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South African (JSE) Oil and Gas Industry Analysis

UpdatedDec 19, 2024
DataAggregated Company Financials
Companies4
  • 7D-5.8%
  • 3M6.1%
  • 1Y-17.2%
  • YTD-19.0%

The Oil and Gas industry is up 1.0% in the last week, with Exxaro Resources up 10,248%. In the past year, the industry is down 9.4%. Looking forward, earnings are forecast to decline by 6.7% per year.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 19 Dec 2024R56.8bR71.8bR12.3b4.7x4.6x0.8x
Sat, 16 Nov 2024R58.9bR71.8bR12.3b4.8x4.8x0.8x
Mon, 14 Oct 2024R57.8bR71.8bR12.3b4.6x4.7x0.8x
Wed, 11 Sep 2024R52.6bR71.8bR12.3b4.1x4.3x0.7x
Fri, 09 Aug 2024R62.4bR69.4bR16.3b3.6x3.8x0.9x
Sun, 07 Jul 2024R63.1bR69.4bR16.3b3.6x3.9x0.9x
Tue, 04 Jun 2024R62.9bR69.4bR16.3b3.7x3.9x0.9x
Thu, 02 May 2024R63.7bR69.4bR16.4b3.7x3.9x0.9x
Sat, 30 Mar 2024R59.2bR69.4bR16.4b3.4x3.6x0.9x
Mon, 26 Feb 2024R60.1bR82.0bR22.5b2.6x2.7x0.7x
Wed, 24 Jan 2024R65.1bR82.0bR22.5b2.8x2.9x0.8x
Fri, 22 Dec 2023R69.8bR82.0bR22.5b3x3.1x0.9x
Sun, 19 Nov 2023R68.2bR82.0bR22.5b2.9x3x0.8x
Tue, 17 Oct 2023R72.9bR81.9bR22.6b3.1x3.2x0.9x
Thu, 14 Sep 2023R65.5bR81.9bR22.6b2.8x2.9x0.8x
Sat, 12 Aug 2023R59.9bR97.1bR30.8b1.9x1.9x0.6x
Mon, 10 Jul 2023R62.3bR97.1bR30.8b2x2x0.6x
Wed, 07 Jun 2023R61.2bR97.1bR30.8b2x2x0.6x
Fri, 05 May 2023R67.9bR97.1bR30.8b2.2x2.2x0.7x
Sun, 02 Apr 2023R75.6bR97.1bR30.8b2.4x2.5x0.8x
Tue, 28 Feb 2023R80.1bR82.4bR27.8b2.8x2.9x1x
Thu, 26 Jan 2023R88.6bR82.4bR27.8b3.1x3.2x1.1x
Sat, 24 Dec 2022R97.6bR82.4bR27.8b3.5x3.5x1.2x
Mon, 21 Nov 2022R87.5bR82.4bR27.8b3.1x3.1x1.1x
Wed, 19 Oct 2022R94.5bR82.4bR27.8b3.3x3.4x1.1x
Fri, 16 Sep 2022R109.8bR82.4bR27.8b3.8x3.9x1.3x
Sun, 14 Aug 2022R91.0bR59.1bR17.6b5.1x5.2x1.5x
Tue, 12 Jul 2022R84.9bR59.1bR17.6b4.7x4.8x1.4x
Thu, 09 Jun 2022R91.2bR59.1bR17.6b5x5.2x1.5x
Sat, 07 May 2022R83.8bR59.1bR17.6b4.5x4.8x1.4x
Mon, 04 Apr 2022R87.3bR59.1bR17.6b4.5x5x1.5x
Wed, 02 Mar 2022R76.4bR30.0bR9.7b5.3x7.9x2.5x
Fri, 28 Jan 2022R58.4bR30.0bR9.7b4.3x6x1.9x
Sun, 26 Dec 2021R53.2bR30.0bR9.7b3.8x5.5x1.8x
Price to Earnings Ratio

5.5x


Total Market Cap: R53.2bTotal Earnings: R9.7bTotal Revenue: R30.0bTotal Market Cap vs Earnings and Revenue0%0%0%
South African Oil and Gas Industry Price to Earnings3Y Average 3.8x202220232024
Current Industry PE
  • Investors are optimistic on the South African Oil and Gas industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 4.9x which is higher than its 3-year average PE of 3.8x.
  • The 3-year average PS ratio of 1.1x is higher than the industry's current PS ratio of 0.84x.
Past Earnings Growth
  • The earnings for companies in the Oil and Gas industry have grown 8.1% per year over the last three years.
  • Revenues for these companies have grown 34% 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 South African Energy industry?

ZA Market-1.61%
Energy-5.78%
Oil and Gas-5.78%
Integrated Oil and Gas0%
Oil and Gas Refining and Marketing0%
Oil and Gas Storage and Transportation0%
Coal and Fuels-5.71%
Oil and Gas Exploration and Production-8.75%
Industry PE
  • Investors are most optimistic about the Coal and Fuels industry which is trading above its 3-year average PE ratio of 3.6x.
    • Analysts are expecting annual earnings decline of 8.5%, which is less than its past year's earnings decline of 45.3%.
Forecasted Growth
  • Analysts are most optimistic on the Oil and Gas Exploration and Production industry, expecting annual earnings growth of 82% over the next 5 years.
  • In contrast, the Coal and Fuels industry is expected to see its earnings decline by 8.5% 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
No data available
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Latest News

TGA

R129.04

Thungela Resources

7D

-0.7%

1Y

-13.3%

EXX

R158.97

Exxaro Resources

7D

-7.8%

1Y

-17.8%

Exxaro Resources (JSE:EXX) Has A Pretty Healthy Balance Sheet

Dec 12
Exxaro Resources (JSE:EXX) Has A Pretty Healthy Balance Sheet

EEL

R0.07

Efora Energy

7D

-12.5%

1Y

n/a

REN

R7.30

Renergen

7D

-8.8%

1Y

-42.2%