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Oct 16
U.K. (FTSE) Energy Services Industry Analysis
UpdatedOct 30, 2023
DataAggregated Company Financials
Companies11
- 7D-2.7%
- 3M-0.6%
- 1Y-4.2%
- YTD-11.2%
Over the last 7 days, the Energy Services industry has dropped 2.7%, driven by declines in Petrofac and Hunting of 8.6% and 4.5%, respectively. Overall the industry is down 4.2% in 12 months. As for the next few years, earnings are expected to grow by 90% per annum.
Industry Valuation and Performance
Has the U.K. Energy Services Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 31 Oct 2023 | UK£1.6b | UK£6.1b | -UK£695,668,921.00 | 21.1x | -2.3x | 0.3x |
| Thu, 28 Sep 2023 | UK£1.8b | UK£6.1b | -UK£694,292,220.00 | 24.3x | -2.6x | 0.3x |
| Sat, 26 Aug 2023 | UK£1.6b | UK£5.9b | -UK£663,531,370.00 | 17.2x | -2.4x | 0.3x |
| Mon, 24 Jul 2023 | UK£2.0b | UK£7.3b | -UK£860,672,345.00 | 4.2x | -2.3x | 0.3x |
| Wed, 21 Jun 2023 | UK£1.7b | UK£7.4b | -UK£868,201,221.00 | 2.8x | -2x | 0.2x |
| Fri, 19 May 2023 | UK£1.8b | UK£7.6b | -UK£889,318,070.00 | 2.6x | -2.1x | 0.2x |
| Sun, 16 Apr 2023 | UK£2.3b | UK£7.6b | -UK£723,050,798.00 | 1.4x | -3.2x | 0.3x |
| Tue, 14 Mar 2023 | UK£2.4b | UK£8.6b | -UK£231,337,310.00 | 1.3x | -10.4x | 0.3x |
| Thu, 09 Feb 2023 | UK£2.1b | UK£8.5b | -UK£278,006,149.00 | 1.3x | -7.7x | 0.2x |
| Sat, 07 Jan 2023 | UK£2.1b | UK£8.5b | -UK£278,095,119.00 | 1.4x | -7.5x | 0.2x |
| Mon, 05 Dec 2022 | UK£2.0b | UK£8.4b | -UK£275,145,056.00 | 1.7x | -7.2x | 0.2x |
| Wed, 02 Nov 2022 | UK£2.4b | UK£9.2b | -UK£232,549,906.00 | 2.3x | -10.4x | 0.3x |
| Fri, 30 Sep 2022 | UK£2.1b | UK£9.6b | -UK£240,699,087.00 | 2.2x | -8.7x | 0.2x |
| Sun, 28 Aug 2022 | UK£2.3b | UK£8.9b | -UK£232,847,209.00 | 2.9x | -10x | 0.3x |
| Tue, 26 Jul 2022 | UK£2.3b | UK£9.0b | -UK£336,076,535.00 | 2.5x | -6.8x | 0.3x |
| Thu, 23 Jun 2022 | UK£2.7b | UK£8.8b | -UK£327,907,344.00 | 2.7x | -8.3x | 0.3x |
| Sat, 21 May 2022 | UK£3.5b | UK£8.7b | -UK£322,932,755.00 | 3.1x | -10.8x | 0.4x |
| Mon, 18 Apr 2022 | UK£2.9b | UK£8.4b | -UK£472,635,701.00 | 3.7x | -6.2x | 0.3x |
| Wed, 16 Mar 2022 | UK£2.7b | UK£8.8b | -UK£467,831,597.00 | 3.2x | -5.8x | 0.3x |
| Fri, 11 Feb 2022 | UK£3.2b | UK£8.4b | -UK£457,356,311.00 | 8.4x | -6.9x | 0.4x |
| Sun, 09 Jan 2022 | UK£3.0b | UK£8.4b | -UK£473,540,804.00 | 7.9x | -6.2x | 0.4x |
| Tue, 07 Dec 2021 | UK£2.6b | UK£8.6b | -UK£484,135,954.00 | 6.8x | -5.4x | 0.3x |
| Thu, 04 Nov 2021 | UK£2.6b | UK£8.4b | -UK£469,275,276.00 | 7.4x | -5.6x | 0.3x |
| Sat, 02 Oct 2021 | UK£2.9b | UK£8.8b | -UK£486,478,986.00 | 7.1x | -6x | 0.3x |
| Mon, 30 Aug 2021 | UK£2.9b | UK£8.9b | -UK£509,043,245.34 | 7.3x | -5.7x | 0.3x |
| Tue, 06 Jul 2021 | UK£2.7b | UK£8.9b | -UK£509,043,245.34 | 6.6x | -5.3x | 0.3x |
| Fri, 09 Apr 2021 | UK£3.1b | UK£9.3b | -UK£576,909,441.01 | 6.2x | -5.3x | 0.3x |
| Thu, 31 Dec 2020 | UK£3.5b | UK£9.7b | -UK£648,062,694.11 | 7x | -5.3x | 0.4x |
Price to Earnings Ratio
-4.2x
Current Industry PE
- Investors are pessimistic on the British Energy Services industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading close to its 3-year average PS ratio of 0.31x.
Past Earnings Growth
- The earnings for companies in the Energy Services industry have deteriorated over the last three years.
- Revenues have also declined 19% per year.
- This means overall sales from these companies are declining and losses are subsequently expanding as well.
Industry Trends
Which industries have driven the changes within the U.K. Energy industry?
| GB Market | -1.27% | |
| Energy | -1.52% | |
| Energy Services | -2.70% | |
| Oil and Gas Drilling | 0% | |
| Oil and Gas Services | -2.70% | |
Industry PE
Forecasted Growth
- Analysts are most optimistic on the Oil and Gas Services industry, expecting annual earnings growth of 90% over the next 5 years.
- This is better than its past earnings decline of 51% per year.
- In contrast, the Oil and Gas Services industry is expected to see its earnings grow by 90% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| WG. John Wood Group | UK£1.41 | 1.7% +UK£16.3m | 0.9% | PS0.2x | |
| NTQ Enteq Technologies | UK£0.12 | 2.2% +UK£176.5k | 43.8% | PB0.8x |