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Thai (SET) Oil and Gas Industry Analysis

UpdatedJul 24, 2024
DataAggregated Company Financials
Companies26
  • 7D-0.8%
  • 3M-7.9%
  • 1Y-10.3%
  • YTD-8.2%

In the last week, Oil and Gas has been flat. Unfortunately though, the industry is down 10% over the past 12 months. Looking forward, earnings are forecast to decline by 1.3% per year.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 25 Jul 2024฿1.9t฿5.6t฿243.2b9x7.7x0.3x
Sat, 22 Jun 2024฿1.9t฿5.6t฿244.3b9.2x7.8x0.3x
Mon, 20 May 2024฿2.0t฿5.6t฿242.9b8.8x8.1x0.4x
Wed, 17 Apr 2024฿2.1t฿5.5t฿242.1b12.3x8.5x0.4x
Fri, 15 Mar 2024฿2.0t฿5.5t฿239.3b12.6x8.5x0.4x
Sun, 11 Feb 2024฿2.0t฿5.4t฿220.4b10.6x9.2x0.4x
Tue, 09 Jan 2024฿2.0t฿5.4t฿213.2b10.9x9.5x0.4x
Thu, 07 Dec 2023฿2.0t฿5.4t฿213.5b10.8x9.4x0.4x
Sat, 04 Nov 2023฿2.0t฿5.6t฿166.0b9.9x12.3x0.4x
Mon, 02 Oct 2023฿2.1t฿5.6t฿173.8b10.1x11.9x0.4x
Wed, 30 Aug 2023฿2.1t฿5.6t฿169.8b10.8x12.4x0.4x
Fri, 28 Jul 2023฿2.1t฿5.9t฿255.6b9.2x8.1x0.3x
Sun, 25 Jun 2023฿1.9t฿5.9t฿259.4b9.6x7.4x0.3x
Tue, 23 May 2023฿1.9t฿5.9t฿256.7b9.4x7.3x0.3x
Thu, 20 Apr 2023฿2.0t฿5.9t฿265.9b9.7x7.3x0.3x
Sat, 18 Mar 2023฿1.9t฿5.9t฿265.0b9.4x7.1x0.3x
Mon, 13 Feb 2023฿2.1t฿5.6t฿284.3b10.1x7.3x0.4x
Wed, 11 Jan 2023฿2.1t฿5.6t฿292.9b10.5x7.3x0.4x
Fri, 09 Dec 2022฿2.1t฿5.7t฿297.5b10.3x7.1x0.4x
Sun, 06 Nov 2022฿2.3t฿5.2t฿323.5b10.8x7.2x0.5x
Tue, 04 Oct 2022฿2.1t฿5.1t฿308.6b11x6.8x0.4x
Thu, 01 Sep 2022฿2.3t฿5.1t฿305.5b10.5x7.5x0.4x
Sat, 30 Jul 2022฿2.1t฿4.4t฿225.2b9.9x9.4x0.5x
Mon, 27 Jun 2022฿2.0t฿4.4t฿223.4b10.6x9.1x0.5x
Wed, 25 May 2022฿2.2t฿4.4t฿221.1b10.8x9.8x0.5x
Fri, 22 Apr 2022฿2.2t฿3.9t฿212.7b11x10.1x0.6x
Sun, 20 Mar 2022฿2.2t฿3.9t฿211.8b10.7x10.2x0.6x
Tue, 15 Feb 2022฿2.2t฿3.4t฿191.8b12.1x11.3x0.6x
Thu, 13 Jan 2022฿2.1t฿3.4t฿184.2b12x11.3x0.6x
Sat, 11 Dec 2021฿2.0t฿3.4t฿184.4b11.2x10.8x0.6x
Mon, 08 Nov 2021฿2.0t฿3.1t฿165.1b12.9x12.1x0.6x
Wed, 06 Oct 2021฿2.1t฿3.1t฿163.6b15.8x13x0.7x
Fri, 03 Sep 2021฿2.0t฿3.1t฿161.8b14.1x12.1x0.6x
Sun, 01 Aug 2021฿1.8t฿3.1t฿161.8b12.4x11.2x0.6x
Price to Earnings Ratio

11.2x


Total Market Cap: ฿1.8tTotal Earnings: ฿161.8bTotal Revenue: ฿3.1tTotal Market Cap vs Earnings and Revenue0%0%0%
Thai Oil and Gas Industry Price to Earnings3Y Average 9.2x202220232024
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 7.7x which is lower than its 3-year average PE of 9.2x.
  • The industry is trading close to its 3-year average PS ratio of 0.44x.
Past Earnings Growth
  • The earnings for companies in the Oil and Gas industry have grown 15% per year over the last three years.
  • Revenues for these companies have grown 22% 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-1.59%
Energy-0.83%
Oil and Gas-0.82%
Integrated Oil and Gas0%
Oil and Gas Exploration and Production-0.68%
Oil and Gas Storage and Transportation-2.07%
Coal and Fuels-2.94%
Oil and Gas Refining and Marketing-3.09%
Industry PE
  • Investors are most optimistic about the Oil and Gas Storage and Transportation industry even though it's trading below its 3-year average PE ratio of 11.6x.
    • Analysts are expecting annual earnings growth of 4.8%, which is higher than its past year's earnings decline of 14.1% per year.
  • Investors are most pessimistic about the Coal and Fuels industry, which is trading below its 3-year average of 7.6x.
Forecasted Growth
  • Analysts are most optimistic on the Oil and Gas Refining and Marketing industry, expecting annual earnings growth of 19% over the next 5 years.
  • This is better than its past earnings decline of 8.4% per year.
  • In contrast, the Coal and Fuels industry is expected to see its earnings decline by 18% 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
TOP Thai Oil฿52.251.0%
+฿1.1b
6.1%PE5.6x
PRM Prima Marine฿8.353.1%
+฿581.8m
27.5%PE9.2x
BSRC Bangchak Sriracha฿8.450.6%
+฿173.0m
-9.1%PE8.3x
SKE Sakol Energy฿0.392.6%
+฿11.2m
-29.1%PS0.8x
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Latest News

BBGI

฿5.55

BBGI

7D

-18.4%

1Y

11.0%

PTT

฿31.75

PTT

7D

-2.3%

1Y

-9.3%

IRPC

฿1.48

IRPC

7D

-8.1%

1Y

-36.2%

SKE

฿0.39

Sakol Energy

7D

2.6%

1Y

-29.1%

BSRC

฿8.45

Bangchak Sriracha

7D

0.6%

1Y

-9.1%

TOP

฿52.25

Thai Oil

7D

1.0%

1Y

6.1%

PTTEP

฿143.00

PTT Exploration and Production

7D

-1.7%

1Y

-10.3%

BANPU

฿5.05

Banpu

7D

-1.9%

1Y

-46.0%

LANNA

฿13.90

Lanna Resources

7D

-3.5%

1Y

-10.9%

PRM

฿8.35

Prima Marine

7D

3.1%

1Y

27.5%

UBE

฿0.81

Ubon Bio Ethanol

7D

-6.9%

1Y

-24.3%

BCP

฿34.00

Bangchak Corporation

7D

-2.9%

1Y

-10.5%