Has the Swedish Oil and Gas Industry valuation changed over the past few years?
|Thu, 02 Dec 2021||kr6.0b||kr2.5b||-kr435,713,160.00||16.8x|
|Sat, 30 Oct 2021||kr6.3b||kr2.3b||-kr370,226,256.00||82.8x|
|Mon, 27 Sep 2021||kr5.3b||kr2.3b||-kr369,465,576.00||68.7x|
|Wed, 25 Aug 2021||kr5.1b||kr3.8b||-kr416,982,466.96||64.9x|
|Thu, 01 Jul 2021||kr5.4b||kr3.8b||-kr416,982,466.96||71.9x|
|Sun, 04 Apr 2021||kr5.9b||kr3.6b||-kr368,324,662.80||6.8x|
|Wed, 06 Jan 2021||kr5.6b||kr3.5b||-kr195,741,216.48||30.5x|
|Sat, 10 Oct 2020||kr3.8b||kr3.4b||kr80.0m||27.9x|
|Fri, 03 Jul 2020||kr4.3b||kr3.5b||kr215.8m||11.8x|
|Mon, 06 Apr 2020||kr4.0b||kr3.8b||kr439.4m||4x|
|Thu, 09 Jan 2020||kr7.3b||kr3.6b||kr214.0m||10.8x|
|Wed, 02 Oct 2019||kr6.8b||kr3.9b||kr552.8m||6.1x|
|Sat, 06 Jul 2019||kr6.8b||kr3.7b||kr466.8m||9.2x|
|Tue, 09 Apr 2019||kr5.8b||kr3.6b||kr388.6m||6.3x|
|Mon, 31 Dec 2018||kr4.5b||kr3.4b||kr321.9m||5.6x|
Current Industry PE: There are only 2 profitable companies in this industry, so there is insufficient data to make an industry-wide assessment of PE.
Past Earnings Growth: Total earnings for the Oil and Gas industry have declined over the last three years, with the industry now making a loss overall. Revenues have declined 5.7% per year. This means overall sales are declining and profits are subsequently falling as well.
Which industries have driven the changes within the Swedish Oil and Gas industry?
|Oil and Gas Refining and Marketing||4.05%|
|Oil and Gas Storage and Transportation||2.83%|
|Oil and Gas Exploration and Production||-7.38%|
|Coal and Fuels||-10.87%|
Industry PE: Investors are most optimistic about the Oil and Gas Exploration and Production industry even though it's trading below its 3-year average PE ratio of 19.5x. However analysts are expecting annual earnings growth of 31%, which is lower than the prior year's growth of 957% per year. So the market might believe that analysts are underestimating future growth.
Forecasted Growth: Analysts are most optimistic on the Oil and Gas Storage and Transportation industry, expecting annual earnings growth of 94% over the next 5 years. Meanwhile, the Oil and Gas Exploration and Production industry is expected to see its earnings grow by 31% per year over the next few years.