Investors Holding Back On Anton Oilfield Services Group (HKG:3337)
Jul 23
Hong Kong (HSI) Oil and Gas Services Industry Analysis
UpdatedJul 25, 2024
DataAggregated Company Financials
Companies14
- 7D-2.2%
- 3M-3.1%
- 1Y-13.4%
- YTDn/a
Over the last 7 days, the Oil and Gas Services industry has dropped 2.7%, driven by a pullback from Sinopec Oilfield Service of 3.8%. In contrast, Anton Oilfield Services Group has gained 18%. However, the industry is down 13% over the past year. Looking forward, earnings are forecast to grow by 28% annually.
Industry Valuation and Performance
Has the Hong Kong Oil and Gas Services Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 25 Jul 2024 | HK$43.7b | HK$118.0b | HK$543.3m | 9.6x | 80.3x | 0.4x |
| Sat, 22 Jun 2024 | HK$43.4b | HK$122.6b | HK$793.2m | 9.4x | 54.7x | 0.4x |
| Mon, 20 May 2024 | HK$48.5b | HK$123.2b | HK$796.8m | 9.6x | 60.9x | 0.4x |
| Wed, 17 Apr 2024 | HK$47.2b | HK$122.8b | HK$764.2m | 9.6x | 61.8x | 0.4x |
| Fri, 15 Mar 2024 | HK$48.0b | HK$121.2b | -HK$83,677,754.57 | 9.8x | -573.4x | 0.4x |
| Sun, 11 Feb 2024 | HK$44.7b | HK$122.1b | -HK$64,103,133.10 | 10.1x | -696.7x | 0.4x |
| Tue, 09 Jan 2024 | HK$46.7b | HK$121.9b | -HK$64,177,942.00 | 10.7x | -727.9x | 0.4x |
| Thu, 07 Dec 2023 | HK$47.9b | HK$121.9b | -HK$64,170,466.00 | 10.7x | -747.1x | 0.4x |
| Sat, 04 Nov 2023 | HK$49.1b | HK$119.6b | -HK$56,799,531.00 | 8.7x | -864x | 0.4x |
| Mon, 02 Oct 2023 | HK$52.5b | HK$119.4b | -HK$103,821,710.00 | 9.7x | -505.5x | 0.4x |
| Wed, 30 Aug 2023 | HK$51.7b | HK$118.3b | -HK$598,762,381.00 | 16.4x | -86.4x | 0.4x |
| Fri, 28 Jul 2023 | HK$51.6b | HK$119.8b | -HK$1,061,506,783.00 | 12.3x | -48.6x | 0.4x |
| Sun, 25 Jun 2023 | HK$46.8b | HK$119.7b | -HK$1,060,026,499.00 | 10.5x | -44.1x | 0.4x |
| Tue, 23 May 2023 | HK$25.1b | HK$122.1b | -HK$1,086,810,416.00 | 12x | -23.1x | 0.2x |
| Thu, 20 Apr 2023 | HK$54.8b | HK$122.1b | -HK$1,174,732,473.00 | 11.7x | -46.7x | 0.4x |
| Sat, 18 Mar 2023 | HK$51.9b | HK$122.1b | -HK$2,145,154,700.00 | 19.5x | -24.2x | 0.4x |
| Mon, 13 Feb 2023 | HK$52.8b | HK$123.7b | -HK$2,167,806,451.00 | 20.7x | -24.3x | 0.4x |
| Wed, 11 Jan 2023 | HK$48.4b | HK$123.5b | -HK$2,165,944,255.00 | 21.4x | -22.4x | 0.4x |
| Fri, 09 Dec 2022 | HK$49.2b | HK$119.8b | -HK$2,100,120,929.00 | 20.6x | -23.4x | 0.4x |
| Sun, 06 Nov 2022 | HK$45.2b | HK$115.4b | -HK$2,023,005,187.00 | 21x | -22.3x | 0.4x |
| Tue, 04 Oct 2022 | HK$45.0b | HK$115.9b | -HK$2,151,158,324.00 | 22.4x | -20.9x | 0.4x |
| Thu, 01 Sep 2022 | HK$48.6b | HK$118.7b | -HK$1,630,441,416.00 | 30.6x | -29.8x | 0.4x |
| Sat, 30 Jul 2022 | HK$49.5b | HK$120.6b | -HK$1,351,503,257.00 | 41.5x | -36.6x | 0.4x |
| Mon, 27 Jun 2022 | HK$49.9b | HK$121.7b | -HK$1,363,323,823.00 | 40.8x | -36.6x | 0.4x |
| Wed, 25 May 2022 | HK$48.8b | HK$122.4b | -HK$1,371,737,622.00 | 33.4x | -35.6x | 0.4x |
| Fri, 22 Apr 2022 | HK$50.1b | HK$125.7b | -HK$1,342,156,842.00 | 30x | -37.4x | 0.4x |
| Sun, 20 Mar 2022 | HK$51.9b | HK$123.4b | HK$531.8m | 12.2x | 97.6x | 0.4x |
| Tue, 15 Feb 2022 | HK$60.2b | HK$122.5b | HK$526.3m | 13.5x | 114.3x | 0.5x |
| Thu, 13 Jan 2022 | HK$59.9b | HK$122.1b | HK$524.7m | 15.1x | 114.1x | 0.5x |
| Sat, 11 Dec 2021 | HK$55.8b | HK$122.0b | HK$524.4m | 13.9x | 106.4x | 0.5x |
| Mon, 08 Nov 2021 | HK$54.6b | HK$121.4b | HK$521.9m | 12.6x | 104.6x | 0.4x |
| Wed, 06 Oct 2021 | HK$64.9b | HK$120.2b | HK$376.4m | 23.4x | 172.5x | 0.5x |
| Fri, 03 Sep 2021 | HK$58.2b | HK$119.5b | HK$372.7m | 13.1x | 156.2x | 0.5x |
| Sun, 01 Aug 2021 | HK$52.2b | HK$119.5b | HK$372.7m | 13.1x | 140.1x | 0.4x |
Price to Earnings Ratio
140.1x
Current Industry PE
- Investors are optimistic on the Hong Kong Oil and Gas Equipment and Services industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 80.4x which is higher than its 3-year average PE of -108x.
- The industry is trading close to its 3-year average PS ratio of 0.42x.
Past Earnings Growth
- The earnings for companies in the Oil and Gas Equipment and Services industry have grown 13% per year over the last three years, while revenues have remained mostly flat.
- This means that companies overall are more efficiently conducting business since profits are increasing while sales have been flat.
Industry Comparison
How does Hong Kong Oil and Gas Services compare with similar industries?
| HK Market | -1.61% | |
| Energy | -1.92% | |
| Energy Services | -1.75% | |
| Oil and Gas Services | -2.16% | |
| Oil and Gas Drilling | -1.45% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 3337 Anton Oilfield Services Group | HK$0.59 | 13.5% +HK$199.8m | 34.1% | PE8x | |
| 568 Shandong Molong Petroleum Machinery | HK$0.98 | 11.4% +HK$79.8m | -65.9% | PS0.7x | |
| 1251 SPT Energy Group | HK$0.23 | 3.6% +HK$15.6m | -12.3% | PE24.7x |
