Header cover image

Australian (ASX) Oil and Gas Industry Analysis

UpdatedDec 26, 2024
DataAggregated Company Financials
Companies102
  • 7D1.9%
  • 3M-6.3%
  • 1Y-26.0%
  • YTD-27.0%

In the last week, the Oil and Gas industry is up 1.9%, with Woodside Energy Group up 2.5%. In the past year, the industry is down 26%. Looking forward, earnings are forecast to grow by 7.6% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 26 Dec 2024AU$111.6bAU$112.1bAU$6.5b11.9x17.3x1x
Sat, 23 Nov 2024AU$115.4bAU$110.8bAU$6.2b13.3x18.6x1x
Mon, 21 Oct 2024AU$116.6bAU$109.9bAU$6.1b11.9x19.2x1.1x
Wed, 18 Sep 2024AU$111.2bAU$109.7bAU$6.0b9.8x18.5x1x
Fri, 16 Aug 2024AU$122.0bAU$112.6bAU$7.1b7.5x17.2x1.1x
Sun, 14 Jul 2024AU$135.8bAU$111.9bAU$7.3b6.3x18.5x1.2x
Tue, 11 Jun 2024AU$130.6bAU$112.8bAU$7.5b8.9x17.5x1.2x
Thu, 09 May 2024AU$133.2bAU$112.9bAU$7.5b6.9x17.8x1.2x
Sat, 06 Apr 2024AU$138.9bAU$112.8bAU$7.5b7.3x18.6x1.2x
Mon, 04 Mar 2024AU$134.7bAU$113.5bAU$7.9b10.8x17.1x1.2x
Wed, 31 Jan 2024AU$141.5bAU$128.7bAU$19.3b6x7.3x1.1x
Fri, 29 Dec 2023AU$136.6bAU$127.3bAU$18.8b5.6x7.3x1.1x
Sun, 26 Nov 2023AU$133.1bAU$128.7bAU$19.3b4.9x6.9x1x
Tue, 24 Oct 2023AU$141.1bAU$130.5bAU$19.9b5.7x7.1x1.1x
Thu, 21 Sep 2023AU$144.9bAU$129.4bAU$19.6b4.8x7.4x1.1x
Sat, 19 Aug 2023AU$145.5bAU$128.0bAU$22.7b7.1x6.4x1.1x
Mon, 17 Jul 2023AU$139.0bAU$126.5bAU$22.7b6.3x6.1x1.1x
Wed, 14 Jun 2023AU$133.0bAU$126.8bAU$22.8b6.3x5.8x1x
Fri, 12 May 2023AU$145.9bAU$129.0bAU$24.0b6.7x6.1x1.1x
Sun, 09 Apr 2023AU$146.9bAU$129.4bAU$24.1b6.9x6.1x1.1x
Tue, 07 Mar 2023AU$156.5bAU$133.2bAU$23.6b7.3x6.6x1.2x
Thu, 02 Feb 2023AU$156.0bAU$98.1bAU$13.7b7.2x11.4x1.6x
Sat, 31 Dec 2022AU$154.7bAU$99.2bAU$14.0b7.2x11x1.6x
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
Price to Earnings Ratio

-208x


Total Market Cap: AU$97.7bTotal Earnings: -AU$469,626,856.00Total Revenue: AU$52.9bTotal Market Cap vs Earnings and Revenue0%0%0%
Australian Oil and Gas Industry Price to Earnings3Y Average 4x20232024
Current Industry PE
  • Investors are optimistic on the Australian Oil and Gas industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 17.3x which is higher than its 3-year average PE of 4.0x.
  • The 3-year average PS ratio of 1.3x is higher than the industry's current PS ratio of 1.00x.
Past Earnings Growth
  • Total earnings for the Oil and Gas industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 28% per year.
  • This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.

Industry Trends

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

AU Market-1.00%
Energy1.88%
Oil and Gas1.88%
Oil and Gas Storage and Transportation5.88%
Oil and Gas Refining and Marketing2.87%
Oil and Gas Exploration and Production2.17%
Coal and Fuels0.61%
Integrated Oil and Gas0%
Industry PE
  • Investors are most optimistic about the Coal and Fuels industry which is trading above its 3-year average PE ratio.
    • Analysts are expecting annual earnings growth of 14.4%, which is higher than its past year's earnings decline of 56.2% per year.
Forecasted Growth
  • Analysts are most optimistic on the Oil and Gas Refining and Marketing industry, expecting annual earnings growth of 15% over the next 5 years.
  • In contrast, the Oil and Gas Storage and Transportation industry is expected to see its earnings decline by 29% 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
WDS Woodside Energy GroupAU$24.154.5%
+AU$2.0b
-23.1%PE15.4x
STO SantosAU$6.532.7%
+AU$550.7m
-14.9%PE10.5x
ALD AmpolAU$27.503.2%
+AU$202.6m
-24.1%PE9.3x
BPT Beach EnergyAU$1.394.5%
+AU$136.8m
-14.2%PS1.8x
VEA Viva Energy GroupAU$2.633.1%
+AU$127.1m
-24.6%PE25.9x
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.

Latest News

PDN

AU$7.55

Paladin Energy

7D

-3.3%

1Y

-23.4%

DYL

AU$1.12

Deep Yellow

7D

5.7%

1Y

2.3%

YAL

AU$6.42

Yancoal Australia

7D

1.1%

1Y

28.7%

AEE

AU$0.13

Aura Energy

7D

-7.1%

1Y

-49.0%

ALD

AU$27.50

Ampol

7D

3.2%

1Y

-24.1%

AEL

AU$0.19

Amplitude Energy

7D

-5.0%

1Y

52.0%

STO

AU$6.53

Santos

7D

2.7%

1Y

-14.9%

MCM

AU$0.13

MC Mining

7D

-13.8%

1Y

-16.7%

KKO

AU$0.068

Kinetiko Energy

7D

-6.8%

1Y

-13.9%