Investing IdeasBrowse All StocksMarkets
Have your own idea? Try our Stock Screener
Header cover image

U.S. Energy Services Industry Analysis

UpdatedMay 29, 2026
DataAggregated Company Financials
Companies93
  • 7D-5.0%
  • 3M4.9%
  • 1Y79.4%
  • YTD38.2%

Over the last 7 days, the Energy Services industry has dropped 5.0%, driven by SLB declining 3.7%. This takes the industry's 12 month performance to a gain of 79%. Looking forward, earnings are forecast to grow by 21% annually.

Industry Valuation and Performance

Has the U.S. Energy Services Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 29 May 2026US$329.7bUS$170.2bUS$9.0b24.8x36.5x1.9x
Sun, 26 Apr 2026US$334.9bUS$168.1bUS$9.0b31x37.3x2x
Tue, 24 Mar 2026US$292.6bUS$167.1bUS$8.2b28.2x35.5x1.8x
Thu, 19 Feb 2026US$289.9bUS$167.2bUS$7.6b25.2x38.2x1.7x
Sat, 17 Jan 2026US$256.9bUS$166.4bUS$8.5b21.2x30x1.5x
Mon, 15 Dec 2025US$228.1bUS$166.4bUS$8.6b18.4x26.7x1.4x
Wed, 12 Nov 2025US$220.6bUS$165.6bUS$8.8b17.2x25.1x1.3x
Fri, 10 Oct 2025US$203.9bUS$166.1bUS$10.0b14.5x20.3x1.2x
Sun, 07 Sep 2025US$201.6bUS$166.2bUS$10.0b14.7x20.1x1.2x
Tue, 05 Aug 2025US$184.0bUS$164.6bUS$11.3b11.7x16.2x1.1x
Thu, 03 Jul 2025US$186.5bUS$170.2bUS$12.1b11.7x15.4x1.1x
Sat, 31 May 2025US$177.4bUS$171.3bUS$12.2b10.9x14.5x1x
Mon, 28 Apr 2025US$173.3bUS$169.9bUS$12.6b10.9x13.8x1x
Wed, 26 Mar 2025US$211.4bUS$170.8bUS$13.4b13.2x15.7x1.2x
Fri, 21 Feb 2025US$226.0bUS$171.1bUS$13.8b14.8x16.4x1.3x
Sun, 19 Jan 2025US$237.7bUS$170.6bUS$13.7b15.7x17.4x1.4x
Tue, 17 Dec 2024US$216.9bUS$168.9bUS$13.5b15.6x16x1.3x
Thu, 14 Nov 2024US$229.1bUS$168.8bUS$13.5b17.3x16.9x1.4x
Sat, 12 Oct 2024US$223.0bUS$165.8bUS$14.8b18.7x15.1x1.3x
Mon, 09 Sep 2024US$206.2bUS$165.7bUS$14.7b17.2x14x1.2x
Wed, 07 Aug 2024US$221.1bUS$166.6bUS$14.8b17.6x15x1.3x
Fri, 05 Jul 2024US$238.3bUS$164.6bUS$13.9b13.8x17.1x1.4x
Sun, 02 Jun 2024US$240.8bUS$164.6bUS$13.9b14.7x17.3x1.5x
Tue, 30 Apr 2024US$245.7bUS$164.3bUS$13.3b14x18.4x1.5x
Thu, 28 Mar 2024US$249.1bUS$160.7bUS$13.1b17x19x1.5x
Sat, 24 Feb 2024US$223.4bUS$160.7bUS$12.6b16x17.7x1.4x
Mon, 22 Jan 2024US$222.1bUS$163.0bUS$12.1b16x18.3x1.4x
Wed, 20 Dec 2023US$238.8bUS$160.7bUS$12.1b16.2x19.7x1.5x
Fri, 17 Nov 2023US$234.1bUS$160.7bUS$12.1b17.9x19.3x1.5x
Sun, 15 Oct 2023US$261.8bUS$156.1bUS$11.3b15.5x23.3x1.7x
Tue, 12 Sep 2023US$265.3bUS$155.2bUS$11.2b16.8x23.8x1.7x
Thu, 10 Aug 2023US$599.7bUS$154.1bUS$11.1b19.3x53.8x3.9x
Sat, 08 Jul 2023US$547.6bUS$147.7bUS$8.5b20.2x64.4x3.7x
Mon, 05 Jun 2023US$521.8bUS$148.1bUS$8.5b18x61.4x3.5x
Price to Earnings Ratio

61.4x


Total Market Cap: US$521.8bTotal Earnings: US$8.5bTotal Revenue: US$148.1bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Energy Services Industry Price to Earnings3Y Average 23.6x202420252026
Current Industry PE
  • Investors are optimistic on the American Energy Services industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 36.5x which is higher than its 3-year average PE of 23.6x.
  • The 3-year average PS ratio of 1.6x is lower than the industry's current PS ratio of 1.9x.
Past Earnings Growth
  • The earnings for companies in the Energy Services industry have grown 2.0% per year over the last three years.
  • Revenues for these companies have grown 4.8% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

Which industries have driven the changes within the U.S. Energy industry?

US Market1.83%
Energy-4.10%
Energy Services-4.97%
Oil and Gas Services-4.56%
Oil and Gas Drilling-8.27%
Industry PE
  • Investors are most optimistic about the Oil and Gas Services industry which is trading above its 3-year average PE ratio of 20.5x.
    • Analysts are expecting annual earnings growth of 16.5%, which is higher than its past year's earnings decline of 26.2% per year.
Forecasted Growth
  • Analysts are most optimistic on the Oil and Gas Drilling industry, expecting annual earnings growth of 60% over the next 5 years.
  • However this is lower than its past earnings growth rate of 94% per year.
  • In contrast, the Oil and Gas Services industry is expected to see its earnings grow by 17% per year over the next few years.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
TTI TETRA TechnologiesUS$10.421.1%
+US$14.9m		280.3%PE166.3x
SMHI SEACOR Marine HoldingsUS$7.735.5%
+US$10.8m		41.8%PS1x
BOOM DMC GlobalUS$7.255.8%
+US$8.2m		6.8%PS0.3x
GEOS Geospace TechnologiesUS$8.696.4%
+US$6.7m		54.1%PS1.1x
NINE Nine Energy ServiceUS$10.511.1%
+US$1.5m		n/aPE2.4x

Latest News

SLB
US$55.12
SLB
7D
-3.7%
1Y
63.7%
RIG
US$6.22
Transocean
7D
-8.8%
1Y
139.2%
BKR
US$64.71
Baker Hughes
7D
-1.7%
1Y
73.2%
LBRT
US$29.06
Liberty Energy
7D
-11.6%
1Y
141.4%
HAL
US$39.33
Halliburton
7D
-6.3%
1Y
95.9%
BOOM
US$7.25
DMC Global
7D
5.8%
1Y
6.8%
Narrative Update • May 24

BOOM: Balance Sheet Strength And International Expansion Will Drive Future Upside

Narrative Update on DMC Global Analysts have trimmed their blended price target on DMC Global to a range of about $7 to $10. They cite weaker Q4 results, softer near term expectations, and reduced longer term EBITDA forecasts, while also noting an improving balance sheet and ongoing product and international expansion opportunities.
NE
US$47.20
Noble
7D
-9.8%
1Y
85.4%
VAL
US$92.64
Valaris
7D
-8.7%
1Y
136.4%
NINE
US$10.51
Nine Energy Service
7D
1.1%
1Y
n/a
FTI
US$67.70
TechnipFMC
7D
-5.2%
1Y
117.2%
TTI
US$10.42
TETRA Technologies
7D
1.1%
1Y
280.3%
Narrative Update • May 15

TTI: Future Upside Will Be Driven By 2026 Earnings And Desalination

Analysts have slightly lowered their price target on TETRA Technologies from $12.75 to $12.50. This adjustment reflects updated assumptions around the discount rate, revenue growth, profit margin and future P/E that modestly change the assessed risk and return balance for the stock.
SMHI
US$7.73
SEACOR Marine Holdings
7D
5.5%
1Y
41.8%
Seeking Alpha • May 04

Seacor Marine Holdings: Unlocking Value Through Strategic Asset Sales - Buy

Summary SEACOR Marine reported another set of mediocre quarterly results, with revenues coming in below consensus expectations and substantial cash burn from operations. SMHI management attributed the weak operating performance to recent asset sales, the recent escalation of the Middle East conflict, and elevated contract preparation activities. While operating results continue to disappoint, a new focus on unlocking value through strategic asset sales could act as a strong catalyst for the shares. With five vessels expected to be sold in the current quarter, the company is likely to report a substantial GAAP profit. In addition, cash and cash equivalents should increase materially. As more value from SEACOR's assets is getting unlocked, I would expect the massive NAV discount to narrow over time. With the investment thesis intact, I am reiterating my 'Buy' rating on SMHI's common shares. Read the full article on Seeking Alpha
GEOS
US$8.69
Geospace Technologies
7D
6.4%
1Y
54.1%
OMSE
US$4.72
OMS Energy Technologies
7D
0.4%
1Y
-47.3%
VNTG
US$0.71
Vantage
7D
1.8%
1Y
n/a