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U.S. Oil and Gas Exploration and Production Industry Analysis

UpdatedNov 20, 2024
DataAggregated Company Financials
Companies226
  • 7D1.4%
  • 3M6.8%
  • 1Y6.5%
  • YTDn/a

The Oil and Gas Exploration and Production industry has gained 1.4% in the last week and ConocoPhillips up 1.1%. This takes the industry's 12 month performance to a gain of 6.5%. As for the next few years, earnings are expected to grow by 13% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 20 Nov 2024US$601.7bUS$214.6bUS$44.1b10.5x13.7x2.8x
Fri, 18 Oct 2024US$551.2bUS$215.9bUS$45.9b10.7x12x2.6x
Sun, 15 Sep 2024US$505.9bUS$221.0bUS$43.1b9.8x11.7x2.3x
Tue, 13 Aug 2024US$534.5bUS$220.9bUS$43.2b10.5x12.4x2.4x
Thu, 11 Jul 2024US$552.2bUS$214.9bUS$43.8b11x12.6x2.6x
Sat, 08 Jun 2024US$549.1bUS$214.8bUS$43.7b10.9x12.6x2.6x
Mon, 06 May 2024US$575.2bUS$214.2bUS$45.7b10.2x12.6x2.7x
Wed, 03 Apr 2024US$649.1bUS$236.0bUS$60.0b9.9x10.8x2.8x
Fri, 01 Mar 2024US$578.9bUS$239.3bUS$60.9b8.1x9.5x2.4x
Sun, 28 Jan 2024US$602.6bUS$260.4bUS$75.7b7.3x8x2.3x
Tue, 26 Dec 2023US$623.7bUS$260.7bUS$76.4b7.4x8.2x2.4x
Thu, 23 Nov 2023US$630.9bUS$260.8bUS$76.7b7.5x8.2x2.4x
Sat, 21 Oct 2023US$670.9bUS$286.0bUS$89.7b5.6x7.5x2.3x
Mon, 18 Sep 2023US$661.0bUS$285.5bUS$89.5b5.8x7.4x2.3x
Wed, 16 Aug 2023US$640.3bUS$285.7bUS$89.6b5.8x7.1x2.2x
Fri, 14 Jul 2023US$608.1bUS$327.2bUS$106.8b5x5.7x1.9x
Sun, 11 Jun 2023US$578.2bUS$327.2bUS$106.8b4.8x5.4x1.8x
Tue, 09 May 2023US$567.5bUS$327.9bUS$105.8b4.7x5.4x1.7x
Thu, 06 Apr 2023US$603.0bUS$336.9bUS$93.3b5.4x6.5x1.8x
Sat, 04 Mar 2023US$619.1bUS$335.7bUS$93.6b5.9x6.6x1.8x
Mon, 30 Jan 2023US$671.8bUS$327.9bUS$90.5b6x7.4x2x
Wed, 28 Dec 2022US$656.1bUS$326.6bUS$89.4b5.9x7.3x2x
Fri, 25 Nov 2022US$703.5bUS$326.6bUS$89.4b6.4x7.9x2.2x
Sun, 23 Oct 2022US$688.4bUS$288.3bUS$63.2b9.2x10.9x2.4x
Tue, 20 Sep 2022US$637.7bUS$288.3bUS$63.2b8.9x10.1x2.2x
Thu, 18 Aug 2022US$607.8bUS$288.2bUS$63.2b9.7x9.6x2.1x
Sat, 16 Jul 2022US$501.4bUS$228.6bUS$37.2b11.6x13.5x2.2x
Mon, 13 Jun 2022US$696.7bUS$228.8bUS$37.2b14.7x18.7x3x
Wed, 11 May 2022US$574.7bUS$227.9bUS$36.9b14x15.6x2.5x
Fri, 08 Apr 2022US$591.0bUS$196.4bUS$33.3b15.4x17.8x3x
Sun, 06 Mar 2022US$570.5bUS$195.6bUS$30.4b16.9x18.7x2.9x
Tue, 01 Feb 2022US$495.2bUS$155.0bUS$12.2b21.6x40.4x3.2x
Thu, 30 Dec 2021US$428.6bUS$153.3bUS$11.1b19.5x38.7x2.8x
Sat, 27 Nov 2021US$421.5bUS$152.0bUS$11.7b20x36x2.8x
Price to Earnings Ratio

36x


Total Market Cap: US$421.5bTotal Earnings: US$11.7bTotal Revenue: US$152.0bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Oil and Gas Exploration and Production Industry Price to Earnings3Y Average 12.5x202220232024
Current Industry PE
  • Investors are relatively neutral on the American Oil and Gas Exploration and Production 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 12.5x.
  • The 3-year average PS ratio of 2.4x is lower than the industry's current PS ratio of 2.8x.
Past Earnings Growth
  • The earnings for companies in the Oil and Gas Exploration and Production industry have grown 56% per year over the last three years.
  • Revenues for these companies have grown 12% 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 Exploration and Production compare with similar industries?

US Market-1.19%
Energy1.22%
Oil and Gas1.58%
Oil and Gas Exploration and Production1.38%
Oil and Gas Storage and Transportation3.91%
Oil and Gas Refining and Marketing2.49%
Coal and Fuels1.05%
Integrated Oil and Gas0.039%
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
COP ConocoPhillipsUS$113.091.1%
+US$1.5b		-1.5%PE13.1x
TPL Texas Pacific LandUS$1.42k3.9%
+US$1.2b		159.5%PE72.7x
HES HessUS$146.232.4%
+US$1.1b		1.3%PE17x
OVV OvintivUS$44.605.7%
+US$622.2m		-0.1%PE5.7x
CTRA Coterra EnergyUS$26.292.7%
+US$500.9m		-1.4%PE15.7x
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Latest News

OVV

US$44.60

Ovintiv

7D

5.7%

1Y

-0.1%

CHRD

US$127.97

Chord Energy

7D

-0.8%

1Y

-20.5%

BATL

US$2.85

Battalion Oil

7D

-57.5%

1Y

-50.1%

CTRA

US$26.29

Coterra Energy

7D

2.7%

1Y

-1.4%

Analysts Just Made A Meaningful Upgrade To Their Coterra Energy Inc. (NYSE:CTRA) Forecasts

Nov 19
Analysts Just Made A Meaningful Upgrade To Their Coterra Energy Inc. (NYSE:CTRA) Forecasts

COP

US$113.09

ConocoPhillips

7D

1.1%

1Y

-1.5%

ConocoPhillips' (NYSE:COP) Price Is Right But Growth Is Lacking

Nov 19
ConocoPhillips' (NYSE:COP) Price Is Right But Growth Is Lacking

TPL

US$1,420.13

Texas Pacific Land

7D

3.9%

1Y

159.5%

Texas Pacific Land's (NYSE:TPL) Solid Profits Have Weak Fundamentals

Nov 14
Texas Pacific Land's (NYSE:TPL) Solid Profits Have Weak Fundamentals

TALO

US$11.03

Talos Energy

7D

-6.4%

1Y

-21.0%

TXO

US$18.02

TXO Partners

7D

-5.8%

1Y

-2.6%

EOG

US$135.18

EOG Resources

7D

0.6%

1Y

9.8%

EOG Resources: Shareholder Value Creation Remains Top Priority For Management

Nov 12

HES

US$146.23

Hess

7D

2.4%

1Y

1.3%

EQT

US$44.08

EQT

7D

1.8%

1Y

9.3%

DVN

US$37.91

Devon Energy

7D

-3.1%

1Y

-16.1%

FANG

US$180.12

Diamondback Energy

7D

-1.2%

1Y

16.8%

AR

US$31.92

Antero Resources

7D

2.3%

1Y

27.3%

EXE

US$95.71

Expand Energy

7D

-0.4%

1Y

17.0%

PXD

US$269.62

Pioneer Natural Resources

7D

-2.0%

1Y

30.8%