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

UpdatedApr 17, 2025
DataAggregated Company Financials
Companies119
  • 7D0.5%
  • 3M-11.7%
  • 1Y-20.5%
  • YTDn/a

Over the last 7 days, the Oil and Gas Exploration and Production industry has remained flat, although notably Tourmaline Oil gained 4.9%. Unfortunately though, the industry is down 20% over the past 12 months. Looking forward, earnings are forecast to grow by 6.3% 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
Thu, 17 Apr 2025CA$184.9bCA$89.1bCA$13.2b10.3x14x2.1x
Sat, 15 Mar 2025CA$199.1bCA$89.5bCA$12.9b11.4x15.4x2.2x
Mon, 10 Feb 2025CA$209.7bCA$90.0bCA$14.6b10.2x14.4x2.3x
Wed, 08 Jan 2025CA$223.5bCA$89.8bCA$14.7b10.7x15.2x2.5x
Fri, 06 Dec 2024CA$216.5bCA$89.7bCA$14.7b10.1x14.7x2.4x
Sun, 03 Nov 2024CA$213.6bCA$90.8bCA$14.8b9.8x14.4x2.4x
Tue, 01 Oct 2024CA$207.5bCA$91.9bCA$14.4b10.3x14.4x2.3x
Thu, 29 Aug 2024CA$227.2bCA$91.8bCA$14.4b9.9x15.7x2.5x
Sat, 27 Jul 2024CA$221.6bCA$89.8bCA$15.6b10.9x14.2x2.5x
Mon, 24 Jun 2024CA$220.5bCA$89.1bCA$15.6b10.9x14.2x2.5x
Wed, 22 May 2024CA$245.7bCA$90.8bCA$16.1b10.7x15.3x2.7x
Fri, 19 Apr 2024CA$244.5bCA$91.4bCA$19.8b8.9x12.4x2.7x
Sun, 17 Mar 2024CA$228.6bCA$86.8bCA$19.4b8.2x11.8x2.6x
Tue, 13 Feb 2024CA$214.8bCA$104.2bCA$24.4b6.1x8.8x2.1x
Thu, 11 Jan 2024CA$223.9bCA$105.7bCA$24.9b5.8x9x2.1x
Sat, 09 Dec 2023CA$219.0bCA$106.1bCA$25.0b5.7x8.8x2.1x
Mon, 06 Nov 2023CA$251.6bCA$108.9bCA$27.0b6.3x9.3x2.3x
Wed, 04 Oct 2023CA$232.2bCA$110.4bCA$31.7b5.7x7.3x2.1x
Fri, 01 Sep 2023CA$234.9bCA$110.0bCA$31.7b5.6x7.4x2.1x
Sun, 30 Jul 2023CA$220.2bCA$120.5bCA$36.4b4.7x6x1.8x
Tue, 27 Jun 2023CA$198.1bCA$121.7bCA$38.8b4x5.1x1.6x
Thu, 25 May 2023CA$206.2bCA$122.9bCA$39.3b3.9x5.2x1.7x
Sat, 22 Apr 2023CA$212.8bCA$126.5bCA$40.4b3.8x5.3x1.7x
Mon, 20 Mar 2023CA$188.0bCA$126.7bCA$40.4b3.7x4.7x1.5x
Wed, 15 Feb 2023CA$221.1bCA$122.7bCA$43.1b4.1x5.1x1.8x
Fri, 13 Jan 2023CA$216.6bCA$123.4bCA$43.0b3.9x5x1.8x
Sun, 11 Dec 2022CA$214.3bCA$123.9bCA$43.1b4x5x1.7x
Tue, 08 Nov 2022CA$243.6bCA$119.8bCA$40.1b5.3x6.1x2x
Thu, 06 Oct 2022CA$223.1bCA$114.1bCA$35.9b4.8x6.2x2x
Sat, 03 Sep 2022CA$219.7bCA$113.0bCA$35.6b4.8x6.2x1.9x
Mon, 01 Aug 2022CA$223.1bCA$101.9bCA$29.6b6.4x7.5x2.2x
Wed, 29 Jun 2022CA$214.3bCA$96.6bCA$30.6b6.3x7x2.2x
Fri, 27 May 2022CA$239.2bCA$96.2bCA$30.4b7.4x7.9x2.5x
Sun, 24 Apr 2022CA$222.5bCA$82.9bCA$26.4b5.7x8.4x2.7x
Price to Earnings Ratio

8.4x


Total Market Cap: CA$222.5bTotal Earnings: CA$26.4bTotal Revenue: CA$82.9bTotal 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 14.0x 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 21% per year over the last three years.
  • Meanwhile revenues for these companies have grown 2.5% 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 Market2.09%
Energy0.94%
Oil and Gas1.00%
Oil and Gas Exploration and Production0.52%
Oil and Gas Storage and Transportation4.20%
Coal and Fuels1.67%
Oil and Gas Refining and Marketing-2.89%
Integrated Oil and Gas-4.05%
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
CNQ Canadian Natural ResourcesCA$39.888.9%
+CA$6.9b		-24.6%PE13.7x
TOU Tourmaline OilCA$62.599.8%
+CA$2.1b		-2.4%PE18.5x
ARX ARC ResourcesCA$27.5212.9%
+CA$1.9b		10.2%PE14.4x
VRN VerenCA$8.4811.3%
+CA$526.2m		-27.2%PE18.3x
WCP Whitecap ResourcesCA$8.199.9%
+CA$434.7m		-20.7%PE5.9x
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Latest News

SCR

CA$26.13

Strathcona Resources

7D

8.2%

1Y

-21.2%

TAL

CA$0.57

PetroTal

7D

-3.4%

1Y

-31.3%

WCP

CA$8.19

Whitecap Resources

7D

9.9%

1Y

-20.7%

PEY

CA$17.96

Peyto Exploration & Development

7D

12.3%

1Y

21.2%

TXP

CA$0.34

Touchstone Exploration

7D

-9.2%

1Y

-54.0%

CDR

CA$1.46

Condor Energies

7D

-11.0%

1Y

-25.1%

PRQ

CA$1.26

Petrus Resources

7D

-5.3%

1Y

-2.3%

These 4 Measures Indicate That Petrus Resources (TSE:PRQ) Is Using Debt Extensively

Apr 09
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ARX

CA$27.52

ARC Resources

7D

12.9%

1Y

10.2%

TOU

CA$62.59

Tourmaline Oil

7D

9.8%

1Y

-2.4%

CNQ

CA$39.88

Canadian Natural Resources

7D

8.9%

1Y

-24.6%

VRN

CA$8.48

Veren

7D

11.3%

1Y

-27.2%

MEG

CA$20.93

MEG Energy

7D

7.5%

1Y

-33.1%

AFE

CA$0.035

Africa Energy

7D

-12.5%

1Y

-53.3%

CNE

CA$3.09

Canacol Energy

7D

-5.2%

1Y

-32.7%

WIL

CA$0.48

Wilton Resources

7D

-11.1%

1Y

-35.1%

TPL

CA$1.27

Tethys Petroleum

7D

-20.6%

1Y

41.1%