Motor Oil (Hellas) Corinth Refineries S.A. Just Missed EPS By 10%: Here's What Analysts Think Will Happen Next
Apr 07
Greek (ASE) Oil and Gas Industry Analysis
UpdatedApr 18, 2024
DataAggregated Company Financials
Companies4
- 7D-2.5%
- 3M9.2%
- 1Y11.4%
- YTD9.6%
Over the last 7 days, the Oil and Gas industry has dropped 1.2%, driven by declines from every company within the industry. Over the past 12 months, the industry was up 10%. As for the next few years, earnings are forecast to decline by 29% per annum.
Industry Valuation and Performance
Has the Greek Oil and Gas Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 18 Apr 2024 | €5.4b | €30.0b | €1.3b | 5.1x | 4.2x | 0.2x |
| Sat, 16 Mar 2024 | €5.5b | €30.6b | €1.2b | 5.5x | 4.7x | 0.2x |
| Mon, 12 Feb 2024 | €5.4b | €30.8b | €923.1m | 7.6x | 5.9x | 0.2x |
| Wed, 10 Jan 2024 | €5.0b | €30.8b | €923.1m | 7.5x | 5.4x | 0.2x |
| Fri, 08 Dec 2023 | €5.1b | €30.8b | €923.1m | 7.6x | 5.5x | 0.2x |
| Sun, 05 Nov 2023 | €4.9b | €31.6b | €803.5m | 7.4x | 6.1x | 0.2x |
| Tue, 03 Oct 2023 | €5.0b | €32.3b | €755.4m | 8.3x | 6.6x | 0.2x |
| Thu, 31 Aug 2023 | €5.1b | €34.2b | €1.3b | 4.8x | 4x | 0.2x |
| Sat, 29 Jul 2023 | €5.0b | €36.2b | €1.7b | 4.4x | 2.9x | 0.1x |
| Mon, 26 Jun 2023 | €5.4b | €36.2b | €1.7b | 4.2x | 3.1x | 0.1x |
| Wed, 24 May 2023 | €4.9b | €35.2b | €1.7b | 4.3x | 2.9x | 0.1x |
| Fri, 21 Apr 2023 | €4.8b | €33.9b | €1.9b | 3.9x | 2.5x | 0.1x |
| Sun, 19 Mar 2023 | €4.6b | €33.9b | €1.9b | 3.6x | 2.4x | 0.1x |
| Tue, 14 Feb 2023 | €5.3b | €33.2b | €2.2b | 4x | 2.4x | 0.2x |
| Thu, 12 Jan 2023 | €4.8b | €33.2b | €2.2b | 3.5x | 2.2x | 0.1x |
| Sat, 10 Dec 2022 | €4.6b | €33.2b | €2.2b | 3.5x | 2.1x | 0.1x |
| Mon, 07 Nov 2022 | €4.0b | €29.7b | €1.8b | 3.6x | 2.3x | 0.1x |
| Wed, 05 Oct 2022 | €3.9b | €29.7b | €1.8b | 3.4x | 2.2x | 0.1x |
| Fri, 02 Sep 2022 | €4.2b | €28.2b | €1.8b | 4.2x | 2.4x | 0.1x |
| Sun, 31 Jul 2022 | €3.8b | €24.1b | €873.2m | 5.5x | 4.4x | 0.2x |
| Tue, 28 Jun 2022 | €4.0b | €24.1b | €873.2m | 5.5x | 4.6x | 0.2x |
| Thu, 26 May 2022 | €3.9b | €22.8b | €740.7m | 7.1x | 5.2x | 0.2x |
| Sat, 23 Apr 2022 | €4.0b | €21.4b | €545.3m | 8.2x | 7.3x | 0.2x |
| Mon, 21 Mar 2022 | €3.7b | €19.9b | €540.3m | 7.7x | 6.8x | 0.2x |
| Wed, 16 Feb 2022 | €3.6b | €18.4b | €442.3m | 8.2x | 8.2x | 0.2x |
| Fri, 14 Jan 2022 | €3.8b | €18.4b | €442.3m | 8.6x | 8.6x | 0.2x |
| Sun, 12 Dec 2021 | €3.5b | €18.4b | €442.3m | 8.1x | 7.8x | 0.2x |
| Tue, 09 Nov 2021 | €3.6b | €16.1b | €311.0m | 11.5x | 11.4x | 0.2x |
| Thu, 07 Oct 2021 | €3.4b | €16.1b | €311.0m | 10.9x | 10.9x | 0.2x |
| Sat, 04 Sep 2021 | €3.4b | €16.2b | €309.9m | 11.3x | 11x | 0.2x |
| Mon, 02 Aug 2021 | €3.4b | €16.2b | €309.9m | 11x | 10.9x | 0.2x |
| Thu, 06 May 2021 | €3.3b | €14.0b | €151.7m | 23.3x | 21.5x | 0.2x |
Price to Earnings Ratio
21.5x
Current Industry PE
- Investors are pessimistic on the Greek 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 4.2x which is lower than its 3-year average PE of 6.4x.
- The industry is trading close to its 3-year average PS ratio of 0.17x.
Past Earnings Growth
- The earnings for companies in the Oil and Gas industry have grown 105% per year over the last three years.
- Revenues for these companies have grown 29% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Trends
Which industries have driven the changes within the Greek Energy industry?
| GR Market | -3.67% | |
| Energy | -2.49% | |
| Oil and Gas | -2.49% | |
| Oil and Gas Exploration and Production | 0% | |
| Coal and Fuels | 0% | |
| Oil and Gas Storage and Transportation | 0% | |
| Oil and Gas Refining and Marketing | -2.44% | |
| Integrated Oil and Gas | -7.26% | |
Industry PE
- Investors are most optimistic about the Integrated Oil and Gas industry even though it's trading below its 3-year average PE ratio of 11.4x.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
- Investors are most pessimistic about the Oil and Gas Refining and Marketing industry, which is trading below its 3-year average of 6.4x.
Forecasted Growth
- Despite it being negative, analysts are least pessimistic on the Oil and Gas Refining and Marketing industry since they expect its earnings to decline by only 29% per year over the next 5 years, which isn't as bad as the other industries.
- This is an improvement from its past earnings decline of 43% per year.
- In contrast, the Oil and Gas Refining and Marketing industry is expected to see its earnings decline by 29% 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 | |
|---|---|---|---|---|---|
| No data available | |||||