Earnings Working Against Saudi Arabian Oil Company's (TADAWUL:2222) Share Price
Dec 09
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Saudi Arabian (Tadawul) Oil and Gas Industry Analysis
UpdatedDec 19, 2024
DataAggregated Company Financials
Companies4
- 7D-0.4%
- 3M3.8%
- 1Y-14.0%
- YTD-13.9%
Over the last 7 days, the Oil and Gas industry has dropped 1.8%, driven by pullbacks from every company within the industry. The industry has fallen 15% in the last year. Looking forward, earnings are expected to remain mostly flat in the next few years.
Industry Valuation and Performance
Has the Saudi Arabian Oil and Gas Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 19 Dec 2024 | ر.س6.9t | ر.س1.9t | ر.س406.9b | 13x | 17x | 3.7x |
| Sat, 16 Nov 2024 | ر.س6.8t | ر.س1.9t | ر.س406.9b | 13.4x | 16.7x | 3.6x |
| Mon, 14 Oct 2024 | ر.س6.6t | ر.س1.9t | ر.س432.7b | 15.1x | 15.2x | 3.5x |
| Wed, 11 Sep 2024 | ر.س6.6t | ر.س1.9t | ر.س432.7b | 15.1x | 15.3x | 3.5x |
| Fri, 09 Aug 2024 | ر.س6.7t | ر.س1.9t | ر.س432.6b | 15.4x | 15.6x | 3.5x |
| Sun, 07 Jul 2024 | ر.س6.9t | ر.س1.9t | ر.س435.4b | 27.7x | 15.8x | 3.6x |
| Tue, 04 Jun 2024 | ر.س7.0t | ر.س1.9t | ر.س435.4b | 28.2x | 16.2x | 3.7x |
| Thu, 02 May 2024 | ر.س7.3t | ر.س1.9t | ر.س450.0b | 30.6x | 16.3x | 3.8x |
| Sat, 30 Mar 2024 | ر.س7.5t | ر.س1.9t | ر.س450.0b | 31.1x | 16.6x | 3.9x |
| Mon, 26 Feb 2024 | ر.س7.8t | ر.س2.0t | ر.س472.2b | 31.9x | 16.5x | 4x |
| Wed, 24 Jan 2024 | ر.س7.7t | ر.س2.0t | ر.س472.2b | 29.8x | 16.3x | 3.9x |
| Fri, 22 Dec 2023 | ر.س8.0t | ر.س2.0t | ر.س472.2b | 30.1x | 17x | 4.1x |
| Sun, 19 Nov 2023 | ر.س8.2t | ر.س2.0t | ر.س472.2b | 24.4x | 17.3x | 4.2x |
| Tue, 17 Oct 2023 | ر.س8.1t | ر.س2.1t | ر.س504.5b | 25x | 16.1x | 3.9x |
| Thu, 14 Sep 2023 | ر.س8.1t | ر.س2.1t | ر.س504.5b | 26.5x | 16.2x | 3.9x |
| Sat, 12 Aug 2023 | ر.س8.3t | ر.س2.1t | ر.س504.5b | 24.8x | 16.4x | 4x |
| Mon, 10 Jul 2023 | ر.س7.9t | ر.س2.3t | ر.س571.6b | 25.9x | 13.8x | 3.4x |
| Wed, 07 Jun 2023 | ر.س7.9t | ر.س2.3t | ر.س571.6b | 25.3x | 13.8x | 3.4x |
| Fri, 05 May 2023 | ر.س7.7t | ر.س2.3t | ر.س597.4b | 22.7x | 13x | 3.3x |
| Sun, 02 Apr 2023 | ر.س7.1t | ر.س2.3t | ر.س599.7b | 15.4x | 11.9x | 3x |
| Tue, 28 Feb 2023 | ر.س6.9t | ر.س2.3t | ر.س591.0b | 14.9x | 11.6x | 3x |
| Thu, 26 Jan 2023 | ر.س7.3t | ر.س2.3t | ر.س590.5b | 24.8x | 12.4x | 3.2x |
| Sat, 24 Dec 2022 | ر.س6.9t | ر.س2.3t | ر.س590.5b | 24.1x | 11.6x | 3x |
| Mon, 21 Nov 2022 | ر.س7.4t | ر.س2.3t | ر.س590.5b | 24.3x | 12.6x | 3.2x |
| Wed, 19 Oct 2022 | ر.س7.8t | ر.س2.1t | ر.س544.8b | 26.4x | 14.4x | 3.7x |
| Fri, 16 Sep 2022 | ر.س8.2t | ر.س2.1t | ر.س544.8b | 25.4x | 15.1x | 3.9x |
| Sun, 14 Aug 2022 | ر.س9.0t | ر.س1.8t | ر.س461.3b | 26x | 19.6x | 5.1x |
| Tue, 12 Jul 2022 | ر.س8.4t | ر.س1.8t | ر.س461.2b | 25.1x | 18.2x | 4.7x |
| Thu, 09 Jun 2022 | ر.س9.0t | ر.س1.8t | ر.س461.2b | 29.3x | 19.6x | 5.1x |
| Sat, 07 May 2022 | ر.س9.0t | ر.س1.6t | ر.س397.7b | 29.6x | 22.7x | 5.8x |
| Mon, 04 Apr 2022 | ر.س8.6t | ر.س1.6t | ر.س397.6b | 33x | 21.5x | 5.5x |
| Wed, 02 Mar 2022 | ر.س8.3t | ر.س1.4t | ر.س332.3b | 52.2x | 25.1x | 6.2x |
| Fri, 28 Jan 2022 | ر.س7.4t | ر.س1.4t | ر.س332.3b | 52.3x | 22.4x | 5.5x |
| Sun, 26 Dec 2021 | ر.س7.2t | ر.س1.4t | ر.س332.3b | 31.7x | 21.6x | 5.3x |
Price to Earnings Ratio
21.6x
Current Industry PE
- Investors are relatively neutral on the Saudi 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 16.3x.
- The industry is trading close to its 3-year average PS ratio of 4.0x.
Past Earnings Growth
- The earnings for companies in the Oil and Gas industry have grown 7.0% per year over the last three years.
- Revenues for these companies have grown 12% 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 Saudi Arabian Energy industry?
| SA Market | -1.06% | |
| Energy | -0.38% | |
| Oil and Gas | -0.37% | |
| Oil and Gas Exploration and Production | 0% | |
| Coal and Fuels | 0% | |
| Integrated Oil and Gas | -0.35% | |
| Oil and Gas Refining and Marketing | -2.24% | |
| Oil and Gas Storage and Transportation | -4.02% | |
Industry PE
- Investors are most optimistic about the Integrated Oil and Gas industry, which is trading close to its 3-year average PE ratio of 16.2x.
- Analysts are expecting annual earnings growth of 0.8%, which is higher than its past year's earnings decline of 13.7% per year.
Forecasted Growth
- Analysts are most optimistic on the Oil and Gas Refining and Marketing industry, expecting annual earnings growth of 32% over the next 5 years.
- In contrast, the Integrated Oil and Gas 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 | |
|---|---|---|---|---|---|
| 2222 Saudi Arabian Oil | ر.س28.70 | 0.9% +ر.س60.5b | -13.0% | PE16.9x |
