TSE:CET

Cathedral Energy Services - CET Stock Forecast, Price & News

C$1.24

+0.01 (+0.81%)

(As of 12/1/2022 12:00 AM ET)

Add

Compare

Today's Range: C$1.21
▼
C$1.25
50-Day Range: C$0.63
▼
C$1.34
52-Week Range: C$0.34
▼
C$1.41

Volume: 286,157 shs
Average Volume: 242,821 shs
Market Capitalization: C$276.41 million

P/E Ratio: 124.00
Dividend Yield: N/A
Price Target: C$2.03

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.

Receive CET Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Cathedral Energy Services and its competitors with MarketBeat's FREE daily newsletter.

CET Stock News Headlines

November 27, 2022 | americanbankingnews.com

Cathedral Energy Services (TSE:CET) Share Price Crosses Above 200 Day Moving Average of $0.75

November 17, 2022 | finance.yahoo.com

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

November 15, 2022 | finance.yahoo.com

/C O R R E C T I O N -- Cathedral Energy Services Ltd./

November 8, 2022 | uk.finance.yahoo.com

Cathedral Energy Services Ltd. (CET.TO)

November 4, 2022 | finance.yahoo.com

Cathedral Energy Services (TSE:CET) delivers shareholders massive 64% CAGR over 3 years, surging 24% in the last week alone

October 26, 2022 | finance.yahoo.com

CATHEDRAL ENERGY SERVICES ANNOUNCES APPOINTMENT OF ROD MAXWELL AS EXECUTIVE CHAIR

October 20, 2022 | seekingalpha.com

CETEF Cathedral Energy Services Ltd.

October 15, 2022 | finance.yahoo.com

Cathedral Energy Services Ltd.'s (TSE:CET) largest shareholders are individual investors with 52% ownership, insiders own 40%

October 2, 2022 | reuters.com

Cathedral Energy Services Ltd

September 16, 2022 | theglobeandmail.com

Cathedral Energy Services: Top 25 Performing Stocks Year-to-Date on Toronto Stock Exchange (CET)

August 17, 2022 | theglobeandmail.com

Cathedral Energy Services: Top 25 Performing Stocks Year-to-Date TSX (CET-T)

August 15, 2022 | marketwatch.com

Cathedral Energy Services Sees Tight Supply/Demand Balance for Equipment and Field Personnel -- Energy Comment

August 5, 2022 | theglobeandmail.com

Cathedral Energy Services Ltd stock reduced on Thursday.

August 3, 2022 | theglobeandmail.com

Cathedral Energy Services CET is in the top 25 performing stocks year-to-date on the Toronto Stock Exchange

July 31, 2022 | theglobeandmail.com

Cathedral Energy Services Ltd stock advanced on Friday.

July 29, 2022 | theglobeandmail.com

Cathedral Energy Services Ltd stock advanced on Tuesday.

July 18, 2022 | finance.yahoo.com

CATHEDRAL ENERGY SERVICES ANNOUNCES ORGANIZATION UPDATES AND APPOINTMENT OF CF

July 15, 2022 | theglobeandmail.com

Cathedral Energy Services Ltd stock decreased on Friday.

July 14, 2022 | finance.yahoo.com

CATHEDRAL ENERGY SERVICES ANNOUNCES CLOSING OF ACQUISITION OF ALTITUDE ENERGY PARTNERS FOR $100MM USD

July 4, 2022 | theglobeandmail.com

Cathedral Energy Services signs deal to buy U.S. company Altitude Energy Partners

July 4, 2022 | finance.yahoo.com

CATHEDRAL ENERGY SERVICES ANNOUNCES SIGNIFICANT EXPANSION OF US OPERATIONS WITH AGREEMENT TO ACQUIRE ALTITUDE ENERGY PARTNERS FOR $100MM USD

June 23, 2022 | theglobeandmail.com

Cathedral Energy Services Ltd stock $verbed on Wednesday.

June 20, 2022 | finance.yahoo.com

CATHEDRAL ENERGY SERVICES ACQUIRES LEXA DRILLING TECHNOLOGIES; ADDS TECHNOLOGY LEADERSHIP WITH AXEL SCHMIDT AND ADDS CHAD ROBINSON IN KEY STRATEGY ROLE

June 19, 2022 | theglobeandmail.com

Cathedral Energy Services Ltd stock $verbed on Friday.

May 14, 2022 | barrons.com

Cathedral Energy Services Ltd. Wt

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

Receive CET Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Cathedral Energy Services and its competitors with MarketBeat's FREE daily newsletter.

CET Company Calendar

Today: 12/01/2022
Next Earnings (Estimated): 3/09/2023

Get Stock Alerts

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$2.03
High Stock Price Forecast: C$2.25
Low Stock Price Forecast: C$1.80
Forecasted Upside/Downside: +63.3%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 3 Analysts

Profitability

EPS (Most Recent Fiscal Year): N/A
Trailing P/E Ratio: 124.00
Forward P/E Ratio: 4.28
P/E Growth: -1.84
Net Income: N/A
Net Margins: N/A
Pretax Margin: N/A
Return on Equity: N/A
Return on Assets: N/A

Debt

Debt-to-Equity Ratio: 77.36
Current Ratio: 1.35
Quick Ratio: 1.05

Sales & Book Value

Annual Sales: C$193.59 million
Price / Sales: 1.43
Cash Flow: C$0.04 per share
Price / Cash Flow: 32.86
Book Value: C$0.63 per share
Price / Book: 1.98

Miscellaneous

Outstanding Shares: 222,909,000
Free Float: N/A
Market Cap: C$276.41 million
Optionable: Not Optionable
Beta: N/A

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 & Institutions

View All Insider Transactions
View All Institutional Transactions

CET Stock - Frequently Asked Questions

Should I buy or sell Cathedral Energy Services stock right now?: 3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Cathedral Energy Services in the last year. There are currently 3 buy ratings for the stock. The consensus among Wall Street equities research 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?: 3 analysts have issued 1 year target prices for Cathedral Energy Services' stock. Their CET share price forecasts range from C$1.80 to C$2.25. On average, they expect the company's stock price to reach C$2.03 in the next twelve months. This suggests a possible upside of 63.3% 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 2022?: Cathedral Energy Services' stock was trading at C$0.38 at the beginning of 2022. Since then, CET shares have increased by 226.3% and is now trading at C$1.24.
View the best growth stocks for 2022 here.
When is Cathedral Energy Services' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, March 9th 2023.
View our CET earnings forecast.

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$1.24.
How much money does Cathedral Energy Services make?: Cathedral Energy Services (TSE:CET) has a market capitalization of C$276.41 million and generates C$193.59 million in revenue each year.
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 12/1/2022 by MarketBeat.com Staff

Get 30 Days of MarketBeat All Access Free

Best-in-Class Portfolio Monitoring
View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.
Stock Ideas and Recommendations
Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.
Advanced Stock Screeners and Research Tools
Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

Start Your 30-Day Free Trial