Is Now The Time To Put Oil India (NSE:OIL) On Your Watchlist?
Dec 23
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Indian (NIFTY) Oil and Gas Exploration and Production Industry Analysis
UpdatedDec 23, 2024
DataAggregated Company Financials
Companies4
- 7D-6.9%
- 3M-27.0%
- 1Y65.6%
- YTDn/a
Over the last 7 days, the Oil and Gas Exploration and Production industry has dropped 6.9%, driven by Oil India declining 7.2%. On the other hand Gujarat Natural Resources is actually up 16%. This takes the industry's 12 month performance to a gain of 66%. As for the next few years, earnings are expected to grow by 3.8% per annum.
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 |
|---|---|---|---|---|---|---|
| Mon, 23 Dec 2024 | ₹726.4b | ₹351.1b | ₹86.2b | 15x | 8.4x | 2.1x |
| Wed, 20 Nov 2024 | ₹829.6b | ₹351.2b | ₹86.2b | 14.1x | 9.6x | 2.4x |
| Fri, 18 Oct 2024 | ₹898.2b | ₹353.2b | ₹70.4b | 14.2x | 12.8x | 2.5x |
| Sun, 15 Sep 2024 | ₹1.0t | ₹353.2b | ₹70.4b | 22.7x | 14.2x | 2.8x |
| Tue, 13 Aug 2024 | ₹1.1t | ₹353.6b | ₹70.6b | 23x | 16.1x | 3.2x |
| Thu, 11 Jul 2024 | ₹874.8b | ₹334.1b | ₹65.9b | 23.4x | 13.3x | 2.6x |
| Sat, 08 Jun 2024 | ₹702.8b | ₹334.1b | ₹65.9b | 20.4x | 10.7x | 2.1x |
| Mon, 06 May 2024 | ₹722.3b | ₹323.0b | ₹62.2b | 24.2x | 11.6x | 2.2x |
| Wed, 03 Apr 2024 | ₹716.8b | ₹323.0b | ₹62.2b | 19.5x | 11.5x | 2.2x |
| Fri, 01 Mar 2024 | ₹628.1b | ₹323.0b | ₹62.2b | 19.4x | 10.1x | 1.9x |
| Sun, 28 Jan 2024 | ₹471.8b | ₹319.6b | ₹61.5b | 19.4x | 7.7x | 1.5x |
| Tue, 26 Dec 2023 | ₹438.2b | ₹319.6b | ₹61.5b | 18.5x | 7.1x | 1.4x |
| Thu, 23 Nov 2023 | ₹359.4b | ₹319.6b | ₹61.5b | 17.5x | 5.8x | 1.1x |
| Sat, 21 Oct 2023 | ₹380.9b | ₹324.1b | ₹76.0b | 17.1x | 5x | 1.2x |
| Mon, 18 Sep 2023 | ₹338.2b | ₹324.0b | ₹76.0b | 9.9x | 4.4x | 1x |
| Wed, 16 Aug 2023 | ₹340.8b | ₹324.0b | ₹76.0b | 13.8x | 4.5x | 1.1x |
| Fri, 14 Jul 2023 | ₹311.4b | ₹367.9b | ₹89.5b | 14.4x | 3.5x | 0.8x |
| Sun, 11 Jun 2023 | ₹308.8b | ₹367.9b | ₹89.5b | 13.2x | 3.5x | 0.8x |
| Tue, 09 May 2023 | ₹307.4b | ₹412.0b | ₹91.9b | 14.1x | 3.3x | 0.7x |
| Thu, 06 Apr 2023 | ₹303.5b | ₹411.9b | ₹91.9b | 14.7x | 3.3x | 0.7x |
| Sat, 04 Mar 2023 | ₹301.4b | ₹411.9b | ₹91.9b | 14.7x | 3.3x | 0.7x |
| Mon, 30 Jan 2023 | ₹282.2b | ₹385.4b | ₹81.8b | 14.9x | 3.4x | 0.7x |
| Wed, 28 Dec 2022 | ₹251.1b | ₹385.3b | ₹81.8b | 16.5x | 3.1x | 0.7x |
| Fri, 25 Nov 2022 | ₹238.7b | ₹385.3b | ₹81.8b | 20.1x | 2.9x | 0.6x |
| Sun, 23 Oct 2022 | ₹233.8b | ₹356.9b | ₹74.3b | 28x | 3.1x | 0.7x |
| Tue, 20 Sep 2022 | ₹226.7b | ₹356.9b | ₹74.3b | 27.1x | 3.1x | 0.6x |
| Thu, 18 Aug 2022 | ₹232.3b | ₹356.9b | ₹74.3b | 17.6x | 3.1x | 0.7x |
| Sat, 16 Jul 2022 | ₹223.6b | ₹302.5b | ₹56.5b | 27.1x | 4x | 0.7x |
| Mon, 13 Jun 2022 | ₹357.8b | ₹302.5b | ₹56.5b | 30.4x | 6.3x | 1.2x |
| Wed, 11 May 2022 | ₹283.9b | ₹278.9b | ₹45.3b | 30x | 6.3x | 1x |
| Fri, 08 Apr 2022 | ₹288.8b | ₹278.8b | ₹45.3b | 38x | 6.4x | 1x |
| Sun, 06 Mar 2022 | ₹295.1b | ₹278.8b | ₹45.3b | 28.3x | 6.5x | 1.1x |
| Tue, 01 Feb 2022 | ₹292.8b | ₹264.9b | ₹46.2b | 31.3x | 6.3x | 1.1x |
| Thu, 30 Dec 2021 | ₹227.7b | ₹264.9b | ₹46.2b | 27.8x | 4.9x | 0.9x |
Price to Earnings Ratio
4.9x
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 8.4x which is higher than its 3-year average PE of 6.8x.
- The 3-year average PS ratio of 1.4x is lower than the industry's current PS ratio of 2.1x.
Past Earnings Growth
- The earnings for companies in the Oil and Gas Exploration and Production industry have grown 23% per year over the last three years.
- Revenues for these companies have grown 9.8% 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 | -4.26% | |
| Energy | -5.31% | |
| Oil and Gas | -5.33% | |
| Oil and Gas Exploration and Production | -6.88% | |
| Oil and Gas Storage and Transportation | -0.026% | |
| Oil and Gas Refining and Marketing | -5.11% | |
| Integrated Oil and Gas | -6.75% | |
| Coal and Fuels | -6.97% | |
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 | |
|---|---|---|---|---|---|
| 513536 Gujarat Natural Resources | ₹19.29 | 8.7% +₹159.8m | -11.4% | PS7.8x |