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Singaporean (SGX) Energy Sector Analysis

UpdatedNov 15, 2025
DataAggregated Company Financials
Companies22
  • 7D-0.7%
  • 3M19.5%
  • 1Y31.5%
  • YTD37.0%

The Energy is pretty flat in the last 7 days, but Mermaid Maritime has stood out, gaining 4.0%. The past year has been better, since the industry has gained 32% in that time. As for the next few years, earnings are expected to grow by 25% per annum.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 16 Nov 2025S$3.5bS$29.2bS$190.8m11.8x18.4x0.1x
Tue, 14 Oct 2025S$3.4bS$29.1bS$204.2m9.9x16.5x0.1x
Thu, 11 Sep 2025S$3.5bS$28.9bS$207.3m13.4x16.7x0.1x
Sat, 09 Aug 2025S$3.0bS$27.6bS$242.7m9.7x12.4x0.1x
Mon, 07 Jul 2025S$2.7bS$27.5bS$290.1m8x9.4x0.1x
Wed, 04 Jun 2025S$2.6bS$27.8bS$293.6m7.1x8.8x0.09x
Fri, 02 May 2025S$2.5bS$28.2bS$305.4m7.5x8.3x0.09x
Sun, 30 Mar 2025S$2.6bS$28.9bS$317.4m6.9x8.2x0.09x
Tue, 25 Feb 2025S$2.7bS$29.0bS$227.4m5.6x12x0.09x
Thu, 23 Jan 2025S$2.5bS$29.2bS$208.8m7x12.1x0.09x
Sat, 21 Dec 2024S$3.3bS$29.8bS$266.3m7.3x12.5x0.1x
Mon, 18 Nov 2024S$3.4bS$29.5bS$267.3m7.4x12.7x0.1x
Wed, 16 Oct 2024S$3.5bS$28.9bS$314.9m7.2x11x0.1x
Fri, 13 Sep 2024S$3.2bS$28.6bS$313.1m7x10.1x0.1x
Sun, 11 Aug 2024S$3.1bS$26.7bS$239.4m8.8x12.9x0.1x
Tue, 09 Jul 2024S$3.2bS$27.1bS$225.7m9.2x14x0.1x
Thu, 06 Jun 2024S$3.0bS$27.1bS$226.5m9.2x13.3x0.1x
Sat, 04 May 2024S$3.0bS$27.3bS$218.3m9.4x13.9x0.1x
Mon, 01 Apr 2024S$3.0bS$27.2bS$218.3m9.7x13.6x0.1x
Wed, 28 Feb 2024S$3.0bS$26.2bS$266.3m10.5x11.2x0.1x
Fri, 26 Jan 2024S$3.3bS$33.7bS$1.2b11.3x2.6x0.1x
Sun, 24 Dec 2023S$3.4bS$33.4bS$1.2b11.2x2.8x0.1x
Tue, 21 Nov 2023S$3.3bS$33.6bS$1.2b10.8x2.7x0.1x
Thu, 19 Oct 2023S$3.4bS$34.4bS$1.6b12.2x2.1x0.1x
Sat, 16 Sep 2023S$3.4bS$34.2bS$1.6b12.4x2.1x0.1x
Mon, 14 Aug 2023S$3.5bS$34.2bS$1.6b13.5x2.2x0.1x
Wed, 12 Jul 2023S$3.6bS$38.5bS$1.7b9.8x2.1x0.09x
Fri, 09 Jun 2023S$5.5bS$38.6bS$1.7b9.8x3.2x0.1x
Sun, 07 May 2023S$5.5bS$38.0bS$1.7b9.4x3.1x0.1x
Tue, 04 Apr 2023S$5.6bS$38.1bS$1.8b9.1x3.2x0.1x
Thu, 02 Mar 2023S$5.2bS$38.4bS$1.8b5.8x2.9x0.1x
Sat, 28 Jan 2023S$5.2bS$36.8bS$1.4b4.5x3.6x0.1x
Mon, 26 Dec 2022S$4.9bS$37.8bS$1.5b4.8x3.4x0.1x
Wed, 23 Nov 2022S$4.8bS$38.5bS$1.5b4.6x3.2x0.1x
Price to Earnings Ratio

3.2x


Total Market Cap: S$4.8bTotal Earnings: S$1.5bTotal Revenue: S$38.5bTotal Market Cap vs Earnings and Revenue0%0%0%
Singaporean Energy Sector Price to Earnings3Y Average 8.4x202320242025
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 18.4x which is higher than its 3-year average PE of 8.4x.
  • 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 50% per year over the last three years,
  • Revenues have also declined 8.8% 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 Market0.85%
Energy-0.68%
Oil and Gas-0.39%
Energy Services-1.28%
Industry PE
  • Investors are most optimistic about the Energy Services industry even though it's trading below its 3-year average PE ratio of 46.0x.
    • Analysts are expecting annual earnings growth of 23.5%, which is lower than the prior year's growth of 189.5% 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 5.9x.
Forecasted Growth
  • Analysts are most optimistic on the Oil and Gas industry, expecting annual earnings growth of 25% 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 24% 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
DU4 Mermaid MaritimeS$0.134.0%
+S$9.5m
1.6%PE18.1x
G92 China Aviation Oil (Singapore)S$1.540.7%
+S$8.6m
73.0%PE11.9x
RXS Pacific RadianceS$0.0961.1%
+S$1.4m
108.7%PE5.9x
5WH Rex International HoldingS$0.170.6%
+S$1.3m
55.1%PS0.6x
5OR Heatec Jietong HoldingsS$0.03616.1%
+S$1.0m
89.5%PS0.4x

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