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Malaysian (KLSE) Oil and Gas Industry Analysis

UpdatedFeb 10, 2026
DataAggregated Company Financials
Companies11
  • 7D6.3%
  • 3M19.4%
  • 1Y14.7%
  • YTD8.9%

The Oil and Gas industry is up 6.3% in the last week, with Elridge Energy Holdings Berhad up 29%. In the last 12 months, the industry was up 15%. 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
Tue, 10 Feb 2026RM 7.5bRM 34.1bRM 46.0m11x164x0.2x
Thu, 08 Jan 2026RM 7.0bRM 34.1bRM 46.0m11.5x152.4x0.2x
Sat, 06 Dec 2025RM 5.9bRM 33.8b-RM 38,927,673.0011.9x-150.6x0.2x
Mon, 03 Nov 2025RM 27.8bRM 70.9bRM 913.4m18x30.4x0.4x
Wed, 01 Oct 2025RM 27.8bRM 70.9bRM 913.5m16.6x30.4x0.4x
Fri, 29 Aug 2025RM 26.6bRM 72.5bRM 937.7m17x28.4x0.4x
Sun, 27 Jul 2025RM 26.3bRM 74.3bRM 1.0b15x26.1x0.4x
Tue, 24 Jun 2025RM 26.1bRM 74.0bRM 1.0b13.3x25.3x0.4x
Thu, 22 May 2025RM 23.6bRM 78.0bRM 1.4b14.8x17.4x0.3x
Sat, 19 Apr 2025RM 23.7bRM 78.0bRM 1.4b13.9x17.5x0.3x
Mon, 17 Mar 2025RM 21.6bRM 78.0bRM 1.4b12.9x15.9x0.3x
Wed, 12 Feb 2025RM 24.3bRM 82.1bRM 1.1b10.2x22.2x0.3x
Fri, 10 Jan 2025RM 24.7bRM 82.1bRM 1.1b11.6x22.5x0.3x
Sun, 08 Dec 2024RM 25.8bRM 82.1bRM 1.1b11.8x23.4x0.3x
Tue, 05 Nov 2024RM 23.4bRM 82.1bRM 1.0b10.6x22.8x0.3x
Thu, 03 Oct 2024RM 23.5bRM 82.1bRM 1.0b12.5x22.9x0.3x
Sat, 31 Aug 2024RM 26.5bRM 82.1bRM 979.1m15.5x27.1x0.3x
Mon, 29 Jul 2024RM 22.2bRM 78.9bRM 1.1b17.2x20.2x0.3x
Wed, 26 Jun 2024RM 22.0bRM 78.9bRM 1.1b11.7x20x0.3x
Fri, 24 May 2024RM 25.6bRM 77.3bRM 1.0b11.9x25.5x0.3x
Sun, 21 Apr 2024RM 26.9bRM 76.4bRM 1.1b10.6x25.4x0.4x
Tue, 19 Mar 2024RM 26.3bRM 76.4bRM 1.1b10.5x24.8x0.3x
Thu, 15 Feb 2024RM 27.3bRM 74.8bRM 1.0b8.6x26.1x0.4x
Sat, 13 Jan 2024RM 26.3bRM 74.8bRM 1.0b8.8x25.2x0.4x
Mon, 11 Dec 2023RM 26.6bRM 74.8bRM 1.0b8.6x25.5x0.4x
Wed, 08 Nov 2023RM 28.0bRM 77.4bRM 433.1m7.7x64.7x0.4x
Fri, 06 Oct 2023RM 27.8bRM 77.4bRM 433.1m7.6x64.2x0.4x
Sun, 03 Sep 2023RM 28.1bRM 77.4bRM 433.1m8.3x64.9x0.4x
Tue, 01 Aug 2023RM 27.8bRM 83.5bRM 1.4b10.9x20.2x0.3x
Thu, 29 Jun 2023RM 27.0bRM 83.5bRM 1.4b9.8x19.6x0.3x
Sat, 27 May 2023RM 26.8bRM 84.0bRM 1.5b10.8x17.5x0.3x
Mon, 24 Apr 2023RM 27.1bRM 82.7bRM 1.5b12.1x17.9x0.3x
Wed, 22 Mar 2023RM 25.4bRM 82.7bRM 1.5b13x16.8x0.3x
Fri, 17 Feb 2023RM 27.5bRM 77.9bRM 2.1b17x12.9x0.4x
Price to Earnings Ratio

12.9x


Total Market Cap: RM 27.5bTotal 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 31.1x202420252026
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 164x which is higher than its 3-year average PE of 31.1x.
  • 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 Market0.11%
Energy-0.64%
Oil and Gas6.31%
Coal and Fuels22.52%
Oil and Gas Storage and Transportation1.09%
Oil and Gas Refining and Marketing-0.38%
Oil and Gas Exploration and Production-5.16%
Industry PE
  • Investors are most optimistic about the Coal and Fuels industry which is trading above its 3-year average PE ratio of 20.7x.
    • Analysts are expecting annual earnings growth of 25.6%, which is higher than its past year's earnings decline of 2.5% 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
ELRIDGE Elridge Energy Holdings BerhadRM 1.3729.2%
+RM 620.0m		204.4%PE55.7x
PETRONM Petron Malaysia Refining & Marketing BhdRM 4.173.0%
+RM 32.4m		0%PE8.5x
ORKIM Orkim BerhadRM 1.003.1%
+RM 30.0m		n/aPE11.8x
HENGYUAN Hengyuan Refining Company BerhadRM 0.884.1%
+RM 21.0m		-56.2%PS0.04x
PSP PSP Energy BerhadRM 0.143.8%
+RM 5.3m		n/aPE10.1x

Latest News

ELRIDGE
RM 1.37
Elridge Energy Holdings Berhad
7D
29.2%
1Y
204.4%

Elridge Energy Holdings Berhad (KLSE:ELRIDGE) Stocks Shoot Up 30% But Its P/S Still Looks Reasonable

Feb 09
Elridge Energy Holdings Berhad (KLSE:ELRIDGE) Stocks Shoot Up 30% But Its P/S Still Looks Reasonable
HHRG
RM 0.06
HHRG Berhad
7D
-7.7%
1Y
-36.8%
JAGCPTL
RM 0.90
JAG Capital Berhad
7D
-3.2%
1Y
39.5%
HENGYUAN
RM 0.88
Hengyuan Refining Company Berhad
7D
4.1%
1Y
-56.2%
ORKIM
RM 1.00
Orkim Berhad
7D
3.1%
1Y
n/a
PSP
RM 0.14
PSP Energy Berhad
7D
3.8%
1Y
n/a
PETRONM
RM 4.17
Petron Malaysia Refining & Marketing Bhd
7D
3.0%
1Y
0%

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
AVANGAAD
RM 0.32
Avangaad Berhad
7D
-1.6%
1Y
-1.6%