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

UpdatedApr 13, 2025
DataAggregated Company Financials
Companies68
  • 7D-5.0%
  • 3M-21.4%
  • 1Y-33.2%
  • YTDn/a

Over the last 7 days, the Oil and Gas Exploration and Production industry has dropped 5.0%, driven by declines in Woodside Energy Group and Santos of 3.9% and 7.6%, respectively. In contrast, Strike Energy has gained 6.7%. However, the industry is down 33% over the past year. Looking forward, earnings are forecast to decline by 2.3% per year.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 13 Apr 2025AU$62.5bAU$33.4bAU$7.7b12.9x8.1x1.9x
Tue, 11 Mar 2025AU$71.8bAU$33.3bAU$7.7b13x9.3x2.2x
Thu, 06 Feb 2025AU$79.2bAU$32.9bAU$4.7b12.6x17x2.4x
Sat, 04 Jan 2025AU$79.1bAU$33.2bAU$4.7b12.8x16.8x2.4x
Mon, 02 Dec 2024AU$76.2bAU$31.8bAU$4.5b12.6x17.1x2.4x
Wed, 30 Oct 2024AU$76.4bAU$31.6bAU$4.4b11.6x17.2x2.4x
Fri, 27 Sep 2024AU$77.9bAU$30.2bAU$4.2b8.6x18.7x2.6x
Sun, 25 Aug 2024AU$81.9bAU$32.7bAU$3.9b7.9x21.3x2.5x
Tue, 23 Jul 2024AU$89.9bAU$33.7bAU$4.5b8.2x20x2.7x
Thu, 20 Jun 2024AU$85.3bAU$33.6bAU$4.5b7.9x19x2.5x
Sat, 18 May 2024AU$87.2bAU$33.7bAU$4.5b7.2x19.4x2.6x
Mon, 15 Apr 2024AU$93.3bAU$34.7bAU$4.6b7.4x20.1x2.7x
Wed, 13 Mar 2024AU$88.4bAU$34.0bAU$4.5b8.7x19.5x2.6x
Fri, 09 Feb 2024AU$95.8bAU$42.6bAU$13.2b6.3x7.2x2.3x
Sun, 07 Jan 2024AU$96.5bAU$41.3bAU$12.8b6.4x7.6x2.3x
Tue, 05 Dec 2023AU$90.8bAU$41.6bAU$12.9b7.2x7.1x2.2x
Thu, 02 Nov 2023AU$102.0bAU$43.6bAU$13.5b7.6x7.6x2.3x
Sat, 30 Sep 2023AU$106.3bAU$42.9bAU$13.3b5.9x8x2.5x
Mon, 28 Aug 2023AU$107.4bAU$43.2bAU$13.4b7x8x2.5x
Wed, 26 Jul 2023AU$108.6bAU$40.0bAU$13.1b7.2x8.3x2.7x
Fri, 23 Jun 2023AU$103.3bAU$40.0bAU$13.1b7x7.9x2.6x
Sun, 21 May 2023AU$99.5bAU$40.6bAU$13.3b6.8x7.5x2.5x
Tue, 18 Apr 2023AU$101.6bAU$40.3bAU$13.2b7.3x7.7x2.5x
Thu, 16 Mar 2023AU$96.9bAU$40.6bAU$13.3b7.4x7.3x2.4x
Sat, 11 Feb 2023AU$102.3bAU$27.3bAU$7.0b15.3x14.6x3.7x
Mon, 09 Jan 2023AU$100.1bAU$27.5bAU$7.0b14.3x14.2x3.6x
Wed, 07 Dec 2022AU$105.7bAU$28.1bAU$7.2b14x14.7x3.8x
Fri, 04 Nov 2022AU$107.6bAU$29.4bAU$7.6b14.3x14.2x3.7x
Sun, 02 Oct 2022AU$93.2bAU$29.0bAU$7.5b7.5x12.4x3.2x
Tue, 30 Aug 2022AU$103.7bAU$22.3bAU$5.1b8.6x20.3x4.6x
Thu, 28 Jul 2022AU$94.2bAU$19.6bAU$3.9b9.6x24.4x4.8x
Sat, 25 Jun 2022AU$91.8bAU$19.7bAU$3.9b9.7x23.7x4.7x
Mon, 23 May 2022AU$65.8bAU$19.4bAU$3.8b10.1x17.3x3.4x
Wed, 20 Apr 2022AU$72.8bAU$18.7bAU$3.7b11.8x19.6x3.9x
Price to Earnings Ratio

19.6x


Total Market Cap: AU$72.8bTotal Earnings: AU$3.7bTotal Revenue: AU$18.7bTotal Market Cap vs Earnings and Revenue0%0%0%
Australian Oil and Gas Exploration and Production Industry Price to Earnings3Y Average 14.3x202320242025
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 8.1x which is lower than its 3-year average PE of 14.3x.
  • The 3-year average PS ratio of 2.9x is higher than the industry's current PS ratio of 1.9x.
Past Earnings Growth
  • The earnings for companies in the Oil and Gas Exploration and Production industry have grown 28% per year over the last three years.
  • Revenues for these companies have grown 21% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Comparison

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

AU Market0.081%
Energy-3.28%
Oil and Gas-3.28%
Oil and Gas Exploration and Production-4.97%
Coal and Fuels3.41%
Oil and Gas Storage and Transportation0%0
Oil and Gas Refining and Marketing-5.50%
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
STX Strike EnergyAU$0.166.7%
+AU$28.7m
-30.4%PS6.3x
HE8 Helios EnergyAU$0.01741.7%
+AU$13.7m
-65.3%PS798.5x
EEG Empire Energy GroupAU$0.195.6%
+AU$10.2m
2.7%PS189.1x
TMK TMK EnergyAU$0.00433.3%
+AU$9.3m
33.3%PB1.6x
JGH Jade Gas HoldingsAU$0.0411.1%
+AU$6.7m
-32.2%PB3x
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Latest News

STX

AU$0.16

Strike Energy

7D

6.7%

1Y

-30.4%

CVN

AU$0.10

Carnarvon Energy

7D

-4.5%

1Y

-46.2%

JGH

AU$0.04

Jade Gas Holdings

7D

11.1%

1Y

-32.2%

HZN

AU$0.19

Horizon Oil

7D

-7.3%

1Y

5.6%

STO

AU$5.50

Santos

7D

-7.6%

1Y

-29.6%

TMK

AU$0.004

TMK Energy

7D

33.3%

1Y

33.3%

WDS

AU$19.63

Woodside Energy Group

7D

-3.9%

1Y

-35.0%

CND

AU$0.031

Condor Energy

7D

34.8%

1Y

-36.7%

KAR

AU$1.23

Karoon Energy

7D

-9.9%

1Y

-46.8%

EEG

AU$0.19

Empire Energy Group

7D

5.6%

1Y

2.7%

HE8

AU$0.017

Helios Energy

7D

41.7%

1Y

-65.3%

KKO

AU$0.054

Kinetiko Energy

7D

-10.0%

1Y

-37.9%

MAY

AU$0.025

Melbana Energy

7D

8.7%

1Y

-57.6%