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Singaporean (SGX) Energy Sector Analysis

UpdatedMar 02, 2026
DataAggregated Company Financials
Companies22
  • 7D2.6%
  • 3M11.6%
  • 1Y48.9%
  • YTD7.7%

In the last week, the Energy industry is up 2.6%, with RH PetroGas leading the way, up 27%. During this same period, the China Aviation Oil (Singapore) underperformed, falling 6.0%. This means that the industry has gained 49% over the past year. As for the next few years, earnings are expected to grow by 22% per annum.

Sector Valuation and Performance

Has the Singaporean Energy Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 03 Mar 2026S$3.9bS$28.2bS$203.5m14.9x19.3x0.1x
Thu, 29 Jan 2026S$3.8bS$28.4bS$187.6m16.1x20.1x0.1x
Sat, 27 Dec 2025S$3.4bS$28.8bS$191.4m14.2x17.9x0.1x
Mon, 24 Nov 2025S$3.3bS$29.3bS$198.9m14.9x16.8x0.1x
Wed, 22 Oct 2025S$3.3bS$29.1bS$204.1m9.6x16.3x0.1x
Fri, 19 Sep 2025S$3.5bS$28.8bS$202.9m13.6x17.3x0.1x
Sun, 17 Aug 2025S$3.1bS$28.8bS$209.4m10.1x14.6x0.1x
Tue, 15 Jul 2025S$2.9bS$27.7bS$291.4m8.2x9.8x0.1x
Thu, 12 Jun 2025S$2.6bS$27.8bS$293.0m7.2x9x0.1x
Sat, 10 May 2025S$2.5bS$27.9bS$303.0m7.5x8.3x0.09x
Mon, 07 Apr 2025S$2.5bS$29.0bS$318.1m6.9x7.8x0.09x
Wed, 05 Mar 2025S$2.5bS$28.7bS$206.4m8.8x12.2x0.09x
Fri, 31 Jan 2025S$2.5bS$29.2bS$208.2m6.7x12.2x0.09x
Sun, 29 Dec 2024S$3.4bS$29.8bS$266.5m7.4x12.7x0.1x
Tue, 26 Nov 2024S$3.4bS$29.6bS$264.5m7.3x13x0.1x
Thu, 24 Oct 2024S$3.5bS$29.1bS$316.8m7.3x11.1x0.1x
Sat, 21 Sep 2024S$3.2bS$28.6bS$312.2m7x10.2x0.1x
Mon, 19 Aug 2024S$3.2bS$28.8bS$297.2m7.1x10.7x0.1x
Wed, 17 Jul 2024S$3.1bS$27.0bS$224.8m9.6x13.9x0.1x
Fri, 14 Jun 2024S$3.0bS$27.1bS$226.6m9.2x13.3x0.1x
Sun, 12 May 2024S$3.0bS$27.3bS$209.4m9.2x14.1x0.1x
Tue, 09 Apr 2024S$3.2bS$27.2bS$218.0m10x14.5x0.1x
Thu, 07 Mar 2024S$2.9bS$27.3bS$222.6m9.8x13x0.1x
Sat, 03 Feb 2024S$3.3bS$33.6bS$1.2b10.6x2.7x0.1x
Mon, 01 Jan 2024S$3.4bS$33.3bS$1.2b11.4x2.8x0.1x
Wed, 29 Nov 2023S$3.2bS$33.6bS$1.2b11.1x2.6x0.1x
Fri, 27 Oct 2023S$3.2bS$34.4bS$1.6b11.6x2x0.09x
Sun, 24 Sep 2023S$3.4bS$34.3bS$1.6b12.9x2.1x0.1x
Tue, 22 Aug 2023S$3.4bS$34.2bS$1.6b13.5x2.1x0.1x
Thu, 20 Jul 2023S$3.6bS$38.0bS$1.7b9.7x2.1x0.09x
Sat, 17 Jun 2023S$5.6bS$38.3bS$1.7b10.1x3.3x0.1x
Mon, 15 May 2023S$5.4bS$38.4bS$1.7b8.9x3.2x0.1x
Wed, 12 Apr 2023S$5.7bS$38.2bS$1.8b9.1x3.2x0.1x
Fri, 10 Mar 2023S$5.3bS$38.7bS$1.8b9.4x3x0.1x
Price to Earnings Ratio

3x


Total Market Cap: S$5.3bTotal Earnings: S$1.8bTotal Revenue: S$38.7bTotal Market Cap vs Earnings and Revenue0%0%0%
Singaporean Energy Sector Price to Earnings3Y Average 9.9x202420252026
Current Industry PE
  • Investors are optimistic on the Singaporean Energy industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 19.3x which is higher than its 3-year average PE of 9.9x.
  • The industry is trading close to its 3-year average PS ratio of 0.11x.
Past Earnings Growth
  • The earnings for companies in the Energy industry have declined 51% per year over the last three years,
  • Revenues have also declined 10% per year.
  • This means overall sales from these companies are declining and profits are subsequently falling as well.

Industry Trends

Which industries have driven the changes within the Singaporean Energy sector?

SG Market-0.35%
Energy2.65%
Oil and Gas4.06%
Energy Services-0.72%
Industry PE
  • Investors are most optimistic about the Energy Services industry even though it's trading below its 3-year average PE ratio of 48.0x.
    • Analysts are expecting annual earnings growth of 10.8%, which is higher than its past year's earnings decline of 11.6% per year.
  • Investors are most pessimistic about the Oil and Gas industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 7.1x.
Forecasted Growth
  • Analysts are most optimistic on the Oil and Gas industry, expecting annual earnings growth of 23% over the next 5 years.
  • This is better than its past earnings decline of 30% per year.
  • In contrast, the Energy Services industry is expected to see its earnings grow by 11% 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
5WH Rex International HoldingS$0.1825.9%
+S$50.0m
14.9%PS0.6x
T13 RH PetroGasS$0.2232.5%
+S$45.1m
41.0%PE21.1x
RE4 Geo Energy ResourcesS$0.454.7%
+S$34.2m
67.9%PE21.8x
Y35 AnAn InternationalS$0.02441.2%
+S$29.6m
380.0%PE10x
DU4 Mermaid MaritimeS$0.135.5%
+S$13.2m
17.5%PE29.5x

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