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ACT Energy Technologies TSX:CET Stock Report

Last Price

CA$6.30

Market Cap

CA$218.9m

7D

1.1%

1Y

38.5%

Updated

06 Jul, 2024

Data

Company Financials +

ACT Energy Technologies Ltd.

TSX:CET Stock Report

Market Cap: CA$218.9m

CET Stock Overview

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

CET fundamental analysis
Snowflake Score
Valuation2/6
Future Growth3/6
Past Performance2/6
Financial Health4/6
Dividends0/6

ACT Energy Technologies Ltd. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for ACT Energy Technologies
Historical stock prices
Current Share PriceCA$6.30
52 Week HighCA$6.86
52 Week LowCA$4.48
Beta2.56
11 Month Change1.12%
3 Month Change-1.10%
1 Year Change38.46%
33 Year Change87.50%
5 Year Change130.77%
Change since IPO-35.71%

Recent News & Updates

Take Care Before Jumping Onto Cathedral Energy Services Ltd. (TSE:CET) Even Though It's 86% Cheaper

Jul 04
Take Care Before Jumping Onto Cathedral Energy Services Ltd. (TSE:CET) Even Though It's 86% Cheaper

Recent updates

Take Care Before Jumping Onto Cathedral Energy Services Ltd. (TSE:CET) Even Though It's 86% Cheaper

Jul 04
Take Care Before Jumping Onto Cathedral Energy Services Ltd. (TSE:CET) Even Though It's 86% Cheaper

Cathedral Energy Services Ltd.'s (TSE:CET) CEO Looks Like They Deserve Their Pay Packet

May 03
Cathedral Energy Services Ltd.'s (TSE:CET) CEO Looks Like They Deserve Their Pay Packet

Some May Be Optimistic About Cathedral Energy Services' (TSE:CET) Earnings

Apr 04
Some May Be Optimistic About Cathedral Energy Services' (TSE:CET) Earnings

Does Cathedral Energy Services (TSE:CET) Have A Healthy Balance Sheet?

Mar 04
Does Cathedral Energy Services (TSE:CET) Have A Healthy Balance Sheet?

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
7D1.1%-0.8%0.7%
1Y38.5%41.8%10.7%

Return vs Industry: CET matched the Canadian Energy Services industry which returned 37.6% over the past year.

Return vs Market: CET exceeded the Canadian Market which returned 11.8% over the past year.

Price Volatility

Is CET's price volatile compared to industry and market?
CET volatility
CET Average Weekly Movement4.0%
Energy Services Industry Average Movement4.7%
Market Average Movement7.9%
10% most volatile stocks in CA Market16.7%
10% least volatile stocks in CA Market3.0%

Stable Share Price: CET has not had significant price volatility in the past 3 months.

Volatility Over Time: CET's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1998n/aTom Connorswww.cathedralenergyservices.com

Cathedral Energy Services Ltd., together with its subsidiaries, provides directional drilling services to oil and natural gas companies in western Canada and the United States. It offers remote directional and measurement-while-drilling (MWD), automated gamma, drilling optimization, and well planning services. The company’s products include nDURANCE motors for formations with poor build tendencies and monobore wells, as well as hard, aggressive, and unconsolidated formations; MWD sensors to determine trajectory parameters, such as inclination, direction, and tool-face orientation; FUSION MWD system, a central data processing unit to which a range of sensors and telemetry options can be connected to provide the data collection and transmission services; and RapidFire, a MWD tool.

ACT Energy Technologies Ltd. Fundamentals Summary

How do ACT Energy Technologies's earnings and revenue compare to its market cap?
CET fundamental statistics
Market capCA$218.92m
Earnings (TTM)CA$21.42m
Revenue (TTM)CA$577.31m

10.2x

P/E Ratio

0.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
CET income statement (TTM)
RevenueCA$577.31m
Cost of RevenueCA$414.06m
Gross ProfitCA$163.25m
Other ExpensesCA$141.83m
EarningsCA$21.42m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.62
Gross Margin28.28%
Net Profit Margin3.71%
Debt/Equity Ratio55.9%

How did CET perform over the long term?

See historical performance and comparison
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