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Singaporean (SGX) Oil and Gas Industry Analysis
UpdatedMay 30, 2024
DataAggregated Company Financials
Companies9
- 7D3.4%
- 3M-2.6%
- 1Y6.1%
- YTD-3.6%
The Oil and Gas industry is up 3.4% in the last week, with Geo Energy Resources up 6.6%. Meanwhile, Sinostar PEC Holdings actually underperformed within the industry, shrinking 5.5% in the last week. This means that the industry has gained 6.1% over the past year. As for the next few years, earnings are expected to grow by 25% per annum.
Industry Valuation and Performance
Has the Singaporean Oil and Gas Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 30 May 2024 | S$1.6b | S$25.3b | S$214.3m | 6.9x | 7.4x | 0.06x |
| Sat, 27 Apr 2024 | S$1.6b | S$25.6b | S$217.4m | 6.9x | 7.3x | 0.06x |
| Mon, 25 Mar 2024 | S$1.6b | S$25.4b | S$215.7m | 6.7x | 7.4x | 0.06x |
| Wed, 21 Feb 2024 | S$1.7b | S$24.5b | S$199.7m | 7.2x | 8.7x | 0.07x |
| Fri, 19 Jan 2024 | S$2.1b | S$32.0b | S$1.2b | 5.8x | 1.8x | 0.06x |
| Sun, 17 Dec 2023 | S$2.0b | S$31.9b | S$1.2b | 4.9x | 1.7x | 0.06x |
| Tue, 14 Nov 2023 | S$2.0b | S$32.5b | S$1.2b | 11.6x | 1.7x | 0.06x |
| Thu, 12 Oct 2023 | S$2.1b | S$32.6b | S$1.2b | 12x | 1.8x | 0.06x |
| Sat, 09 Sep 2023 | S$2.0b | S$32.6b | S$1.2b | 11.8x | 1.7x | 0.06x |
| Mon, 07 Aug 2023 | S$2.0b | S$36.8b | S$1.3b | 3.4x | 1.6x | 0.05x |
| Wed, 05 Jul 2023 | S$2.1b | S$37.1b | S$1.3b | 3.2x | 1.6x | 0.06x |
| Fri, 02 Jun 2023 | S$4.0b | S$37.1b | S$1.3b | 3.3x | 3.1x | 0.1x |
| Sun, 30 Apr 2023 | S$4.3b | S$36.7b | S$1.3b | 3.5x | 3.3x | 0.1x |
| Tue, 28 Mar 2023 | S$4.3b | S$36.7b | S$1.3b | 3x | 3.3x | 0.1x |
| Thu, 23 Feb 2023 | S$4.0b | S$35.6b | S$922.0m | 4.5x | 4.4x | 0.1x |
| Sat, 21 Jan 2023 | S$3.9b | S$35.6b | S$936.4m | 4.3x | 4.1x | 0.1x |
| Mon, 19 Dec 2022 | S$3.7b | S$36.5b | S$961.6m | 4x | 3.9x | 0.1x |
| Wed, 16 Nov 2022 | S$3.7b | S$36.5b | S$966.2m | 4.1x | 3.8x | 0.1x |
| Fri, 14 Oct 2022 | S$4.0b | S$38.1b | S$1.0b | 4.1x | 3.9x | 0.1x |
| Sun, 11 Sep 2022 | S$3.8b | S$37.2b | S$1.0b | 4.1x | 3.8x | 0.1x |
| Tue, 09 Aug 2022 | S$3.3b | S$33.6b | S$578.2m | 5.4x | 5.6x | 0.1x |
| Thu, 07 Jul 2022 | S$2.9b | S$33.4b | S$595.4m | 5.6x | 4.9x | 0.09x |
| Sat, 04 Jun 2022 | S$3.9b | S$32.1b | S$566.2m | 6.9x | 6.8x | 0.1x |
| Mon, 02 May 2022 | S$3.8b | S$32.4b | S$570.8m | 7.4x | 6.7x | 0.1x |
| Wed, 30 Mar 2022 | S$3.6b | S$31.9b | S$563.8m | 7.9x | 6.3x | 0.1x |
| Fri, 25 Feb 2022 | S$2.5b | S$25.6b | S$451.1m | 4.5x | 5.5x | 0.1x |
| Sun, 23 Jan 2022 | S$2.4b | S$24.9b | S$302.1m | 10.7x | 8x | 0.1x |
| Tue, 21 Dec 2021 | S$2.4b | S$25.2b | S$306.3m | 10.3x | 7.8x | 0.09x |
| Thu, 18 Nov 2021 | S$2.5b | S$25.1b | S$304.2m | 10.9x | 8.1x | 0.1x |
| Sat, 16 Oct 2021 | S$3.0b | S$24.4b | S$276.1m | 11.3x | 11x | 0.1x |
| Mon, 13 Sep 2021 | S$2.4b | S$24.3b | S$275.1m | 11.1x | 8.7x | 0.1x |
| Wed, 11 Aug 2021 | S$2.6b | S$24.3b | S$271.2m | 7.8x | 9.8x | 0.1x |
| Sun, 06 Jun 2021 | S$2.1b | S$21.9b | S$235.4m | 8.3x | 8.8x | 0.09x |
Price to Earnings Ratio
8.8x
Current Industry PE
- Investors are optimistic on the Singaporean Oil and Gas industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 7.4x which is higher than its 3-year average PE of 5.3x.
- The industry is trading close to its 3-year average PS ratio of 0.092x.
Past Earnings Growth
- The earnings for companies in the Oil and Gas industry have declined 3.1% per year over the last three years.
- Meanwhile revenues for these companies have grown 4.9% per year.
- This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.
Industry Trends
Which industries have driven the changes within the Singaporean Energy industry?
| SG Market | 0.41% | |
| Energy | 6.34% | |
| Oil and Gas | 3.37% | |
| Oil and Gas Exploration and Production | 8.54% | |
| Coal and Fuels | 6.56% | |
| Oil and Gas Storage and Transportation | 1.63% | |
| Integrated Oil and Gas | 0% | |
| Oil and Gas Refining and Marketing | -3.80% | |
Industry PE
- Investors are most optimistic about the Oil and Gas Exploration and Production industry which is trading above its 3-year average PE ratio of 5.5x.
- Analysts are expecting annual earnings growth of 0.9%, which is higher than its past year's earnings decline of 77.6% per year.
- Investors are most pessimistic about the Oil and Gas Refining and Marketing industry, which is trading below its 3-year average of 6.3x.
Forecasted Growth
- Analysts are most optimistic on the Coal and Fuels industry, expecting annual earnings growth of 55% over the next 5 years.
- This is better than its past earnings decline of 60% per year.
- In contrast, the Oil and Gas Exploration and Production industry is expected to see its earnings growth to stay flat 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 | |
|---|---|---|---|---|---|
| RE4 Geo Energy Resources | S$0.32 | 3.3% +S$14.0m | 40.0% | PE6x | |
| G92 China Aviation Oil (Singapore) | S$0.89 | 1.7% +S$12.9m | 4.7% | PE9.6x | |
| T13 RH PetroGas | S$0.17 | 4.9% +S$6.7m | -7.6% | PE33.7x | |
| 5GI Interra Resources | S$0.036 | 2.9% +S$655.5k | 24.1% | PE6.9x | |
| AJ2 Ouhua Energy Holdings | S$0.086 | 1.2% +S$375.3k | 32.3% | PE9.2x |