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Malaysian (KLSE) Energy Sector Analysis
UpdatedMay 28, 2026
DataAggregated Company Financials
Companies33
- 7D-2.5%
- 3M-1.4%
- 1Y10.0%
- YTD2.5%
Over the last 7 days, the Energy industry has dropped 4.3%, driven by a pullback from Dialog Group Berhad of 6.0%. Over the past 12 months, the industry was up 10%. As for the next few years, earnings are expected to grow by 5.4% per annum.
Sector Valuation and Performance
Has the Malaysian Energy Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 28 May 2026 | RM 38.7b | RM 60.0b | RM 7.1b | 7.8x | 5.4x | 0.6x |
| Sat, 25 Apr 2026 | RM 41.9b | RM 58.8b | RM 6.5b | 9.7x | 6.5x | 0.7x |
| Mon, 23 Mar 2026 | RM 40.5b | RM 59.1b | RM 6.7b | 9.3x | 6x | 0.7x |
| Wed, 18 Feb 2026 | RM 39.0b | RM 60.6b | RM 7.0b | 8x | 5.6x | 0.6x |
| Fri, 16 Jan 2026 | RM 38.4b | RM 60.7b | RM 6.8b | 8.3x | 5.7x | 0.6x |
| Sun, 14 Dec 2025 | RM 38.0b | RM 60.7b | RM 6.8b | 7.8x | 5.6x | 0.6x |
| Tue, 11 Nov 2025 | RM 35.3b | RM 57.3b | RM 2.7b | 7.6x | 12.9x | 0.6x |
| Thu, 09 Oct 2025 | RM 59.4b | RM 94.2b | RM 3.7b | 8.5x | 16.1x | 0.6x |
| Sat, 06 Sep 2025 | RM 56.9b | RM 95.0b | RM 3.8b | 8.3x | 15.1x | 0.6x |
| Mon, 04 Aug 2025 | RM 55.9b | RM 99.9b | RM 4.3b | 6.8x | 13x | 0.6x |
| Wed, 02 Jul 2025 | RM 54.3b | RM 100.5b | RM 4.4b | 6.3x | 12.3x | 0.5x |
| Fri, 30 May 2025 | RM 51.7b | RM 100.6b | RM 4.0b | 6.7x | 12.9x | 0.5x |
| Sun, 27 Apr 2025 | RM 48.0b | RM 105.5b | RM 4.4b | 6.3x | 10.8x | 0.5x |
| Tue, 25 Mar 2025 | RM 51.2b | RM 106.8b | RM 4.6b | 7.5x | 11.1x | 0.5x |
| Thu, 20 Feb 2025 | RM 54.4b | RM 112.2b | RM 4.2b | 7.2x | 13x | 0.5x |
| Sat, 18 Jan 2025 | RM 58.1b | RM 112.4b | RM 4.4b | 7.6x | 13.1x | 0.5x |
| Mon, 16 Dec 2024 | RM 58.7b | RM 112.4b | RM 4.4b | 7.7x | 13.3x | 0.5x |
| Wed, 13 Nov 2024 | RM 56.8b | RM 113.0b | RM 4.0b | 8.4x | 14.2x | 0.5x |
| Fri, 11 Oct 2024 | RM 59.3b | RM 113.0b | RM 4.0b | 9.4x | 14.8x | 0.5x |
| Sun, 08 Sep 2024 | RM 60.9b | RM 113.9b | RM 4.0b | 9.2x | 15.1x | 0.5x |
| Tue, 06 Aug 2024 | RM 55.9b | RM 109.8b | RM 3.2b | 10.7x | 17.4x | 0.5x |
| Thu, 04 Jul 2024 | RM 60.9b | RM 109.8b | RM 3.2b | 12.3x | 18.9x | 0.6x |
| Sat, 01 Jun 2024 | RM 60.1b | RM 109.0b | RM 3.0b | 11.2x | 19.9x | 0.6x |
| Mon, 29 Apr 2024 | RM 62.6b | RM 106.7b | RM 2.9b | 12x | 21.9x | 0.6x |
| Wed, 27 Mar 2024 | RM 60.4b | RM 106.7b | RM 2.9b | 11.3x | 21.1x | 0.6x |
| Fri, 23 Feb 2024 | RM 61.6b | RM 104.1b | RM 3.0b | 11.1x | 20.3x | 0.6x |
| Sun, 21 Jan 2024 | RM 55.7b | RM 104.2b | RM 2.0b | 9.3x | 27.2x | 0.5x |
| Tue, 19 Dec 2023 | RM 56.8b | RM 104.2b | RM 2.0b | 8.8x | 27.7x | 0.5x |
| Thu, 16 Nov 2023 | RM 59.6b | RM 105.4b | RM 1.3b | 9.2x | 46.1x | 0.6x |
| Sat, 14 Oct 2023 | RM 59.4b | RM 105.1b | RM 1.4b | 9.1x | 42x | 0.6x |
| Mon, 11 Sep 2023 | RM 59.0b | RM 103.6b | RM 1.3b | 9.1x | 44.8x | 0.6x |
| Wed, 09 Aug 2023 | RM 58.7b | RM 108.0b | RM 2.0b | 10.5x | 29.1x | 0.5x |
| Fri, 07 Jul 2023 | RM 56.6b | RM 108.0b | RM 2.0b | 10.1x | 28.1x | 0.5x |
| Sun, 04 Jun 2023 | RM 56.7b | RM 105.7b | RM 1.9b | 10.3x | 30.2x | 0.5x |
Price to Earnings Ratio
30.2x
Current Industry PE
- Investors are pessimistic on the Malaysian Energy industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 5.4x which is lower than its 3-year average PE of 18.4x.
- The industry is trading close to its 3-year average PS ratio of 0.56x.
Past Earnings Growth
- The earnings for companies in the Energy industry have grown 56% per year over the last three years.
- Meanwhile revenues for these companies have declined 17% per year.
- This means that less sales are being generated overall, but since cost of doing business is lower, profits have been increasing.
Industry Trends
Which industries have driven the changes within the Malaysian Energy sector?
| MY Market | -0.61% | |
| Energy | -2.45% | |
| Energy Services | -2.41% | |
| Oil and Gas | -2.65% | |
Industry PE
- Investors are most optimistic about the Oil and Gas industry even though it's trading below its 3-year average PE ratio of 34.8x.
- Analysts are expecting annual earnings growth of 14.6%, which is higher than its past year's earnings growth of 0.7% per year.
- Investors are most pessimistic about the Energy Services industry, which is trading below its 3-year average of 18.6x.
Forecasted Growth
- Analysts are most optimistic on the Oil and Gas industry, expecting annual earnings growth of 15% over the next 5 years.
- This is better than its past earnings growth rate of 0.7% per year.
- In contrast, the Energy Services industry is expected to see its earnings grow by 4.1% 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 | |
|---|---|---|---|---|---|
| HENGYUAN Hengyuan Refining Company Berhad | RM 1.29 | 10.3% +RM 72.0m | -19.4% | PE1.8x | |
| HIBISCS Hibiscus Petroleum Berhad | RM 2.10 | 2.4% +RM 36.9m | 48.9% | PE6.3x | |
| M&G Marine & General Berhad | RM 0.33 | 6.5% +RM 16.2m | 43.5% | PE5.5x | |
| KEYFIELD Keyfield International Berhad | RM 1.61 | 1.3% +RM 16.2m | -9.6% | PE7.3x | |
| PERDANA Perdana Petroleum Berhad | RM 0.19 | 2.7% +RM 11.1m | 8.6% | PE6.6x |
