Thai (SET) Oil and Gas Industry Analysis
UpdatedApr 16, 2024
DataAggregated Company Financials
Companies26
- 7D-0.03%
- 3M4.3%
- 1Y2.4%
- YTD1.0%
Last week, the Oil and Gas industry hasn't moved much but Banpu is up 7.4% in that time. In line with that, the industry has also been flat over the past 12 months. In the next few years earnings are forecast to be pretty stable.
Industry Valuation and Performance
Has the Thai Oil and Gas Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 16 Apr 2024 | ฿2.1t | ฿5.5t | ฿242.1b | 12.3x | 8.5x | 0.4x |
| Thu, 14 Mar 2024 | ฿2.0t | ฿5.5t | ฿239.4b | 12.6x | 8.3x | 0.4x |
| Sat, 10 Feb 2024 | ฿2.0t | ฿5.4t | ฿220.4b | 10.6x | 9.2x | 0.4x |
| Mon, 08 Jan 2024 | ฿2.0t | ฿5.4t | ฿212.4b | 10.9x | 9.5x | 0.4x |
| Wed, 06 Dec 2023 | ฿2.0t | ฿5.4t | ฿213.7b | 10.8x | 9.4x | 0.4x |
| Fri, 03 Nov 2023 | ฿2.0t | ฿5.6t | ฿166.4b | 9.7x | 12.1x | 0.4x |
| Sun, 01 Oct 2023 | ฿2.1t | ฿5.6t | ฿173.8b | 10.1x | 11.9x | 0.4x |
| Tue, 29 Aug 2023 | ฿2.1t | ฿5.6t | ฿170.1b | 10.8x | 12.4x | 0.4x |
| Thu, 27 Jul 2023 | ฿2.1t | ฿5.9t | ฿256.3b | 9x | 8.1x | 0.3x |
| Sat, 24 Jun 2023 | ฿1.9t | ฿5.9t | ฿259.3b | 9.6x | 7.4x | 0.3x |
| Mon, 22 May 2023 | ฿1.9t | ฿5.9t | ฿256.5b | 9.4x | 7.3x | 0.3x |
| Wed, 19 Apr 2023 | ฿2.0t | ฿5.9t | ฿265.3b | 9.8x | 7.4x | 0.3x |
| Fri, 17 Mar 2023 | ฿1.8t | ฿5.9t | ฿265.6b | 9.3x | 6.9x | 0.3x |
| Sun, 12 Feb 2023 | ฿2.1t | ฿5.6t | ฿284.3b | 10.1x | 7.3x | 0.4x |
| Tue, 10 Jan 2023 | ฿2.1t | ฿5.6t | ฿292.7b | 10.5x | 7.2x | 0.4x |
| Thu, 08 Dec 2022 | ฿2.1t | ฿5.7t | ฿297.7b | 10.4x | 7.2x | 0.4x |
| Sat, 05 Nov 2022 | ฿2.3t | ฿5.2t | ฿323.5b | 10.8x | 7.2x | 0.5x |
| Mon, 03 Oct 2022 | ฿2.1t | ฿5.1t | ฿308.6b | 11.1x | 6.8x | 0.4x |
| Wed, 31 Aug 2022 | ฿2.3t | ฿5.1t | ฿305.2b | 10.5x | 7.6x | 0.5x |
| Fri, 29 Jul 2022 | ฿2.1t | ฿4.4t | ฿225.5b | 9.9x | 9.4x | 0.5x |
| Sun, 26 Jun 2022 | ฿2.0t | ฿4.4t | ฿223.4b | 10.6x | 9.1x | 0.5x |
| Tue, 24 May 2022 | ฿2.2t | ฿4.4t | ฿221.6b | 10.9x | 9.9x | 0.5x |
| Thu, 21 Apr 2022 | ฿2.1t | ฿3.9t | ฿212.7b | 10.9x | 10.1x | 0.5x |
| Sat, 19 Mar 2022 | ฿2.2t | ฿3.9t | ฿211.8b | 10.7x | 10.2x | 0.6x |
| Mon, 14 Feb 2022 | ฿2.1t | ฿3.4t | ฿191.8b | 12.3x | 11.1x | 0.6x |
| Wed, 12 Jan 2022 | ฿2.1t | ฿3.4t | ฿184.5b | 11.9x | 11.2x | 0.6x |
| Fri, 10 Dec 2021 | ฿2.0t | ฿3.4t | ฿184.2b | 11.2x | 10.8x | 0.6x |
| Sun, 07 Nov 2021 | ฿2.0t | ฿3.1t | ฿165.1b | 12.9x | 12.1x | 0.6x |
| Tue, 05 Oct 2021 | ฿2.1t | ฿3.1t | ฿163.5b | 15.7x | 12.8x | 0.7x |
| Thu, 02 Sep 2021 | ฿1.9t | ฿3.1t | ฿161.8b | 13.8x | 12x | 0.6x |
| Sat, 31 Jul 2021 | ฿1.8t | ฿3.1t | ฿161.8b | 12.4x | 11.2x | 0.6x |
| Tue, 04 May 2021 | ฿2.1t | ฿2.7t | ฿128.5b | 16x | 16.1x | 0.8x |
Price to Earnings Ratio
16.1x
Current Industry PE
- Investors are pessimistic on the Thai Oil and Gas 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 8.5x which is lower than its 3-year average PE of 9.8x.
- The industry is trading close to its 3-year average PS ratio of 0.47x.
Past Earnings Growth
- The earnings for companies in the Oil and Gas industry have grown 23% per year over the last three years.
- Revenues for these companies have grown 26% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Trends
Which industries have driven the changes within the Thai Energy industry?
| TH Market | 1.52% | |
| Energy | -0.032% | |
| Oil and Gas | -0.033% | |
| Coal and Fuels | 6.60% | |
| Oil and Gas Refining and Marketing | 0.42% | |
| Integrated Oil and Gas | 0% | |
| Oil and Gas Storage and Transportation | -0.41% | |
| Oil and Gas Exploration and Production | -0.94% | |
Industry PE
- Investors are most optimistic about the Oil and Gas Storage and Transportation industry, which is trading close to its 3-year average PE ratio of 11.8x.
- Analysts are expecting annual earnings growth of 3.5%, which is higher than its past year's earnings decline of 4.9% per year.
- Investors are most pessimistic about the Coal and Fuels industry, which is trading below its 3-year average of 5.5x.
Forecasted Growth
- Analysts are most optimistic on the Oil and Gas Refining and Marketing industry, expecting annual earnings growth of 25% over the next 5 years.
- This is better than its past earnings decline of 40% per year.
- In contrast, the Coal and Fuels industry is expected to see its earnings decline by 20% 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 | |
|---|---|---|---|---|---|
| BANPU Banpu | ฿5.80 | 7.4% +฿4.0b | -40.8% | PE4.3x | |
| IRPC IRPC | ฿2.04 | 5.7% +฿2.2b | -17.1% | PS0.1x | |
| TOP Thai Oil | ฿59.00 | 0.9% +฿1.1b | 13.5% | PE6.8x | |
| SPRC Star Petroleum Refining | ฿8.70 | 0.6% +฿216.8m | -18.7% | PS0.2x | |
| LANNA Lanna Resources | ฿13.90 | 1.5% +฿105.0m | -6.1% | PE3.5x |