Header cover image

Norwegian (OSEAX) Oil and Gas Services Industry Analysis

UpdatedMay 05, 2022
DataAggregated Company Financials
Companies22
  • 7D3.1%
  • 3M39.0%
  • 1Y-3.4%
  • YTD38.2%

Last week, the Oil and Gas Services industry hasn't moved much but TGS is up 4.7% in that time. Unfortunately though, the industry is down 7.4% over the past 12 months. Earnings are forecast to grow by 51% annually.

Industry Valuation and Performance

Has the Norwegian Oil and Gas Services Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPE
Thu, 05 May 2022kr78.9bkr114.0b-kr1,985,328,266.009.5x
Sat, 02 Apr 2022kr75.5bkr106.1b-kr1,974,343,867.0010x
Mon, 28 Feb 2022kr65.8bkr105.6b-kr3,024,036,235.007.5x
Wed, 26 Jan 2022kr65.5bkr108.1bkr8.5b4.8x
Fri, 24 Dec 2021kr60.7bkr107.2bkr8.5b5.1x
Sun, 21 Nov 2021kr63.8bkr107.3bkr7.4b5.4x
Tue, 19 Oct 2021kr65.1bkr95.6bkr6.4b5.4x
Thu, 16 Sep 2021kr59.0bkr97.2bkr6.2b3.7x
Sat, 14 Aug 2021kr60.6bkr97.9bkr6.1b3x
Wed, 09 Jun 2021kr66.2bkr90.2b-kr3,915,785,129.882.2x
Tue, 02 Mar 2021kr71.3bkr89.5b-kr12,600,538,133.343.1x
Fri, 04 Dec 2020kr66.4bkr89.7b-kr18,581,912,219.9612.3x
Mon, 07 Sep 2020kr53.9bkr106.3b-kr18,387,660,120.3612.6x
Sun, 31 May 2020kr52.1bkr115.0b-kr8,680,365,063.362.1x
Wed, 04 Mar 2020kr81.2bkr117.2b-kr4,783,018,511.7613.2x
Sat, 07 Dec 2019kr99.5bkr112.2b-kr2,500,042,593.158.1x
Tue, 10 Sep 2019kr94.4bkr106.3b-kr1,856,429,058.2818x
Mon, 03 Jun 2019kr99.3bkr107.0b-kr558,379,973.2914x
Median PE Ratio

14x


Total Market Cap: kr99.3bTotal Earnings: -kr558,379,973.29Total Revenue: kr107.0bTotal Market Cap vs Earnings and Revenue0%0%0%
Norwegian Oil and Gas Services Industry Median PE3Y Average 8.5x202020212022
Current Industry PE
  • Investors are relatively neutral on the industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PE ratio of 8.5x.
Past Earnings Growth
  • The earnings for companies in the Oil and Gas Equipment and Services industry have deteriorated over the last three years.
  • Meanwhile revenues for these companies have grown 2.1% 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, which has caused losses to expand.

Industry Comparison

How does Norwegian Oil and Gas Services compare with similar industries?

NO Market0.066%
Energy2.59%
Energy Services3.96%
Oil and Gas Services3.14%
Oil and Gas Drilling7.65%
Industry PEThere is insufficient data on the sub-industries of this industry.
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?

CompanyLast Price7D1YValuation
SUBC Subsea 7kr84.788.7%
+kr2.0b
1.3%PE175.1x
PGS PGSkr5.0152.3%
+kr1.8b
-8.5%PS0.5x
TGS TGSkr154.606.0%
+kr1.0b
23.7%PS3.6x
SIOFF Siem Offshorekr11.1422.8%
+kr494.4m
-82.0%PE2.6x
SOFF Solstad Offshorekr18.2230.9%
+kr330.1m
208.8%PS0.3x
Simply Wall St
Simply Wall Street Pty Ltd
17-21 Bellevue Street, Surry Hills, Sydney
Download on the App StoreGet it on Google Play
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.

Latest News

PGS

kr5.01

PGS

7D

52.3%

1Y

-8.5%

TGS

kr154.60

TGS

7D

6.0%

1Y

23.7%

MGN

kr18.70

Magnora

7D

-0.5%

1Y

-19.9%

OTS

kr2.13

Oceanteam

7D

-4.5%

1Y

-30.2%

PRS

kr186.60

Prosafe

7D

9.0%

1Y

-84.2%