Indian (NIFTY) Oil and Gas Exploration and Production Industry Analysis
UpdatedMay 08, 2024
DataAggregated Company Financials
Companies5
- 7D2.3%
- 3M29.1%
- 1Y140.8%
- YTDn/a
The Oil and Gas Exploration and Production industry is up 2.3% in the last week, with Oil India up 2.7%. During this same period, the Hindustan Oil Exploration underperformed, falling 8.9%. In the last 12 months, the industry was up 141%. As for the next few years, earnings are expected to grow by 10% per annum.
Industry Valuation and Performance
Has the Indian Oil and Gas Exploration and Production Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 08 May 2024 | ₹729.3b | ₹323.4b | ₹62.3b | 22.3x | 11.7x | 2.3x |
| Fri, 05 Apr 2024 | ₹708.2b | ₹323.0b | ₹62.2b | 19.7x | 11.4x | 2.2x |
| Sun, 03 Mar 2024 | ₹674.9b | ₹323.0b | ₹62.2b | 19.9x | 10.8x | 2.1x |
| Tue, 30 Jan 2024 | ₹483.5b | ₹319.6b | ₹61.5b | 19.3x | 7.9x | 1.5x |
| Thu, 28 Dec 2023 | ₹447.9b | ₹319.6b | ₹61.5b | 18.3x | 7.3x | 1.4x |
| Sat, 25 Nov 2023 | ₹354.8b | ₹319.6b | ₹61.5b | 18.2x | 5.8x | 1.1x |
| Mon, 23 Oct 2023 | ₹380.9b | ₹324.0b | ₹76.0b | 17.1x | 5x | 1.2x |
| Wed, 20 Sep 2023 | ₹339.3b | ₹324.0b | ₹76.0b | 9.8x | 4.5x | 1x |
| Fri, 18 Aug 2023 | ₹345.9b | ₹324.0b | ₹76.0b | 11.6x | 4.6x | 1.1x |
| Sun, 16 Jul 2023 | ₹312.8b | ₹367.9b | ₹89.5b | 14.9x | 3.5x | 0.9x |
| Tue, 13 Jun 2023 | ₹310.1b | ₹367.9b | ₹89.5b | 14x | 3.5x | 0.8x |
| Thu, 11 May 2023 | ₹308.2b | ₹412.0b | ₹91.9b | 13.4x | 3.4x | 0.7x |
| Sat, 08 Apr 2023 | ₹299.2b | ₹411.9b | ₹91.9b | 14.2x | 3.3x | 0.7x |
| Mon, 06 Mar 2023 | ₹301.4b | ₹411.9b | ₹91.9b | 14.7x | 3.3x | 0.7x |
| Wed, 01 Feb 2023 | ₹275.3b | ₹385.4b | ₹81.8b | 15.2x | 3.4x | 0.7x |
| Fri, 30 Dec 2022 | ₹248.1b | ₹385.3b | ₹81.8b | 16.5x | 3x | 0.6x |
| Sun, 27 Nov 2022 | ₹241.7b | ₹385.3b | ₹81.8b | 19.8x | 3x | 0.6x |
| Tue, 25 Oct 2022 | ₹233.8b | ₹356.9b | ₹74.3b | 28x | 3.1x | 0.7x |
| Thu, 22 Sep 2022 | ₹227.1b | ₹356.9b | ₹74.3b | 28.4x | 3.1x | 0.6x |
| Sat, 20 Aug 2022 | ₹231.3b | ₹356.9b | ₹74.3b | 18.7x | 3.1x | 0.6x |
| Mon, 18 Jul 2022 | ₹223.6b | ₹302.5b | ₹56.5b | 27.1x | 4x | 0.7x |
| Wed, 15 Jun 2022 | ₹320.8b | ₹302.5b | ₹56.5b | 30.1x | 5.7x | 1.1x |
| Fri, 13 May 2022 | ₹265.2b | ₹278.9b | ₹45.3b | 29.6x | 5.9x | 1x |
| Sun, 10 Apr 2022 | ₹285.5b | ₹278.8b | ₹45.3b | 37.9x | 6.3x | 1x |
| Tue, 08 Mar 2022 | ₹300.3b | ₹278.8b | ₹45.3b | 28.6x | 6.6x | 1.1x |
| Thu, 03 Feb 2022 | ₹286.3b | ₹264.9b | ₹46.2b | 32.8x | 6.2x | 1.1x |
| Sat, 01 Jan 2022 | ₹243.0b | ₹264.9b | ₹46.2b | 27.8x | 5.3x | 0.9x |
| Mon, 29 Nov 2021 | ₹239.3b | ₹264.9b | ₹46.2b | 27.4x | 5.2x | 0.9x |
| Wed, 27 Oct 2021 | ₹265.5b | ₹246.9b | ₹43.5b | 28.9x | 6.1x | 1.1x |
| Fri, 24 Sep 2021 | ₹261.4b | ₹246.9b | ₹43.5b | 27.1x | 6x | 1.1x |
| Sun, 22 Aug 2021 | ₹205.1b | ₹246.9b | ₹43.5b | 33.6x | 4.7x | 0.8x |
| Fri, 09 Jul 2021 | ₹189.7b | ₹246.9b | ₹43.5b | 30.1x | 4.4x | 0.8x |
Price to Earnings Ratio
4.5x
Current Industry PE
- Investors are optimistic on the Indian Oil and Gas Exploration and Production industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 11.7x which is higher than its 3-year average PE of 5.2x.
- The 3-year average PS ratio of 1.0x is lower than the industry's current PS ratio of 2.3x.
Past Earnings Growth
- The earnings for companies in the Oil and Gas Exploration and Production industry have grown 20% per year over the last three years.
- Revenues for these companies have grown 13% 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 Indian Oil and Gas Exploration and Production compare with similar industries?
| IN Market | -1.98% | |
| Energy | -3.69% | |
| Oil and Gas | -3.72% | |
| Oil and Gas Exploration and Production | 2.34% | |
| Coal and Fuels | 0.22% | |
| Integrated Oil and Gas | -3.27% | |
| Oil and Gas Refining and Marketing | -4.30% | |
| Oil and Gas Storage and Transportation | -7.01% | |
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 | |
|---|---|---|---|---|---|
| OIL Oil India | ₹640.65 | 3.3% +₹22.2b | 147.1% | PE11.7x | |
| 530075 Selan Exploration Technology | ₹702.65 | 10.8% +₹1.0b | 158.4% | PE32.6x | |
| 513536 Gujarat Natural Resources | ₹17.65 | 10.2% +₹170.2m | 19.7% | PS8x |