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Australian (ASX) Oil and Gas Exploration and Production Industry Analysis

UpdatedJun 01, 2025

DataAggregated Company Financials

Companies68

7D2.7%
3M-6.7%
1Y-18.4%
YTDn/a

In the last week, the Oil and Gas Exploration and Production industry is up 2.7%, with Woodside Energy Group up 3.1%. During this same period, the Otto Energy underperformed, falling 58%. However, the industry is down 18% over the past year. In the next few years, earnings are forecast to decline by 8.8% annually.

Industry Valuation and Performance

Has the Australian Oil and Gas Exploration and Production Industry valuation changed over the past few years?

Date	Market Cap	Revenue	Earnings	PE	Absolute PE	PS
Sun, 01 Jun 2025	AU$71.9b	AU$32.7b	AU$7.5b	12.6x	9.5x	2.2x
Tue, 29 Apr 2025	AU$65.8b	AU$32.9b	AU$7.6b	13.3x	8.7x	2x
Thu, 27 Mar 2025	AU$74.1b	AU$33.4b	AU$7.7b	14.6x	9.6x	2.2x
Sat, 22 Feb 2025	AU$74.5b	AU$32.1b	AU$5.1b	14x	14.7x	2.3x
Mon, 20 Jan 2025	AU$81.5b	AU$33.3b	AU$4.7b	12.5x	17.2x	2.4x
Wed, 18 Dec 2024	AU$73.9b	AU$32.6b	AU$4.6b	11.5x	16x	2.3x
Fri, 15 Nov 2024	AU$75.0b	AU$32.0b	AU$4.5b	11.1x	16.6x	2.3x
Sun, 13 Oct 2024	AU$81.5b	AU$30.8b	AU$4.3b	12.5x	19x	2.6x
Tue, 10 Sep 2024	AU$75.4b	AU$31.2b	AU$4.3b	7.7x	17.5x	2.4x
Thu, 08 Aug 2024	AU$82.1b	AU$34.2b	AU$4.6b	7.4x	18x	2.4x
Sat, 06 Jul 2024	AU$91.4b	AU$33.4b	AU$4.4b	6.7x	20.6x	2.7x
Mon, 03 Jun 2024	AU$87.6b	AU$33.7b	AU$4.5b	9x	19.5x	2.6x
Wed, 01 May 2024	AU$88.8b	AU$34.3b	AU$4.6b	7.5x	19.4x	2.6x
Fri, 29 Mar 2024	AU$94.1b	AU$34.6b	AU$4.6b	7x	20.4x	2.7x
Sun, 25 Feb 2024	AU$92.3b	AU$40.6b	AU$12.0b	6.5x	7.7x	2.3x
Tue, 23 Jan 2024	AU$95.5b	AU$42.0b	AU$13.0b	7.5x	7.3x	2.3x
Thu, 21 Dec 2023	AU$95.8b	AU$41.0b	AU$12.6b	6.5x	7.6x	2.3x
Sat, 18 Nov 2023	AU$93.0b	AU$42.6b	AU$13.2b	5.7x	7.1x	2.2x
Mon, 16 Oct 2023	AU$103.9b	AU$43.9b	AU$13.6b	7.5x	7.6x	2.4x
Wed, 13 Sep 2023	AU$107.7b	AU$43.1b	AU$13.4b	6.3x	8x	2.5x
Fri, 11 Aug 2023	AU$111.8b	AU$41.1b	AU$13.5b	7.6x	8.3x	2.7x
Sun, 09 Jul 2023	AU$99.7b	AU$40.4b	AU$13.3b	6.5x	7.5x	2.5x
Tue, 06 Jun 2023	AU$101.6b	AU$41.0b	AU$13.5b	6.8x	7.5x	2.5x
Thu, 04 May 2023	AU$95.8b	AU$40.5b	AU$13.3b	6.6x	7.2x	2.4x
Sat, 01 Apr 2023	AU$97.0b	AU$40.3b	AU$13.3b	7.2x	7.3x	2.4x
Mon, 27 Feb 2023	AU$99.9b	AU$30.3b	AU$8.4b	13.4x	11.9x	3.3x
Wed, 25 Jan 2023	AU$107.7b	AU$27.0b	AU$6.9b	16.4x	15.6x	4x
Fri, 23 Dec 2022	AU$104.4b	AU$28.1b	AU$7.2b	13.9x	14.5x	3.7x
Sun, 20 Nov 2022	AU$107.6b	AU$28.2b	AU$7.2b	14.2x	14.9x	3.8x
Tue, 18 Oct 2022	AU$100.7b	AU$30.1b	AU$7.8b	13.7x	12.9x	3.3x
Thu, 15 Sep 2022	AU$97.2b	AU$27.9b	AU$7.3b	8.7x	13.4x	3.5x
Sat, 13 Aug 2022	AU$96.7b	AU$19.2b	AU$3.8b	9.5x	25.7x	5x
Mon, 11 Jul 2022	AU$92.1b	AU$19.8b	AU$3.9b	9.4x	23.6x	4.7x
Wed, 08 Jun 2022	AU$101.9b	AU$19.0b	AU$3.7b	11.2x	27.4x	5.4x

Price to Earnings Ratio

27.4x

Wed, 08 Jun 2022

Current Industry PE

Investors are pessimistic on the Australian Oil and Gas Exploration and Production industry, indicating that they anticipate long term growth rates will be lower than they have historically.

The industry is trading at a PE ratio of 9.5x which is lower than its 3-year average PE of 13.8x.

The 3-year average PS ratio of 2.8x is higher than the industry's current PS ratio of 2.2x.

Past Earnings Growth

The earnings for companies in the Oil and Gas Exploration and Production industry have grown 27% per year over the last three years.
Revenues for these companies have grown 20% 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 Australian Oil and Gas Exploration and Production compare with similar industries?


AU Market	0.92%
Energy	2.33%
Oil and Gas	2.33%
Oil and Gas Exploration and Production	2.70%
Coal and Fuels	2.33%
Oil and Gas Refining and Marketing	-0.54%
Oil and Gas Storage and Transportation	-10.00%

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
WDS Woodside Energy Group	AU$22.25	3.1% +AU$1.3b	-19.7%	PE7.6x
STO Santos	AU$6.59	2.6% +AU$550.8m	-13.6%	PE11.2x
BPT Beach Energy	AU$1.35	1.9% +AU$57.0m	-19.7%	PE33.3x
KAR Karoon Energy	AU$1.67	2.5% +AU$27.4m	-7.8%	PE6.2x
AEL Amplitude Energy	AU$0.20	5.4% +AU$26.5m	-15.2%	PS2.1x

Latest News

PH2

AU$0.083

Pure Hydrogen

-7.8%

-58.5%

TEE

AU$0.052

Top End Energy

-13.3%

-54.8%

OEL

AU$0.005

Otto Energy

-58.3%

NGY

AU$0.026

NuEnergy Gas

30.0%

18.2%

EEG

AU$0.17

Empire Energy Group

6.3%

-8.1%

KAR

AU$1.67

Karoon Energy

2.5%

-7.8%

It's Probably Less Likely That Karoon Energy Ltd's (ASX:KAR) CEO Will See A Huge Pay Rise This Year

May 15

HE8

AU$0.014

Helios Energy

16.7%

-66.7%

IVZ

AU$0.053

Invictus Energy

-5.4%

-14.5%

Is Invictus Energy (ASX:IVZ) In A Good Position To Invest In Growth?

May 12

WDS

AU$22.25

Woodside Energy Group

3.1%

-19.7%

STX

AU$0.17

Strike Energy

-5.7%

-17.5%

Optimistic Investors Push Strike Energy Limited (ASX:STX) Shares Up 32% But Growth Is Lacking

May 07

BPT

AU$1.35

Beach Energy

1.9%

-19.7%

STO

AU$6.59

Santos

2.6%

-13.6%

Benign Growth For Santos Limited (ASX:STO) Underpins Its Share Price

Apr 27

AEL

AU$0.20

Amplitude Energy

5.4%

-15.2%

HZN

AU$0.17

Horizon Oil

-8.1%

OMA

AU$0.23

Omega Oil & Gas

-8.0%

15.0%

ECH

AU$0.35

Echelon Resources

-4.1%

-9.0%

	
		OSZAR »

Australian (ASX) Oil and Gas Exploration and Production Industry Analysis

Industry Valuation and Performance

Industry Comparison

Top Stock Gainers and Losers

Latest News

Consensus revenue estimates fall by 39%

New major risk - Market cap size

New major risk - Share price stability

Nuenergy Gas Limited Commences Spudding of Te-B06001 Well for Early Gas Sales Initiative

New minor risk - Shareholder dilution

It's Probably Less Likely That Karoon Energy Ltd's (ASX:KAR) CEO Will See A Huge Pay Rise This Year

New minor risk - Shareholder dilution

Is Invictus Energy (ASX:IVZ) In A Good Position To Invest In Growth?

Woodside Energy Group Ltd Elects Tony O'neill as Director

Optimistic Investors Push Strike Energy Limited (ASX:STX) Shares Up 32% But Growth Is Lacking

Price target decreased by 7.0% to AU$1.44

Benign Growth For Santos Limited (ASX:STO) Underpins Its Share Price

Giselle Collins Retires as Non-Executive Director of Amplitude Energy Limited, Effective 15 April 2025

Upcoming dividend of AU$0.015 per share

Omega Oil and Gas Limited Provides Corporate Update Following the Successful Flow Testing of the Canyon-1H Vertical Well in the Taroom Trough Within Queensland's Bowen Basin

Echelon Resources Limited (ASX:ECH) signed a letter of intent to acquire EP-145 in Australia from Mosman Oil and Gas Limited (AIM:MSMN) for AUD 0.40 million.