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Australian (ASX) Oil and Gas Exploration and Production Industry Analysis
UpdatedJun 04, 2025
DataAggregated Company Financials
Companies68
- 7D2.5%
- 3M-4.3%
- 1Y-17.9%
- YTDn/a
In the last week, the Oil and Gas Exploration and Production industry is up 2.5%, with Woodside Energy Group up 3.1%. Meanwhile, Otto Energy actually underperformed within the industry, shrinking 69% in the last week. In contrast, the industry has lost 18% in the last 12 months. As for the next few years, earnings are forecast to decline by 8.8% per annum.
Industry Valuation and Performance
Has the Australian Oil and Gas Exploration and Production Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 05 Jun 2025 | AU$71.4b | AU$32.6b | AU$7.5b | 12.9x | 9.5x | 2.2x |
| Sat, 03 May 2025 | AU$66.7b | AU$32.7b | AU$7.6b | 13.1x | 8.8x | 2x |
| Mon, 31 Mar 2025 | AU$76.2b | AU$33.4b | AU$7.8b | 13.4x | 9.8x | 2.3x |
| Wed, 26 Feb 2025 | AU$75.4b | AU$32.3b | AU$5.1b | 13.9x | 14.8x | 2.3x |
| Fri, 24 Jan 2025 | AU$79.6b | AU$33.0b | AU$4.7b | 13.2x | 17x | 2.4x |
| Sun, 22 Dec 2024 | AU$73.7b | AU$33.0b | AU$4.7b | 11.3x | 15.8x | 2.2x |
| Tue, 19 Nov 2024 | AU$76.3b | AU$32.1b | AU$4.5b | 11.3x | 16.9x | 2.4x |
| Thu, 17 Oct 2024 | AU$78.5b | AU$31.1b | AU$4.3b | 11.9x | 18.1x | 2.5x |
| Sat, 14 Sep 2024 | AU$77.0b | AU$31.0b | AU$4.3b | 8x | 18x | 2.5x |
| Mon, 12 Aug 2024 | AU$82.6b | AU$34.1b | AU$4.6b | 7.4x | 18.1x | 2.4x |
| Wed, 10 Jul 2024 | AU$89.8b | AU$33.4b | AU$4.4b | 6.7x | 20.2x | 2.7x |
| Fri, 07 Jun 2024 | AU$85.9b | AU$33.7b | AU$4.5b | 9.3x | 19.1x | 2.5x |
| Sun, 05 May 2024 | AU$86.1b | AU$33.9b | AU$4.5b | 6.9x | 19x | 2.5x |
| Tue, 02 Apr 2024 | AU$94.1b | AU$34.4b | AU$4.6b | 7x | 20.4x | 2.7x |
| Thu, 29 Feb 2024 | AU$90.4b | AU$34.2b | AU$4.5b | 6.7x | 20.2x | 2.6x |
| Sat, 27 Jan 2024 | AU$95.7b | AU$42.1b | AU$13.0b | 7.6x | 7.4x | 2.3x |
| Mon, 25 Dec 2023 | AU$95.4b | AU$40.8b | AU$12.6b | 6.4x | 7.6x | 2.3x |
| Wed, 22 Nov 2023 | AU$94.4b | AU$42.2b | AU$13.0b | 5.8x | 7.2x | 2.2x |
| Fri, 20 Oct 2023 | AU$106.2b | AU$43.8b | AU$13.5b | 7.8x | 7.8x | 2.4x |
| Sun, 17 Sep 2023 | AU$109.9b | AU$43.1b | AU$13.3b | 6.4x | 8.2x | 2.6x |
| Tue, 15 Aug 2023 | AU$110.5b | AU$41.5b | AU$13.6b | 7.4x | 8.1x | 2.7x |
| Thu, 13 Jul 2023 | AU$102.5b | AU$40.4b | AU$13.3b | 6.8x | 7.7x | 2.5x |
| Sat, 10 Jun 2023 | AU$100.6b | AU$40.2b | AU$13.2b | 6.8x | 7.6x | 2.5x |
| Mon, 08 May 2023 | AU$97.3b | AU$40.0b | AU$13.2b | 6.8x | 7.4x | 2.4x |
| Wed, 05 Apr 2023 | AU$100.4b | AU$40.0b | AU$13.1b | 7.5x | 7.6x | 2.5x |
| Fri, 03 Mar 2023 | AU$105.9b | AU$40.1b | AU$13.2b | 7.5x | 8x | 2.6x |
| Sun, 29 Jan 2023 | AU$104.6b | AU$26.7b | AU$6.8b | 15.6x | 15.3x | 3.9x |
| Tue, 27 Dec 2022 | AU$102.9b | AU$28.1b | AU$7.2b | 13.8x | 14.3x | 3.7x |
| Thu, 24 Nov 2022 | AU$109.9b | AU$28.5b | AU$7.3b | 14.2x | 15x | 3.9x |
| Sat, 22 Oct 2022 | AU$102.8b | AU$29.7b | AU$7.7b | 13.9x | 13.4x | 3.5x |
| Mon, 19 Sep 2022 | AU$98.2b | AU$28.1b | AU$7.3b | 10.5x | 13.4x | 3.5x |
| Wed, 17 Aug 2022 | AU$94.3b | AU$19.4b | AU$3.8b | 8.7x | 24.8x | 4.9x |
| Fri, 15 Jul 2022 | AU$119.2b | AU$20.0b | AU$3.9b | 9.3x | 30.2x | 6x |
| Sun, 12 Jun 2022 | AU$105.8b | AU$19.3b | AU$3.8b | 11.1x | 27.8x | 5.5x |
Price to Earnings Ratio
27.8x
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 9.5x which is lower than its 3-year average PE of 13.8x.
- The 3-year average PS ratio of 2.8x is higher than the industry's current PS ratio of 2.2x.
Past Earnings Growth
- The earnings for companies in the Oil and Gas Exploration and Production industry have grown 26% per year over the last three years.
- Revenues for these companies have grown 19% 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 Market | 0.79% | |
| Energy | 1.01% | |
| Oil and Gas | 1.01% | |
| Oil and Gas Exploration and Production | 2.50% | |
| Oil and Gas Storage and Transportation | 0% | 0 |
| Oil and Gas Refining and Marketing | -0.27% | |
| Coal and Fuels | -2.92% | |
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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| WDS Woodside Energy Group | AU$22.80 | 3.1% +AU$1.3b | -16.0% | PE7.8x | |
| STO Santos | AU$6.59 | 0.6% +AU$129.6m | -12.1% | PE11.3x | |
| KAR Karoon Energy | AU$1.74 | 4.8% +AU$58.0m | 1.8% | PE6.5x | |
| TBN Tamboran Resources | AU$0.17 | 6.3% +AU$29.1m | -8.1% | PB1.3x | |
| EEG Empire Energy Group | AU$0.17 | 12.9% +AU$23.8m | -16.7% | PS203.9x |
