Oil and Gas in Canada
Oil and Gas in Canada industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 2012-16, and forecast to 2021). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the oil and gas market in Canada
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the oil and gas market in Canada
- Leading company profiles reveal details of key oil and gas market players' global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Canada oil and gas market with five year forecasts by both value and volume
Essential resource for top-line data and analysis covering the Canada oil and gas market. Includes market size and segmentation data, textual and graphical analysis of market growth trends, leading companies and macroeconomic information.
- What was the size of the Canada oil and gas market by value in 2016?
- What will be the size of the Canada oil and gas market in 2021?
- What factors are affecting the strength of competition in the Canada oil and gas market?
- How has the market performed over the last five years?
- What are the main segments that make up Canada's oil and gas market?
The oil and gas market volume is defined as the total consumption (barrels of oil equivalent) of refined petroleum products and natural gas by end-users in each country. The value of the oil segment is the total volume of refined petroleum products, including refinery consumption and losses, multiplied by the hub price of crude oil. The value of the gas segment is the total volume of dry natural gas consumed multiplied by the price of natural gas (Henry Hub spot price). The values represent the total revenues available to exploration and production companies from sales of crude oil and natural gas. Any currency conversions used in this report have been calculated using constant 2015 annual average exchange rates.
The Canadian oil and gas market is forecast to generate total revenues of $40.0bn in 2016, representing a compound annual rate of change (CARC) of -19.7% between 2012 and 2016.
Market consumption volume is forecast to decline with a CARC of -0.1% between 2012 and 2016, to reach a total of 1,508.1 million boe in 2016.
The main factor influencing the recent performance of the world's oil and gas markets is the sharp decline in global crude oil price in 2015 and 2016. At its lowest point in January 2016, the price of crude oil had fallen to just $22.45 dollars per barrel in non-OPEC countries.
Market value forecast
Market volume forecast
Market value forecast
Market volume forecast
Five Forces Analysis
Threat of substitutes
Degree of rivalry
Cenovus Energy Inc.
Husky Energy Inc
Imperial Oil Limited
Suncor Energy Inc.
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Figure 1: Canada oil and gas market value: $ billion, 2012-16(e)
Figure 2: Canada oil and gas market volume: million boe, 2012-16(e)
Figure 3: Canada oil and gas market category segmentation: % share, by value, 2016(e)
Figure 4: Canada oil and gas market geography segmentation: % share, by value, 2016(e)
Figure 5: Canada oil and gas market value forecast: $ billion, 2016-21
Figure 6: Canada oil and gas market volume forecast: million boe, 2016-21
Figure 7: Forces driving competition in the oil and gas market in Canada, 2016
Figure 8: Drivers of buyer power in the oil and gas market in Canada, 2016
Figure 9: Drivers of supplier power in the oil and gas market in Canada, 2016
Figure 10: Factors influencing the likelihood of new entrants in the oil and gas market in Canada, 2016
Figure 11: Factors influencing the threat of substitutes in the oil and gas market in Canada, 2016
Figure 12: Drivers of degree of rivalry in the oil and gas market in Canada, 2016
Figure 13: Cenovus Energy Inc.: revenues and profitability
Figure 14: Cenovus Energy Inc.: assets and liabilities
Figure 15: Husky Energy Inc: revenues and profitability
Figure 16: Husky Energy Inc: assets and liabilities
Figure 17: Imperial Oil Limited: revenues and profitability
Figure 18: Imperial Oil Limited: assets and liabilities
Figure 19: Suncor Energy Inc.: revenues and profitability
Figure 20: Suncor Energy Inc.: assets and liabilities
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.