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Nigerian (NSE) Oil and Gas Refining and Marketing Industry Analysis
UpdatedDec 31, 2024
DataAggregated Company Financials
Companies4
- 7D1.2%
- 3M46.3%
- 1Y153.2%
- YTDn/a
In the last week, the Oil and Gas Refining and Marketing industry is up 2.3%, with Oando up 5.5%. During this same period, the Eterna underperformed, falling 8.3%. This means that the industry has gained 153% over the past year. Looking forward, earnings are forecast to grow by 57% annually.
Industry Valuation and Performance
Has the Nigerian Oil and Gas Refining and Marketing Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 31 Dec 2024 | ₦572.7b | ₦1.7t | ₦48.6b | 10.9x | 11.8x | 0.3x |
| Thu, 28 Nov 2024 | ₦466.1b | ₦1.7t | ₦48.6b | 7.8x | 9.6x | 0.3x |
| Sat, 26 Oct 2024 | ₦395.2b | ₦1.5t | ₦42.0b | 9.3x | 9.4x | 0.3x |
| Mon, 23 Sep 2024 | ₦391.4b | ₦1.5t | ₦42.0b | 9.3x | 9.3x | 0.3x |
| Wed, 21 Aug 2024 | ₦319.8b | ₦1.5t | ₦42.0b | 7.6x | 7.6x | 0.2x |
| Fri, 19 Jul 2024 | ₦273.1b | ₦1.3t | ₦35.8b | 8.7x | 7.6x | 0.2x |
| Sun, 16 Jun 2024 | ₦251.8b | ₦1.2t | ₦34.4b | 7.6x | 7.3x | 0.2x |
| Tue, 14 May 2024 | ₦223.5b | ₦1.1t | ₦27.1b | 8.5x | 8.2x | 0.2x |
| Thu, 11 Apr 2024 | ₦370.6b | ₦1.0t | ₦26.6b | 9.1x | 13.9x | 0.4x |
| Sat, 09 Mar 2024 | ₦377.5b | ₦1.0t | ₦27.5b | 9.1x | 13.7x | 0.4x |
| Mon, 05 Feb 2024 | ₦428.4b | ₦1.3t | ₦18.0b | 8.8x | 23.8x | 0.3x |
| Wed, 03 Jan 2024 | ₦402.5b | ₦1.3t | ₦14.6b | 9.1x | 27.6x | 0.3x |
| Fri, 01 Dec 2023 | ₦413.5b | ₦1.3t | ₦14.6b | 9.1x | 28.3x | 0.3x |
| Sun, 29 Oct 2023 | ₦378.3b | ₦1.2t | ₦12.2b | 9.1x | 30.9x | 0.3x |
| Tue, 26 Sep 2023 | ₦404.7b | ₦1.2t | ₦13.5b | 8x | 30x | 0.3x |
| Thu, 24 Aug 2023 | ₦355.5b | ₦1.2t | ₦13.5b | 8x | 26.3x | 0.3x |
| Sat, 22 Jul 2023 | ₦370.2b | ₦1.1t | ₦17.8b | 11.9x | 20.9x | 0.3x |
| Mon, 19 Jun 2023 | ₦234.1b | ₦1.1t | ₦17.8b | 7.9x | 13.2x | 0.2x |
| Wed, 17 May 2023 | ₦163.2b | ₦1.1t | ₦16.6b | 5x | 9.9x | 0.1x |
| Fri, 14 Apr 2023 | ₦211.6b | ₦1.1t | ₦15.3b | 5.5x | 13.8x | 0.2x |
| Sun, 12 Mar 2023 | ₦197.1b | ₦1.1t | ₦16.4b | 4.8x | 12x | 0.2x |
| Tue, 07 Feb 2023 | ₦181.9b | ₦1.1t | ₦16.4b | 4.5x | 11.1x | 0.2x |
| Thu, 05 Jan 2023 | ₦171.6b | ₦1.0t | ₦12.0b | 4.2x | 14.3x | 0.2x |
| Sat, 03 Dec 2022 | ₦166.8b | ₦1.0t | ₦12.0b | 4.2x | 13.9x | 0.2x |
| Mon, 31 Oct 2022 | ₦172.6b | ₦1.0t | ₦11.4b | 4.6x | 15.2x | 0.2x |
| Wed, 28 Sep 2022 | ₦181.5b | ₦935.6b | ₦14.6b | 4.8x | 12.5x | 0.2x |
| Fri, 26 Aug 2022 | ₦190.5b | ₦935.6b | ₦14.6b | 4.7x | 13.1x | 0.2x |
| Sun, 24 Jul 2022 | ₦194.3b | ₦882.1b | ₦16.4b | 5.6x | 11.8x | 0.2x |
| Tue, 21 Jun 2022 | ₦202.4b | ₦860.4b | ₦19.6b | 6.2x | 10.3x | 0.2x |
| Thu, 19 May 2022 | ₦212.1b | ₦860.4b | ₦19.6b | 6.8x | 10.8x | 0.2x |
| Sat, 16 Apr 2022 | ₦187.3b | ₦823.4b | ₦17.5b | 5.9x | 10.7x | 0.2x |
| Mon, 14 Mar 2022 | ₦198.7b | ₦823.6b | ₦17.3b | 5.7x | 11.5x | 0.2x |
| Wed, 09 Feb 2022 | ₦188.4b | ₦812.9b | ₦20.2b | 10x | 9.3x | 0.2x |
| Fri, 07 Jan 2022 | ₦179.1b | ₦738.6b | ₦16.8b | 7.1x | 10.7x | 0.2x |
Price to Earnings Ratio
10.7x
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 11.8x which is lower than its 3-year average PE of 14.2x.
- 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 42% per year over the last three years.
- Revenues for these companies have grown 31% 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 Market | 0.98% | |
| Energy | 0.19% | |
| Oil and Gas | 0.21% | |
| Oil and Gas Refining and Marketing | 1.20% | |
| Integrated Oil and Gas | 0% | |
| Oil and Gas Exploration and Production | 0% | |
| Coal and Fuels | 0% | |
| Oil and Gas Storage and Transportation | 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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| OANDO Oando | ₦67.00 | 5.5% +₦43.5b | 538.1% | PE30.8x | |
| MRS MRS Oil Nigeria | ₦217.80 | 10.0% +₦6.8b | 107.4% | PE10.9x |