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Canadian (TSX) Oil and Gas Refining and Marketing Industry Analysis

UpdatedFeb 21, 2026
DataAggregated Company Financials
Companies3
  • 7D5.5%
  • 3M9.5%
  • 1Y43.6%
  • YTDn/a

The Oil and Gas Refining and Marketing industry is up 3.7% in the last week, with SECURE Waste Infrastructure up 5.8%. Meanwhile, Syntholene Energy actually underperformed within the industry, shrinking 8.6% in the last week. This means that the industry has gained 35% over the past year. Earnings are forecast to grow by 34% annually.

Industry Valuation and Performance

Has the Canadian Oil and Gas Refining and Marketing Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 21 Feb 2026CA$4.4bCA$10.5bCA$116.4m26.8x37.5x0.4x
Mon, 19 Jan 2026CA$4.0bCA$10.5bCA$117.9m24.2x34x0.4x
Wed, 17 Dec 2025CA$3.9bCA$10.5bCA$117.9m23.3x33x0.4x
Fri, 14 Nov 2025CA$4.0bCA$10.5b-CA$248,220,000.0036.1x-16.2x0.4x
Sun, 12 Oct 2025CA$10.8bCA$38.2bCA$142.8m21.3x75.8x0.3x
Tue, 09 Sep 2025CA$10.5bCA$38.2bCA$142.8m20.6x73.6x0.3x
Thu, 07 Aug 2025CA$10.3bCA$38.3bCA$90.1m19.8x114x0.3x
Sat, 05 Jul 2025CA$10.3bCA$39.0b-CA$10,889,000.0025.8x-945.5x0.3x
Mon, 02 Jun 2025CA$10.2bCA$39.0b-CA$10,889,000.0025.8x-941x0.3x
Wed, 30 Apr 2025CA$9.3bCA$39.4bCA$306.6m26.9x30.3x0.2x
Fri, 28 Mar 2025CA$10.1bCA$39.4bCA$330.5m27.9x30.6x0.3x
Sun, 23 Feb 2025CA$9.9bCA$40.4bCA$436.1m16.3x22.6x0.2x
Tue, 21 Jan 2025CA$9.9bCA$40.2bCA$461.1m15.7x21.5x0.2x
Thu, 19 Dec 2024CA$9.8bCA$40.2bCA$473.2m15.2x20.8x0.2x
Sat, 16 Nov 2024CA$9.9bCA$40.1bCA$830.9m15.3x11.9x0.2x
Mon, 14 Oct 2024CA$9.8bCA$41.2bCA$922.9m11.3x10.6x0.2x
Wed, 11 Sep 2024CA$9.1bCA$41.2bCA$919.2m10.4x9.9x0.2x
Fri, 09 Aug 2024CA$6.4bCA$31.1bCA$355.8m16.1x17.9x0.2x
Sun, 07 Jul 2024CA$6.8bCA$31.4bCA$363.8m16.8x18.8x0.2x
Tue, 04 Jun 2024CA$7.2bCA$31.4bCA$363.8m17.3x19.7x0.2x
Thu, 02 May 2024CA$7.7bCA$32.5bCA$416.6m15.8x18.5x0.2x
Sat, 30 Mar 2024CA$7.8bCA$32.5bCA$416.2m16x18.8x0.2x
Mon, 26 Feb 2024CA$8.6bCA$33.6bCA$426.1m18.5x20.3x0.3x
Wed, 24 Jan 2024CA$8.3bCA$33.6bCA$426.1m17.9x19.6x0.2x
Fri, 22 Dec 2023CA$7.8bCA$33.6bCA$426.1m16.7x18.3x0.2x
Sun, 19 Nov 2023CA$8.0bCA$33.6bCA$426.5m16.9x18.8x0.2x
Tue, 17 Oct 2023CA$7.5bCA$34.2bCA$300.9m21.6x24.8x0.2x
Thu, 14 Sep 2023CA$7.3bCA$34.2bCA$278.1m21.2x26.3x0.2x
Sat, 12 Aug 2023CA$6.9bCA$34.2bCA$271.1m19.8x25.4x0.2x
Mon, 10 Jul 2023CA$6.2bCA$36.1bCA$275.8m17.5x22.4x0.2x
Wed, 07 Jun 2023CA$6.4bCA$36.1bCA$277.7m18.2x23x0.2x
Fri, 05 May 2023CA$5.8bCA$36.1bCA$323.7m13.9x18x0.2x
Sun, 02 Apr 2023CA$6.1bCA$35.5bCA$286.5m14.8x21.3x0.2x
Tue, 28 Feb 2023CA$5.9bCA$33.2bCA$224.8m24.4x26.3x0.2x
Price to Earnings Ratio

26.3x


Total Market Cap: CA$5.9bTotal Earnings: CA$224.8mTotal Revenue: CA$33.2bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Oil and Gas Refining and Marketing Industry Price to Earnings3Y Average -54.2x202420252026
Current Industry PE
    There are only 3 companies in the Canadian Oil and Gas Refining and Marketing industry, so there is insufficient data to make an industry-wide assessment of both the PE and PS ratio.
Past Earnings Growth
  • The earnings for companies in the Oil and Gas Refining and Marketing industry have declined 20% per year over the last three years,
  • Revenues have also declined 32% 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 Refining and Marketing compare with similar industries?

CA Market1.43%
Energy1.32%
Oil and Gas1.31%
Oil and Gas Refining and Marketing5.53%
Coal and Fuels7.20%
Oil and Gas Exploration and Production3.81%
Integrated Oil and Gas1.17%
Oil and Gas Storage and Transportation-2.37%
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
SES SECURE Waste InfrastructureCA$19.945.8%
+CA$238.5m		39.3%PE41.6x
WMK Whitemud ResourcesCA$0.1717.9%
+CA$9.0m		37.5%PS145x
LCFS Tidewater RenewablesCA$4.602.4%
+CA$4.0m		586.6%PE12x
GIII ReGen IIICA$0.185.9%
+CA$1.3m		-42.9%PE-7.9x

Latest News

SES
CA$19.94
SECURE Waste Infrastructure
7D
5.8%
1Y
39.3%
ESAF
CA$0.64
Syntholene Energy
7D
-8.6%
1Y
n/a
LCFS
CA$4.60
Tidewater Renewables
7D
2.4%
1Y
586.6%

LCFS: Improved Reliability And Sector P/E Support Future Upside Potential

Analysts lifted their price target on Tidewater Renewables to C$6.00 from C$5.50, reflecting updated assumptions around the discount rate, profit margin, and future P/E that align with recent Street research. Analyst Commentary Recent research around Tidewater Renewables centers on how its valuation lines up with expected execution and earnings visibility, which informed the revised C$6.00 price target.
GIII
CA$0.18
ReGen III
7D
5.9%
1Y
-42.9%
WMK
CA$0.17
Whitemud Resources
7D
17.9%
1Y
37.5%