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Singaporean (SGX) Oil and Gas Industry Analysis
UpdatedAug 11, 2025
DataAggregated Company Financials
Companies8
- 7D3.9%
- 3M20.8%
- 1Y29.0%
- YTD21.1%
The Oil and Gas industry is up 3.9% in the last week, with Geo Energy Resources up 14%. This takes the industry's 12 month performance to a gain of 29%. As for the next few years, earnings are expected to grow by 18% per annum.
Industry Valuation and Performance
Has the Singaporean Oil and Gas Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 11 Aug 2025 | S$1.9b | S$25.3b | S$187.2m | 9x | 10.1x | 0.07x |
| Wed, 09 Jul 2025 | S$1.7b | S$25.1b | S$186.2m | 8.1x | 8.9x | 0.07x |
| Fri, 06 Jun 2025 | S$1.6b | S$25.2b | S$187.6m | 6.8x | 8.5x | 0.06x |
| Sun, 04 May 2025 | S$1.6b | S$25.5b | S$185.2m | 7.2x | 8.6x | 0.06x |
| Tue, 01 Apr 2025 | S$1.6b | S$26.4b | S$197.4m | 6.7x | 8x | 0.06x |
| Thu, 27 Feb 2025 | S$1.5b | S$26.5b | S$235.8m | 5.2x | 6.5x | 0.06x |
| Sat, 25 Jan 2025 | S$1.5b | S$26.7b | S$237.2m | 6.2x | 6.3x | 0.06x |
| Mon, 23 Dec 2024 | S$1.5b | S$26.8b | S$238.4m | 6x | 6.1x | 0.05x |
| Wed, 20 Nov 2024 | S$1.5b | S$26.5b | S$235.8m | 6x | 6.3x | 0.06x |
| Fri, 18 Oct 2024 | S$1.5b | S$26.2b | S$268.1m | 7.4x | 5.8x | 0.06x |
| Sun, 15 Sep 2024 | S$1.4b | S$25.9b | S$265.7m | 7x | 5.4x | 0.06x |
| Tue, 13 Aug 2024 | S$1.4b | S$24.7b | S$220.0m | 7.4x | 6.5x | 0.06x |
| Thu, 11 Jul 2024 | S$1.5b | S$25.2b | S$214.1m | 8.3x | 6.9x | 0.06x |
| Sat, 08 Jun 2024 | S$1.5b | S$25.2b | S$213.6m | 6.9x | 7.1x | 0.06x |
| Mon, 06 May 2024 | S$1.6b | S$25.4b | S$215.6m | 6.6x | 7.2x | 0.06x |
| Wed, 03 Apr 2024 | S$1.7b | S$25.4b | S$216.1m | 6.9x | 7.7x | 0.07x |
| Fri, 01 Mar 2024 | S$1.6b | S$24.4b | S$189.6m | 6.6x | 8.4x | 0.07x |
| Sun, 28 Jan 2024 | S$2.1b | S$32.0b | S$1.2b | 5.8x | 1.8x | 0.07x |
| Tue, 26 Dec 2023 | S$2.1b | S$31.7b | S$1.2b | 5.9x | 1.8x | 0.07x |
| Thu, 23 Nov 2023 | S$2.0b | S$32.0b | S$1.2b | 4.8x | 1.8x | 0.06x |
| Sat, 21 Oct 2023 | S$2.0b | S$32.8b | S$1.2b | 11.8x | 1.7x | 0.06x |
| Mon, 18 Sep 2023 | S$2.0b | S$32.6b | S$1.2b | 12.1x | 1.7x | 0.06x |
| Wed, 16 Aug 2023 | S$2.0b | S$32.6b | S$1.2b | 3.9x | 1.7x | 0.06x |
| Fri, 14 Jul 2023 | S$2.1b | S$36.4b | S$1.2b | 3.6x | 1.6x | 0.06x |
| Sun, 11 Jun 2023 | S$4.1b | S$36.9b | S$1.3b | 3.2x | 3.3x | 0.1x |
| Tue, 09 May 2023 | S$4.3b | S$36.4b | S$1.3b | 3.3x | 3.3x | 0.1x |
| Thu, 06 Apr 2023 | S$4.5b | S$36.5b | S$1.3b | 3.1x | 3.5x | 0.1x |
| Sat, 04 Mar 2023 | S$4.1b | S$37.0b | S$1.3b | 2.8x | 3.2x | 0.1x |
| Mon, 30 Jan 2023 | S$3.9b | S$35.3b | S$929.3m | 4.1x | 4.2x | 0.1x |
| Wed, 28 Dec 2022 | S$3.8b | S$36.1b | S$952.1m | 4.2x | 4x | 0.1x |
| Fri, 25 Nov 2022 | S$3.6b | S$37.0b | S$975.7m | 3.9x | 3.7x | 0.1x |
| Sun, 23 Oct 2022 | S$3.8b | S$37.7b | S$1.0b | 4.2x | 3.8x | 0.1x |
| Tue, 20 Sep 2022 | S$3.7b | S$37.4b | S$1.0b | 3.8x | 3.7x | 0.1x |
| Thu, 18 Aug 2022 | S$3.1b | S$36.7b | S$920.9m | 4x | 3.4x | 0.09x |
Price to Earnings Ratio
3.4x
Current Industry PE
- Investors are optimistic on the Singaporean Oil and Gas industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 10.1x which is higher than its 3-year average PE of 5.1x.
- The industry is trading close to its 3-year average PS ratio of 0.075x.
Past Earnings Growth
- The earnings for companies in the Oil and Gas industry have declined 41% per year over the last three years,
- Revenues have also declined 12% 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 industry?
| SG Market | 1.84% | |
| Energy | 2.24% | |
| Oil and Gas | 3.91% | |
| Coal and Fuels | 13.64% | |
| Oil and Gas Refining and Marketing | 3.10% | |
| Oil and Gas Storage and Transportation | 0.85% | |
| Oil and Gas Exploration and Production | -3.14% | |
Industry PE
- Investors are most optimistic about the Oil and Gas Refining and Marketing industry which is trading above its 3-year average PE ratio of 6.9x.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
- Investors are most pessimistic about the Coal and Fuels industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 4.3x.
Forecasted Growth
- Analysts are most optimistic on the Coal and Fuels industry, expecting annual earnings growth of 54% over the next 5 years.
- This is better than its past earnings decline of 22% per year.
- In contrast, the Oil and Gas Exploration and Production industry is expected to see its earnings decline by 32% 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 | |
|---|---|---|---|---|---|
| RE4 Geo Energy Resources | S$0.38 | 13.6% +S$63.7m | 31.6% | PE9.7x | |
| G92 China Aviation Oil (Singapore) | S$1.13 | 0.9% +S$8.6m | 31.4% | PE9.6x | |
| C9Q Sinostar PEC Holdings | S$0.15 | 4.3% +S$5.8m | 16.7% | PE5.2x |