Cathedral Energy Services Stock Price, News & Analysis (TSE:CET) C$0.73 +0.02 (+2.82%) (As of 12/8/2023 ET) Add Compare Share Share Today's RangeC$0.72▼C$0.7450-Day RangeC$0.71▼C$0.8652-Week RangeC$0.56▼C$1.52Volume120,087 shsAverage Volume393,758 shsMarket CapitalizationC$176.41 millionP/E Ratio8.11Dividend Yield21.92%Price TargetC$1.77 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsHeadlinesInsider TradesStock AnalysisAnalyst ForecastsChartCompetitorsEarningsHeadlinesInsider Trades Cathedral Energy Services MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.50 Rating ScoreUpside/Downside142.0% UpsideC$1.77 Price TargetShort InterestN/ADividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment1.24Based on 4 Articles This WeekInsider TradingAcquiring SharesC$142,000 Bought Last QuarterProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.68 out of 5 stars 3.3 Analyst's Opinion Consensus RatingCathedral Energy Services has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of C$1.77, Cathedral Energy Services has a forecasted upside of 142.0% from its current price of C$0.73.Amount of Analyst CoverageCathedral Energy Services has only been the subject of 1 research reports in the past 90 days. Previous Next N/A Short Interest Short InterestThere is no current short interest data available for CET. Previous Next 1.7 Dividend Strength Dividend LeadershipCathedral Energy Services is a leading dividend payer. It pays a dividend yield of 36.36%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthCathedral Energy Services does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Cathedral Energy Services is 177.78%. Payout ratios above 75% are not desirable because they may not be sustainable. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for CET. Previous Next 2.9 News and Social Media Coverage News SentimentCathedral Energy Services has a news sentiment score of 1.24. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.47 average news sentiment score of Energy companies.News Coverage This WeekMarketBeat has tracked 4 news articles for Cathedral Energy Services this week, compared to 0 articles on an average week.Search InterestOnly 1 people have searched for CET on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Cathedral Energy Services insiders have bought more of their company's stock than they have sold. Specifically, they have bought C$142,000.00 in company stock and sold C$0.00 in company stock.Percentage Held by Insiders25.55% of the stock of Cathedral Energy Services is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by InstitutionsOnly 12.19% of the stock of Cathedral Energy Services is held by institutions. Previous Next 1.9 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Cathedral Energy Services is 8.11, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 110.76.Price to Earnings Ratio vs. SectorThe P/E ratio of Cathedral Energy Services is 8.11, which means that it is trading at a less expensive P/E ratio than the Energy sector average P/E ratio of about 115.71.Price to Earnings Growth RatioDue to a projected decrease in earnings for Cathedral Energy Services, their PEG ratio cannot be calculated.Price to Book Value per Share RatioCathedral Energy Services has a P/B Ratio of 0.97. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Cathedral Energy Services Stock (TSE:CET)Cathedral Energy Services Ltd., together with its subsidiaries, offers directional drilling services to oil and natural gas companies in western Canada and the United States. It provides horizontal and directional drilling services, measurement-while-drilling systems, positive displacement mud motors, rotary steerable systems, drilling jars, shock subs, drill collars, and drilling optimization and well planning services. The company was founded in 1998 and is headquartered in Calgary, Canada.Read More CET Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart CET Stock News HeadlinesDecember 6, 2023 | finance.yahoo.comDeclining Stock and Solid Fundamentals: Is The Market Wrong About Cathedral Energy Services Ltd. (TSE:CET)?December 5, 2023 | americanbankingnews.comCathedral Energy Services Ltd. (TSE:CET) Director Roderick Donald Maxwell Purchases 179,500 Shares of StockDecember 9, 2023 | Autonomix (Ad)[Investor Alert] Potential Breakthrough Medical Tech Investment OpportunityAutonomix has patented technology that can detect and target nerve signals at an accuracy never seen before, a $100B opportunity. Now the team with almost $600M in exits is planning to list Autonomix on the Nasdaq. And you can invest in Autonomix ahead of their intended Nasdaq listing.* *Disclosure: This is a paid advertisement for Autonomix’s Regulation A+ Offering. Please read the offering circular at invest.autonomix.comNovember 25, 2023 | msn.comCathedral to re-open after 22-month transformationNovember 9, 2023 | finance.yahoo.comCathedral Energy Services Ltd. Reports Third Quarter ResultsAugust 31, 2023 | theglobeandmail.comClosing Bell: Cathedral Energy Services Ltd flat on Wednesday (CET)August 7, 2023 | seekingalpha.comCET:CA Cathedral Energy Services Ltd.July 13, 2023 | markets.businessinsider.comCathedral Energy Services (CET) Receives a Buy from Stifel NicolausDecember 9, 2023 | Autonomix (Ad)How to Invest Early In the Next Potential Breakthrough Nerve-Sensing TechnologyAutonomix is preparing a public listing as they develop technology to potentially detect and treat a range of nervous system disorders with much greater visibility than available today. Now, their management team sees a potentially untapped $100B market opportunity.* *Disclosure: This is a paid advertisement for Autonomix’s Regulation A+ Offering. Please read the offering circular at invest.autonomix.comJuly 13, 2023 | finance.yahoo.comCATHEDRAL ENERGY SERVICES COMMENCES A NORMAL COURSE ISSUER BIDJune 27, 2023 | finance.yahoo.comResource Equity Partners Reaffirms Need for Change at Cathedral Energy Services Ltd.June 9, 2023 | msn.comSTIFEL CANADA Maintains Cathedral Energy Service (TSX:CET) Buy RecommendationMay 19, 2023 | theglobeandmail.comClosing Bell: Cathedral Energy Services Ltd flat on Friday (CET)May 18, 2023 | theglobeandmail.comClosing Bell: Cathedral Energy Services Ltd up on Wednesday (CET)May 10, 2023 | theglobeandmail.comClosing Bell: Cathedral Energy Services Ltd flat on Tuesday (CET)May 9, 2023 | theglobeandmail.comClosing Bell: Cathedral Energy Services Ltd up on Monday (CET)April 29, 2023 | theglobeandmail.comClosing Bell: Cathedral Energy Services Ltd down on Friday (CET)April 24, 2023 | theglobeandmail.comClosing Bell: Cathedral Energy Services Ltd Wts up on Monday (CET-WT)April 19, 2023 | theglobeandmail.comClosing Bell: Cathedral Energy Services Ltd Wts down on Tuesday (CET-WT)April 19, 2023 | theglobeandmail.comClosing Bell: Cathedral Energy Services Ltd down on Tuesday (CET)April 15, 2023 | finance.yahoo.comCathedral Energy Services (TSE:CET) shareholders have earned a 116% CAGR over the last three yearsApril 12, 2023 | theglobeandmail.comClosing Bell: Cathedral Energy Services Ltd Wts flat on Thursday (CET-WT)April 12, 2023 | theglobeandmail.comClosing Bell: Cathedral Energy Services Ltd up on Tuesday (CET)April 10, 2023 | msn.comTFSA: 3 Top TSX Stocks for Your $6,500 ContributionApril 6, 2023 | theglobeandmail.comClosing Bell: Cathedral Energy Services Ltd down on Wednesday (CET)March 19, 2023 | finance.yahoo.comCathedral Energy Services (TSE:CET) Shareholders Will Want The ROCE Trajectory To ContinueMarch 15, 2023 | abcnews.go.comParis: Notre Dame Cathedral set to reopen in December 2024See More Headlines Receive CET Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Cathedral Energy Services and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings11/09/2023Today12/09/2023Next Earnings (Estimated)4/12/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeTSE Industry Oil & Gas Drilling Sub-IndustryN/A SectorEnergy Current SymbolTSE:CET CUSIPN/A CIKN/A Webwww.cathedralenergyservices.com Phone+1-403-2652560FaxN/AEmployees47,230Year FoundedN/APrice Target and Rating Average Stock Price TargetC$1.77 High Stock Price TargetC$2.25 Low Stock Price TargetC$1.40 Potential Upside/Downside+142.0%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)C$0.09 Trailing P/E Ratio8.11 Forward P/E Ratio2.92 P/E Growth-1.64Net IncomeC$19.13 million Net Margins3.69% Pretax MarginN/A Return on Equity11.92% Return on Assets5.43% Debt Debt-to-Equity Ratio68.16 Current Ratio1.40 Quick Ratio1.05 Sales & Book Value Annual SalesC$518.41 million Price / Sales0.34 Cash FlowC$0.02 per share Price / Cash Flow32.86 Book ValueC$0.75 per share Price / Book0.97Miscellaneous Outstanding Shares241,660,000Free FloatN/AMarket CapC$176.41 million OptionableNot Optionable Beta2.66 5G Stocks: The Path Forward is ProfitableClick the link below and we'll send you MarketBeat's guide to investing in 5G and which 5G stocks show the most promise. Get This Free Report Key ExecutivesMr. Roderick Donald Maxwell C.A.CPA, CA, CBV, Executive ChairmanMr. Thomas J. ConnorsPresident, CEO & DirectorMr. Randal H. PustanykCo-Founder, Executive VP & Corporate SecretaryMr. Fawzi Irani M.B.A.P.Eng., Senior Vice President of U.S. OperationsMr. W. Lee HarnsPresident of Altitude Energy Partners -US OperationsMr. P. Scott MacFarlaneInterim Chief Financial OfficerMr. Kevin Miller CADirector of Finance & AccountingMr. David DiachokVice President of SalesMr. Michael James HearnSenior Vice President of Corporate DevelopmentMore ExecutivesKey CompetitorsWestern Energy ServicesTSE:WRGStampede DrillingCVE:SDIEnsign Energy ServicesTSE:ESIPHX Energy ServicesTSE:PHXGear EnergyTSE:GXEView All CompetitorsInsidersRoderick Donald MaxwellBought 20,500 shares on 12/7/2023Total: C$14,555.00 ($0.71/share)Roderick Donald MaxwellBought 179,500 shares on 12/4/2023Total: C$127,445.00 ($0.71/share)Axel SchmidtSold 2,100 sharesTotal: C$3,066.00 ($1.46/share)Roderick Donald MaxwellBought 2,800 shares on 1/9/2023Total: C$3,080.00 ($1.10/share)View All Insider Transactions CET Stock Analysis - Frequently Asked Questions Should I buy or sell Cathedral Energy Services stock right now? 2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cathedral Energy Services in the last twelve months. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" CET shares. View CET analyst ratings or view top-rated stocks. What is Cathedral Energy Services' stock price target for 2024? 2 brokerages have issued twelve-month target prices for Cathedral Energy Services' shares. Their CET share price targets range from C$1.40 to C$2.25. On average, they expect the company's stock price to reach C$1.77 in the next year. This suggests a possible upside of 142.0% from the stock's current price. View analysts price targets for CET or view top-rated stocks among Wall Street analysts. How have CET shares performed in 2023? Cathedral Energy Services' stock was trading at C$1.26 at the start of the year. Since then, CET stock has decreased by 42.1% and is now trading at C$0.73. View the best growth stocks for 2023 here. When is Cathedral Energy Services' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Friday, April 12th 2024. View our CET earnings forecast. How were Cathedral Energy Services' earnings last quarter? Cathedral Energy Services Ltd. (TSE:CET) issued its earnings results on Thursday, November, 9th. The company reported $0.04 EPS for the quarter, missing analysts' consensus estimates of $0.06 by $0.02. The firm had revenue of $145.59 million for the quarter, compared to analysts' expectations of $139.63 million. Cathedral Energy Services had a net margin of 3.69% and a trailing twelve-month return on equity of 11.92%. Is Cathedral Energy Services a good dividend stock? Cathedral Energy Services (TSE:CET) pays an annual dividend of C$0.16 per share and currently has a dividend yield of 36.36%. CET has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 177.78%. Payout ratios above 75% are not desirable because they may not be sustainable. Read our dividend analysis for CET. What other stocks do shareholders of Cathedral Energy Services own? Based on aggregate information from My MarketBeat watchlists, some companies that other Cathedral Energy Services investors own include Kirkland Lake Gold (KL), Baytex Energy (BTE), Aurora Cannabis (ACB), Whitecap Resources (WCP), AltaGas (ALA), Alimentation Couche-Tard (ATD.B), Athabasca Oil (ATH), Bellatrix Exploration (BXE), General Electric (GE) and Obsidian Energy (OBE). How do I buy shares of Cathedral Energy Services? Shares of CET stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.Compare Top Brokerages Here. This page (TSE:CET) was last updated on 12/9/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Cathedral Energy Services Ltd. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. 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