Narrative Update • Jul 10
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- 7D2.8%
- 3M4.3%
- 1Y30.7%
- YTD37.6%
The Oil and Gas industry is up 1.1% in the last week, with Cmb.Tech up 1.6%. This takes the industry's 12 month performance to a gain of 33%. In the next few years, earnings are forecast to decline by 11% annually.
Industry Valuation and Performance
Has the Belgian Oil and Gas Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 03 Aug 2026 | €7.1b | €2.7b | €562.1m | 14.1x | 12.6x | 2.6x |
| Wed, 01 Jul 2026 | €6.5b | €2.7b | €567.0m | 13.9x | 11.5x | 2.4x |
| Fri, 29 May 2026 | €7.0b | €2.7b | €557.3m | 14.4x | 12.5x | 2.6x |
| Sun, 26 Apr 2026 | €6.2b | €2.4b | €277.3m | 19.6x | 22.2x | 2.6x |
| Tue, 24 Mar 2026 | €6.1b | €2.4b | €348.9m | 19x | 17.4x | 2.5x |
| Thu, 19 Feb 2026 | €6.2b | €2.1b | €347.0m | 18.1x | 17.8x | 3x |
| Sat, 17 Jan 2026 | €5.7b | €2.1b | €351.9m | 17.9x | 16.3x | 2.7x |
| Mon, 15 Dec 2025 | €5.1b | €2.1b | €348.6m | 15.8x | 14.6x | 2.4x |
| Wed, 12 Nov 2025 | €5.2b | €1.9b | €419.5m | 11.5x | 12.4x | 2.7x |
| Fri, 10 Oct 2025 | €5.1b | €1.9b | €420.5m | 10.9x | 12.1x | 2.7x |
| Sun, 07 Sep 2025 | €5.1b | €1.8b | €423.4m | 10.7x | 12.1x | 2.8x |
| Tue, 05 Aug 2025 | €4.3b | €1.8b | €602.2m | 4.4x | 7.2x | 2.4x |
| Thu, 03 Jul 2025 | €4.3b | €1.8b | €591.8m | 4.4x | 7.3x | 2.4x |
| Sat, 31 May 2025 | €4.3b | €1.8b | €611.9m | 4.2x | 7x | 2.3x |
| Mon, 28 Apr 2025 | €4.4b | €1.8b | €1.0b | 4.1x | 4.3x | 2.4x |
| Wed, 26 Mar 2025 | €4.5b | €2.0b | €996.6m | 6.3x | 4.5x | 2.3x |
| Fri, 21 Feb 2025 | €4.4b | €2.0b | €1.3b | 6.1x | 3.3x | 2.1x |
| Sun, 19 Jan 2025 | €4.7b | €2.1b | €1.3b | 5.9x | 3.5x | 2.3x |
| Tue, 17 Dec 2024 | €4.0b | €2.0b | €1.3b | 6x | 3x | 2x |
| Thu, 14 Nov 2024 | €4.4b | €2.0b | €1.3b | 4.2x | 3.4x | 2.2x |
| Sat, 12 Oct 2024 | €5.2b | €2.1b | €1.3b | 4.8x | 4x | 2.5x |
| Mon, 09 Sep 2024 | €4.9b | €2.1b | €1.3b | 4.6x | 3.9x | 2.3x |
| Wed, 07 Aug 2024 | €5.2b | €2.3b | €1.2b | 6.6x | 4.2x | 2.3x |
| Fri, 05 Jul 2024 | €5.2b | €2.3b | €1.2b | 6.3x | 4.2x | 2.3x |
| Sun, 02 Jun 2024 | €5.5b | €2.3b | €1.2b | 6.2x | 4.5x | 2.4x |
| Tue, 30 Apr 2024 | €5.6b | €2.4b | €944.8m | 6.6x | 5.9x | 2.4x |
| Thu, 28 Mar 2024 | €5.6b | €2.8b | €940.2m | 6.7x | 6x | 2x |
| Sat, 24 Feb 2024 | €5.9b | €2.7b | €913.1m | 10.8x | 6.5x | 2.2x |
| Mon, 22 Jan 2024 | €5.9b | €2.8b | €746.2m | 11.3x | 7.9x | 2.1x |
| Wed, 20 Dec 2023 | €5.9b | €2.8b | €741.1m | 11.8x | 8x | 2.1x |
| Fri, 17 Nov 2023 | €6.0b | €2.8b | €749.9m | 10.9x | 8x | 2.1x |
| Sun, 15 Oct 2023 | €6.4b | €2.7b | €952.1m | 6.1x | 6.8x | 2.4x |
| Tue, 12 Sep 2023 | €6.0b | €2.7b | €940.2m | 5.3x | 6.4x | 2.2x |
| Thu, 10 Aug 2023 | €5.8b | €2.5b | €936.1m | 6x | 6.2x | 2.3x |
Price to Earnings Ratio
6.2x
Current Industry PE
- Investors are optimistic on the Belgian Oil and Gas industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 12.6x which is higher than its 3-year average PE of 8.5x.
- The 3-year average PS ratio of 2.4x is lower than the industry's current PS ratio of 2.6x.
Past Earnings Growth
- The earnings for companies in the Oil and Gas industry have declined 16% per year over the last three years.
- Meanwhile revenues have remained mostly flat.
- This means that although sales have remained flat, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.
Industry Trends
Which industries have driven the changes within the Belgian Energy industry?
| BE Market | 0.38% | |
| Energy | 2.80% | |
| Oil and Gas | 2.80% | |
| Oil and Gas Storage and Transportation | 3.10% | |
| Oil and Gas Refining and Marketing | 0% | 0 |
| Coal and Fuels | 0% | 0 |
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 of 7.5x.
- Analysts are expecting annual earnings decline of 11.1%, which is worse than the prior year's decline of 7.4%.
- 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 of 7.5x.
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 11% 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 7.4% per year.
- In contrast, the Oil and Gas Storage and Transportation industry is expected to see its earnings decline by 11% 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 | |
|---|---|---|---|---|---|
| CMBT Cmb.Tech | €14.08 | 1.6% +€63.8m | 81.0% | PE9.7x | |
| FLUX Fluxys Belgium | €20.30 | 1.5% +€21.1m | -1.0% | PE18.6x |