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Hong Kong (HSI) Oil and Gas Exploration and Production Industry Analysis
UpdatedJan 02, 2026
DataAggregated Company Financials
Companies7
- 7D3.4%
- 3M12.6%
- 1Y12.8%
- YTDn/a
Over the last 7 days, the Oil and Gas Exploration and Production industry has risen 3.4%, driven by gains from CNOOC of 3.4%. Meanwhile, Sunshine Oilsands actually underperformed within the industry, shrinking 7.5% in the last week. This takes the industry's 12 month performance to a gain of 13%. As for the next few years, earnings are expected to grow by 2.1% per annum.
Industry Valuation and Performance
Has the Hong Kong Oil and Gas Exploration and Production Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 03 Jan 2026 | HK$1.1t | HK$470.9b | HK$138.7b | 8.8x | 7.7x | 2.3x |
| Mon, 01 Dec 2025 | HK$1.0t | HK$465.9b | HK$137.1b | 9.9x | 7.6x | 2.3x |
| Wed, 29 Oct 2025 | HK$991.6b | HK$457.3b | HK$141.3b | 10x | 7x | 2.2x |
| Fri, 26 Sep 2025 | HK$947.8b | HK$456.2b | HK$141.0b | 10.3x | 6.7x | 2.1x |
| Sun, 24 Aug 2025 | HK$934.3b | HK$472.1b | HK$148.8b | 7.8x | 6.3x | 2x |
| Tue, 22 Jul 2025 | HK$937.5b | HK$473.4b | HK$149.2b | 7.9x | 6.3x | 2x |
| Thu, 19 Jun 2025 | HK$918.2b | HK$472.7b | HK$148.8b | 10.6x | 6.2x | 1.9x |
| Sat, 17 May 2025 | HK$862.2b | HK$469.6b | HK$147.8b | 8.3x | 5.8x | 1.8x |
| Mon, 14 Apr 2025 | HK$809.9b | HK$466.3b | HK$148.5b | 7.4x | 5.5x | 1.7x |
| Wed, 12 Mar 2025 | HK$879.8b | HK$485.1b | HK$151.0b | 8x | 5.8x | 1.8x |
| Fri, 07 Feb 2025 | HK$935.4b | HK$482.6b | HK$150.1b | 9.3x | 6.2x | 1.9x |
| Sun, 05 Jan 2025 | HK$950.7b | HK$480.1b | HK$149.4b | 10.2x | 6.4x | 2x |
| Tue, 03 Dec 2024 | HK$853.7b | HK$483.3b | HK$150.4b | 10.7x | 5.7x | 1.8x |
| Thu, 31 Oct 2024 | HK$899.1b | HK$492.6b | HK$153.3b | 11.8x | 5.9x | 1.8x |
| Sat, 28 Sep 2024 | HK$930.2b | HK$517.5b | HK$152.5b | 12.3x | 6.1x | 1.8x |
| Mon, 26 Aug 2024 | HK$1.0t | HK$485.8b | HK$142.0b | 6.8x | 7.2x | 2.1x |
| Wed, 24 Jul 2024 | HK$1.0t | HK$476.7b | HK$139.3b | 11.3x | 7.3x | 2.1x |
| Fri, 21 Jun 2024 | HK$1.2t | HK$477.8b | HK$139.6b | 10.2x | 8.4x | 2.4x |
| Sun, 19 May 2024 | HK$973.1b | HK$480.1b | HK$140.3b | 11.1x | 6.9x | 2x |
| Tue, 16 Apr 2024 | HK$978.4b | HK$465.9b | HK$132.2b | 9.3x | 7.4x | 2.1x |
| Thu, 14 Mar 2024 | HK$890.4b | HK$466.9b | HK$141.9b | 10x | 6.3x | 1.9x |
| Sat, 10 Feb 2024 | HK$751.1b | HK$467.0b | HK$141.2b | 9.2x | 5.3x | 1.6x |
| Mon, 08 Jan 2024 | HK$708.8b | HK$473.4b | HK$143.5b | 7.1x | 4.9x | 1.5x |
| Wed, 06 Dec 2023 | HK$669.1b | HK$473.5b | HK$143.6b | 6.7x | 4.7x | 1.4x |
| Fri, 03 Nov 2023 | HK$687.9b | HK$463.1b | HK$142.6b | 5.5x | 4.8x | 1.5x |
| Sun, 01 Oct 2023 | HK$724.9b | HK$458.0b | HK$146.2b | 5.5x | 5x | 1.6x |
| Tue, 29 Aug 2023 | HK$676.2b | HK$459.0b | HK$146.4b | 5.4x | 4.6x | 1.5x |
| Thu, 27 Jul 2023 | HK$649.9b | HK$484.7b | HK$155.3b | 4.7x | 4.2x | 1.3x |
| Sat, 24 Jun 2023 | HK$585.0b | HK$484.5b | HK$155.1b | 4.6x | 3.8x | 1.2x |
| Mon, 22 May 2023 | HK$680.5b | HK$494.8b | HK$158.5b | 4.3x | 4.3x | 1.4x |
| Wed, 19 Apr 2023 | HK$656.1b | HK$498.8b | HK$165.3b | 3.9x | 4x | 1.3x |
| Fri, 17 Mar 2023 | HK$568.6b | HK$452.4b | HK$147.3b | 4.6x | 3.9x | 1.3x |
| Sun, 12 Feb 2023 | HK$576.4b | HK$458.0b | HK$149.0b | 5.3x | 3.9x | 1.3x |
| Tue, 10 Jan 2023 | HK$509.5b | HK$457.4b | HK$148.8b | 4.7x | 3.4x | 1.1x |
Price to Earnings Ratio
3.4x
Current Industry PE
- Investors are optimistic on the Hong Kong Oil and Gas Exploration and Production industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 7.7x which is higher than its 3-year average PE of 5.8x.
- The 3-year average PS ratio of 1.8x is lower than the industry's current PS ratio of 2.3x.
Past Earnings Growth
- The earnings for companies in the Oil and Gas Exploration and Production industry have declined 2.0% per year over the last three years.
- Meanwhile revenues have remained mostly flat.
- This means that although sales have remained flat, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.
Industry Comparison
How does Hong Kong Oil and Gas Exploration and Production compare with similar industries?
| HK Market | -0.24% | |
| Energy | 2.06% | |
| Oil and Gas | 2.11% | |
| Oil and Gas Exploration and Production | 3.39% | |
| Oil and Gas Refining and Marketing | 7.89% | |
| Integrated Oil and Gas | 2.99% | |
| Coal and Fuels | -0.67% | |
| Oil and Gas Storage and Transportation | -0.92% | |
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 | |
|---|---|---|---|---|---|
| 883 CNOOC | HK$21.86 | 6.1% +HK$59.9b | 14.9% | PE7.6x | |
| 467 United Energy Group | HK$0.47 | 9.3% +HK$1.0b | 36.2% | PE9.4x | |
| 353 Energy International Investments Holdings | HK$0.32 | 6.7% +HK$21.6m | -32.6% | PE1.3x | |
| 3395 JX Energy | HK$0.28 | 12.4% +HK$19.1m | 48.1% | PS5.1x | |
| 632 CHK Oil | HK$0.19 | 11.6% +HK$17.4m | -71.3% | PS1.1x |
