| Code | Name | Price | Earnings | PE Ratio |
| TXN | TEXON PETROLEUM LTD | $0.560 | $0.010 | 56.00 |
| SEA | SUNDANCE ENERGY AUSTRALIA LIMITED | $0.550 | $0.010 | 55.00 |
| AUT | AURORA OIL and GAS LIMITED | $3.300 | $0.070 | 47.14 |
| EKA | EUREKA ENERGY LIMITED | $0.465 | $0.010 | 46.50 |
| MAD | MAVERICK DRILLING AND EXPLORATION LIMITED | $0.920 | $0.020 | 46.00 |
| OSH | OIL SEARCH LIMITED | $6.590 | $0.150 | 43.93 |
| TAP | TAP OIL LIMITED | $0.660 | $0.020 | 33.00 |
| WHC | WHITEHAVEN COAL LIMITED | $4.170 | $0.130 | 32.08 |
| IOG | INCREMENTAL OIL AND GAS LIMITED | $0.305 | $0.010 | 30.50 |
| BPT | BEACH ENERGY LIMITED | $1.120 | $0.040 | 28.00 |
| NHC | NEW HOPE CORPORATION LIMITED | $4.200 | $0.240 | 17.50 |
| WPL | WOODSIDE PETROLEUM LIMITED | $30.990 | $1.880 | 16.48 |
| WOR | WORLEYPARSONS LIMITED | $25.060 | $1.560 | 16.06 |
| MCE | MATRIX COMPOSITES and ENGINEERING LIMITED | $2.350 | $0.160 | 14.69 |
| STO | SANTOS LIMITED | $11.960 | $0.840 | 14.24 |
| ORG | ORIGIN ENERGY LIMITED | $12.720 | $1.060 | 12.00 |
| ROC | ROC OIL COMPANY LIMITED | $0.335 | $0.040 | 8.38 |
| MIO | MICLYN EXPRESS OFFSHORE LIMITED | $1.820 | $0.220 | 8.27 |
| BGG | BLACKGOLD INTERNATIONAL HOLDINGS LIMITED | $0.235 | $0.030 | 7.83 |
| CUE | CUE ENERGY RESOURCES LIMITED | $0.235 | $0.030 | 7.83 |
| HZN | HORIZON OIL LIMITED | $0.270 | $0.040 | 6.75 |
| COI | COMET RIDGE LIMITED | $0.105 | $0.020 | 5.25 |
| HOG | HAWKLEY OIL AND GAS LIMITED | $0.185 | $0.040 | 4.63 |
| OEL | OTTO ENERGY LIMITED | $0.091 | $0.020 | 4.55 |
| CRM | CARBON MINERALS LIMITED | $1.660 | $0.690 | 2.41 |
| SWW | SWW ENERGY LIMITED | $0.020 | $0.010 | 2.00 |
| NGY | NUENERGY GAS LIMITED | $0.078 | $0.050 | 1.56 |
| MPO | MOLOPO ENERGY LIMITED | $0.490 | $0.330 | 1.48 |
| WAL | WAVENET INTERNATIONAL LIMITED | $0.150 | $0.110 | 1.36 |
| LNC | LINC ENERGY LTD | $0.680 | $1.760 | 0.39 |
ASX Energy PE Ratios (18-May-2012)
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