Potential Upside For ADNOC Drilling Company P.J.S.C. (ADX:ADNOCDRILL) Not Without Risk
Mar 26
Emirati (ADX) Energy Services Industry Analysis
UpdatedMay 07, 2024
DataAggregated Company Financials
Companies1
- 7D-1.5%
- 3M5.2%
- 1Y0.5%
- YTD0.5%
In the last week, Energy Services has been flat. Furthermore, the industry has been flat for the past year as well. Earnings are forecast to grow by 8.5% annually.
Industry Valuation and Performance
Has the Emirati Energy Services Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 07 May 2024 | د.إ61.4b | د.إ11.2b | د.إ3.8b | 16.2x | 16.2x | 5.5x |
| Thu, 04 Apr 2024 | د.إ64.0b | د.إ11.2b | د.إ3.8b | 16.9x | 16.9x | 5.7x |
| Sat, 02 Mar 2024 | د.إ59.2b | د.إ11.2b | د.إ3.8b | 15.6x | 15.6x | 5.3x |
| Mon, 29 Jan 2024 | د.إ60.8b | د.إ10.8b | د.إ3.4b | 17.7x | 17.7x | 5.6x |
| Wed, 27 Dec 2023 | د.إ58.1b | د.إ10.8b | د.إ3.4b | 16.9x | 16.9x | 5.4x |
| Fri, 24 Nov 2023 | د.إ62.1b | د.إ10.8b | د.إ3.4b | 18x | 18x | 5.7x |
| Sun, 22 Oct 2023 | د.إ57.0b | د.إ10.4b | د.إ3.2b | 17.8x | 17.8x | 5.5x |
| Tue, 19 Sep 2023 | د.إ62.2b | د.إ10.4b | د.إ3.2b | 19.5x | 19.5x | 6x |
| Thu, 17 Aug 2023 | د.إ64.6b | د.إ10.4b | د.إ3.2b | 20.3x | 20.3x | 6.2x |
| Sat, 15 Jul 2023 | د.إ58.6b | د.إ10.2b | د.إ3.1b | 18.8x | 18.8x | 5.7x |
| Mon, 12 Jun 2023 | د.إ57.9b | د.إ10.2b | د.إ3.1b | 18.6x | 18.6x | 5.7x |
| Wed, 10 May 2023 | د.إ60.5b | د.إ9.8b | د.إ2.9b | 20.5x | 20.5x | 6.2x |
| Fri, 07 Apr 2023 | د.إ62.2b | د.إ9.8b | د.إ2.9b | 21.1x | 21.1x | 6.3x |
| Sun, 05 Mar 2023 | د.إ55.7b | د.إ9.8b | د.إ2.9b | 18.9x | 18.9x | 5.7x |
| Tue, 31 Jan 2023 | د.إ53.6b | د.إ9.2b | د.إ2.6b | 20.5x | 20.5x | 5.8x |
| Thu, 29 Dec 2022 | د.إ47.4b | د.إ9.2b | د.إ2.6b | 18.1x | 18.1x | 5.1x |
| Sat, 26 Nov 2022 | د.إ52.8b | د.إ9.2b | د.إ2.6b | 20.2x | 20.2x | 5.7x |
| Mon, 24 Oct 2022 | د.إ53.9b | د.إ8.9b | د.إ2.6b | 20.9x | 20.9x | 6.1x |
| Wed, 21 Sep 2022 | د.إ57.9b | د.إ8.9b | د.إ2.6b | 22.5x | 22.5x | 6.5x |
| Fri, 19 Aug 2022 | د.إ57.8b | د.إ8.9b | د.إ2.6b | 22.4x | 22.4x | 6.5x |
| Sun, 17 Jul 2022 | د.إ52.3b | د.إ8.6b | د.إ2.5b | 21.3x | 21.3x | 6.1x |
| Tue, 14 Jun 2022 | د.إ53.0b | د.إ8.6b | د.إ2.5b | 21.6x | 21.6x | 6.1x |
| Thu, 12 May 2022 | د.إ56.8b | د.إ8.6b | د.إ2.5b | 23.1x | 23.1x | 6.6x |
| Sat, 09 Apr 2022 | د.إ57.8b | د.إ8.3b | د.إ2.2b | 26x | 26x | 6.9x |
| Mon, 07 Mar 2022 | د.إ60.5b | د.إ8.3b | د.إ2.2b | 27.3x | 27.3x | 7.3x |
| Wed, 02 Feb 2022 | د.إ55.8b | د.إ8.4b | د.إ2.2b | 25.1x | 25x | 6.7x |
| Fri, 31 Dec 2021 | د.إ54.4b | د.إ8.4b | د.إ2.2b | 24.4x | 24.4x | 6.5x |
| Sun, 28 Nov 2021 | د.إ52.3b | د.إ8.4b | د.إ2.2b | 23.5x | 23.5x | 6.3x |
| Tue, 26 Oct 2021 | د.إ47.4b | د.إ0 | د.إ0 | n/a | n/a | n/a |
Price to Earnings Ratio
n/a
Current Industry PE
- There is only one company in the Emirian Energy Services industry, so there is insufficient data to make an industry-wide assessment of both the PE and PS ratio.
Past Earnings GrowthThere is insufficient data in this particular industry to determine past growth rates.
Industry Trends
Which industries have driven the changes within the Emirati Energy industry?
| AE Market | -0.38% | |
| Energy | -1.93% | |
| Energy Services | -1.54% | |
| Oil and Gas Services | 0% | |
| Oil and Gas Drilling | -1.54% | |
Industry PE
- Investors are most optimistic about the Oil and Gas Drilling industry even though it's trading below its 3-year average PE ratio of 20.3x.
- Analysts are expecting annual earnings growth of 8.5%, which is lower than the prior year's growth of 28.8% per year.
- Investors are most pessimistic about the Oil and Gas Drilling industry, which is trading below its 3-year average of 20.3x.
Forecasted Growth
- Analysts are most optimistic on the Oil and Gas Drilling industry, expecting annual earnings growth of 8.5% over the next 5 years.
- However this is lower than its past earnings growth rate of 29% per year.
- In contrast, the Oil and Gas Drilling industry is expected to see its earnings grow by 8.5% 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 | |
|---|---|---|---|---|---|
| No data available | |||||