Malaysian (KLSE) Oil and Gas Industry Analysis

Industry Valuation and Performance

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

Date	Market Cap	Revenue	Earnings	PE	Absolute PE	PS
Tue, 31 Oct 2023	RM27.8b	RM77.4b	RM433.1m	7.7x	64.1x	0.4x
Thu, 28 Sep 2023	RM27.9b	RM77.4b	RM433.1m	7.8x	64.4x	0.4x
Sat, 26 Aug 2023	RM26.6b	RM81.6b	RM1.2b	8.5x	23.1x	0.3x
Mon, 24 Jul 2023	RM26.8b	RM83.5b	RM1.4b	10.3x	19.5x	0.3x
Wed, 21 Jun 2023	RM26.8b	RM83.5b	RM1.4b	9.8x	19.5x	0.3x
Fri, 19 May 2023	RM27.3b	RM82.7b	RM1.6b	11.7x	17.2x	0.3x
Sun, 16 Apr 2023	RM27.5b	RM82.7b	RM1.5b	12.2x	18.1x	0.3x
Tue, 14 Mar 2023	RM25.9b	RM82.9b	RM1.5b	12.1x	16.9x	0.3x
Thu, 09 Feb 2023	RM27.5b	RM77.9b	RM2.1b	17x	12.8x	0.4x
Sat, 07 Jan 2023	RM27.3b	RM77.9b	RM2.1b	16.8x	12.8x	0.4x
Mon, 05 Dec 2022	RM28.2b	RM77.9b	RM2.1b	18x	13.2x	0.4x
Wed, 02 Nov 2022	RM26.9b	RM67.8b	RM2.5b	13.3x	10.9x	0.4x
Fri, 30 Sep 2022	RM25.6b	RM67.8b	RM2.4b	14.5x	10.6x	0.4x
Sun, 28 Aug 2022	RM27.1b	RM62.6b	RM1.8b	14.1x	15.3x	0.4x
Tue, 26 Jul 2022	RM27.5b	RM54.1b	RM1.3b	10.8x	21x	0.5x
Thu, 23 Jun 2022	RM25.9b	RM54.1b	RM1.3b	12x	19.8x	0.5x
Sat, 21 May 2022	RM29.1b	RM46.6b	RM1.1b	26.4x	26.9x	0.6x
Mon, 18 Apr 2022	RM27.0b	RM46.6b	RM1.1b	15x	24.9x	0.6x
Wed, 16 Mar 2022	RM24.8b	RM46.6b	RM1.1b	13.6x	22.9x	0.5x
Fri, 11 Feb 2022	RM25.9b	RM40.1b	RM849.1m	16.2x	30.5x	0.6x
Sun, 09 Jan 2022	RM23.6b	RM40.1b	RM849.1m	14.2x	27.7x	0.6x
Tue, 07 Dec 2021	RM24.3b	RM40.1b	RM849.1m	12.9x	28.6x	0.6x
Thu, 04 Nov 2021	RM24.8b	RM37.3b	RM1.1b	10.7x	22.7x	0.7x
Sat, 02 Oct 2021	RM23.6b	RM37.3b	RM1.1b	9.1x	21.6x	0.6x
Mon, 30 Aug 2021	RM24.3b	RM37.2b	RM1.1b	8.6x	22.5x	0.7x
Tue, 06 Jul 2021	RM23.2b	RM37.2b	RM1.1b	9.2x	21.5x	0.6x
Fri, 09 Apr 2021	RM24.8b	RM32.4b	RM742.6m	7.2x	33.4x	0.8x
Thu, 31 Dec 2020	RM26.2b	RM34.4b	RM187.6m	24.8x	139.9x	0.8x

Current Industry PE

Investors are optimistic on the Malaysian Oil and Gas industry, and appear confident in long term growth rates.

The industry is trading at a PE ratio of 64.1x which is higher than its 3-year average PE of 36.9x.

Past Earnings Growth

The earnings for companies in the Oil and Gas industry have grown 38% per year over the last three years.
Revenues for these companies have grown 24% 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 Malaysian Energy industry?


MY Market	0.12%
Energy	-0.14%
Oil and Gas	-0.77%
Integrated Oil and Gas	0%
Oil and Gas Refining and Marketing	-0.33%
Oil and Gas Storage and Transportation	-0.41%
Oil and Gas Exploration and Production	-4.91%
Coal and Fuels	-6.12%

Industry PE

Investors are most optimistic about the Oil and Gas Refining and Marketing industry which is trading above its 3-year average PE ratio of 45.5x.

Analysts are expecting annual earnings growth of 5.4%, which is higher than its past year's earnings growth of 2.2% per year.

Investors are most pessimistic about the Oil and Gas Storage and Transportation industry, which is trading close to its 3-year average of 7.0x.

Forecasted Growth

Analysts are most optimistic on the Oil and Gas Refining and Marketing industry, expecting annual earnings growth of 5.4% over the next 5 years.
This is better than its past earnings growth rate of 2.2% 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.

	Company	Last Price	7D	1Y	Valuation
	PETDAG PETRONAS Dagangan Berhad	RM22.70	0.4% +RM79.5m	4.7%	PE22.6x
	EATECH E.A. Technique (M) Berhad	RM0.33	6.6% +RM10.6m	261.1%	PE3.9x

Company

Last Price

Valuation

PETDAG PETRONAS Dagangan Berhad

RM22.70

0.4%
+RM79.5m

4.7%

PE22.6x

EATECH E.A. Technique (M) Berhad

RM0.33

6.6%
+RM10.6m

261.1%

PE3.9x

Oct 24

Industry Valuation and Performance