Oil Drilling & Gas Extraction in Canada - Number of Businesses (2006–2032)

NAICS 21111CA Last Updated: February 2026

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2,681

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Oil Drilling & Gas Extraction in Canada Number of Businesses in 2026
-3.4%

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 Oil Drilling & Gas Extraction in Canada Number of Businesses Growth in 2026
-3.4%

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 Oil Drilling & Gas Extraction in Canada Number of Businesses CAGR 2021-2026

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 Oil Drilling & Gas Extraction in Canada Number of Businesses CAGR 2026-2031

Curious about what drives these trends? IBISWorld's Oil Drilling & Gas Extraction in Canada Industry Report has got you covered.

Questions Clients Ask About This Industry

  • How many businesses are there in the Oil Drilling & Gas Extraction in Canada in 2025?

    There was 2,776 Oil Drilling & Gas Extraction in Canada businesses as of 2025, an decrease of -1.3% from 2024.

  • Has the number of Oil Drilling & Gas Extraction in Canada businesses grown or declined over the past 5 years?

    The number of Oil Drilling & Gas Extraction in Canada businesses has declined -1.3% per year on average over the five years between 2020 and 2025.

  • How many businesses are there in the Oil Drilling & Gas Extraction in Canada in 2026?

    There is 2,681 Oil Drilling & Gas Extraction in Canada businesses as of 2026, an decrease of -3.4% from 2025.

  • Has the number of Oil Drilling & Gas Extraction in Canada businesses grown or declined over the past 5 years?

    The number of Oil Drilling & Gas Extraction in Canada businesses has declined -3.4% per year on average over the five years between 2021 and 2026.

  • What is forecast business growth of Oil Drilling & Gas Extraction in Canada over the next 5 years?

    See our full analysis of the Oil Drilling & Gas Extraction in Canada to understand if the mumber of bussinesses is expected to grow or decline over the next five years.

  • What companies have the highest market share in the Oil Drilling & Gas Extraction in Canada?

    The Oil Drilling & Gas Extraction in Canada has moderate market share concentration and the largest business is Canadian Natural.

  • What is forecast business growth of Oil Drilling & Gas Extraction in Canada over the next 5 years?

    See our full analysis of the Oil Drilling & Gas Extraction in Canada to understand if the mumber of bussinesses is expected to grow or decline over the next five years.

  • What companies have the highest market share in the Oil Drilling & Gas Extraction in Canada?

    The Oil Drilling & Gas Extraction in Canada has moderate market share concentration and the largest business is Canadian Natural.

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