Today, we have shortlisted 12 energy stocks of Canada that are expected to report decent gross profit, operating profit and net profit margins for fiscal year 2014, notwithstanding the sharp fall in crude prices over the past few months. During the past one month, these stocks have registered daily average trading volumes in excess of 100,000.
| Company Name |
Ticker |
Exchange |
Market Cap |
Last Price |
Average Volume |
Price Change (1-Month) |
Gross Margin 2014(E) |
Operating Margin 2014(E) |
Net Profit Margin 2014(E) |
|
Pason Systems Inc |
PSI |
TSX |
2,138.6 |
25.80 |
310,485 |
-5.5% |
69.9% |
40.9% |
24.9% |
|
Baytex Energy Corp |
BTE |
TSX |
4,267.8 |
25.60 |
2,700,141 |
-26.7% |
71.8% |
33.0% |
18.8% |
|
MEG Energy Corp |
MEG |
TSX |
4,654.9 |
20.80 |
1,471,626 |
-26.1% |
41.6% |
27.3% |
5.8% |
|
Western Energy Services Corp |
WRG |
TSX |
471.8 |
6.30 |
304,654 |
-15.4% |
40.7% |
21.8% |
12.6% |
|
Pacific Rubiales Energy Corp |
PRE |
TSX |
3,982.9 |
12.62 |
3,944,941 |
-29.2% |
62.1% |
21.6% |
7.8% |
|
High Arctic Energy Services Inc |
HWO |
TSX |
208.0 |
3.73 |
120,492 |
-9.0% |
35.9% |
21.0% |
15.5% |
|
Bonavista Energy Corp |
BNP |
TSX |
2,120.4 |
9.81 |
1,434,781 |
-9.9% |
67.9% |
18.2% |
8.1% |
|
Precision Drilling Corp |
PD |
TSX |
2,160.6 |
7.38 |
3,723,216 |
-20.9% |
40.1% |
15.5% |
9.3% |
|
ShawCor Ltd |
SCL |
TSX |
3,123.2 |
48.43 |
243,561 |
-4.0% |
38.5% |
13.8% |
8.6% |
|
Canadian Energy Services & Technology Corp |
CEU |
TSX |
1,471.2 |
6.88 |
1,412,278 |
-23.0% |
29.9% |
13.5% |
7.8% |
|
Canyon Services Group Inc |
FRC |
TSX |
666.7 |
9.72 |
888,062 |
-9.2% |
26.0% |
13.4% |
9.6% |
|
Trinidad Drilling Ltd |
TDG |
TSX |
809.8 |
5.86 |
1,495,166 |
-17.3% |
34.9% |
13.0% |
5.4% |
Source: Bloomberg
Company Description
Pason Systems Inc (TSX: PSI)
Pason Systems Inc. provides rental oilfield instrumentation systems that are designed and manufactured for use on land-based drilling and service rigs. The company offers both wellsite rental services and Internet data management services.
Baytex Energy Corp (TSX: BTE)
Baytex Energy Corporation explores for and produces oil and natural gas. The company operates in the Western Canadian Sedimentary Basin and in the United States.
MEG Energy Corp (TSX: MEG)
MEG Energy Corporation is an oil and gas corporation. The company is involved in oil sands development and owns oil sand leases. MEG Energy is located in Calgary, Canada.
Western Energy Services Corp (TSX: WRG)
Western Energy Services Corp. is an oilfield service company which provides contract drilling services in Canada and the United States. In Canada, Western also provides well servicing and oilfield rental services.
Pacific Rubiales Energy Corp (TSX: PRE)
Pacific Rubiales Energy Corporation focuses on the exploration, development and production of heavy crude oil, light and medium oil, and gas in Colombia. The company also has exploration blocks in Peru.
High Arctic Energy Services Inc (TSX: HWO)
High Arctic Energy Services Inc. offers oilfield services. The company offers underbalanced drilling and production services, equipment, design and development services, and technical support and training.
Bonavista Energy Corp (TSX: BNP)
Bonavista Energy Corporation produces oil and natural gas. The company operates in Alberta, Saskatchewan, and British Columbia.
Precision Drilling Corp (TSX: PD)
Precision Drilling Corporation is an integrated oilfield drilling and energy service company providing services to the oil and gas industry. The company provides oilfield rentals, well services, catering services, and drilling services through its several business units.
ShawCor Ltd (TSX: SCL)
ShawCor Ltd. is an energy services company focusing on technology-based products and services. The company serves exploration and production, pipeline, petrochemical, and industrial markets around the world. ShawCor operates through its partial interest in Bredero-Shaw, and through its OMSCO, Guardian, Shaw Pipeline Services, Canusa-CPA, DSG-Canusa, and ShawFlex business units.
Canadian Energy Services & Technology Corp (TSX: CEU)
Canadian Energy Services & Technology Corporation, through subsidiaries, designs and delivers drilling fluid systems used to drill oil and natural gas wells.
Canyon Services Group Inc (TSX: FRC)
Canyon Services Group, Inc. offers oil field services. The company offers fracturing and chemical stimulation services to enhance oil and natural gas production.
Trinidad Drilling Ltd (TSX: TDG)
Trinidad Drilling Ltd. offers drilling services to the oil and gas industry. The company owns land drilling and barge rigs.
