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Turkish (BIST) Oil and Gas Industry Analysis

UpdatedMay 09, 2026
DataAggregated Company Financials
Companies8
  • 7D-4.0%
  • 3M13.8%
  • 1Y93.0%
  • YTD34.3%

Over the last 7 days, the Oil and Gas industry has dropped 4.0%, driven by a pullback from Türkiye Petrol Rafinerileri of 4.6%. Meanwhile, Turcas Holding actually outperformed within the industry, gaining 8.6% in the last week. Over the past 12 months, the industry was up 93%. Looking forward, earnings are forecast to grow by 17% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 10 May 2026₺552.0b₺909.4b₺35.0b20.9x15.8x0.6x
Tue, 07 Apr 2026₺545.9b₺858.7b₺31.5b18.1x17.3x0.6x
Thu, 05 Mar 2026₺501.8b₺853.5b₺32.1b19.9x15.6x0.6x
Sat, 31 Jan 2026₺528.8b₺631.2b₺24.5b24.8x21.6x0.8x
Mon, 29 Dec 2025₺406.6b₺631.2b₺24.5b20.8x16.6x0.6x
Wed, 26 Nov 2025₺408.1b₺627.8b₺22.8b13.8x17.9x0.7x
Fri, 24 Oct 2025₺399.6b₺679.8b₺21.0b17.9x19x0.6x
Sun, 21 Sep 2025₺414.0b₺679.9b₺21.0b18.7x19.7x0.6x
Tue, 19 Aug 2025₺345.0b₺679.6b₺21.0b12.9x16.5x0.5x
Thu, 17 Jul 2025₺326.7b₺758.0b₺18.8b13.2x17.4x0.4x
Sat, 14 Jun 2025₺286.6b₺758.0b₺18.8b11.8x15.2x0.4x
Mon, 12 May 2025₺280.5b₺756.5b₺18.5b12x15.2x0.4x
Wed, 09 Apr 2025₺279.8b₺826.1b₺18.6b14.6x15.1x0.3x
Fri, 07 Mar 2025₺292.9b₺823.2b₺20.1b14.5x14.5x0.4x
Sun, 02 Feb 2025₺298.7b₺614.8b₺45.6b12.9x6.5x0.5x
Tue, 31 Dec 2024₺300.4b₺614.8b₺45.6b14.3x6.6x0.5x
Thu, 28 Nov 2024₺306.9b₺614.8b₺45.2b14.5x6.8x0.5x
Sat, 26 Oct 2024₺300.2b₺711.5b₺48.1b6x6.2x0.4x
Mon, 23 Sep 2024₺341.5b₺804.9b₺50.6b6.5x6.8x0.4x
Wed, 21 Aug 2024₺345.1b₺805.2b₺50.0b11x6.9x0.4x
Fri, 19 Jul 2024₺344.5b₺705.0b₺52.2b13.4x6.6x0.5x
Sun, 16 Jun 2024₺343.6b₺705.2b₺52.2b12.1x6.6x0.5x
Tue, 14 May 2024₺377.9b₺698.5b₺55.0b29.2x6.9x0.5x
Thu, 11 Apr 2024₺386.8b₺698.5b₺55.1b27.9x7x0.6x
Sat, 09 Mar 2024₺352.8b₺697.9b₺55.5b13.7x6.4x0.5x
Mon, 05 Feb 2024₺320.8b₺509.8b₺54.8b11.6x5.9x0.6x
Wed, 03 Jan 2024₺297.1b₺509.8b₺54.8b10x5.4x0.6x
Fri, 01 Dec 2023₺315.4b₺509.8b₺54.8b11x5.8x0.6x
Sun, 29 Oct 2023₺289.1b₺508.9b₺54.2b7.1x5.3x0.6x
Tue, 26 Sep 2023₺343.5b₺474.4b₺44.5b9x7.7x0.7x
Thu, 24 Aug 2023₺277.1b₺474.4b₺44.5b11.1x6.2x0.6x
Sat, 22 Jul 2023₺193.2b₺507.4b₺48.3b6.9x4x0.4x
Mon, 19 Jun 2023₺154.6b₺507.4b₺48.3b5.5x3.2x0.3x
Wed, 17 May 2023₺140.0b₺507.4b₺48.3b4.6x2.9x0.3x
Price to Earnings Ratio

2.9x


Total Market Cap: ₺140.0bTotal Earnings: ₺48.3bTotal Revenue: ₺507.4bTotal Market Cap vs Earnings and Revenue0%0%0%
Turkish Oil and Gas Industry Price to Earnings3Y Average 10.4x202420252026
Current Industry PE
  • Investors are optimistic on the Turkish Oil and Gas industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 15.8x which is higher than its 3-year average PE of 10.4x.
  • The industry is trading close to its 3-year average PS ratio of 0.52x.
Past Earnings Growth
  • The earnings for companies in the Oil and Gas industry have declined 10% per year over the last three years.
  • Meanwhile revenues for these companies have grown 21% 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, which has decreased profits.

Industry Trends

Which industries have driven the changes within the Turkish Energy industry?

TR Market3.01%
Energy-3.96%
Oil and Gas-3.96%
Oil and Gas Exploration and Production0.11%
Coal and Fuels0%0
Oil and Gas Storage and Transportation-1.65%
Oil and Gas Refining and Marketing-4.32%
Industry PE
  • Investors are most optimistic about the Oil and Gas Exploration and Production industry which is trading above its 3-year average PE ratio of 30.2x.
    • It looks like they are confident that earnings will grow faster in the future than they have historically.
  • Investors are most pessimistic about the Oil and Gas Storage and Transportation industry, which is trading below its 3-year average of 14.8x.
Forecasted Growth
  • Analysts are most optimistic on the Oil and Gas Refining and Marketing industry, expecting annual earnings growth of 17% over the next 5 years.
  • This is better than its past earnings decline of 3.8% per year.
  • In contrast, the Oil and Gas Refining and Marketing industry is expected to see its earnings grow by 17% 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
TRCAS Turcas Holding₺50.258.6%
+₺1.0b
80.8%PE20.9x
PRKME Park Elektrik Üretim Madencilik Sanayi ve Ticaret₺22.0014.7%
+₺419.8m
20.0%PS5.3x
NTGAZ Naturelgaz Sanayi ve Ticaret₺12.580.6%
+₺55.2m
38.2%PE9.6x
TRENJ Ipek Dogal Enerji Kaynaklari Arastirma ve Üretim₺91.900.1%
+₺26.0m
34.3%PE33.8x
RUZYE Ruzy Madencilik ve Enerji Yatirimlari Sanayi ve Ticaret₺13.340.5%
+₺16.5m
38.2%PS13.2x

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