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

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Cathedral Energy Services in the last twelve months. There are currently 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" CET shares.
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4 Wall Street analysts have issued 1 year price objectives for Cathedral Energy Services' stock. Their CET share price forecasts range from C$1.80 to C$2.30. On average, they predict the company's share price to reach C$2.12 in the next twelve months. This suggests a possible upside of 206.8% from the stock's current price.
View analysts price targets for CET or view top-rated stocks among Wall Street analysts.

Cathedral Energy Services' stock was trading at C$1.26 at the beginning of the year. Since then, CET stock has decreased by 45.2% and is now trading at C$0.69.
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The company is scheduled to release its next quarterly earnings announcement on Monday, August 21st 2023.
View our CET earnings forecast.

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

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).

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

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One share of CET stock can currently be purchased for approximately C$0.69.

Cathedral Energy Services (TSE:CET) has a market capitalization of C$166.99 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.

The company employs 47,230 workers across the globe.

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.