Analysis Article • Aug 12
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- 7D8.0%
- 3M-6.3%
- 1Y72.0%
- YTD38.4%
In the last week, the Energy Services industry is up 8.0%, with SLB up 6.4%. In the same time, Energy Services of America was down 18%. In the last 12 months, the industry was up 72%. Earnings are forecast to grow by 23% annually.
Industry Valuation and Performance
Has the U.S. Energy Services Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 17 Aug 2026 | US$325.6b | US$170.6b | US$9.8b | 26.8x | 33.4x | 1.9x |
| Wed, 15 Jul 2026 | US$299.8b | US$170.1b | US$9.0b | 27.5x | 33.4x | 1.8x |
| Fri, 12 Jun 2026 | US$326.8b | US$170.2b | US$9.0b | 28.2x | 36.2x | 1.9x |
| Sun, 10 May 2026 | US$320.2b | US$168.3b | US$8.8b | 34.9x | 36.3x | 1.9x |
| Tue, 07 Apr 2026 | US$304.3b | US$167.9b | US$8.3b | 26.3x | 36.9x | 1.8x |
| Thu, 05 Mar 2026 | US$296.9b | US$167.4b | US$8.2b | 27.1x | 36.4x | 1.8x |
| Sat, 31 Jan 2026 | US$273.4b | US$166.9b | US$7.9b | 22.4x | 34.6x | 1.6x |
| Mon, 29 Dec 2025 | US$219.8b | US$166.4b | US$8.6b | 18x | 25.7x | 1.3x |
| Wed, 26 Nov 2025 | US$216.9b | US$166.4b | US$8.5b | 16.8x | 25.5x | 1.3x |
| Fri, 24 Oct 2025 | US$205.4b | US$165.1b | US$8.9b | 16.3x | 23x | 1.2x |
| Sun, 21 Sep 2025 | US$199.6b | US$166.2b | US$10.0b | 14.7x | 19.9x | 1.2x |
| Tue, 19 Aug 2025 | US$185.6b | US$166.2b | US$10.0b | 13.7x | 18.5x | 1.1x |
| Thu, 17 Jul 2025 | US$180.9b | US$166.6b | US$11.8b | 11x | 15.3x | 1.1x |
| Sat, 14 Jun 2025 | US$190.2b | US$171.1b | US$12.2b | 10.7x | 15.6x | 1.1x |
| Mon, 12 May 2025 | US$175.5b | US$171.3b | US$12.4b | 10.9x | 14.1x | 1x |
| Wed, 09 Apr 2025 | US$166.1b | US$170.7b | US$13.4b | 10x | 12.3x | 1x |
| Fri, 07 Mar 2025 | US$199.7b | US$171.3b | US$13.6b | 12.2x | 14.7x | 1.2x |
| Sun, 02 Feb 2025 | US$221.2b | US$170.6b | US$14.4b | 14.8x | 15.4x | 1.3x |
| Tue, 31 Dec 2024 | US$206.0b | US$168.9b | US$13.5b | 15.8x | 15.2x | 1.2x |
| Thu, 28 Nov 2024 | US$229.8b | US$168.9b | US$13.5b | 16x | 17x | 1.4x |
| Sat, 26 Oct 2024 | US$207.5b | US$167.6b | US$14.3b | 17.7x | 14.5x | 1.2x |
| Mon, 23 Sep 2024 | US$218.5b | US$165.8b | US$14.8b | 18.1x | 14.8x | 1.3x |
| Wed, 21 Aug 2024 | US$228.2b | US$166.7b | US$14.4b | 18x | 15.9x | 1.4x |
| Fri, 19 Jul 2024 | US$250.9b | US$164.5b | US$13.9b | 15.6x | 18.1x | 1.5x |
| Sun, 16 Jun 2024 | US$221.3b | US$164.6b | US$13.9b | 13.4x | 15.9x | 1.3x |
| Tue, 14 May 2024 | US$242.6b | US$164.4b | US$13.9b | 14.8x | 17.5x | 1.5x |
| Thu, 11 Apr 2024 | US$259.2b | US$162.2b | US$13.5b | 16.2x | 19.2x | 1.6x |
| Sat, 09 Mar 2024 | US$229.5b | US$161.0b | US$13.3b | 14.9x | 17.3x | 1.4x |
| Mon, 05 Feb 2024 | US$218.9b | US$163.8b | US$12.8b | 16x | 17.1x | 1.3x |
| Wed, 03 Jan 2024 | US$235.1b | US$161.6b | US$12.1b | 15.9x | 19.4x | 1.5x |
| Fri, 01 Dec 2023 | US$233.7b | US$160.7b | US$12.1b | 17.5x | 19.3x | 1.5x |
| Sun, 29 Oct 2023 | US$248.7b | US$159.5b | US$12.4b | 14.9x | 20x | 1.6x |
| Tue, 26 Sep 2023 | US$264.8b | US$155.2b | US$11.2b | 17x | 23.7x | 1.7x |
| Thu, 24 Aug 2023 | US$251.1b | US$155.2b | US$11.2b | 15.5x | 22.5x | 1.6x |
Price to Earnings Ratio
22.5x
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 33.4x which is higher than its 3-year average PE of 21.7x.
- The 3-year average PS ratio of 1.4x 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 declined 4.4% per year over the last three years.
- Meanwhile revenues for these companies have grown 3.2% per year.
- This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.
Industry Trends
Which industries have driven the changes within the U.S. Energy industry?
| US Market | 0.63% | |
| Energy | 6.92% | |
| Energy Services | 8.01% | |
| Oil and Gas Drilling | 12.03% | |
| Oil and Gas Services | 7.56% | |
Industry PE
- Investors are most optimistic about the Oil and Gas Services industry which is trading above its 3-year average PE ratio of 18.2x.
- Analysts are expecting annual earnings growth of 18.3%, which is higher than its past year's earnings decline of 13.2% per year.
Forecasted Growth
- Analysts are most optimistic on the Oil and Gas Drilling industry, expecting annual earnings growth of 62% over the next 5 years.
- This is better than its past earnings decline of 52% per year.
- In contrast, the Oil and Gas Services industry is expected to see its earnings grow by 18% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| FTI TechnipFMC | US$78.61 | 6.0% +US$1.8b | 124.4% | PE26.2x | |
| SLB SLB | US$53.77 | 1.1% +US$846.0m | 61.5% | PE25.7x | |
| BKR Baker Hughes | US$64.82 | 1.2% +US$744.5m | 51.2% | PE20.8x | |
| HAL Halliburton | US$34.42 | 2.3% +US$649.8m | 61.4% | PE17.9x | |
| KGS Kodiak Gas Services | US$65.35 | 6.3% +US$389.3m | 82.1% | PE84.3x |
