Narrative Update • Aug 18
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- 7D-1.0%
- 3M4.1%
- 1Y16.8%
- YTD25.8%
Last week, the Oil and Gas industry hasn't moved much but Whitehaven Coal is up 5.7% in that time. The past year has been better, since the industry has gained 17% in that time. As for the next few years, earnings are expected to grow by 5.6% per annum.
Industry Valuation and Performance
Has the Australian Oil and Gas Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 01 Sep 2026 | AU$144.3b | AU$110.6b | AU$7.4b | 15.7x | 19.6x | 1.3x |
| Thu, 30 Jul 2026 | AU$137.5b | AU$102.8b | AU$5.2b | 15x | 26.5x | 1.3x |
| Sat, 27 Jun 2026 | AU$123.2b | AU$103.0b | AU$5.2b | 14x | 23.7x | 1.2x |
| Mon, 25 May 2026 | AU$141.2b | AU$102.1b | AU$5.0b | 16.1x | 28.1x | 1.4x |
| Wed, 22 Apr 2026 | AU$138.9b | AU$102.0b | AU$5.0b | 17.4x | 28x | 1.4x |
| Fri, 20 Mar 2026 | AU$146.2b | AU$102.4b | AU$5.1b | 16.6x | 28.4x | 1.4x |
| Sun, 15 Feb 2026 | AU$121.6b | AU$108.2b | AU$6.4b | 14.9x | 19x | 1.1x |
| Tue, 13 Jan 2026 | AU$114.3b | AU$109.7b | AU$6.7b | 13.3x | 16.9x | 1x |
| Thu, 11 Dec 2025 | AU$114.4b | AU$110.0b | AU$6.8b | 13.2x | 16.8x | 1x |
| Sat, 08 Nov 2025 | AU$115.6b | AU$110.7b | AU$7.0b | 13x | 16.6x | 1x |
| Mon, 06 Oct 2025 | AU$110.9b | AU$110.2b | AU$6.9b | 13.6x | 16.1x | 1x |
| Wed, 03 Sep 2025 | AU$120.4b | AU$110.8b | AU$7.2b | 14.7x | 16.6x | 1.1x |
| Fri, 01 Aug 2025 | AU$119.3b | AU$112.8b | AU$9.1b | 15.7x | 13.1x | 1.1x |
| Sun, 29 Jun 2025 | AU$112.9b | AU$112.4b | AU$9.0b | 14.1x | 12.6x | 1x |
| Tue, 27 May 2025 | AU$101.6b | AU$112.4b | AU$9.0b | 13.4x | 11.3x | 0.9x |
| Thu, 24 Apr 2025 | AU$93.7b | AU$112.8b | AU$9.1b | 13.2x | 10.3x | 0.8x |
| Sat, 22 Mar 2025 | AU$104.8b | AU$113.4b | AU$9.3b | 15.5x | 11.3x | 0.9x |
| Mon, 17 Feb 2025 | AU$113.7b | AU$111.5b | AU$6.9b | 13.1x | 16.5x | 1x |
| Wed, 15 Jan 2025 | AU$119.4b | AU$112.3b | AU$6.5b | 12.4x | 18.4x | 1.1x |
| Fri, 13 Dec 2024 | AU$111.2b | AU$111.2b | AU$6.3b | 12.1x | 17.6x | 1x |
| Sun, 10 Nov 2024 | AU$113.5b | AU$110.4b | AU$6.2b | 11.5x | 18.4x | 1x |
| Tue, 08 Oct 2024 | AU$123.4b | AU$109.6b | AU$6.0b | 12.7x | 20.5x | 1.1x |
| Thu, 05 Sep 2024 | AU$116.4b | AU$110.2b | AU$6.2b | 11x | 18.8x | 1.1x |
| Sat, 03 Aug 2024 | AU$128.7b | AU$113.2b | AU$7.5b | 7.5x | 17.1x | 1.1x |
| Mon, 01 Jul 2024 | AU$130.4b | AU$112.5b | AU$7.4b | 6.7x | 17.6x | 1.2x |
| Wed, 29 May 2024 | AU$133.8b | AU$112.4b | AU$7.4b | 8x | 18.1x | 1.2x |
| Fri, 26 Apr 2024 | AU$132.5b | AU$113.2b | AU$7.5b | 7.1x | 17.6x | 1.2x |
| Sun, 24 Mar 2024 | AU$133.4b | AU$113.2b | AU$7.5b | 6.3x | 17.8x | 1.2x |
| Tue, 20 Feb 2024 | AU$135.1b | AU$125.0b | AU$17.8b | 6.3x | 7.6x | 1.1x |
| Thu, 18 Jan 2024 | AU$138.1b | AU$128.9b | AU$19.4b | 5.8x | 7.1x | 1.1x |
| Sat, 16 Dec 2023 | AU$133.5b | AU$128.0b | AU$19.1b | 5.9x | 7x | 1x |
| Mon, 13 Nov 2023 | AU$132.2b | AU$130.1b | AU$19.8b | 5.2x | 6.7x | 1x |
| Wed, 11 Oct 2023 | AU$142.1b | AU$129.9b | AU$19.7b | 5.8x | 7.2x | 1.1x |
| Fri, 08 Sep 2023 | AU$146.4b | AU$130.4b | AU$19.9b | 5.2x | 7.3x | 1.1x |
Price to Earnings Ratio
7.3x
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 19.6x which is higher than its 3-year average PE of 16.5x.
- The 3-year average PS ratio of 1.1x is lower than the industry's current PS ratio of 1.3x.
Past Earnings Growth
- The earnings for companies in the Oil and Gas industry have declined 28% per year over the last three years,
- Revenues have also declined 5.3% per year.
- This means overall sales from these companies are declining and profits are subsequently falling as well.
Industry Trends
Which industries have driven the changes within the Australian Energy industry?
| AU Market | -0.43% | |
| Energy | -0.97% | |
| Oil and Gas | -0.97% | |
| Oil and Gas Refining and Marketing | 3.67% | |
| Coal and Fuels | 1.91% | |
| Oil and Gas Storage and Transportation | 0% | 0 |
| Oil and Gas Exploration and Production | -2.53% | |
Industry PE
- Investors are most optimistic about the Coal and Fuels industry which is trading above its 3-year average PE ratio of 19.9x.
- Analysts are expecting annual earnings growth of 17.7%, which is higher than its past year's earnings decline of 69.3% per year.
Forecasted Growth
- Analysts are most optimistic on the Oil and Gas Storage and Transportation industry, expecting annual earnings growth of 91% over the next 5 years.
- In contrast, the Oil and Gas Refining and Marketing industry is expected to see its earnings decline by 20% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| WHC Whitehaven Coal | AU$8.55 | 5.7% +AU$378.3m | 26.7% | PE18.3x | |
| ALD Ampol | AU$43.06 | 3.6% +AU$355.1m | 44.7% | PE7x | |
| YAL Yancoal Australia | AU$6.18 | 3.7% +AU$290.5m | 11.4% | PE27.8x | |
| VEA Viva Energy Group | AU$2.96 | 3.9% +AU$180.4m | 36.4% | PE21.5x | |
| NHC New Hope | AU$6.03 | 2.2% +AU$109.6m | 33.4% | PE33.2x |