Narrative Update • Jun 02

Over the last 7 days, the Energy industry has dropped 3.7%, driven by OQ Exploration and Production SAOG declining 2.3%. This takes the industry's 12 month performance to a gain of 65%. As for the next few years, earnings are expected to grow by 5.2% per annum.
Has the Omani Energy Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 05 Jun 2026 | ر.ع6.6b | ر.ع3.9b | ر.ع432.4m | 12.7x | 15.4x | 1.7x |
| Sun, 03 May 2026 | ر.ع7.4b | ر.ع3.9b | ر.ع426.6m | 14x | 17.5x | 1.9x |
| Tue, 31 Mar 2026 | ر.ع7.2b | ر.ع3.8b | ر.ع424.7m | 14x | 16.9x | 1.9x |
| Thu, 26 Feb 2026 | ر.ع6.6b | ر.ع3.5b | ر.ع414.5m | 14x | 15.9x | 1.9x |
| Sat, 24 Jan 2026 | ر.ع5.5b | ر.ع3.5b | ر.ع414.5m | 13.1x | 13.2x | 1.6x |
| Mon, 22 Dec 2025 | ر.ع5.3b | ر.ع3.4b | ر.ع411.7m | 12.3x | 12.8x | 1.5x |
| Wed, 19 Nov 2025 | ر.ع5.1b | ر.ع3.4b | ر.ع411.7m | 12.1x | 12.3x | 1.5x |
| Fri, 17 Oct 2025 | ر.ع4.5b | ر.ع3.5b | ر.ع431.0m | 11.5x | 10.5x | 1.3x |
| Sun, 14 Sep 2025 | ر.ع4.6b | ر.ع3.4b | ر.ع424.8m | 13x | 10.8x | 1.3x |
| Tue, 12 Aug 2025 | ر.ع4.5b | ر.ع3.4b | ر.ع436.6m | 12.4x | 10.3x | 1.3x |
| Thu, 10 Jul 2025 | ر.ع4.3b | ر.ع3.4b | ر.ع435.2m | 12.8x | 9.8x | 1.2x |
| Sat, 07 Jun 2025 | ر.ع4.0b | ر.ع3.4b | ر.ع435.2m | 11.7x | 9.3x | 1.2x |
| Mon, 05 May 2025 | ر.ع3.6b | ر.ع3.4b | ر.ع432.3m | 12x | 8.3x | 1x |
| Wed, 02 Apr 2025 | ر.ع4.1b | ر.ع3.4b | ر.ع437.0m | 11.9x | 9.5x | 1.2x |
| Fri, 28 Feb 2025 | ر.ع3.5b | ر.ع3.3b | ر.ع649.7m | 11.3x | 5.4x | 1.1x |
| Sun, 26 Jan 2025 | ر.ع3.7b | ر.ع2.2b | ر.ع80.2m | 11.9x | 46x | 1.7x |
| Tue, 24 Dec 2024 | ر.ع3.6b | ر.ع2.2b | ر.ع82.3m | 12.1x | 43.5x | 1.6x |
| Thu, 21 Nov 2024 | ر.ع3.8b | ر.ع2.2b | ر.ع82.3m | 11.9x | 46.3x | 1.7x |
| Sat, 19 Oct 2024 | ر.ع1.1b | ر.ع2.2b | ر.ع82.3m | 12.6x | 13x | 0.5x |
| Mon, 16 Sep 2024 | ر.ع1.1b | ر.ع2.2b | ر.ع84.3m | 12x | 12.8x | 0.5x |
| Wed, 14 Aug 2024 | ر.ع1.1b | ر.ع2.2b | ر.ع84.3m | 11.6x | 12.7x | 0.5x |
| Fri, 12 Jul 2024 | ر.ع1.1b | ر.ع2.2b | ر.ع90.7m | 11.6x | 11.6x | 0.5x |
| Sun, 09 Jun 2024 | ر.ع1.1b | ر.ع2.2b | ر.ع90.7m | 11.6x | 11.6x | 0.5x |
| Tue, 07 May 2024 | ر.ع1.1b | ر.ع2.2b | ر.ع88.5m | 11.9x | 12.1x | 0.5x |
| Thu, 04 Apr 2024 | ر.ع1.1b | ر.ع2.2b | ر.ع86.6m | 12.5x | 12.5x | 0.5x |
| Sat, 02 Mar 2024 | ر.ع1.1b | ر.ع2.2b | ر.ع83.5m | 15.2x | 13.1x | 0.5x |
| Mon, 29 Jan 2024 | ر.ع1.1b | ر.ع2.2b | ر.ع84.4m | 15.1x | 13.2x | 0.5x |
| Wed, 27 Dec 2023 | ر.ع1.1b | ر.ع2.2b | ر.ع84.4m | 11.9x | 13.2x | 0.5x |
| Fri, 24 Nov 2023 | ر.ع1.1b | ر.ع2.2b | ر.ع84.2m | 11.6x | 13x | 0.5x |
| Sun, 22 Oct 2023 | ر.ع453.2m | ر.ع2.1b | ر.ع28.3m | 14.4x | 16x | 0.2x |
| Tue, 19 Sep 2023 | ر.ع464.9m | ر.ع2.1b | ر.ع28.3m | 14.6x | 16.5x | 0.2x |
| Thu, 17 Aug 2023 | ر.ع464.0m | ر.ع2.1b | ر.ع31.3m | 14.2x | 14.8x | 0.2x |
| Sat, 15 Jul 2023 | ر.ع492.4m | ر.ع2.1b | ر.ع31.6m | 14.7x | 15.6x | 0.2x |
| Mon, 12 Jun 2023 | ر.ع479.3m | ر.ع2.1b | ر.ع31.6m | 14.2x | 15.2x | 0.2x |
15.2x
Which industries have driven the changes within the Omani Energy sector?
| OM Market | -9.33% | |
| Energy | -3.68% | |
| Energy Services | -1.85% | |
| Oil and Gas | -3.77% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| SOMS Shell Oman Marketing Company SAOG | ر.ع0.78 | 0.1% +ر.ع100.0k | 45.2% | PE12.2x |