| Code | Name | Price | Earnings | PE Ratio |
| SEA | SUNDANCE ENERGY AUSTRALIA LIMITED | $0.630 | $0.010 | 63.00 |
| TXN | TEXON PETROLEUM LTD | $0.560 | $0.010 | 56.00 |
| AUT | AURORA OIL and GAS LIMITED | $3.880 | $0.070 | 55.43 |
| MAD | MAVERICK DRILLING AND EXPLORATION LIMITED | $1.055 | $0.020 | 52.75 |
| EKA | EUREKA ENERGY LIMITED | $0.480 | $0.010 | 48.00 |
| OSH | OIL SEARCH LIMITED | $6.830 | $0.150 | 45.53 |
| WHC | WHITEHAVEN COAL LIMITED | $4.670 | $0.130 | 35.92 |
| TAP | TAP OIL LIMITED | $0.680 | $0.020 | 34.00 |
| IOG | INCREMENTAL OIL AND GAS LIMITED | $0.305 | $0.010 | 30.50 |
| BPT | BEACH ENERGY LIMITED | $1.145 | $0.040 | 28.63 |
| NHC | NEW HOPE CORPORATION LIMITED | $4.390 | $0.240 | 18.29 |
| WPL | WOODSIDE PETROLEUM LIMITED | $32.800 | $1.880 | 17.45 |
| WOR | WORLEYPARSONS LIMITED | $26.440 | $1.560 | 16.95 |
| STO | SANTOS LIMITED | $12.550 | $0.840 | 14.94 |
| MCE | MATRIX COMPOSITES and ENGINEERING LIMITED | $2.350 | $0.160 | 14.69 |
| ORG | ORIGIN ENERGY LIMITED | $13.150 | $1.060 | 12.41 |
| ROC | ROC OIL COMPANY LIMITED | $0.355 | $0.040 | 8.88 |
| MIO | MICLYN EXPRESS OFFSHORE LIMITED | $1.855 | $0.220 | 8.43 |
| CUE | CUE ENERGY RESOURCES LIMITED | $0.240 | $0.030 | 8.00 |
| BGG | BLACKGOLD INTERNATIONAL HOLDINGS LIMITED | $0.235 | $0.030 | 7.83 |
| HZN | HORIZON OIL LIMITED | $0.290 | $0.040 | 7.25 |
| COI | COMET RIDGE LIMITED | $0.110 | $0.020 | 5.50 |
| HOG | HAWKLEY OIL AND GAS LIMITED | $0.210 | $0.040 | 5.25 |
| OEL | OTTO ENERGY LIMITED | $0.098 | $0.020 | 4.90 |
| CRM | CARBON MINERALS LIMITED | $1.660 | $0.690 | 2.41 |
| SWW | SWW ENERGY LIMITED | $0.020 | $0.010 | 2.00 |
| MPO | MOLOPO ENERGY LIMITED | $0.575 | $0.330 | 1.74 |
| NGY | NUENERGY GAS LIMITED | $0.083 | $0.050 | 1.66 |
| WAL | WAVENET INTERNATIONAL LIMITED | $0.180 | $0.110 | 1.64 |
| LNC | LINC ENERGY LTD | $0.795 | $1.760 | 0.45 |
ASX Energy PE Ratios (15-May-2012)
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