Narrative Update • Sep 08
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- 7D9.0%
- 3M-11.0%
- 1Y139.5%
- YTD102.1%
All of the companies in the Oil and Gas industry have been up over the last week, with the industry up 9.1%. This means that the industry has gained 139% over the past year.
Industry Valuation and Performance
Has the Nigerian Oil and Gas Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 20 Sep 2026 | ₦7.2t | ₦4.3t | ₦772.1b | 9.3x | 9.3x | 1.7x |
| Tue, 18 Aug 2026 | ₦7.1t | ₦4.2t | ₦767.5b | 21.8x | 9.2x | 1.7x |
| Thu, 16 Jul 2026 | ₦7.1t | ₦2.6t | ₦783.6b | 17.4x | 9x | 2.8x |
| Sat, 13 Jun 2026 | ₦8.1t | ₦2.0t | ₦391.0b | 19.3x | 20.7x | 4x |
| Mon, 11 May 2026 | ₦8.6t | ₦2.0t | ₦391.0b | 20.5x | 21.9x | 4.2x |
| Wed, 08 Apr 2026 | ₦5.9t | ₦2.1t | ₦388.4b | 19.9x | 15.2x | 2.9x |
| Fri, 06 Mar 2026 | ₦6.0t | ₦2.1t | ₦385.0b | 22x | 15.7x | 2.9x |
| Sun, 01 Feb 2026 | ₦3.8t | ₦2.1t | ₦372.8b | 17.5x | 10.1x | 1.8x |
| Tue, 30 Dec 2025 | ₦3.3t | ₦2.1t | ₦376.0b | 16x | 8.9x | 1.6x |
| Thu, 27 Nov 2025 | ₦3.4t | ₦2.1t | ₦376.0b | 19x | 9x | 1.6x |
| Sat, 25 Oct 2025 | ₦3.8t | ₦2.1t | ₦302.2b | 32.6x | 12.7x | 1.8x |
| Mon, 22 Sep 2025 | ₦3.0t | ₦2.2t | ₦308.7b | 31x | 9.6x | 1.4x |
| Wed, 20 Aug 2025 | ₦2.7t | ₦2.6t | ₦322.5b | 8.2x | 8.5x | 1x |
| Fri, 18 Jul 2025 | ₦2.8t | ₦2.8t | ₦302.4b | 9.1x | 9.2x | 1x |
| Sun, 15 Jun 2025 | ₦2.7t | ₦2.8t | ₦309.1b | 9.2x | 8.7x | 1x |
| Tue, 13 May 2025 | ₦2.8t | ₦2.8t | ₦311.0b | 8.6x | 8.9x | 1x |
| Thu, 10 Apr 2025 | ₦2.7t | ₦2.6t | ₦306.5b | 9.2x | 9x | 1.1x |
| Sat, 08 Mar 2025 | ₦2.9t | ₦2.6t | ₦295.6b | 9.4x | 9.9x | 1.1x |
| Mon, 03 Feb 2025 | ₦3.1t | ₦2.6t | ₦295.6b | 10x | 10.4x | 1.2x |
| Wed, 01 Jan 2025 | ₦3.2t | ₦2.1t | ₦193.0b | 14.5x | 16.5x | 1.5x |
| Fri, 29 Nov 2024 | ₦2.7t | ₦2.1t | ₦193.0b | 11.7x | 14.1x | 1.3x |
| Sun, 27 Oct 2024 | ₦3.0t | ₦1.9t | ₦186.6b | 9.9x | 16.1x | 1.6x |
| Tue, 24 Sep 2024 | ₦391.4b | ₦1.5t | ₦42.0b | 9.3x | 9.3x | 0.3x |
| Thu, 22 Aug 2024 | ₦319.8b | ₦1.5t | ₦42.0b | 7.6x | 7.6x | 0.2x |
| Sat, 20 Jul 2024 | ₦273.1b | ₦1.3t | ₦35.8b | 8.7x | 7.6x | 0.2x |
| Mon, 17 Jun 2024 | ₦251.8b | ₦1.2t | ₦34.4b | 7.6x | 7.3x | 0.2x |
| Wed, 15 May 2024 | ₦223.5b | ₦1.1t | ₦27.1b | 8.5x | 8.2x | 0.2x |
| Fri, 12 Apr 2024 | ₦370.6b | ₦1.0t | ₦26.6b | 9.1x | 13.9x | 0.4x |
| Sun, 10 Mar 2024 | ₦377.5b | ₦1.0t | ₦27.5b | 9.1x | 13.7x | 0.4x |
| Tue, 06 Feb 2024 | ₦411.2b | ₦1.0t | ₦27.5b | 8.8x | 15x | 0.4x |
| Thu, 04 Jan 2024 | ₦426.7b | ₦1.3t | ₦14.8b | 9.5x | 28.8x | 0.3x |
| Sat, 02 Dec 2023 | ₦416.8b | ₦1.3t | ₦14.8b | 9.3x | 28.2x | 0.3x |
| Mon, 30 Oct 2023 | ₦380.3b | ₦1.2t | ₦12.4b | 9.3x | 30.5x | 0.3x |
| Wed, 27 Sep 2023 | ₦386.4b | ₦1.2t | ₦13.7b | 9x | 28.2x | 0.3x |
Price to Earnings Ratio
28.2x
Current Industry PE
- Investors are pessimistic on the Nigerian 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 9.3x which is lower than its 3-year average PE of 13.9x.
- The 3-year average PS ratio of 1.3x is lower than the industry's current PS ratio of 1.7x.
Past Earnings Growth
- The earnings for companies in the Oil and Gas industry have grown 283% per year over the last three years.
- Revenues for these companies have grown 53% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Trends
Which industries have driven the changes within the Nigerian Energy industry?
| NG Market | 3.53% | |
| Energy | 8.97% | |
| Oil and Gas | 9.02% | |
| Oil and Gas Refining and Marketing | 0.26% | |
| Oil and Gas Exploration and Production | 0% | 0 |
| Oil and Gas Storage and Transportation | 0% | 0 |
Industry PE
- Investors are most optimistic about the Oil and Gas Refining and Marketing industry which is trading above its 3-year average PE ratio of 1.9x.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
- Investors are most pessimistic about the Oil and Gas Refining and Marketing industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 1.9x.
Forecasted GrowthThere is insufficient data on the sub-industries of this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| ARADEL Aradel Holdings | ₦1.55k | 9.6% +₦590.9b | 163.6% | PE8.8x | |
| ETERNA Eterna | ₦35.00 | 1.4% +₦1.1b | 12.9% | PE9.3x |