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MarketBeat Week in Review – 12/4 - 12/8
How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology (Ad)
Amazon asks federal judge to dismiss the FTC's antitrust lawsuit against the company
Indiana secretary of state appeals ruling for US Senate candidate seeking GOP nod
How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology (Ad)
What is carbon capture and why does it keep coming up at COP28?
Dozens of animals taken from Virginia roadside zoo as part of investigation
How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology (Ad)
Polish truck drivers are blocking the border with Ukraine. It's hurting on the battlefield
Peek inside Joe Biden's campaign fundraisers, where big money mingles with old jokes in swanky homes
S&P 500   4,604.37
DOW   36,247.87
QQQ   392.17
MarketBeat Week in Review – 12/4 - 12/8
How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology (Ad)
Amazon asks federal judge to dismiss the FTC's antitrust lawsuit against the company
Indiana secretary of state appeals ruling for US Senate candidate seeking GOP nod
How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology (Ad)
What is carbon capture and why does it keep coming up at COP28?
Dozens of animals taken from Virginia roadside zoo as part of investigation
How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology (Ad)
Polish truck drivers are blocking the border with Ukraine. It's hurting on the battlefield
Peek inside Joe Biden's campaign fundraisers, where big money mingles with old jokes in swanky homes
S&P 500   4,604.37
DOW   36,247.87
QQQ   392.17
MarketBeat Week in Review – 12/4 - 12/8
How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology (Ad)
Amazon asks federal judge to dismiss the FTC's antitrust lawsuit against the company
Indiana secretary of state appeals ruling for US Senate candidate seeking GOP nod
How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology (Ad)
What is carbon capture and why does it keep coming up at COP28?
Dozens of animals taken from Virginia roadside zoo as part of investigation
How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology (Ad)
Polish truck drivers are blocking the border with Ukraine. It's hurting on the battlefield
Peek inside Joe Biden's campaign fundraisers, where big money mingles with old jokes in swanky homes
S&P 500   4,604.37
DOW   36,247.87
QQQ   392.17
MarketBeat Week in Review – 12/4 - 12/8
How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology (Ad)
Amazon asks federal judge to dismiss the FTC's antitrust lawsuit against the company
Indiana secretary of state appeals ruling for US Senate candidate seeking GOP nod
How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology (Ad)
What is carbon capture and why does it keep coming up at COP28?
Dozens of animals taken from Virginia roadside zoo as part of investigation
How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology (Ad)
Polish truck drivers are blocking the border with Ukraine. It's hurting on the battlefield
Peek inside Joe Biden's campaign fundraisers, where big money mingles with old jokes in swanky homes

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

C$0.73
+0.02 (+2.82%)
(As of 12/8/2023 ET)
Compare
Today's Range
C$0.72
C$0.74
50-Day Range
C$0.71
C$0.86
52-Week Range
C$0.56
C$1.52
Volume
120,087 shs
Average Volume
393,758 shs
Market Capitalization
C$176.41 million
P/E Ratio
8.11
Dividend Yield
21.92%
Price Target
C$1.77

Cathedral Energy Services MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
142.0% Upside
C$1.77 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
1.24mentions of Cathedral Energy Services in the last 14 days
Based on 4 Articles This Week
Insider Trading
Acquiring Shares
C$142,000 Bought Last Quarter
Proj. Earnings Growth
N/A

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


CET stock logo

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.

CET Stock Price History

CET Stock News Headlines

[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity
Autonomix 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.com
CET:CA Cathedral Energy Services Ltd.
Cathedral Energy Services (CET) Receives a Buy from Stifel Nicolaus
How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology
Autonomix 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.com
See More Headlines
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Company Calendar

Last Earnings
11/09/2023
Today
12/09/2023
Next Earnings (Estimated)
4/12/2024

Industry, Sector and Symbol

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

Price Target and Rating

Average Stock Price Target
C$1.77
High Stock Price Target
C$2.25
Low Stock Price Target
C$1.40
Potential Upside/Downside
+142.0%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
2 Analysts

Profitability

Net Income
C$19.13 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$518.41 million
Cash Flow
C$0.02 per share
Book Value
C$0.75 per share

Miscellaneous

Free Float
N/A
Market Cap
C$176.41 million
Optionable
Not Optionable
Beta
2.66
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Key Executives

  • Mr. Roderick Donald Maxwell C.A.
    CPA, CA, CBV, Executive Chairman
  • Mr. Thomas J. Connors
    President, CEO & Director
  • Mr. Randal H. Pustanyk
    Co-Founder, Executive VP & Corporate Secretary
  • Mr. Fawzi Irani M.B.A.
    P.Eng., Senior Vice President of U.S. Operations
  • Mr. W. Lee Harns
    President of Altitude Energy Partners -US Operations
  • Mr. P. Scott MacFarlane
    Interim Chief Financial Officer
  • Mr. Kevin Miller CA
    Director of Finance & Accounting
  • Mr. David Diachok
    Vice President of Sales
  • Mr. Michael James Hearn
    Senior Vice President of Corporate Development














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

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