Oil India (NSE:OIL) Has A Somewhat Strained Balance Sheet
Sep 19
Indian (NIFTY) Oil and Gas Industry Analysis
UpdatedOct 30, 2023
DataAggregated Company Financials
Companies28
- 7D-1.6%
- 3M-5.7%
- 1Y0.7%
- YTD-2.4%
Over the last 7 days, the Oil and Gas industry has dropped 1.6%, driven by Petronet LNG declining 8.3%. As for the longer term, the industry's performance has been flat for the past year. As for the next few years, earnings are expected to grow by 6.2% per annum.
Industry Valuation and Performance
Has the Indian Oil and Gas Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 30 Oct 2023 | ₹22.3t | ₹36.0t | ₹2.1t | 11.3x | 10.5x | 0.6x |
| Wed, 27 Sep 2023 | ₹22.8t | ₹36.2t | ₹2.0t | 11.5x | 11.4x | 0.6x |
| Fri, 25 Aug 2023 | ₹23.1t | ₹36.2t | ₹2.0t | 10.7x | 11.5x | 0.6x |
| Sun, 23 Jul 2023 | ₹23.6t | ₹37.4t | ₹1.6t | 14x | 15.1x | 0.6x |
| Tue, 20 Jun 2023 | ₹23.3t | ₹37.5t | ₹1.6t | 12.9x | 14.7x | 0.6x |
| Thu, 18 May 2023 | ₹22.7t | ₹38.1t | ₹1.6t | 10.6x | 14.1x | 0.6x |
| Sat, 15 Apr 2023 | ₹21.6t | ₹36.4t | ₹1.5t | 10.8x | 14x | 0.6x |
| Mon, 13 Mar 2023 | ₹21.4t | ₹36.4t | ₹1.5t | 9.9x | 13.8x | 0.6x |
| Wed, 08 Feb 2023 | ₹21.0t | ₹36.0t | ₹1.5t | 14.4x | 13.7x | 0.6x |
| Fri, 06 Jan 2023 | ₹22.4t | ₹34.8t | ₹1.6t | 10.7x | 14.2x | 0.6x |
| Sun, 04 Dec 2022 | ₹23.7t | ₹34.8t | ₹1.6t | 11x | 15x | 0.7x |
| Tue, 01 Nov 2022 | ₹22.3t | ₹33.6t | ₹1.7t | 17.8x | 13.1x | 0.7x |
| Thu, 29 Sep 2022 | ₹20.5t | ₹32.0t | ₹1.8t | 17.6x | 11.4x | 0.6x |
| Sat, 27 Aug 2022 | ₹22.9t | ₹32.0t | ₹1.8t | 16.7x | 12.8x | 0.7x |
| Mon, 25 Jul 2022 | ₹21.8t | ₹28.2t | ₹1.8t | 12.3x | 12.1x | 0.8x |
| Wed, 22 Jun 2022 | ₹22.3t | ₹28.2t | ₹1.8t | 11.6x | 12.3x | 0.8x |
| Fri, 20 May 2022 | ₹22.1t | ₹26.6t | ₹1.8t | 15.9x | 12x | 0.8x |
| Sun, 17 Apr 2022 | ₹24.0t | ₹25.3t | ₹1.8t | 26.8x | 13.4x | 0.9x |
| Tue, 15 Mar 2022 | ₹21.8t | ₹25.3t | ₹1.8t | 18.7x | 12.2x | 0.9x |
| Thu, 10 Feb 2022 | ₹21.6t | ₹24.8t | ₹1.7t | 18.1x | 12.8x | 0.9x |
| Sat, 08 Jan 2022 | ₹21.7t | ₹22.7t | ₹1.6t | 21.9x | 13.4x | 1x |
| Mon, 06 Dec 2021 | ₹21.4t | ₹22.6t | ₹1.6t | 15.4x | 13.2x | 0.9x |
| Wed, 03 Nov 2021 | ₹22.6t | ₹22.7t | ₹1.5t | n/a | 15.1x | 1x |
| Fri, 01 Oct 2021 | ₹22.4t | ₹20.9t | ₹1.4t | 15.5x | 16.1x | 1.1x |
| Sun, 29 Aug 2021 | ₹19.7t | ₹20.9t | ₹1.4t | 14.5x | 14.2x | 0.9x |
| Mon, 05 Jul 2021 | ₹19.1t | ₹20.9t | ₹1.4t | 17.8x | 13.8x | 0.9x |
| Thu, 08 Apr 2021 | ₹17.7t | ₹18.0t | ₹1.3t | 11.5x | 13.9x | 1x |
| Sun, 10 Jan 2021 | ₹17.4t | ₹17.8t | ₹741.2b | 18.9x | 23.5x | 1x |
Price to Earnings Ratio
21.7x
Current Industry PE
- Investors are pessimistic on the Indian Oil and Gas 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 10.5x which is lower than its 3-year average PE of 14.8x.
- The industry is trading close to its 3-year average PS ratio of 0.82x.
Past Earnings Growth
- The earnings for companies in the Oil and Gas industry have grown 40% per year over the last three years.
- Revenues for these companies have grown 25% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Trends
Which industries have driven the changes within the Indian Energy industry?
| IN Market | -2.60% | |
| Energy | -1.61% | |
| Oil and Gas | -1.60% | |
| 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% | |
| Oil and Gas Exploration and Production | -6.42% | |
Industry PE
- Investors are most optimistic about the Oil and Gas Refining and Marketing industry even though it's trading below its 3-year average PE ratio of 20.5x.
- Analysts are expecting annual earnings growth of 8.3%, which is higher than its past year's earnings decline of 18.8% per year.
- Investors are most pessimistic about the Oil and Gas Exploration and Production industry, which is trading close to its 3-year average of 4.4x.
Forecasted Growth
- Analysts are most optimistic on the Oil and Gas Refining and Marketing industry, expecting annual earnings growth of 8.3% over the next 5 years.
- This is better than its past earnings decline of 19% per year.
- In contrast, the Oil and Gas Exploration and Production industry is expected to see its earnings decline by 12% 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 | |
|---|---|---|---|---|---|
| RELIANCE Reliance Industries | ₹2.31k | 2.2% +₹313.2b | -9.3% | PE21.5x | |
| COALINDIA Coal India | ₹314.55 | 2.8% +₹52.1b | 27.9% | PE7.1x | |
| ONGC Oil and Natural Gas | ₹188.80 | 2.1% +₹49.7b | 40.8% | PE6.3x | |
| 500109 Mangalore Refinery and Petrochemicals | ₹105.80 | 10.3% +₹17.4b | 95.6% | PE19.4x | |
| 500110 Chennai Petroleum | ₹582.60 | 11.9% +₹9.2b | 179.2% | PE3x |
