S&P 500   4,205.45
DOW   33,093.34
QQQ   348.40
China's 1st domestically made passenger plane completes maiden commercial flight
BREAKING: Tiny biotech successfully treats blindness (Ad)
In Nigeria’s hard-hit north, families seek justice as armed groups seek control
EgyptAir flight from Cairo blows tire during landing in Saudi Arabia
BREAKING: Tiny biotech successfully treats blindness (Ad)
Russia launched 'largest drone attack' on Ukrainian capital before Kyiv Day; 1 killed
Text released of 99-page bill to raise debt limit, curb spending; lawmakers to review as House eyes Wednesday vote
15 A.I. Trading Opportunities a Day (Ad)
Takeaways on debt ceiling: McCarthy's balancing act, Biden's choice and the challenges ahead
Debt ceiling agreement gets thumbs up from business groups, jeers from some on political right
S&P 500   4,205.45
DOW   33,093.34
QQQ   348.40
China's 1st domestically made passenger plane completes maiden commercial flight
BREAKING: Tiny biotech successfully treats blindness (Ad)
In Nigeria’s hard-hit north, families seek justice as armed groups seek control
EgyptAir flight from Cairo blows tire during landing in Saudi Arabia
BREAKING: Tiny biotech successfully treats blindness (Ad)
Russia launched 'largest drone attack' on Ukrainian capital before Kyiv Day; 1 killed
Text released of 99-page bill to raise debt limit, curb spending; lawmakers to review as House eyes Wednesday vote
15 A.I. Trading Opportunities a Day (Ad)
Takeaways on debt ceiling: McCarthy's balancing act, Biden's choice and the challenges ahead
Debt ceiling agreement gets thumbs up from business groups, jeers from some on political right
S&P 500   4,205.45
DOW   33,093.34
QQQ   348.40
China's 1st domestically made passenger plane completes maiden commercial flight
BREAKING: Tiny biotech successfully treats blindness (Ad)
In Nigeria’s hard-hit north, families seek justice as armed groups seek control
EgyptAir flight from Cairo blows tire during landing in Saudi Arabia
BREAKING: Tiny biotech successfully treats blindness (Ad)
Russia launched 'largest drone attack' on Ukrainian capital before Kyiv Day; 1 killed
Text released of 99-page bill to raise debt limit, curb spending; lawmakers to review as House eyes Wednesday vote
15 A.I. Trading Opportunities a Day (Ad)
Takeaways on debt ceiling: McCarthy's balancing act, Biden's choice and the challenges ahead
Debt ceiling agreement gets thumbs up from business groups, jeers from some on political right
S&P 500   4,205.45
DOW   33,093.34
QQQ   348.40
China's 1st domestically made passenger plane completes maiden commercial flight
BREAKING: Tiny biotech successfully treats blindness (Ad)
In Nigeria’s hard-hit north, families seek justice as armed groups seek control
EgyptAir flight from Cairo blows tire during landing in Saudi Arabia
BREAKING: Tiny biotech successfully treats blindness (Ad)
Russia launched 'largest drone attack' on Ukrainian capital before Kyiv Day; 1 killed
Text released of 99-page bill to raise debt limit, curb spending; lawmakers to review as House eyes Wednesday vote
15 A.I. Trading Opportunities a Day (Ad)
Takeaways on debt ceiling: McCarthy's balancing act, Biden's choice and the challenges ahead
Debt ceiling agreement gets thumbs up from business groups, jeers from some on political right
TSE:CET

Cathedral Energy Services (CET) Stock Forecast, Price & News

C$0.74
+0.01 (+1.37%)
(As of 05/26/2023 08:48 PM ET)
Compare
Today's Range
C$0.72
C$0.75
50-Day Range
C$0.70
C$1.06
52-Week Range
C$0.47
C$1.52
Volume
120,507 shs
Average Volume
446,365 shs
Market Capitalization
C$179.09 million
P/E Ratio
8.22
Dividend Yield
N/A
Price Target
C$2.12

CET stock logo

About Cathedral Energy Services (TSE:CET) Stock

Cathedral Energy Services Ltd., together with its subsidiary, Cathedral Energy Services Inc., offers directional drilling services to oil and natural gas companies in western Canada and the United States. It provides directional drilling services, motor rentals, automated gamma, remote drilling, drilling optimization, and well planning services. The company was founded in 1998 and is headquartered in Calgary, Canada.

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CET Stock News Headlines

[BREAKING] New "Living Missile" to Replace Nuclear Missiles
CBS News Reports: "It's an entirely new type of weapon." The New York Times Reports: "No existing defense can stop it." And one small company is building them for the Pentagon!
Wall Street Veteran: "A New Wave of Crashes Will Rock US Stocks"
He called the 2020 crash and 2022 bear market. Now he says the next 90 days will determine your financial life for a decade. It doesn't matter if you have money in stocks right now, or are waiting on the sidelines. The short period we're about to enter changes everything.
TSX:CET (Cathedral Energy Services Ltd.)
See More Headlines
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CET Company Calendar

Last Earnings
4/14/2023
Today
5/29/2023
Next Earnings (Estimated)
8/21/2023

Industry, Sector and Symbol

Industry
Oil & Gas Drilling
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
47,230
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
C$2.12
High Stock Price Forecast
C$2.30
Low Stock Price Forecast
C$1.80
Forecasted Upside/Downside
+186.0%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
4 Analysts

Profitability

Net Income
C$16.90 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$391.68 million
Cash Flow
C$0.02 per share
Book Value
C$0.64 per share

Miscellaneous

Free Float
N/A
Market Cap
C$179.09 million
Optionable
Not Optionable
Beta
2.49

Key Executives

  • Mr. Roderick Donald Maxwell C.A.
    CPA, CA, CBV, Exec. Chairman
  • Mr. Thomas J. Connors
    Pres, CEO & Director
  • Mr. Randal H. Pustanyk
    Co-Founder, Exec. VP, Corp. Sec. & Director
  • Mr. David Diachok
    VP of Sales
  • Mr. Fawzi Irani M.B.A.
    P.Eng., Sr. VP of U.S. Operations
  • Mr. Chad Robinson (Age 44)
    Chief Financial Officer
  • Mr. Kevin Miller CA
    Director of Fin. & Accounting
  • Mr. Axel Schmidt
    Sr. VP of Engineering & Technology













CET Stock - Frequently Asked Questions

Should I buy or sell Cathedral Energy Services stock right now?

4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Cathedral Energy Services in the last year. There are currently 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" CET shares.
View CET analyst ratings
or view top-rated stocks.

What is Cathedral Energy Services' stock price forecast for 2023?

4 equities research analysts have issued 12-month price targets for Cathedral Energy Services' stock. Their CET share price forecasts range from C$1.80 to C$2.30. On average, they anticipate the company's share price to reach C$2.12 in the next year. This suggests a possible upside of 186.0% 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 41.3% and is now trading at C$0.74.
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 Monday, August 21st 2023.
View our CET earnings forecast
.

How were Cathedral Energy Services' earnings last quarter?

Cathedral Energy Services Ltd. (TSE:CET) posted its earnings results on Friday, April, 14th. The company reported $0.05 EPS for the quarter. The business had revenue of $128.52 million for the quarter. Cathedral Energy Services had a trailing twelve-month return on equity of 16.11% and a net margin of 4.31%.

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).

What is Cathedral Energy Services' stock symbol?

Cathedral Energy Services trades on the Toronto Stock Exchange (TSX) under the ticker symbol "CET."

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.

What is Cathedral Energy Services' stock price today?

One share of CET stock can currently be purchased for approximately C$0.74.

How much money does Cathedral Energy Services make?

Cathedral Energy Services (TSE:CET) has a market capitalization of C$179.09 million and generates C$391.68 million in revenue each year. The company earns C$16.90 million in net income (profit) each year or C$0.09 on an earnings per share basis.

How many employees does Cathedral Energy Services have?

The company employs 47,230 workers across the globe.

How can I contact Cathedral Energy Services?

Cathedral Energy Services' mailing address is 6030 3 St SE, CALGARY, AB T2H 1K2, Canada. The official website for the company is www.cathedralenergyservices.com. The company can be reached via phone at +1-403-2652560.

This page (TSE:CET) was last updated on 5/29/2023 by MarketBeat.com Staff

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