TSX · Oil & Gas Equipment & Services · CAD

CES Energy Solutions Corp. (CEU.TO) Stock Analysis

CES Energy Solutions Corp. (CEU.TO) is a Oil & Gas Equipment & Services stock listed on TSX and quoted in Canadian Dollar.

CEU.TO

CA$19.03

+CA$0.07 (+0.37%)

Sep 4, 2026 · Market close

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Price History

Hover for the daily close. The dotted line marks the period open.

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CEU.TO Key Statistics

As of Sep 4, 2026

Trading

Open: CA$18.97
Previous Close: CA$18.96
Day's Range: 18.68–19.12
52-Week Range: 8.19–19.64
Volume: 362.70K
Beta: 0.99

Valuation

Market Cap: CA$3.99B
P/E Ratio: 20.68
Forward P/E: 14.74
PEG Ratio: 1.28
P/S ratio: 1.49
EPS (ttm): 0.92

Financials (FY)

Revenue (FY): CA$2.49B+5.97%
Net Income (FY): CA$204.72M+7.13%
Profit margin: 7.36%
Shares Outstanding: 209.74M
1-Year Return: +130.13%

Dividend and dates

Dividend: CA$0.22+1.16%
Ex-Dividend Date: September 29, 2026
Earnings Date: November 12, 2026
Avg Volume: 532.91K

Only metrics the company reports are shown. Data provided by Yahoo Finance via yfinance. Updated daily.

CEU.TO Stock Return by Calendar Year

Calendar-year returns computed from daily closing prices. Partial years are shown muted and marked with an asterisk.

−51.19%+192.68%+56.07%

2016*2017201820192020202120222023202420252026*

Year	Return
2026 (partial year)	+56.07%
2025	+26.24%
2024	+192.68%
2023	+28.94%
2022	+39.80%
2021	+61.31%
2020	−44.70%
2019	−24.06%
2018	−51.19%
2017	−14.28%
2016 (partial year)	+85.98%

As of September 4, 2026.

CEU.TO Revenue and Earnings by Fiscal Year

FY ends December

RevenueNet income

2022202320242025

Fiscal year	Revenue	Net income	Net margin
2025	CA$2.49B	CA$204.72M	8.2%
2024	CA$2.35B	CA$191.11M	8.1%
2023	CA$2.16B	CA$154.64M	7.1%
2022	CA$1.92B	CA$95.22M	5.0%

Fiscal year	Revenue	Gross profit	Operating income	Net income	Net margin
2025	CA$2.49B	CA$590.75M	CA$269.51M	CA$204.72M	8.2%
2024	CA$2.35B	CA$581.08M	CA$266.27M	CA$191.11M	8.1%
2023	CA$2.16B	CA$479.35M	CA$223.17M	CA$154.64M	7.1%
2022	CA$1.92B	CA$396.95M	CA$166.99M	CA$95.22M	5.0%

Annual figures as reported, in the company's reporting currency. As of December 31, 2025.

CEU.TO Dividend History

’16’17’18’19’20’21’22’23’24’25’26*

CA$0.17+43.3% vs 2024

Dividends per share, 2025 · 4 payments

Year	Dividends per share	Payments	Change
2026*	CA$0.11	2	—
2025	CA$0.17	4	+43.3%
2024	CA$0.12	4	+26.3%
2023	CA$0.10	4	+39.7%

Year	Dividends per share	Payments	Change
2026 (partial year)	CA$0.11	2	—
2025	CA$0.17	4	+43.3%
2024	CA$0.12	4	+26.3%
2023	CA$0.10	4	+39.7%
2022	CA$0.07	4	+112.5%
2021	CA$0.03	2	+190.9%
2020	CA$0.01	3	−81.7%
2019	CA$0.06	12	+20.0%
2018	CA$0.05	12	+38.9%
2017	CA$0.04	12	+200.0%
2016	CA$0.01	4	—

Most recent payment: CA$0.06 per share, ex-dividend June 30, 2026. Per-share amounts summed by calendar year from ex-dividend dates. Partial years are shown muted and marked with an asterisk.

CEU.TO Valuation vs Oil & Gas Equipment & Services Median

Median of 66 stocks

Metric	CEU.TO	Oil & Gas Equipment & Services median	vs median
P/E	20.68	24.11	14% below
P/S ratio	1.49	1.41	6% above
Profit margin	7.36%	4.89%	2.5 pts above

Medians across 66 Oil & Gas Equipment & Services stocks that report the metric. Medians, not averages, so one outlier cannot move them. As of September 4, 2026.

Analysis

Data-derived

Company Overview

CES Energy Solutions Corp. (CEU.TO) is capitalised at CA$3.99B on the latest close. The company sits in the Energy sector, in the Oil & Gas Equipment & Services industry. The company reports 2,707 employees.

The most recent close on file for CEU.TO is CA$19.03, dated September 4, 2026. That is +CA$0.07 (+0.37%) against the previous close. The 52-week range on file runs from CA$8.19 to CA$19.64. The latest close sits 132.36% above that 52-week low.

Financial Health

Fiscal 2025 revenue came to CA$2.49B. That is +5.97% against the prior fiscal year, when revenue was CA$2.35B. The same year closed with net income of CA$204.72M. That is +7.13% against the prior fiscal year. Profit margin runs at 7.36%. That is 2.5 percentage points above the Oil & Gas Equipment & Services median of 4.89%. Earnings per share on a trailing basis come to 0.92.

Across the 4 fiscal years on file, revenue moves from CA$1.92B in 2022 to CA$2.49B in 2025. Of those 4 years, 4 report positive net income.

Valuation Assessment

CEU.TO trades at a trailing price-to-earnings ratio of 20.68. That is 14.23% below the Oil & Gas Equipment & Services median of 24.11. The forward P/E on file is 14.74. The PEG ratio, which sets the P/E against expected earnings growth, reads 1.28. Measured against sales, the shares trade at 1.49 times revenue. On price-to-sales that is 5.66% above the Oil & Gas Equipment & Services median of 1.41. The medians here are taken across 66 Oil & Gas Equipment & Services companies that report the metric.

Over the trailing twelve months the price has returned +130.13%. Measured over 10 years, that is +17.24% a year compounded. The reported beta is 0.99. Daily returns over the trailing 10 years annualize to a volatility of 50.58%.

Growth & Income

Shareholders receive a dividend, yielding 1.16% on the latest price. That is 0.5 percentage points below the Oil & Gas Equipment & Services median yield of 1.68%. At the indicated rate that is CA$0.22 a share a year. The ex-dividend date on file is September 29, 2026. Dividends are recorded for 11 calendar years; 2026 shows 2 payments totalling CA$0.11 a share. The year before, 2025, totalled CA$0.17 a share.

So far in 2026 the price is +56.07%. The strongest complete calendar year on file is 2024 at +192.68%; the weakest is 2018 at −51.19%. Of the 9 complete calendar years on file, 5 finished higher.

Peer Comparison

CES Energy Solutions Corp. (CEU.TO) operates in the Oil & Gas Equipment & Services industry. Here is how it compares to its closest peers by market capitalization:

Company	Ticker	Market Cap	P/E Ratio
CES Energy Solutions Corp.	CEU.TO	CA$3.99B	20.7
SLB N.V.	SLB	CA$85.35B	28.1
Baker Hughes Company	BKR	CA$63.03B	20.4
TechnipFMC plc	FTI	CA$31.31B	27.9

The Oil & Gas Equipment & Services industry average P/E ratio is 24.1x. CES Energy Solutions Corp. trades at a P/E of 20.7.

Every figure above is read from this page's own data on each nightly rebuild. Informational only, not financial advice. As of September 4, 2026.

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About CES Energy Solutions Corp.

CES Energy Solutions Corp., together with its subsidiaries, engages in the design, implementation, and manufacture of advanced consumable fluids and specialty chemicals in the United States and Canada. The company provides solutions for drill-bit, point of completion and stimulation, wellhead and pump-jack, and pipeline and midstream markets. Its solutions include corrosion inhibitors, demulsifiers, H2S scavengers, paraffin control products, surfactants, scale inhibitors, biocides, and other specialty products. The company also designs and implements drilling fluid systems and completion solutions for oil and natural gas producers; designs and manufactures production and specialty chemicals for use in the oil and natural gas production; and operates trucks and trailers designed to transport products in the oil and gas industry. In addition, it provides environmental consulting, water management and transfer, and drilling fluids waste disposal services; and laboratory services. CES Energy Solutions Corp. was formerly known as Canadian Energy Services & Technology Corp. and changed its name to CES Energy Solutions Corp. in June 2017. The company was incorporated in 1986 and is headquartered in Calgary, Canada.

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