U.S. Oil and Gas Industry Analysis
UpdatedDec 01, 2023
DataAggregated Company Financials
Companies457
- 7D0.01%
- 3M-5.2%
- 1Y-5.8%
- YTD1.8%
Over the last 7 days, the Oil and Gas industry has remained flat, although notably Phillips 66 gained 9.2%. Unfortunately though, the industry is down 5.8% over the past 12 months. As for the next few years, earnings are forecast to decline by 3.7% per annum.
Industry Valuation and Performance
Has the U.S. Oil and Gas Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 02 Dec 2023 | US$2.0t | US$1.9t | US$230.4b | 7.7x | 8.7x | 1.1x |
| Mon, 30 Oct 2023 | US$2.0t | US$1.9t | US$240.0b | 6.6x | 8.4x | 1.1x |
| Wed, 27 Sep 2023 | US$2.1t | US$2.0t | US$261.4b | 6.5x | 8.2x | 1.1x |
| Fri, 25 Aug 2023 | US$2.0t | US$2.0t | US$261.2b | 6.5x | 7.8x | 1x |
| Sun, 23 Jul 2023 | US$2.0t | US$2.2t | US$307.2b | 5.9x | 6.5x | 0.9x |
| Tue, 20 Jun 2023 | US$1.9t | US$2.2t | US$307.3b | 5.4x | 6.3x | 0.9x |
| Thu, 18 May 2023 | US$1.9t | US$2.2t | US$307.5b | 5.1x | 6.2x | 0.9x |
| Sat, 15 Apr 2023 | US$2.1t | US$2.2t | US$273.8b | 6.2x | 7.5x | 0.9x |
| Mon, 13 Mar 2023 | US$1.9t | US$2.2t | US$274.9b | 5.9x | 7.1x | 0.9x |
| Wed, 08 Feb 2023 | US$2.1t | US$2.2t | US$267.2b | 6.7x | 7.7x | 0.9x |
| Fri, 06 Jan 2023 | US$2.0t | US$2.2t | US$254.2b | 6.8x | 8x | 0.9x |
| Sun, 04 Dec 2022 | US$2.2t | US$2.2t | US$254.1b | 7.4x | 8.5x | 1x |
| Tue, 01 Nov 2022 | US$2.2t | US$2.0t | US$220.7b | 9.1x | 9.9x | 1.1x |
| Thu, 29 Sep 2022 | US$1.8t | US$1.9t | US$190.1b | 8.7x | 9.6x | 0.9x |
| Sat, 27 Aug 2022 | US$2.1t | US$1.9t | US$189.9b | 10.2x | 10.8x | 1.1x |
| Mon, 25 Jul 2022 | US$1.8t | US$1.7t | US$117.5b | 12x | 15x | 1.1x |
| Wed, 22 Jun 2022 | US$1.9t | US$1.7t | US$116.0b | 12.3x | 16x | 1.1x |
| Fri, 20 May 2022 | US$1.9t | US$1.7t | US$115.2b | 13.4x | 16.9x | 1.2x |
| Sun, 17 Apr 2022 | US$1.9t | US$1.5t | US$97.5b | 15.2x | 20x | 1.3x |
| Tue, 15 Mar 2022 | US$1.8t | US$1.5t | US$96.4b | 14.8x | 18.4x | 1.2x |
| Thu, 10 Feb 2022 | US$1.7t | US$1.4t | US$75.4b | 17.5x | 21.9x | 1.2x |
| Sat, 08 Jan 2022 | US$1.5t | US$1.2t | US$30.9b | 17x | 49.1x | 1.2x |
| Mon, 06 Dec 2021 | US$1.4t | US$1.3t | US$32.1b | 15.3x | 42.2x | 1.1x |
| Wed, 03 Nov 2021 | US$1.5t | US$1.2t | US$13.2b | 20.7x | 110.4x | 1.2x |
| Fri, 01 Oct 2021 | US$1.3t | US$1.1t | -US$4,698,295,115.00 | 19.4x | -280.1x | 1.2x |
| Sun, 29 Aug 2021 | US$1.2t | US$1.1t | -US$5,398,683,915.82 | 14.8x | -224.6x | 1.1x |
| Mon, 05 Jul 2021 | US$1.3t | US$1.1t | -US$5,425,245,648.82 | 15.3x | -244.8x | 1.2x |
| Thu, 08 Apr 2021 | US$1.2t | US$908.9b | -US$46,678,347,385.71 | 13.7x | -25.2x | 1.3x |
| Sun, 10 Jan 2021 | US$876.4b | US$875.3b | -US$110,077,824,233.60 | 9.2x | -8x | 1x |
Price to Earnings Ratio
-10x
Current Industry PE
- Investors are pessimistic on the American Oil and Gas 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 8.7x which is higher than its 3-year average PE of -21.2x.
- The industry is trading close to its 3-year average PS ratio of 1.1x.
Past Earnings Growth
- Total earnings for the Oil and Gas industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 25% per year.
- This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.
Industry Trends
Which industries have driven the changes within the U.S. Energy industry?
| US Market | 0.50% | |
| Energy | -0.054% | |
| Oil and Gas | 0.012% | |
| Oil and Gas Refining and Marketing | 2.25% | |
| Oil and Gas Storage and Transportation | 1.50% | |
| Coal and Fuels | 0.071% | |
| Oil and Gas Exploration and Production | -0.54% | |
| Integrated Oil and Gas | -1.00% | |
Industry PE
- Investors are most optimistic about the Integrated Oil and Gas industry even though it's trading below its 3-year average PE ratio of 11.9x.
- Analysts are expecting annual earnings decline of 4.8%, which is less than its past year's earnings decline of 23.1%.
- Investors are most pessimistic about the Oil and Gas Refining and Marketing industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average.
Forecasted Growth
- Analysts are most optimistic on the Oil and Gas Storage and Transportation industry, expecting annual earnings growth of 2.3% over the next 5 years.
- In contrast, the Coal and Fuels industry is expected to see its earnings decline by 34% 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 | |
|---|---|---|---|---|---|
| PSX Phillips 66 | US$129.70 | 9.3% +US$4.9b | 21.6% | PE7.5x | |
| OKE ONEOK | US$69.87 | 3.8% +US$1.5b | 4.0% | PE16.6x | |
| WMB Williams Companies | US$37.28 | 2.6% +US$1.2b | 6.6% | PE16.2x | |
| KMI Kinder Morgan | US$17.75 | 2.3% +US$889.1m | -6.6% | PE16.1x | |
| TPL Texas Pacific Land | US$1.75k | 5.8% +US$738.9m | -32.9% | PE34.2x |
