Narrative Update • Jul 02
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- 7D-2.0%
- 3M-20.0%
- 1Y10.8%
- YTD5.4%
Over the last 7 days, the Oil and Gas industry has dropped 4.9%, driven by pullbacks from every company within the industry. This takes the industry's 12 month performance to a gain of 7.6%. Looking forward, earnings are forecast to grow by 15% annually.
Industry Valuation and Performance
Has the South African Oil and Gas Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 12 Jul 2026 | R57.6b | R71.4b | R479.0m | 6x | 120.3x | 0.8x |
| Tue, 09 Jun 2026 | R70.9b | R71.4b | R479.0m | 6.8x | 147.9x | 1x |
| Thu, 07 May 2026 | R69.3b | R71.4b | R479.0m | 6.8x | 144.6x | 1x |
| Sat, 04 Apr 2026 | R74.7b | R71.4b | R479.0m | 7x | 155.8x | 1x |
| Mon, 02 Mar 2026 | R61.6b | R75.9b | R10.7b | 5.7x | 5.7x | 0.8x |
| Wed, 28 Jan 2026 | R58.2b | R75.9b | R10.7b | 5.3x | 5.4x | 0.8x |
| Fri, 26 Dec 2025 | R56.2b | R76.0b | R10.4b | 5x | 5.4x | 0.7x |
| Sun, 23 Nov 2025 | R54.4b | R76.0b | R10.4b | 4.6x | 5.2x | 0.7x |
| Tue, 21 Oct 2025 | R53.3b | R76.0b | R10.5b | 4.5x | 5.1x | 0.7x |
| Thu, 18 Sep 2025 | R56.3b | R76.0b | R10.5b | 4.8x | 5.4x | 0.7x |
| Sat, 16 Aug 2025 | R54.2b | R76.4b | R11.1b | 4.2x | 4.9x | 0.7x |
| Mon, 14 Jul 2025 | R55.4b | R76.4b | R11.1b | 4.4x | 5x | 0.7x |
| Wed, 11 Jun 2025 | R50.3b | R76.4b | R11.1b | 4x | 4.5x | 0.7x |
| Fri, 09 May 2025 | R46.9b | R76.4b | R11.1b | 3.8x | 4.2x | 0.6x |
| Sun, 06 Apr 2025 | R48.5b | R76.3b | R11.2b | 4x | 4.3x | 0.6x |
| Tue, 04 Mar 2025 | R54.5b | R71.8b | R12.3b | 4.4x | 4.4x | 0.8x |
| Thu, 30 Jan 2025 | R58.3b | R71.8b | R12.3b | 4.8x | 4.7x | 0.8x |
| Sat, 28 Dec 2024 | R56.0b | R71.8b | R12.3b | 4.6x | 4.6x | 0.8x |
| Mon, 25 Nov 2024 | R61.0b | R71.8b | R12.3b | 5x | 5x | 0.8x |
| Wed, 23 Oct 2024 | R59.4b | R71.8b | R12.3b | 4.8x | 4.8x | 0.8x |
| Fri, 20 Sep 2024 | R53.4b | R71.8b | R12.3b | 4.1x | 4.3x | 0.7x |
| Sun, 18 Aug 2024 | R59.7b | R69.4b | R14.1b | 3.9x | 4.2x | 0.9x |
| Tue, 16 Jul 2024 | R65.2b | R69.4b | R16.3b | 3.6x | 4x | 0.9x |
| Thu, 13 Jun 2024 | R58.9b | R69.4b | R16.3b | 3.4x | 3.6x | 0.8x |
| Sat, 11 May 2024 | R64.3b | R69.4b | R16.3b | 3.8x | 3.9x | 0.9x |
| Mon, 08 Apr 2024 | R60.5b | R69.4b | R16.4b | 3.5x | 3.7x | 0.9x |
| Wed, 06 Mar 2024 | R60.4b | R82.0b | R22.5b | 2.6x | 2.7x | 0.7x |
| Fri, 02 Feb 2024 | R63.4b | R82.0b | R22.5b | 2.7x | 2.8x | 0.8x |
| Sun, 31 Dec 2023 | R72.8b | R82.0b | R22.5b | 3.1x | 3.2x | 0.9x |
| Tue, 28 Nov 2023 | R68.6b | R82.0b | R22.5b | 2.9x | 3x | 0.8x |
| Thu, 26 Oct 2023 | R72.3b | R81.9b | R22.6b | 3.1x | 3.2x | 0.9x |
| Sat, 23 Sep 2023 | R66.6b | R81.9b | R22.6b | 2.8x | 3x | 0.8x |
| Mon, 21 Aug 2023 | R56.1b | R93.7b | R28.4b | 2.1x | 2x | 0.6x |
| Wed, 19 Jul 2023 | R60.9b | R97.1b | R30.8b | 2x | 2x | 0.6x |
Price to Earnings Ratio
2x
Current Industry PE
- There are only 2 companies in the South African Oil and Gas industry, so there is insufficient data to make an industry-wide assessment of both the PE and PS ratio.
Past Earnings Growth
- The earnings for companies in the Oil and Gas industry have declined 75% per year over the last three years,
- Revenues have also declined 9.8% per year.
- This means overall sales from these companies are declining and profits are subsequently falling as well.
Industry Trends
Which industries have driven the changes within the South African Energy industry?
| ZA Market | -0.85% | |
| Energy | -1.97% | |
| Oil and Gas | -1.97% | |
| Oil and Gas Exploration and Production | 0% | 0 |
| Oil and Gas Storage and Transportation | 0% | 0 |
| Coal and Fuels | -1.97% | |
Industry PE
- Investors are most optimistic about the Coal and Fuels industry which is trading above its 3-year average PE ratio of 16.9x.
- Analysts are expecting annual earnings growth of 15.4%, which is higher than its past year's earnings decline of 2.1% 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 16.9x.
Forecasted Growth
- Analysts are most optimistic on the Coal and Fuels industry, expecting annual earnings growth of 15% over the next 5 years.
- This is better than its past earnings decline of 2.1% per year.
- In contrast, the Coal and Fuels industry is expected to see its earnings grow by 15% 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 | |
|---|---|---|---|---|---|
| TGA Thungela Resources | R96.10 | 3.9% +R457.2m | -1.1% | PS0.4x |