SSI Research expects the oil and gas sector to diverge in 2027: upstream companies are supported by a new investment cycle, while refining firms may face pressure as oil prices ease. After the Middle East conflict escalated from late February 2026 pushed crude prices up about 50%, sector-wide after-tax profit in H1 2026 reached roughly VND 29,000 billion, up 240%. SSI forecasts Brent to average USD 75–85 per barrel in 2027 and fall to around USD 70 by year-end, as supply is estimated by the EIA to exceed demand by about 4.9 million barrels per day. BSR, PLX and OIL may lose the benefit of low-priced inventory, and GAS's profit is forecast to drop 17%, while PVD is expected to grow 46% to about VND 1,586 billion on new rigs and PVT's profit is projected to rise 32.7%.
Summary written by Upside AI from the original article. Read the source for full details.
Original headline: Giá dầu có thể giảm về 70 USD/thùng trong năm 2027, lợi nhuận các "ông lớn" dầu khí Việt Nam sẽ ra sao?
Related tickers and likely impact
PVD
▼ Likely negativePetroVietNam
Relevance: medium
| Market | Vietnam stocks |
|---|---|
| Exchange | HOSE |
| Sector | Oil & Gas |
| Industry | Oil Equipment & Services |
| Market cap | 16,375 bn VND |
| P/E | 14.7 |
| P/B | 0.95 |
| Close on 10/14/2026 | 18.00 |
| Change that session | +1.12% |
PVT
▼ Likely negativePVTrans
Relevance: medium
| Market | Vietnam stocks |
|---|---|
| Exchange | HOSE |
| Sector | Industrial Goods & Services |
| Industry | Marine Transportation |
| Market cap | 12,225 bn VND |
| P/E | 8.6 |
| P/B | 1.29 |
| Close on 10/14/2026 | 24.70 |
| Change that session | -1.20% |
GAS
▼ Likely negativePetroVietnam Gas
Relevance: low
| Market | Vietnam stocks |
|---|---|
| Exchange | HOSE |
| Sector | Utilities |
| Industry | Gas Distribution |
| Market cap | 183,625 bn VND |
| P/E | 14.4 |
| P/B | 2.67 |
| Close on 10/14/2026 | 78.60 |
| Change that session | +0.13% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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