Oil India (NSE:OIL) Has A Somewhat Strained Balance Sheet
Sep 19
Indian (NIFTY) Oil and Gas Exploration and Production Industry Analysis
UpdatedOct 30, 2023
DataAggregated Company Financials
Companies5
- 7D-6.4%
- 3M6.1%
- 1Y51.7%
- YTD38.9%
Over the last 7 days, the Oil and Gas Exploration and Production industry has dropped 6.4%, driven by Oil India declining 1.2%. Over the past 12 months, the industry was up 52%. As for the next few years, earnings are forecast to decline by 12% per annum.
Industry Valuation and Performance
Has the Indian Oil and Gas Exploration and Production Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 30 Oct 2023 | ₹356.5b | ₹324.0b | ₹76.0b | 16.4x | 4.7x | 1.1x |
| Wed, 27 Sep 2023 | ₹328.4b | ₹324.0b | ₹76.0b | 16x | 4.3x | 1x |
| Fri, 25 Aug 2023 | ₹341.0b | ₹324.0b | ₹76.0b | 9.1x | 4.5x | 1.1x |
| Sun, 23 Jul 2023 | ₹314.8b | ₹367.9b | ₹89.5b | 14.7x | 3.5x | 0.9x |
| Tue, 20 Jun 2023 | ₹308.8b | ₹367.9b | ₹89.5b | 14.2x | 3.5x | 0.8x |
| Thu, 18 May 2023 | ₹315.0b | ₹412.0b | ₹91.9b | 13.2x | 3.4x | 0.8x |
| Sat, 15 Apr 2023 | ₹305.9b | ₹411.9b | ₹91.9b | 14.2x | 3.3x | 0.7x |
| Mon, 13 Mar 2023 | ₹306.0b | ₹411.9b | ₹91.9b | 14.9x | 3.3x | 0.7x |
| Wed, 08 Feb 2023 | ₹266.2b | ₹385.4b | ₹81.8b | 14.4x | 3.3x | 0.7x |
| Fri, 06 Jan 2023 | ₹251.5b | ₹385.3b | ₹81.8b | 15.9x | 3.1x | 0.7x |
| Sun, 04 Dec 2022 | ₹250.5b | ₹385.3b | ₹81.8b | 19.5x | 3.1x | 0.7x |
| Tue, 01 Nov 2022 | ₹233.5b | ₹356.9b | ₹74.3b | 27.3x | 3.1x | 0.7x |
| Thu, 29 Sep 2022 | ₹206.8b | ₹356.9b | ₹74.3b | 26x | 2.8x | 0.6x |
| Sat, 27 Aug 2022 | ₹234.2b | ₹356.9b | ₹74.3b | 23.7x | 3.2x | 0.7x |
| Mon, 25 Jul 2022 | ₹238.3b | ₹302.5b | ₹56.5b | 29.9x | 4.2x | 0.8x |
| Wed, 22 Jun 2022 | ₹278.2b | ₹302.5b | ₹56.5b | 27.2x | 4.9x | 0.9x |
| Fri, 20 May 2022 | ₹288.7b | ₹278.8b | ₹45.3b | 30x | 6.4x | 1x |
| Sun, 17 Apr 2022 | ₹283.8b | ₹278.8b | ₹45.3b | 38.3x | 6.3x | 1x |
| Tue, 15 Mar 2022 | ₹284.5b | ₹278.8b | ₹45.3b | 29.3x | 6.3x | 1x |
| Thu, 10 Feb 2022 | ₹283.8b | ₹265.0b | ₹46.2b | 29x | 6.1x | 1.1x |
| Sat, 08 Jan 2022 | ₹263.7b | ₹264.9b | ₹46.2b | 32x | 5.7x | 1x |
| Mon, 06 Dec 2021 | ₹259.0b | ₹264.9b | ₹46.2b | 29x | 5.6x | 1x |
| Wed, 03 Nov 2021 | ₹271.0b | ₹246.9b | ₹43.5b | n/a | 6.2x | 1.1x |
| Fri, 01 Oct 2021 | ₹313.2b | ₹246.9b | ₹43.5b | 29x | 7.2x | 1.3x |
| Sun, 29 Aug 2021 | ₹216.8b | ₹246.9b | ₹43.5b | 34.4x | 5x | 0.9x |
| Mon, 05 Jul 2021 | ₹189.7b | ₹246.9b | ₹43.5b | 30.1x | 4.4x | 0.8x |
| Thu, 08 Apr 2021 | ₹149.1b | ₹226.7b | ₹35.8b | 28.3x | 4.2x | 0.7x |
| Sun, 10 Jan 2021 | ₹130.8b | ₹88.5b | ₹29.3b | 63.3x | 4.5x | 1.5x |
Price to Earnings Ratio
3.7x
Current Industry PE
- Investors are relatively neutral on the Indian Oil and Gas Exploration and Production industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PE ratio of 4.4x.
- The 3-year average PS ratio of 0.92x is lower than the industry's current PS ratio of 1.1x.
Past Earnings Growth
- The earnings for companies in the Oil and Gas Exploration and Production industry have grown 40% per year over the last three years.
- Revenues for these companies have grown 49% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Comparison
How does Indian Oil and Gas Exploration and Production compare with similar industries?
| IN Market | -2.60% | |
| Energy | -1.61% | |
| Oil and Gas | -1.60% | |
| Oil and Gas Exploration and Production | -6.42% | |
| Coal and Fuels | 0.082% | |
| Integrated Oil and Gas | -0.78% | |
| Oil and Gas Refining and Marketing | -1.75% | |
| Oil and Gas Storage and Transportation | -2.95% | |
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 | |
|---|---|---|---|---|---|
| 530075 Selan Exploration Technology | ₹418.90 | 1.5% +₹92.0m | 45.4% | PE23.2x | |
| 513536 Gujarat Natural Resources | ₹13.20 | 3.9% +₹40.1m | -14.3% | PS6.7x | |
| 500186 Hindustan Oil Exploration | ₹162.85 | 0.2% +₹33.1m | 18.0% | PE9.5x | |
| 538465 Amarnath Securities | ₹57.81 | 12.4% +₹19.1m | 239.1% | PE87.7x |