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Swedish (OMX) Oil and Gas Industry Analysis
UpdatedSep 29, 2023
DataAggregated Company Financials
Companies9
- 7D0.2%
- 3M3.4%
- 1Y-18.4%
- YTD-15.0%
Last week, the Oil and Gas industry hasn't moved much but Maha Energy is up 3.0% in that time. As for the longer term, the industry has declined 18% in the last year. As for the next few years, earnings are expected to grow by 62% per annum.
Industry Valuation and Performance
Has the Swedish Oil and Gas Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 29 Sep 2023 | kr4.7b | kr2.6b | kr382.1m | 2.6x | 12.3x | 1.8x |
| Sun, 27 Aug 2023 | kr4.9b | kr2.6b | kr371.5m | 2.5x | 13.3x | 1.9x |
| Tue, 25 Jul 2023 | kr4.8b | kr2.6b | kr414.8m | 2.2x | 11.5x | 1.8x |
| Thu, 22 Jun 2023 | kr4.7b | kr2.7b | kr401.4m | 2.2x | 11.8x | 1.8x |
| Sat, 20 May 2023 | kr4.7b | kr2.6b | kr434.1m | 2.3x | 10.9x | 1.8x |
| Mon, 17 Apr 2023 | kr5.1b | kr2.8b | kr414.6m | 2.7x | 12.4x | 1.8x |
| Wed, 15 Mar 2023 | kr5.1b | kr2.8b | kr420.7m | 2.6x | 12.2x | 1.8x |
| Fri, 10 Feb 2023 | kr5.5b | kr3.4b | kr417.6m | 3.8x | 13.1x | 1.6x |
| Sun, 08 Jan 2023 | kr5.3b | kr3.3b | kr332.5m | 3.8x | 15.8x | 1.6x |
| Tue, 06 Dec 2022 | kr4.8b | kr3.3b | kr322.0m | 3.8x | 14.8x | 1.4x |
| Thu, 03 Nov 2022 | kr5.5b | kr3.4b | kr167.3m | 4.7x | 32.8x | 1.6x |
| Sat, 01 Oct 2022 | kr5.0b | kr3.4b | kr184.6m | 4.3x | 26.9x | 1.5x |
| Mon, 29 Aug 2022 | kr5.3b | kr3.3b | kr165.5m | 4.9x | 32.3x | 1.6x |
| Wed, 27 Jul 2022 | kr5.5b | kr3.1b | -kr207,270,782.00 | 7.4x | -26.5x | 1.8x |
| Fri, 24 Jun 2022 | kr7.8b | kr3.1b | -kr311,449,313.00 | 7.8x | -25x | 2.5x |
| Sun, 22 May 2022 | kr131.9b | kr3.0b | -kr335,224,257.00 | 9.8x | -393.5x | 43.7x |
| Tue, 19 Apr 2022 | kr129.0b | kr2.8b | -kr622,594,104.00 | 14.2x | -207.2x | 46.2x |
| Thu, 17 Mar 2022 | kr105.9b | kr2.7b | -kr619,485,441.00 | 10.9x | -171x | 38.6x |
| Sat, 12 Feb 2022 | kr104.3b | kr2.6b | -kr508,704,381.00 | 16.5x | -205.1x | 39.8x |
| Mon, 10 Jan 2022 | kr6.4b | kr2.5b | -kr430,812,526.00 | 18x | -14.8x | 2.5x |
| Wed, 08 Dec 2021 | kr6.1b | kr2.5b | -kr430,605,143.00 | 16.9x | -14.1x | 2.4x |
| Fri, 05 Nov 2021 | kr6.7b | kr2.3b | -kr442,964,306.00 | 82x | -15.1x | 2.9x |
| Sun, 03 Oct 2021 | kr5.6b | kr2.3b | -kr369,880,181.00 | 74.9x | -15.2x | 2.4x |
| Tue, 31 Aug 2021 | kr5.0b | kr3.8b | -kr416,982,466.96 | 63.2x | -12x | 1.3x |
| Wed, 07 Jul 2021 | kr5.4b | kr3.8b | -kr416,982,466.96 | 71.9x | -13.1x | 1.4x |
| Sat, 10 Apr 2021 | kr5.9b | kr3.6b | -kr368,324,662.80 | 6.8x | -15.9x | 1.7x |
| Fri, 01 Jan 2021 | kr5.6b | kr3.5b | -kr195,741,216.48 | 30.5x | -28.6x | 1.6x |
| Mon, 05 Oct 2020 | kr3.8b | kr3.4b | kr80.0m | 27.9x | 47.8x | 1.1x |
Price to Earnings Ratio
47.8x
Current Industry PE
- Investors are pessimistic on the Swedish Oil and Gas 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 12.3x which is higher than its 3-year average PE of -33.4x.
- The 3-year average PS ratio of 7.1x is higher than the industry's current PS ratio of 1.8x.
Past Earnings Growth
- The earnings for companies in the Oil and Gas industry have grown 68% per year over the last three years.
- Meanwhile revenues for these companies have declined 8.5% per year.
- This means that less sales are being generated overall, but since cost of doing business is lower, profits have been increasing.
Industry Trends
Which industries have driven the changes within the Swedish Energy industry?
| SE Market | -2.23% | |
| Energy | 0.18% | |
| Oil and Gas | 0.22% | |
| Oil and Gas Exploration and Production | 1.70% | |
| Oil and Gas Refining and Marketing | 0.79% | |
| Integrated Oil and Gas | 0% | |
| Oil and Gas Storage and Transportation | -3.32% | |
| Coal and Fuels | -20.45% | |
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 171x.
- Analysts are expecting annual earnings growth of 61.7%, which is higher than its past year's earnings growth of 27.8% per year.
Forecasted Growth
- Analysts are most optimistic on the Oil and Gas Exploration and Production industry, expecting annual earnings growth of 62% over the next 5 years.
- This is better than its past earnings growth rate of 28% per year.
- In contrast, the Oil and Gas Exploration and Production industry is expected to see its earnings grow by 62% per year 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 | |
|---|---|---|---|---|---|
| MAHA A Maha Energy | kr8.42 | 1.8% +kr26.8m | -28.0% | PS24.9x | |
| TETY Tethys Oil | kr54.92 | 0.3% +kr4.8m | -12.4% | PE3.4x | |
| ABI AB Igrene | kr0.39 | 22.4% +kr3.6m | -22.2% | PB0.8x | |
| REATO Reato Group | kr1.58 | 3.3% +kr3.3m | -44.4% | n/a |