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Australian (ASX) Oil and Gas Industry Analysis

UpdatedNov 27, 2021
DataAggregated Company Financials
Companies110
  • 7D-3.4%
  • 3M7.5%
  • 1Y8.9%
  • YTD5.4%

Over the last 7 days, the Oil and Gas industry has dropped 3.4%, and Santos contributed the most with a 3.7% decline. This takes the industry's 12 month performance to a gain of 8.9%.

Industry Valuation and Performance

Has the Australian Oil and Gas Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPE
Sun, 28 Nov 2021AU$89.3bAU$53.0b-AU$461,304,129.0027.4x
Tue, 26 Oct 2021AU$99.5bAU$52.5b-AU$499,050,373.0030.2x
Thu, 23 Sep 2021AU$85.4bAU$52.6bAU$248.3m24.7x
Sat, 21 Aug 2021AU$74.7bAU$51.8b-AU$287,976,342.4519.7x
Sat, 05 Jun 2021AU$77.3bAU$49.9b-AU$3,919,852,116.2916.8x
Tue, 09 Mar 2021AU$80.6bAU$48.1b-AU$7,584,254,093.2828.1x
Mon, 30 Nov 2020AU$74.8bAU$54.5b-AU$6,524,943,028.4334.1x
Thu, 03 Sep 2020AU$65.7bAU$60.9b-AU$5,240,915,974.6310.4x
Sun, 07 Jun 2020AU$68.7bAU$66.1b-AU$1,214,798,057.4610.9x
Sat, 29 Feb 2020AU$80.8bAU$66.7bAU$3.8b8.4x
Tue, 03 Dec 2019AU$99.5bAU$67.3bAU$5.4b14.8x
Fri, 06 Sep 2019AU$91.4bAU$67.1bAU$6.5b9x
Mon, 10 Jun 2019AU$94.3bAU$66.4bAU$6.9b11x
Sun, 03 Mar 2019AU$104.5bAU$66.2bAU$6.7b12x
Wed, 05 Dec 2018AU$89.2bAU$60.0bAU$5.5b13.3x
PE Ratio

13.3x

Total Market Cap: AU$89.2bTotal Earnings: AU$5.5bTotal Revenue: AU$60.0b0%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 27.4x which is higher than its 3-year average PE of 16.2x. It appears they are confident that earnings will grow faster in the future than they have historically.

Past Earnings Growth: Total earnings for the Oil and Gas industry have declined over the last three years, with the industry now making a loss overall. Revenues have declined 4.0% per year. This means overall sales are declining and profits are subsequently falling as well.

Industry Trends

Which industries have driven the changes within the Australian Oil and Gas industry?

Coal and Fuels-3.09%
Oil and Gas Refining and Marketing-3.13%
Oil and Gas Exploration and Production-3.60%
Oil and Gas Storage and Transportation-4.00%

Industry PE: Investors are most optimistic about the Coal and Fuels industry which is trading above its 3-year average PE ratio of 21.7x. This is likely because analysts are expecting annual earnings growth of 13%, which is higher than its past year's earnings decline of 71% per year. Meanwhile, investors are most pessimistic about the Oil and Gas Exploration and Production industry. Although, investor sentiment seems to have improved given its trading above its 3-year average of 15.5x.

Forecasted Growth: Analysts are most optimistic on the Coal and Fuels industry, expecting annual earnings growth of 13% over the next 5 years. This is better than its past earnings decline of 71% per year. Meanwhile, the Oil and Gas Storage and Transportation industry is expected to see its earnings decline by 38% 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 Resources3.9%+AU$47.6mn/aPB2.9x
DEV DevEx Resources17.1%+AU$29.8m116.7%PB12.2x
NHC New Hope1.0%+AU$16.6m42.9%PE21x
BRU Buru Energy21.4%+AU$16.2m84.8%PS12.1x
GLV Global Oil & Gas-18.5%AU$14.2m120.0%PB8.1x
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NHC

AU$2.00

New Hope

7D

1.0%

1Y

42.9%

BOE

AU$0.31

Boss Energy

7D

-15.1%

1Y

384.4%

ALD

AU$29.17

Ampol

7D

-3.6%

1Y

-4.8%