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Hong Kong (HSI) Energy Sector Analysis

UpdatedNov 14, 2025
DataAggregated Company Financials
Companies50
  • 7D2.1%
  • 3M15.4%
  • 1Y34.8%
  • YTD27.1%

CNOOC is up 5.8%, leading the way for the Energy industry, which has gained 2.1%. In the last 12 months, the industry was up 35%. As for the next few years, earnings are expected to grow by 3.1% per annum.

Sector Valuation and Performance

Has the Hong Kong Energy Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 17 Nov 2025HK$5.3tHK$7.6tHK$453.1b10.3x11.7x0.7x
Wed, 15 Oct 2025HK$4.7tHK$7.7tHK$460.4b9.6x10.1x0.6x
Fri, 12 Sep 2025HK$4.7tHK$7.7tHK$462.3b10x10.2x0.6x
Sun, 10 Aug 2025HK$4.7tHK$7.9tHK$492.3b9.1x9.5x0.6x
Tue, 08 Jul 2025HK$4.6tHK$7.9tHK$493.0b8.7x9.2x0.6x
Thu, 05 Jun 2025HK$4.6tHK$7.9tHK$491.5b8.4x9.3x0.6x
Sat, 03 May 2025HK$4.3tHK$7.7tHK$479.9b7.9x8.9x0.6x
Mon, 31 Mar 2025HK$4.4tHK$7.9tHK$495.8b8.6x8.9x0.6x
Wed, 26 Feb 2025HK$4.3tHK$8.0tHK$486.2b8.9x8.8x0.5x
Fri, 24 Jan 2025HK$4.5tHK$8.0tHK$485.5b9.4x9.3x0.6x
Sun, 22 Dec 2024HK$4.6tHK$7.9tHK$484.0b9.2x9.4x0.6x
Tue, 19 Nov 2024HK$4.6tHK$8.0tHK$489.3b9.6x9.3x0.6x
Thu, 17 Oct 2024HK$4.8tHK$8.4tHK$505.9b9.6x9.5x0.6x
Sat, 14 Sep 2024HK$4.5tHK$8.4tHK$509.1b8.1x8.8x0.5x
Mon, 12 Aug 2024HK$4.8tHK$8.3tHK$492.8b7x9.8x0.6x
Wed, 10 Jul 2024HK$5.4tHK$8.2tHK$486.6b8.1x11.1x0.7x
Fri, 07 Jun 2024HK$5.3tHK$8.3tHK$489.8b7.3x10.8x0.6x
Sun, 05 May 2024HK$5.1tHK$8.3tHK$490.4b6.7x10.5x0.6x
Tue, 02 Apr 2024HK$4.9tHK$8.2tHK$488.6b6.6x10.1x0.6x
Thu, 29 Feb 2024HK$4.6tHK$8.5tHK$502.1b6.8x9.2x0.5x
Sat, 27 Jan 2024HK$4.4tHK$8.6tHK$504.7b6.5x8.7x0.5x
Mon, 25 Dec 2023HK$3.8tHK$8.6tHK$504.6b6.5x7.5x0.4x
Wed, 22 Nov 2023HK$3.8tHK$8.5tHK$503.2b6.7x7.6x0.4x
Fri, 20 Oct 2023HK$4.0tHK$8.4tHK$496.1b6.7x8x0.5x
Sun, 17 Sep 2023HK$4.1tHK$8.4tHK$498.7b8.1x8.3x0.5x
Tue, 15 Aug 2023HK$3.9tHK$8.6tHK$528.5b7.1x7.4x0.5x
Thu, 13 Jul 2023HK$4.0tHK$8.7tHK$534.1b7.1x7.4x0.5x
Sat, 10 Jun 2023HK$4.1tHK$8.8tHK$538.6b6.5x7.6x0.5x
Mon, 08 May 2023HK$4.2tHK$9.1tHK$556.8b6.5x7.6x0.5x
Wed, 05 Apr 2023HK$3.7tHK$9.1tHK$558.1b6.4x6.7x0.4x
Fri, 03 Mar 2023HK$3.4tHK$8.9tHK$524.9b6.5x6.6x0.4x
Sun, 29 Jan 2023HK$3.4tHK$9.0tHK$532.8b6.8x6.5x0.4x
Tue, 27 Dec 2022HK$3.1tHK$8.8tHK$517.7b7.2x6.1x0.4x
Thu, 24 Nov 2022HK$3.2tHK$8.5tHK$505.2b7.1x6.4x0.4x
Price to Earnings Ratio

6.4x


Total Market Cap: HK$3.2tTotal Earnings: HK$505.2bTotal Revenue: HK$8.5tTotal Market Cap vs Earnings and Revenue0%0%0%
Hong Kong Energy Sector Price to Earnings3Y Average 8.7x202320242025
Current Industry PE
  • Investors are optimistic on the Hong Kong Energy industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 11.7x which is higher than its 3-year average PE of 8.7x.
  • The industry is trading close to its 3-year average PS ratio of 0.53x.
Past Earnings Growth
  • The earnings for companies in the Energy industry have declined 3.6% per year over the last three years,
  • Revenues have also declined 3.8% 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 Hong Kong Energy sector?

HK Market1.84%
Energy2.13%
Oil and Gas2.14%
Energy Services1.98%
Industry PE
  • Investors are most optimistic about the Energy Services industry which is trading above its 3-year average PE ratio of 19.9x.
    • Analysts are expecting annual earnings growth of 15.0%, which is higher than its past year's earnings decline of 12.0% per year.
  • Investors are most pessimistic about the Oil and Gas industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 8.5x.
Forecasted Growth
  • Analysts are most optimistic on the Energy Services industry, expecting annual earnings growth of 15% over the next 5 years.
  • This is better than its past earnings decline of 12% per year.
  • In contrast, the Oil and Gas industry is expected to see its earnings grow by 2.9% 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
883 CNOOCHK$22.405.8%
+HK$58.0b
33.2%PE7.9x
857 PetroChinaHK$8.793.3%
+HK$51.2b
60.7%PE9.3x
386 China Petroleum & ChemicalHK$4.423.0%
+HK$15.5b
5.5%PE13.6x
1138 COSCO SHIPPING Energy TransportationHK$11.103.2%
+HK$1.9b
64.2%PE16.8x
1033 Sinopec Oilfield ServiceHK$0.826.5%
+HK$947.9m
20.6%PE22.7x

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