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U.S. Oil and Gas Drilling Industry Analysis

UpdatedMay 29, 2022
DataAggregated Company Financials
Companies14
  • 7D14.8%
  • 3M44.1%
  • 1Y84.9%
  • YTD69.4%

Over the last 7 days, the Oil and Gas Drilling industry has risen 15%, driven by gains from every company within the industry. This means that the industry has gained 85% over the past year. Looking forward, earnings are forecast to grow by 93% annually.

Industry Valuation and Performance

Has the U.S. Oil and Gas Drilling Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPE
Sun, 29 May 2022US$22.2bUS$10.8b-US$7,622,904,000.0029x
Tue, 26 Apr 2022US$19.0bUS$10.2b-US$8,607,670,000.005.5x
Thu, 24 Mar 2022US$18.4bUS$9.8b-US$6,433,996,000.003x
Sat, 19 Feb 2022US$14.5bUS$9.8b-US$9,257,919,000.000.7x
Mon, 17 Jan 2022US$13.6bUS$9.3b-US$9,036,360,000.000.6x
Wed, 15 Dec 2021US$11.0bUS$9.3b-US$9,036,360,000.000.7x
Fri, 12 Nov 2021US$13.1bUS$9.1b-US$9,165,044,000.000.7x
Sun, 10 Oct 2021US$13.2bUS$9.0b-US$9,400,314,000.0010.9x
Tue, 07 Sep 2021US$11.8bUS$10.4b-US$9,477,487,000.000.5x
Thu, 05 Aug 2021US$10.5bUS$10.4b-US$9,477,487,000.000.7x
Sun, 09 May 2021US$7.0bUS$10.0b-US$4,786,822,000.000.7x
Wed, 10 Feb 2021US$6.6bUS$11.1b-US$8,065,822,000.000.7x
Tue, 03 Nov 2020US$2.9bUS$13.6b-US$9,448,803,000.000.7x
Fri, 07 Aug 2020US$4.6bUS$15.1b-US$10,437,054,000.002.2x
Thu, 30 Apr 2020US$4.2bUS$16.4b-US$8,195,744,000.000.3x
Sun, 02 Feb 2020US$11.3bUS$18.1b-US$4,782,220,000.000.3x
Wed, 06 Nov 2019US$11.9bUS$18.3b-US$4,550,392,000.001.1x
Sat, 10 Aug 2019US$16.7bUS$18.5b-US$3,524,974,000.001.2x
Median PE Ratio

37.2x


Total Market Cap: US$15.6bTotal Earnings: -US$9,238,016,000.00Total Revenue: US$18.3bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Oil and Gas Drilling Industry Median PE3Y Average 3.1x202020212022
Current Industry PEThere is only one profitable company in this industry, so there is insufficient data to make an industry-wide assessment of PE.
Past Earnings Growth
  • The earnings for companies in the Oil and Gas Drilling industry have improved over the last three years.
  • Meanwhile revenues for these companies have declined 16% per year.
  • This means that less sales are being generated overall, but since the cost of doing business is lower, losses have been shrinking.

Industry Comparison

How does U.S. Oil and Gas Drilling compare with similar industries?

US Market6.18%
Energy8.68%
Energy Services12.73%
Oil and Gas Drilling14.78%
Oil and Gas Services12.50%
Industry PEThere is insufficient data on the sub-industries of this industry.
Forecasted GrowthThere is insufficient data on the sub-industries of this industry.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
PTEN Patterson-UTI EnergyUS$19.8125.4%
+US$867.4m
136.7%PS2.6x
HP Helmerich & PayneUS$51.6913.3%
+US$640.1m
83.0%PS3.5x
NE NobleUS$37.3016.9%
+US$350.5m
n/aPS29x
NBR Nabors IndustriesUS$167.5825.5%
+US$320.5m
79.0%PS0.7x
VAL ValarisUS$60.257.6%
+US$320.3m
156.7%PS3.6x
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Latest News

NE

US$37.30

Noble

7D

16.9%

1Y

n/a

VAL

US$60.25

Valaris

7D

7.6%

1Y

156.7%