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U.S. Oil and Gas Drilling Industry Analysis

UpdatedJun 12, 2025
DataAggregated Company Financials
Companies10
  • 7D13.3%
  • 3M6.2%
  • 1Y-43.1%
  • YTDn/a

Over the last 7 days, the Oil and Gas Drilling industry has risen 13%, driven by gains from every company within the industry. However, the industry is down 43% over the past year. Looking forward, earnings are forecast to grow by 41% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 12 Jun 2025US$17.7bUS$22.9b-US$423,533,000.0010.2x-41.8x0.8x
Sat, 10 May 2025US$15.2bUS$23.0b-US$303,875,000.007x-49.9x0.7x
Mon, 07 Apr 2025US$13.3bUS$22.4b-US$8,645,000.005.7x-1538.5x0.6x
Wed, 05 Mar 2025US$16.3bUS$22.8bUS$87.3m6.7x187.3x0.7x
Fri, 31 Jan 2025US$22.8bUS$23.0bUS$852.9m7.6x26.7x1x
Sun, 29 Dec 2024US$20.4bUS$22.2bUS$698.6m5.7x29.1x0.9x
Tue, 26 Nov 2024US$24.2bUS$22.2bUS$699.8m6.3x34.6x1.1x
Thu, 24 Oct 2024US$22.8bUS$20.8bUS$1.9b8.4x11.7x1.1x
Sat, 21 Sep 2024US$24.6bUS$20.8bUS$2.0b9.4x12.6x1.2x
Mon, 19 Aug 2024US$27.5bUS$21.8bUS$1.7b9.2x16.3x1.3x
Wed, 17 Jul 2024US$32.5bUS$21.0bUS$1.6b11.8x20.9x1.5x
Fri, 14 Jun 2024US$30.0bUS$21.0bUS$1.6b10.8x19.3x1.4x
Sun, 12 May 2024US$31.1bUS$20.9bUS$1.5b11.7x20.3x1.5x
Tue, 09 Apr 2024US$34.2bUS$20.0bUS$1.2b12.5x28x1.7x
Thu, 07 Mar 2024US$26.0bUS$18.5bUS$915.8m10.9x28.4x1.4x
Sat, 03 Feb 2024US$25.3bUS$17.5b-US$37,130,000.0015.3x-680.4x1.4x
Mon, 01 Jan 2024US$27.6bUS$17.5b-US$34,902,000.0015.8x-792x1.6x
Wed, 29 Nov 2023US$27.7bUS$17.5b-US$34,902,000.0017.2x-794.2x1.6x
Fri, 27 Oct 2023US$28.9bUS$16.7bUS$275.9m15.6x104.8x1.7x
Sun, 24 Sep 2023US$32.5bUS$16.7bUS$299.5m17.4x108.5x2x
Tue, 22 Aug 2023US$29.9bUS$16.7bUS$299.5m10.3x99.7x1.8x
Thu, 20 Jul 2023US$29.4bUS$15.7bUS$73.9m20.8x397.1x1.9x
Sat, 17 Jun 2023US$23.2bUS$15.7bUS$73.9m16.7x313.3x1.5x
Mon, 15 May 2023US$21.9bUS$15.7bUS$73.9m16.5x296.4x1.4x
Wed, 12 Apr 2023US$24.7bUS$14.3b-US$501,182,000.0026.9x-49.2x1.7x
Fri, 10 Mar 2023US$25.4bUS$14.3b-US$508,285,000.0028.1x-49.9x1.8x
Sun, 05 Feb 2023US$27.2bUS$13.2b-US$1,047,521,000.0031.4x-26x2.1x
Tue, 03 Jan 2023US$25.2bUS$12.9b-US$1,194,661,000.0032.3x-21.1x2x
Thu, 01 Dec 2022US$25.1bUS$12.9b-US$1,194,661,000.0031.9x-21x2x
Sat, 29 Oct 2022US$24.0bUS$12.3b-US$1,615,951,000.0076.1x-14.8x1.9x
Mon, 26 Sep 2022US$15.1bUS$11.8b-US$1,869,485,000.0047.9x-8.1x1.3x
Wed, 24 Aug 2022US$19.0bUS$11.8b-US$1,869,485,000.0050.5x-10.2x1.6x
Fri, 22 Jul 2022US$15.9bUS$10.8b-US$7,622,904,000.0020.7x-2.1x1.5x
Sun, 19 Jun 2022US$18.0bUS$10.8b-US$7,622,904,000.0024.5x-2.4x1.7x
Price to Earnings Ratio

-2.4x


Total Market Cap: US$18.0bTotal Earnings: -US$7,622,904,000.00Total Revenue: US$10.8bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Oil and Gas Drilling Industry Price to Earnings3Y Average -64.7x202320242025
Current Industry PE
  • Investors are pessimistic on the American Oil and Gas Drilling industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The 3-year average PS ratio of 1.5x is higher than the industry's current PS ratio of 0.77x.
Past Earnings Growth
  • The earnings for companies in the Oil and Gas Drilling industry have improved over the last three years.
  • Revenues for these companies have grown 29% per year.
  • This means that more sales are being generated by these companies overall, and subsequently losses are decreasing too.

Industry Comparison

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

US Market1.23%
Energy5.08%
Energy Services7.63%
Oil and Gas Drilling13.30%
Oil and Gas Services7.08%
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
RIG TransoceanUS$3.2119.3%
+US$471.2m
-40.7%PS0.8x
VAL ValarisUS$45.6015.5%
+US$435.7m
-39.7%PE10.5x
NE NobleUS$29.079.9%
+US$416.0m
-35.1%PE10x
PTEN Patterson-UTI EnergyUS$6.3514.0%
+US$301.1m
-37.1%PS0.5x
SDRL SeadrillUS$28.4716.2%
+US$247.0m
-42.4%PE4.8x
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