Market Cool On Cosan S.A.'s (BVMF:CSAN3) Revenues
Dec 03
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Brazilian (BOVESPA) Oil and Gas Industry Analysis
UpdatedDec 14, 2024
DataAggregated Company Financials
Companies7
- 7D-2.2%
- 3M0.2%
- 1Y0.06%
- YTD-5.4%
Over the last 7 days, the Oil and Gas industry has dropped 2.2%, driven by declines in Cosan and Ultrapar Participações of 5.2% and 4.6%, respectively. As for the longer term, the industry's performance has been flat for the past year. Earnings are forecast to grow by 17% annually.
Industry Valuation and Performance
Has the Brazilian Oil and Gas Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 14 Dec 2024 | R$601.1b | R$708.9b | R$94.4b | 7.3x | 6.4x | 0.8x |
| Mon, 11 Nov 2024 | R$577.3b | R$704.2b | R$94.3b | 7.9x | 6.1x | 0.8x |
| Wed, 09 Oct 2024 | R$608.3b | R$699.8b | R$89.1b | 8.1x | 6.8x | 0.9x |
| Fri, 06 Sep 2024 | R$627.5b | R$699.8b | R$89.1b | 9x | 7x | 0.9x |
| Sun, 04 Aug 2024 | R$583.0b | R$685.3b | R$118.9b | 9.4x | 4.9x | 0.9x |
| Tue, 02 Jul 2024 | R$620.6b | R$685.3b | R$119.4b | 9.1x | 5.2x | 0.9x |
| Thu, 30 May 2024 | R$606.6b | R$685.2b | R$119.7b | 9.9x | 5.1x | 0.9x |
| Sat, 27 Apr 2024 | R$706.9b | R$925.9b | R$137.5b | 9.3x | 5.1x | 0.8x |
| Mon, 25 Mar 2024 | R$629.0b | R$927.1b | R$136.0b | 9x | 4.6x | 0.7x |
| Wed, 21 Feb 2024 | R$728.1b | R$950.8b | R$147.3b | 9.2x | 4.9x | 0.8x |
| Fri, 19 Jan 2024 | R$658.9b | R$953.1b | R$146.7b | 9.7x | 4.5x | 0.7x |
| Sun, 17 Dec 2023 | R$632.9b | R$953.1b | R$146.7b | 9.9x | 4.3x | 0.7x |
| Tue, 14 Nov 2023 | R$640.4b | R$973.7b | R$146.3b | 10x | 4.4x | 0.7x |
| Thu, 12 Oct 2023 | R$629.9b | R$1.0t | R$164.8b | 13.1x | 3.8x | 0.6x |
| Sat, 09 Sep 2023 | R$610.2b | R$1.0t | R$164.8b | 12.1x | 3.7x | 0.6x |
| Mon, 07 Aug 2023 | R$572.6b | R$1.0t | R$164.8b | 10.7x | 3.5x | 0.6x |
| Wed, 05 Jul 2023 | R$569.0b | R$1.1t | R$190.4b | 9.2x | 3x | 0.5x |
| Fri, 02 Jun 2023 | R$492.2b | R$1.1t | R$190.4b | 8.2x | 2.6x | 0.5x |
| Sun, 30 Apr 2023 | R$453.7b | R$1.1t | R$195.6b | 9.5x | 2.3x | 0.4x |
| Tue, 28 Mar 2023 | R$434.1b | R$1.1t | R$195.3b | 8.8x | 2.2x | 0.4x |
| Thu, 23 Feb 2023 | R$488.1b | R$1.0t | R$183.9b | 10.1x | 2.7x | 0.5x |
| Sat, 21 Jan 2023 | R$508.1b | R$1.0t | R$184.7b | 12.9x | 2.8x | 0.5x |
| Mon, 19 Dec 2022 | R$434.3b | R$1.0t | R$184.7b | 11.5x | 2.4x | 0.4x |
| Wed, 16 Nov 2022 | R$536.8b | R$1.0t | R$184.4b | 15.2x | 2.9x | 0.5x |
| Fri, 14 Oct 2022 | R$608.4b | R$964.9b | R$174.4b | 10x | 3.5x | 0.6x |
| Sun, 11 Sep 2022 | R$582.0b | R$964.9b | R$174.4b | 8.8x | 3.3x | 0.6x |
| Tue, 09 Aug 2022 | R$642.7b | R$931.3b | R$175.8b | 7x | 3.7x | 0.7x |
| Thu, 07 Jul 2022 | R$492.9b | R$859.7b | R$163.8b | 5.4x | 3x | 0.6x |
| Sat, 04 Jun 2022 | R$571.8b | R$859.7b | R$163.8b | 7x | 3.5x | 0.7x |
| Mon, 02 May 2022 | R$588.0b | R$762.0b | R$119.6b | 16.2x | 4.9x | 0.8x |
| Wed, 30 Mar 2022 | R$616.9b | R$761.9b | R$119.6b | 11.6x | 5.2x | 0.8x |
| Fri, 25 Feb 2022 | R$604.4b | R$648.9b | R$147.6b | 11x | 4.1x | 0.9x |
| Sun, 23 Jan 2022 | R$592.3b | R$614.7b | R$145.6b | 12.2x | 4.1x | 1x |
| Tue, 21 Dec 2021 | R$528.1b | R$614.7b | R$145.6b | 10.5x | 3.6x | 0.9x |
Price to Earnings Ratio
3.6x
Current Industry PE
- Investors are optimistic on the Brazilian Oil and Gas industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 6.4x which is higher than its 3-year average PE of 4.1x.
- The industry is trading close to its 3-year average PS ratio of 0.68x.
Past Earnings Growth
- The earnings for companies in the Oil and Gas industry have declined 13% per year over the last three years.
- Meanwhile revenues for these companies have grown 4.9% per year.
- This means that although more sales are being generated, 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 Brazilian Energy industry?
| BR Market | -1.38% | |
| Energy | -2.19% | |
| Oil and Gas | -2.19% | |
| Oil and Gas Exploration and Production | 2.10% | |
| Coal and Fuels | 0% | |
| Integrated Oil and Gas | -2.38% | |
| Oil and Gas Storage and Transportation | -4.58% | |
| Oil and Gas Refining and Marketing | -5.19% | |
Industry PE
- Investors are most optimistic about the Oil and Gas Refining and Marketing industry even though it's trading below its 3-year average PE ratio of 41.0x.
- Analysts are expecting annual earnings growth of 34.2% and investors are willing to pay a premium for that growth.
- Investors are most pessimistic about the Integrated Oil and Gas industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 3.4x.
Forecasted Growth
- Analysts are most optimistic on the Oil and Gas Exploration and Production industry, expecting annual earnings growth of 37% over the next 5 years.
- This is better than its past earnings decline of 14% per year.
- In contrast, the Oil and Gas Storage and Transportation industry is expected to see its earnings growth to stay flat 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 | |
|---|---|---|---|---|---|
| PRIO3 Prio | R$41.50 | 4.5% +R$1.5b | -10.3% | PE7.1x | |
| RECV3 Petroreconcavo | R$16.06 | 1.1% +R$52.8m | -20.8% | PE8x |