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Thai (SET) Oil and Gas Industry Analysis
UpdatedFeb 06, 2025
DataAggregated Company Financials
Companies26
- 7D-2.1%
- 3M-10.0%
- 1Y-19.7%
- YTD-5.0%
Over the last 7 days, the Oil and Gas industry has dropped 2.1%, driven by PTT declining 2.4%. Overall the industry is down 20% in 12 months. Looking forward, earnings are forecast to grow by 2.1% annually.
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 |
|---|---|---|---|---|---|---|
| Fri, 07 Feb 2025 | ฿1.6t | ฿5.7t | ฿203.8b | 7.9x | 8x | 0.3x |
| Sun, 05 Jan 2025 | ฿1.7t | ฿5.7t | ฿205.3b | 9.5x | 8.4x | 0.3x |
| Tue, 03 Dec 2024 | ฿1.8t | ฿5.7t | ฿205.1b | 10.2x | 8.6x | 0.3x |
| Thu, 31 Oct 2024 | ฿1.8t | ฿5.7t | ฿269.0b | 8.2x | 6.7x | 0.3x |
| Sat, 28 Sep 2024 | ฿1.9t | ฿5.7t | ฿265.7b | 8.1x | 7.1x | 0.3x |
| Mon, 26 Aug 2024 | ฿1.9t | ฿5.7t | ฿267.1b | 8.5x | 7.2x | 0.3x |
| Wed, 24 Jul 2024 | ฿1.9t | ฿5.6t | ฿243.2b | 9x | 7.7x | 0.3x |
| Fri, 21 Jun 2024 | ฿1.9t | ฿5.6t | ฿244.5b | 9.2x | 7.8x | 0.3x |
| Sun, 19 May 2024 | ฿2.0t | ฿5.6t | ฿242.9b | 8.8x | 8.1x | 0.4x |
| 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 |
Price to Earnings Ratio
11.1x
Current Industry PE
- Investors are relatively neutral on the Thai Oil and Gas industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PE ratio of 8.5x.
- The industry is trading close to its 3-year average PS ratio of 0.38x.
Past Earnings Growth
- The earnings for companies in the Oil and Gas industry have remained mostly flat over the last three years.
- Meanwhile revenues for these companies have grown 19% per year.
- This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased and as a result, profits have held steady.
Industry Trends
Which industries have driven the changes within the Thai Energy industry?
| TH Market | -4.26% | |
| Energy | -2.07% | |
| Oil and Gas | -2.07% | |
| Oil and Gas Exploration and Production | 0.81% | |
| Oil and Gas Storage and Transportation | -3.06% | |
| Integrated Oil and Gas | -3.23% | |
| Oil and Gas Refining and Marketing | -3.25% | |
| Coal and Fuels | -4.16% | |
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 12.0x.
- Analysts are expecting annual earnings growth of 55.7%, which is higher than its past year's earnings decline of 43.5% per year.
- 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 4.8x.
Forecasted Growth
- Analysts are most optimistic on the Oil and Gas Refining and Marketing industry, expecting annual earnings growth of 56% over the next 5 years.
- This is better than its past earnings decline of 44% per year.
- In contrast, the Oil and Gas Exploration and Production industry is expected to see its earnings decline by 8.3% 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 | |
|---|---|---|---|---|---|
| WP WP Energy | ฿3.30 | 1.2% +฿20.4m | -12.7% | PE11.9x |