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Singaporean (SGX) Energy Services Industry Analysis

UpdatedNov 14, 2025
DataAggregated Company Financials
Companies14
  • 7D1.8%
  • 3M19.1%
  • 1Y-3.1%
  • YTD16.2%

Over the last 7 days, the Energy Services industry has risen 1.8%, driven by gains from Mermaid Maritime of 4.0%. Meanwhile, Salt Investments actually underperformed within the industry, shrinking 33% in the last week. However, the industry is down 3.1% over the past year. Looking forward, earnings are forecast to grow by 47% annually.

Industry Valuation and Performance

Has the Singaporean Energy Services Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 14 Nov 2025S$1.2bS$2.2bS$29.4m8.7x39.6x0.5x
Sun, 12 Oct 2025S$1.2bS$2.2bS$33.5m13.2x34.9x0.5x
Tue, 09 Sep 2025S$1.2bS$2.2bS$38.7m18.1x31.7x0.5x
Thu, 07 Aug 2025S$1.2bS$2.4bS$75.7m23.3x15.4x0.5x
Sat, 05 Jul 2025S$1.1bS$2.5bS$104.4m18.8x10.3x0.4x
Mon, 02 Jun 2025S$959.3mS$2.5bS$104.9m7.2x9.1x0.4x
Wed, 30 Apr 2025S$941.2mS$2.5bS$118.1m7.8x8x0.4x
Fri, 28 Mar 2025S$1.0bS$2.5bS$120.0m8.6x8.5x0.4x
Sun, 23 Feb 2025S$1.2bS$2.5b-S$8,452,773.237.8x-136.9x0.5x
Tue, 21 Jan 2025S$1.1bS$2.5b-S$29,688,191.707.8x-36.1x0.4x
Thu, 19 Dec 2024S$1.9bS$2.9bS$27.5m9.6x67.7x0.6x
Sat, 16 Nov 2024S$1.9bS$2.8bS$39.2m8.5x48.7x0.7x
Mon, 14 Oct 2024S$1.9bS$2.8bS$47.5m7.8x40.9x0.7x
Wed, 11 Sep 2024S$1.5bS$2.6bS$46.3m7x33.3x0.6x
Fri, 09 Aug 2024S$1.6bS$2.0bS$19.4m9.5x84.5x0.8x
Sun, 07 Jul 2024S$1.7bS$1.9bS$11.6m13x143x0.9x
Tue, 04 Jun 2024S$1.5bS$1.9bS$5.7m13.2x264.9x0.8x
Thu, 02 May 2024S$1.5bS$1.8bS$1.6m13.5x911.9x0.8x
Sat, 30 Mar 2024S$1.3bS$1.8bS$2.6m11.9x509.9x0.7x
Mon, 26 Feb 2024S$1.3bS$1.7bS$68.7m11.7x18.6x0.7x
Wed, 24 Jan 2024S$1.2bS$1.7bS$63.6m11.7x18.4x0.7x
Fri, 22 Dec 2023S$1.3bS$1.7bS$63.6m11.6x20.7x0.8x
Sun, 19 Nov 2023S$1.2bS$1.7bS$63.8m11x19.2x0.7x
Tue, 17 Oct 2023S$1.4bS$1.7bS$465.1m14.3x3x0.8x
Thu, 14 Sep 2023S$1.4bS$1.7bS$462.9m15x3x0.8x
Sat, 12 Aug 2023S$1.5bS$1.6bS$450.9m16.3x3.3x0.9x
Mon, 10 Jul 2023S$1.5bS$1.6bS$456.9m10.8x3.2x0.9x
Wed, 07 Jun 2023S$1.3bS$1.6bS$455.5m10.7x2.9x0.8x
Fri, 05 May 2023S$1.2bS$1.5bS$462.9m12.3x2.6x0.8x
Sun, 02 Apr 2023S$1.1bS$1.5bS$465.3m13.2x2.4x0.7x
Tue, 28 Feb 2023S$1.2bS$1.5bS$514.4m10.5x2.3x0.8x
Thu, 26 Jan 2023S$1.2bS$1.5bS$491.8m13.4x2.4x0.8x
Sat, 24 Dec 2022S$1.2bS$1.5bS$503.6m13.3x2.4x0.8x
Mon, 21 Nov 2022S$1.2bS$1.4bS$522.4m9.3x2.2x0.8x
Price to Earnings Ratio

2.2x


Total Market Cap: S$1.2bTotal Earnings: S$522.4mTotal Revenue: S$1.4bTotal Market Cap vs Earnings and Revenue0%0%0%
Singaporean Energy Services Industry Price to Earnings3Y Average 45.9x202320242025
Current Industry PE
  • Investors are pessimistic on the Singaporean Energy Services 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 39.3x which is lower than its 3-year average PE of 45.9x.
  • The industry is trading close to its 3-year average PS ratio of 0.69x.
Past Earnings Growth
  • The earnings for companies in the Energy Services industry have declined 62% per year over the last three years.
  • Meanwhile revenues for these companies have grown 15% per year.
  • This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Industry Trends

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

SG Market1.63%
Energy0.12%
Energy Services1.79%
Oil and Gas Services1.79%
Oil and Gas Drilling0%0
Industry PE
  • Investors are most optimistic about the Oil and Gas Services industry even though it's trading below its 3-year average PE ratio of 45.9x.
    • Analysts are expecting annual earnings growth of 46.6%, which is lower than the prior year's growth of 368.9% per year.
  • Investors are most pessimistic about the Oil and Gas Services industry, which is trading below its 3-year average of 45.9x.
Forecasted Growth
  • Analysts are most optimistic on the Oil and Gas Services industry, expecting annual earnings growth of 47% over the next 5 years.
  • However this is lower than its past earnings growth rate of 369% per year.
  • In contrast, the Oil and Gas Services 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
DU4 Mermaid MaritimeS$0.134.0%
+S$9.5m		1.6%PS0.4x
RXS Pacific RadianceS$0.0961.1%
+S$1.4m		108.7%PE5.8x
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

Latest News

5OR
S$0.036
Heatec Jietong Holdings
7D
16.1%
1Y
89.5%
5WH
S$0.17
Rex International Holding
7D
0.6%
1Y
55.1%
RXS
S$0.096
Pacific Radiance
7D
1.1%
1Y
108.7%

Pacific Radiance Ltd.'s (SGX:RXS) Earnings Are Not Doing Enough For Some Investors

Oct 17
Pacific Radiance Ltd.'s (SGX:RXS) Earnings Are Not Doing Enough For Some Investors
5UL
S$0.10
Atlantic Navigation Holdings (Singapore)
7D
-2.0%
1Y
-71.0%
FQ7
S$0.002
Salt Investments
7D
-33.3%
1Y
-50.0%
C13
S$0.015
CH Offshore
7D
-6.3%
1Y
-71.2%

Returns At CH Offshore (SGX:C13) Are On The Way Up

Oct 07
Returns At CH Offshore (SGX:C13) Are On The Way Up
DU4
S$0.13
Mermaid Maritime
7D
4.0%
1Y
1.6%

Cautious Investors Not Rewarding Mermaid Maritime Public Company Limited's (SGX:DU4) Performance Completely

Sep 16
Cautious Investors Not Rewarding Mermaid Maritime Public Company Limited's (SGX:DU4) Performance Completely
5NF
S$0.049
Mencast Holdings
7D
-2.0%
1Y
88.5%