Is There An Opportunity With NuVista Energy Ltd.'s (TSE:NVA) 42% Undervaluation?
Sep 19
Have your own idea? Try our Stock Screener
Canadian (TSX) Oil and Gas Exploration and Production Industry Analysis
UpdatedSep 25, 2025
DataAggregated Company Financials
Companies115
- 7D1.6%
- 3M5.4%
- 1Y6.6%
- YTDn/a
Over the last 7 days, the Oil and Gas Exploration and Production industry has risen 1.6%, driven by gains from Canadian Natural Resources of 0.9%. During this same period, the Reconnaissance Energy Africa underperformed, falling 28%. In the last 12 months, the industry was up 6.6%. Looking forward, earnings are expected to remain mostly flat in the next few years.
Industry Valuation and Performance
Has the Canadian Oil and Gas Exploration and Production Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 25 Sep 2025 | CA$220.3b | CA$87.7b | CA$17.8b | 10.3x | 12.4x | 2.5x |
| Sat, 23 Aug 2025 | CA$209.3b | CA$87.8b | CA$17.9b | 10.3x | 11.7x | 2.4x |
| Mon, 21 Jul 2025 | CA$210.5b | CA$88.8b | CA$16.8b | 10.3x | 12.5x | 2.4x |
| Wed, 18 Jun 2025 | CA$219.9b | CA$88.7b | CA$16.8b | 10.9x | 13.1x | 2.5x |
| Fri, 16 May 2025 | CA$206.3b | CA$88.7b | CA$16.7b | 8.7x | 12.3x | 2.3x |
| Sun, 13 Apr 2025 | CA$182.0b | CA$89.1b | CA$13.2b | 9.8x | 13.8x | 2x |
| Tue, 11 Mar 2025 | CA$195.6b | CA$89.5b | CA$13.0b | 10.4x | 15x | 2.2x |
| Thu, 06 Feb 2025 | CA$212.0b | CA$89.8b | CA$14.7b | 10.4x | 14.4x | 2.4x |
| Sat, 04 Jan 2025 | CA$219.8b | CA$89.9b | CA$14.7b | 10.5x | 14.9x | 2.4x |
| Mon, 02 Dec 2024 | CA$221.6b | CA$89.6b | CA$14.7b | 10.3x | 15.1x | 2.5x |
| Wed, 30 Oct 2024 | CA$217.6b | CA$91.7b | CA$14.5b | 9.9x | 15x | 2.4x |
| Fri, 27 Sep 2024 | CA$209.7b | CA$91.8b | CA$14.4b | 10x | 14.5x | 2.3x |
| Sun, 25 Aug 2024 | CA$227.0b | CA$91.8b | CA$14.4b | 10.2x | 15.7x | 2.5x |
| Tue, 23 Jul 2024 | CA$224.9b | CA$89.3b | CA$15.6b | 11.1x | 14.4x | 2.5x |
| Thu, 20 Jun 2024 | CA$222.6b | CA$89.1b | CA$15.6b | 10.9x | 14.3x | 2.5x |
| Sat, 18 May 2024 | CA$241.3b | CA$90.9b | CA$16.0b | 10.9x | 15.1x | 2.7x |
| Mon, 15 Apr 2024 | CA$250.8b | CA$91.4b | CA$19.7b | 9.3x | 12.7x | 2.7x |
| Wed, 13 Mar 2024 | CA$224.1b | CA$87.0b | CA$19.5b | 7.9x | 11.5x | 2.6x |
| Fri, 09 Feb 2024 | CA$210.5b | CA$105.0b | CA$24.7b | 6.1x | 8.5x | 2x |
| Sun, 07 Jan 2024 | CA$228.4b | CA$105.7b | CA$24.9b | 5.9x | 9.2x | 2.2x |
| Tue, 05 Dec 2023 | CA$236.8b | CA$106.0b | CA$25.0b | 5.7x | 9.5x | 2.2x |
| Thu, 02 Nov 2023 | CA$247.0b | CA$110.8b | CA$31.2b | 6x | 7.9x | 2.2x |
| Sat, 30 Sep 2023 | CA$240.8b | CA$110.2b | CA$31.6b | 5.9x | 7.6x | 2.2x |
| Mon, 28 Aug 2023 | CA$225.8b | CA$110.2b | CA$31.7b | 5.8x | 7.1x | 2x |
| Wed, 26 Jul 2023 | CA$221.4b | CA$121.7b | CA$38.7b | 4.3x | 5.7x | 1.8x |
| Fri, 23 Jun 2023 | CA$200.8b | CA$123.1b | CA$39.5b | 3.9x | 5.1x | 1.6x |
| Sun, 21 May 2023 | CA$204.6b | CA$122.6b | CA$39.2b | 3.9x | 5.2x | 1.7x |
| Tue, 18 Apr 2023 | CA$217.0b | CA$126.2b | CA$40.3b | 3.9x | 5.4x | 1.7x |
| Thu, 16 Mar 2023 | CA$189.0b | CA$126.6b | CA$40.9b | 3.5x | 4.6x | 1.5x |
| Sat, 11 Feb 2023 | CA$220.3b | CA$122.8b | CA$43.1b | 4x | 5.1x | 1.8x |
| Mon, 09 Jan 2023 | CA$206.7b | CA$123.6b | CA$43.0b | 3.9x | 4.8x | 1.7x |
| Wed, 07 Dec 2022 | CA$218.9b | CA$124.0b | CA$43.1b | 4.1x | 5.1x | 1.8x |
| Fri, 04 Nov 2022 | CA$239.6b | CA$115.1b | CA$35.3b | 5.2x | 6.8x | 2.1x |
| Sun, 02 Oct 2022 | CA$198.5b | CA$114.2b | CA$35.9b | 4.2x | 5.5x | 1.7x |
Price to Earnings Ratio
5.5x
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 12.4x which is higher than its 3-year average PE of 10.4x.
- The 3-year average PS ratio of 2.2x is lower than the industry's current PS ratio of 2.5x.
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 8.4% 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 Market | 1.43% | |
| Energy | 2.26% | |
| Oil and Gas | 2.26% | |
| Oil and Gas Exploration and Production | 1.58% | |
| Coal and Fuels | 5.03% | |
| Oil and Gas Refining and Marketing | 4.62% | |
| Oil and Gas Storage and Transportation | 2.94% | |
| Integrated Oil and Gas | 0.80% | |
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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| CNQ Canadian Natural Resources | CA$45.27 | 0.8% +CA$793.7m | 3.0% | PE11.4x | |
| ARX ARC Resources | CA$26.07 | 4.8% +CA$697.7m | 19.7% | PE10.1x | |
| TOU Tourmaline Oil | CA$63.65 | 2.8% +CA$688.3m | 7.8% | PE16.5x | |
| POU Paramount Resources | CA$22.81 | 10.8% +CA$318.8m | -10.5% | PE2.2x | |
| PSK PrairieSky Royalty | CA$26.42 | 5.3% +CA$312.0m | -2.7% | PE27.9x |