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Australian (ASX) Energy Sector Analysis

UpdatedNov 28, 2021
DataAggregated Company Financials
Companies116
  • 7D-5.4%
  • 3M3.3%
  • 1Y5.9%
  • YTD2.4%

Over the last 7 days, the Energy industry has dropped 5.4%, driven by a pullback from Woodside Petroleum of 4.5%. This takes the industry's 12 month performance to a gain of 5.9%.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPE
Tue, 30 Nov 2021AU$94.4bAU$63.0b-AU$399,595,395.0033.5x
Thu, 28 Oct 2021AU$104.9bAU$62.4b-AU$438,707,365.0036.1x
Sat, 25 Sep 2021AU$94.3bAU$62.4bAU$303.6m30x
Mon, 23 Aug 2021AU$80.8bAU$61.6b-AU$198,560,481.7326.2x
Sat, 10 Jul 2021AU$87.0bAU$61.6b-AU$199,465,357.7331.5x
Fri, 02 Apr 2021AU$86.8bAU$60.5b-AU$3,873,887,014.5615.1x
Mon, 04 Jan 2021AU$83.6bAU$59.6b-AU$7,596,420,732.5530.5x
Thu, 08 Oct 2020AU$65.6bAU$67.1b-AU$6,502,193,963.0630.3x
Wed, 01 Jul 2020AU$71.7bAU$74.9b-AU$5,750,314,448.6315.8x
Sat, 04 Apr 2020AU$55.8bAU$78.6b-AU$1,132,562,369.469.3x
Tue, 07 Jan 2020AU$106.1bAU$78.2bAU$4.0b12.1x
Mon, 30 Sep 2019AU$101.1bAU$76.8bAU$5.6b14.4x
Thu, 04 Jul 2019AU$103.4bAU$74.1bAU$6.6b10.2x
Sun, 07 Apr 2019AU$104.8bAU$72.7bAU$7.0b9.7x
Wed, 09 Jan 2019AU$94.0bAU$71.5bAU$6.7b7.9x
PE Ratio

13.3x

Total Market Cap: AU$95.6bTotal Earnings: AU$5.6bTotal Revenue: AU$65.3b0%0%0%3 Year10 Year
201920202021

Current Industry PE: Investors are more optimistic on the industry, considering it's trading at a PE ratio of 33.0x which is higher than its 3-year average PE of 18.9x. It appears they are confident that earnings will grow faster in the future than they have historically.

Past Earnings Growth: Total earnings for the Energy industry have declined over the last three years, with the industry now making a loss overall. Revenues have remained mostly flat. This means that although sales have remained flat, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Industry Trends

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

Energy Services-4.28%
Oil and Gas-5.51%

Industry PE: Investors are most optimistic about the Energy Services industry which is trading above its 3-year average PE ratio of 38.2x. This is likely because analysts are expecting annual earnings growth of 25%, which is higher than its past year's earnings decline of 50% per year. Meanwhile, investors are most pessimistic about the Oil and Gas industry. Although, investor sentiment seems to have improved given its trading above its 3-year average of 16.3x.

Forecasted Growth: Analysts are most optimistic on the Energy Services industry, expecting annual earnings growth of 25% over the next 5 years. This is better than its past earnings decline of 50% per year. Meanwhile, the Oil and Gas industry is expected to see its earnings grow by 13% per year over the next few years.

Top Stock Gainers and Losers

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

Company7D1YValuation
TBN Tamboran Resources1.3%+AU$41.1mn/an/a
WEC White Energy15.4%+AU$15.5m20.0%n/a
BRU Buru Energy15.6%+AU$13.5m90.7%n/a
TPD Talon Energy25.0%+AU$13.5m150.0%n/a
DEV DevEx Resources6.1%+AU$12.6m122.2%n/a
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ADX

AU$0.012

ADX Energy

7D

20.0%

1Y

100.0%

ALD

AU$28.67

Ampol

7D

-6.4%

1Y

-7.1%