Here's Why Ratio Energies - Limited Partnership (TLV:RATI) Has A Meaningful Debt Burden
May 22
Israeli (TA) Oil and Gas Exploration and Production Industry Analysis
UpdatedMay 29, 2024
DataAggregated Company Financials
Companies18
- 7D-0.6%
- 3M-7.7%
- 1Y6.3%
- YTDn/a
Over the last 7 days, the Oil and Gas Exploration and Production industry has dropped 1.5%, driven by Navitas Petroleum Limited Partnership declining 9.8%. This takes the industry's 12 month performance to a gain of 5.5%.
Industry Valuation and Performance
Has the Israeli Oil and Gas Exploration and Production Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 29 May 2024 | ₪38.3b | ₪25.0b | ₪4.7b | 8.6x | 8.1x | 1.5x |
| Fri, 26 Apr 2024 | ₪39.8b | ₪25.4b | ₪4.9b | 8.1x | 8.2x | 1.6x |
| Sun, 24 Mar 2024 | ₪42.2b | ₪25.0b | ₪3.7b | 11.1x | 11.3x | 1.7x |
| Tue, 20 Feb 2024 | ₪41.1b | ₪25.1b | ₪4.1b | 9.7x | 10.1x | 1.6x |
| Thu, 18 Jan 2024 | ₪38.2b | ₪25.6b | ₪4.2b | 9.4x | 9x | 1.5x |
| Sat, 16 Dec 2023 | ₪39.5b | ₪25.3b | ₪4.1b | 9.8x | 9.5x | 1.6x |
| Mon, 13 Nov 2023 | ₪36.8b | ₪25.7b | ₪3.6b | 8.3x | 10.2x | 1.4x |
| Wed, 11 Oct 2023 | ₪39.1b | ₪25.9b | ₪3.7b | 8.4x | 10.6x | 1.5x |
| Fri, 08 Sep 2023 | ₪43.3b | ₪25.6b | ₪3.6b | 9.6x | 12.1x | 1.7x |
| Sun, 06 Aug 2023 | ₪40.9b | ₪25.3b | ₪6.0b | 10x | 6.9x | 1.6x |
| Tue, 04 Jul 2023 | ₪36.1b | ₪25.4b | ₪6.0b | 9x | 6x | 1.4x |
| Thu, 01 Jun 2023 | ₪35.6b | ₪25.2b | ₪8.1b | 7.9x | 4.4x | 1.4x |
| Sat, 29 Apr 2023 | ₪34.8b | ₪24.7b | ₪7.9b | 7.3x | 4.4x | 1.4x |
| Mon, 27 Mar 2023 | ₪28.4b | ₪23.4b | ₪9.4b | 7.4x | 3x | 1.2x |
| Wed, 22 Feb 2023 | ₪28.5b | ₪23.5b | ₪9.5b | 6.9x | 3x | 1.2x |
| Fri, 20 Jan 2023 | ₪30.9b | ₪23.1b | ₪9.3b | 6.9x | 3.3x | 1.3x |
| Sun, 18 Dec 2022 | ₪32.4b | ₪23.1b | ₪9.3b | 7.4x | 3.5x | 1.4x |
| Tue, 15 Nov 2022 | ₪35.1b | ₪21.6b | ₪8.5b | 9.5x | 4.1x | 1.6x |
| Thu, 13 Oct 2022 | ₪35.7b | ₪21.9b | ₪8.6b | 8.7x | 4.2x | 1.6x |
| Sat, 10 Sep 2022 | ₪38.2b | ₪21.5b | ₪8.5b | 9.1x | 4.5x | 1.8x |
| Mon, 08 Aug 2022 | ₪36.9b | ₪19.2b | ₪5.8b | 9.4x | 6.4x | 1.9x |
| Wed, 06 Jul 2022 | ₪33.4b | ₪19.5b | ₪5.8b | 8.5x | 5.7x | 1.7x |
| Fri, 03 Jun 2022 | ₪37.3b | ₪19.6b | ₪6.6b | 11.7x | 5.6x | 1.9x |
| Sun, 01 May 2022 | ₪39.1b | ₪18.0b | ₪4.1b | 10.8x | 9.6x | 2.2x |
| Tue, 29 Mar 2022 | ₪37.5b | ₪17.1b | ₪3.9b | 9.3x | 9.6x | 2.2x |
| Thu, 24 Feb 2022 | ₪34.4b | ₪17.1b | ₪4.0b | 9x | 8.7x | 2x |
| Sat, 22 Jan 2022 | ₪31.0b | ₪16.9b | ₪3.9b | 8.5x | 7.9x | 1.8x |
| Mon, 20 Dec 2021 | ₪26.0b | ₪16.9b | ₪3.9b | 7.4x | 6.6x | 1.5x |
| Wed, 17 Nov 2021 | ₪25.4b | ₪16.3b | ₪4.6b | 5.2x | 5.5x | 1.6x |
| Fri, 15 Oct 2021 | ₪23.6b | ₪16.5b | ₪4.7b | 5.2x | 5x | 1.4x |
| Sun, 12 Sep 2021 | ₪20.4b | ₪16.6b | ₪4.8b | 4.8x | 4.3x | 1.2x |
| Tue, 10 Aug 2021 | ₪19.8b | ₪16.6b | ₪4.8b | 4.8x | 4.1x | 1.2x |
Price to Earnings Ratio
5.2x
Current Industry PE
- Investors are optimistic on the Israeli Oil and Gas Exploration and Production industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 8.1x which is higher than its 3-year average PE of 6.6x.
- The industry is trading close to its 3-year average PS ratio of 1.6x.
Past Earnings Growth
- The earnings for companies in the Oil and Gas Exploration and Production industry have grown 6.3% per year over the last three years.
- Revenues for these companies have grown 16% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Comparison
How does Israeli Oil and Gas Exploration and Production compare with similar industries?
| IL Market | -0.28% | |
| Energy | -0.32% | |
| Oil and Gas | -0.087% | |
| Oil and Gas Exploration and Production | -0.58% | |
| Oil and Gas Storage and Transportation | 3.26% | |
| Oil and Gas Refining and Marketing | 2.19% | |
| Integrated Oil and Gas | 0% | |
| Coal and Fuels | 0% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| EQTL Equital | ₪103.90 | 2.3% +₪83.6m | 3.9% | PE14.4x | |
| ISRA Isramco Negev 2 Limited Partnership | ₪1.63 | 1.1% +₪46.6m | 33.6% | PE8.6x | |
| NWMD NewMed Energy - Limited Partnership | ₪9.25 | 0.4% +₪43.4m | -13.7% | PE6.8x | |
| CDEV Cohen Development Gas & Oil | ₪109.20 | 2.8% +₪19.3m | 10.5% | PE8.6x | |
| TMRP Tamar Petroleum | ₪21.10 | 0.5% +₪9.7m | 93.9% | PE10.2x |
