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

UpdatedAug 10, 2025
DataAggregated Company Financials
Companies216
  • 7D-1.6%
  • 3M-2.5%
  • 1Y-9.2%
  • YTDn/a

Over the last 7 days, the Oil and Gas Exploration and Production industry has dropped 1.6%, driven by a pullback from Venture Global of 17%. Meanwhile, APA actually outperformed within the industry, gaining 8.4% in the last week. Overall the industry is down 9.2% in 12 months. Earnings are forecast to grow by 12% annually.

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
Sun, 10 Aug 2025US$498.6bUS$223.6bUS$34.2b11.4x14.6x2.2x
Tue, 08 Jul 2025US$574.1bUS$230.5bUS$35.2b10.7x16.3x2.5x
Thu, 05 Jun 2025US$557.0bUS$230.6bUS$35.2b10.4x15.8x2.4x
Sat, 03 May 2025US$523.1bUS$221.4bUS$34.6b10.6x15.1x2.4x
Mon, 31 Mar 2025US$596.8bUS$217.0bUS$35.5b12.8x16.8x2.7x
Wed, 26 Feb 2025US$606.9bUS$216.4bUS$40.0b12.2x15.2x2.8x
Fri, 24 Jan 2025US$599.4bUS$208.0bUS$42.7b10.6x14x2.9x
Sun, 22 Dec 2024US$525.5bUS$208.0bUS$42.6b9.5x12.3x2.5x
Tue, 19 Nov 2024US$590.7bUS$214.6bUS$44.1b10.6x13.4x2.8x
Thu, 17 Oct 2024US$549.3bUS$215.9bUS$45.9b10.7x12x2.5x
Sat, 14 Sep 2024US$502.6bUS$221.0bUS$43.1b9.8x11.7x2.3x
Mon, 12 Aug 2024US$534.5bUS$220.9bUS$43.2b10.3x12.4x2.4x
Wed, 10 Jul 2024US$555.7bUS$214.9bUS$43.8b10.9x12.7x2.6x
Fri, 07 Jun 2024US$547.6bUS$214.8bUS$43.7b10.9x12.5x2.5x
Sun, 05 May 2024US$575.2bUS$214.2bUS$45.7b10.2x12.6x2.7x
Tue, 02 Apr 2024US$643.1bUS$238.4bUS$60.4b9.6x10.6x2.7x
Thu, 29 Feb 2024US$578.2bUS$240.0bUS$60.8b8.1x9.5x2.4x
Sat, 27 Jan 2024US$601.5bUS$260.4bUS$75.7b7.3x7.9x2.3x
Mon, 25 Dec 2023US$623.7bUS$260.7bUS$76.4b7.4x8.2x2.4x
Wed, 22 Nov 2023US$629.4bUS$260.8bUS$76.7b7.7x8.2x2.4x
Fri, 20 Oct 2023US$682.2bUS$286.0bUS$89.7b5.7x7.6x2.4x
Sun, 17 Sep 2023US$661.0bUS$285.5bUS$89.5b5.8x7.4x2.3x
Tue, 15 Aug 2023US$650.0bUS$285.7bUS$89.6b6.5x7.3x2.3x
Thu, 13 Jul 2023US$605.8bUS$327.2bUS$106.8b4.9x5.7x1.9x
Sat, 10 Jun 2023US$578.2bUS$327.2bUS$106.8b4.8x5.4x1.8x
Mon, 08 May 2023US$566.7bUS$328.1bUS$105.8b4.8x5.4x1.7x
Wed, 05 Apr 2023US$599.3bUS$336.9bUS$93.3b5.4x6.4x1.8x
Fri, 03 Mar 2023US$611.3bUS$334.9bUS$93.6b5.6x6.5x1.8x
Sun, 29 Jan 2023US$671.9bUS$327.6bUS$90.3b5.9x7.4x2.1x
Tue, 27 Dec 2022US$650.5bUS$326.6bUS$89.4b5.7x7.3x2x
Thu, 24 Nov 2022US$703.7bUS$326.6bUS$89.4b6.4x7.9x2.2x
Sat, 22 Oct 2022US$688.1bUS$288.3bUS$63.2b9.2x10.9x2.4x
Mon, 19 Sep 2022US$640.0bUS$288.3bUS$63.2b8.8x10.1x2.2x
Wed, 17 Aug 2022US$600.3bUS$288.2bUS$63.1b9.8x9.5x2.1x
Price to Earnings Ratio

9.5x


Total Market Cap: US$600.3bTotal Earnings: US$63.1bTotal Revenue: US$288.2bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Oil and Gas Exploration and Production Industry Price to Earnings3Y Average 10.4x202320242025
Current Industry PE
  • Investors are optimistic on the American Oil and Gas Exploration and Production industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 14.6x which is higher than its 3-year average PE of 10.4x.
  • The industry is trading close to its 3-year average PS ratio of 2.3x.
Past Earnings Growth
  • The earnings for companies in the Oil and Gas Exploration and Production industry have declined 18% per year over the last three years,
  • Revenues have also declined 8.1% per year.
  • This means overall sales from these companies are declining and profits are subsequently falling as well.

Industry Comparison

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

US Market2.39%
Energy-1.09%
Oil and Gas-1.20%
Oil and Gas Exploration and Production-1.64%
Coal and Fuels5.83%
Integrated Oil and Gas-0.47%
Oil and Gas Refining and Marketing-0.92%
Oil and Gas Storage and Transportation-2.21%
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
APA APAUS$20.018.4%
+US$522.4m		-29.3%PE6.6x
DVN Devon EnergyUS$33.283.5%
+US$489.1m		-25.9%PE7.4x
CTRA Coterra EnergyUS$24.021.4%
+US$241.3m		-0.3%PE11.6x
COP ConocoPhillipsUS$93.911.2%
+US$187.0m		-13.5%PE12.8x
VNOM Viper EnergyUS$37.813.3%
+US$159.2m		-16.8%PE13.4x

Latest News

CHRD
US$101.06
Chord Energy
7D
-4.5%
1Y
-33.1%
COP
US$93.91
ConocoPhillips
7D
1.2%
1Y
-13.5%
TPL
US$862.10
Texas Pacific Land
7D
-7.8%
1Y
4.8%
CIVI
US$30.27
Civitas Resources
7D
5.4%
1Y
-49.9%
DVN
US$33.28
Devon Energy
7D
3.5%
1Y
-25.9%
FANG
US$142.03
Diamondback Energy
7D
-2.8%
1Y
-28.9%
APA
US$20.01
APA
7D
8.4%
1Y
-29.3%
VG
US$12.35
Venture Global
7D
-17.2%
1Y
n/a
PBT
US$16.27
Permian Basin Royalty Trust
7D
22.5%
1Y
48.2%
VNOM
US$37.81
Viper Energy
7D
3.3%
1Y
-16.8%
CTRA
US$24.02
Coterra Energy
7D
1.4%
1Y
-0.3%
PR
US$13.26
Permian Resources
7D
-2.9%
1Y
-9.2%
EXE
US$99.14
Expand Energy
7D
-2.8%
1Y
36.7%
AR
US$32.81
Antero Resources
7D
-2.6%
1Y
22.8%
OVV
US$39.90
Ovintiv
7D
1.2%
1Y
-6.1%

Ovintiv (NYSE:OVV) Is Due To Pay A Dividend Of $0.30

Jul 28
Ovintiv (NYSE:OVV) Is Due To Pay A Dividend Of $0.30
EQT
US$51.29
EQT
7D
-2.0%
1Y
64.9%