S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Wall Street rises to more records to close out its latest winning month
Delta Airline’s Put Option Activity Isn’t Bad News
Disney Stock Catches 3 Upgrades In a Single Week
3 Value Stocks Too Small For Buffett’s Portfolio
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Wall Street rises to more records to close out its latest winning month
Delta Airline’s Put Option Activity Isn’t Bad News
Disney Stock Catches 3 Upgrades In a Single Week
3 Value Stocks Too Small For Buffett’s Portfolio
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Wall Street rises to more records to close out its latest winning month
Delta Airline’s Put Option Activity Isn’t Bad News
Disney Stock Catches 3 Upgrades In a Single Week
3 Value Stocks Too Small For Buffett’s Portfolio
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Wall Street rises to more records to close out its latest winning month
Delta Airline’s Put Option Activity Isn’t Bad News
Disney Stock Catches 3 Upgrades In a Single Week
3 Value Stocks Too Small For Buffett’s Portfolio
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
TSE:CET

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

C$0.89
-0.01 (-1.11%)
(As of 03/28/2024 ET)
Today's Range
C$0.85
C$0.90
50-Day Range
C$0.76
C$0.94
52-Week Range
C$0.56
C$1.08
Volume
349,710 shs
Average Volume
154,660 shs
Market Capitalization
C$215.08 million
P/E Ratio
9.89
Dividend Yield
17.98%
Price Target
C$1.73

Cathedral Energy Services MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
94.8% Upside
C$1.73 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
-0.40mentions of Cathedral Energy Services in the last 14 days
Based on 2 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.44 out of 5 stars

CET stock logo

About Cathedral Energy Services Stock (TSE:CET)

Cathedral Energy Services Ltd., together with its subsidiaries, offers directional drilling services to oil and natural gas companies in western Canada and the United States. It provides horizontal and directional drilling services, measurement-while-drilling systems, positive displacement mud motors, rotary steerable systems, drilling jars, shock subs, drill collars, and drilling optimization and well planning services. The company was founded in 1998 and is headquartered in Calgary, Canada.

CET Stock Price History

CET Stock News Headlines

[BUY ALERT] Our #1 A.I. Stock for March
It's the one AI stock nobody is talking about. Cathy Wood just bought 11 million shares of it.
Cathedral Energy Services Ltd CET
[BUY ALERT] Our #1 A.I. Stock for March
It's the one AI stock nobody is talking about. Cathy Wood just bought 11 million shares of it.
CET:CA Cathedral Energy Services Ltd.
Cathedral Energy Services (CET) Receives a Buy from Stifel Nicolaus
See More Headlines
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.

Company Calendar

Today
3/28/2024
Next Earnings (Estimated)
5/09/2024

Industry, Sector and Symbol

Sector
Energy
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 Target
C$1.73
High Stock Price Target
C$2.25
Low Stock Price Target
C$1.30
Potential Upside/Downside
+92.6%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
3 Analysts

Profitability

Net Income
C$19.13 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$518.41 million
Cash Flow
C$0.03 per share
Book Value
C$0.75 per share

Miscellaneous

Free Float
N/A
Market Cap
C$217.49 million
Optionable
Not Optionable
Beta
2.66
5G Stocks: The Path Forward is Profitable Cover

Click the link below and we'll send you MarketBeat's guide to investing in 5G and which 5G stocks show the most promise.

Get This Free Report

Key Executives

  • Mr. Roderick Donald Maxwell C.A.
    CPA, CA, CBV, Executive Chairman
  • Mr. Thomas J. Connors
    President, CEO & Director
  • Mr. Randal H. Pustanyk
    Co-Founder, Executive VP & Corporate Secretary
  • Mr. Fawzi Irani M.B.A.
    P.Eng., Senior Vice President of U.S. Operations
  • Mr. W. Lee Harns
    President of Altitude Energy Partners -US Operations
  • Mr. P. Scott MacFarlane
    Interim Chief Financial Officer
  • Mr. Kevin Miller CA
    Director of Finance & Accounting
  • Mr. David Diachok
    Vice President of Sales
  • Mr. Michael James Hearn
    Senior Vice President of Corporate Development

CET Stock Analysis - Frequently Asked Questions

Should I buy or sell Cathedral Energy Services stock right now?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cathedral Energy Services in the last twelve months. There are currently 3 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 target for 2024?

3 equities research analysts have issued twelve-month price targets for Cathedral Energy Services' stock. Their CET share price targets range from C$1.30 to C$2.25. On average, they anticipate the company's share price to reach C$1.73 in the next year. This suggests a possible upside of 94.8% 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 2024?

Cathedral Energy Services' stock was trading at C$0.70 on January 1st, 2024. Since then, CET stock has increased by 27.1% and is now trading at C$0.89.
View the best growth stocks for 2024 here
.

When is Cathedral Energy Services' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 9th 2024.
View our CET earnings forecast
.

Is Cathedral Energy Services a good dividend stock?

Cathedral Energy Services (TSE:CET) pays an annual dividend of C$0.16 per share and currently has a dividend yield of 36.36%. CET has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 177.78%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for CET.

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).

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.

This page (TSE:CET) was last updated on 3/28/2024 by MarketBeat.com Staff

From Our Partners