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Canadian (TSX) Oil and Gas Storage and Transportation Industry Analysis

UpdatedApr 15, 2026
DataAggregated Company Financials
Companies8
  • 7D-3.8%
  • 3M12.8%
  • 1Y20.4%
  • YTDn/a

Over the last 7 days, the Oil and Gas Storage and Transportation industry has dropped 3.8%, driven by a pullback from Enbridge of 3.4%. Meanwhile, Tidewater Midstream and Infrastructure actually outperformed within the industry, gaining 15% in the last week. In the past year, the industry has gained 20%. As for the next few years, earnings are expected to grow by 7.8% per annum.

Industry Valuation and Performance

Has the Canadian Oil and Gas Storage and Transportation Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 16 Apr 2026CA$312.3bCA$109.8bCA$13.3b23.3x23.4x2.8x
Sat, 14 Mar 2026CA$311.4bCA$109.8bCA$13.2b24.1x23.6x2.8x
Mon, 09 Feb 2026CA$289.8bCA$108.8bCA$11.9b24.1x24.4x2.7x
Wed, 07 Jan 2026CA$268.5bCA$108.8bCA$11.9b21.5x22.6x2.5x
Fri, 05 Dec 2025CA$277.6bCA$108.8bCA$11.9b22.3x23.3x2.6x
Sun, 02 Nov 2025CA$267.7bCA$109.1bCA$13.2b17.9x20.2x2.5x
Tue, 30 Sep 2025CA$283.9bCA$109.1bCA$13.2b19.7x21.4x2.6x
Thu, 28 Aug 2025CA$269.2bCA$109.1bCA$13.2b19.1x20.3x2.5x
Sat, 26 Jul 2025CA$253.5bCA$105.9bCA$12.9b18.3x19.6x2.4x
Mon, 23 Jun 2025CA$253.5bCA$105.9bCA$12.9b18.6x19.6x2.4x
Wed, 21 May 2025CA$260.6bCA$106.0bCA$12.9b18.2x20.2x2.5x
Fri, 18 Apr 2025CA$255.6bCA$98.1bCA$12.0b18.7x21.3x2.6x
Sun, 16 Mar 2025CA$255.4bCA$98.4bCA$11.7b19.5x21.8x2.6x
Tue, 11 Feb 2025CA$259.2bCA$96.6bCA$13.5b18.7x19.2x2.7x
Thu, 09 Jan 2025CA$259.5bCA$96.6bCA$13.5b19.6x19.2x2.7x
Sat, 07 Dec 2024CA$260.8bCA$96.6bCA$13.5b19.8x19.3x2.7x
Mon, 04 Nov 2024CA$244.5bCA$95.8bCA$11.7b19.5x20.9x2.6x
Wed, 02 Oct 2024CA$238.1bCA$91.0bCA$10.9b20.4x21.8x2.6x
Fri, 30 Aug 2024CA$223.1bCA$91.0bCA$10.9b20.1x20.4x2.5x
Sun, 28 Jul 2024CA$212.0bCA$88.7bCA$10.1b22.1x21x2.4x
Tue, 25 Jun 2024CA$196.4bCA$88.7bCA$10.1b20.4x19.4x2.2x
Thu, 23 May 2024CA$203.9bCA$88.7bCA$10.1b20.3x20.2x2.3x
Sat, 20 Apr 2024CA$188.8bCA$89.0bCA$10.6b17x17.9x2.1x
Mon, 18 Mar 2024CA$196.4bCA$89.0bCA$10.6b17.5x18.6x2.2x
Wed, 14 Feb 2024CA$187.3bCA$86.4bCA$7.4b18.8x25.3x2.2x
Fri, 12 Jan 2024CA$196.3bCA$88.5bCA$4.6b23.3x42.7x2.2x
Sun, 10 Dec 2023CA$190.8bCA$88.5bCA$4.6b23.6x41.5x2.2x
Tue, 07 Nov 2023CA$185.6bCA$90.8bCA$5.7b22.3x32.7x2x
Thu, 05 Oct 2023CA$173.0bCA$92.4bCA$8.0b20.8x21.7x1.9x
Sat, 02 Sep 2023CA$183.9bCA$92.4bCA$8.0b22.9x23.1x2x
Mon, 31 Jul 2023CA$177.7bCA$97.5bCA$6.6b21.2x26.8x1.8x
Wed, 28 Jun 2023CA$185.2bCA$97.3bCA$7.3b19.3x25.4x1.9x
Fri, 26 May 2023CA$189.6bCA$97.3bCA$7.3b19.9x26x1.9x
Sun, 23 Apr 2023CA$200.0bCA$100.9bCA$6.6b31.9x30.2x2x
Price to Earnings Ratio

30.2x


Total Market Cap: CA$200.0bTotal Earnings: CA$6.6bTotal Revenue: CA$100.9bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Oil and Gas Storage and Transportation Industry Price to Earnings3Y Average 23.4x202420252026
Current Industry PE
  • Investors are relatively neutral on the Canadian Oil and Gas Storage and Transportation industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PE ratio of 23.4x.
  • The 3-year average PS ratio of 2.4x is lower than the industry's current PS ratio of 2.8x.
Past Earnings Growth
  • The earnings for companies in the Oil and Gas Storage and Transportation industry have grown 26% per year over the last three years.
  • Revenues for these companies have grown 2.9% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Comparison

How does Canadian Oil and Gas Storage and Transportation compare with similar industries?

CA Market2.81%
Energy-4.34%
Oil and Gas-4.43%
Oil and Gas Storage and Transportation-3.80%
Coal and Fuels5.12%
Oil and Gas Refining and Marketing3.69%
Integrated Oil and Gas-5.60%
Oil and Gas Exploration and Production-7.09%
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
TWM Tidewater Midstream and InfrastructureCA$10.8012.5%
+CA$26.1m		116.0%PS0.2x

Latest News

PPL
CA$59.35
Pembina Pipeline
7D
-4.1%
1Y
14.5%
GEI
CA$27.36
Gibson Energy
7D
-7.3%
1Y
28.5%
SOBO
CA$44.44
South Bow
7D
-4.0%
1Y
32.3%
KEY
CA$48.94
Keyera
7D
-5.0%
1Y
17.1%

KEY: Balance Sheet Capacity And Execution Risk Will Guide Future Fairly Valued Returns

Narrative Update on Keyera The updated analyst price target for Keyera edges higher to CA$54.69 from CA$54.46, reflecting recent target increases across several firms, as analysts point to what they see as underappreciated balance sheet capacity and adjust their P/E and growth assumptions. Analyst Commentary Recent Street research on Keyera clusters around higher price targets, with several firms adjusting their models and only a few trimming expectations.
TRP
CA$83.68
TC Energy
7D
-5.5%
1Y
23.4%

TRP: Backlog Visibility And Dividend Policy Will Guide Measured Future Return Balance

The analyst price target for TC Energy has been raised slightly, with CA$ value revisions supported by updated models that reflect recent quarterly results, higher estimated revenue growth, modestly adjusted profit margins, and Street research highlighting the company's natural gas and power portfolio as well as its project backlog visibility. Analyst Commentary Recent Street research on TC Energy clusters around a higher value range, but opinions still differ on how much upside is left and how dependable the longer term growth story looks after the recent share price move.
ENB
CA$72.30
Enbridge
7D
-4.1%
1Y
16.8%
TWM
CA$10.80
Tidewater Midstream and Infrastructure
7D
12.5%
1Y
116.0%

TWM: Higher Brazeau Volumes And Rich P/E Will Shape Future Returns

Tidewater Midstream and Infrastructure’s updated analyst price target has moved from CA$4.50 to CA$9.00, supported by recent target increases from multiple firms and a shift to Sector Perform. Together these changes reflect analysts’ revised views on discount rates, profit margin assumptions and future P/E expectations.
RGSI
CA$27.44
Rockpoint Gas Storage
7D
-0.6%
1Y
n/a