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U.S. Oil and Gas Services Industry Analysis

UpdatedNov 20, 2024
DataAggregated Company Financials
Companies73
  • 7D-2.0%
  • 3M2.9%
  • 1Y-1.6%
  • YTDn/a

Over the last 7 days, the Oil and Gas Services industry has dropped 2.0%, driven by a pullback from Schlumberger of 1.1%. As for the longer term, the industry's performance has been flat for the past year. Looking forward, earnings are forecast to grow by 15% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 20 Nov 2024US$201.9bUS$146.7bUS$12.8b18.5x15.7x1.4x
Fri, 18 Oct 2024US$194.5bUS$144.9bUS$12.8b18.5x15.2x1.3x
Sun, 15 Sep 2024US$181.0bUS$145.0bUS$12.8b17.1x14.1x1.2x
Tue, 13 Aug 2024US$195.3bUS$144.7bUS$12.7b18.1x15.4x1.3x
Thu, 11 Jul 2024US$200.0bUS$143.6bUS$12.4b16.2x16.2x1.4x
Sat, 08 Jun 2024US$195.9bUS$143.6bUS$12.3b14.7x15.9x1.4x
Mon, 06 May 2024US$207.5bUS$144.7bUS$12.3b14.3x16.9x1.4x
Wed, 03 Apr 2024US$223.0bUS$142.2bUS$12.2b17.8x18.2x1.6x
Fri, 01 Mar 2024US$195.7bUS$142.4bUS$12.3b16.1x15.9x1.4x
Sun, 28 Jan 2024US$208.5bUS$146.1bUS$12.3b16.6x16.9x1.4x
Tue, 26 Dec 2023US$211.0bUS$143.2bUS$12.2b16.1x17.4x1.5x
Thu, 23 Nov 2023US$209.8bUS$143.2bUS$12.2b18.1x17.3x1.5x
Sat, 21 Oct 2023US$228.4bUS$140.1bUS$11.2b14.9x20.4x1.6x
Mon, 18 Sep 2023US$234.7bUS$138.6bUS$10.9b17.6x21.6x1.7x
Wed, 16 Aug 2023US$591.8bUS$138.6bUS$10.9b15.9x54.5x4.3x
Fri, 14 Jul 2023US$533.4bUS$132.0bUS$8.4b21.6x63.2x4x
Sun, 11 Jun 2023US$501.0bUS$132.4bUS$8.4b20.5x59.5x3.8x
Tue, 09 May 2023US$176.4bUS$131.5bUS$8.4b17.7x21.1x1.3x
Thu, 06 Apr 2023US$188.7bUS$124.0bUS$5.9b22.8x31.8x1.5x
Sat, 04 Mar 2023US$214.0bUS$123.8bUS$5.8b23.2x37.2x1.7x
Mon, 30 Jan 2023US$212.2bUS$121.0bUS$4.6b22.9x45.9x1.8x
Wed, 28 Dec 2022US$199.3bUS$116.9bUS$4.1b20.5x48.1x1.7x
Fri, 25 Nov 2022US$193.7bUS$116.9bUS$4.2b22.4x46.6x1.7x
Sun, 23 Oct 2022US$182.2bUS$111.5bUS$3.1b26.4x58.8x1.6x
Tue, 20 Sep 2022US$151.8bUS$109.0bUS$2.6b27.9x59x1.4x
Thu, 18 Aug 2022US$146.2bUS$109.0bUS$2.6b29.4x57x1.3x
Sat, 16 Jul 2022US$134.4bUS$103.1bUS$2.0b32.4x65.9x1.3x
Mon, 13 Jun 2022US$192.8bUS$102.9bUS$2.0b34.3x96.9x1.9x
Wed, 11 May 2022US$159.9bUS$102.1bUS$2.0b30.6x80.3x1.6x
Fri, 08 Apr 2022US$180.3bUS$98.6bUS$1.3b22.7x135.1x1.8x
Sun, 06 Mar 2022US$168.6bUS$98.8bUS$1.2b33.6x141.1x1.7x
Tue, 01 Feb 2022US$153.7bUS$103.6bUS$1.2b29.1x131.2x1.5x
Thu, 30 Dec 2021US$125.5bUS$101.7bUS$222.6m33.7x563.9x1.2x
Sat, 27 Nov 2021US$123.1bUS$101.7bUS$224.9m35.6x547.6x1.2x
Price to Earnings Ratio

547.6x


Total Market Cap: US$123.1bTotal Earnings: US$224.9mTotal Revenue: US$101.7bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Oil and Gas Services Industry Price to Earnings3Y Average 80.9x202220232024
Current Industry PE
  • Investors are pessimistic on the American Oil and Gas Equipment and Services industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 15.7x which is lower than its 3-year average PE of 80.9x.
  • The 3-year average PS ratio of 1.7x is higher than the industry's current PS ratio of 1.4x.
Past Earnings Growth
  • The earnings for companies in the Oil and Gas Equipment and Services industry have grown 285% per year over the last three years.
  • Revenues for these companies have grown 13% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Comparison

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

US Market-1.19%
Energy1.22%
Energy Services-2.20%
Oil and Gas Services-1.95%
Oil and Gas Drilling-4.28%
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
HAL HalliburtonUS$30.470.9%
+US$246.0m
-19.6%PE10.5x
KGS Kodiak Gas ServicesUS$38.477.3%
+US$229.7m
110.1%PE149.2x
FTI TechnipFMCUS$28.771.9%
+US$225.5m
37.5%PE19.2x
AROC ArchrockUS$24.543.7%
+US$154.2m
70.7%PE30x
SEI Solaris Energy InfrastructureUS$20.2313.5%
+US$73.4m
131.7%PE47.6x
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Latest News

CHX

US$30.53

ChampionX

7D

-1.6%

1Y

3.8%

NOV

US$15.99

NOV

7D

-1.5%

1Y

-15.6%

KGS

US$38.47

Kodiak Gas Services

7D

7.3%

1Y

110.1%

FTI

US$28.77

TechnipFMC

7D

1.9%

1Y

37.5%

BKR

US$42.87

Baker Hughes

7D

-0.5%

1Y

27.7%

WHD

US$65.22

Cactus

7D

-2.2%

1Y

55.6%

INVX

US$16.57

Innovex International

7D

4.1%

1Y

n/a