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Hong Kong (HSI) Oil and Gas Industry Analysis

UpdatedDec 18, 2024
DataAggregated Company Financials
Companies38
  • 7D-0.6%
  • 3M0.8%
  • 1Y22.5%
  • YTD14.7%

Over the last 7 days, the Oil and Gas industry has dropped 2.0%, driven by China Shenhua Energy declining 2.6%. In the past year, the industry has gained 22%. Looking forward, earnings are expected to remain mostly flat in the next few years.

Industry Valuation and Performance

Has the Hong Kong Oil and Gas Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 18 Dec 2024HK$4.5tHK$7.8tHK$480.1b9.2x9.5x0.6x
Fri, 15 Nov 2024HK$4.3tHK$7.8tHK$483.8b9.6x9x0.6x
Sun, 13 Oct 2024HK$4.9tHK$8.2tHK$504.7b9.5x9.7x0.6x
Tue, 10 Sep 2024HK$4.4tHK$8.2tHK$502.9b8.2x8.8x0.5x
Thu, 08 Aug 2024HK$4.7tHK$8.2tHK$488.3b6.4x9.5x0.6x
Sat, 06 Jul 2024HK$5.4tHK$8.1tHK$482.8b7.3x11.1x0.7x
Mon, 03 Jun 2024HK$5.2tHK$8.1tHK$486.3b7.2x10.6x0.6x
Wed, 01 May 2024HK$5.0tHK$8.1tHK$486.7b6.7x10.3x0.6x
Fri, 29 Mar 2024HK$4.7tHK$8.1tHK$490.4b6x9.5x0.6x
Sun, 25 Feb 2024HK$4.6tHK$8.3tHK$499.5b6.5x9.3x0.6x
Tue, 23 Jan 2024HK$3.8tHK$8.3tHK$498.0b5.8x7.5x0.5x
Thu, 21 Dec 2023HK$3.6tHK$8.4tHK$501.1b6.3x7.2x0.4x
Sat, 18 Nov 2023HK$3.6tHK$8.3tHK$495.5b6.5x7.4x0.4x
Mon, 16 Oct 2023HK$3.8tHK$8.2tHK$494.1b6.5x7.8x0.5x
Wed, 13 Sep 2023HK$3.9tHK$8.3tHK$495.1b6.3x7.9x0.5x
Fri, 11 Aug 2023HK$3.9tHK$8.5tHK$530.7b6.5x7.3x0.5x
Sun, 09 Jul 2023HK$3.8tHK$8.5tHK$530.2b6.2x7.2x0.5x
Tue, 06 Jun 2023HK$3.9tHK$8.6tHK$537.8b6.2x7.3x0.5x
Thu, 04 May 2023HK$4.1tHK$8.9tHK$555.3b6.1x7.3x0.5x
Sat, 01 Apr 2023HK$3.5tHK$9.0tHK$550.1b5.6x6.4x0.4x
Mon, 27 Feb 2023HK$3.2tHK$8.6tHK$522.0b4.9x6.2x0.4x
Wed, 25 Jan 2023HK$3.3tHK$8.8tHK$534.0b5.7x6.2x0.4x
Fri, 23 Dec 2022HK$3.0tHK$8.6tHK$516.6b5.5x5.8x0.4x
Sun, 20 Nov 2022HK$3.0tHK$8.4tHK$508.0b5.5x6x0.4x
Tue, 18 Oct 2022HK$3.1tHK$8.0tHK$465.2b5x6.8x0.4x
Thu, 15 Sep 2022HK$3.4tHK$8.3tHK$483.0b5.4x7.1x0.4x
Sat, 13 Aug 2022HK$3.2tHK$8.1tHK$426.5b5.8x7.6x0.4x
Mon, 11 Jul 2022HK$3.2tHK$8.1tHK$429.9b5.7x7.5x0.4x
Wed, 08 Jun 2022HK$3.6tHK$8.2tHK$432.1b6.4x8.2x0.4x
Fri, 06 May 2022HK$3.4tHK$8.2tHK$424.5b7.3x8x0.4x
Sun, 03 Apr 2022HK$3.4tHK$7.9tHK$389.6b8.1x8.8x0.4x
Tue, 01 Mar 2022HK$3.3tHK$7.3tHK$339.3b7.6x9.7x0.5x
Thu, 27 Jan 2022HK$3.1tHK$7.3tHK$337.2b7x9.1x0.4x
Sat, 25 Dec 2021HK$2.9tHK$7.2tHK$335.5b6.5x8.6x0.4x
Price to Earnings Ratio

8.6x


Total Market Cap: HK$2.9tTotal Earnings: HK$335.5bTotal Revenue: HK$7.2tTotal Market Cap vs Earnings and Revenue0%0%0%
Hong Kong Oil and Gas Industry Price to Earnings3Y Average 8.1x202220232024
Current Industry PE
  • Investors are optimistic on the Hong Kong Oil and Gas industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 9.5x which is higher than its 3-year average PE of 8.1x.
  • The industry is trading close to its 3-year average PS ratio of 0.47x.
Past Earnings Growth
  • The earnings for companies in the Oil and Gas industry have grown 13% per year over the last three years.
  • Revenues for these companies have grown 2.5% 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 Hong Kong Energy industry?

HK Market-1.89%
Energy-0.61%
Oil and Gas-0.60%
Oil and Gas Refining and Marketing2.64%
Oil and Gas Exploration and Production2.09%
Integrated Oil and Gas-0.38%
Coal and Fuels-2.77%
Oil and Gas Storage and Transportation-3.45%
Industry PE
  • Investors are most optimistic about the Oil and Gas Refining and Marketing industry which is trading above its 3-year average PE ratio of 3.4x.
    • 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 Exploration and Production industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 5.4x.
Forecasted Growth
  • Analysts are most optimistic on the Oil and Gas Storage and Transportation industry, expecting annual earnings growth of 19% over the next 5 years.
  • This is better than its past earnings growth rate of 8.8% per year.
  • In contrast, the Oil and Gas Exploration and Production industry is expected to see its earnings growth to stay flat 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$18.122.1%
+HK$18.1b
46.6%PE5.7x
934 Sinopec Kantons HoldingsHK$4.574.3%
+HK$472.4m
46.5%PE9.2x
852 Strong Petrochemical HoldingsHK$0.1817.8%
+HK$59.5m
10.8%PS0.2x
228 China Energy Development HoldingsHK$0.067.1%
+HK$48.7m
-25.9%PE10.7x
8246 Zhonghua Gas HoldingsHK$0.195.1%
+HK$33.0m
22.2%PS5.2x
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Latest News

1088

HK$33.85

China Shenhua Energy

7D

-2.6%

1Y

34.9%

92

HK$0.30

Champion Technology Holdings

7D

5.2%

1Y

-22.2%

883

HK$18.12

CNOOC

7D

2.1%

1Y

46.6%

979

HK$0.24

Green Energy Group

7D

6.1%

1Y

49.4%

852

HK$0.18

Strong Petrochemical Holdings

7D

17.8%

1Y

10.8%

386

HK$4.28

China Petroleum & Chemical

7D

-1.2%

1Y

9.7%

1164

HK$1.60

CGN Mining

7D

-4.2%

1Y

-7.5%

934

HK$4.57

Sinopec Kantons Holdings

7D

4.3%

1Y

46.5%

8246

HK$0.19

Zhonghua Gas Holdings

7D

5.1%

1Y

22.2%