Narrative Update • Jun 02
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Italian (Borsa Italiana) Oil and Gas Services Industry Analysis
UpdatedJun 10, 2026
DataAggregated Company Financials
Companies3
- 7D-2.8%
- 3M16.2%
- 1Y70.7%
- YTDn/a
The Oil and Gas Services industry is up 4.4% in the last week, with Tenaris up 3.9%. This means that the industry has gained 82% over the past year. Looking forward, earnings are forecast to grow by 4.4% annually.
Industry Valuation and Performance
Has the Italian Oil and Gas Services Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 10 Jun 2026 | €36.1b | €26.8b | €2.1b | 26.2x | 17.6x | 1.3x |
| Fri, 08 May 2026 | €36.7b | €26.4b | €2.0b | 25.7x | 18.4x | 1.4x |
| Sun, 05 Apr 2026 | €34.3b | €26.6b | €2.0b | 25.2x | 17x | 1.3x |
| Tue, 03 Mar 2026 | €31.3b | €26.3b | €2.0b | 22.5x | 15.8x | 1.2x |
| Thu, 29 Jan 2026 | €25.7b | €26.0b | €2.0b | 18.4x | 12.7x | 1x |
| Sat, 27 Dec 2025 | €22.6b | €26.1b | €2.1b | 14.8x | 11x | 0.9x |
| Mon, 24 Nov 2025 | €23.4b | €26.4b | €2.1b | 13.8x | 11.2x | 0.9x |
| Wed, 22 Oct 2025 | €21.0b | €26.2b | €2.1b | 13.7x | 10.1x | 0.8x |
| Fri, 19 Sep 2025 | €20.8b | €25.9b | €2.1b | 14.2x | 10.1x | 0.8x |
| Sun, 17 Aug 2025 | €21.1b | €26.0b | €2.1b | 13.6x | 10.2x | 0.8x |
| Tue, 15 Jul 2025 | €22.2b | €25.9b | €1.9b | 12.4x | 11.7x | 0.9x |
| Thu, 12 Jun 2025 | €21.9b | €26.1b | €1.9b | 14.2x | 11.3x | 0.8x |
| Sat, 10 May 2025 | €20.6b | €26.3b | €2.0b | 10.1x | 10.5x | 0.8x |
| Mon, 07 Apr 2025 | €20.3b | €26.6b | €2.2b | 8.9x | 9.2x | 0.8x |
| Wed, 05 Mar 2025 | €22.3b | €26.8b | €2.2b | 13.1x | 9.9x | 0.8x |
| Fri, 31 Jan 2025 | €24.4b | €26.6b | €2.9b | 15x | 8.6x | 0.9x |
| Sun, 29 Dec 2024 | €24.9b | €26.6b | €2.9b | 16x | 8.7x | 0.9x |
| Tue, 26 Nov 2024 | €24.6b | €26.5b | €2.8b | 15.1x | 8.6x | 0.9x |
| Thu, 24 Oct 2024 | €20.5b | €25.8b | €2.8b | 15.1x | 7.3x | 0.8x |
| Sat, 21 Sep 2024 | €18.8b | €25.3b | €2.7b | 15.1x | 6.9x | 0.7x |
| Mon, 19 Aug 2024 | €18.3b | €25.5b | €2.8b | 15.1x | 6.7x | 0.7x |
| Wed, 17 Jul 2024 | €21.1b | €25.7b | €3.5b | 19.5x | 6x | 0.8x |
| Fri, 14 Jun 2024 | €21.1b | €25.9b | €3.5b | 16.7x | 6x | 0.8x |
| Sun, 12 May 2024 | €22.8b | €25.8b | €3.5b | 17.8x | 6.5x | 0.9x |
| Tue, 09 Apr 2024 | €26.1b | €25.9b | €3.8b | 24.3x | 6.9x | 1x |
| Thu, 07 Mar 2024 | €23.9b | €25.9b | €3.8b | 18.7x | 6.3x | 0.9x |
| Sat, 03 Feb 2024 | €20.3b | €25.6b | €3.3b | 11.5x | 6.2x | 0.8x |
| Mon, 01 Jan 2024 | €21.5b | €25.3b | €3.2b | 12.3x | 6.7x | 0.9x |
| Wed, 29 Nov 2023 | €21.1b | €25.4b | €3.2b | 9.9x | 6.6x | 0.8x |
| Fri, 27 Oct 2023 | €20.6b | €25.5b | €3.3b | 10x | 6.2x | 0.8x |
| Sun, 24 Sep 2023 | €20.4b | €25.4b | €3.3b | 19x | 6.2x | 0.8x |
| Tue, 22 Aug 2023 | €21.0b | €25.0b | €3.2b | 18.1x | 6.5x | 0.8x |
| Thu, 20 Jul 2023 | €17.2b | €12.4b | €2.8b | 18.7x | 6x | 1.4x |
| Sat, 17 Jun 2023 | €15.3b | €12.7b | €2.9b | 17.1x | 5.3x | 1.2x |
Price to Earnings Ratio
5.3x
Current Industry PE
- There are only 3 companies in the Italian Oil and Gas Equipment and Services industry, so there is insufficient data to make an industry-wide assessment of both the PE and PS ratio.
Past Earnings Growth
- The earnings for companies in the Oil and Gas Equipment and Services industry have declined 11% per year over the last three years.
- Meanwhile revenues for these companies have grown 28% per year.
- This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.
Industry Comparison
How does Italian Oil and Gas Services compare with similar industries?
| IT Market | 0.21% | |
| Energy | -1.02% | |
| Energy Services | -2.80% | |
| Oil and Gas Services | -2.80% | |
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 | |
|---|---|---|---|---|---|
| SPM Saipem | €4.43 | 2.7% +€225.1m | 86.9% | PE27.5x |