Have your own idea? Try our Stock Screener
Chinese (SSE) Oil and Gas Services Industry Analysis
UpdatedMay 18, 2026
DataAggregated Company Financials
Companies26
- 7D-3.3%
- 3M13.3%
- 1Y87.2%
- YTDn/a
Over the last 7 days, the Oil and Gas Services industry has dropped 3.3%, driven by a pullback from Yantai Jereh Oilfield Services Group of 5.8%. Meanwhile, Nanjing Develop Advanced Manufacturing actually outperformed within the industry, gaining 15% in the last week. Over the past 12 months, the industry was up 87%. Looking forward, earnings are forecast to grow by 26% annually.
Industry Valuation and Performance
Has the Chinese Oil and Gas Services Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 18 May 2026 | CN¥384.1b | CN¥234.8b | CN¥9.9b | 57.4x | 38.7x | 1.6x |
| Wed, 15 Apr 2026 | CN¥387.7b | CN¥261.9b | CN¥10.6b | 65.8x | 36.7x | 1.5x |
| Fri, 13 Mar 2026 | CN¥401.9b | CN¥258.0b | CN¥10.6b | 61.9x | 37.9x | 1.6x |
| Sun, 08 Feb 2026 | CN¥355.2b | CN¥257.9b | CN¥10.5b | 51.7x | 33.7x | 1.4x |
| Tue, 06 Jan 2026 | CN¥312.0b | CN¥257.9b | CN¥10.5b | 51.6x | 29.6x | 1.2x |
| Thu, 04 Dec 2025 | CN¥295.8b | CN¥257.9b | CN¥10.5b | 52.8x | 28.1x | 1.1x |
| Sat, 01 Nov 2025 | CN¥283.9b | CN¥257.9b | CN¥10.5b | 49.2x | 27x | 1.1x |
| Mon, 29 Sep 2025 | CN¥282.0b | CN¥257.3b | CN¥10.8b | 43.6x | 26.1x | 1.1x |
| Wed, 27 Aug 2025 | CN¥280.9b | CN¥257.1b | CN¥11.1b | 41.9x | 25.2x | 1.1x |
| Fri, 25 Jul 2025 | CN¥259.8b | CN¥256.6b | CN¥11.6b | 38.9x | 22.4x | 1x |
| Sun, 22 Jun 2025 | CN¥248.1b | CN¥256.6b | CN¥11.6b | 35.9x | 21.4x | 1x |
| Tue, 20 May 2025 | CN¥232.6b | CN¥256.6b | CN¥11.6b | 37.5x | 20.1x | 0.9x |
| Thu, 17 Apr 2025 | CN¥220.7b | CN¥255.0b | CN¥12.4b | 28.3x | 17.8x | 0.9x |
| Sat, 15 Mar 2025 | CN¥239.0b | CN¥245.6b | CN¥11.9b | 29.4x | 20.2x | 1x |
| Mon, 10 Feb 2025 | CN¥239.7b | CN¥245.6b | CN¥11.8b | 32x | 20.2x | 1x |
| Wed, 08 Jan 2025 | CN¥236.2b | CN¥245.6b | CN¥11.8b | 30x | 20x | 1x |
| Fri, 06 Dec 2024 | CN¥248.6b | CN¥245.6b | CN¥11.8b | 31.9x | 21x | 1x |
| Sun, 03 Nov 2024 | CN¥249.8b | CN¥245.5b | CN¥11.8b | 30.6x | 21.2x | 1x |
| Tue, 01 Oct 2024 | CN¥233.6b | CN¥242.9b | CN¥11.8b | 24x | 19.8x | 1x |
| Thu, 29 Aug 2024 | CN¥196.8b | CN¥242.4b | CN¥11.7b | 19.7x | 16.8x | 0.8x |
| Sat, 27 Jul 2024 | CN¥195.7b | CN¥243.1b | CN¥11.5b | 20.2x | 17x | 0.8x |
| Mon, 24 Jun 2024 | CN¥210.5b | CN¥243.1b | CN¥11.4b | 21.1x | 18.4x | 0.9x |
| Wed, 22 May 2024 | CN¥224.9b | CN¥243.1b | CN¥11.4b | 24.4x | 19.7x | 0.9x |
| Fri, 19 Apr 2024 | CN¥222.4b | CN¥241.5b | CN¥11.1b | 22.3x | 20.1x | 0.9x |
| Sun, 17 Mar 2024 | CN¥213.8b | CN¥239.4b | CN¥11.0b | 23.2x | 19.4x | 0.9x |
| Tue, 13 Feb 2024 | CN¥191.0b | CN¥243.0b | CN¥11.2b | 19.8x | 17x | 0.8x |
| Thu, 11 Jan 2024 | CN¥203.6b | CN¥242.2b | CN¥10.1b | 26.1x | 20.2x | 0.8x |
| Sat, 09 Dec 2023 | CN¥204.8b | CN¥242.2b | CN¥10.1b | 26.6x | 20.3x | 0.8x |
| Mon, 06 Nov 2023 | CN¥214.8b | CN¥240.0b | CN¥10.0b | 28.2x | 21.5x | 0.9x |
| Wed, 04 Oct 2023 | CN¥230.2b | CN¥239.0b | CN¥9.8b | 28.4x | 23.6x | 1x |
| Fri, 01 Sep 2023 | CN¥216.0b | CN¥238.1b | CN¥9.8b | 26.8x | 22.1x | 0.9x |
| Sun, 30 Jul 2023 | CN¥225.4b | CN¥238.6b | CN¥9.7b | 31.1x | 23.3x | 0.9x |
| Tue, 27 Jun 2023 | CN¥206.2b | CN¥239.1b | CN¥9.8b | 28.8x | 21.1x | 0.9x |
| Thu, 25 May 2023 | CN¥215.2b | CN¥239.2b | CN¥9.8b | 30.9x | 22x | 0.9x |
Price to Earnings Ratio
22x
Current Industry PE
- Investors are optimistic on the Chinese Oil and Gas Equipment and Services industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 38.7x which is higher than its 3-year average PE of 23.0x.
- The 3-year average PS ratio of 1.0x is lower than the industry's current PS ratio of 1.6x.
Past Earnings Growth
- Both revenue and earnings for companies in the Oil and Gas Equipment and Services industry have remained mostly flat over the last three years.
- This means that sales and the cost of doing business have remained relatively consistent over this period and subsequently, so have profits.
Industry Comparison
How does Chinese Oil and Gas Services compare with similar industries?
| CN Market | -0.83% | |
| Energy | -2.32% | |
| Energy Services | -3.31% | |
| Oil and Gas Services | -3.31% | |
| Oil and Gas Drilling | -4.37% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 600339 China Petroleum Engineering | CN¥4.21 | 7.1% +CN¥1.6b | 34.5% | PE63.1x | |
| 688377 Nanjing Develop Advanced Manufacturing | CN¥44.55 | 18.1% +CN¥1.3b | 126.5% | PE75.1x | |
| 300191 Sino Geophysical | CN¥39.75 | 8.0% +CN¥937.6m | 145.2% | PE183.8x | |
| 600968 CNOOC Energy Technology & Services | CN¥4.23 | 1.2% +CN¥508.3m | 7.6% | PE10.9x | |
| 603619 Zhongman Petroleum and Natural Gas GroupLtd | CN¥30.25 | 3.8% +CN¥504.2m | 76.8% | PE44.5x |