Q3 Update for the Key Fundamental Statistics for the Oil and Gas Industry in Canada

Provided below are some of the Key Fundamental Statistics for the Oil and Gas Industry in Canada. These numbers are an update of my original article that can be referred to here. I recommend that you read that one to give this information some context. This article mainly focuses on producers or companies very near production and avoids the Income Trusts as they are valued much differently. Click here if you are interested in further in-depth analysis of the oil and gas sector.

The 25 TSX-listed companies included in this ranking are as follows:

Advantage Oil and Gas Ltd - AAV
Alange Energy Corp - ALE
Alberta OilSands - AOS
Bankers Petroleum Ltd - BNK
Canacol Energy Ltd - CNE
Canadian Natural Resources Ltd - CNQ
Compton Petroleum Corp - CMT
Connacher Oil and Gas Ltd - CLL
EnCana Corp - ECA
Gran Tierra Energy Inc - GTE
Ivanhoe Energy Inc - IE
Nexen Inc - NXY
Opti Canada Inc - OPC
Orleans Energy Ltd - OEX
Pacific Rubiales Energy Corp - PRE
PetroBakken Energy Ltd - PBN
Petrolifera Petroleum Ltd - PDP
Petrominerales Limitada - PMG
Questerre Energy Corp - QEC
Rock Energy Inc - RE
Strategic Oil & Gas Ltd - SOG
Talisman Energy Inc - TLM
Terra Energy Corporation - TT
Transglobe Energy Corp - TGL
Vero Energy Inc - VRO


Price to Earnings

ECA..........9.8

PMG........12.7

CNQ........17.5

NXY.........18.8

Industry...24.6

GTE.........32.7

TGL.........34.9

TLM.........41.3

PBN.........43.4

PRE.........98.6

Nothing much has changed for the Price to Earnings metric as most companies remain unprofitable. CLL has dropped off the list while PRE has positive earnings and thus joins it.


Price to Sales

CMT..........0.5

CLL ..........0.9

OPC.........1.0

PDP..........1.4

TT.............1.5

NXY..........1.8

ECA..........2.0

RE............2.6

VRO.........2.8

TLM..........3.0

OEX..........3.0

AAV..........3.3

PMG.........3.5

CNQ.........3.6

Industry...4.0

PBN.........4.4

GTE.........5.1

PRE.........5.7

TGL.........7.9

ALE.........9.8

BNK.......12.7

SOG.......14.6

CNE.......20.4

AOS.......20.6

QEC.......27.5

IE ..........31.4

Price to Book

CMT........0.1

OPC........0.2

PDP........0.4

CLL ........0.7

OEX........0.8

TT...........0.9

AAV........0.9

AOS........0.9

PBN........1.1

ECA........1.2

QEC........1.2

NXY.........1.3

RE...........1.4

VRO........1.4

ALE.........1.6

TLM.........1.8

CNQ.........2.1

IE ............2.1

GTE.........2.2

Industry...2.9

SOG .......2.9

PRE........4.3

BNK........4.9

TGL.........5.6

PMG........6.1

CNE........7.9

Price to Cash Flow

CMT...........2.6

TT..............3.8

NXY...........4.5

PDP...........4.7

TLM...........5.8

AAV..........5.9

VRO..........6.0

PBN..........6.2

RE............6.9

ECA..........7.1

CNQ..........7.1

GTE..........9.8

PMG.........9.8

OEX.........10.5

CLL .........11.4

Industry...11.5

PRE.........13.0

TGL..........24.7

BNK.........27.0

QEC drops off the Price to Cash Flow list while there is some shuffling at the top vs Q2 numbers. CMT still takes #1 spot as it does with the Price to Sales and Price to Book Value method, same as Q2. It will be interesting to see if CMT's stock price recovers to a level where its financial ratios imply that it should.


Profit Margin

PMG........23.76%

ECA........16.47%

CNQ........15.58%

NXY.........9.95%

PBN.........9.13%

Industry...6.37%

CLL .........6.26%

GTE.........5.31%

TT............0.03%

BNK........-0.23%

CMT........-2.53%

TGL.........-8.54%

TLM........-11.11%

PDP........-15.09%

RE..........-15.35%

PRE.......-24.03%

AAV.......-24.23%

VRO.......-31.92%

OEX.......-49.56%

QEC......-114.82%

ALE.......-138.51%

AOS......-150.25%

IE .........-159.65%

SOG......-170.42%

CNE......-209.05%

OPC......-212.85%

Disclaimer: The source of my information is TD Waterhouse Market Research services as of December 2, 2010. I own positions in Petrolifera Petroleum and Compton Petroleum.

Click here to see similar information for US-listed companies. Note that some companies are cross-listed on the US and Canadian lists. Their numbers differ slightly because of the different accounting rules for each country.

Click here to see some information on three Canadian oil resource stocks with tremendous potential

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