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

UpdatedApr 25, 2024
DataAggregated Company Financials
Companies234
  • 7D2.2%
  • 3M17.2%
  • 1Y22.2%
  • YTDn/a

In the last week, the Oil and Gas Exploration and Production industry is up 2.2%, with Hess up 5.5%. This means that the industry has gained 22% over the past year. Looking forward, earnings are forecast to grow by 5.1% 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
Fri, 26 Apr 2024US$657.7bUS$235.1bUS$58.4b9.8x11.3x2.8x
Sun, 24 Mar 2024US$625.7bUS$238.4bUS$60.4b8.7x10.4x2.6x
Tue, 20 Feb 2024US$559.4bUS$233.5bUS$65.8b8.2x8.5x2.4x
Thu, 18 Jan 2024US$581.7bUS$260.7bUS$76.4b7.3x7.6x2.2x
Sat, 16 Dec 2023US$611.4bUS$260.7bUS$76.4b7.4x8x2.3x
Mon, 13 Nov 2023US$622.0bUS$260.9bUS$77.0b7.4x8.1x2.4x
Wed, 11 Oct 2023US$651.2bUS$286.0bUS$89.7b5.5x7.3x2.3x
Fri, 08 Sep 2023US$664.5bUS$285.5bUS$89.6b5.9x7.4x2.3x
Sun, 06 Aug 2023US$639.1bUS$288.7bUS$91.3b5.9x7x2.2x
Tue, 04 Jul 2023US$581.9bUS$327.2bUS$106.8b4.7x5.5x1.8x
Thu, 01 Jun 2023US$547.4bUS$327.2bUS$106.7b4.5x5.1x1.7x
Sat, 29 Apr 2023US$590.6bUS$333.8bUS$102.8b5.1x5.7x1.8x
Mon, 27 Mar 2023US$541.0bUS$336.7bUS$93.2b5x5.8x1.6x
Wed, 22 Feb 2023US$588.3bUS$332.2bUS$90.6b5.4x6.5x1.8x
Fri, 20 Jan 2023US$660.9bUS$326.9bUS$89.5b5.7x7.4x2x
Sun, 18 Dec 2022US$628.1bUS$326.6bUS$89.4b5.6x7x1.9x
Tue, 15 Nov 2022US$718.2bUS$327.2bUS$89.0b6.6x8.1x2.2x
Thu, 13 Oct 2022US$652.4bUS$288.3bUS$63.2b9.1x10.3x2.3x
Sat, 10 Sep 2022US$646.6bUS$288.2bUS$63.2b9.1x10.2x2.2x
Mon, 08 Aug 2022US$560.7bUS$284.8bUS$61.9b9.3x9.1x2x
Wed, 06 Jul 2022US$509.5bUS$228.7bUS$37.2b10.9x13.7x2.2x
Fri, 03 Jun 2022US$690.5bUS$228.6bUS$37.2b14.8x18.6x3x
Sun, 01 May 2022US$550.7bUS$191.8bUS$30.8b15x17.9x2.9x
Tue, 29 Mar 2022US$597.9bUS$196.5bUS$33.2b15.8x18x3x
Thu, 24 Feb 2022US$493.5bUS$178.8bUS$26.3b17.2x18.8x2.8x
Sat, 22 Jan 2022US$461.1bUS$153.2bUS$11.1b21x41.5x3x
Mon, 20 Dec 2021US$403.5bUS$153.1bUS$11.2b19x36.2x2.6x
Wed, 17 Nov 2021US$448.2bUS$154.2bUS$11.6b21.6x38.6x2.9x
Fri, 15 Oct 2021US$440.5bUS$127.2b-US$546,516,775.0028.5x-806.1x3.5x
Sun, 12 Sep 2021US$329.7bUS$128.1b-US$2,816,383,619.8116.4x-117.1x2.6x
Tue, 10 Aug 2021US$330.1bUS$127.6b-US$1,343,496,174.3220.4x-245.7x2.6x
Mon, 03 May 2021US$307.6bUS$102.0b-US$17,620,677,960.3721x-17.5x3x
Price to Earnings Ratio

-17.5x


Total Market Cap: US$307.6bTotal Earnings: -US$17,620,677,960.37Total Revenue: US$102.0bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Oil and Gas Exploration and Production Industry Price to Earnings3Y Average -36.5x202220232024
Current Industry PE
  • Investors are pessimistic on the American Oil and Gas Exploration and Production 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 11.3x which is higher than its 3-year average PE of -36.5x.
  • The 3-year average PS ratio of 2.5x is lower than the industry's current PS ratio of 2.8x.
Past Earnings Growth
  • Total earnings for the Oil and Gas Exploration and Production industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 32% per year.
  • This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.

Industry Comparison

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

US Market1.21%
Energy2.26%
Oil and Gas2.45%
Oil and Gas Exploration and Production2.18%
Oil and Gas Storage and Transportation3.48%
Integrated Oil and Gas2.94%
Oil and Gas Refining and Marketing-0.29%
Coal and Fuels-1.76%
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
HES HessUS$161.456.4%
+US$3.0b		14.1%PE24.7x
COP ConocoPhillipsUS$130.111.8%
+US$2.7b		28.5%PE14x
EOG EOG ResourcesUS$135.362.7%
+US$2.1b		16.9%PE10.3x
EQT EQTUS$40.4111.6%
+US$1.9b		20.5%PE28.8x
PXD Pioneer Natural ResourcesUS$275.152.7%
+US$1.7b		29.3%PE13.2x
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Latest News

HES

US$161.45

Hess

7D

6.4%

1Y

14.1%

AR

US$33.39

Antero Resources

7D

15.7%

1Y

53.0%

FANG

US$207.10

Diamondback Energy

7D

3.8%

1Y

50.0%

Diamondback Energy: Oil Outlook Improving, But Valuation Is Stretched, And Merger May Fail

Apr 25

EQT

US$40.41

EQT

7D

11.6%

1Y

20.5%

COP

US$130.11

ConocoPhillips

7D

1.8%

1Y

28.5%

GFR

US$5.80

Greenfire Resources

7D

-7.6%

1Y

-43.9%

Does Greenfire Resources (NYSE:GFR) Have A Healthy Balance Sheet?

Apr 23
Does Greenfire Resources (NYSE:GFR) Have A Healthy Balance Sheet?

CTRA

US$28.43

Coterra Energy

7D

4.4%

1Y

13.0%

Coterra Energy: Low Natural Gas Prices Shouldn't Scare You Away

Apr 23

GRNT

US$6.41

Granite Ridge Resources

7D

-5.6%

1Y

12.9%

EGY

US$6.43

VAALCO Energy

7D

-3.2%

1Y

55.7%

PXD

US$275.15

Pioneer Natural Resources

7D

2.7%

1Y

29.3%

HPK

US$14.88

HighPeak Energy

7D

-1.8%

1Y

-23.3%

KOS

US$5.83

Kosmos Energy

7D

-3.8%

1Y

-4.9%

Is There An Opportunity With Kosmos Energy Ltd.'s (NYSE:KOS) 40% Undervaluation?

Apr 15
Is There An Opportunity With Kosmos Energy Ltd.'s (NYSE:KOS) 40% Undervaluation?

APA

US$32.36

APA

7D

-0.2%

1Y

-9.3%

APA (NASDAQ:APA) Will Pay A Dividend Of $0.25

Apr 14
APA (NASDAQ:APA) Will Pay A Dividend Of $0.25

EOG

US$135.36

EOG Resources

7D

2.7%

1Y

16.9%

EOG Resources: Highest Flowing Barrel Returns And ~25% 10y Dividend CAGR

Apr 09

CPE

US$35.76

Callon Petroleum

7D

-0.8%

1Y

-3.3%

ESTE

US$21.17

Earthstone Energy

7D

-1.5%

1Y

33.8%