 05 Nov 2022CA$244.5bCA$111.6bCA$38.8b5.1x6.3x2.2x
Mon, 03 Oct 2022CA$198.5bCA$114.2bCA$35.9b4.2x5.5x1.7x
Wed, 31 Aug 2022CA$222.6bCA$112.9bCA$35.6b5.2x6.3x2x
Fri, 29 Jul 2022CA$211.8bCA$96.8bCA$30.6b6.1x6.9x2.2x
Sun, 26 Jun 2022CA$198.7bCA$96.7bCA$30.6b6.3x6.5x2.1x
Tue, 24 May 2022CA$225.9bCA$95.9bCA$30.4b6.7x7.4x2.4x
Thu, 21 Apr 2022CA$237.1bCA$82.5bCA$26.3b6.3x9x2.9x
Price to Earnings Ratio

9x


Total Market Cap: CA$237.1bTotal Earnings: CA$26.3bTotal Revenue: CA$82.5bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Oil and Gas Exploration and Production Industry Price to Earnings3Y Average 9.6x202320242025
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 9.6x.
  • 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 20% per year over the last three years.
  • Meanwhile revenues for these companies have grown 2.6% 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 Market2.97%
Energy0.053%
Oil and Gas0.045%
Oil and Gas Exploration and Production-0.46%
Coal and Fuels8.01%
Oil and Gas Storage and Transportation0.092%
Oil and Gas Refining and Marketing-0.37%
Integrated Oil and Gas-1.21%
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
TPL Tethys PetroleumCA$1.60122.2%
+CA$101.1m		70.2%PS7.1x
IPCO International PetroleumCA$17.894.1%
+CA$76.9m		1.4%PE14.5x
TPZ Topaz EnergyCA$22.632.2%
+CA$75.3m		-0.6%PE75x
SNM ShaMaran PetroleumCA$0.1911.8%
+CA$57.2m		171.4%PE4.8x
VRN VerenCA$7.971.1%
+CA$55.1m		-34.0%PE17.2x
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

PSK

CA$22.71

PrairieSky Royalty

7D

-4.8%

1Y

-17.9%

SNM

CA$0.19

ShaMaran Petroleum

7D

11.8%

1Y

171.4%

CJ

CA$5.23

Cardinal Energy

7D

-8.6%

1Y

-25.9%

SCR

CA$24.54

Strathcona Resources

7D

-2.1%

1Y

-25.8%

PEY

CA$16.77

Peyto Exploration & Development

7D

0.7%

1Y

10.4%

ARX

CA$25.06

ARC Resources

7D

-3.0%

1Y

-1.9%

BIR

CA$5.64

Birchcliff Energy

7D

-6.3%

1Y

1.6%

TOU

CA$59.47

Tourmaline Oil

7D

-4.4%

1Y

-9.4%

CNQ

CA$37.72

Canadian Natural Resources

7D

-3.9%

1Y

-30.8%

TPZ

CA$22.63

Topaz Energy

7D

2.2%

1Y

-0.6%

Topaz Energy (TSE:TPZ) Takes On Some Risk With Its Use Of Debt

Apr 08
Topaz Energy (TSE:TPZ) Takes On Some Risk With Its Use Of Debt

POU

CA$15.94

Paramount Resources

7D

1.3%

1Y

-45.8%

VRN

CA$7.97

Veren

7D

1.1%

1Y

-34.0%

HWX

CA$5.46

Headwater Exploration

7D

3.8%

1Y

-32.8%

IPCO

CA$17.89

International Petroleum

7D

4.1%

1Y

1.4%

MEG

CA$19.38

MEG Energy

7D

-2.9%

1Y

-38.3%

TPL

CA$1.60

Tethys Petroleum

7D

122.2%

1Y

70.2%