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U.K. (FTSE) Oil and Gas Industry Analysis

UpdatedNov 15, 2025
DataAggregated Company Financials
Companies64
  • 7D-0.8%
  • 3M8.8%
  • 1Y13.8%
  • YTD14.3%

Over the last 7 days, the Oil and Gas industry has remained flat, although notably National Atomic Company Kazatomprom JSC gained 3.8%. As for the the longer term, the industry is up 15% over the past 12 months. Looking forward, earnings are forecast to grow by 15% annually.

Industry Valuation and Performance

Has the U.K. Oil and Gas Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 17 Nov 2025UK£251.8bUK£362.7bUK£11.9b11.4x21.1x0.7x
Wed, 15 Oct 2025UK£234.7bUK£359.0bUK£10.1b13.5x23.1x0.7x
Fri, 12 Sep 2025UK£234.9bUK£352.3bUK£10.0b11.6x23.5x0.7x
Sun, 10 Aug 2025UK£236.0bUK£358.3bUK£11.2b11.3x21.1x0.7x
Tue, 08 Jul 2025UK£223.2bUK£355.5bUK£9.1b10.3x24.6x0.6x
Thu, 05 Jun 2025UK£217.3bUK£357.2bUK£9.1b9.3x23.9x0.6x
Sat, 03 May 2025UK£217.5bUK£366.6bUK£11.4b9.2x19.1x0.6x
Mon, 31 Mar 2025UK£252.6bUK£377.1bUK£12.9b9x19.6x0.7x
Wed, 26 Feb 2025UK£243.8bUK£383.7bUK£13.5b10.6x18.1x0.6x
Fri, 24 Jan 2025UK£248.0bUK£408.7bUK£15.3b8.4x16.2x0.6x
Sun, 22 Dec 2024UK£221.4bUK£401.3bUK£15.0b9.1x14.7x0.6x
Tue, 19 Nov 2024UK£235.3bUK£400.9bUK£15.5b8.6x15.2x0.6x
Thu, 17 Oct 2024UK£233.1bUK£397.9bUK£20.7b9.5x11.2x0.6x
Sat, 14 Sep 2024UK£238.5bUK£393.9bUK£20.5b8.6x11.6x0.6x
Mon, 12 Aug 2024UK£256.6bUK£405.2bUK£21.4b11.7x12x0.6x
Wed, 10 Jul 2024UK£264.4bUK£404.9bUK£21.9b10.1x12.1x0.7x
Fri, 07 Jun 2024UK£261.7bUK£405.1bUK£22.0b12.4x11.9x0.6x
Sun, 05 May 2024UK£277.6bUK£419.0bUK£27.3b9.1x10.2x0.7x
Tue, 02 Apr 2024UK£261.9bUK£428.7bUK£28.4b7.5x9.2x0.6x
Thu, 29 Feb 2024UK£246.5bUK£428.6bUK£26.8b5.7x9.2x0.6x
Sat, 27 Jan 2024UK£268.1bUK£614.7bUK£63.0b3.8x4.3x0.4x
Mon, 25 Dec 2023UK£279.6bUK£614.7bUK£63.1b3.9x4.4x0.5x
Wed, 22 Nov 2023UK£284.2bUK£620.9bUK£63.4b4x4.5x0.5x
Fri, 20 Oct 2023UK£309.2bUK£653.1bUK£58.8b4.4x5.3x0.5x
Sun, 17 Sep 2023UK£294.7bUK£643.5bUK£58.2b4.1x5.1x0.5x
Tue, 15 Aug 2023UK£275.1bUK£631.4bUK£58.4b4.9x4.7x0.4x
Thu, 13 Jul 2023UK£270.4bUK£654.8bUK£74.9b4.5x3.6x0.4x
Sat, 10 Jun 2023UK£267.8bUK£670.6bUK£76.7b4.9x3.5x0.4x
Mon, 08 May 2023UK£283.6bUK£668.6bUK£77.7b4.8x3.7x0.4x
Wed, 05 Apr 2023UK£291.0bUK£666.1bUK£54.7b4.6x5.3x0.4x
Fri, 03 Mar 2023UK£314.3bUK£684.8bUK£56.9b4.1x5.5x0.5x
Sun, 29 Jan 2023UK£303.6bUK£639.0bUK£50.1b4.7x6.1x0.5x
Tue, 27 Dec 2022UK£306.3bUK£652.0bUK£50.7b4.4x6x0.5x
Thu, 24 Nov 2022UK£308.8bUK£654.1bUK£51.9b4.4x5.9x0.5x
Price to Earnings Ratio

5.9x


Total Market Cap: UK£308.8bTotal Earnings: UK£51.9bTotal Revenue: UK£654.1bTotal Market Cap vs Earnings and Revenue0%0%0%
U.K. Oil and Gas Industry Price to Earnings3Y Average 13.3x202320242025
Current Industry PE
  • Investors are optimistic on the British Oil and Gas industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 21.1x which is higher than its 3-year average PE of 13.3x.
  • The industry is trading close to its 3-year average PS ratio of 0.60x.
Past Earnings Growth
  • The earnings for companies in the Oil and Gas industry have declined 39% per year over the last three years,
  • Revenues have also declined 18% per year.
  • This means overall sales from these companies are declining and profits are subsequently falling as well.

Industry Trends

Which industries have driven the changes within the U.K. Energy industry?

GB Market-0.85%
Energy-0.82%
Oil and Gas-0.82%
Oil and Gas Refining and Marketing1.88%
Oil and Gas Storage and Transportation0.90%
Oil and Gas Exploration and Production-0.42%
Integrated Oil and Gas-0.50%
Coal and Fuels-7.06%
Industry PE
  • Investors are most optimistic about the Coal and Fuels industry even though it's trading below its 3-year average PE ratio of 40.7x.
    • Analysts are expecting annual earnings growth of 15.7%, which is higher than its past year's earnings growth of 1.2% per year.
Forecasted Growth
  • Analysts are most optimistic on the Oil and Gas Exploration and Production industry, expecting annual earnings growth of 40% over the next 5 years.
  • However this is lower than its past earnings growth rate of 53% per year.
  • In contrast, the Oil and Gas Storage and Transportation industry is expected to see its earnings grow by 12% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
KAP National Atomic Company Kazatomprom JSCUS$52.503.8%
+US$492.8m		30.1%PE12.5x
SHEL ShellUK£28.580.3%
+UK£313.5m		11.6%PE14.8x
BP. BPUK£4.610.5%
+UK£271.6m		20.4%PE61.3x
HBR Harbour EnergyUK£2.352.6%
+UK£98.9m		-7.0%PS0.5x
DEC Diversified EnergyUK£11.418.9%
+UK£71.4m		1.1%PS1x

Latest News

BP.
UK£4.61
BP
7D
0.5%
1Y
20.4%
SHEL
UK£28.58
Shell
7D
0.3%
1Y
11.6%
DEC
UK£11.41
Diversified Energy
7D
8.9%
1Y
1.1%

DEC: Discounted Gas Stocks Will Likely Benefit From Positive Price Trends

Analysts have raised their fair value estimate for Diversified Energy from $18.29 to $19.31 per share. This change is attributed to updated commodity price forecasts and a continued preference for gas-focused exploration and production companies.
PANR
UK£0.24
Pantheon Resources
7D
-9.3%
1Y
-13.3%
GENL
UK£0.55
Genel Energy
7D
-8.2%
1Y
-34.9%
SEPL
UK£2.61
Seplat Energy
7D
-4.9%
1Y
18.9%
HBR
UK£2.35
Harbour Energy
7D
2.6%
1Y
-7.0%
KAP
US$52.50
National Atomic Company Kazatomprom JSC
7D
3.8%
1Y
30.1%

KAP: Production And Revenue Guidance Updates Will Support Fair Valuation Going Forward

Analysts have raised their price target for National Atomic Company Kazatomprom JSC from $43.78 to $49.86, citing incremental adjustments in long-term valuation metrics. What's in the News National Atomic Company Kazatomprom JSC has scheduled a Special/Extraordinary Shareholders Meeting for December 19, 2025 (Key Developments).
ENQ
UK£0.12
EnQuest
7D
8.4%
1Y
1.0%

ENQ: Indonesia Expansion And Solid Output Will Drive Future Returns

Analysts modestly adjusted EnQuest's price target, with new estimates reflecting a slight decrease in future price-earnings expectations. Research suggests steady fundamentals but limited immediate growth prospects.
ITH
UK£2.33
Ithaca Energy
7D
1.3%
1Y
130.7%

ITH: Incremental Changes In Discount Rate Will Limit Share Upside

Analysts have modestly revised their price target for Ithaca Energy, adjusting the fair value estimate from £1.73 to £1.73 per share. They cite incremental changes in the company’s discount rate and future P/E outlook as underlying factors for the update.
SQZ
UK£2.14
Serica Energy
7D
-1.2%
1Y
63.7%

SQZ: Resumed Production And Upcoming Acquisitions Will Drive Strong Upside

Serica Energy’s analyst price target has been raised from £2.41 to £2.46, as analysts cite improved forecasts for revenue growth and profit margin. What's in the News Production at the Triton FPSO resumed after a temporary suspension caused by an issue with the flare system.
KIST
UK£1.67
Kistos Holdings
7D
-5.6%
1Y
75.8%

Is Kistos Holdings (LON:KIST) Using Debt In A Risky Way?

Oct 25
Is Kistos Holdings (LON:KIST) Using Debt In A Risky Way?
YCA
UK£5.23
Yellow Cake
7D
2.3%
1Y
-7.7%
CNE
UK£1.95
Capricorn Energy
7D
-5.0%
1Y
-8.4%
TLW
UK£0.088
Tullow Oil
7D
-4.3%
1Y
-60.3%

Tullow Oil plc's (LON:TLW) 26% Dip In Price Shows Sentiment Is Matching Revenues

Sep 02
Tullow Oil plc's (LON:TLW) 26% Dip In Price Shows Sentiment Is Matching Revenues
SAVE
UK£0.056
Savannah Energy
7D
-14.8%
1Y
n/a