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U.S. Energy Services Industry Analysis

UpdatedDec 08, 2022
DataAggregated Company Financials
Companies100
  • 7D-5.9%
  • 3M21.6%
  • 1Y43.0%
  • YTD39.4%

Over the last 7 days, the Energy Services industry has dropped 5.9%, driven by pullbacks in Halliburton and Schlumberger of 7.5% and 3.4%, respectively. In the past year, the industry has gained 43%. Looking forward, earnings are forecast to grow by 36% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 08 Dec 2022US$207.6bUS$129.7bUS$3.0b22x70.2x1.6x
Sat, 05 Nov 2022US$222.2bUS$128.7bUS$2.8b25.3x79.2x1.7x
Mon, 03 Oct 2022US$154.5bUS$121.7bUS$804.7m24.2x191.9x1.3x
Wed, 31 Aug 2022US$173.2bUS$120.8bUS$704.2m30.4x245.9x1.4x
Fri, 29 Jul 2022US$160.0bUS$116.8b-US$5,784,496,259.0030.6x-27.7x1.4x
Sun, 26 Jun 2022US$166.7bUS$113.9b-US$5,583,929,850.0033.5x-29.9x1.5x
Tue, 24 May 2022US$204.7bUS$113.7b-US$5,667,763,835.0033x-36.1x1.8x
Thu, 21 Apr 2022US$208.1bUS$109.2b-US$7,255,242,731.0022.1x-28.7x1.9x
Sat, 19 Mar 2022US$192.5bUS$108.6b-US$5,232,914,653.0021.4x-36.8x1.8x
Mon, 14 Feb 2022US$177.4bUS$114.1b-US$7,719,314,137.0027.7x-23x1.6x
Wed, 12 Jan 2022US$160.9bUS$111.0b-US$8,813,840,168.0035.7x-18.3x1.4x
Fri, 10 Dec 2021US$140.3bUS$111.0b-US$8,811,367,837.0031.3x-15.9x1.3x
Sun, 07 Nov 2021US$158.5bUS$111.1b-US$9,265,241,444.0039.2x-17.1x1.4x
Tue, 05 Oct 2021US$149.4bUS$107.2b-US$10,580,914,158.0031.6x-14.1x1.4x
Thu, 02 Sep 2021US$126.7bUS$109.7b-US$10,688,104,611.3321.4x-11.9x1.2x
Sat, 31 Jul 2021US$125.5bUS$109.7b-US$10,688,104,611.3319x-11.7x1.1x
Tue, 04 May 2021US$114.8bUS$106.3b-US$12,773,858,578.828.4x-9x1.1x
Fri, 05 Feb 2021US$101.4bUS$114.4b-US$43,867,315,173.678.4x-2.3x0.9x
Mon, 09 Nov 2020US$64.1bUS$122.3b-US$46,517,854,335.037.1x-1.4x0.5x
Sun, 02 Aug 2020US$76.7bUS$134.6b-US$59,567,039,986.026x-1.3x0.6x
Wed, 06 May 2020US$67.7bUS$148.3b-US$55,067,585,096.898.1x-1.2x0.5x
Sat, 08 Feb 2020US$131.6bUS$154.8b-US$23,160,128,014.6813.3x-5.7x0.9x
Price to Earnings Ratio

-6.7x


Total Market Cap: US$159.1bTotal Earnings: -US$23,741,182,014.68Total Revenue: US$156.2bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Energy Services Industry Price to Earnings3Y Average 8.4x20212022
Current Industry PE
  • Investors are optimistic on the American Energy Services industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 70.2x which is higher than its 3-year average PE of 8.4x.
  • The 3-year average PS ratio of 1.1x is lower than the industry's current PS ratio of 1.6x.
Past Earnings Growth
  • Total earnings for the Energy Services industry have gone up over the last three years and the industry is now profitable.
  • Revenues have declined 6.0% per year.
  • This means that less sales are being generated overall, but since the cost of doing business is lower, profits have been increasing.

Industry Trends

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

US Market-3.73%
Energy-6.90%
Energy Services-5.90%
Oil and Gas Services-5.45%
Oil and Gas Drilling-9.40%
Industry PE
  • Investors are most optimistic about the Oil and Gas Services industry even though it's trading below its 3-year average PE ratio of 54.8x.
    • Analysts are expecting annual earnings growth of 33.4%, which is lower than the prior year's growth of 48.7% per year.
Forecasted Growth
  • Analysts are most optimistic on the Oil and Gas Drilling industry, expecting annual earnings growth of 58% over the next 5 years.
  • In contrast, the Oil and Gas Services industry is expected to see its earnings grow by 33% 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
TDW TidewaterUS$30.791.3%
+US$19.7m
172.2%PS2.7x
DWSN Dawson GeophysicalUS$2.107.1%
+US$3.3m
-9.5%PS1.5x
SMHI SEACOR Marine HoldingsUS$8.261.4%
+US$2.9m
124.5%PS1.1x
PFIE Profire EnergyUS$1.165.5%
+US$2.8m
12.5%PE27.6x
FET Forum Energy TechnologiesUS$29.451.3%
+US$2.2m
65.5%PS0.3x
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HP

US$45.57

Helmerich & Payne

7D

-10.8%

1Y

85.9%

SLB

US$49.80

Schlumberger

7D

-3.4%

1Y

60.3%

CHX

US$28.22

ChampionX

7D

-8.5%

1Y

22.2%

NOV

US$20.33

NOV

7D

-9.5%

1Y

52.2%

FET

US$29.45

Forum Energy Technologies

7D

1.3%

1Y

65.5%

PTEN

US$15.73

Patterson-UTI Energy

7D

-12.4%

1Y

85.7%

BKR

US$27.88

Baker Hughes

7D

-3.9%

1Y

11.7%

TDW

US$30.79

Tidewater

7D

1.3%

1Y

172.2%

SMHI

US$8.26

SEACOR Marine Holdings

7D

1.4%

1Y

124.5%

RCON

US$0.92

Recon Technology

7D

0.9%

1Y

-45.7%

FTI

US$11.43

TechnipFMC

7D

-7.8%

1Y

72.9%