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Belgian (BEL20) Oil and Gas Industry Analysis

UpdatedApr 26, 2024
DataAggregated Company Financials
Companies5
  • 7D1.1%
  • 3M-4.4%
  • 1Y-15.2%
  • YTD-4.8%

The Oil and Gas industry has stayed flat over the last week. Unfortunately though, the industry is down 14% over the past 12 months. Looking forward, earnings are forecast to decline by 42% per year.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 26 Apr 2024€5.5b€2.4b€944.4m6.5x5.9x2.4x
Sun, 24 Mar 2024€5.6b€2.7b€914.3m10.5x6.1x2.1x
Tue, 20 Feb 2024€5.8b€2.7b€916.4m10.9x6.3x2.1x
Thu, 18 Jan 2024€6.0b€2.8b€747.0m11.1x8x2.1x
Sat, 16 Dec 2023€5.9b€2.8b€745.7m11.7x8x2.1x
Mon, 13 Nov 2023€6.2b€2.7b€1.0b5.3x6x2.3x
Wed, 11 Oct 2023€6.4b€2.7b€944.8m6.1x6.7x2.4x
Fri, 08 Sep 2023€6.0b€2.6b€958.0m5.3x6.3x2.3x
Sun, 06 Aug 2023€5.7b€2.5b€933.9m5.9x6.1x2.3x
Tue, 04 Jul 2023€5.4b€2.4b€787.6m7.4x6.8x2.3x
Thu, 01 Jun 2023€5.5b€2.4b€805.3m7.6x6.8x2.3x
Sat, 29 Apr 2023€5.9b€2.1b€558.0m17x10.6x2.8x
Mon, 27 Mar 2023€5.6b€1.6b€256.3m21x21.9x3.5x
Wed, 22 Feb 2023€5.6b€1.6b€257.9m21.3x21.7x3.5x
Fri, 20 Jan 2023€5.4b€1.4b-€28,524,380.0026x-187.7x3.9x
Sun, 18 Dec 2022€5.9b€1.4b-€30,578,945.0025.5x-194.5x4.3x
Tue, 15 Nov 2022€6.3b€1.4b-€33,360,688.0025.9x-189x4.5x
Thu, 13 Oct 2022€5.6b€1.3b-€166,790,624.0024.9x-33.5x4.3x
Sat, 10 Sep 2022€6.3b€1.2b-€143,860,948.0057.7x-43.5x5.1x
Mon, 08 Aug 2022€5.3b€1.2b-€141,349,950.0040.5x-37.7x4.4x
Wed, 06 Jul 2022€4.7b€1.2b-€222,224,640.0037.1x-21.2x4.1x
Fri, 03 Jun 2022€4.9b€1.1b-€210,816,293.0042.1x-23.4x4.3x
Sun, 01 May 2022€4.6b€1.1b-€234,937,255.0026.6x-19.7x4.1x
Tue, 29 Mar 2022€4.3b€1.1b-€223,493,938.0030.4x-19.4x4x
Thu, 24 Feb 2022€4.2b€1.2b-€117,453,042.0015.2x-36x3.6x
Sat, 22 Jan 2022€4.0b€1.2b-€104,773,534.0016.2x-38.5x3.3x
Mon, 20 Dec 2021€4.0b€1.2b-€105,833,642.0015.8x-37.6x3.3x
Wed, 17 Nov 2021€4.3b€1.2b-€103,489,171.0016x-41.2x3.5x
Fri, 15 Oct 2021€4.3b€1.3b€29.7m16.2x144.3x3.2x
Sun, 12 Sep 2021€3.8b€1.3b€29.0m15.8x131x2.8x
Tue, 10 Aug 2021€3.8b€1.3b€29.0m16x129.7x2.8x
Mon, 03 May 2021€4.0b€1.6b€285.9m9.6x14.1x2.5x
Price to Earnings Ratio

14.1x


Total Market Cap: €4.0bTotal Earnings: €285.9mTotal Revenue: €1.6bTotal Market Cap vs Earnings and Revenue0%0%0%
Belgian Oil and Gas Industry Price to Earnings3Y Average -5.6x202220232024
Current Industry PE
  • Investors are pessimistic on the Belgian Oil and Gas 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 5.9x which is higher than its 3-year average PE of -5.6x.
  • The 3-year average PS ratio of 3.2x is higher than the industry's current PS ratio of 2.4x.
Past Earnings Growth
  • The earnings for companies in the Oil and Gas industry have grown 49% per year over the last three years.
  • Revenues for these companies have grown 14% 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 Belgian Energy industry?

BE Market1.33%
Energy1.10%
Oil and Gas1.10%
Oil and Gas Storage and Transportation1.25%
Integrated Oil and Gas0%
Oil and Gas Exploration and Production0%
Oil and Gas Refining and Marketing0%
Coal and Fuels0%
Industry PE
  • Investors are most optimistic about the Oil and Gas Storage and Transportation industry which is trading above its 3-year average PE ratio.
    • Analysts are expecting annual earnings decline of 41.8%, which is worse than the prior year's decline of 7.5%.
  • Investors are most pessimistic about the Oil and Gas Storage and Transportation industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average.
Forecasted Growth
  • Despite it being negative, analysts are least pessimistic on the Oil and Gas Storage and Transportation industry since they expect its earnings to decline by only 42% per year over the next 5 years, which isn't as bad as the other industries.
  • This is even lower than its past earnings decline of 7.5% per year.
  • In contrast, the Oil and Gas Storage and Transportation industry is expected to see its earnings decline by 42% 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
EURN Euronav€15.521.7%
+€50.5m
0.6%PE3.8x
FLUX Fluxys Belgium€20.400.5%
+€7.0m
-31.1%PE18.5x
EXM Exmar€7.600.7%
+€2.9m
-35.8%PE6.5x
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