Argentinian (MERVAL) Oil and Gas Industry Analysis
UpdatedDec 04, 2023
DataAggregated Company Financials
Companies5
- 7D-13.0%
- 3M37.7%
- 1Y412.8%
- YTD316.9%
Over the last 7 days, the Oil and Gas industry has dropped 13%, driven by a pullback from YPF Sociedad Anónima of 2.7%. On the other hand Transportadora de Gas del Norte is actually up 5.7%. This takes the industry's 12 month performance to a gain of 413%. As for the next few years, earnings are expected to grow by 41% per annum.
Industry Valuation and Performance
Has the Argentinian Oil and Gas Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 04 Dec 2023 | AR$9.6t | AR$4.5t | AR$209.7b | 41.7x | 45.5x | 2.1x |
| Wed, 01 Nov 2023 | AR$6.0t | AR$3.7t | AR$355.5b | 22.8x | 16.8x | 1.6x |
| Fri, 29 Sep 2023 | AR$6.9t | AR$3.7t | AR$355.5b | 22.3x | 19.3x | 1.8x |
| Sun, 27 Aug 2023 | AR$7.2t | AR$3.8t | AR$369.2b | 25.1x | 19.6x | 1.9x |
| Tue, 25 Jul 2023 | AR$5.2t | AR$3.3t | AR$380.8b | 16.4x | 13.7x | 1.6x |
| Thu, 22 Jun 2023 | AR$4.8t | AR$3.3t | AR$361.1b | 46.2x | 13.3x | 1.5x |
| Sat, 20 May 2023 | AR$3.7t | AR$3.3t | AR$370.0b | 28.9x | 9.9x | 1.1x |
| Mon, 17 Apr 2023 | AR$3.1t | AR$2.9t | AR$324.1b | 16.9x | 9.5x | 1.1x |
| Wed, 15 Mar 2023 | AR$2.4t | AR$2.7t | AR$313.1b | 22.3x | 7.7x | 0.9x |
| Fri, 10 Feb 2023 | AR$2.7t | AR$2.2t | AR$260.5b | 23.9x | 10.3x | 1.2x |
| Sun, 08 Jan 2023 | AR$2.3t | AR$2.2t | AR$260.5b | 23.2x | 8.7x | 1x |
| Tue, 06 Dec 2022 | AR$1.9t | AR$2.3t | AR$266.6b | 15x | 7x | 0.8x |
| Thu, 03 Nov 2022 | AR$1.6t | AR$1.9t | AR$199.0b | 12.9x | 8.1x | 0.9x |
| Sat, 01 Oct 2022 | AR$1.2t | AR$1.8t | AR$190.5b | 11.3x | 6.4x | 0.7x |
| Mon, 29 Aug 2022 | AR$1.1t | AR$1.9t | AR$190.0b | 13.7x | 5.7x | 0.6x |
| Wed, 27 Jul 2022 | AR$767.4b | AR$1.6t | AR$42.6b | 14.7x | 18x | 0.5x |
| Fri, 24 Jun 2022 | AR$557.8b | AR$1.6t | AR$42.6b | 10.6x | 13.1x | 0.4x |
| Sun, 22 May 2022 | AR$621.6b | AR$1.6t | AR$43.8b | 12.4x | 14.2x | 0.4x |
| Tue, 19 Apr 2022 | AR$666.1b | AR$1.4t | AR$13.0b | 24.5x | 51.4x | 0.5x |
| Thu, 17 Mar 2022 | AR$579.5b | AR$1.4t | AR$15.3b | 12.7x | 37.8x | 0.4x |
| Sat, 12 Feb 2022 | AR$560.7b | AR$1.2t | AR$20.6b | 18x | 27.2x | 0.5x |
| Mon, 10 Jan 2022 | AR$527.8b | AR$1.2t | AR$20.6b | 16.7x | 25.6x | 0.4x |
| Wed, 08 Dec 2021 | AR$567.1b | AR$1.2t | AR$20.6b | 18x | 27.5x | 0.5x |
| Fri, 05 Nov 2021 | AR$592.4b | AR$1.0t | -AR$38,682,929,000.00 | 33.4x | -15.3x | 0.6x |
| Sun, 03 Oct 2021 | AR$561.3b | AR$1.0t | -AR$38,682,929,000.00 | 28.5x | -14.5x | 0.6x |
| Tue, 31 Aug 2021 | AR$553.9b | AR$1.0t | -AR$38,682,929,000.00 | 28x | -14.3x | 0.5x |
| Wed, 07 Jul 2021 | AR$465.5b | AR$1.0t | -AR$38,682,929,000.00 | 22.6x | -12x | 0.5x |
| Sat, 10 Apr 2021 | AR$362.0b | AR$830.1b | -AR$71,217,820,000.00 | 14x | -5.1x | 0.4x |
| Fri, 01 Jan 2021 | AR$414.7b | AR$772.1b | -AR$61,938,022,000.00 | 5.9x | -6.7x | 0.5x |
Price to Earnings Ratio
-4.4x
Current Industry PE
- Investors are optimistic on the Argentinean Oil and Gas industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 45.5x which is higher than its 3-year average PE of 11.6x.
- The 3-year average PS ratio of 0.81x is lower than the industry's current PS ratio of 2.1x.
Past Earnings Growth
- Total earnings for the Oil and Gas industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 77% per year.
- This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.
Industry Trends
Which industries have driven the changes within the Argentinian Energy industry?
| AR Market | -4.66% | |
| Energy | -13.01% | |
| Oil and Gas | -13.01% | |
| Oil and Gas Refining and Marketing | 0% | |
| Coal and Fuels | 0% | |
| Oil and Gas Exploration and Production | -7.98% | |
| Integrated Oil and Gas | -12.07% | |
| Oil and Gas Storage and Transportation | -17.17% | |
Industry PE
- Investors are most optimistic about the Oil and Gas Storage and Transportation industry which is trading above its 3-year average PE ratio of 2.8x.
- Analysts are expecting annual earnings growth of 44.5%, which is higher than its past year's earnings decline of 66.5% per year.
- Investors are most pessimistic about the Integrated Oil and Gas industry, which is trading below its 3-year average of 94.7x.
Forecasted Growth
- Analysts are most optimistic on the Oil and Gas Storage and Transportation industry, expecting annual earnings growth of 45% over the next 5 years.
- This is better than its past earnings decline of 66% per year.
- In contrast, the Integrated Oil and Gas industry is expected to see its earnings grow by 40% 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 | |
|---|---|---|---|---|---|
| TGNO4 Transportadora de Gas del Norte | AR$1.21k | 5.7% +AR$28.6b | 391.3% | PE20.9x | |
| COME Sociedad Comercial del Plata | AR$64.00 | 4.1% +AR$8.0b | 260.6% | PE20.5x |