TSE:CET

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

C$0.72

+0.03 (+4.35%)

(As of 06/2/2023 ET)

Compare

Today's Range: C$0.69
▼
C$0.72
50-Day Range: C$0.68
▼
C$1.06
52-Week Range: C$0.47
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C$1.52

Volume: 86,500 shs
Average Volume: 432,871 shs
Market Capitalization: C$174.25 million

P/E Ratio: 8.00
Dividend Yield: N/A
Price Target: C$2.12

Profile Analyst Ratings Chart Competitors Earnings Insider Trades Headlines Social Media

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

May 19, 2023 | theglobeandmail.com

Closing Bell: Cathedral Energy Services Ltd flat on Friday (CET)

May 18, 2023 | theglobeandmail.com

Closing Bell: Cathedral Energy Services Ltd up on Wednesday (CET)

June 4, 2023 | Legacy Research (Affiliate) (Ad)

“One-Stock Millionaire” IGNORES 99.9% of the Market

During the 2008 financial crisis, millionaire trader Jeff Clark stunned the world when he managed to double his readers’ money 26 TIMES… CNBC caught wind of this and asked Jeff to come on live TV to explain his secret.

May 17, 2023 | americanbankingnews.com

Q2 2023 Earnings Forecast for Cathedral Energy Services Ltd. Issued By Stifel Firstegy (TSE:CET)

May 10, 2023 | theglobeandmail.com

Closing Bell: Cathedral Energy Services Ltd flat on Tuesday (CET)

May 9, 2023 | theglobeandmail.com

Closing Bell: Cathedral Energy Services Ltd up on Monday (CET)

April 29, 2023 | theglobeandmail.com

Closing Bell: Cathedral Energy Services Ltd down on Friday (CET)

April 24, 2023 | theglobeandmail.com

Closing Bell: Cathedral Energy Services Ltd Wts up on Monday (CET-WT)

June 4, 2023 | Legacy Research (Affiliate) (Ad)

“One-Stock Millionaire” IGNORES 99.9% of the Market

April 23, 2023 | americanbankingnews.com

FY2023 EPS Estimates for Cathedral Energy Services Ltd. Reduced by Stifel Firstegy (TSE:CET)

April 21, 2023 | americanbankingnews.com

FY2023 EPS Estimates for Cathedral Energy Services Ltd. (TSE:CET) Reduced by Analyst

April 19, 2023 | theglobeandmail.com

Closing Bell: Cathedral Energy Services Ltd Wts down on Tuesday (CET-WT)

April 19, 2023 | theglobeandmail.com

Closing Bell: Cathedral Energy Services Ltd down on Tuesday (CET)

April 18, 2023 | americanbankingnews.com

Q1 2023 EPS Estimates for Cathedral Energy Services Ltd. (TSE:CET) Cut by Analyst

April 18, 2023 | americanbankingnews.com

Q1 2023 EPS Estimates for Cathedral Energy Services Ltd. (TSE:CET) Lowered by Cormark

April 15, 2023 | finance.yahoo.com

Cathedral Energy Services (TSE:CET) shareholders have earned a 116% CAGR over the last three years

April 12, 2023 | theglobeandmail.com

Closing Bell: Cathedral Energy Services Ltd Wts flat on Thursday (CET-WT)

April 12, 2023 | theglobeandmail.com

Closing Bell: Cathedral Energy Services Ltd up on Tuesday (CET)

April 10, 2023 | msn.com

TFSA: 3 Top TSX Stocks for Your $6,500 Contribution

April 6, 2023 | theglobeandmail.com

Closing Bell: Cathedral Energy Services Ltd down on Wednesday (CET)

March 19, 2023 | finance.yahoo.com

Cathedral Energy Services (TSE:CET) Shareholders Will Want The ROCE Trajectory To Continue

March 15, 2023 | abcnews.go.com

Paris: Notre Dame Cathedral set to reopen in December 2024

February 21, 2023 | nytimes.com

A High-Maintenance Relationship for 637 Years, but Milan’s Duomo Is Still Adored

January 16, 2023 | fool.ca

TSX:CET (Cathedral Energy Services Ltd.)

January 3, 2023 | msn.com

'San Antonio | The Saga' video installation at San Fernando Cathedral suspended during restoration

December 7, 2022 | msn.com

Namirembe Cathedral choir performs ‘carols by candlelight

November 17, 2022 | finance.yahoo.com

Cathedral Energy Services Third Quarter 2022 Earnings: Revenues Beat Expectations, EPS Lags

See More Headlines

CET Price History

30 days | 90 days | 365 days | Advanced Chart

CET Company Calendar

Last Earnings: 4/14/2023
Today: 6/04/2023
Next Earnings (Estimated): 8/21/2023

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Industry, Sector and Symbol

Stock Exchange: TSE
Industry: Oil & Gas Drilling
Sub-Industry: N/A
Sector: Oils/Energy
Current Symbol: TSE:CET
CUSIP: N/A
CIK: N/A
Web: www.cathedralenergyservices.com
Phone: +1-403-2652560
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: +194.0%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 4 Analysts

Profitability

EPS (Most Recent Fiscal Year): C$0.09
Trailing P/E Ratio: 8.00
Forward P/E Ratio: 3.83
P/E Growth: -1.64
Net Income: C$16.90 million
Net Margins: 4.31%
Pretax Margin: N/A
Return on Equity: 16.11%
Return on Assets: 5.58%

Debt

Debt-to-Equity Ratio: 60.03
Current Ratio: 1.39
Quick Ratio: 1.05

Sales & Book Value

Annual Sales: C$391.68 million
Price / Sales: 0.44
Cash Flow: C$0.02 per share
Price / Cash Flow: 32.86
Book Value: C$0.64 per share
Price / Book: 1.13

Miscellaneous

Outstanding Shares: 242,020,000
Free Float: N/A
Market Cap: C$174.25 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

Key Competitors

View All Competitors

Insiders

View All Insider Transactions

CET Stock - Frequently Asked Questions

Should I buy or sell Cathedral Energy Services stock right now?: 4 Wall Street 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 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 Wall Street research analysts have issued 1 year price targets 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 year. This suggests a possible upside of 194.0% 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 42.9% and is now trading at C$0.72.
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) issued its earnings results on Friday, April, 14th. The company reported $0.05 EPS for the quarter. The business 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%.
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$0.72.
How much money does Cathedral Energy Services make?: Cathedral Energy Services (TSE:CET) has a market capitalization of C$174.25 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 6/4/2023 by MarketBeat.com Staff

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