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Malaysian (KLSE) Oil and Gas Industry Analysis

UpdatedJan 16, 2026
DataAggregated Company Financials
Companies11
  • 7D1.0%
  • 3M10.1%
  • 1Y2.5%
  • YTD2.6%

Last week, the Oil and Gas industry hasn't moved much but Petron Malaysia Refining & Marketing Bhd is up 5.3% in that time. In line with that, the industry has also been flat over the past 12 months. Earnings are forecast to grow by 24% annually.

Industry Valuation and Performance

Has the Malaysian Oil and Gas Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 16 Jan 2026RM 7.1bRM 34.1bRM 46.0m11.8x154.5x0.2x
Sun, 14 Dec 2025RM 6.9bRM 34.1bRM 46.0m11.9x149.1x0.2x
Tue, 11 Nov 2025RM 5.3bRM 34.0b-RM 229,822,673.0013.5x-23x0.2x
Thu, 09 Oct 2025RM 28.0bRM 70.9bRM 913.5m18.8x30.6x0.4x
Sat, 06 Sep 2025RM 26.7bRM 70.9bRM 913.5m15.9x29.2x0.4x
Mon, 04 Aug 2025RM 26.2bRM 74.3bRM 1.0b15.2x26x0.4x
Wed, 02 Jul 2025RM 26.1bRM 74.0bRM 1.0b14.5x25.3x0.4x
Fri, 30 May 2025RM 25.0bRM 74.1bRM 1.0b15.9x24x0.3x
Sun, 27 Apr 2025RM 23.5bRM 78.0bRM 1.4b13.8x17.3x0.3x
Tue, 25 Mar 2025RM 22.7bRM 78.0bRM 1.4b13.5x16.7x0.3x
Thu, 20 Feb 2025RM 24.0bRM 82.1bRM 1.1b10.1x21.4x0.3x
Sat, 18 Jan 2025RM 24.6bRM 82.1bRM 1.1b10.6x22.4x0.3x
Mon, 16 Dec 2024RM 25.7bRM 82.1bRM 1.1b12x23.4x0.3x
Wed, 13 Nov 2024RM 23.1bRM 82.1bRM 1.0b10.5x22.5x0.3x
Fri, 11 Oct 2024RM 23.7bRM 82.1bRM 1.0b12.5x23.1x0.3x
Sun, 08 Sep 2024RM 24.8bRM 82.1bRM 1.0b11.7x24.2x0.3x
Tue, 06 Aug 2024RM 21.8bRM 78.9bRM 1.1b15.1x19.8x0.3x
Thu, 04 Jul 2024RM 22.5bRM 78.9bRM 1.1b18.6x20.4x0.3x
Sat, 01 Jun 2024RM 24.8bRM 78.1bRM 1.1b10.6x22x0.3x
Mon, 29 Apr 2024RM 27.0bRM 76.4bRM 1.1b9.9x25.5x0.4x
Wed, 27 Mar 2024RM 26.7bRM 76.4bRM 1.1b10.6x25.2x0.3x
Fri, 23 Feb 2024RM 27.8bRM 74.7bRM 1.1b8.5x26.1x0.4x
Sun, 21 Jan 2024RM 25.9bRM 74.8bRM 1.0b8.7x24.8x0.3x
Tue, 19 Dec 2023RM 27.3bRM 74.8bRM 1.0b8.7x26.1x0.4x
Thu, 16 Nov 2023RM 28.1bRM 77.4bRM 433.1m9.2x64.8x0.4x
Sat, 14 Oct 2023RM 27.8bRM 77.4bRM 433.1m8.2x64.2x0.4x
Mon, 11 Sep 2023RM 27.7bRM 77.4bRM 433.1m7.8x64x0.4x
Wed, 09 Aug 2023RM 27.6bRM 83.5bRM 1.4b10.7x20.1x0.3x
Fri, 07 Jul 2023RM 26.4bRM 83.5bRM 1.4b10.7x19.2x0.3x
Sun, 04 Jun 2023RM 26.2bRM 83.5bRM 1.4b10.3x19.1x0.3x
Tue, 02 May 2023RM 27.5bRM 82.7bRM 1.5b12x18.2x0.3x
Thu, 30 Mar 2023RM 26.0bRM 82.7bRM 1.5b12.7x17.2x0.3x
Sat, 25 Feb 2023RM 27.5bRM 82.2bRM 2.1b13x13.1x0.3x
Mon, 23 Jan 2023RM 28.4bRM 77.9bRM 2.1b16.5x13.2x0.4x
Price to Earnings Ratio

13.2x


Total Market Cap: RM 28.4bTotal Earnings: RM 2.1bTotal Revenue: RM 77.9bTotal Market Cap vs Earnings and Revenue0%0%0%
Malaysian Oil and Gas Industry Price to Earnings3Y Average 27.9x202420252026
Current Industry PE
  • Investors are optimistic on the Malaysian Oil and Gas industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 154x which is higher than its 3-year average PE of 27.9x.
  • The industry is trading close to its 3-year average PS ratio of 0.32x.
Past Earnings Growth
  • The earnings for companies in the Oil and Gas industry have declined 72% per year over the last three years,
  • Revenues have also declined 24% per year.
  • This means overall sales from these companies are declining and profits are subsequently falling as well.

Industry Trends

Which industries have driven the changes within the Malaysian Energy industry?

MY Market2.26%
Energy1.88%
Oil and Gas0.96%
Oil and Gas Refining and Marketing5.76%
Oil and Gas Exploration and Production1.96%
Coal and Fuels-0.71%
Oil and Gas Storage and Transportation-1.31%
Industry PE
  • Investors are most optimistic about the Coal and Fuels industry which is trading above its 3-year average PE ratio of 20.3x.
    • Analysts are expecting annual earnings growth of 25.6%, which is higher than its past year's earnings decline of 2.4% per year.
Forecasted Growth
  • Analysts are most optimistic on the Oil and Gas Exploration and Production industry, expecting annual earnings growth of 29% over the next 5 years.
  • This is better than its past earnings decline of 84% per year.
  • In contrast, the Oil and Gas Storage and Transportation industry is expected to see its earnings growth to stay flat over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
HENGYUAN Hengyuan Refining Company BerhadRM 0.843.1%
+RM 15.0m		-60.2%PS0.04x
JAGCPTL JAG Capital BerhadRM 0.971.0%
+RM 5.6m		52.8%PE22.6x
PSP PSP Energy BerhadRM 0.143.7%
+RM 5.3m		n/aPE10.5x
HHRG HHRG BerhadRM 0.0757.1%
+RM 5.3m		-28.6%PE12.8x
STRAITS Straits Energy Resources BerhadRM 0.086.7%
+RM 5.0m		-15.8%PS0.03x

Latest News

JAGCPTL
RM 0.97
JAG Capital Berhad
7D
1.0%
1Y
52.8%
HIBISCS
RM 1.54
Hibiscus Petroleum Berhad
7D
-1.9%
1Y
-23.0%
HENGYUAN
RM 0.84
Hengyuan Refining Company Berhad
7D
3.1%
1Y
-60.2%
HHRG
RM 0.075
HHRG Berhad
7D
7.1%
1Y
-28.6%

Earnings Working Against HHRG Berhad's (KLSE:HHRG) Share Price Following 29% Dive

Dec 30
Earnings Working Against HHRG Berhad's (KLSE:HHRG) Share Price Following 29% Dive
ORKIM
RM 1.07
Orkim Berhad
7D
-1.8%
1Y
n/a
PSP
RM 0.14
PSP Energy Berhad
7D
3.7%
1Y
n/a
STRAITS
RM 0.08
Straits Energy Resources Berhad
7D
6.7%
1Y
-15.8%
PETRONM
RM 4.10
Petron Malaysia Refining & Marketing Bhd
7D
0.2%
1Y
-1.4%

Petron Malaysia Refining & Marketing Bhd's (KLSE:PETRONM) Earnings Offer More Than Meets The Eye

Nov 27
Petron Malaysia Refining & Marketing Bhd's (KLSE:PETRONM) Earnings Offer More Than Meets The Eye