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Hong Kong (HSI) Oil and Gas Industry Analysis

UpdatedMar 18, 2024
DataAggregated Company Financials
Companies40
  • 7D0.1%
  • 3M26.6%
  • 1Y26.5%
  • YTD18.7%

The Oil and Gas industry has been flat over the last week, but Yankuang Energy Group has lost 7.8%. As for the the longer term, the industry is up 27% over the past 12 months. In the next few years earnings are forecast to be pretty stable.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 18 Mar 2024HK$4.6tHK$8.3tHK$499.4b6.2x9.1x0.5x
Wed, 14 Feb 2024HK$4.2tHK$8.3tHK$499.4b5.9x8.5x0.5x
Fri, 12 Jan 2024HK$3.9tHK$8.4tHK$500.4b6.1x7.8x0.5x
Sun, 10 Dec 2023HK$3.6tHK$8.3tHK$499.5b6x7.3x0.4x
Tue, 07 Nov 2023HK$3.6tHK$8.2tHK$495.3b6.5x7.3x0.4x
Thu, 05 Oct 2023HK$4.0tHK$8.2tHK$494.7b6.5x8x0.5x
Sat, 02 Sep 2023HK$3.9tHK$8.3tHK$496.5b6.4x7.8x0.5x
Mon, 31 Jul 2023HK$3.9tHK$8.6tHK$533.5b6.3x7.3x0.5x
Wed, 28 Jun 2023HK$3.8tHK$8.5tHK$530.2b6x7.1x0.4x
Fri, 26 May 2023HK$3.9tHK$8.7tHK$542.6b6.5x7.2x0.4x
Sun, 23 Apr 2023HK$3.9tHK$9.0tHK$555.8b6.1x7.1x0.4x
Tue, 21 Mar 2023HK$3.5tHK$8.7tHK$526.5b6x6.6x0.4x
Thu, 16 Feb 2023HK$3.2tHK$8.8tHK$531.0b5.5x6.1x0.4x
Sat, 14 Jan 2023HK$3.2tHK$8.9tHK$537.7b5.5x6x0.4x
Mon, 12 Dec 2022HK$3.1tHK$8.6tHK$517.8b5.5x6x0.4x
Wed, 09 Nov 2022HK$3.1tHK$8.4tHK$506.0b5.5x6.1x0.4x
Fri, 07 Oct 2022HK$3.2tHK$8.1tHK$470.3b5x6.8x0.4x
Sun, 04 Sep 2022HK$3.3tHK$8.4tHK$484.8b6.1x6.9x0.4x
Tue, 02 Aug 2022HK$3.2tHK$8.1tHK$426.8b5.6x7.5x0.4x
Thu, 30 Jun 2022HK$3.3tHK$8.1tHK$428.8b6x7.8x0.4x
Sat, 28 May 2022HK$3.5tHK$8.1tHK$426.9b6.3x8.3x0.4x
Mon, 25 Apr 2022HK$3.4tHK$7.7tHK$381.1b7.1x8.8x0.4x
Wed, 23 Mar 2022HK$3.2tHK$7.3tHK$335.8b7.9x9.7x0.4x
Fri, 18 Feb 2022HK$3.3tHK$7.3tHK$337.3b7.8x9.7x0.4x
Sun, 16 Jan 2022HK$3.0tHK$7.2tHK$335.7b6.9x9x0.4x
Tue, 14 Dec 2021HK$2.8tHK$7.2tHK$335.5b6.3x8.5x0.4x
Thu, 11 Nov 2021HK$2.7tHK$7.2tHK$334.0b7.1x8.2x0.4x
Sat, 09 Oct 2021HK$3.2tHK$6.6tHK$373.5b9.6x8.7x0.5x
Mon, 06 Sep 2021HK$2.9tHK$6.6tHK$371.8b10.4x7.7x0.4x
Wed, 04 Aug 2021HK$2.6tHK$6.6tHK$372.7b8.2x6.9x0.4x
Sat, 08 May 2021HK$2.6tHK$5.9tHK$272.0b8.8x9.5x0.4x
Price to Earnings Ratio

9.5x


Total Market Cap: HK$2.6tTotal Earnings: HK$272.0bTotal Revenue: HK$5.9tTotal Market Cap vs Earnings and Revenue0%0%0%
Hong Kong Oil and Gas Industry Price to Earnings3Y Average 7.8x202220232024
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 9.1x which is higher than its 3-year average PE of 7.8x.
  • The industry is trading close to its 3-year average PS ratio of 0.43x.
Past Earnings Growth
  • The earnings for companies in the Oil and Gas industry have grown 22% per year over the last three years.
  • Revenues for these companies have grown 12% 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 Market1.55%
Energy0.27%
Oil and Gas0.11%
Integrated Oil and Gas3.70%
Oil and Gas Refining and Marketing0.56%
Oil and Gas Exploration and Production-2.55%
Oil and Gas Storage and Transportation-2.62%
Coal and Fuels-4.79%
Industry PE
  • Investors are most optimistic about the Oil and Gas Storage and Transportation industry which is trading above its 3-year average PE ratio.
    • Analysts are expecting annual earnings growth of 22.0%, which is lower than the prior year's growth of 28.9% per year.
Forecasted Growth
  • Analysts are most optimistic on the Oil and Gas Storage and Transportation industry, expecting annual earnings growth of 22% over the next 5 years.
  • However this is lower than its past earnings growth rate of 29% per year.
  • In contrast, the Oil and Gas Exploration and Production industry is expected to see its earnings decline by 2.2% 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
386 China Petroleum & ChemicalHK$4.532.5%
+HK$13.1b
-3.2%PE8x
857 PetroChinaHK$6.331.1%
+HK$12.8b
48.2%PE6.6x
883 CNOOCHK$17.460.8%
+HK$6.7b
54.5%PE5.9x
1138 COSCO SHIPPING Energy TransportationHK$7.862.3%
+HK$858.7m
-7.9%PE7.6x
467 United Energy GroupHK$0.545.9%
+HK$781.2m
-21.7%PE5.1x
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Latest News

467

HK$0.54

United Energy Group

7D

5.9%

1Y

-21.7%

386

HK$4.53

China Petroleum & Chemical

7D

2.5%

1Y

-3.2%

554

HK$0.21

Hans Energy

7D

7.7%

1Y

-19.2%

65

HK$0.45

Grand Ocean Advanced Resources

7D

11.3%

1Y

11.3%

1164

HK$1.56

CGN Mining

7D

-4.9%

1Y

77.3%

353

HK$1.19

Energy International Investments Holdings

7D

8.2%

1Y

40.0%

883

HK$17.46

CNOOC

7D

0.8%

1Y

54.5%

1171

HK$17.50

Yankuang Energy Group

7D

-7.8%

1Y

21.5%

866

HK$0.45

China Qinfa Group

7D

-15.1%

1Y

88.3%

857

HK$6.33

PetroChina

7D

1.1%

1Y

48.2%

346

HK$0.47

Yanchang Petroleum International

7D

-4.1%

1Y

-49.5%