Energy

Valuing energy companies requires a different approach from valuing companies in less cyclical sectors. Traditional valuation metrics such as theprice-to-earnings (P/E)ratio can be misleading when applied to energy stocks, because earnings fluctuate dramatically withcommodityprices. A company that appears cheap on a trailing P/E basis …

Several structural trends are reshaping the ASX energy sector in ways that will influence investment outcomes for years to come.

The global oil market in 2026 has been characterised by extraordinary volatility. The U.S. Energy Information Administration (EIA) projected that Brent crude prices would remain above US$95 per barrel in the near term before declining below US$80 per barrel by the third quarter and …

Upstream companies like Woodside, Santos, Karoon, and Beach Energy generaterevenueby extracting hydrocarbons from the ground and selling them on globalcommoditymarkets. Their business model involves three key phases: exploration (finding reserves), development (building the infrastructure to extract them), and production (operating the wells and facilities …

TheAustralianenergy sector occupies a position of global significance that often surprises international observers. Australia is the world's largest exporter of LNG by capacity, one of the largest exporters of coal, and holds substantial uranium reserves. The country's energy companies therefore operate not just within …

Few sectors on theAustralian Securities Exchangecarry as much weight in the national conversation as energy. From the fuel that powers vehicles and heats homes to the liquefied natural gas shipped to trading partners across Asia, energy companies sit at the intersection of economic growth, …

Retail investors frequently make certain recurring mistakes when investing in energy stocks. Being aware of these pitfalls can help you avoid costly errors.