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Oct 20
Australian (ASX) Oil and Gas Exploration and Production Industry Analysis
UpdatedOct 31, 2023
DataAggregated Company Financials
Companies78
- 7D-2.0%
- 3M-8.1%
- 1Y-3.0%
- YTD-0.6%
Over the last 7 days, the Oil and Gas Exploration and Production industry has dropped 2.7%, driven by a pullback from Woodside Energy Group of 2.5%. On the other hand Invictus Energy is actually up 68%. As for the longer term, the industry's performance has been flat for the past year. Looking forward, earnings are forecast to decline by 11% per year.
Industry Valuation and Performance
Has the Australian Oil and Gas Exploration and Production Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 31 Oct 2023 | AU$101.2b | AU$43.4b | AU$13.4b | 7.5x | 7.5x | 2.3x |
| Thu, 28 Sep 2023 | AU$103.8b | AU$43.4b | AU$13.5b | 6.1x | 7.7x | 2.4x |
| Sat, 26 Aug 2023 | AU$107.4b | AU$43.1b | AU$13.4b | 7x | 8x | 2.5x |
| Mon, 24 Jul 2023 | AU$105.3b | AU$40.1b | AU$13.2b | 7x | 8x | 2.6x |
| Wed, 21 Jun 2023 | AU$104.8b | AU$39.8b | AU$13.1b | 7.2x | 8x | 2.6x |
| Fri, 19 May 2023 | AU$99.1b | AU$40.6b | AU$13.4b | 6.8x | 7.4x | 2.4x |
| Sun, 16 Apr 2023 | AU$101.7b | AU$40.3b | AU$13.2b | 7.3x | 7.7x | 2.5x |
| Tue, 14 Mar 2023 | AU$99.8b | AU$40.6b | AU$13.3b | 7.5x | 7.5x | 2.5x |
| Thu, 09 Feb 2023 | AU$103.5b | AU$27.2b | AU$7.0b | 14.8x | 14.9x | 3.8x |
| Sat, 07 Jan 2023 | AU$100.1b | AU$27.6b | AU$7.1b | 14.3x | 14.2x | 3.6x |
| Mon, 05 Dec 2022 | AU$103.2b | AU$27.9b | AU$7.1b | 14.3x | 14.5x | 3.7x |
| Wed, 02 Nov 2022 | AU$106.5b | AU$29.4b | AU$7.6b | 14.3x | 14.1x | 3.6x |
| Fri, 30 Sep 2022 | AU$92.9b | AU$29.0b | AU$7.5b | 7.8x | 12.3x | 3.2x |
| Sun, 28 Aug 2022 | AU$105.0b | AU$22.3b | AU$5.1b | 10x | 20.6x | 4.7x |
| Tue, 26 Jul 2022 | AU$91.9b | AU$19.6b | AU$3.9b | 9.7x | 23.8x | 4.7x |
| Thu, 23 Jun 2022 | AU$95.6b | AU$19.5b | AU$3.8b | 10.5x | 25x | 4.9x |
| Sat, 21 May 2022 | AU$65.8b | AU$19.3b | AU$3.8b | 10.1x | 17.4x | 3.4x |
| Mon, 18 Apr 2022 | AU$71.7b | AU$18.6b | AU$3.7b | 11x | 19.4x | 3.8x |
| Wed, 16 Mar 2022 | AU$74.5b | AU$20.5b | AU$4.0b | 12.3x | 18.6x | 3.6x |
| Fri, 11 Feb 2022 | AU$71.0b | AU$15.0b | AU$1.2b | 24.7x | 59.2x | 4.7x |
| Sun, 09 Jan 2022 | AU$63.8b | AU$15.0b | AU$1.2b | 26.7x | 52.8x | 4.2x |
| Tue, 07 Dec 2021 | AU$51.9b | AU$15.3b | AU$1.2b | 23.2x | 42.2x | 3.4x |
| Thu, 04 Nov 2021 | AU$57.1b | AU$14.6b | AU$1.2b | 26.1x | 48.7x | 3.9x |
| Sat, 02 Oct 2021 | AU$56.7b | AU$14.9b | AU$1.2b | 25.4x | 46.7x | 3.8x |
| Mon, 30 Aug 2021 | AU$47.5b | AU$14.2b | AU$1.0b | 20.1x | 46.9x | 3.3x |
| Tue, 06 Jul 2021 | AU$52.2b | AU$14.2b | AU$1.0b | 20.9x | 51.6x | 3.7x |
| Fri, 09 Apr 2021 | AU$55.4b | AU$13.3b | -AU$2,717,573,416.29 | 14.7x | -20.4x | 4.2x |
| Thu, 31 Dec 2020 | AU$50.7b | AU$12.5b | -AU$6,479,058,143.63 | 11.2x | -7.8x | 4.1x |
Price to Earnings Ratio
-5.8x
Current Industry PE
- Investors are pessimistic on the Australian Oil and Gas Exploration and Production industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 7.7x which is lower than its 3-year average PE of 15.9x.
- The 3-year average PS ratio of 3.6x is higher than the industry's current PS ratio of 2.4x.
Past Earnings Growth
- Total earnings for the Oil and Gas Exploration and Production industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 44% per year.
- This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.
Industry Comparison
How does Australian Oil and Gas Exploration and Production compare with similar industries?
| AU Market | -0.99% | |
| Energy | -1.54% | |
| Oil and Gas | -1.55% | |
| Oil and Gas Exploration and Production | -1.98% | |
| Oil and Gas Refining and Marketing | 1.14% | |
| Integrated Oil and Gas | 0% | |
| Coal and Fuels | -1.05% | |
| Oil and Gas Storage and Transportation | -10.00% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| IVZ Invictus Energy | AU$0.26 | 67.7% +AU$130.2m | 85.7% | PB3.4x | |
| BPT Beach Energy | AU$1.54 | 0.7% +AU$22.8m | -3.5% | PE8.7x | |
| EEG Empire Energy Group | AU$0.14 | 21.7% +AU$19.3m | -24.3% | PS10.1x | |
| NHE Noble Helium | AU$0.24 | 14.0% +AU$10.8m | 63.3% | PB4.2x | |
| CVN Carnarvon Energy | AU$0.15 | 3.3% +AU$9.0m | 6.9% | PB1x |