Tamarack Valley Energy (TSE:TVE) Is Paying Out A Dividend Of CA$0.0125
Oct 29
Canadian (TSX) Oil and Gas Exploration and Production Industry Analysis
UpdatedOct 30, 2023
DataAggregated Company Financials
Companies141
- 7D-1.7%
- 3M7.2%
- 1Y1.8%
- YTD18.6%
Over the last 7 days, the Oil and Gas Exploration and Production industry has dropped 1.7%, driven by Canadian Natural Resources declining 0.6%. Over the last year, the industry has been flat overall. Earnings are forecast to grow by 1.1% annually.
Industry Valuation and Performance
Has the Canadian Oil and Gas Exploration and Production Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 30 Oct 2023 | CA$245.8b | CA$110.8b | CA$31.5b | 5.9x | 7.8x | 2.2x |
| Wed, 27 Sep 2023 | CA$236.4b | CA$110.1b | CA$31.6b | 5.7x | 7.5x | 2.1x |
| Fri, 25 Aug 2023 | CA$223.1b | CA$110.2b | CA$31.7b | 5.5x | 7x | 2x |
| Sun, 23 Jul 2023 | CA$218.0b | CA$121.8b | CA$38.7b | 4.2x | 5.6x | 1.8x |
| Tue, 20 Jun 2023 | CA$201.0b | CA$121.9b | CA$38.8b | 3.9x | 5.2x | 1.6x |
| Thu, 18 May 2023 | CA$199.2b | CA$123.5b | CA$39.2b | 3.8x | 5.1x | 1.6x |
| Sat, 15 Apr 2023 | CA$218.2b | CA$126.2b | CA$40.3b | 3.9x | 5.4x | 1.7x |
| Mon, 13 Mar 2023 | CA$209.1b | CA$126.8b | CA$40.9b | 3.8x | 5.1x | 1.6x |
| Wed, 08 Feb 2023 | CA$216.1b | CA$123.6b | CA$43.0b | 4.1x | 5x | 1.7x |
| Fri, 06 Jan 2023 | CA$201.4b | CA$123.9b | CA$43.1b | 3.8x | 4.7x | 1.6x |
| Sun, 04 Dec 2022 | CA$234.7b | CA$123.6b | CA$43.0b | 4.2x | 5.5x | 1.9x |
| Tue, 01 Nov 2022 | CA$237.8b | CA$114.9b | CA$35.3b | 5.1x | 6.7x | 2.1x |
| Thu, 29 Sep 2022 | CA$197.1b | CA$114.1b | CA$35.9b | 4.2x | 5.5x | 1.7x |
| Sat, 27 Aug 2022 | CA$226.5b | CA$112.7b | CA$35.5b | 5.4x | 6.4x | 2x |
| Mon, 25 Jul 2022 | CA$199.1b | CA$96.6b | CA$30.5b | 5.7x | 6.5x | 2.1x |
| Wed, 22 Jun 2022 | CA$220.8b | CA$96.7b | CA$30.6b | 6.6x | 7.2x | 2.3x |
| Fri, 20 May 2022 | CA$223.5b | CA$95.9b | CA$30.4b | 6.8x | 7.4x | 2.3x |
| Sun, 17 Apr 2022 | CA$229.3b | CA$82.6b | CA$26.3b | 6.8x | 8.7x | 2.8x |
| Tue, 15 Mar 2022 | CA$200.2b | CA$82.7b | CA$26.3b | 4.9x | 7.6x | 2.4x |
| Thu, 10 Feb 2022 | CA$183.9b | CA$69.7b | CA$18.0b | 5.7x | 10.2x | 2.6x |
| Sat, 08 Jan 2022 | CA$165.8b | CA$69.3b | CA$17.9b | 5.5x | 9.2x | 2.4x |
| Mon, 06 Dec 2021 | CA$145.2b | CA$69.4b | CA$17.9b | 5.8x | 8.1x | 2.1x |
| Wed, 03 Nov 2021 | CA$153.2b | CA$59.0b | CA$11.5b | 7.8x | 13.3x | 2.6x |
| Fri, 01 Oct 2021 | CA$139.0b | CA$58.2b | CA$9.7b | 7.7x | 14.3x | 2.4x |
| Sun, 29 Aug 2021 | CA$116.8b | CA$58.0b | CA$9.8b | 6.9x | 11.9x | 2x |
| Mon, 05 Jul 2021 | CA$126.7b | CA$58.0b | CA$9.8b | 8.1x | 12.9x | 2.2x |
| Thu, 08 Apr 2021 | CA$97.1b | CA$46.6b | -CA$4,341,361,340.40 | 8.1x | -22.4x | 2.1x |
| Sun, 10 Jan 2021 | CA$69.9b | CA$41.8b | -CA$22,885,916,675.57 | 5.7x | -3.1x | 1.7x |
Price to Earnings Ratio
-1.8x
Current Industry PE
- Investors are optimistic on the Canadian Oil and Gas Exploration and Production industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 7.8x which is higher than its 3-year average PE of 3.6x.
- The industry is trading close to its 3-year average PS ratio of 2.0x.
Past Earnings Growth
- Total earnings for the Oil and Gas Exploration and Production industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 35% 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 Exploration and Production compare with similar industries?
| CA Market | -1.70% | |
| Energy | -1.56% | |
| Oil and Gas | -1.56% | |
| Oil and Gas Exploration and Production | -1.72% | |
| Coal and Fuels | 0.58% | |
| Oil and Gas Storage and Transportation | 0.24% | |
| Oil and Gas Refining and Marketing | -1.40% | |
| Integrated Oil and Gas | -3.76% | |
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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| MEG MEG Energy | CA$27.61 | 1.5% +CA$116.2m | 35.5% | PE14.7x | |
| POU Paramount Resources | CA$33.27 | 2.3% +CA$106.4m | 15.3% | PE6.4x | |
| FEC Frontera Energy | CA$11.46 | 8.7% +CA$78.8m | 0.5% | PE3x | |
| KEL Kelt Exploration | CA$7.41 | 4.2% +CA$61.0m | 25.8% | PE12x | |
| PEY Peyto Exploration & Development | CA$14.50 | 2.2% +CA$59.8m | 14.0% | PE8.1x |
