Narrative Update • Jul 24

Over the last 7 days, the Oil and Gas Services industry has risen 3.3%, driven by gains from every company within the industry. In the last 12 months, the industry was up 66%. As for the next few years, earnings are expected to grow by 5.4% per annum.
Has the Italian Oil and Gas Services Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 26 Jul 2026 | €35.3b | €27.0b | €2.1b | 26.6x | 17x | 1.3x |
| Tue, 23 Jun 2026 | €35.2b | €26.9b | €2.1b | 26.2x | 17x | 1.3x |
| Thu, 21 May 2026 | €35.9b | €26.7b | €2.0b | 26.6x | 17.6x | 1.3x |
| Sat, 18 Apr 2026 | €33.2b | €26.4b | €2.0b | 24.2x | 16.7x | 1.3x |
| Mon, 16 Mar 2026 | €30.9b | €26.7b | €2.0b | 21.3x | 15.2x | 1.2x |
| Wed, 11 Feb 2026 | €27.3b | €26.0b | €2.0b | 19.7x | 13.4x | 1x |
| Fri, 09 Jan 2026 | €23.3b | €26.2b | €2.1b | 15.4x | 11.3x | 0.9x |
| Sun, 07 Dec 2025 | €24.0b | €26.3b | €2.1b | 14.9x | 11.6x | 0.9x |
| Tue, 04 Nov 2025 | €24.0b | €26.4b | €2.1b | 13.8x | 11.5x | 0.9x |
| Thu, 02 Oct 2025 | €22.2b | €26.0b | €2.1b | 14.8x | 10.8x | 0.9x |
| Sat, 30 Aug 2025 | €21.4b | €26.0b | €2.1b | 14.3x | 10.4x | 0.8x |
| Mon, 28 Jul 2025 | €21.9b | €26.1b | €1.9b | 12.9x | 11.6x | 0.8x |
| Wed, 25 Jun 2025 | €21.3b | €25.9b | €1.9b | 12.7x | 11.1x | 0.8x |
| Fri, 23 May 2025 | €19.6b | €26.2b | €2.0b | 9.6x | 10x | 0.7x |
| Sun, 20 Apr 2025 | €19.4b | €26.1b | €2.1b | 8.7x | 9.1x | 0.7x |
| Tue, 18 Mar 2025 | €23.4b | €26.4b | €2.2b | 13.6x | 10.8x | 0.9x |
| Thu, 13 Feb 2025 | €25.1b | €26.6b | €2.9b | 14.7x | 8.8x | 0.9x |
| Sat, 11 Jan 2025 | €26.0b | €26.8b | €2.9b | 17.4x | 9x | 1x |
| Mon, 09 Dec 2024 | €24.9b | €26.4b | €2.8b | 15.9x | 8.8x | 0.9x |
| Wed, 06 Nov 2024 | €21.7b | €26.3b | €2.8b | 14.3x | 7.7x | 0.8x |
| Fri, 04 Oct 2024 | €20.3b | €25.5b | €2.8b | 14.6x | 7.4x | 0.8x |
| Sun, 01 Sep 2024 | €18.7b | €25.4b | €2.7b | 15.1x | 6.8x | 0.7x |
| Tue, 30 Jul 2024 | €20.7b | €26.4b | €3.5b | 16.7x | 5.9x | 0.8x |
| Thu, 27 Jun 2024 | €20.6b | €25.9b | €3.6b | 18.9x | 5.8x | 0.8x |
| Sat, 25 May 2024 | €22.6b | €25.7b | €3.5b | 19x | 6.5x | 0.9x |
| Mon, 22 Apr 2024 | €25.0b | €26.2b | €3.9b | 24.2x | 6.5x | 1x |
| Wed, 20 Mar 2024 | €25.0b | €25.9b | €3.8b | 18.4x | 6.6x | 1x |
| Fri, 16 Feb 2024 | €20.3b | €25.6b | €3.3b | 11.4x | 6.2x | 0.8x |
| Sun, 14 Jan 2024 | €20.2b | €25.4b | €3.2b | 11.9x | 6.3x | 0.8x |
| Tue, 12 Dec 2023 | €21.1b | €25.7b | €3.3b | 10.6x | 6.4x | 0.8x |
| Thu, 09 Nov 2023 | €21.5b | €25.7b | €3.3b | 10.1x | 6.5x | 0.8x |
| Sat, 07 Oct 2023 | €20.3b | €25.5b | €3.3b | 10x | 6.1x | 0.8x |
| Mon, 04 Sep 2023 | €20.7b | €25.2b | €3.3b | 18.6x | 6.4x | 0.8x |
| Wed, 02 Aug 2023 | €20.8b | €23.8b | €2.8b | 18.8x | 7.6x | 0.9x |
7.6x
How does Italian Oil and Gas Services compare with similar industries?
| IT Market | 0.24% | |
| Energy | 5.16% | |
| Energy Services | 3.33% | |
| Oil and Gas Services | 3.33% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| TEN Tenaris | €25.52 | 2.9% +€737.0m | 57.6% | PE14.9x | |
| SPM Saipem | €4.41 | 4.9% +€399.7m | 91.1% | PE27.4x | |
| ETI ETI | €5.60 | 0.9% +€52.8k | n/a | PE34x |