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Nervous markets await NvidiaThis summary was created by AI, based on 4 opinions in the last 12 months.
Canadian Energy Services & Technology (CEU-T) has received mixed reviews from experts, highlighting its strong balance sheet and competent management but expressing concerns about near-term catalysts for stock performance. Some analysts note that while the company has a niche market share and is gaining ground against competitors, the overall spending environment for service companies remains challenging, which could hinder growth. However, there is optimism due to impressive free cash flow, recent acquisitions, and exceeding consensus estimates for the past five years. Analysts have differing views on the future prospects, with some suggesting potential upside while others prefer more stable pure-play oil or natural gas investments.
He sold it and did well. His interest in energy service stocks is low, because he doesn't see the US rig count increasing. Gas production growth will happen not until latter this year and into 2026. Pure play natural gas and/or oil will do better. Offshore is a potentially new market for them. Free cash flow is 19%. This and the sector are undervalued. This has good upside.
It has exceeded consensus estimates for the last 5 years with growing revenue margins, working capital and debt reduction. A recent acquisition should add to growth. Energy demand is rising and management is strong. Impressive free cash flow yield looks impressive. She sees 32% upside.
(Analysts’ price target is $10.41)They are in the services side of the energy picture. Last quarter its margins came down because of rising input costs that they have not been able to pass off. They took market share from competitors. If you look at the inflection point with OPEC, their production could go up and prices would go up as their reserves go down. (Analysts’ target: $8.14).
This sells drilling fluids and specialty chemicals. Gets about two thirds of revenue from the US, where they are expanding in the Permian play in Texas. Expects they will continue to ramp up. It has had a good run up over the last year, but is down from its highs of around $8.60 or so. He is expecting tremendous upside. Has a price target of $11. He sees continued growth from this sector in the US, and if we get a rebound in Canada as well, this company will be well positioned. (Analysts’ price target is $9.50.)
Secure Energy Services (SES-T) or Canadian Energy Services & Technology (CEU-T)? He is not really into the service names. This cut its dividend earlier this year and is only paying about .05%. Secure Energy has a 2.5% dividend yield. If you are looking for dividend exposure, Secure would be the one. Service companies are going to struggle for an extended period, particularly if oil starts to come up like he thinks it might. The balance sheet on both companies are very well positioned, but you might just have to wait on this, and right now is not the time to be buying it.
He does not want to own any service stocks at all. With the oil price and profitability so low production companies will have very little capital to spend on drilling. Oil services companies get hit first with low oil prices. The CEO has been selling the last couple of weeks. The guest owns less of this than he did a week and half ago.
Canadian Energy Services & Technology is a Canadian stock, trading under the symbol CEU-T on the Toronto Stock Exchange (CEU-CT). It is usually referred to as TSX:CEU or CEU-T
In the last year, 3 stock analysts published opinions about CEU-T. 2 analysts recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Canadian Energy Services & Technology.
Canadian Energy Services & Technology was recommended as a Top Pick by on . Read the latest stock experts ratings for Canadian Energy Services & Technology.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
3 stock analysts on Stockchase covered Canadian Energy Services & Technology In the last year. It is a trending stock that is worth watching.
On 2025-05-02, Canadian Energy Services & Technology (CEU-T) stock closed at a price of $6.25.
He's tempted, but difficult to see a near-term catalyst. Extremely strong balance sheet, very competent management. Gaining market share. Niche player. Closest competitor is not as good. Spending environment not good for service companies. Stock will struggle. He'd prefer pure-play oil yielding 9-10% or natural gas.