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Vietnamese (HOSE) Oil and Gas Industry Analysis

UpdatedDec 15, 2025
DataAggregated Company Financials
Companies26
  • 7D-7.0%
  • 3M-14.9%
  • 1Y-11.2%
  • YTD-5.4%

Over the last 7 days, the Oil and Gas industry has dropped 7.0%, driven by pullbacks in Vietnam National Petroleum Group and Binh Son Refining and Petrochemical of 6.0% and 3.4%, respectively. In contrast, Southern Gas Trading has gained 9.3%. However, the industry is down 11% over the past year. Looking forward, earnings are forecast to grow by 17% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 16 Dec 2025₫131.2t₫516.9t₫6.5t9.9x20.3x0.3x
Thu, 13 Nov 2025₫143.2t₫512.1t₫6.3t9.8x22.9x0.3x
Sat, 11 Oct 2025₫154.9t₫487.4t₫3.4t10.3x46.2x0.3x
Mon, 08 Sep 2025₫152.4t₫487.4t₫3.4t10.4x45.5x0.3x
Wed, 06 Aug 2025₫131.1t₫485.5t₫3.4t9.4x38.9x0.3x
Fri, 04 Jul 2025₫123.1t₫467.0t₫3.9t9.7x31.5x0.3x
Sun, 01 Jun 2025₫117.3t₫467.3t₫3.9t9.8x30.1x0.3x
Tue, 29 Apr 2025₫112.6t₫473.6t₫4.9t10x23.1x0.2x
Thu, 27 Mar 2025₫134.7t₫473.5t₫5.5t8.8x24.4x0.3x
Sat, 22 Feb 2025₫140.7t₫477.1t₫7.7t11.1x18.3x0.3x
Mon, 20 Jan 2025₫140.3t₫463.8t₫6.9t10.5x20.3x0.3x
Wed, 18 Dec 2024₫72.0t₫334.4t₫3.9t9.9x18.4x0.2x
Fri, 15 Nov 2024₫72.2t₫334.4t₫3.9t9.4x18.4x0.2x
Sun, 13 Oct 2024₫80.1t₫341.1t₫4.6t9x17.5x0.2x
Tue, 10 Sep 2024₫82.5t₫341.1t₫4.6t10.2x18.1x0.2x
Thu, 08 Aug 2024₫83.7t₫341.1t₫4.6t8.8x18.3x0.2x
Sat, 06 Jul 2024₫80.0t₫329.8t₫4.1t7.7x19.6x0.2x
Mon, 03 Jun 2024₫77.2t₫336.0t₫4.3t7.7x18.2x0.2x
Wed, 01 May 2024₫67.5t₫324.0t₫3.8t6.8x17.6x0.2x
Fri, 29 Mar 2024₫71.0t₫324.7t₫4.6t8.9x15.4x0.2x
Sun, 25 Feb 2024₫66.3t₫324.7t₫4.6t8.4x14.3x0.2x
Tue, 23 Jan 2024₫65.9t₫336.0t₫4.3t12.3x15.2x0.2x
Thu, 21 Dec 2023₫65.7t₫336.0t₫4.3t11.9x15.1x0.2x
Sat, 18 Nov 2023₫63.9t₫336.0t₫4.3t12.3x14.7x0.2x
Mon, 16 Oct 2023₫70.2t₫322.7t₫3.9t10.1x18.2x0.2x
Wed, 13 Sep 2023₫64.6t₫313.8t₫2.9t10x22.2x0.2x
Fri, 11 Aug 2023₫66.0t₫315.3t₫2.9t11.3x22.4x0.2x
Sun, 09 Jul 2023₫65.0t₫344.1t₫2.2t11.7x29.1x0.2x
Tue, 06 Jun 2023₫61.9t₫344.1t₫2.2t9.9x27.7x0.2x
Thu, 04 May 2023₫58.6t₫339.3t₫1.8t8.2x32.7x0.2x
Sat, 01 Apr 2023₫58.2t₫348.7t₫2.1t10.5x28.2x0.2x
Mon, 27 Feb 2023₫58.7t₫348.6t₫2.1t9.2x28.2x0.2x
Wed, 25 Jan 2023₫58.0t₫311.8t₫825.5b9.6x70.2x0.2x
Fri, 23 Dec 2022₫48.2t₫311.4t₫792.7b10.7x60.8x0.2x
Price to Earnings Ratio

60.8x


Total Market Cap: ₫48.2tTotal Earnings: ₫792.7bTotal Revenue: ₫311.4tTotal Market Cap vs Earnings and Revenue0%0%0%
Vietnamese Oil and Gas Industry Price to Earnings3Y Average 25.6x202320242025
Current Industry PE
  • Investors are pessimistic on the Vietnamese 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 20.3x which is lower than its 3-year average PE of 25.6x.
  • The industry is trading close to its 3-year average PS ratio of 0.23x.
Past Earnings Growth
  • The earnings for companies in the Oil and Gas industry have grown 101% per year over the last three years.
  • Revenues for these companies have grown 18% 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 Vietnamese Energy industry?

VN Market-5.46%
Energy-7.17%
Oil and Gas-7.04%
Coal and Fuels-0.29%
Oil and Gas Exploration and Production-1.39%
Oil and Gas Storage and Transportation-2.46%
Oil and Gas Refining and Marketing-10.93%
Industry PE
  • Investors are most optimistic about the Oil and Gas Refining and Marketing industry even though it's trading below its 3-year average PE ratio of 98.1x.
    • Analysts are expecting annual earnings growth of 16.6%, which is higher than its past year's earnings decline of 14.0% per year.
  • Investors are most pessimistic about the Coal and Fuels industry, which is trading below its 3-year average of 19.9x.
Forecasted Growth
  • Analysts are most optimistic on the Oil and Gas Storage and Transportation industry, expecting annual earnings growth of 18% over the next 5 years.
  • This is better than its past earnings decline of 4.3% 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
PGS Southern Gas Trading₫50.50k9.3%
+₫215.0b
58.3%PE23.3x
HTC HocMon Trade₫33.10k11.4%
+₫56.1b
28.8%PE19.2x
TD6 Deo Nai - Coc Sau - TKV Coal₫7.30k2.8%
+₫12.4b
n/an/a
HLC Vinacomin - HaLam Coal₫14.80k2.8%
+₫10.2b
23.3%PE2.6x
PGC Petrolimex Gas Corporation JSC₫13.55k1.1%
+₫9.1b
-10.0%PE10.3x

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