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S&P 500   4,282.37
DOW   33,762.76
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Biden signs debt ceiling bill that pulls US back from brink of unprecedented default
66,000% upside on tiny biotech? (Ad)
Slow start to New York's legal pot market leaves farmers holding the bag
With oil prices slumping, OPEC+ producers weigh more production cuts
66,000% upside on tiny biotech? (Ad)
Russia bans 'unfriendly' countries' journalists from showpiece economic gathering
Apple is expected to unveil a sleek, pricey headset. Is it the device VR has been looking for?
Sell Every Stock, Except ONE (Ticker Revealed) (Ad)
Chuck Todd says he's leaving 'Meet the Press' after a tumultuous near-decade moderating the NBC political panel show
Oil tanker breaks down in Egypt's Suez Canal, briefly disrupting traffic in the global waterway
S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
Biden signs debt ceiling bill that pulls US back from brink of unprecedented default
66,000% upside on tiny biotech? (Ad)
Slow start to New York's legal pot market leaves farmers holding the bag
With oil prices slumping, OPEC+ producers weigh more production cuts
66,000% upside on tiny biotech? (Ad)
Russia bans 'unfriendly' countries' journalists from showpiece economic gathering
Apple is expected to unveil a sleek, pricey headset. Is it the device VR has been looking for?
Sell Every Stock, Except ONE (Ticker Revealed) (Ad)
Chuck Todd says he's leaving 'Meet the Press' after a tumultuous near-decade moderating the NBC political panel show
Oil tanker breaks down in Egypt's Suez Canal, briefly disrupting traffic in the global waterway
S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
Biden signs debt ceiling bill that pulls US back from brink of unprecedented default
66,000% upside on tiny biotech? (Ad)
Slow start to New York's legal pot market leaves farmers holding the bag
With oil prices slumping, OPEC+ producers weigh more production cuts
66,000% upside on tiny biotech? (Ad)
Russia bans 'unfriendly' countries' journalists from showpiece economic gathering
Apple is expected to unveil a sleek, pricey headset. Is it the device VR has been looking for?
Sell Every Stock, Except ONE (Ticker Revealed) (Ad)
Chuck Todd says he's leaving 'Meet the Press' after a tumultuous near-decade moderating the NBC political panel show
Oil tanker breaks down in Egypt's Suez Canal, briefly disrupting traffic in the global waterway
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
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

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

“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.
“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.
TSX:CET (Cathedral Energy Services Ltd.)
See More Headlines

CET Price History

CET Company Calendar

Last Earnings
4/14/2023
Today
6/04/2023
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
+194.0%
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$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













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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