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

UpdatedApr 12, 2026
DataAggregated Company Financials
Companies3
  • 7D-1.6%
  • 3M28.3%
  • 1Y74.3%
  • YTDn/a

Over the last 7 days, the Oil and Gas Refining and Marketing industry has dropped 1.6%, driven by a pullback from SECURE Waste Infrastructure of 2.5%. In contrast, Tidewater Renewables has gained 14%. This takes the industry's 12 month performance to a gain of 74%. As for the next few years, earnings are expected to grow by 26% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 12 Apr 2026CA$5.0bCA$1.7bCA$125.0m62.7x40.1x2.9x
Tue, 10 Mar 2026CA$4.5bCA$1.7bCA$135.4m25.4x33.3x2.6x
Thu, 05 Feb 2026CA$3.9bCA$10.5bCA$116.4m24.2x33.4x0.4x
Sat, 03 Jan 2026CA$3.9bCA$10.5bCA$117.9m23.8x33.2x0.4x
Mon, 01 Dec 2025CA$4.1bCA$10.5bCA$117.9m24.1x34.7x0.4x
Wed, 29 Oct 2025CA$11.5bCA$38.4bCA$180.8m20.9x63.4x0.3x
Fri, 26 Sep 2025CA$11.1bCA$38.2bCA$142.8m22.2x77.5x0.3x
Sun, 24 Aug 2025CA$10.5bCA$38.2bCA$98.2m20.5x107x0.3x
Tue, 22 Jul 2025CA$10.5bCA$39.0b-CA$10,889,000.0026.1x-961.9x0.3x
Thu, 19 Jun 2025CA$10.2bCA$39.0b-CA$10,889,000.0025.8x-936.7x0.3x
Sat, 17 May 2025CA$10.4bCA$39.0b-CA$10,889,000.0026x-957.2x0.3x
Mon, 14 Apr 2025CA$8.5bCA$39.4bCA$306.6m24.2x27.8x0.2x
Wed, 12 Mar 2025CA$9.6bCA$39.4bCA$321.1m26.9x29.8x0.2x
Fri, 07 Feb 2025CA$9.3bCA$40.2bCA$461.1m14.5x20.2x0.2x
Sun, 05 Jan 2025CA$9.6bCA$40.2bCA$461.1m14.9x20.7x0.2x
Tue, 03 Dec 2024CA$10.1bCA$40.2bCA$473.2m16.1x21.3x0.3x
Thu, 31 Oct 2024CA$9.2bCA$41.2bCA$922.9m10.9x10x0.2x
Sat, 28 Sep 2024CA$9.1bCA$41.2bCA$922.9m10.5x9.8x0.2x
Mon, 26 Aug 2024CA$6.4bCA$31.2bCA$358.1m16.4x17.8x0.2x
Wed, 24 Jul 2024CA$7.0bCA$31.4bCA$363.8m17.3x19.1x0.2x
Fri, 21 Jun 2024CA$6.9bCA$31.4bCA$363.8m17.2x19.1x0.2x
Sun, 19 May 2024CA$7.2bCA$31.4bCA$363.8m17.7x19.8x0.2x
Tue, 16 Apr 2024CA$7.5bCA$32.5bCA$416.6m16x17.9x0.2x
Thu, 14 Mar 2024CA$8.0bCA$32.5bCA$443.1m16.2x18.1x0.2x
Sat, 10 Feb 2024CA$8.1bCA$33.6bCA$426.1m17.4x19.1x0.2x
Mon, 08 Jan 2024CA$7.9bCA$33.6bCA$426.1m16.7x18.6x0.2x
Wed, 06 Dec 2023CA$8.2bCA$33.6bCA$426.5m17.1x19.2x0.2x
Fri, 03 Nov 2023CA$7.8bCA$33.6bCA$425.9m16.5x18.2x0.2x
Sun, 01 Oct 2023CA$7.3bCA$34.2bCA$300.9m21.2x24.3x0.2x
Tue, 29 Aug 2023CA$6.7bCA$34.2bCA$271.1m19.4x24.9x0.2x
Thu, 27 Jul 2023CA$6.9bCA$36.1bCA$275.8m19.5x24.8x0.2x
Sat, 24 Jun 2023CA$6.1bCA$36.1bCA$275.8m17.1x22x0.2x
Mon, 22 May 2023CA$6.4bCA$36.1bCA$284.7m18.1x22.3x0.2x
Wed, 19 Apr 2023CA$5.9bCA$35.5bCA$286.5m14.6x20.7x0.2x
Price to Earnings Ratio

20.7x


Total Market Cap: CA$5.9bTotal Earnings: CA$286.5mTotal Revenue: CA$35.5bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Oil and Gas Refining and Marketing Industry Price to Earnings3Y Average -53.4x202420252026
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 24% per year over the last three years,
  • Revenues have also declined 64% 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 Market2.05%
Energy-1.50%
Oil and Gas-1.54%
Oil and Gas Refining and Marketing-1.61%
Coal and Fuels1.62%
Oil and Gas Storage and Transportation-0.36%
Integrated Oil and Gas-2.37%
Oil and Gas Exploration and Production-3.12%
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
LCFS Tidewater RenewablesCA$8.4014.3%
+CA$38.3m		175.4%PE87.4x
WMK Whitemud ResourcesCA$0.212.4%
+CA$1.8m		65.4%PS188.9x
CMC Cielo Waste SolutionsCA$0.077.7%
+CA$960.9k		27.3%PE-0.8x

Latest News

GIII
CA$0.18
ReGen III
7D
-5.3%
1Y
-10.0%
LCFS
CA$8.40
Tidewater Renewables
7D
14.3%
1Y
175.4%

LCFS: Updated Risk Assumptions Will Shape Future P/E Compression Or Support

Analysts lifted their fair value estimate for Tidewater Renewables from CA$5.00 to about CA$7.94, citing higher price targets from firms such as RBC Capital and National Bank, along with updated assumptions for the discount rate, revenue growth, profit margins, and future P/E multiples. Analyst Commentary Bullish Takeaways Bullish analysts are lifting price targets, including moves of about CA$1.50 and CA$4.50, which supports the higher fair value estimate of roughly CA$7.94.
SES
CA$21.36
SECURE Waste Infrastructure
7D
-2.5%
1Y
70.2%
ESAF
CA$0.67
Syntholene Energy
7D
-4.3%
1Y
n/a
CMC
CA$0.07
Cielo Waste Solutions
7D
7.7%
1Y
27.3%
WMK
CA$0.21
Whitemud Resources
7D
2.4%
1Y
65.4%