Additional Considerations Required While Assessing Gulf Marine Services' (LON:GMS) Strong Earnings
Apr 25
U.K. (FTSE) Oil and Gas Services Industry Analysis
UpdatedApr 26, 2024
DataAggregated Company Financials
Companies9
- 7D-1.4%
- 3M-1.6%
- 1Y-6.0%
- YTDn/a
Over the last 7 days, the Oil and Gas Services industry has dropped 1.4%, driven by a pullback from John Wood Group of 2.0%. Overall the industry is down 6.0% in 12 months. Earnings are forecast to grow by 46% annually.
Industry Valuation and Performance
Has the U.K. Oil and Gas Services Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 27 Apr 2024 | UK£1.9b | UK£5.7b | UK£5.0m | 7.1x | 372.6x | 0.3x |
| Mon, 25 Mar 2024 | UK£1.7b | UK£5.6b | -UK£517,048,868.65 | 12.6x | -3.4x | 0.3x |
| Wed, 21 Feb 2024 | UK£1.7b | UK£5.5b | -UK£594,346,252.85 | 25.1x | -2.9x | 0.3x |
| Fri, 19 Jan 2024 | UK£1.9b | UK£5.8b | -UK£663,405,184.00 | 24.7x | -2.8x | 0.3x |
| Sun, 17 Dec 2023 | UK£1.7b | UK£5.8b | -UK£664,498,748.00 | 21.4x | -2.6x | 0.3x |
| Tue, 14 Nov 2023 | UK£1.7b | UK£6.0b | -UK£688,440,991.00 | 21.5x | -2.4x | 0.3x |
| Thu, 12 Oct 2023 | UK£1.8b | UK£6.0b | -UK£686,705,699.00 | 22.8x | -2.5x | 0.3x |
| Sat, 09 Sep 2023 | UK£1.7b | UK£5.9b | -UK£671,769,024.00 | 19.3x | -2.5x | 0.3x |
| Mon, 07 Aug 2023 | UK£2.1b | UK£7.4b | -UK£867,609,721.00 | 4.3x | -2.5x | 0.3x |
| Wed, 05 Jul 2023 | UK£1.9b | UK£7.4b | -UK£869,289,087.00 | 3.2x | -2.1x | 0.3x |
| Fri, 02 Jun 2023 | UK£1.8b | UK£7.5b | -UK£882,177,770.00 | 2.5x | -2.1x | 0.2x |
| Sun, 30 Apr 2023 | UK£2.5b | UK£7.6b | -UK£728,800,501.00 | 2.4x | -3.4x | 0.3x |
| Tue, 28 Mar 2023 | UK£2.2b | UK£8.5b | -UK£230,695,800.00 | 1.3x | -9.4x | 0.3x |
| Thu, 23 Feb 2023 | UK£2.1b | UK£8.5b | -UK£278,102,143.00 | 1.4x | -7.7x | 0.2x |
| Sat, 21 Jan 2023 | UK£2.2b | UK£8.3b | -UK£273,262,635.00 | 1.4x | -7.9x | 0.3x |
| Mon, 19 Dec 2022 | UK£1.9b | UK£8.5b | -UK£276,510,046.00 | 1.3x | -6.9x | 0.2x |
| Wed, 16 Nov 2022 | UK£2.4b | UK£8.7b | -UK£278,030,327.00 | 1.6x | -8.7x | 0.3x |
| Fri, 14 Oct 2022 | UK£8.5b | UK£9.1b | -UK£288,712,813.00 | 1.5x | -29.3x | 0.9x |
| Sun, 11 Sep 2022 | UK£2.2b | UK£8.9b | -UK£288,726,361.00 | 2.4x | -7.7x | 0.3x |
| Tue, 09 Aug 2022 | UK£2.2b | UK£8.7b | -UK£392,060,409.00 | 2.4x | -5.7x | 0.3x |
| Thu, 07 Jul 2022 | UK£2.0b | UK£8.9b | -UK£399,161,621.00 | 2.3x | -5.1x | 0.2x |
| Sat, 04 Jun 2022 | UK£3.1b | UK£8.4b | -UK£378,008,711.00 | 2.9x | -8.3x | 0.4x |
| Mon, 02 May 2022 | UK£3.0b | UK£8.4b | -UK£477,620,449.00 | n/a | -6.3x | 0.4x |
| Wed, 30 Mar 2022 | UK£2.5b | UK£8.6b | -UK£518,024,084.00 | n/a | -4.8x | 0.3x |
| Fri, 25 Feb 2022 | UK£2.5b | UK£8.4b | -UK£488,394,998.00 | n/a | -5.2x | 0.3x |
| Sun, 23 Jan 2022 | UK£3.0b | UK£8.3b | -UK£481,418,038.00 | n/a | -6.3x | 0.4x |
| Tue, 21 Dec 2021 | UK£2.4b | UK£8.5b | -UK£507,291,074.00 | n/a | -4.8x | 0.3x |
| Thu, 18 Nov 2021 | UK£2.8b | UK£8.4b | -UK£497,500,544.00 | n/a | -5.5x | 0.3x |
| Sat, 16 Oct 2021 | UK£2.7b | UK£8.5b | -UK£480,627,129.00 | n/a | -5.6x | 0.3x |
| Mon, 13 Sep 2021 | UK£2.5b | UK£8.5b | -UK£502,903,754.92 | n/a | -5.1x | 0.3x |
| Wed, 11 Aug 2021 | UK£2.6b | UK£8.8b | -UK£530,321,767.93 | n/a | -4.9x | 0.3x |
| Sun, 06 Jun 2021 | UK£2.9b | UK£9.2b | -UK£595,846,054.93 | n/a | -4.9x | 0.3x |
Price to Earnings Ratio
-5.3x
Current Industry PE
- Investors are optimistic on the British Oil and Gas Equipment and Services industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 373x which is higher than its 3-year average PE of 0.64x.
- The industry is trading close to its 3-year average PS ratio of 0.30x.
Past Earnings Growth
- Total earnings for the Oil and Gas Equipment and Services industry have gone up over the last three years and the industry is now profitable.
- Revenues have declined 15% per year.
- This means that less sales are being generated overall, but since the cost of doing business is lower, profits have been increasing.
Industry Comparison
How does U.K. Oil and Gas Services compare with similar industries?
| GB Market | 2.25% | |
| Energy | 2.29% | |
| Energy Services | -1.40% | |
| Oil and Gas Services | -1.40% | |
| Oil and Gas Drilling | 0% | |
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 | |
|---|---|---|---|---|---|
| HTG Hunting | UK£3.60 | 0.3% +UK£1.6m | 53.8% | PE6.1x | |
| VLS Velocys | UK£0.0027 | 10.8% +UK£437.7k | -93.5% | PS17.7x | |
| POS Plexus Holdings | UK£0.16 | 1.6% +UK£263.5k | 407.9% | PE60.9x | |
| GTC Getech Group | UK£0.086 | 4.5% +UK£253.0k | -32.4% | PS1.4x | |
| EPP EnergyPathways | UK£0.02 | 5.3% +UK£157.9k | n/a | n/a |