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TSE:CET

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

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About Cathedral Energy Services Stock (TSE:CET)

Key Stats

Today's Range
N/A
50-Day Range
C$0.90
C$6.55
52-Week Range
N/A
Volume
283,250 shs
Average Volume
323,893 shs
Market Capitalization
C$216.31 million
P/E Ratio
11.25
Dividend Yield
36.36%
Price Target
C$1.50
Consensus Rating
Buy

Company Overview

Cathedral Energy Services Ltd., together with its subsidiaries, provides directional drilling services to oil and natural gas companies in western Canada and the United States. It offers remote directional and measurement-while-drilling (MWD), automated gamma, drilling optimization, and well planning services. The company's products include nDURANCE motors for formations with poor build tendencies and monobore wells, as well as hard, aggressive, and unconsolidated formations; MWD sensors to determine trajectory parameters, such as inclination, direction, and tool-face orientation; FUSION MWD system, a central data processing unit to which a range of sensors and telemetry options can be connected to provide the data collection and transmission services; and RapidFire, a MWD tool. The company was founded in 1998 and is headquartered in Calgary, Canada.

Cathedral Energy Services Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
51st Percentile Overall Score

CET MarketRank™: 

Cathedral Energy Services scored higher than 51% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Cathedral Energy Services has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Cathedral Energy Services has received no research coverage in the past 90 days.

  • Read more about Cathedral Energy Services' stock forecast and price target.
  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Cathedral Energy Services is 11.25, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 125.55.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Cathedral Energy Services is 11.25, which means that it is trading at a less expensive P/E ratio than the Energy sector average P/E ratio of about 110.85.

  • Price to Earnings Growth Ratio

    Due to a projected decrease in earnings for Cathedral Energy Services, their PEG ratio cannot be calculated.

  • Short Interest

    There is no current short interest data available for CET.
  • Dividend Leadership

    Cathedral Energy Services is a leading dividend payer. It pays a dividend yield of 36.36%, putting its dividend yield in the top 25% of dividend-paying stocks.

  • Dividend Growth

    Cathedral Energy Services does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of Cathedral Energy Services is 200.00%. Payout ratios above 75% are not desirable because they may not be sustainable.

  • Read more about Cathedral Energy Services' dividend.
  • Short Interest

    There is no current short interest data available for CET.
  • Search Interest

    Only 1 people have searched for CET on MarketBeat in the last 30 days. This is a decrease of -75% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Cathedral Energy Services insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    21.55% of the stock of Cathedral Energy Services is held by insiders. A high percentage of insider ownership can be a sign of company health.

  • Percentage Held by Institutions

    Only 14.10% of the stock of Cathedral Energy Services is held by institutions.

  • Read more about Cathedral Energy Services' insider trading history.
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CET Stock News Headlines

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Power Outage Reported in Cathedral City
Stocks in play: Cathedral Energy Services Ltd.
See More Headlines

CET Stock Analysis - Frequently Asked Questions

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.

Based on aggregate information from My MarketBeat watchlists, some other companies that Cathedral Energy Services investors own include Toronto-Dominion Bank (TD), Baytex Energy (BTE), Kirkland Lake Gold (KL), Meta Platforms (META), Whitecap Resources (WCP), Aurora Cannabis (ACB) and AltaGas (ALA).

Industry, Sector and Symbol

Sector
Energy
Industry
Oil & Gas Drilling
Sub-Industry
Financial Services
CIK
N/A
Fax
N/A
Employees
6
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
C$1.50
High Stock Price Target
C$1.50
Low Stock Price Target
C$1.50
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

Net Income
C$21.42 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$577.31 million
Book Value
C$0.80 per share

Miscellaneous

Free Float
N/A
Market Cap
C$216.31 million
Optionable
Not Optionable
Beta
2.64
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This page (TSE:CET) was last updated on 11/23/2024 by MarketBeat.com Staff
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