Oil India Limited (NSE:OIL) Stock Rockets 25% But Many Are Still Ignoring The Company
Jul 21
Indian (NIFTY) Oil and Gas Exploration and Production Industry Analysis
UpdatedJul 26, 2024
DataAggregated Company Financials
Companies5
- 7D-2.7%
- 3M34.7%
- 1Y191.3%
- YTDn/a
Over the last 7 days, the Oil and Gas Exploration and Production industry has dropped 2.7%, driven by a pullback from Oil India of 1.8%. Meanwhile, Hindustan Oil Exploration actually outperformed within the industry, gaining 10.0% in the last week. Over the past 12 months, the industry was up 191%. Earnings are forecast to grow by 8.6% annually.
Industry Valuation and Performance
Has the Indian Oil and Gas Exploration and Production Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 26 Jul 2024 | ₹970.1b | ₹334.1b | ₹65.9b | 25.4x | 14.7x | 2.9x |
| Sun, 23 Jun 2024 | ₹796.6b | ₹334.1b | ₹65.9b | 22.4x | 12.1x | 2.4x |
| Tue, 21 May 2024 | ₹739.5b | ₹323.4b | ₹62.3b | 21x | 11.9x | 2.3x |
| Thu, 18 Apr 2024 | ₹713.4b | ₹323.0b | ₹62.2b | 24.5x | 11.5x | 2.2x |
| Sat, 16 Mar 2024 | ₹632.7b | ₹323.0b | ₹62.2b | 17.3x | 10.2x | 2x |
| Mon, 12 Feb 2024 | ₹594.3b | ₹319.6b | ₹61.5b | 19.2x | 9.7x | 1.9x |
| Wed, 10 Jan 2024 | ₹438.0b | ₹319.6b | ₹61.5b | 18.2x | 7.1x | 1.4x |
| Fri, 08 Dec 2023 | ₹374.0b | ₹319.6b | ₹61.5b | 18.1x | 6.1x | 1.2x |
| Sun, 05 Nov 2023 | ₹359.0b | ₹324.0b | ₹76.0b | 17x | 4.7x | 1.1x |
| Tue, 03 Oct 2023 | ₹354.6b | ₹324.0b | ₹76.0b | 16.7x | 4.7x | 1.1x |
| Thu, 31 Aug 2023 | ₹328.0b | ₹324.0b | ₹76.0b | 9.7x | 4.3x | 1x |
| Sat, 29 Jul 2023 | ₹330.7b | ₹367.9b | ₹89.5b | 15.3x | 3.7x | 0.9x |
| Mon, 26 Jun 2023 | ₹297.4b | ₹367.9b | ₹89.5b | 14.1x | 3.3x | 0.8x |
| Wed, 24 May 2023 | ₹320.1b | ₹412.0b | ₹91.9b | 13.2x | 3.5x | 0.8x |
| Fri, 21 Apr 2023 | ₹298.1b | ₹411.9b | ₹91.9b | 13.9x | 3.2x | 0.7x |
| Sun, 19 Mar 2023 | ₹299.1b | ₹411.9b | ₹91.9b | 13.6x | 3.3x | 0.7x |
| Tue, 14 Feb 2023 | ₹285.2b | ₹417.4b | ₹91.7b | 15.7x | 3.1x | 0.7x |
| Thu, 12 Jan 2023 | ₹264.7b | ₹385.3b | ₹81.8b | 15.7x | 3.2x | 0.7x |
| Sat, 10 Dec 2022 | ₹246.1b | ₹385.3b | ₹81.8b | 18.1x | 3x | 0.6x |
| Mon, 07 Nov 2022 | ₹236.6b | ₹357.1b | ₹74.3b | 21.3x | 3.2x | 0.7x |
| Wed, 05 Oct 2022 | ₹223.6b | ₹356.9b | ₹74.3b | 26.9x | 3x | 0.6x |
| Fri, 02 Sep 2022 | ₹235.6b | ₹356.9b | ₹74.3b | 23.3x | 3.2x | 0.7x |
| Sun, 31 Jul 2022 | ₹233.2b | ₹302.5b | ₹56.5b | 29.6x | 4.1x | 0.8x |
| Tue, 28 Jun 2022 | ₹280.9b | ₹302.5b | ₹56.5b | 27.3x | 5x | 0.9x |
| Thu, 26 May 2022 | ₹273.6b | ₹278.8b | ₹45.3b | 29.8x | 6x | 1x |
| Sat, 23 Apr 2022 | ₹288.4b | ₹278.8b | ₹45.3b | 35.4x | 6.4x | 1x |
| Mon, 21 Mar 2022 | ₹270.9b | ₹278.8b | ₹45.3b | 29x | 6x | 1x |
| Wed, 16 Feb 2022 | ₹273.5b | ₹278.7b | ₹45.3b | 28.8x | 6x | 1x |
| Fri, 14 Jan 2022 | ₹274.8b | ₹264.9b | ₹46.2b | 32.4x | 6x | 1x |
| Sun, 12 Dec 2021 | ₹249.4b | ₹264.9b | ₹46.2b | 30.7x | 5.4x | 0.9x |
| Tue, 09 Nov 2021 | ₹269.4b | ₹247.0b | ₹43.5b | 30.9x | 6.2x | 1.1x |
| Thu, 07 Oct 2021 | ₹299.8b | ₹246.9b | ₹43.5b | 30.3x | 6.9x | 1.2x |
| Sat, 04 Sep 2021 | ₹222.2b | ₹246.9b | ₹43.5b | 36.1x | 5.1x | 0.9x |
| Mon, 02 Aug 2021 | ₹203.0b | ₹246.9b | ₹43.5b | 34.5x | 4.7x | 0.8x |
Price to Earnings Ratio
4.7x
Current Industry PE
- Investors are optimistic on the Indian Oil and Gas Exploration and Production industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 14.7x which is higher than its 3-year average PE of 5.8x.
- The 3-year average PS ratio of 1.1x is lower than the industry's current PS ratio of 2.9x.
Past Earnings Growth
- The earnings for companies in the Oil and Gas Exploration and Production industry have grown 15% per year over the last three years.
- Revenues for these companies have grown 11% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Comparison
How does Indian Oil and Gas Exploration and Production compare with similar industries?
| IN Market | -1.05% | |
| Energy | -3.25% | |
| Oil and Gas | -3.26% | |
| Oil and Gas Exploration and Production | -2.69% | |
| Oil and Gas Storage and Transportation | 2.47% | |
| Integrated Oil and Gas | 1.24% | |
| Coal and Fuels | -2.16% | |
| Oil and Gas Refining and Marketing | -4.36% | |
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 | |
|---|---|---|---|---|---|
| 500186 Hindustan Oil Exploration | ₹266.60 | 10.0% +₹3.2b | 18.6% | PE15.6x | |
| 530075 Selan Exploration Technology | ₹772.55 | 7.8% +₹846.6m | 115.5% | PE35.9x |