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Swedish (OMX) Oil and Gas Industry Analysis

UpdatedJun 29, 2024
DataAggregated Company Financials
Companies6
  • 7D5.0%
  • 3M2.8%
  • 1Y-12.1%
  • YTD-19.4%

The Oil and Gas industry is up 5.0% in the last week, with Maha Energy up 6.0%. Meanwhile, Cortus Energy actually underperformed within the industry, shrinking 6.1% in the last week. In contrast, the industry has lost 12% in the last 12 months. Looking forward, earnings are forecast to grow by 47% annually.

Industry Valuation and Performance

Has the Swedish Oil and Gas Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 29 Jun 2024SEK 2.8bSEK 1.6b-SEK 164,961,236.1041.5x-17x1.8x
Mon, 27 May 2024SEK 2.7bSEK 1.6b-SEK 260,419,215.09n/a-10.5x1.7x
Wed, 24 Apr 2024SEK 2.9bSEK 1.6b-SEK 257,182,819.48n/a-11.2x1.8x
Fri, 22 Mar 2024SEK 3.6bSEK 2.0b-SEK 410,575,580.44n/a-8.8x1.8x
Sun, 18 Feb 2024SEK 3.6bSEK 2.0b-SEK 451,135,873.21n/a-8x1.8x
Tue, 16 Jan 2024SEK 4.9bSEK 2.3bSEK 211.7m3.4x22.9x2.1x
Thu, 14 Dec 2023SEK 4.4bSEK 2.4bSEK 215.0m3.3x20.6x1.9x
Sat, 11 Nov 2023SEK 4.6bSEK 2.5bSEK 219.0m2.9x21.2x1.8x
Mon, 09 Oct 2023SEK 4.6bSEK 2.6bSEK 383.8m2.5x12x1.8x
Wed, 06 Sep 2023SEK 5.1bSEK 2.6bSEK 388.9m2.6x13.1x1.9x
Fri, 04 Aug 2023SEK 4.9bSEK 2.7bSEK 427.9m2.2x11.5x1.9x
Sun, 02 Jul 2023SEK 4.7bSEK 2.7bSEK 402.2m2.2x11.6x1.8x
Tue, 30 May 2023SEK 4.6bSEK 2.6bSEK 452.3m2.2x10.3x1.8x
Thu, 27 Apr 2023SEK 4.9bSEK 2.6bSEK 414.6m2.5x11.8x1.9x
Sat, 25 Mar 2023SEK 4.8bSEK 2.8bSEK 419.0m2.6x11.6x1.7x
Mon, 20 Feb 2023SEK 5.3bSEK 3.6bSEK 857.2m3.1x6.2x1.5x
Wed, 18 Jan 2023SEK 5.5bSEK 3.3bSEK 324.4m4.1x16.9x1.7x
Fri, 16 Dec 2022SEK 5.0bSEK 3.3bSEK 318.3m4x15.7x1.5x
Sun, 13 Nov 2022SEK 5.2bSEK 3.4bSEK 248.9m4x20.8x1.5x
Tue, 11 Oct 2022SEK 5.3bSEK 3.5bSEK 200.1m4.4x26.5x1.5x
Thu, 08 Sep 2022SEK 5.2bSEK 3.4bSEK 161.5m4.5x32.3x1.6x
Sat, 06 Aug 2022SEK 5.6bSEK 3.1b-SEK 211,778,741.007.2x-26.2x1.8x
Mon, 04 Jul 2022SEK 7.4bSEK 3.1b-SEK 305,136,339.007.2x-24.2x2.4x
Wed, 01 Jun 2022SEK 141.7bSEK 3.0b-SEK 343,033,401.0010.7x-413.2x47.6x
Fri, 29 Apr 2022SEK 123.0bSEK 2.8b-SEK 559,066,315.0014.1x-220x43.5x
Sun, 27 Mar 2022SEK 118.9bSEK 2.7b-SEK 625,690,397.0012.7x-190x43.4x
Tue, 22 Feb 2022SEK 99.4bSEK 2.7b-SEK 716,005,421.0015.8x-138.8x36.9x
Thu, 20 Jan 2022SEK 6.7bSEK 2.5b-SEK 430,617,458.0020.3x-15.5x2.7x
Sat, 18 Dec 2021SEK 6.0bSEK 2.5b-SEK 430,673,300.0016.4x-14x2.4x
Mon, 15 Nov 2021SEK 6.9bSEK 2.4b-SEK 477,505,696.0020.5x-14.4x2.9x
Wed, 13 Oct 2021SEK 6.0bSEK 2.3b-SEK 369,906,729.0083.3x-16.1x2.5x
Fri, 10 Sep 2021SEK 5.0bSEK 2.3b-SEK 369,017,466.9663.2x-13.6x2.1x
Sun, 08 Aug 2021SEK 5.4bSEK 3.8b-SEK 416,982,466.9671.2x-12.9x1.4x
Price to Earnings Ratio

-13.1x


Total Market Cap: SEK 5.4bTotal Earnings: -SEK 416,982,466.96Total Revenue: SEK 3.8bTotal Market Cap vs Earnings and Revenue0%0%0%
Swedish Oil and Gas Industry Price to Earnings3Y Average -32.5x202220232024
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 3-year average PS ratio of 7.2x 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 improved over the last three years.
  • Meanwhile revenues for these companies have declined 26% per year.
  • This means that less sales are being generated overall, but since the cost of doing business is lower, losses have been shrinking.

Industry Trends

Which industries have driven the changes within the Swedish Energy industry?

SE Market-0.39%
Energy5.97%
Oil and Gas5.04%
Oil and Gas Refining and Marketing7.43%
Oil and Gas Exploration and Production5.01%
Integrated Oil and Gas0%
Coal and Fuels0%
Oil and Gas Storage and Transportation0%
Industry PE
    Forecasted Growth
    • Analysts are most optimistic on the Oil and Gas Exploration and Production industry, expecting annual earnings growth of 47% over the next 5 years.
    • In contrast, the Oil and Gas Exploration and Production industry is expected to see its earnings grow by 47% per year over the next few years.

    Top Stock Gainers and Losers

    Which companies have driven the market over the last 7 days?

    CompanyLast Price7D1YValuation
    		MAHA A Maha EnergySEK 8.776.0%
    +SEK 89.2m    		13.9%PE41.5x
    		TETY Tethys OilSEK 34.054.0%
    +SEK 41.9m    		-30.2%PS0.8x
    		BIOGAS Biokraft InternationalSEK 20.200.5%
    +SEK 4.4m    		-2.9%PS1.9x
    		ABI AB IgreneSEK 0.5111.8%
    +SEK 2.7m    		60.4%PS164.1x
    		TRIBO B Triboron InternationalSEK 0.2910.9%
    +SEK 2.7m    		-48.2%PS0.3x
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    Latest News

    TRIBO B

    SEK 0.29

    Triboron International

    7D

    10.9%

    1Y

    -48.2%

    Is Triboron International (STO:TRIBO B) Using Too Much Debt?

    Jun 29
    Is Triboron International (STO:TRIBO B) Using Too Much Debt?

    ABI

    SEK 0.51

    AB Igrene

    7D

    11.8%

    1Y

    60.4%

    MISE

    SEK 0.066

    Misen Energy

    7D

    -17.5%

    1Y

    -92.9%

    MAHA A

    SEK 8.77

    Maha Energy

    7D

    6.0%

    1Y

    13.9%

    CE

    SEK 0.40

    Cortus Energy

    7D

    -6.1%

    1Y

    -96.7%

    TETY

    SEK 34.05

    Tethys Oil

    7D

    4.0%

    1Y

    -30.2%

    BIOF

    SEK 0.44

    Biofrigas Sweden

    7D

    -6.0%

    1Y

    -80.7%

    HOTEL

    SEK 1.31

    First Hotels

    7D

    -1.5%

    1Y

    -41.7%

    BIOGAS

    SEK 20.20

    Biokraft International

    7D

    0.5%

    1Y

    -2.9%

    CCOR B

    SEK 9.78

    Concordia Maritime

    7D

    -0.2%

    1Y

    60.9%