Malaysian (KLSE) Oil and Gas Industry Analysis
UpdatedJun 30, 2024
DataAggregated Company Financials
Companies9
- 7D-0.8%
- 3M-16.5%
- 1Y-16.9%
- YTD-17.0%
Last week, the Oil and Gas industry hasn't moved much but Reach Energy Berhad is up 20% in that time. As for the longer term, the industry has declined 17% in the last year. As for the next few years, earnings are expected to grow by 6.3% per annum.
Industry Valuation and Performance
Has the Malaysian Oil and Gas Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 30 Jun 2024 | RM 22.2b | RM 78.9b | RM 1.1b | 11.9x | 20.2x | 0.3x |
| Tue, 28 May 2024 | RM 25.1b | RM 77.9b | RM 1.1b | 11.9x | 22.3x | 0.3x |
| Thu, 25 Apr 2024 | RM 27.0b | RM 76.4b | RM 1.1b | 10.1x | 25.5x | 0.4x |
| Sat, 23 Mar 2024 | RM 26.7b | RM 76.4b | RM 1.1b | 10.6x | 25.2x | 0.3x |
| Mon, 19 Feb 2024 | RM 27.3b | RM 74.8b | RM 1.0b | 8.6x | 26.2x | 0.4x |
| Wed, 17 Jan 2024 | RM 26.2b | RM 74.8b | RM 1.0b | 8.8x | 25.1x | 0.4x |
| Fri, 15 Dec 2023 | RM 26.6b | RM 74.8b | RM 1.0b | 8.9x | 25.4x | 0.4x |
| Sun, 12 Nov 2023 | RM 27.8b | RM 77.4b | RM 433.1m | 8.5x | 64.1x | 0.4x |
| Tue, 10 Oct 2023 | RM 27.5b | RM 77.4b | RM 433.1m | 8x | 63.6x | 0.4x |
| Thu, 07 Sep 2023 | RM 27.7b | RM 77.4b | RM 433.1m | 8x | 64x | 0.4x |
| Sat, 05 Aug 2023 | RM 27.5b | RM 83.5b | RM 1.4b | 10.9x | 20x | 0.3x |
| Mon, 03 Jul 2023 | RM 26.7b | RM 83.5b | RM 1.4b | 9.7x | 19.4x | 0.3x |
| Wed, 31 May 2023 | RM 26.5b | RM 83.4b | RM 1.3b | 11.2x | 19.8x | 0.3x |
| Fri, 28 Apr 2023 | RM 27.2b | RM 82.7b | RM 1.5b | 12.1x | 18x | 0.3x |
| Sun, 26 Mar 2023 | RM 25.8b | RM 82.7b | RM 1.5b | 13.6x | 17x | 0.3x |
| Tue, 21 Feb 2023 | RM 27.4b | RM 78.4b | RM 2.2b | 16.6x | 12.6x | 0.3x |
| Thu, 19 Jan 2023 | RM 27.7b | RM 77.9b | RM 2.1b | 16.8x | 12.9x | 0.4x |
| Sat, 17 Dec 2022 | RM 27.0b | RM 77.9b | RM 2.1b | 17.7x | 12.6x | 0.3x |
| Mon, 14 Nov 2022 | RM 27.0b | RM 67.8b | RM 2.5b | 14.5x | 11x | 0.4x |
| Wed, 12 Oct 2022 | RM 25.4b | RM 67.8b | RM 2.5b | 13.9x | 10.3x | 0.4x |
| Fri, 09 Sep 2022 | RM 27.1b | RM 67.8b | RM 2.4b | 15.1x | 11.2x | 0.4x |
| Sun, 07 Aug 2022 | RM 27.1b | RM 54.1b | RM 1.3b | 10.9x | 20.7x | 0.5x |
| Tue, 05 Jul 2022 | RM 26.0b | RM 54.1b | RM 1.3b | 11.9x | 19.9x | 0.5x |
| Thu, 02 Jun 2022 | RM 28.6b | RM 54.1b | RM 1.3b | 16.9x | 21.9x | 0.5x |
| Sat, 30 Apr 2022 | RM 28.1b | RM 46.6b | RM 1.1b | 21.1x | 26x | 0.6x |
| Mon, 28 Mar 2022 | RM 27.3b | RM 46.6b | RM 1.1b | 14.5x | 25.3x | 0.6x |
| Wed, 23 Feb 2022 | RM 25.5b | RM 40.2b | RM 885.5m | 15.5x | 28.8x | 0.6x |
| Fri, 21 Jan 2022 | RM 23.8b | RM 40.1b | RM 849.1m | 14.5x | 28.1x | 0.6x |
| Sun, 19 Dec 2021 | RM 24.1b | RM 40.1b | RM 849.1m | 13.2x | 28.4x | 0.6x |
| Tue, 16 Nov 2021 | RM 24.4b | RM 37.4b | RM 1.1b | 8.5x | 21.7x | 0.7x |
| Thu, 14 Oct 2021 | RM 25.0b | RM 37.3b | RM 1.1b | 10.9x | 22.9x | 0.7x |
| Sat, 11 Sep 2021 | RM 24.2b | RM 37.2b | RM 1.1b | 8.4x | 22.3x | 0.7x |
| Mon, 09 Aug 2021 | RM 22.7b | RM 37.2b | RM 1.1b | 8.1x | 21x | 0.6x |
Price to Earnings Ratio
21.5x
Current Industry PE
- Investors are pessimistic on the Malaysian Oil and Gas 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 20.2x which is lower than its 3-year average PE of 24.6x.
- The industry is trading close to its 3-year average PS ratio of 0.44x.
Past Earnings Growth
- The earnings for companies in the Oil and Gas industry have remained mostly flat 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 and as a result, profits have held steady.
Industry Trends
Which industries have driven the changes within the Malaysian Energy industry?
| MY Market | -0.58% | |
| Energy | -0.61% | |
| Oil and Gas | -0.81% | |
| Integrated Oil and Gas | 0% | |
| Oil and Gas Refining and Marketing | -0.54% | |
| Oil and Gas Exploration and Production | -0.69% | |
| Oil and Gas Storage and Transportation | -4.15% | |
| Coal and Fuels | -16.67% | |
Industry PE
- Investors are most optimistic about the Oil and Gas Refining and Marketing industry even though it's trading below its 3-year average PE ratio of 56.8x.
- Analysts are expecting annual earnings growth of 6.8%, which is higher than its past year's earnings decline of 16.4% per year.
- Investors are most pessimistic about the Oil and Gas Exploration and Production industry, which is trading below its 3-year average of 21.4x.
Forecasted Growth
- Analysts are most optimistic on the Oil and Gas Refining and Marketing industry, expecting annual earnings growth of 6.8% over the next 5 years.
- This is better than its past earnings decline of 16% per year.
- In contrast, the Oil and Gas Exploration and Production 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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| REACH Reach Energy Berhad | RM 0.03 | 20.0% +RM 10.6m | 0% | PS0.3x |