Is Seplat Energy Plc (LON:SEPL) Trading At A 46% Discount?
Sep 15
U.K. (FTSE) Oil and Gas Industry Analysis
UpdatedSep 23, 2023
DataAggregated Company Financials
Companies90
- 7D0.7%
- 3M13.1%
- 1Y-2.2%
- YTD-8.0%
In the last week, the Oil and Gas industry is flat overall, with Serica Energy standing out by going down 8.8%. In line with that, the industry has also been flat over the past 12 months. In the next few years, earnings are forecast to decline by 6.5% annually.
Industry Valuation and Performance
Has the U.K. Oil and Gas Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 24 Sep 2023 | UK£296.6b | UK£648.5b | UK£58.6b | 4.1x | 5.1x | 0.5x |
| Tue, 22 Aug 2023 | UK£270.7b | UK£629.5b | UK£58.2b | 4.8x | 4.6x | 0.4x |
| Thu, 20 Jul 2023 | UK£270.5b | UK£658.6b | UK£75.3b | 4.1x | 3.6x | 0.4x |
| Sat, 17 Jun 2023 | UK£268.6b | UK£661.1b | UK£75.7b | 4.6x | 3.5x | 0.4x |
| Mon, 15 May 2023 | UK£282.3b | UK£676.2b | UK£77.7b | 4.9x | 3.6x | 0.4x |
| Wed, 12 Apr 2023 | UK£297.1b | UK£670.0b | UK£54.4b | 4.5x | 5.5x | 0.4x |
| Fri, 10 Mar 2023 | UK£310.1b | UK£685.5b | UK£56.8b | 4.1x | 5.5x | 0.5x |
| Sun, 05 Feb 2023 | UK£305.8b | UK£665.8b | UK£49.9b | 4.5x | 6.1x | 0.5x |
| Tue, 03 Jan 2023 | UK£303.2b | UK£651.8b | UK£50.5b | 4.5x | 6x | 0.5x |
| Thu, 01 Dec 2022 | UK£317.3b | UK£659.3b | UK£52.2b | 4.4x | 6.1x | 0.5x |
| Sat, 29 Oct 2022 | UK£311.4b | UK£654.8b | UK£51.0b | 4.6x | 6.1x | 0.5x |
| Mon, 26 Sep 2022 | UK£292.9b | UK£662.5b | UK£47.5b | 5.4x | 6.2x | 0.4x |
| Wed, 24 Aug 2022 | UK£293.8b | UK£618.8b | UK£44.0b | 7.5x | 6.7x | 0.5x |
| Fri, 22 Jul 2022 | UK£243.7b | UK£563.1b | UK£27.0b | 8.1x | 9x | 0.4x |
| Sun, 19 Jun 2022 | UK£244.3b | UK£556.2b | UK£27.0b | 8.7x | 9x | 0.4x |
| Tue, 17 May 2022 | UK£279.2b | UK£535.7b | UK£24.4b | 11.1x | 11.4x | 0.5x |
| Thu, 14 Apr 2022 | UK£265.7b | UK£446.2b | UK£37.5b | 11.7x | 7.1x | 0.6x |
| Sat, 12 Mar 2022 | UK£239.4b | UK£398.2b | UK£30.8b | 9.7x | 7.8x | 0.6x |
| Mon, 07 Feb 2022 | UK£228.1b | UK£269.7b | UK£21.5b | 15.1x | 10.6x | 0.8x |
| Wed, 05 Jan 2022 | UK£229.8b | UK£271.1b | UK£21.7b | 13.3x | 10.6x | 0.8x |
| Fri, 03 Dec 2021 | UK£221.0b | UK£276.1b | UK£22.1b | 11.6x | 10x | 0.8x |
| Sun, 31 Oct 2021 | UK£243.1b | UK£252.8b | UK£17.5b | 12.8x | 13.9x | 1x |
| Tue, 28 Sep 2021 | UK£237.8b | UK£250.3b | UK£16.9b | 11.9x | 14.1x | 1x |
| Thu, 26 Aug 2021 | UK£207.3b | UK£248.2b | UK£16.3b | 11.3x | 12.7x | 0.8x |
| Fri, 02 Jul 2021 | UK£214.4b | UK£248.2b | UK£16.3b | 12x | 13.1x | 0.9x |
| Mon, 05 Apr 2021 | UK£198.7b | UK£214.4b | -UK£1,378,327,807.70 | 12.6x | -144.1x | 0.9x |
| Thu, 07 Jan 2021 | UK£161.4b | UK£213.1b | -UK£13,588,518,781.79 | 20.5x | -11.9x | 0.8x |
| Wed, 30 Sep 2020 | UK£139.4b | UK£216.7b | -UK£17,612,173,800.39 | 15x | -7.9x | 0.6x |
Price to Earnings Ratio
-7.9x
Current Industry PE
- Investors are pessimistic on the British 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 5.1x which is higher than its 3-year average PE of -5.3x.
- The industry is trading close to its 3-year average PS ratio of 0.64x.
Past Earnings Growth
- Total earnings for the Oil and Gas industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 44% per year.
- This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.
Industry Trends
Which industries have driven the changes within the U.K. Energy industry?
| GB Market | -0.35% | |
| Energy | 0.72% | |
| Oil and Gas | 0.71% | |
| Integrated Oil and Gas | 0.81% | |
| Oil and Gas Storage and Transportation | -0.63% | |
| Oil and Gas Exploration and Production | -1.56% | |
| Coal and Fuels | -2.87% | |
| Oil and Gas Refining and Marketing | -5.55% | |
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 9.5%, which is lower than the prior year's growth of 77.4% per year.
Forecasted Growth
- Analysts are most optimistic on the Oil and Gas Exploration and Production industry, expecting annual earnings growth of 33% over the next 5 years.
- This is better than its past earnings growth rate of 6.5% per year.
- In contrast, the Oil and Gas Storage and Transportation industry is expected to see its earnings decline by 9.5% 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 | |
|---|---|---|---|---|---|
| SHEL Shell | UK£26.08 | 1.1% +UK£1.8b | 17.7% | PE7.3x | |
| BP. BP | UK£5.26 | 0.5% +UK£336.5m | 21.4% | PE5.9x | |
| CHAR Chariot | UK£0.17 | 31.1% +UK£43.7m | -6.6% | PB3.9x | |
| G3E G3 Exploration | UK£0.28 | n/a UK£43.9m | n/a | n/a | |
| PANR Pantheon Resources | UK£0.32 | 13.5% +UK£38.5m | -66.9% | PS775.5x |