Hong Kong (HSI) Oil and Gas Exploration and Production Industry Analysis

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
Thu, 09 Jul 2026	HK$1.1t	HK$489.7b	HK$144.9b	12.5x	7.5x	2.2x
Sat, 06 Jun 2026	HK$1.3t	HK$491.4b	HK$145.7b	12x	9x	2.7x
Mon, 04 May 2026	HK$1.5t	HK$487.3b	HK$144.4b	13.3x	10.1x	3x
Wed, 01 Apr 2026	HK$1.4t	HK$469.9b	HK$140.1b	11x	10x	3x
Fri, 27 Feb 2026	HK$1.2t	HK$483.5b	HK$142.5b	12.6x	8.7x	2.6x
Sun, 25 Jan 2026	HK$1.1t	HK$473.7b	HK$139.5b	10.2x	8x	2.4x
Tue, 23 Dec 2025	HK$1.0t	HK$468.0b	HK$137.8b	8.7x	7.5x	2.2x
Thu, 20 Nov 2025	HK$1.1t	HK$463.7b	HK$136.4b	10.4x	8x	2.4x
Sat, 18 Oct 2025	HK$926.5b	HK$455.5b	HK$140.7b	9.9x	6.6x	2x
Mon, 15 Sep 2025	HK$965.9b	HK$456.3b	HK$141.0b	8.1x	6.9x	2.1x
Wed, 13 Aug 2025	HK$937.7b	HK$472.6b	HK$149.0b	7.6x	6.3x	2x
Fri, 11 Jul 2025	HK$921.4b	HK$473.5b	HK$149.2b	7.5x	6.2x	1.9x
Sun, 08 Jun 2025	HK$912.1b	HK$472.4b	HK$148.7b	7.7x	6.1x	1.9x
Tue, 06 May 2025	HK$839.8b	HK$461.7b	HK$145.2b	8.3x	5.8x	1.8x
Thu, 03 Apr 2025	HK$934.8b	HK$468.6b	HK$149.2b	7.9x	6.3x	2x
Sat, 01 Mar 2025	HK$889.8b	HK$482.8b	HK$150.2b	8.6x	5.9x	1.8x
Mon, 27 Jan 2025	HK$921.0b	HK$485.5b	HK$151.1b	8.9x	6.1x	1.9x
Wed, 25 Dec 2024	HK$916.7b	HK$480.9b	HK$149.6b	10.6x	6.1x	1.9x
Fri, 22 Nov 2024	HK$859.1b	HK$485.5b	HK$151.1b	10.7x	5.7x	1.8x
Sun, 20 Oct 2024	HK$950.8b	HK$510.9b	HK$150.4b	12.7x	6.3x	1.9x
Tue, 17 Sep 2024	HK$918.1b	HK$512.8b	HK$151.0b	12.9x	6.1x	1.8x
Thu, 15 Aug 2024	HK$995.3b	HK$484.5b	HK$141.6b	7.4x	7x	2.1x
Sat, 13 Jul 2024	HK$1.1t	HK$478.2b	HK$139.7b	11.3x	8.1x	2.4x
Mon, 10 Jun 2024	HK$1.1t	HK$479.1b	HK$140.0b	10.7x	7.6x	2.2x
Wed, 08 May 2024	HK$997.4b	HK$481.6b	HK$140.8b	11.3x	7.1x	2.1x
Fri, 05 Apr 2024	HK$965.7b	HK$466.2b	HK$132.3b	9x	7.3x	2.1x
Sun, 03 Mar 2024	HK$818.2b	HK$467.4b	HK$141.4b	9.8x	5.8x	1.8x
Tue, 30 Jan 2024	HK$764.1b	HK$470.7b	HK$142.7b	7.2x	5.4x	1.6x
Thu, 28 Dec 2023	HK$671.6b	HK$472.7b	HK$143.2b	6.8x	4.7x	1.4x
Sat, 25 Nov 2023	HK$670.5b	HK$471.4b	HK$143.1b	6.7x	4.7x	1.4x
Mon, 23 Oct 2023	HK$708.2b	HK$456.7b	HK$145.8b	5.5x	4.9x	1.6x
Wed, 20 Sep 2023	HK$722.4b	HK$457.9b	HK$146.1b	5.5x	4.9x	1.6x
Fri, 18 Aug 2023	HK$667.2b	HK$477.6b	HK$152.7b	5.3x	4.4x	1.4x
Sun, 16 Jul 2023	HK$645.4b	HK$486.0b	HK$155.7b	4.7x	4.1x	1.3x

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 7.5x which is higher than its 3-year average PE of 6.6x.

The 3-year average PS ratio of 2.0x is lower than the industry's current PS ratio of 2.2x.

Past Earnings Growth

The earnings for companies in the Oil and Gas Exploration and Production industry have declined 2.4% 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	3.43%
Energy	5.19%
Oil and Gas	5.19%
Oil and Gas Exploration and Production	7.17%
Integrated Oil and Gas	6.24%
Coal and Fuels	2.68%
Oil and Gas Refining and Marketing	2.49%
Oil and Gas Storage and Transportation	-2.52%

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$21.80	6.9% +HK$66.5b	18.9%	PE7.2x
467 United Energy Group	HK$0.36	7.5% +HK$646.2m	-34.5%	PE8.3x
3395 JX Energy	HK$0.26	27.5% +HK$47.8m	-42.7%	PS5.8x
8270 China CBM Group	HK$0.47	13.4% +HK$21.5m	63.2%	PS3.3x
1555 MIE Holdings	HK$0.026	4.0% +HK$3.4m	-27.8%	PS0.1x

New minor risk - Share price stability

The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Hong Kong stocks, typically moving 11% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$3.9m free cash flow). Earnings have declined by 28% per year over the past 5 years. Shareholders have been substantially diluted in the past year (109% increase in shares outstanding). Revenue is less than US$1m. Minor Risks Share price has been volatile over the past 3 months (11% average weekly change). Market cap is less than US$100m (HK$192.1m market cap, or US$24.5m).

Hong Kong (HSI) Oil and Gas Exploration and Production Industry Analysis

Industry Valuation and Performance

Industry Comparison

Top Stock Gainers and Losers

Latest News

Full year 2026 earnings released: EPS: HK$0.057 (vs HK$0.24 in FY 2025)

CNOOC Limited to Report First Half, 2026 Results on Aug 31, 2026

CHK Oil Limited Approves Retirement of Wong Wai Yin Viola as Non- Executive Director

New minor risk - Share price stability

Executive Chairman recently bought HK$356k worth of stock

Now 21% undervalued after recent price drop

EPI (Holdings) Limited, Annual General Meeting, Jun 30, 2026

JX Energy Ltd., Annual General Meeting, Jun 23, 2026

Some Investors May Be Willing To Look Past United Energy Group's (HKG:467) Soft Earnings

Full year 2025 earnings released: CN¥0.15 loss per share (vs CN¥0.097 loss in FY 2024)