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U.S. Gas Utilities Industry Analysis

UpdatedMay 09, 2024
DataAggregated Company Financials
Companies14
  • 7D1.3%
  • 3M7.6%
  • 1Y-5.1%
  • YTD2.8%

The Gas Utilities industry is up 2.4% in the last week, with Brookfield Infrastructure up 9.4%. In contrast, the industry has lost 4.9% in the last 12 months. Looking forward, earnings are forecast to grow by 13% annually.

Industry Valuation and Performance

Has the U.S. Gas Utilities Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 09 May 2024US$56.3bUS$33.4bUS$3.0b16x18.9x1.7x
Sat, 06 Apr 2024US$54.7bUS$34.1bUS$2.2b17x25.3x1.6x
Mon, 04 Mar 2024US$52.9bUS$34.1bUS$2.2b15.8x24.5x1.6x
Wed, 31 Jan 2024US$57.1bUS$38.4bUS$1.5b15.3x38.6x1.5x
Fri, 29 Dec 2023US$58.6bUS$38.4bUS$1.5b16.4x39.6x1.5x
Sun, 26 Nov 2023US$55.7bUS$38.4bUS$1.5b16x38.3x1.4x
Tue, 24 Oct 2023US$49.5bUS$37.5bUS$684.8m16.4x72.3x1.3x
Thu, 21 Sep 2023US$52.9bUS$37.5bUS$684.8m18.7x77.3x1.4x
Sat, 19 Aug 2023US$53.0bUS$37.5bUS$684.8m18.3x77.4x1.4x
Mon, 17 Jul 2023US$54.3bUS$38.4bUS$1.5b18.7x36.6x1.4x
Wed, 14 Jun 2023US$55.4bUS$38.4bUS$1.5b19.7x37.3x1.4x
Fri, 12 May 2023US$55.3bUS$38.4bUS$1.5b19.9x37.3x1.4x
Sun, 09 Apr 2023US$57.8bUS$38.5bUS$2.4b20.4x24.4x1.5x
Tue, 07 Mar 2023US$57.0bUS$38.5bUS$2.4b19.7x24.1x1.5x
Thu, 02 Feb 2023US$58.7bUS$36.7bUS$3.4b20.7x17.1x1.6x
Sat, 31 Dec 2022US$57.0bUS$36.7bUS$3.4b19x16.6x1.6x
Mon, 28 Nov 2022US$59.5bUS$36.6bUS$3.5b21.7x17.2x1.6x
Wed, 26 Oct 2022US$54.0bUS$35.0bUS$3.6b18.9x14.8x1.5x
Fri, 23 Sep 2022US$57.0bUS$35.0bUS$3.6b20.4x15.6x1.6x
Sun, 21 Aug 2022US$60.9bUS$35.0bUS$3.6b21.4x16.7x1.7x
Tue, 19 Jul 2022US$58.2bUS$32.9bUS$3.6b21.5x16.4x1.8x
Thu, 16 Jun 2022US$57.2bUS$32.9bUS$3.6b20.4x16.1x1.7x
Sat, 14 May 2022US$58.9bUS$32.9bUS$3.6b21.9x16.6x1.8x
Mon, 11 Apr 2022US$59.4bUS$30.4bUS$3.1b23.8x19.3x2x
Wed, 09 Mar 2022US$62.0bUS$32.1bUS$3.6b21.8x17.1x1.9x
Fri, 04 Feb 2022US$58.1bUS$31.0bUS$3.8b17.4x15.4x1.9x
Sun, 02 Jan 2022US$59.2bUS$30.9bUS$3.8b18x15.5x1.9x
Tue, 30 Nov 2021US$55.2bUS$30.8bUS$3.8b17.5x14.5x1.8x
Thu, 28 Oct 2021US$54.0bUS$28.8bUS$3.6b17.5x14.9x1.9x
Sat, 25 Sep 2021US$46.5bUS$27.3bUS$3.1b16.8x15x1.7x
Mon, 23 Aug 2021US$50.5bUS$27.5bUS$3.1b18.8x16.2x1.8x
Sat, 10 Jul 2021US$50.4bUS$27.5bUS$3.1b18.7x16.2x1.8x
Price to Earnings Ratio

16.3x


Total Market Cap: US$50.9bTotal Earnings: US$3.1bTotal Revenue: US$26.6bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Gas Utilities Industry Price to Earnings3Y Average 26.3x202220232024
Current Industry PE
  • Investors are pessimistic on the American Gas Utilities 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 19.1x which is lower than its 3-year average PE of 26.3x.
  • The industry is trading close to its 3-year average PS ratio of 1.6x.
Past Earnings Growth
  • The earnings for companies in the Gas Utilities industry have declined 2.0% per year over the last three years.
  • Meanwhile revenues for these companies have grown 7.9% per year.
  • This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Industry Trends

Which industries have driven the changes within the U.S. Utilities industry?

US Market3.30%
Utilities3.95%
Gas Utilities1.32%
Gas Utilities1.32%
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?

CompanyLast Price7D1YValuation
BIPC Brookfield InfrastructureUS$34.179.4%
+US$420.5m		-23.7%PE11.1x
NFG National Fuel GasUS$55.865.5%
+US$257.3m		4.7%PE11x
ATO Atmos EnergyUS$120.591.3%
+US$232.3m		2.1%PE19.7x
CPK Chesapeake UtilitiesUS$110.533.2%
+US$75.5m		-13.6%PE28.2x
SWX Southwest Gas HoldingsUS$75.790.6%
+US$33.0m		34.2%PE28.2x
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Latest News

ATO

US$120.59

Atmos Energy

7D

1.3%

1Y

2.1%

SWX

US$75.79

Southwest Gas Holdings

7D

0.6%

1Y

34.2%

CPK

US$110.53

Chesapeake Utilities

7D

3.2%

1Y

-13.6%

SR

US$61.58

Spire

7D

-0.5%

1Y

-11.2%

We Think That There Are More Issues For Spire (NYSE:SR) Than Just Sluggish Earnings

May 08
We Think That There Are More Issues For Spire (NYSE:SR) Than Just Sluggish Earnings

NJR

US$44.19

New Jersey Resources

7D

0.3%

1Y

-12.3%

NWN

US$38.47

Northwest Natural Holding

7D

0.8%

1Y

-17.2%

OGS

US$64.09

ONE Gas

7D

-2.7%

1Y

-21.0%

RGCO

US$20.65

RGC Resources

7D

-1.4%

1Y

8.7%

NFG

US$55.86

National Fuel Gas

7D

5.5%

1Y

4.7%

National Fuel Gas Company Just Beat EPS By 28%: Here's What Analysts Think Will Happen Next

May 06
National Fuel Gas Company Just Beat EPS By 28%: Here's What Analysts Think Will Happen Next

UGI

US$24.78

UGI

7D

-4.3%

1Y

-16.4%

BIPC

US$34.17

Brookfield Infrastructure

7D

9.4%

1Y

-23.7%