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CET

Cathedral Energy Services TSX:CET Stock Report

Last Price

CA$1.18

Market Cap

CA$263.1m

7D

-11.3%

1Y

165.2%

Updated

24 Nov, 2022

Data

Company Financials +
CET fundamental analysis
Snowflake Score
Valuation4/6
Future Growth5/6
Past Performance2/6
Financial Health2/6
Dividends0/6

CET Stock Overview

Cathedral Energy Services Ltd., together with its subsidiary, Cathedral Energy Services Inc., offers directional drilling services to oil and natural gas companies in western Canada and the United States.

Cathedral Energy Services Ltd. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Cathedral Energy Services
Historical stock prices
Current Share PriceCA$1.18
52 Week HighCA$1.41
52 Week LowCA$0.34
Beta2.67
1 Month Change38.82%
3 Month Change76.12%
1 Year Change165.17%
3 Year Change413.04%
5 Year Change-32.57%
Change since IPO-15.71%

Recent News & Updates

Cathedral Energy Services' (TSE:CET) Earnings Aren't As Good As They Appear

Nov 22
Cathedral Energy Services' (TSE:CET) Earnings Aren't As Good As They Appear

Health Check: How Prudently Does Cathedral Energy Services (TSE:CET) Use Debt?

Nov 13
Health Check: How Prudently Does Cathedral Energy Services (TSE:CET) Use Debt?

Recent updates

Cathedral Energy Services' (TSE:CET) Earnings Aren't As Good As They Appear

Nov 22
Cathedral Energy Services' (TSE:CET) Earnings Aren't As Good As They Appear

Health Check: How Prudently Does Cathedral Energy Services (TSE:CET) Use Debt?

Nov 13
Health Check: How Prudently Does Cathedral Energy Services (TSE:CET) Use Debt?

Cathedral Energy Services (TSE:CET) Is Carrying A Fair Bit Of Debt

Dec 16
Cathedral Energy Services (TSE:CET) Is Carrying A Fair Bit Of Debt

Shareholder Returns

CETCA Energy ServicesCA Market
7D-11.3%1.5%2.4%
1Y165.2%25.0%-3.7%

Return vs Industry: CET exceeded the Canadian Energy Services industry which returned 23.7% over the past year.

Return vs Market: CET exceeded the Canadian Market which returned -3.8% over the past year.

Price Volatility

Is CET's price volatile compared to industry and market?
CET volatility
CET Average Weekly Movement11.8%
Energy Services Industry Average Movement6.9%
Market Average Movement9.9%
10% most volatile stocks in CA Market18.0%
10% least volatile stocks in CA Market4.2%

Stable Share Price: CET is not significantly more volatile than the rest of Canadian stocks over the past 3 months, typically moving +/- 12% a week.

Volatility Over Time: CET's weekly volatility (12%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1998118Tom Connorshttps://www.cathedralenergyservices.com

Cathedral Energy Services Ltd., together with its subsidiary, Cathedral Energy Services Inc., offers directional drilling services to oil and natural gas companies in western Canada and the United States. It provides directional drilling services, motor rentals, automated gamma, remote drilling, drilling optimization, and well planning services. The company was founded in 1998 and is headquartered in Calgary, Canada.

Cathedral Energy Services Ltd. Fundamentals Summary

How do Cathedral Energy Services's earnings and revenue compare to its market cap?
CET fundamental statistics
Market CapCA$263.06m
Earnings (TTM)CA$6.98m
Revenue (TTM)CA$193.59m

37.7x

P/E Ratio

1.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
CET income statement (TTM)
RevenueCA$193.59m
Cost of RevenueCA$141.66m
Gross ProfitCA$51.94m
Other ExpensesCA$44.96m
EarningsCA$6.98m

Last Reported Earnings

Sep 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)0.031
Gross Margin26.83%
Net Profit Margin3.61%
Debt/Equity Ratio64.1%

How did CET perform over the long term?

See historical performance and comparison