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Australian (ASX) Oil and Gas Industry Analysis

UpdatedAug 11, 2025
DataAggregated Company Financials
Companies103
  • 7D2.1%
  • 3M21.5%
  • 1Y-6.9%
  • YTD4.4%

In the last week, the Oil and Gas industry is up 2.1%, with Woodside Energy Group up 3.2%. In the same time, Energy Resources of Australia was down 20%. In the past year, the industry is down 6.9%. Looking forward, earnings are forecast to grow by 3.7% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 12 Aug 2025AU$121.4bAU$112.6bAU$9.0b14.9x13.5x1.1x
Thu, 10 Jul 2025AU$114.7bAU$112.4bAU$9.0b14.9x12.8x1x
Sat, 07 Jun 2025AU$105.5bAU$112.5bAU$9.0b13.4x11.7x0.9x
Mon, 05 May 2025AU$96.8bAU$112.6bAU$9.1b13.3x10.6x0.9x
Wed, 02 Apr 2025AU$104.8bAU$113.6bAU$9.3b15.7x11.2x0.9x
Fri, 28 Feb 2025AU$110.3bAU$113.3bAU$9.4b10.9x11.7x1x
Sun, 26 Jan 2025AU$117.4bAU$111.7bAU$6.4b13x18.4x1.1x
Tue, 24 Dec 2024AU$110.5bAU$112.0bAU$6.4b12.1x17.1x1x
Thu, 21 Nov 2024AU$112.8bAU$110.8bAU$6.2b12.7x18.1x1x
Sat, 19 Oct 2024AU$116.6bAU$109.9bAU$6.1b11.9x19.2x1.1x
Mon, 16 Sep 2024AU$111.6bAU$110.2bAU$6.2b9.8x18x1x
Wed, 14 Aug 2024AU$123.1bAU$112.8bAU$7.1b7.5x17.3x1.1x
Fri, 12 Jul 2024AU$134.9bAU$112.1bAU$7.4b6.3x18.4x1.2x
Sun, 09 Jun 2024AU$130.6bAU$112.8bAU$7.5b8.9x17.5x1.2x
Tue, 07 May 2024AU$131.1bAU$112.6bAU$7.4b6.9x17.6x1.2x
Thu, 04 Apr 2024AU$137.9bAU$113.1bAU$7.5b6.5x18.3x1.2x
Sat, 02 Mar 2024AU$134.7bAU$113.6bAU$7.9b8.8x17.1x1.2x
Mon, 29 Jan 2024AU$139.7bAU$128.8bAU$19.3b6x7.2x1.1x
Wed, 27 Dec 2023AU$135.2bAU$127.5bAU$18.9b5.6x7.1x1.1x
Fri, 24 Nov 2023AU$131.4bAU$128.9bAU$19.3b4.8x6.8x1x
Sun, 22 Oct 2023AU$145.3bAU$130.5bAU$19.9b5.9x7.3x1.1x
Tue, 19 Sep 2023AU$146.8bAU$130.0bAU$19.9b5x7.4x1.1x
Thu, 17 Aug 2023AU$145.6bAU$127.7bAU$22.6b6.3x6.4x1.1x
Sat, 15 Jul 2023AU$139.0bAU$126.2bAU$22.6b6.3x6.1x1.1x
Mon, 12 Jun 2023AU$134.6bAU$127.0bAU$22.9b6.5x5.9x1.1x
Wed, 10 May 2023AU$145.7bAU$128.8bAU$23.9b6.7x6.1x1.1x
Fri, 07 Apr 2023AU$146.9bAU$129.2bAU$24.1b7.2x6.1x1.1x
Sun, 05 Mar 2023AU$158.3bAU$132.9bAU$23.5b7.3x6.7x1.2x
Tue, 31 Jan 2023AU$158.5bAU$98.1bAU$13.7b7.4x11.5x1.6x
Thu, 29 Dec 2022AU$158.8bAU$99.3bAU$14.0b7.4x11.3x1.6x
Sat, 26 Nov 2022AU$158.4bAU$99.4bAU$14.1b6.7x11.3x1.6x
Mon, 24 Oct 2022AU$158.5bAU$101.2bAU$14.6b7.1x10.9x1.6x
Wed, 21 Sep 2022AU$151.0bAU$99.0bAU$13.8b7.4x10.9x1.5x
Fri, 19 Aug 2022AU$142.4bAU$73.5bAU$6.1b9.1x23.3x1.9x
Price to Earnings Ratio

23.3x


Total Market Cap: AU$142.4bTotal Earnings: AU$6.1bTotal Revenue: AU$73.5bTotal Market Cap vs Earnings and Revenue0%0%0%
Australian Oil and Gas Industry Price to Earnings3Y Average 12.1x202320242025
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 13.5x which is higher than its 3-year average PE of 12.2x.
  • The industry is trading close to its 3-year average PS ratio of 1.2x.
Past Earnings Growth
  • The earnings for companies in the Oil and Gas industry have grown 22% per year over the last three years.
  • Revenues for these companies have grown 17% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

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

AU Market1.77%
Energy2.08%
Oil and Gas2.08%
Coal and Fuels5.76%
Oil and Gas Exploration and Production1.37%
Oil and Gas Refining and Marketing-0.93%
Oil and Gas Storage and Transportation-4.76%
Industry PE
  • Investors are most optimistic about the Oil and Gas Refining and Marketing industry which is trading above its 3-year average PE ratio of 85.6x.
    • Analysts are expecting annual earnings growth of 34.3%, which is higher than its past year's earnings decline of 77.7% per year.
Forecasted Growth
  • Analysts are most optimistic on the Oil and Gas Storage and Transportation industry, expecting annual earnings growth of 64% over the next 5 years.
  • In contrast, the Oil and Gas Exploration and Production industry is expected to see its earnings decline by 2.2% 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$27.023.2%
+AU$1.6b
6.3%PE9.4x
YAL Yancoal AustraliaAU$6.665.9%
+AU$488.6m
-6.9%PE7.2x
WHC Whitehaven CoalAU$7.048.3%
+AU$449.5m
-9.2%PE33.7x
BPT Beach EnergyAU$1.3111.0%
+AU$296.4m
5.2%PS1.4x
NHC New HopeAU$4.568.1%
+AU$286.4m
-9.0%PE6.8x

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