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Australian (ASX) Oil and Gas Exploration and Production Industry Analysis

UpdatedMay 31, 2023
DataAggregated Company Financials
Companies79
  • 7D1.0%
  • 3M-2.1%
  • 1Y6.5%
  • YTD0.3%

Over the last 7 days, the Oil and Gas Exploration and Production industry has remained flat, although notably Empire Energy Group gained 15%. As for the the longer term, the industry is up 6.5% over the past 12 months. In the next few years, earnings are forecast to decline by 11% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 01 Jun 2023AU$101.9bAU$41.2bAU$13.6b6.7x7.5x2.5x
Sat, 29 Apr 2023AU$98.5bAU$41.0bAU$13.5b6.9x7.3x2.4x
Mon, 27 Mar 2023AU$95.0bAU$40.6bAU$13.3b7.1x7.2x2.3x
Wed, 22 Feb 2023AU$98.2bAU$27.5bAU$7.0b14.3x14x3.6x
Fri, 20 Jan 2023AU$105.1bAU$27.5bAU$7.0b16x14.9x3.8x
Sun, 18 Dec 2022AU$102.6bAU$28.2bAU$7.2b13.7x14.2x3.6x
Tue, 15 Nov 2022AU$110.3bAU$28.2bAU$7.2b14.2x15.2x3.9x
Thu, 13 Oct 2022AU$98.0bAU$29.8bAU$7.7b14.1x12.7x3.3x
Sat, 10 Sep 2022AU$98.1bAU$27.9bAU$7.3b7.5x13.5x3.5x
Mon, 08 Aug 2022AU$92.5bAU$19.7bAU$3.9b9.4x23.8x4.7x
Wed, 06 Jul 2022AU$96.9bAU$19.8bAU$3.9b10x24.8x4.9x
Fri, 03 Jun 2022AU$95.5bAU$19.0bAU$3.7b10.5x25.6x5x
Sun, 01 May 2022AU$69.4bAU$19.4bAU$3.8b10.7x18.1x3.6x
Tue, 29 Mar 2022AU$71.9bAU$18.4bAU$3.7b12.4x19.3x3.9x
Thu, 24 Feb 2022AU$71.9bAU$20.4bAU$3.9b18.2x18.3x3.5x
Sat, 22 Jan 2022AU$67.8bAU$14.9bAU$1.2b24.5x56.8x4.6x
Mon, 20 Dec 2021AU$61.3bAU$15.1bAU$1.2b25.3x50.6x4.1x
Wed, 17 Nov 2021AU$55.2bAU$14.7bAU$1.2b25.3x46.5x3.7x
Fri, 15 Oct 2021AU$59.9bAU$14.7bAU$1.2b26.5x50.6x4.1x
Sun, 12 Sep 2021AU$47.9bAU$14.2bAU$1.0b23.3x46.4x3.4x
Tue, 10 Aug 2021AU$50.5bAU$14.2bAU$1.0b24.5x49.9x3.6x
Mon, 03 May 2021AU$52.1bAU$13.3b-AU$2,717,573,416.2916.4x-19.2x3.9x
Thu, 04 Feb 2021AU$52.9bAU$12.5b-AU$6,478,108,143.6310x-8.2x4.2x
Sun, 08 Nov 2020AU$38.1bAU$14.5b-AU$6,549,647,955.5016.5x-5.8x2.6x
Sat, 01 Aug 2020AU$42.4bAU$16.2b-AU$6,254,419,565.3413.8x-6.8x2.6x
Price to Earnings Ratio

-20.5x


Total Market Cap: AU$46.5bTotal Earnings: -AU$2,266,310,919.40Total Revenue: AU$18.9bTotal Market Cap vs Earnings and Revenue0%0%0%
Australian Oil and Gas Exploration and Production Industry Price to Earnings3Y Average 14.4x202120222023
Current Industry PE
  • Investors are pessimistic on the Australian Oil and Gas Exploration and Production 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 7.5x which is lower than its 3-year average PE of 14.4x.
  • The 3-year average PS ratio of 3.6x is higher than the industry's current PS ratio of 2.5x.
Past Earnings Growth
  • Total earnings for the Oil and Gas Exploration and Production industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 30% per year.
  • This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.

Industry Comparison

How does Australian Oil and Gas Exploration and Production compare with similar industries?

AU Market-0.81%
Energy-0.83%
Oil and Gas-0.84%
Oil and Gas Exploration and Production0.99%
Oil and Gas Refining and Marketing1.78%
Integrated Oil and Gas0%
Coal and Fuels-7.00%
Oil and Gas Storage and Transportation-13.21%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
EEG Empire Energy GroupAU$0.2014.7%
+AU$19.3m
-25.0%PS11x
IVZ Invictus EnergyAU$0.1416.0%
+AU$19.2m
-29.3%PS98622.3x
MAY Melbana EnergyAU$0.0795.3%
+AU$13.5m
-4.8%PB4.9x
88E 88 EnergyAU$0.00757.1%
+AU$10.1m
-37.5%PS60323.6x
TMK TMK EnergyAU$0.01614.3%
+AU$10.1m
45.5%PB21.7x
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Latest News

STX

AU$0.48

Strike Energy

7D

-2.0%

1Y

65.5%

COE

AU$0.14

Cooper Energy

7D

-3.4%

1Y

-45.1%

MAY

AU$0.079

Melbana Energy

7D

5.3%

1Y

-4.8%

BPT

AU$1.39

Beach Energy

7D

-1.8%

1Y

-20.3%

KAR

AU$1.99

Karoon Energy

7D

-3.9%

1Y

-2.9%

EXR

AU$0.098

Elixir Energy

7D

-10.9%

1Y

-34.7%

88E

AU$0.0075

88 Energy

7D

7.1%

1Y

-37.5%

IVZ

AU$0.14

Invictus Energy

7D

16.0%

1Y

-29.3%

GGX

AU$0.002

Gas2Grid

7D

100.0%

1Y

-20.0%

TMK

AU$0.016

TMK Energy

7D

14.3%

1Y

45.5%