Revenues Working Against Woodside Energy Group Ltd's (ASX:WDS) Share Price
Jul 26
Australian (ASX) Energy Sector Analysis
UpdatedJul 26, 2024
DataAggregated Company Financials
Companies110
- 7D-6.8%
- 3M-4.6%
- 1Y-14.0%
- YTD-8.4%
Over the last 7 days, the Energy industry has dropped 6.8%, driven by Woodside Energy Group declining 9.0%. On the other hand New Zealand Oil & Gas is actually up 11%. The industry has fallen 14% in the last year. As for the next few years, earnings are expected to grow by 11% per annum.
Sector Valuation and Performance
Has the Australian Energy Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 26 Jul 2024 | AU$126.5b | AU$113.1b | AU$7.5b | 8.2x | 16.9x | 1.1x |
| Sun, 23 Jun 2024 | AU$130.2b | AU$112.9b | AU$7.5b | 9.1x | 17.3x | 1.2x |
| Tue, 21 May 2024 | AU$136.1b | AU$112.7b | AU$7.5b | 8.1x | 18.2x | 1.2x |
| Thu, 18 Apr 2024 | AU$137.3b | AU$114.1b | AU$7.7b | 7.9x | 17.8x | 1.2x |
| Sat, 16 Mar 2024 | AU$132.4b | AU$114.1b | AU$8.0b | 7.4x | 16.5x | 1.2x |
| Mon, 12 Feb 2024 | AU$139.2b | AU$129.4b | AU$19.6b | 6.2x | 7.1x | 1.1x |
| Wed, 10 Jan 2024 | AU$138.1b | AU$128.5b | AU$19.2b | 5.8x | 7.2x | 1.1x |
| Fri, 08 Dec 2023 | AU$128.7b | AU$129.2b | AU$19.5b | 5.8x | 6.6x | 1x |
| Sun, 05 Nov 2023 | AU$138.0b | AU$129.6b | AU$19.6b | 6x | 7x | 1.1x |
| Tue, 03 Oct 2023 | AU$146.7b | AU$130.3b | AU$19.8b | 6.3x | 7.4x | 1.1x |
| Thu, 31 Aug 2023 | AU$146.7b | AU$130.3b | AU$20.4b | 5.4x | 7.2x | 1.1x |
| Sat, 29 Jul 2023 | AU$145.4b | AU$127.8b | AU$23.2b | 5.5x | 6.3x | 1.1x |
| Mon, 26 Jun 2023 | AU$131.9b | AU$127.7b | AU$23.1b | 6.1x | 5.7x | 1x |
| Wed, 24 May 2023 | AU$148.9b | AU$130.0b | AU$24.3b | 6.6x | 6.1x | 1.1x |
| Fri, 21 Apr 2023 | AU$145.7b | AU$129.4b | AU$24.1b | 6.7x | 6x | 1.1x |
| Sun, 19 Mar 2023 | AU$149.6b | AU$144.3b | AU$23.6b | 6.2x | 6.3x | 1x |
| Tue, 14 Feb 2023 | AU$164.7b | AU$108.7b | AU$14.1b | 7.8x | 11.7x | 1.5x |
| Thu, 12 Jan 2023 | AU$163.5b | AU$108.9b | AU$14.1b | 7.1x | 11.6x | 1.5x |
| Sat, 10 Dec 2022 | AU$158.5b | AU$109.4b | AU$14.3b | 6.8x | 11.1x | 1.4x |
| Mon, 07 Nov 2022 | AU$171.3b | AU$110.8b | AU$14.6b | 7.3x | 11.7x | 1.5x |
| Wed, 05 Oct 2022 | AU$159.4b | AU$110.5b | AU$14.6b | 6.9x | 11x | 1.4x |
| Fri, 02 Sep 2022 | AU$158.6b | AU$107.4b | AU$13.3b | 7.9x | 12x | 1.5x |
| Sun, 31 Jul 2022 | AU$149.4b | AU$79.0b | AU$4.7b | 12.5x | 32.1x | 1.9x |
| Tue, 28 Jun 2022 | AU$143.9b | AU$79.0b | AU$4.7b | 11.4x | 30.8x | 1.8x |
| Thu, 26 May 2022 | AU$122.1b | AU$78.7b | AU$4.6b | 10.7x | 26.5x | 1.6x |
| Sat, 23 Apr 2022 | AU$125.1b | AU$78.1b | AU$4.5b | 12.5x | 27.7x | 1.6x |
| Mon, 21 Mar 2022 | AU$124.6b | AU$78.4b | AU$5.0b | 13.7x | 24.7x | 1.6x |
| Wed, 16 Feb 2022 | AU$113.9b | AU$63.0b | -AU$324,809,482.00 | 30.6x | -350.6x | 1.8x |
| Fri, 14 Jan 2022 | AU$112.3b | AU$62.7b | -AU$419,887,943.00 | 40x | -267.5x | 1.8x |
| Sun, 12 Dec 2021 | AU$94.6b | AU$62.9b | -AU$406,370,052.00 | 33.7x | -232.8x | 1.5x |
| Tue, 09 Nov 2021 | AU$101.0b | AU$62.6b | -AU$426,535,660.00 | 33.1x | -236.7x | 1.6x |
| Thu, 07 Oct 2021 | AU$107.4b | AU$62.8b | -AU$412,413,819.00 | 35.2x | -260.4x | 1.7x |
| Sat, 04 Sep 2021 | AU$86.6b | AU$61.7b | -AU$198,580,829.73 | 27.5x | -435.9x | 1.4x |
| Mon, 02 Aug 2021 | AU$86.5b | AU$61.6b | -AU$198,560,481.73 | 32.3x | -435.8x | 1.4x |
Price to Earnings Ratio
-435.8x
Current Industry PE
- Investors are pessimistic on the Australian 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 16.9x which is higher than its 3-year average PE of -41.4x.
- The 3-year average PS ratio of 1.4x is higher than the industry's current PS ratio of 1.1x.
Past Earnings Growth
- Total earnings for the Energy industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 22% 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 Australian Energy sector?
| AU Market | -2.20% | |
| Energy | -6.80% | |
| Oil and Gas | -6.80% | |
| Energy Services | -7.11% | |
Industry PE
- Investors are most optimistic about the Oil and Gas industry which is trading above its 3-year average PE ratio.
- Analysts are expecting annual earnings growth of 10.9%, which is higher than its past year's earnings decline of 28.7% per year.
Forecasted Growth
- Analysts are most optimistic on the Energy Services industry, expecting annual earnings growth of 114% over the next 5 years.
- In contrast, the Oil and Gas industry is expected to see its earnings grow by 11% 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 | |
|---|---|---|---|---|---|
| YAL Yancoal Australia | AU$6.81 | 1.5% +AU$132.0m | 33.3% | PE4.9x | |
| VEA Viva Energy Group | AU$3.11 | 2.0% +AU$95.3m | -0.6% | PE1299.6x | |
| 88E 88 Energy | AU$0.003 | 50.0% +AU$28.9m | -57.1% | PB0.6x | |
| COE Cooper Energy | AU$0.22 | 2.3% +AU$13.2m | 51.7% | PS2.9x | |
| IVZ Invictus Energy | AU$0.078 | 6.8% +AU$7.1m | -49.7% | PB1x |
