Narrative Update • Jun 17
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Emirati (ADX) Energy Sector Analysis
UpdatedJun 21, 2026
DataAggregated Company Financials
Companies5
- 7D-1.3%
- 3M10.6%
- 1Y9.4%
- YTD2.2%
Over the last 7 days, the Energy industry has dropped 1.3%, driven by ADNOC Gas declining 1.1%. Over the past 12 months, the industry was up 9.4%. As for the next few years, earnings are expected to grow by 7.8% per annum.
Sector Valuation and Performance
Has the Emirati Energy Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 21 Jun 2026 | د.إ425.5b | د.إ123.1b | د.إ28.8b | 14.1x | 14.8x | 3.5x |
| Tue, 19 May 2026 | د.إ411.2b | د.إ123.1b | د.إ28.8b | 13.5x | 14.3x | 3.3x |
| Thu, 16 Apr 2026 | د.إ395.9b | د.إ124.2b | د.إ29.5b | 13.2x | 13.4x | 3.2x |
| Sat, 14 Mar 2026 | د.إ378.6b | د.إ124.2b | د.إ29.5b | 12.2x | 12.9x | 3x |
| Mon, 09 Feb 2026 | د.إ434.9b | د.إ124.0b | د.إ30.1b | 14.3x | 14.4x | 3.5x |
| Wed, 07 Jan 2026 | د.إ412.4b | د.إ123.0b | د.إ30.0b | 13.5x | 13.8x | 3.4x |
| Fri, 05 Dec 2025 | د.إ405.7b | د.إ123.0b | د.إ30.0b | 13.1x | 13.5x | 3.3x |
| Sun, 02 Nov 2025 | د.إ417.8b | د.إ121.8b | د.إ29.6b | 13.8x | 14.1x | 3.4x |
| Tue, 30 Sep 2025 | د.إ420.7b | د.إ120.1b | د.إ29.5b | 14x | 14.3x | 3.5x |
| Thu, 28 Aug 2025 | د.إ405.9b | د.إ120.1b | د.إ29.5b | 13.4x | 13.8x | 3.4x |
| Sat, 26 Jul 2025 | د.إ394.3b | د.إ118.6b | د.إ28.5b | 12.4x | 13.8x | 3.3x |
| Mon, 23 Jun 2025 | د.إ388.9b | د.إ117.8b | د.إ28.4b | 12x | 13.7x | 3.3x |
| Wed, 21 May 2025 | د.إ387.9b | د.إ117.8b | د.إ28.5b | 12.4x | 13.6x | 3.3x |
| Fri, 18 Apr 2025 | د.إ364.1b | د.إ113.6b | د.إ27.9b | 11.6x | 13.1x | 3.2x |
| Sun, 16 Mar 2025 | د.إ383.2b | د.إ113.5b | د.إ27.9b | 13.4x | 13.7x | 3.4x |
| Tue, 11 Feb 2025 | د.إ428.1b | د.إ111.0b | د.إ27.3b | 14.5x | 15.7x | 3.9x |
| Thu, 09 Jan 2025 | د.إ418.7b | د.إ111.0b | د.إ27.3b | 14.8x | 15.3x | 3.8x |
| Sat, 07 Dec 2024 | د.إ414.7b | د.إ111.0b | د.إ27.3b | 14.3x | 15.2x | 3.7x |
| Mon, 04 Nov 2024 | د.إ398.1b | د.إ109.8b | د.إ26.7b | 14.3x | 14.9x | 3.6x |
| Wed, 02 Oct 2024 | د.إ376.7b | د.إ96.2b | د.إ25.2b | 14.4x | 15x | 3.9x |
| Fri, 30 Aug 2024 | د.إ352.1b | د.إ96.2b | د.إ25.2b | 14.2x | 14x | 3.7x |
| Sun, 28 Jul 2024 | د.إ356.5b | د.إ91.5b | د.إ24.0b | 14.3x | 14.8x | 3.9x |
| Tue, 25 Jun 2024 | د.إ332.8b | د.إ86.4b | د.إ22.7b | 13.5x | 14.7x | 3.9x |
| Thu, 23 May 2024 | د.إ337.9b | د.إ86.4b | د.إ22.7b | 13.8x | 14.9x | 3.9x |
| Sat, 20 Apr 2024 | د.إ335.3b | د.إ83.2b | د.إ22.7b | 13.8x | 14.8x | 4x |
| Mon, 18 Mar 2024 | د.إ344.0b | د.إ83.2b | د.إ22.7b | 14.2x | 15.2x | 4.1x |
| Wed, 14 Feb 2024 | د.إ332.3b | د.إ21.5b | د.إ6.0b | 14.8x | 55.6x | 15.4x |
| Fri, 12 Jan 2024 | د.إ337.0b | د.إ21.5b | د.إ6.0b | 15.6x | 56.4x | 15.7x |
| Sun, 10 Dec 2023 | د.إ332.3b | د.إ21.5b | د.إ6.0b | 13.6x | 55.6x | 15.5x |
| Tue, 07 Nov 2023 | د.إ347.9b | د.إ20.6b | د.إ5.6b | 14.8x | 62.4x | 16.9x |
| Thu, 05 Oct 2023 | د.إ364.6b | د.إ20.6b | د.إ5.6b | 14.7x | 65.4x | 17.7x |
| Sat, 02 Sep 2023 | د.إ364.3b | د.إ11.7b | د.إ3.8b | 16x | 97x | 31.2x |
| Mon, 31 Jul 2023 | د.إ366.9b | د.إ11.6b | د.إ3.8b | 14.9x | 97.5x | 31.7x |
| Wed, 28 Jun 2023 | د.إ322.0b | د.إ74.2b | د.إ17.0b | 17.9x | 19x | 4.3x |
Price to Earnings Ratio
19x
Current Industry PE
- Investors are pessimistic on the Emirian Energy 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 14.8x which is lower than its 3-year average PE of 26.6x.
- The 3-year average PS ratio of 7.4x is higher than the industry's current PS ratio of 3.5x.
Past Earnings Growth
- The earnings for companies in the Energy industry have grown 19% per year over the last three years.
- Revenues for these companies have grown 18% 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 Emirati Energy sector?
| AE Market | 3.05% | |
| Energy | -1.29% | |
| Oil and Gas | -1.25% | |
| Energy Services | -1.39% | |
Industry PE
- Investors are most optimistic about the Energy Services industry, which is trading close to its 3-year average PE ratio of 16.7x.
- Analysts are expecting annual earnings growth of 6.6%, which is higher than its past year's earnings growth of 3.6% per year.
- Investors are most pessimistic about the Oil and Gas industry, which is trading below its 3-year average of 65.6x.
Forecasted Growth
- Analysts are most optimistic on the Oil and Gas industry, expecting annual earnings growth of 8.1% over the next 5 years.
- This is better than its past earnings growth rate of 3.2% per year.
- In contrast, the Energy Services industry is expected to see its earnings grow by 6.6% 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 | |
|---|---|---|---|---|---|
| NMDCENR NMDC Energy - P.J.S.C | د.إ2.97 | 1.4% +د.إ200.0m | 27.5% | PE10.1x | |
| DANA Dana Gas PJSC | د.إ0.94 | 0.7% +د.إ49.0m | 34.6% | PE11.1x |