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Singaporean (SGX) Oil and Gas Industry Analysis

UpdatedMar 16, 2026
DataAggregated Company Financials
Companies8
  • 7D12.8%
  • 3M31.1%
  • 1Y95.8%
  • YTD23.5%

Over the last 7 days, the Oil and Gas industry has risen 13%, driven by gains from Geo Energy Resources of 19%. Meanwhile, RH PetroGas actually underperformed within the industry, shrinking 9.3% in the last week. This takes the industry's 12 month performance to a gain of 96%. As for the next few years, earnings are expected to grow by 28% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 17 Mar 2026S$3.1bS$26.7bS$172.5m18.3x18x0.1x
Thu, 12 Feb 2026S$2.6bS$26.2bS$140.9m15.2x18.7x0.1x
Sat, 10 Jan 2026S$2.5bS$26.7bS$143.6m14.5x17.4x0.09x
Mon, 08 Dec 2025S$2.3bS$26.9bS$148.9m15.3x15.2x0.08x
Wed, 05 Nov 2025S$2.4bS$27.1bS$171.7m11.5x13.9x0.09x
Fri, 03 Oct 2025S$2.3bS$26.7bS$169.1m10.4x13.9x0.09x
Sun, 31 Aug 2025S$2.1bS$26.6bS$170.7m10.6x12.1x0.08x
Tue, 29 Jul 2025S$1.9bS$25.2bS$187.1m8.6x10.1x0.07x
Thu, 26 Jun 2025S$1.6bS$25.2bS$186.5m7.8x8.7x0.06x
Sat, 24 May 2025S$1.6bS$25.3bS$187.9m7x8.3x0.06x
Mon, 21 Apr 2025S$1.6bS$25.7bS$192.4m6.4x8.1x0.06x
Wed, 19 Mar 2025S$1.5bS$26.2bS$195.8m6.9x7.8x0.06x
Fri, 14 Feb 2025S$1.5bS$26.7bS$237.2m6x6.4x0.06x
Sun, 12 Jan 2025S$1.5bS$27.1bS$241.2m6.1x6.3x0.06x
Tue, 10 Dec 2024S$1.5bS$26.5bS$235.8m6x6.2x0.06x
Thu, 07 Nov 2024S$1.5bS$26.6bS$272.3m7.1x5.4x0.06x
Sat, 05 Oct 2024S$1.6bS$25.9bS$265.9m7.5x6.1x0.06x
Mon, 02 Sep 2024S$1.4bS$26.0bS$256.5m7x5.6x0.06x
Wed, 31 Jul 2024S$1.5bS$25.1bS$213.4m7.7x7x0.06x
Fri, 28 Jun 2024S$1.5bS$25.4bS$215.3m8.2x6.9x0.06x
Sun, 26 May 2024S$1.5bS$25.3bS$214.1m9.1x7.2x0.06x
Tue, 23 Apr 2024S$1.6bS$25.6bS$217.5m6.7x7.3x0.06x
Thu, 21 Mar 2024S$1.6bS$25.3bS$214.9m6.6x7.3x0.06x
Sat, 17 Feb 2024S$1.8bS$24.5bS$200.3m7.6x8.9x0.07x
Mon, 15 Jan 2024S$2.1bS$31.8bS$1.2b5.9x1.8x0.07x
Wed, 13 Dec 2023S$2.0bS$32.0bS$1.2b4.9x1.7x0.06x
Fri, 10 Nov 2023S$2.0bS$32.5bS$1.2b11.6x1.7x0.06x
Sun, 08 Oct 2023S$2.1bS$32.6bS$1.2b12.1x1.8x0.06x
Tue, 05 Sep 2023S$2.0bS$32.4bS$1.2b12.1x1.7x0.06x
Thu, 03 Aug 2023S$2.0bS$36.7bS$1.3b3.2x1.6x0.05x
Sat, 01 Jul 2023S$2.0bS$37.3bS$1.3b3.2x1.6x0.05x
Mon, 29 May 2023S$4.1bS$37.2bS$1.3b3.3x3.2x0.1x
Wed, 26 Apr 2023S$4.3bS$36.8bS$1.3b3.4x3.3x0.1x
Fri, 24 Mar 2023S$4.3bS$36.5bS$1.3b3x3.4x0.1x
Price to Earnings Ratio

3.4x


Total Market Cap: S$4.3bTotal Earnings: S$1.3bTotal Revenue: S$36.5bTotal Market Cap vs Earnings and Revenue0%0%0%
Singaporean Oil and Gas Industry Price to Earnings3Y Average 7.3x202420252026
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 18.0x which is higher than its 3-year average PE of 7.3x.
  • The industry is trading close to its 3-year average PS ratio of 0.072x.
Past Earnings Growth
  • The earnings for companies in the Oil and Gas industry have declined 49% 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 industry?

SG Market-0.17%
Energy9.44%
Oil and Gas12.79%
Oil and Gas Exploration and Production17.81%
Coal and Fuels17.39%
Oil and Gas Storage and Transportation11.05%
Oil and Gas Refining and Marketing-2.75%
Industry PE
  • Investors are most optimistic about the Coal and Fuels industry which is trading above its 3-year average PE ratio of 7.3x.
    • Analysts are expecting annual earnings growth of 78.3%, which is higher than its past year's earnings decline of 26.3% per year.
Forecasted Growth
  • Analysts are most optimistic on the Coal and Fuels industry, expecting annual earnings growth of 78% over the next 5 years.
  • This is better than its past earnings decline of 26% per year.
  • In contrast, the Oil and Gas Storage and Transportation industry is expected to see its earnings grow by 4.6% 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
RE4 Geo Energy ResourcesS$0.5418.9%
+S$145.3m
67.2%PE26.1x
G92 China Aviation Oil (Singapore)S$1.977.1%
+S$111.8m
131.8%PE12x

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