U.S. Oil and Gas Drilling Industry Analysis
UpdatedSep 24, 2023
DataAggregated Company Financials
Companies14
- 7D-4.5%
- 3M31.5%
- 1Y69.0%
- YTD20.5%
Over the last 7 days, the Oil and Gas Drilling industry has dropped 4.5%, driven by declines from every company within the industry. In the past year, the industry has gained 69%. Earnings are forecast to grow by 55% annually.
Industry Valuation and Performance
Has the U.S. Oil and Gas Drilling Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 24 Sep 2023 | US$32.5b | US$16.7b | US$299.5m | 17.4x | 108.5x | 2x |
| Tue, 22 Aug 2023 | US$29.9b | US$16.7b | US$299.5m | 10.3x | 99.7x | 1.8x |
| Thu, 20 Jul 2023 | US$29.4b | US$15.7b | US$73.9m | 20.8x | 397.1x | 1.9x |
| Sat, 17 Jun 2023 | US$23.2b | US$15.7b | US$73.9m | 16.7x | 313.3x | 1.5x |
| Mon, 15 May 2023 | US$21.9b | US$15.7b | US$73.9m | 16.5x | 296.4x | 1.4x |
| Wed, 12 Apr 2023 | US$24.7b | US$14.3b | -US$501,182,000.00 | 26.9x | -49.2x | 1.7x |
| Fri, 10 Mar 2023 | US$25.4b | US$14.3b | -US$508,285,000.00 | 28.1x | -49.9x | 1.8x |
| Sun, 05 Feb 2023 | US$27.2b | US$13.2b | -US$1,047,521,000.00 | 31.4x | -26x | 2.1x |
| Tue, 03 Jan 2023 | US$25.2b | US$12.9b | -US$1,194,661,000.00 | 32.3x | -21.1x | 2x |
| Thu, 01 Dec 2022 | US$25.1b | US$12.9b | -US$1,194,661,000.00 | 31.9x | -21x | 2x |
| Sat, 29 Oct 2022 | US$24.0b | US$12.3b | -US$1,615,951,000.00 | 76.1x | -14.8x | 1.9x |
| Mon, 26 Sep 2022 | US$15.1b | US$11.8b | -US$1,869,485,000.00 | 47.9x | -8.1x | 1.3x |
| Wed, 24 Aug 2022 | US$19.0b | US$11.8b | -US$1,869,485,000.00 | 50.5x | -10.2x | 1.6x |
| Fri, 22 Jul 2022 | US$15.9b | US$10.8b | -US$7,622,904,000.00 | 20.7x | -2.1x | 1.5x |
| Sun, 19 Jun 2022 | US$18.0b | US$10.8b | -US$7,622,904,000.00 | 24.5x | -2.4x | 1.7x |
| Tue, 17 May 2022 | US$19.4b | US$10.8b | -US$7,576,318,000.00 | 27.6x | -2.6x | 1.8x |
| Thu, 14 Apr 2022 | US$20.7b | US$10.2b | -US$8,607,670,000.00 | 6.2x | -2.4x | 2x |
| Sat, 12 Mar 2022 | US$18.2b | US$9.8b | -US$6,433,996,000.00 | 3.2x | -2.8x | 1.9x |
| Mon, 07 Feb 2022 | US$14.2b | US$9.5b | -US$9,009,780,000.00 | 0.7x | -1.6x | 1.5x |
| Wed, 05 Jan 2022 | US$12.5b | US$9.3b | -US$9,036,360,000.00 | 0.2x | -1.4x | 1.3x |
| Fri, 03 Dec 2021 | US$10.2b | US$9.3b | -US$9,036,360,000.00 | 0.2x | -1.1x | 1.1x |
| Sun, 31 Oct 2021 | US$12.7b | US$9.2b | -US$9,336,673,000.00 | 9.9x | -1.4x | 1.4x |
| Tue, 28 Sep 2021 | US$12.5b | US$9.0b | -US$9,400,314,000.00 | 10.8x | -1.3x | 1.4x |
| Thu, 26 Aug 2021 | US$10.5b | US$10.4b | -US$9,477,487,000.00 | 0.6x | -1.1x | 1x |
| Fri, 02 Jul 2021 | US$13.0b | US$10.4b | -US$9,477,487,000.00 | 1.1x | -1.4x | 1.2x |
| Mon, 05 Apr 2021 | US$7.5b | US$10.8b | -US$7,470,600,000.00 | 0.8x | -1x | 0.7x |
| Thu, 07 Jan 2021 | US$5.5b | US$11.1b | -US$8,065,822,000.00 | 0.7x | -0.7x | 0.5x |
| Wed, 30 Sep 2020 | US$3.0b | US$13.6b | -US$9,448,803,000.00 | 0.8x | -0.3x | 0.2x |
Price to Earnings Ratio
-0.3x
Current Industry PE
- Investors are optimistic on the American Oil and Gas Drilling industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 108x which is higher than its 3-year average PE of 24.8x.
- The 3-year average PS ratio of 1.4x is lower than the industry's current PS ratio of 2.0x.
Past Earnings Growth
- Total earnings for the Oil and Gas Drilling industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 7.1% per year.
- This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.
Industry Comparison
How does U.S. Oil and Gas Drilling compare with similar industries?
| US Market | -3.07% | |
| Energy | -2.03% | |
| Energy Services | -2.80% | |
| Oil and Gas Drilling | -4.46% | |
| Oil and Gas Services | -2.56% | |
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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| No data available | |||||