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Australian (ASX) Oil and Gas Industry Analysis

UpdatedNov 28, 2022
DataAggregated Company Financials
Companies117
  • 7D1.0%
  • 3M1.4%
  • 1Y42.5%
  • YTD36.8%

Over the last 7 days, the Oil and Gas industry has remained flat, although notably Whitehaven Coal gained 11%. As for the the longer term, the industry is up 42% over the past 12 months. As for the next few years, earnings are forecast to decline by 8.9% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 28 Nov 2022AU$158.4bAU$99.4bAU$14.1b6.7x11.3x1.6x
Wed, 26 Oct 2022AU$156.4bAU$101.4bAU$14.6b7x10.7x1.5x
Fri, 23 Sep 2022AU$150.2bAU$99.2bAU$13.9b7.4x10.8x1.5x
Sun, 21 Aug 2022AU$147.9bAU$76.7bAU$8.0b9.2x18.4x1.9x
Tue, 19 Jul 2022AU$163.2bAU$69.8bAU$4.7b10.8x35.1x2.3x
Thu, 16 Jun 2022AU$141.2bAU$69.6bAU$4.6b11.5x30.7x2x
Sat, 14 May 2022AU$113.1bAU$69.6bAU$4.6b10.4x24.5x1.6x
Mon, 11 Apr 2022AU$118.0bAU$68.4bAU$4.4b12.5x26.9x1.7x
Wed, 09 Mar 2022AU$123.0bAU$68.8bAU$4.9b14.7x25.1x1.8x
Fri, 04 Feb 2022AU$105.4bAU$53.2b-AU$456,957,483.0025x-230.7x2x
Sun, 02 Jan 2022AU$97.7bAU$52.9b-AU$469,626,856.0031.1x-208x1.8x
Tue, 30 Nov 2021AU$88.2bAU$53.2b-AU$452,119,043.0027x-195x1.7x
Thu, 28 Oct 2021AU$98.6bAU$52.5b-AU$500,167,026.0032.9x-197.1x1.9x
Sat, 25 Sep 2021AU$88.8bAU$52.5bAU$242.6m25x366.2x1.7x
Mon, 23 Aug 2021AU$74.8bAU$51.8b-AU$287,976,342.4520x-259.6x1.4x
Sat, 10 Jul 2021AU$80.5bAU$51.8b-AU$288,881,218.4525.6x-278.7x1.6x
Fri, 02 Apr 2021AU$81.1bAU$49.9b-AU$3,919,818,375.2915.1x-20.7x1.6x
Mon, 04 Jan 2021AU$77.4bAU$48.2b-AU$7,531,587,593.2821x-10.3x1.6x
Thu, 08 Oct 2020AU$60.5bAU$54.7b-AU$6,472,989,528.4326.7x-9.3x1.1x
Wed, 01 Jul 2020AU$67.1bAU$61.4b-AU$5,757,138,974.6310.6x-11.7x1.1x
Sat, 04 Apr 2020AU$52.5bAU$66.1b-AU$1,217,731,373.467.3x-43.1x0.8x
Tue, 07 Jan 2020AU$97.8bAU$66.6bAU$3.9b12.1x25.3x1.5x
Price to Earnings Ratio

18.3x


Total Market Cap: AU$99.5bTotal Earnings: AU$5.4bTotal Revenue: AU$67.3bTotal Market Cap vs Earnings and Revenue0%0%0%
Australian Oil and Gas Industry Price to Earnings3Y Average -48.2x202020212022
Current Industry PE
  • Investors are pessimistic on the Australian Oil and Gas 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 11.3x which is higher than its 3-year average PE of -48.2x.
  • The industry is trading close to its 3-year average PS ratio of 1.5x.
Past Earnings Growth
  • The earnings for companies in the Oil and Gas industry have grown 37% per year over the last three years.
  • Revenues for these companies have grown 14% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

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

AU Market1.17%
Energy0.90%
Oil and Gas0.99%
Coal and Fuels3.26%
Oil and Gas Exploration and Production0.44%
Integrated Oil and Gas0%
Oil and Gas Refining and Marketing-1.34%
Oil and Gas Storage and Transportation-8.93%
Industry PE
  • Investors are most optimistic about the Oil and Gas Exploration and Production industry, which is trading close to its 3-year average PE ratio of 13.8x.
    • Analysts are expecting annual earnings decline of 8.6%, which is lower than the prior year's growth of 407.3% per year.
Forecasted Growth
  • Despite it being negative, analysts are least pessimistic on the Oil and Gas Exploration and Production industry since they expect its earnings to decline by only 8.6% per year over the next 5 years, which isn't as bad as the other industries.
  • This is a reversal from its past annual earnings growth rate of 407% per year.
  • In contrast, the Oil and Gas Storage and Transportation industry is expected to see its earnings decline by 19% 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
WHC Whitehaven CoalAU$9.0710.7%
+AU$742.3m
271.7%PE4x
YAL Yancoal AustraliaAU$5.296.0%
+AU$396.1m
103.5%PE2.6x
STO SantosAU$7.450.9%
+AU$230.2m
14.8%PE11.4x
WDS Woodside Energy GroupAU$37.970.2%
+AU$151.9m
75.8%PE14.7x
NHC New HopeAU$5.392.1%
+AU$95.2m
169.5%PE4.8x
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Latest News

DYL

AU$0.68

Deep Yellow

7D

-7.5%

1Y

-28.6%

WHC

AU$9.07

Whitehaven Coal

7D

10.7%

1Y

271.7%

IVZ

AU$0.29

Invictus Energy

7D

-11.9%

1Y

118.5%

PEN

AU$0.14

Peninsula Energy

7D

-18.2%

1Y

-41.3%

ERA

AU$0.23

Energy Resources of Australia

7D

9.8%

1Y

-36.6%

COE

AU$0.18

Cooper Energy

7D

-7.5%

1Y

-24.5%

VEA

AU$2.72

Viva Energy Group

7D

-1.1%

1Y

23.6%

TER

AU$0.77

TerraCom

7D

-15.4%

1Y

316.2%

RNU

AU$0.32

Renascor Resources

7D

10.3%

1Y

190.9%

ALD

AU$28.39

Ampol

7D

-1.5%

1Y

-2.7%

BPT

AU$1.76

Beach Energy

7D

2.0%

1Y

46.3%

STO

AU$7.45

Santos

7D

0.9%

1Y

14.8%

YAL

AU$5.29

Yancoal Australia

7D

6.0%

1Y

103.5%