A Look At The Fair Value Of Aker BP ASA (OB:AKRBP)
Dec 03
Norwegian (OSEAX) Oil and Gas Exploration and Production Industry Analysis
UpdatedDec 05, 2023
DataAggregated Company Financials
Companies13
- 7D-4.2%
- 3M1.1%
- 1Y-6.3%
- YTD-3.9%
Over the last 7 days, the Oil and Gas Exploration and Production industry has dropped 1.9%, driven by pullbacks from every company within the industry. The industry has fallen 4.3% in the last year. As for the next few years, earnings are expected to grow by 9.2% per annum.
Industry Valuation and Performance
Has the Norwegian Oil and Gas Exploration and Production Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 05 Dec 2023 | kr316.1b | kr282.5b | kr28.5b | 8.1x | 11.1x | 1.1x |
| Thu, 02 Nov 2023 | kr346.1b | kr293.1b | kr31.8b | 7.7x | 10.9x | 1.2x |
| Sat, 30 Sep 2023 | kr314.7b | kr304.6b | kr29.7b | 8.2x | 10.6x | 1x |
| Mon, 28 Aug 2023 | kr302.6b | kr304.7b | kr29.4b | 8x | 10.3x | 1x |
| Wed, 26 Jul 2023 | kr300.0b | kr300.0b | kr28.4b | 8.2x | 10.6x | 1x |
| Fri, 23 Jun 2023 | kr269.1b | kr302.5b | kr27.0b | 6.8x | 10x | 0.9x |
| Sun, 21 May 2023 | kr266.5b | kr308.5b | kr28.9b | 8.8x | 9.2x | 0.9x |
| Tue, 18 Apr 2023 | kr284.7b | kr290.4b | kr33.6b | 5.9x | 8.5x | 1x |
| Thu, 16 Mar 2023 | kr265.2b | kr296.5b | kr34.4b | 5.3x | 7.7x | 0.9x |
| Sat, 11 Feb 2023 | kr316.6b | kr259.6b | kr31.5b | 8.2x | 10.1x | 1.2x |
| Mon, 09 Jan 2023 | kr319.4b | kr256.6b | kr31.2b | 7.3x | 10.2x | 1.2x |
| Wed, 07 Dec 2022 | kr332.6b | kr255.9b | kr31.1b | 7.4x | 10.7x | 1.3x |
| Fri, 04 Nov 2022 | kr356.4b | kr262.9b | kr30.2b | 9.4x | 11.8x | 1.4x |
| Sun, 02 Oct 2022 | kr329.0b | kr226.3b | kr27.5b | 8x | 12x | 1.5x |
| Tue, 30 Aug 2022 | kr398.5b | kr204.2b | kr24.9b | 9x | 16x | 2x |
| Thu, 28 Jul 2022 | kr345.4b | kr188.8b | kr25.9b | 7.9x | 13.3x | 1.8x |
| Sat, 25 Jun 2022 | kr256.6b | kr178.9b | kr26.2b | 8.1x | 9.8x | 1.4x |
| Mon, 23 May 2022 | kr280.7b | kr174.5b | kr24.8b | 9.7x | 11.3x | 1.6x |
| Wed, 20 Apr 2022 | kr272.6b | kr134.0b | kr16.8b | 10.2x | 16.3x | 2x |
| Fri, 18 Mar 2022 | kr140.1b | kr130.7b | kr15.5b | 8.8x | 9x | 1.1x |
| Sun, 13 Feb 2022 | kr213.3b | kr74.4b | kr8.8b | 20.5x | 24.2x | 2.9x |
| Tue, 11 Jan 2022 | kr211.0b | kr65.0b | kr6.7b | 20.3x | 31.5x | 3.2x |
| Thu, 09 Dec 2021 | kr143.8b | kr65.1b | kr6.7b | 18.2x | 21.5x | 2.2x |
| Sat, 06 Nov 2021 | kr155.1b | kr62.3b | kr5.3b | 23.1x | 29x | 2.5x |
| Mon, 04 Oct 2021 | kr136.4b | kr54.6b | kr4.1b | 24.9x | 33x | 2.5x |
| Wed, 01 Sep 2021 | kr107.1b | kr54.4b | kr4.1b | 19.1x | 25.9x | 2x |
| Thu, 08 Jul 2021 | kr127.4b | kr54.4b | kr4.1b | 23.3x | 30.9x | 2.3x |
| Wed, 31 Mar 2021 | kr115.7b | kr47.0b | kr2.3b | 16.9x | 50.7x | 2.5x |
| Sat, 02 Jan 2021 | kr100.2b | kr43.8b | -kr4,016,974,175.26 | 60x | -24.9x | 2.3x |
Price to Earnings Ratio
-24.9x
Current Industry PE
- Investors are pessimistic on the Norwegian Oil and Gas Exploration and Production 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 15.3x.
- The 3-year average PS ratio of 1.8x is higher than the industry's current PS ratio of 1.2x.
Past Earnings Growth
- Total earnings for the Oil and Gas Exploration and Production industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 85% per year.
- This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.
Industry Comparison
How does Norwegian Oil and Gas Exploration and Production compare with similar industries?
| NO Market | -1.68% | |
| Energy | -4.66% | |
| Oil and Gas | -4.92% | |
| Oil and Gas Exploration and Production | -4.23% | |
| Coal and Fuels | 34.02% | |
| Oil and Gas Storage and Transportation | -4.08% | |
| Integrated Oil and Gas | -5.24% | |
| Oil and Gas Refining and Marketing | -7.80% | |
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 | |
|---|---|---|---|---|---|
| BWE BW Energy | kr24.30 | 3.8% +kr231.0m | -7.2% | PS1.7x |