PETRONAS Dagangan Berhad (KLSE:PETDAG) Has Announced That It Will Be Increasing Its Dividend To RM0.20
The board of PETRONAS Dagangan Berhad ( KLSE:PETDAG ) has announced that it will be increasing its dividend on the 24th...
Has the Malaysian Oil and Gas Industry valuation changed over the past few years?
|Tue, 30 Nov 2021||RM24.3b||RM38.0b||RM1.1b||8.2x|
|Thu, 28 Oct 2021||RM25.7b||RM37.3b||RM1.1b||11.3x|
|Sat, 25 Sep 2021||RM23.2b||RM37.2b||RM1.1b||8.4x|
|Mon, 23 Aug 2021||RM23.0b||RM37.2b||RM1.1b||8.2x|
|Sat, 10 Jul 2021||RM23.2b||RM37.2b||RM1.1b||9.2x|
|Fri, 02 Apr 2021||RM24.8b||RM32.4b||RM742.6m||7.2x|
|Mon, 04 Jan 2021||RM26.2b||RM34.4b||RM187.6m||24.8x|
|Thu, 08 Oct 2020||RM22.9b||RM40.7b||RM165.5m||15.6x|
|Wed, 01 Jul 2020||RM24.2b||RM46.5b||RM50.5m||13.4x|
|Sat, 04 Apr 2020||RM23.5b||RM55.5b||RM457.5m||9.5x|
|Tue, 07 Jan 2020||RM27.8b||RM56.9b||RM1.1b||10.7x|
|Mon, 30 Sep 2019||RM28.6b||RM56.3b||RM924.7m||20.2x|
|Thu, 04 Jul 2019||RM31.0b||RM55.9b||RM986.1m||17.1x|
|Sun, 07 Apr 2019||RM31.1b||RM55.8b||RM1.4b||8.5x|
|Wed, 09 Jan 2019||RM31.6b||RM55.7b||RM1.5b||18.9x|
Current Industry PE: Investors are relatively neutral on the industry at the moment, considering it's trading close to its 3-year average PE ratio of 14.1x. It appears they believe that earnings will grow in-line with historical growth rates.
Past Earnings Growth: The earnings for companies in the Oil and Gas industry have declined 18% per year over the last three years, and revenues have also declined 12% per year. This means overall sales from these companies are declining and profits are subsequently falling as well.
Which industries have driven the changes within the Malaysian Oil and Gas industry?
|Oil and Gas Refining and Marketing||-1.59%|
|Oil and Gas Exploration and Production||-2.77%|
|Oil and Gas Storage and Transportation||-7.82%|
|Coal and Fuels||-21.51%|
Industry PE: Investors are most optimistic about the Oil and Gas Storage and Transportation industry, which is trading close to its 3-year average PE ratio of 18.7x. It looks like they are confident that earnings will grow faster in the future than they have historically. Meanwhile, investors are most pessimistic about the Oil and Gas Exploration and Production industry. Although, investor sentiment seems to have improved given its trading above its 3-year average of 8.5x.
Forecasted Growth: Analysts are most optimistic on the Oil and Gas Exploration and Production industry, expecting annual earnings growth of 30% over the next 5 years. Meanwhile, the Oil and Gas Refining and Marketing industry is expected to see its earnings grow by 18% per year over the next few years.
Which companies have driven the market over the last 7 days?
|No data available|
PETRONAS Dagangan Berhad
Hengyuan Refining Company Berhad
Heng Huat Resources Group Berhad
Hibiscus Petroleum Berhad
KUB Malaysia Berhad
Reach Energy Berhad