Little Excitement Around Coal India Limited's (NSE:COALINDIA) Earnings
Apr 25
Indian (NIFTY) Oil and Gas Industry Analysis
UpdatedApr 26, 2024
DataAggregated Company Financials
Companies29
- 7D1.1%
- 3M13.0%
- 1Y43.8%
- YTD19.8%
Oil and Natural Gas is up 2.8%, leading the way for the Oil and Gas industry, which has gained 1.1%. This means that the industry has gained 44% over the past year. Earnings are forecast to grow by 5.0% annually.
Industry Valuation and Performance
Has the Indian Oil and Gas Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 26 Apr 2024 | ₹31.6t | ₹35.6t | ₹2.6t | 13.4x | 12.4x | 0.9x |
| Sun, 24 Mar 2024 | ₹30.8t | ₹35.3t | ₹2.6t | 11.1x | 12x | 0.9x |
| Tue, 20 Feb 2024 | ₹32.1t | ₹35.3t | ₹2.6t | 13.6x | 12.6x | 0.9x |
| Thu, 18 Jan 2024 | ₹28.0t | ₹35.3t | ₹2.4t | 10.1x | 11.5x | 0.8x |
| Sat, 16 Dec 2023 | ₹25.3t | ₹35.3t | ₹2.4t | 9.5x | 10.4x | 0.7x |
| Mon, 13 Nov 2023 | ₹23.2t | ₹35.5t | ₹2.4t | 9.8x | 9.8x | 0.7x |
| Wed, 11 Oct 2023 | ₹22.6t | ₹36.2t | ₹2.0t | 11.3x | 11.3x | 0.6x |
| Fri, 08 Sep 2023 | ₹23.2t | ₹36.2t | ₹2.0t | 11.2x | 11.6x | 0.6x |
| Sun, 06 Aug 2023 | ₹23.3t | ₹36.9t | ₹2.0t | 10.9x | 11.6x | 0.6x |
| Tue, 04 Jul 2023 | ₹23.8t | ₹37.5t | ₹1.6t | 13.4x | 15x | 0.6x |
| Thu, 01 Jun 2023 | ₹22.7t | ₹37.5t | ₹1.6t | 11.8x | 14.4x | 0.6x |
| Sat, 29 Apr 2023 | ₹22.3t | ₹36.5t | ₹1.6t | 10.6x | 14.1x | 0.6x |
| Mon, 27 Mar 2023 | ₹20.4t | ₹36.4t | ₹1.5t | 10.6x | 13.2x | 0.6x |
| Wed, 22 Feb 2023 | ₹21.9t | ₹36.5t | ₹1.5t | 10.2x | 14.2x | 0.6x |
| Fri, 20 Jan 2023 | ₹22.4t | ₹34.8t | ₹1.6t | 10.3x | 14.2x | 0.6x |
| Sun, 18 Dec 2022 | ₹22.8t | ₹34.8t | ₹1.6t | 11.1x | 14.5x | 0.7x |
| Tue, 15 Nov 2022 | ₹22.9t | ₹34.4t | ₹1.7t | 11.4x | 13.7x | 0.7x |
| Thu, 13 Oct 2022 | ₹21.0t | ₹32.0t | ₹1.8t | 17.8x | 11.7x | 0.7x |
| Sat, 10 Sep 2022 | ₹22.6t | ₹32.0t | ₹1.8t | 17.2x | 12.6x | 0.7x |
| Mon, 08 Aug 2022 | ₹22.2t | ₹31.4t | ₹1.7t | 12.7x | 13.4x | 0.7x |
| Wed, 06 Jul 2022 | ₹21.2t | ₹28.2t | ₹1.8t | 11.8x | 11.8x | 0.8x |
| Fri, 03 Jun 2022 | ₹23.0t | ₹28.2t | ₹1.8t | 12.2x | 12.8x | 0.8x |
| Sun, 01 May 2022 | ₹25.4t | ₹25.6t | ₹1.8t | 20.8x | 14.1x | 1x |
| Tue, 29 Mar 2022 | ₹24.3t | ₹25.3t | ₹1.8t | 23.9x | 13.6x | 1x |
| Thu, 24 Feb 2022 | ₹21.2t | ₹25.3t | ₹1.8t | 18.9x | 11.9x | 0.8x |
| Sat, 22 Jan 2022 | ₹22.1t | ₹22.7t | ₹1.6t | 21.9x | 13.6x | 1x |
| Mon, 20 Dec 2021 | ₹20.7t | ₹22.7t | ₹1.6t | 20.8x | 12.7x | 0.9x |
| Wed, 17 Nov 2021 | ₹22.9t | ₹22.8t | ₹1.5t | 17.1x | 15.4x | 1x |
| Fri, 15 Oct 2021 | ₹23.9t | ₹20.9t | ₹1.4t | 15.8x | 17.1x | 1.1x |
| Sun, 12 Sep 2021 | ₹21.2t | ₹20.9t | ₹1.4t | 15.4x | 15.2x | 1x |
| Tue, 10 Aug 2021 | ₹18.7t | ₹20.9t | ₹1.4t | 16.5x | 13.4x | 0.9x |
| Mon, 03 May 2021 | ₹17.8t | ₹18.0t | ₹1.3t | 12.3x | 13.9x | 1x |
Price to Earnings Ratio
13.9x
Current Industry PE
- Investors are relatively neutral on the Indian Oil and Gas industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PE ratio of 13.1x.
- The industry is trading close to its 3-year average PS ratio of 0.79x.
Past Earnings Growth
- The earnings for companies in the Oil and Gas industry have grown 26% per year over the last three years.
- Revenues for these companies have grown 25% 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 Indian Energy industry?
| IN Market | 2.82% | |
| Energy | 1.07% | |
| Oil and Gas | 1.05% | |
| Oil and Gas Storage and Transportation | 5.20% | |
| Coal and Fuels | 3.41% | |
| Integrated Oil and Gas | 2.85% | |
| Oil and Gas Exploration and Production | 1.46% | |
| Oil and Gas Refining and Marketing | 0.34% | |
Industry PE
- Investors are most optimistic about the Oil and Gas Refining and Marketing industry even though it's trading below its 3-year average PE ratio of 18.6x.
- Analysts are expecting annual earnings growth of 4.7%, which is lower than the prior year's growth of 10.8% per year.
- Investors are most pessimistic about the Integrated Oil and Gas industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 5.7x.
Forecasted Growth
- Analysts are most optimistic on the Oil and Gas Exploration and Production industry, expecting annual earnings growth of 9.3% over the next 5 years.
- This is better than its past earnings growth rate of 3.5% per year.
- In contrast, the Oil and Gas Storage and Transportation industry is expected to see its earnings grow 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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| ONGC Oil and Natural Gas | ₹281.95 | 2.8% +₹98.1b | 76.2% | PE8.5x | |
| COALINDIA Coal India | ₹452.45 | 3.2% +₹85.4b | 95.2% | PE9.5x | |
| 500109 Mangalore Refinery and Petrochemicals | ₹249.95 | 12.0% +₹46.8b | 310.0% | PE10x | |
| AEGISCHEM Aegis Logistics | ₹600.15 | 19.1% +₹33.8b | 53.3% | PE41x | |
| BPCL Bharat Petroleum | ₹603.40 | 2.3% +₹29.9b | 69.7% | PE4.5x |
