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U.S. Energy Sector Analysis

UpdatedSep 27, 2023
DataAggregated Company Financials
Companies562
  • 7D-1.1%
  • 3M12.5%
  • 1Y27.3%
  • YTD8.4%

Over the last 7 days, the Energy industry has dropped 1.1%, driven by pullbacks in Exxon Mobil and ConocoPhillips of 0.8% and 2.5%, respectively. Over the past 12 months, the industry was up 27%. In the next few years, earnings are forecast to decline by 3.6% annually.

Sector Valuation and Performance

Has the U.S. Energy Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 27 Sep 2023US$2.4tUS$2.2tUS$272.6b7.7x8.8x1.1x
Fri, 25 Aug 2023US$2.3tUS$2.2tUS$272.4b7.5x8.4x1.1x
Sun, 23 Jul 2023US$2.6tUS$2.4tUS$317.6b7.2x8.1x1.1x
Tue, 20 Jun 2023US$2.5tUS$2.4tUS$315.8b7.2x7.8x1x
Thu, 18 May 2023US$2.4tUS$2.4tUS$316.0b6.8x7.6x1x
Sat, 15 Apr 2023US$2.3tUS$2.4tUS$279.2b6.9x8.2x1x
Mon, 13 Mar 2023US$2.2tUS$2.4tUS$280.4b6.8x7.7x0.9x
Wed, 08 Feb 2023US$2.3tUS$2.3tUS$270.9b7.5x8.5x1x
Fri, 06 Jan 2023US$2.3tUS$2.3tUS$256.9b7.6x8.8x1x
Sun, 04 Dec 2022US$2.4tUS$2.3tUS$257.1b8.5x9.2x1x
Tue, 01 Nov 2022US$2.4tUS$2.2tUS$223.1b10.3x10.7x1.1x
Thu, 29 Sep 2022US$2.0tUS$2.1tUS$190.8b9.6x10.3x1x
Sat, 27 Aug 2022US$2.2tUS$2.1tUS$190.6b10.9x11.7x1.1x
Mon, 25 Jul 2022US$1.9tUS$1.8tUS$111.5b12.9x17.2x1.1x
Wed, 22 Jun 2022US$2.0tUS$1.8tUS$110.4b13.6x18.5x1.2x
Fri, 20 May 2022US$2.1tUS$1.8tUS$109.5b14.8x19.6x1.2x
Sun, 17 Apr 2022US$2.2tUS$1.6tUS$90.1b15.5x23.9x1.4x
Tue, 15 Mar 2022US$2.0tUS$1.6tUS$91.2b15x21.6x1.2x
Thu, 10 Feb 2022US$1.8tUS$1.5tUS$67.9b18.1x26.9x1.2x
Sat, 08 Jan 2022US$1.7tUS$1.4tUS$22.1b18.8x75.7x1.2x
Mon, 06 Dec 2021US$1.5tUS$1.4tUS$23.3b15.8x63.9x1.1x
Wed, 03 Nov 2021US$1.6tUS$1.3tUS$3.1b21.2x514.4x1.3x
Fri, 01 Oct 2021US$1.5tUS$1.2t-US$15,279,198,473.0020.2x-95.2x1.2x
Sun, 29 Aug 2021US$1.3tUS$1.2t-US$16,086,788,527.1415.2x-83.3x1.1x
Mon, 05 Jul 2021US$1.5tUS$1.2t-US$16,112,384,260.1415.9x-91.1x1.2x
Thu, 08 Apr 2021US$1.3tUS$1.0t-US$62,470,884,964.5412.9x-20.7x1.3x
Sun, 10 Jan 2021US$974.5bUS$989.7b-US$153,942,789,407.278.8x-6.3x1x
Sat, 03 Oct 2020US$751.0bUS$1.1t-US$130,985,681,432.166.1x-5.7x0.7x
Price to Earnings Ratio

-5.7x


Total Market Cap: US$751.0bTotal Earnings: -US$130,985,681,432.16Total Revenue: US$1.1tTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Energy Sector Price to Earnings3Y Average 2.5x202120222023
Current Industry PE
  • Investors are optimistic on the American Energy industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 8.8x which is higher than its 3-year average PE of 2.5x.
  • The industry is trading close to its 3-year average PS ratio of 1.1x.
Past Earnings Growth
  • Total earnings for the Energy industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 25% per year.
  • This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.

Industry Trends

Which industries have driven the changes within the U.S. Energy sector?

US Market-3.77%
Energy-1.14%
Oil and Gas-1.13%
Energy Services-1.22%
Industry PE
  • Investors are most optimistic about the Energy Services industry, which is trading close to its 3-year average PE ratio of 22.7x.
    • Analysts are expecting annual earnings growth of 24.1%, which is lower than the prior year's growth of 158.5% per year.
  • Investors are most pessimistic about the Oil and Gas industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average.
Forecasted Growth
  • Analysts are most optimistic on the Energy Services industry, expecting annual earnings growth of 24% over the next 5 years.
  • However this is lower than its past earnings growth rate of 158% per year.
  • In contrast, the Oil and Gas industry is expected to see its earnings decline by 7.1% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
OKE ONEOKUS$64.48-4.9%
US$7.2b
26.5%PE15.4x
CVX ChevronUS$167.800.4%
+US$1.1b
19.0%PE10.4x
FRO FrontlineUS$18.368.5%
+US$320.6m
56.5%PE5x
PR Permian ResourcesUS$13.460.2%
+US$313.7m
112.3%PE9.6x
RIG TransoceanUS$8.424.3%
+US$272.4m
239.5%PS2.4x
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Latest News

XOM

US$116.41

Exxon Mobil

7D

-0.8%

1Y

35.8%

OKE

US$64.48

ONEOK

7D

-4.9%

1Y

26.5%

DVN

US$46.95

Devon Energy

7D

-4.2%

1Y

-16.4%

PR

US$13.46

Permian Resources

7D

0.2%

1Y

112.3%

CHRD

US$159.38

Chord Energy

7D

2.2%

1Y

26.4%

RIG

US$8.42

Transocean

7D

4.3%

1Y

239.5%