Returns Are Gaining Momentum At Halliburton (NYSE:HAL)
May 30
U.S. Oil and Gas Services Industry Analysis
UpdatedMay 30, 2023
DataAggregated Company Financials
Companies92
- 7D-0.9%
- 3M-15.9%
- 1Y-14.2%
- YTD9.9%
Over the last 7 days, the Oil and Gas Services industry has remained flat, although notably Superior Drilling Products gained 3.7%. As for the longer term, the industry has declined 14% in the last year. Looking forward, earnings are forecast to grow by 18% annually.
Industry Valuation and Performance
Has the U.S. Oil and Gas Services Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 30 May 2023 | US$489.0b | US$132.4b | US$8.4b | 17.2x | 58x | 3.7x |
| Thu, 27 Apr 2023 | US$180.6b | US$127.6b | US$7.3b | 20.9x | 24.6x | 1.4x |
| Sat, 25 Mar 2023 | US$169.9b | US$124.9b | US$6.1b | 17.8x | 28x | 1.4x |
| Mon, 20 Feb 2023 | US$201.5b | US$122.5b | US$5.2b | 20.9x | 38.8x | 1.6x |
| Wed, 18 Jan 2023 | US$216.9b | US$116.9b | US$4.1b | 22.2x | 52.3x | 1.9x |
| Fri, 16 Dec 2022 | US$188.9b | US$116.9b | US$4.2b | 20x | 45.5x | 1.6x |
| Sun, 13 Nov 2022 | US$205.1b | US$116.8b | US$4.2b | 19.8x | 48.7x | 1.8x |
| Tue, 11 Oct 2022 | US$156.2b | US$109.0b | US$2.6b | 27.4x | 60.7x | 1.4x |
| Thu, 08 Sep 2022 | US$151.1b | US$109.0b | US$2.6b | 29.9x | 58.7x | 1.4x |
| Sat, 06 Aug 2022 | US$142.6b | US$108.5b | US$2.5b | 34x | 58.2x | 1.3x |
| Mon, 04 Jul 2022 | US$151.8b | US$103.1b | US$2.0b | 35.8x | 74.4x | 1.5x |
| Wed, 01 Jun 2022 | US$191.8b | US$102.9b | US$2.0b | 34.5x | 98.3x | 1.9x |
| Fri, 29 Apr 2022 | US$170.7b | US$100.8b | US$1.8b | 21.4x | 95.5x | 1.7x |
| Sun, 27 Mar 2022 | US$188.9b | US$98.6b | US$1.3b | 28.3x | 150.3x | 1.9x |
| Tue, 22 Feb 2022 | US$159.9b | US$104.5b | US$1.6b | 30x | 100.9x | 1.5x |
| Thu, 20 Jan 2022 | US$148.3b | US$101.7b | US$222.5m | 39.7x | 666.8x | 1.5x |
| Sat, 18 Dec 2021 | US$122.3b | US$101.7b | US$222.6m | 33.5x | 549.5x | 1.2x |
| Mon, 15 Nov 2021 | US$139.6b | US$102.1b | US$165.4m | 33.6x | 844.4x | 1.4x |
| Wed, 13 Oct 2021 | US$153.7b | US$98.9b | -US$1,487,672,401.00 | 40.7x | -103.3x | 1.6x |
| Fri, 10 Sep 2021 | US$110.9b | US$98.9b | -US$1,303,425,113.86 | 22.1x | -85.1x | 1.1x |
| Sun, 08 Aug 2021 | US$112.1b | US$99.2b | -US$1,210,617,611.33 | 22.1x | -92.6x | 1.1x |
| Sat, 01 May 2021 | US$107.8b | US$96.2b | -US$7,987,036,578.82 | 8.8x | -13.5x | 1.1x |
| Tue, 02 Feb 2021 | US$94.8b | US$103.2b | -US$35,801,493,173.67 | 8.6x | -2.6x | 0.9x |
| Fri, 06 Nov 2020 | US$61.2b | US$108.8b | -US$37,069,051,335.03 | 9x | -1.7x | 0.6x |
| Mon, 10 Aug 2020 | US$72.1b | US$119.5b | -US$49,129,985,986.02 | 8.8x | -1.5x | 0.6x |
Price to Earnings Ratio
-1.5x
Current Industry PE
- Investors are relatively neutral on the American Oil and Gas Equipment and Services industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PE ratio of 60.5x.
- The 3-year average PS ratio of 1.3x is lower than the industry's current PS ratio of 3.7x.
Past Earnings Growth
- Total earnings for the Oil and Gas Equipment and Services industry have gone up over the last three years, and the industry is now profitable.
- Revenues have remained mostly flat. This means that the industry has become more efficient since profits are increasing while sales have been flat.
Industry Comparison
How does U.S. Oil and Gas Services compare with similar industries?
| US Market | 0.061% | |
| Energy | -0.94% | |
| Energy Services | -0.86% | |
| Oil and Gas Services | -0.86% | |
| Oil and Gas Drilling | -0.98% | |
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 | |
|---|---|---|---|---|---|
| SDPI Superior Drilling Products | US$1.15 | 3.7% +US$1.2m | 10.0% | PE13.8x | |
| GIFI Gulf Island Fabrication | US$3.21 | 0.3% +US$161.5k | -5.6% | PE22.4x | |
| MIND MIND Technology | US$0.63 | 1.5% +US$129.6k | -32.6% | PS0.2x | |
| RCON Recon Technology | US$0.40 | 0.4% +US$78.4k | -49.8% | PS1.7x |