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Nigerian (NSE) Oil and Gas Refining and Marketing Industry Analysis

UpdatedJan 31, 2025
DataAggregated Company Financials
Companies4
  • 7D-2.3%
  • 3M36.1%
  • 1Y138.0%
  • YTDn/a

The Oil and Gas Refining and Marketing industry has stayed flat over the last week. The past year has been better, since the industry has gained 136% in that time. As for the next few years, earnings are expected to grow by 57% per annum.

Industry Valuation and Performance

Has the Nigerian Oil and Gas Refining and Marketing Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 31 Jan 2025₦552.6b₦1.7t₦46.9b8.2x11.8x0.3x
Sun, 29 Dec 2024₦572.7b₦1.7t₦48.6b10.9x11.8x0.3x
Tue, 26 Nov 2024₦454.4b₦1.7t₦48.6b7.8x9.3x0.3x
Thu, 24 Oct 2024₦395.2b₦1.5t₦42.0b9.3x9.4x0.3x
Sat, 21 Sep 2024₦391.4b₦1.5t₦42.0b9.3x9.3x0.3x
Mon, 19 Aug 2024₦319.8b₦1.5t₦42.0b7.6x7.6x0.2x
Wed, 17 Jul 2024₦273.1b₦1.3t₦35.8b8.7x7.6x0.2x
Fri, 14 Jun 2024₦251.8b₦1.2t₦34.4b7.6x7.3x0.2x
Sun, 12 May 2024₦223.5b₦1.1t₦27.1b8.5x8.2x0.2x
Tue, 09 Apr 2024₦370.6b₦1.0t₦27.4b9.1x13.5x0.4x
Thu, 07 Mar 2024₦358.2b₦1.0t₦27.5b9.1x13x0.4x
Sat, 03 Feb 2024₦428.4b₦1.3t₦18.0b8.8x23.8x0.3x
Mon, 01 Jan 2024₦396.4b₦1.3t₦14.6b9.1x27.1x0.3x
Wed, 29 Nov 2023₦412.0b₦1.3t₦14.6b9.1x28.2x0.3x
Fri, 27 Oct 2023₦371.7b₦1.2t₦13.5b8x27.5x0.3x
Sun, 24 Sep 2023₦418.9b₦1.2t₦13.5b8x31x0.3x
Tue, 22 Aug 2023₦357.8b₦1.2t₦13.5b8.1x26.5x0.3x
Thu, 20 Jul 2023₦366.4b₦1.1t₦17.8b11.9x20.6x0.3x
Sat, 17 Jun 2023₦234.1b₦1.1t₦19.0b7.8x12.3x0.2x
Mon, 15 May 2023₦163.2b₦1.1t₦16.6b5x9.9x0.1x
Wed, 12 Apr 2023₦212.1b₦1.1t₦15.3b5.5x13.8x0.2x
Fri, 10 Mar 2023₦199.3b₦1.1t₦16.4b4.9x12.1x0.2x
Sun, 05 Feb 2023₦183.1b₦1.1t₦16.1b4.9x11.4x0.2x
Tue, 03 Jan 2023₦172.1b₦1.0t₦12.0b4.2x14.4x0.2x
Thu, 01 Dec 2022₦165.6b₦1.0t₦12.0b4.2x13.8x0.2x
Sat, 29 Oct 2022₦172.6b₦972.2b₦13.3b4.8x13x0.2x
Mon, 26 Sep 2022₦182.0b₦935.6b₦14.6b4.8x12.5x0.2x
Wed, 24 Aug 2022₦186.1b₦935.6b₦14.6b4.7x12.8x0.2x
Fri, 22 Jul 2022₦194.8b₦882.1b₦16.4b5.6x11.9x0.2x
Sun, 19 Jun 2022₦202.4b₦860.4b₦19.6b6.2x10.3x0.2x
Tue, 17 May 2022₦213.8b₦860.4b₦19.6b6.8x10.9x0.2x
Thu, 14 Apr 2022₦187.3b₦823.4b₦17.5b5.9x10.7x0.2x
Sat, 12 Mar 2022₦198.7b₦823.6b₦17.3b5.7x11.5x0.2x
Mon, 07 Feb 2022₦193.5b₦812.9b₦20.2b9.9x9.6x0.2x
Price to Earnings Ratio

9.6x


Total Market Cap: ₦193.5bTotal Earnings: ₦20.2bTotal Revenue: ₦812.9bTotal Market Cap vs Earnings and Revenue0%0%0%
Nigerian Oil and Gas Refining and Marketing Industry Price to Earnings3Y Average 14.3x202320242025
Current Industry PE
  • Investors are pessimistic on the Nigerian Oil and Gas Refining and Marketing 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 11.6x which is lower than its 3-year average PE of 14.3x.
  • The industry is trading close to its 3-year average PS ratio of 0.25x.
Past Earnings Growth
  • The earnings for companies in the Oil and Gas Refining and Marketing industry have grown 35% per year over the last three years.
  • Revenues for these companies have grown 28% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Comparison

How does Nigerian Oil and Gas Refining and Marketing compare with similar industries?

NG Market2.03%
Energy3.92%
Oil and Gas3.97%
Oil and Gas Refining and Marketing-2.31%
Integrated Oil and Gas0%0
Oil and Gas Exploration and Production0%0
Coal and Fuels0%0
Oil and Gas Storage and Transportation0%0
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
OANDO Oando₦76.005.6%
+₦49.7b		493.8%PE34.9x
Simply Wall St™
Simply Wall Street Pty Ltd
Level 7, 320 Pitt Street, Sydney
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OANDO

₦76.00

Oando

7D

5.6%

1Y

493.8%

MRS

₦162.90

MRS Oil Nigeria

7D

-19.0%

1Y

29.3%