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Cathedral Energy Services Ltd. (CET.TO)

Toronto - Toronto Real Time Price. Currency in CAD
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0.1650+0.0050 (+3.13%)
As of 1:16PM EST. Market open.
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Previous Close0.1600
Bid0.1500 x 0
Ask0.1650 x 0
Day's Range0.1500 - 0.1650
52 Week Range0.0600 - 0.3500
Avg. Volume67,846
Market Cap8.162M
Beta (5Y Monthly)2.28
PE Ratio (TTM)N/A
EPS (TTM)-0.5560
Earnings DateNov. 12, 2020
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateSep. 28, 2015
1y Target Est0.15
  • CNW Group

    Cathedral Energy Services Reports Results for 2020 Q3

    /NOT FOR DISSEMINATION IN THE UNITED STATES OF AMERICA/CALGARY, AB, Nov. 12, 2020 /CNW/ - Cathedral Energy Services Ltd.

  • The Canadian Press

    Most actively traded companies on the Toronto Stock Exchange

    TORONTO — Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (16,455.40, down 55.43 points).Toronto-Dominion Bank (TSX:TD). Financials. Down 45 cents, or 0.74 per cent, to $60.03 on 14.38 million shares. Kinross Gold Corp. (TSX:K). Materials. Up 37 cents, or 3.1 per cent, to $12.29 on 10.29 million shares.Suncor Energy Inc. (TSX:SU). Energy. Down 25 cents, or 1.52 per cent, to $16.24 on 10.06 million shares. Enbridge Inc. (TSX:ENB). Energy. Down 26 cents, or 0.67 per cent, to $38.70 on 7.75 million shares.Bank of Nova Scotia (TSX:BNS). Financials. Down 32 cents, or 0.57 per cent, to $55.85 on 7.02 million shares.Aphria Inc. (TSX: APHA). Health care. Down 29 cents, or 3.62 per cent, to $7.71 on 6.69 million shares.Companies in the news: Aritzia Inc. (TSX:ATZ). Up 50 cents, or 2.62 per cent, to $19.58. The Vancouver-based retailer reported a net loss of $900,000 on revenue of $200 million in the 13-week period ended Aug. 30, beating analyst expectations for a net loss of $5.3 million on revenue of $191 million, according to financial markets data firm Refinitiv.Toronto-Dominion Bank. TD Bank Group's U.S. subsidiary has filed a lawsuit against Plaid Technologies Inc., accusing the San Francisco-based data aggregator of unlawfully using its logo to trick users into handing over personal data that can later be monetized.Restaurant Brands International Inc. (TSX: QSR) Up 67 cents, or 0.86 cents, to $78.21. Restaurant Brands International says it expects to report third-quarter revenue between US$1.32 billion and US$1.34 billion. The parent company of Tim Hortons, Burger King and Popeyes says the preliminary estimate comes as 96 per cent of its restaurants were open in September.Cathedral Energy Services Ltd. (TSX:CET). Unchanged at 11.5 cents. Cathedral Energy Services says veteran CEO Scott MacFarlane plans to retire from the Calgary-based directional and horizontal drilling company in April.This report by The Canadian Press was first published Oct. 14, 2020.The Canadian Press

  • The Canadian Press

    Veteran Cathedral Energy Services CEO announces plan to retire in April

    CALGARY — Cathedral Energy Services Ltd. says veteran CEO Scott MacFarlane plans to retire from the Calgary-based directional and horizontal drilling company in April.MacFarlane was chief financial officer from 2001 to 2013, when he was promoted to chief executive. He played a central role in the company's transition to an income trust in 2002 and return to a corporation in 2009, along with expanding its presence in Western Canada and the United States.In a news release, Cathedral said its annual revenue grew from $23.4 million in 2001 to a high of $275 million in 2014.An energy industry downturn that began in 2015 reversed that trend and the company posted $120 million of revenue in 2019. The near collapse of drilling earlier this year resulted in its revenue in the first half of 2020 falling to $28 million from $70 million in the first six months of last year.In April, Cathedral announced measures to deal with the slump that included cutting its office and shop staff by 22 per cent, while the remaining Canadian non-field staff moved to a four-day work week with a corresponding 20 per cent reduction in salary.The company also cut its director fees and CEO and executive vice-president salaries by 25 per cent."Scott has proven himself as a respected executive leader and played a key role in the company reaching a number of milestones," said Cathedral chairman Rod Maxwell, listing the company's growth, adoption of new technologies and "adept navigation" during challenging economic conditions in 2016 and 2020.This report by The Canadian Press was first published Oct. 14, 2020.Companies in this story: (TSX:CET)The Canadian Press