Narrative Update • Apr 25
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- 7D-2.2%
- 3M25.1%
- 1Y96.1%
- YTD43.5%
Over the last 7 days, the Oil and Gas industry has dropped 1.0%, driven by a pullback from OQ Exploration and Production SAOG of 5.1%. This takes the industry's 12 month performance to a gain of 99%. Looking forward, earnings are forecast to grow by 5.0% annually.
Industry Valuation and Performance
Has the Omani Oil and Gas Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 12 May 2026 | ر.ع7.0b | ر.ع3.7b | ر.ع409.4m | 12.4x | 17.2x | 1.9x |
| Thu, 09 Apr 2026 | ر.ع6.8b | ر.ع3.7b | ر.ع407.1m | 13.9x | 16.8x | 1.9x |
| Sat, 07 Mar 2026 | ر.ع6.3b | ر.ع3.7b | ر.ع405.0m | 13.4x | 15.7x | 1.7x |
| Mon, 02 Feb 2026 | ر.ع5.2b | ر.ع3.3b | ر.ع396.9m | 11.8x | 13.2x | 1.6x |
| Wed, 31 Dec 2025 | ر.ع4.9b | ر.ع3.3b | ر.ع395.9m | 11x | 12.3x | 1.5x |
| Fri, 28 Nov 2025 | ر.ع4.9b | ر.ع3.3b | ر.ع395.9m | 10.7x | 12.5x | 1.5x |
| Sun, 26 Oct 2025 | ر.ع4.5b | ر.ع3.3b | ر.ع393.3m | 10.9x | 11.4x | 1.4x |
| Tue, 23 Sep 2025 | ر.ع4.4b | ر.ع3.3b | ر.ع409.2m | 12x | 10.7x | 1.3x |
| Thu, 21 Aug 2025 | ر.ع4.4b | ر.ع3.3b | ر.ع415.2m | 11.1x | 10.5x | 1.3x |
| Sat, 19 Jul 2025 | ر.ع4.1b | ر.ع3.3b | ر.ع421.9m | 11.3x | 9.7x | 1.2x |
| Mon, 16 Jun 2025 | ر.ع3.9b | ر.ع3.3b | ر.ع419.4m | 12.4x | 9.4x | 1.2x |
| Wed, 14 May 2025 | ر.ع3.6b | ر.ع3.3b | ر.ع419.4m | 12.1x | 8.7x | 1.1x |
| Fri, 11 Apr 2025 | ر.ع3.6b | ر.ع3.3b | ر.ع420.2m | 11.7x | 8.6x | 1.1x |
| Sun, 09 Mar 2025 | ر.ع3.3b | ر.ع2.9b | ر.ع374.0m | 11.5x | 8.8x | 1.1x |
| Tue, 04 Feb 2025 | ر.ع3.3b | ر.ع2.1b | ر.ع63.3m | 11.7x | 52.7x | 1.6x |
| Thu, 02 Jan 2025 | ر.ع3.4b | ر.ع2.1b | ر.ع61.7m | 12.1x | 55.8x | 1.6x |
| Sat, 30 Nov 2024 | ر.ع3.6b | ر.ع2.1b | ر.ع61.7m | 11.8x | 58.1x | 1.7x |
| Mon, 28 Oct 2024 | ر.ع3.9b | ر.ع2.1b | ر.ع61.8m | 12.4x | 63.7x | 1.9x |
| Wed, 25 Sep 2024 | ر.ع829.0m | ر.ع2.1b | ر.ع63.5m | 12.4x | 13.1x | 0.4x |
| Fri, 23 Aug 2024 | ر.ع820.8m | ر.ع2.1b | ر.ع63.5m | 12.2x | 12.9x | 0.4x |
| Sun, 21 Jul 2024 | ر.ع828.8m | ر.ع2.1b | ر.ع63.5m | 12.2x | 13x | 0.4x |
| Tue, 18 Jun 2024 | ر.ع833.2m | ر.ع2.1b | ر.ع70.7m | 12.3x | 11.8x | 0.4x |
| Thu, 16 May 2024 | ر.ع821.3m | ر.ع2.1b | ر.ع70.8m | 11.5x | 11.6x | 0.4x |
| Sat, 13 Apr 2024 | ر.ع851.5m | ر.ع2.1b | ر.ع70.0m | 11.3x | 12.2x | 0.4x |
| Mon, 11 Mar 2024 | ر.ع871.4m | ر.ع2.1b | ر.ع70.2m | 12x | 12.4x | 0.4x |
| Wed, 07 Feb 2024 | ر.ع867.6m | ر.ع2.0b | ر.ع71.4m | 11.6x | 12.1x | 0.4x |
| Fri, 05 Jan 2024 | ر.ع892.3m | ر.ع2.0b | ر.ع71.4m | 11.7x | 12.5x | 0.4x |
| Sun, 03 Dec 2023 | ر.ع885.4m | ر.ع2.0b | ر.ع71.7m | 11.8x | 12.4x | 0.4x |
| Tue, 31 Oct 2023 | ر.ع881.8m | ر.ع2.0b | ر.ع61.2m | 12.6x | 14.4x | 0.4x |
| Thu, 28 Sep 2023 | ر.ع233.6m | ر.ع2.0b | ر.ع15.6m | 11.3x | 15x | 0.1x |
| Sat, 26 Aug 2023 | ر.ع230.6m | ر.ع2.0b | ر.ع15.6m | 11.9x | 14.8x | 0.1x |
| Mon, 24 Jul 2023 | ر.ع245.0m | ر.ع2.0b | ر.ع18.6m | 11.4x | 13.1x | 0.1x |
| Wed, 21 Jun 2023 | ر.ع251.7m | ر.ع2.0b | ر.ع18.9m | 10.6x | 13.3x | 0.1x |
| Fri, 19 May 2023 | ر.ع242.7m | ر.ع1.9b | ر.ع18.4m | 10.9x | 13.2x | 0.1x |
Price to Earnings Ratio
13.2x
Current Industry PE
- Investors are relatively neutral on the Omani Oil and Gas 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 16.4x.
- The 3-year average PS ratio of 0.90x is lower than the industry's current PS ratio of 1.9x.
Past Earnings Growth
- The earnings for companies in the Oil and Gas industry have grown 181% per year over the last three years.
- Revenues for these companies have grown 24% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Trends
Which industries have driven the changes within the Omani Energy industry?
| OM Market | -1.51% | |
| Energy | -2.15% | |
| Oil and Gas | -2.21% | |
| Oil and Gas Storage and Transportation | 2.30% | |
| Integrated Oil and Gas | 1.33% | |
| Oil and Gas Exploration and Production | 0% | 0 |
| Oil and Gas Refining and Marketing | -2.43% | |
Industry PE
- Investors are most optimistic about the Oil and Gas Storage and Transportation industry which is trading above its 3-year average PE ratio of 14.8x.
- Analysts are expecting annual earnings growth of 3.1%, which is lower than the prior year's growth of 16.5% per year.
- Investors are most pessimistic about the Integrated Oil and Gas industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average.
Forecasted Growth
- Analysts are most optimistic on the Oil and Gas Storage and Transportation industry, expecting annual earnings growth of 3.1% over the next 5 years.
- However this is lower than its past earnings growth rate of 17% per year.
- In contrast, the Oil and Gas Refining and Marketing industry is expected to see its earnings growth to stay flat over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| ASCO Asyad Shipping Company SAOG | ر.ع0.30 | 2.3% +ر.ع36.5m | 167.5% | PE27.7x | |
| OQGN OQ Gas Networks SAOG | ر.ع0.27 | 2.2% +ر.ع26.0m | 103.0% | PE22.7x | |
| OOMS Oman Oil Marketing Company SAOG | ر.ع1.20 | 0.4% +ر.ع322.5k | 76.7% | PE7.7x | |
| MGMC Muscat Gases Company SAOG | ر.ع0.15 | 1.3% +ر.ع60.0k | 90.0% | PE2.9x |