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TSE:CET

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

C$6.60
+0.07 (+1.07%)
(As of 07/25/2024 ET)
Today's Range
C$6.40
C$6.60
50-Day Range
C$0.87
C$6.85
52-Week Range
C$0.62
C$0.98
Volume
15,086 shs
Average Volume
323,893 shs
Market Capitalization
C$1.59 billion
P/E Ratio
82.50
Dividend Yield
2.42%
Price Target
C$1.80

Cathedral Energy Services MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
72.7% Downside
C$1.80 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.44mentions of Cathedral Energy Services in the last 14 days
Based on 3 Articles This Week
Insider Trading
Selling Shares
C$714,053 Sold Last Quarter
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.01 out of 5 stars

CET stock logo

About Cathedral Energy Services Stock (TSE:CET)

Cathedral Energy Services Ltd., together with its subsidiaries, provides directional drilling services to oil and natural gas companies in western Canada and the United States. It offers remote directional and measurement-while-drilling (MWD), automated gamma, drilling optimization, and well planning services. The company's products include nDURANCE motors for formations with poor build tendencies and monobore wells, as well as hard, aggressive, and unconsolidated formations; MWD sensors to determine trajectory parameters, such as inclination, direction, and tool-face orientation; FUSION MWD system, a central data processing unit to which a range of sensors and telemetry options can be connected to provide the data collection and transmission services; and RapidFire, a MWD tool. The company was founded in 1998 and is headquartered in Calgary, Canada.

CET Stock Price History

CET Stock News Headlines

Rare signal predicts 50% market drop - before election
The market is near all-time highs, we're told that unemployment is low, AI's a gift to humanity, and the FED will cut rates any day now. But there's one indicator that's flashing a BIG warning sign to investors.
Stocks in play: Cathedral Energy Services Ltd.
Rare signal predicts 50% market drop - before election
The market is near all-time highs, we're told that unemployment is low, AI's a gift to humanity, and the FED will cut rates any day now. But there's one indicator that's flashing a BIG warning sign to investors.
Cathedral Energy Services Ltd CET
CET:CA Cathedral Energy Services Ltd.
Cathedral Energy Services (CET) Receives a Buy from Stifel Nicolaus
See More Headlines
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Company Calendar

Last Earnings
5/09/2024
Today
7/26/2024
Next Earnings (Estimated)
8/08/2024

Industry, Sector and Symbol

Sector
Energy
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 Target
C$1.80
High Stock Price Target
C$2.25
Low Stock Price Target
C$1.50
Potential Upside/Downside
-72.7%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
3 Analysts

Profitability

Net Income
C$21.42 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$577.31 million
Cash Flow
C$0.20 per share
Book Value
C$0.80 per share

Miscellaneous

Free Float
N/A
Market Cap
C$1.59 billion
Optionable
Not Optionable
Beta
2.64
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Key Executives

  • Mr. Roderick Donald Maxwell C.A.
    C.P.A., CA, CBV, Executive Chairman
  • Mr. Thomas J. Connors
    President, CEO & Director
  • Mr. P. Scott MacFarlane
    Interim Chief Financial Officer
  • Mr. W. Lee Harns
    President of Altitude Energy Partners
  • Mr. Clark Tyler
    Executive Vice President of Altitude Energy Partners - US Operations
  • Mr. Michael James Hearn
    Senior Vice President of Corporate Development
  • Mr. Fawzi Irani M.B.A.
    P.Eng., President of Discovery Downhole Services
  • Vaugn Spengler
    Senior Vice President of Canadian Operations
  • Manoj Gopalan
    President of Rime Downhole Technologies

CET Stock Analysis - Frequently Asked Questions

How have CET shares performed this year?

Cathedral Energy Services' stock was trading at C$0.70 at the beginning of the year. Since then, CET shares have increased by 842.9% and is now trading at C$6.60.
View the best growth stocks for 2024 here
.

How were Cathedral Energy Services' earnings last quarter?

Cathedral Energy Services Ltd. (TSE:CET) released its quarterly earnings data on Thursday, May, 9th. The company reported $0.04 EPS for the quarter, missing analysts' consensus estimates of $0.06 by $0.02. The business earned $164.96 million during the quarter, compared to the consensus estimate of $148.50 million. Cathedral Energy Services had a net margin of 3.71% and a trailing twelve-month return on equity of 12.31%.

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 other stocks do shareholders of Cathedral Energy Services own?

Based on aggregate information from My MarketBeat watchlists, some other companies that 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) and Athabasca Oil (ATH).

This page (TSE:CET) was last updated on 7/26/2024 by MarketBeat.com Staff

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