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Hong Kong (HSI) Energy Sector Analysis

UpdatedFeb 17, 2026
DataAggregated Company Financials
Companies50
  • 7D1.9%
  • 3M11.2%
  • 1Y43.8%
  • YTD13.4%

Last week, the Energy industry hasn't moved much but CNOOC is up 4.8% in that time. The past year has been better, since the industry has gained 40% in that time. Looking forward, earnings are forecast to grow by 3.9% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 17 Feb 2026HK$5.9tHK$7.9tHK$468.0b12.4x12.5x0.7x
Thu, 15 Jan 2026HK$5.3tHK$7.8tHK$462.5b9.7x11.5x0.7x
Sat, 13 Dec 2025HK$5.1tHK$7.7tHK$456.5b9.3x11.1x0.7x
Mon, 10 Nov 2025HK$5.2tHK$7.6tHK$451.8b10.2x11.5x0.7x
Wed, 08 Oct 2025HK$4.5tHK$7.7tHK$462.2b10x9.8x0.6x
Fri, 05 Sep 2025HK$4.8tHK$7.7tHK$461.8b9.7x10.3x0.6x
Sun, 03 Aug 2025HK$4.6tHK$7.9tHK$490.5b9x9.4x0.6x
Tue, 01 Jul 2025HK$4.6tHK$7.9tHK$493.2b8.8x9.3x0.6x
Thu, 29 May 2025HK$4.5tHK$7.9tHK$490.8b8x9.3x0.6x
Sat, 26 Apr 2025HK$4.3tHK$7.9tHK$492.3b7.6x8.7x0.5x
Mon, 24 Mar 2025HK$4.4tHK$8.0tHK$491.8b9.3x8.9x0.5x
Wed, 19 Feb 2025HK$4.4tHK$8.0tHK$485.2b9.3x9.1x0.6x
Fri, 17 Jan 2025HK$4.7tHK$7.9tHK$482.5b9.4x9.8x0.6x
Sun, 15 Dec 2024HK$4.6tHK$8.0tHK$485.4b9.4x9.5x0.6x
Tue, 12 Nov 2024HK$4.5tHK$8.1tHK$490.7b9.8x9.2x0.6x
Thu, 10 Oct 2024HK$4.8tHK$8.4tHK$509.2b9.1x9.5x0.6x
Sat, 07 Sep 2024HK$4.7tHK$8.4tHK$509.4b8.4x9.3x0.6x
Mon, 05 Aug 2024HK$4.9tHK$8.4tHK$493.8b7.1x9.9x0.6x
Wed, 03 Jul 2024HK$5.5tHK$8.2tHK$486.7b8.1x11.3x0.7x
Fri, 31 May 2024HK$5.3tHK$8.3tHK$491.0b7.1x10.8x0.6x
Sun, 28 Apr 2024HK$5.2tHK$8.2tHK$490.8b6.6x10.6x0.6x
Tue, 26 Mar 2024HK$4.8tHK$8.3tHK$493.7b6.5x9.7x0.6x
Thu, 22 Feb 2024HK$4.6tHK$8.5tHK$502.4b6.9x9.1x0.5x
Sat, 20 Jan 2024HK$3.9tHK$8.6tHK$506.5b5.9x7.7x0.5x
Mon, 18 Dec 2023HK$3.7tHK$8.6tHK$505.2b6.4x7.3x0.4x
Wed, 15 Nov 2023HK$3.8tHK$8.4tHK$493.8b7.2x7.6x0.4x
Fri, 13 Oct 2023HK$4.0tHK$8.4tHK$497.0b6.8x8x0.5x
Sun, 10 Sep 2023HK$4.0tHK$8.4tHK$494.9b6.7x8.2x0.5x
Tue, 08 Aug 2023HK$3.9tHK$8.7tHK$532.9b7.1x7.3x0.5x
Thu, 06 Jul 2023HK$4.0tHK$8.6tHK$530.1b7.2x7.5x0.5x
Sat, 03 Jun 2023HK$4.0tHK$8.9tHK$544.0b6.5x7.3x0.4x
Mon, 01 May 2023HK$4.2tHK$9.1tHK$556.8b6.5x7.6x0.5x
Wed, 29 Mar 2023HK$3.6tHK$8.9tHK$520.4b6x6.8x0.4x
Fri, 24 Feb 2023HK$3.4tHK$8.9tHK$525.1b6.6x6.5x0.4x
Price to Earnings Ratio

6.5x


Total Market Cap: HK$3.4tTotal Earnings: HK$525.1bTotal Revenue: HK$8.9tTotal Market Cap vs Earnings and Revenue0%0%0%
Hong Kong Energy Sector Price to Earnings3Y Average 9.2x202420252026
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 12.4x which is higher than its 3-year average PE of 9.2x.
  • The industry is trading close to its 3-year average PS ratio of 0.55x.
Past Earnings Growth
  • The earnings for companies in the Energy industry have declined 3.8% per year over the last three years,
  • Revenues have also declined 4.0% 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 Market-0.26%
Energy1.88%
Energy Services5.50%
Oil and Gas1.79%
Industry PE
  • Investors are most optimistic about the Energy Services industry even though it's trading below its 3-year average PE ratio of 31.4x.
    • Analysts are expecting annual earnings growth of 21.5%, which is higher than its past year's earnings decline of 19.0% 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 9.0x.
Forecasted Growth
  • Analysts are most optimistic on the Energy Services industry, expecting annual earnings growth of 21% over the next 5 years.
  • This is better than its past earnings decline of 19% per year.
  • In contrast, the Oil and Gas industry is expected to see its earnings grow by 3.5% 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$25.144.8%
+HK$54.2b		36.3%PE8.6x
386 China Petroleum & ChemicalHK$5.442.1%
+HK$13.3b		27.1%PE16.2x
1138 COSCO SHIPPING Energy TransportationHK$17.2012.5%
+HK$10.4b		144.3%PE25.2x
1171 Yankuang Energy GroupHK$13.516.4%
+HK$8.0b		67.8%PE12x
857 PetroChinaHK$9.180.2%
+HK$3.7b		52.7%PE9.4x

Latest News

1164
HK$4.97
CGN Mining
7D
9.2%
1Y
233.6%
386
HK$5.44
China Petroleum & Chemical
7D
2.1%
1Y
27.1%
3303
HK$0.48
Jutal Offshore Oil Services
7D
-6.7%
1Y
-25.4%

Jutal Offshore Oil Services Limited's (HKG:3303) Business Is Trailing The Industry But Its Shares Aren't

Feb 12
Jutal Offshore Oil Services Limited's (HKG:3303) Business Is Trailing The Industry But Its Shares Aren't
1138
HK$17.20
COSCO SHIPPING Energy Transportation
7D
12.5%
1Y
144.3%
956
HK$4.08
China Suntien Green Energy
7D
-1.4%
1Y
7.9%

A Look At The Fair Value Of China Suntien Green Energy Corporation Limited (HKG:956)

Feb 09
A Look At The Fair Value Of China Suntien Green Energy Corporation Limited (HKG:956)
1898
HK$12.18
China Coal Energy
7D
1.4%
1Y
44.8%

China Coal Energy Company Limited's (HKG:1898) Business And Shares Still Trailing The Market

Feb 08
China Coal Energy Company Limited's (HKG:1898) Business And Shares Still Trailing The Market
883
HK$25.14
CNOOC
7D
4.8%
1Y
36.3%

883: Offshore Project Ramp Up And Fair Outlook Will Shape Returns

Analysts have raised their price target for CNOOC to US$23.68 from US$22.87, citing updated views on fair value, discount rate, revenue growth, profit margin and future P/E assumptions. What's in the News CNOOC reported that the Buzios6 project in Brazil has started production, using an FPSO with designed capacity of 180,000 barrels of crude oil per day, 7.2 million cubic meters of natural gas per day and storage of 2 million barrels.
1088
HK$43.56
China Shenhua Energy
7D
-0.6%
1Y
40.5%
1921
HK$5.94
Dalipal Holdings
7D
-4.7%
1Y
-36.1%

Investors Could Be Concerned With Dalipal Holdings' (HKG:1921) Returns On Capital

Jan 29
Investors Could Be Concerned With Dalipal Holdings' (HKG:1921) Returns On Capital
2883
HK$9.70
China Oilfield Services
7D
8.4%
1Y
49.0%

China Oilfield Services Limited (HKG:2883) Stock Catapults 29% Though Its Price And Business Still Lag The Market

Jan 28
China Oilfield Services Limited (HKG:2883) Stock Catapults 29% Though Its Price And Business Still Lag The Market
866
HK$3.62
China Qinfa Group
7D
-6.7%
1Y
226.1%
9689
HK$0.52
JTF International Holdings
7D
-8.8%
1Y
50.7%

JTF International Holdings Limited's (HKG:9689) 54% Share Price Surge Not Quite Adding Up

Jan 23
JTF International Holdings Limited's (HKG:9689) 54% Share Price Surge Not Quite Adding Up
1171
HK$13.51
Yankuang Energy Group
7D
6.4%
1Y
67.8%

Yankuang Energy Group Company Limited (HKG:1171) Could Be Riskier Than It Looks

Jan 21
Yankuang Energy Group Company Limited (HKG:1171) Could Be Riskier Than It Looks
1586
HK$1.83
China Leon Inspection Holding
7D
-6.2%
1Y
-22.8%

Many Would Be Envious Of China Leon Inspection Holding's (HKG:1586) Excellent Returns On Capital

Jan 16
Many Would Be Envious Of China Leon Inspection Holding's (HKG:1586) Excellent Returns On Capital
857
HK$9.18
PetroChina
7D
0.2%
1Y
52.7%
931
HK$0.41
China HK Power Smart Energy Group
7D
-3.6%
1Y
20.9%

China HK Power Smart Energy Group Limited's (HKG:931) P/S Is Still On The Mark Following 26% Share Price Bounce

Dec 19
China HK Power Smart Energy Group Limited's (HKG:931) P/S Is Still On The Mark Following 26% Share Price Bounce