Investing IdeasBrowse All StocksMarkets
Have your own idea? Try our Stock Screener
Header cover image

Australian (ASX) Energy Sector Analysis

UpdatedMar 14, 2026
DataAggregated Company Financials
Companies111
  • 7D2.6%
  • 3M20.7%
  • 1Y34.3%
  • YTD22.9%

Over the last 7 days, the Energy industry has risen 2.6%, driven by gains from Yancoal Australia of 27%. This takes the industry's 12 month performance to a gain of 34%. As for the next few years, earnings are expected to grow by 14% per annum.

Sector Valuation and Performance

Has the Australian Energy Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 14 Mar 2026AU$139.9bAU$102.7bAU$5.4b17.7x26x1.4x
Mon, 09 Feb 2026AU$121.2bAU$108.4bAU$6.4b15.3x18.9x1.1x
Wed, 07 Jan 2026AU$113.3bAU$109.7bAU$6.7b12.9x16.8x1x
Fri, 05 Dec 2025AU$117.2bAU$110.2bAU$6.8b13.8x17.2x1.1x
Sun, 02 Nov 2025AU$114.9bAU$110.5bAU$6.9b13x16.6x1x
Tue, 30 Sep 2025AU$112.0bAU$110.4bAU$7.0b13.8x16.1x1x
Thu, 28 Aug 2025AU$122.4bAU$111.0bAU$7.4b13.8x16.6x1.1x
Sat, 26 Jul 2025AU$121.4bAU$112.3bAU$8.9b15x13.6x1.1x
Mon, 23 Jun 2025AU$118.2bAU$112.8bAU$9.1b14.5x13x1x
Wed, 21 May 2025AU$100.8bAU$113.0bAU$9.1b12.9x11.1x0.9x
Fri, 18 Apr 2025AU$91.7bAU$113.2bAU$9.2b13x10x0.8x
Sun, 16 Mar 2025AU$101.7bAU$113.2bAU$9.2b14.5x11.1x0.9x
Tue, 11 Feb 2025AU$115.2bAU$112.0bAU$7.0b13.2x16.5x1x
Thu, 09 Jan 2025AU$117.6bAU$112.3bAU$6.5b12.6x18.1x1x
Sat, 07 Dec 2024AU$112.1bAU$111.3bAU$6.3b12.6x17.8x1x
Mon, 04 Nov 2024AU$114.4bAU$110.6bAU$6.2b11.5x18.5x1x
Wed, 02 Oct 2024AU$118.7bAU$109.2bAU$5.9b12.1x20.1x1.1x
Fri, 30 Aug 2024AU$117.8bAU$109.9bAU$6.2b12.5x19.1x1.1x
Sun, 28 Jul 2024AU$127.5bAU$113.0bAU$7.5b7.8x17.1x1.1x
Tue, 25 Jun 2024AU$127.8bAU$112.9bAU$7.5b9.2x17x1.1x
Thu, 23 May 2024AU$135.8bAU$112.8bAU$7.5b8.2x18.1x1.2x
Sat, 20 Apr 2024AU$132.7bAU$114.0bAU$7.7b7.7x17.2x1.2x
Mon, 18 Mar 2024AU$132.2bAU$114.1bAU$8.0b6.7x16.6x1.2x
Wed, 14 Feb 2024AU$138.0bAU$129.9bAU$19.2b6x7.2x1.1x
Fri, 12 Jan 2024AU$137.8bAU$128.5bAU$19.2b5.9x7.2x1.1x
Sun, 10 Dec 2023AU$130.0bAU$129.2bAU$19.5b5.7x6.7x1x
Tue, 07 Nov 2023AU$136.5bAU$129.6bAU$19.6b5.9x7x1.1x
Thu, 05 Oct 2023AU$146.7bAU$130.8bAU$20.0b6x7.4x1.1x
Sat, 02 Sep 2023AU$146.8bAU$130.1bAU$19.9b4.6x7.4x1.1x
Mon, 31 Jul 2023AU$145.4bAU$127.9bAU$23.2b5.5x6.3x1.1x
Wed, 28 Jun 2023AU$131.6bAU$127.6bAU$23.1b6.1x5.7x1x
Fri, 26 May 2023AU$149.6bAU$130.4bAU$24.4b6.6x6.1x1.1x
Sun, 23 Apr 2023AU$146.5bAU$129.6bAU$24.2b6.7x6.1x1.1x
Tue, 21 Mar 2023AU$145.2bAU$144.3bAU$23.6b6.1x6.2x1x
Price to Earnings Ratio

6.2x


Total Market Cap: AU$145.2bTotal Earnings: AU$23.6bTotal Revenue: AU$144.3bTotal Market Cap vs Earnings and Revenue0%0%0%
Australian Energy Sector Price to Earnings3Y Average 13.3x202420252026
Current Industry PE
  • Investors are optimistic on the Australian Energy industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 26.0x which is higher than its 3-year average PE of 13.3x.
  • The 3-year average PS ratio of 1.1x is lower than the industry's current PS ratio of 1.4x.
Past Earnings Growth
  • The earnings for companies in the Energy industry have declined 39% per year over the last three years,
  • Revenues have also declined 11% per year.
  • This means overall sales from these companies are declining and profits are subsequently falling as well.

Industry Trends

Which industries have driven the changes within the Australian Energy sector?

AU Market-2.66%
Energy2.60%
Oil and Gas2.60%
Energy Services2.35%
Industry PE
  • Investors are most optimistic about the Oil and Gas industry which is trading above its 3-year average PE ratio of 13.3x.
    • Analysts are expecting annual earnings growth of 13.9%, which is higher than its past year's earnings decline of 32.7% per year.
Forecasted Growth
  • Analysts are most optimistic on the Energy Services industry, expecting annual earnings growth of 110% over the next 5 years.
  • In contrast, the Oil and Gas industry is expected to see its earnings grow by 14% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
YAL Yancoal AustraliaAU$8.0627.3%
+AU$2.3b		51.8%PE24.2x
WHC Whitehaven CoalAU$9.3510.3%
+AU$714.5m		68.8%PE12.5x
WDS Woodside Energy GroupAU$31.040.9%
+AU$551.3m		38.7%PE15.3x
NHC New HopeAU$5.356.2%
+AU$261.3m		42.3%PE10.3x
STO SantosAU$7.530.9%
+AU$226.8m		20.7%PE21x

Latest News

STO
AU$7.53
Santos
7D
0.9%
1Y
20.7%
WHC
AU$9.35
Whitehaven Coal
7D
10.3%
1Y
68.8%
OMA
AU$0.63
Omega Oil & Gas
7D
9.6%
1Y
52.4%
PDN
AU$11.71
Paladin Energy
7D
-3.7%
1Y
82.4%

Paladin Energy: Betting on the Nuclear Renaissance

The global energy transition has revived interest in nuclear power. As countries search for reliable, low-carbon baseload electricity, nuclear energy is re-entering policy discussions across Europe, North America, and Asia.
NHC
AU$5.35
New Hope
7D
6.2%
1Y
42.3%

NHC: Extended Buyback And Softer Coal Volumes Will Limit Future Upside

Analysts have slightly adjusted their A$ price target for New Hope, reflecting updated views on its revenue outlook, profit margins and future P/E assumptions, while keeping fair value estimates broadly unchanged. What's in the News New Hope has extended its existing share buyback plan by one year, with the program now running until March 2, 2027, following an update announced on March 3, 2026 (Key Developments).
ALD
AU$30.85
Ampol
7D
-0.4%
1Y
29.0%

ALD: Future Returns Will Be Supported By Upcoming Dividend And Stable Margins

Ampol's analyst price target has edged down slightly from A$33.74 to A$33.32 as analysts update their assumptions on growth, margins and future P/E settings while keeping their overall view broadly intact. What's in the News Ampol declared an ordinary fully franked dividend of A$0.60 per share for the six months ended December 31, 2025, giving investors clarity on the latest half year cash return from the company (Key Developments).
WDS
AU$31.04
Woodside Energy Group
7D
0.9%
1Y
38.7%
DYL
AU$2.00
Deep Yellow
7D
-7.8%
1Y
98.0%
YAL
AU$8.06
Yancoal Australia
7D
27.3%
1Y
51.8%
BMN
AU$3.97
Bannerman Energy
7D
-5.7%
1Y
94.6%
VEA
AU$2.14
Viva Energy Group
7D
1.9%
1Y
24.1%

VEA: Dividend Outlook And Higher P/E Multiple Will Shape Future Returns

Analysts have kept their price target on Viva Energy Group at A$1.90, reflecting updated assumptions for discount rates, revenue trends, profit margins and a higher future P/E multiple. What's in the News Viva Energy Group has declared an ordinary fully franked dividend of A$0.0394 per share for the six month period ended 31 December 2025 (Key Developments).
PEN
AU$0.59
Peninsula Energy
7D
-7.8%
1Y
-11.3%
LOT
AU$1.59
Lotus Resources
7D
-16.1%
1Y
-18.9%
TBN
AU$0.21
Tamboran Resources
7D
-4.5%
1Y
23.5%
EDE
AU$0.14
Eden Innovations
7D
-23.7%
1Y
625.0%
MCM
AU$0.32
MC Mining
7D
23.1%
1Y
236.8%