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Canadian (TSX) Oil and Gas Drilling Industry Analysis

UpdatedOct 30, 2023
DataAggregated Company Financials
  • 7D-4.6%
  • 3M-4.9%
  • 1Y-17.0%
  • YTD-16.3%

Over the last 7 days, the Oil and Gas Drilling industry has dropped 4.6%, driven by declines from every company within the industry. The industry has fallen 17% in the last year. Earnings are forecast to grow by 32% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 30 Oct 2023CA$2.4bCA$5.4bCA$315.8m7x7.6x0.4x
Wed, 27 Sep 2023CA$2.8bCA$5.4bCA$328.9m7.1x8.5x0.5x
Fri, 25 Aug 2023CA$2.5bCA$5.4bCA$328.9m6.6x7.7x0.5x
Sun, 23 Jul 2023CA$2.2bCA$5.1bCA$260.7m5.6x8.6x0.4x
Tue, 20 Jun 2023CA$1.9bCA$5.1bCA$260.7m5x7.2x0.4x
Thu, 18 May 2023CA$1.9bCA$5.1bCA$260.7m5.3x7.5x0.4x
Sat, 15 Apr 2023CA$2.3bCA$4.4bCA$66.6m10.6x34.1x0.5x
Mon, 13 Mar 2023CA$2.5bCA$4.4bCA$49.9m12.3x51x0.6x
Wed, 08 Feb 2023CA$2.9bCA$3.9b-CA$36,446,265.0012.4x-79x0.7x
Fri, 06 Jan 2023CA$2.8bCA$3.9b-CA$36,446,265.0011.8x-77.6x0.7x
Sun, 04 Dec 2022CA$3.1bCA$3.9b-CA$36,446,265.0013.2x-85.9x0.8x
Tue, 01 Nov 2022CA$2.9bCA$3.6b-CA$117,356,171.0017.8x-24.9x0.8x
Thu, 29 Sep 2022CA$2.1bCA$3.4b-CA$197,568,171.0012.6x-10.4x0.6x
Sat, 27 Aug 2022CA$2.5bCA$3.4b-CA$197,568,171.0013.9x-12.5x0.7x
Mon, 25 Jul 2022CA$2.2bCA$3.0b-CA$332,821,330.0016.6x-6.6x0.7x
Wed, 22 Jun 2022CA$2.6bCA$3.0b-CA$332,821,330.0021.6x-8x0.9x
Fri, 20 May 2022CA$2.6bCA$3.0b-CA$332,821,330.0022.1x-7.7x0.9x
Sun, 17 Apr 2022CA$2.7bCA$2.7b-CA$373,582,365.0015.6x-7.3x1x
Tue, 15 Mar 2022CA$2.0bCA$2.6b-CA$399,798,365.0033.4x-5.1x0.8x
Thu, 10 Feb 2022CA$1.6bCA$2.4b-CA$378,089,606.0028.6x-4.2x0.7x
Sat, 08 Jan 2022CA$1.4bCA$2.4b-CA$378,089,606.0023.9x-3.6x0.6x
Mon, 06 Dec 2021CA$1.1bCA$2.4b-CA$378,089,606.0021.4x-3x0.5x
Wed, 03 Nov 2021CA$1.5bCA$2.2b-CA$395,077,731.0023.9x-3.7x0.7x
Fri, 01 Oct 2021CA$1.4bCA$2.1b-CA$385,312,731.0023.2x-3.5x0.7x
Sun, 29 Aug 2021CA$1.1bCA$2.1b-CA$385,312,731.0021.8x-3x0.6x
Mon, 05 Jul 2021CA$1.4bCA$2.1b-CA$385,312,731.0022x-3.7x0.7x
Thu, 08 Apr 2021CA$798.4mCA$2.0b-CA$329,376,216.00226.2x-2.4x0.4x
Sun, 10 Jan 2021CA$650.8mCA$2.4b-CA$359,852,343.00n/a-1.8x0.3x
Price to Earnings Ratio


Total Market Cap: CA$466.8mTotal Earnings: -CA$433,340,777.00Total Revenue: CA$2.8bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Oil and Gas Drilling Industry Price to Earnings3Y Average -15.9x202120222023
Current Industry PE
  • Investors are pessimistic on the Canadian Oil and Gas Drilling industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 7.6x which is higher than its 3-year average PE of -15.9x.
  • The industry is trading close to its 3-year average PS ratio of 0.58x.
Past Earnings Growth
  • Total earnings for the Oil and Gas Drilling industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 24% per year.
  • This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.

Industry Comparison

How does Canadian Oil and Gas Drilling compare with similar industries?

CA Market-1.70%
Energy Services-1.67%
Oil and Gas Drilling-4.64%
Oil and Gas Services-0.90%
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
No data available
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