Cathedral Energy Services Ltd., together with its subsidiary, Cathedral Energy Services Inc., provides directional drilling services to oil and natural gas companies in western Canada and the United States.
Excellent balance sheet and overvalued.
Share Price & News
How has Cathedral Energy Services's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: CETE.F's share price has been volatile over the past 3 months.
7 Day Return
US Energy Services
1 Year Return
US Energy Services
Return vs Industry: CETE.F underperformed the US Energy Services industry which returned -39.1% over the past year.
Return vs Market: CETE.F underperformed the US Market which returned 10.5% over the past year.
Price Volatility Vs. Market
How volatile is Cathedral Energy Services's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Cathedral Energy Services undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: CETE.F ($0.17) is trading above our estimate of fair value ($0.09)
Significantly Below Fair Value: CETE.F is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: CETE.F is unprofitable, so we can't compare its PE Ratio to the Energy Services industry average.
PE vs Market: CETE.F is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate CETE.F's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: CETE.F is good value based on its PB Ratio (0.1x) compared to the US Energy Services industry average (0.6x).
How is Cathedral Energy Services forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Forecasted annual revenue growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: Insufficient data to determine if CETE.F's forecast earnings growth is above the savings rate (1.7%).
Earnings vs Market: Insufficient data to determine if CETE.F's earnings are forecast to grow faster than the US market
High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: CETE.F's revenue is expected to decline over the next 3 years (-8.7% per year).
High Growth Revenue: CETE.F's revenue is forecast to decline over the next 3 years (-8.7% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if CETE.F's Return on Equity is forecast to be high in 3 years time
How has Cathedral Energy Services performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CETE.F is currently unprofitable.
Growing Profit Margin: CETE.F is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: CETE.F is unprofitable, and losses have increased over the past 5 years at a rate of -27.1% per year.
Accelerating Growth: Unable to compare CETE.F's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: CETE.F is unprofitable, making it difficult to compare its past year earnings growth to the Energy Services industry (-30%).
Return on Equity
High ROE: CETE.F has a negative Return on Equity (-41.33%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
How is Cathedral Energy Services's financial position?
Financial Position Analysis
Short Term Liabilities: CETE.F's short term assets (CA$45.7M) exceed its short term liabilities (CA$21.6M).
Long Term Liabilities: CETE.F's short term assets (CA$45.7M) exceed its long term liabilities (CA$26.0M).
Debt to Equity History and Analysis
Debt Level: CETE.F's debt to equity ratio (9.3%) is considered satisfactory.
Reducing Debt: CETE.F's debt to equity ratio has reduced from 49.7% to 9.3% over the past 5 years.
Inventory Level: CETE.F has a high level of physical assets or inventory.
Debt Coverage by Assets: CETE.F's debt is covered by short term assets (assets are 6.5x debt).
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: CETE.F has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if CETE.F has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
What is Cathedral Energy Services's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate CETE.F's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate CETE.F's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if CETE.F's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if CETE.F's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: CETE.F is not paying a notable dividend for the US market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of CETE.F's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
P. MacFarlane 0
Mr. P. Scott MacFarlane has been the Chief Executive Officer and President of Cathedral Energy Services Ltd. since October 10, 2013 and has been its Director since December 19, 2013 and also has been its I ...
CEO Compensation Analysis
Compensation vs Market: P.'s total compensation ($USD319.51K) is below average for companies of similar size in the US market ($USD524.26K).
Compensation vs Earnings: P.'s compensation has increased whilst the company is unprofitable.
|Vice President of Technology||10.7yrs||CA$299.90k||0.25% CA$20.2k|
|Vice President of Sales||14.8yrs||CA$299.90k||0.23% CA$19.0k|
|Director of Finance & Accounting||5.6yrs||no data||0.011% CA$893.4|
Experienced Management: CETE.F's management team is seasoned and experienced (8.5 years average tenure).
|Independent Director||4.3yrs||CA$52.69k||0.22% CA$18.1k|
|Independent Director||16.8yrs||CA$55.87k||1.37% CA$112.1k|
|Independent Chairman||7.1yrs||CA$77.50k||1.11% CA$90.7k|
|Independent Director||10.2yrs||CA$60.96k||0.25% CA$20.6k|
Experienced Board: CETE.F's board of directors are considered experienced (8.6 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Cathedral Energy Services Ltd.'s company bio, employee growth, exchange listings and data sources
- Name: Cathedral Energy Services Ltd.
- Ticker: CETE.F
- Exchange: OTCPK
- Industry: Oil and Gas Drilling
- Sector: Energy
- Market Cap: CA$10.883m
- Listing Market Cap: CA$8.181m
- Shares outstanding: 49.47m
- Website: https://www.cathedralenergyservices.com
Number of Employees
- Cathedral Energy Services Ltd.
- 6030 – 3rd Street SE
- T2H 1K2
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|CET||TSX (The Toronto Stock Exchange)||Yes||Common Shares||CA||CAD||Aug 2002|
|CETE.F||OTCPK (Pink Sheets LLC)||Yes||Common Shares||US||USD||Aug 2002|
|T80||DB (Deutsche Boerse AG)||Yes||Common Shares||DE||EUR||Aug 2002|
Cathedral Energy Services Ltd., together with its subsidiary, Cathedral Energy Services Inc., provides directional drilling services to oil and natural gas companies in western Canada and the United States. It offers horizontal and directional drilling services; and drilling optimization and well planning services. The company is headquartered in Calgary, Canada.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/27 01:48|
|End of Day Share Price||2020/02/10 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.