Analysis Article • Apr 22
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- 7D-3.9%
- 3M-15.9%
- 1Y52.2%
- YTD8.6%
Over the last 7 days, the Oil and Gas industry has dropped 3.9%, driven by China Aviation Oil (Singapore) declining 11%. In contrast, Geo Energy Resources has gained 6.7%. In the past year, the industry has gained 52%. Looking forward, earnings are forecast to grow by 17% annually.
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 |
|---|---|---|---|---|---|---|
| Tue, 14 Jul 2026 | S$2.8b | S$26.7b | S$168.2m | 10.1x | 16.4x | 0.1x |
| Thu, 11 Jun 2026 | S$2.7b | S$26.6b | S$167.7m | 11.1x | 16.3x | 0.1x |
| Sat, 09 May 2026 | S$3.3b | S$26.3b | S$173.4m | 21.1x | 18.9x | 0.1x |
| Mon, 06 Apr 2026 | S$3.1b | S$26.7b | S$176.2m | 19.2x | 17.8x | 0.1x |
| Wed, 04 Mar 2026 | S$2.8b | S$26.6b | S$177.3m | 19.2x | 15.8x | 0.1x |
| Fri, 30 Jan 2026 | S$2.6b | S$26.3b | S$141.2m | 15.7x | 18.6x | 0.1x |
| Sun, 28 Dec 2025 | S$2.4b | S$26.6b | S$143.3m | 14.8x | 16.6x | 0.09x |
| Tue, 25 Nov 2025 | S$2.3b | S$27.1b | S$150.0m | 15.2x | 15.2x | 0.08x |
| Thu, 23 Oct 2025 | S$2.2b | S$27.0b | S$170.8m | 9.7x | 13x | 0.08x |
| Sat, 20 Sep 2025 | S$2.3b | S$26.6b | S$168.8m | 10.7x | 13.3x | 0.08x |
| Mon, 18 Aug 2025 | S$2.0b | S$26.6b | S$170.6m | 9.6x | 11.5x | 0.07x |
| Wed, 16 Jul 2025 | S$1.7b | S$25.2b | S$186.5m | 8.1x | 9.1x | 0.07x |
| Fri, 13 Jun 2025 | S$1.6b | S$25.1b | S$186.8m | 7.7x | 8.6x | 0.06x |
| Sun, 11 May 2025 | S$1.6b | S$25.5b | S$185.2m | 7x | 8.5x | 0.06x |
| Tue, 08 Apr 2025 | S$1.4b | S$26.4b | S$197.7m | 5.9x | 7x | 0.05x |
| Thu, 06 Mar 2025 | S$1.4b | S$26.2b | S$188.9m | 7.1x | 7.7x | 0.06x |
| Sat, 01 Feb 2025 | S$1.5b | S$26.9b | S$238.7m | 6x | 6.3x | 0.06x |
| Mon, 30 Dec 2024 | S$1.5b | S$26.9b | S$239.0m | 6.3x | 6.4x | 0.06x |
| Wed, 27 Nov 2024 | S$1.5b | S$26.6b | S$236.9m | 5.9x | 6.2x | 0.06x |
| Fri, 25 Oct 2024 | S$1.5b | S$26.3b | S$269.6m | 7.2x | 5.7x | 0.06x |
| Sun, 22 Sep 2024 | S$1.4b | S$25.8b | S$264.4m | 7x | 5.4x | 0.06x |
| Tue, 20 Aug 2024 | S$1.4b | S$26.1b | S$258.4m | 6.9x | 5.5x | 0.05x |
| Thu, 18 Jul 2024 | S$1.5b | S$25.1b | S$212.8m | 8.1x | 7x | 0.06x |
| Sat, 15 Jun 2024 | S$1.5b | S$25.3b | S$214.8m | 8.3x | 7x | 0.06x |
| Mon, 13 May 2024 | S$1.5b | S$25.4b | S$208.5m | 6.3x | 7.2x | 0.06x |
| Wed, 10 Apr 2024 | S$1.6b | S$25.3b | S$215.0m | 7.1x | 7.6x | 0.06x |
| Fri, 08 Mar 2024 | S$1.6b | S$25.4b | S$222.8m | 6.8x | 7.1x | 0.06x |
| Sun, 04 Feb 2024 | S$2.1b | S$32.0b | S$1.2b | 6.6x | 1.8x | 0.07x |
| Tue, 02 Jan 2024 | S$2.1b | S$31.6b | S$1.2b | 6.2x | 1.8x | 0.07x |
| Thu, 30 Nov 2023 | S$2.0b | S$31.8b | S$1.2b | 4.9x | 1.7x | 0.06x |
| Sat, 28 Oct 2023 | S$2.0b | S$32.7b | S$1.2b | 11.8x | 1.7x | 0.06x |
| Mon, 25 Sep 2023 | S$2.0b | S$32.7b | S$1.2b | 12.6x | 1.7x | 0.06x |
| Wed, 23 Aug 2023 | S$2.0b | S$32.5b | S$1.2b | 11.4x | 1.7x | 0.06x |
| Fri, 21 Jul 2023 | S$2.0b | S$36.3b | S$1.2b | 3.3x | 1.6x | 0.06x |
Price to Earnings Ratio
1.6x
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 16.4x which is higher than its 3-year average PE of 8.9x.
- 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 9.8% 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 industry?
| SG Market | 2.69% | |
| Energy | -2.37% | |
| Oil and Gas | -3.92% | |
| Coal and Fuels | 7.69% | |
| Oil and Gas Exploration and Production | -2.66% | |
| Oil and Gas Refining and Marketing | -5.90% | |
| Oil and Gas Storage and Transportation | -10.25% | |
Industry PE
- Investors are most optimistic about the Coal and Fuels industry which is trading above its 3-year average PE ratio of 10.7x.
- Analysts are expecting annual earnings growth of 34.9%, which is higher than its past year's earnings decline of 59.5% per year.
Forecasted Growth
- Analysts are most optimistic on the Coal and Fuels industry, expecting annual earnings growth of 35% over the next 5 years.
- This is better than its past earnings decline of 60% per year.
- In contrast, the Oil and Gas Storage and Transportation industry is expected to see its earnings grow by 4.9% 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$0.56 | 6.7% +S$62.3m | 60.9% | PE44.3x | |
| T13 RH PetroGas | S$0.16 | 14.8% +S$17.6m | -5.2% | PE41.6x | |
| 585 Asian Micro Holdings | S$0.004 | 33.3% +S$2.7m | 33.3% | PS1.8x |