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

UpdatedDec 31, 2024
DataAggregated Company Financials
Companies235
  • 7D2.3%
  • 3M-2.4%
  • 1Y-2.6%
  • YTDn/a

Over the last 7 days, the Oil and Gas Exploration and Production industry has risen 2.1%, driven by gains in ConocoPhillips and Diamondback Energy of 0.6% and 1.4%, respectively. In the past year, the industry is down 3.9%. Looking forward, earnings are forecast to grow by 13% 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
Tue, 31 Dec 2024US$536.9bUS$208.0bUS$42.6b9.9x12.6x2.6x
Thu, 28 Nov 2024US$596.8bUS$208.0bUS$42.8b10.6x14x2.9x
Sat, 26 Oct 2024US$549.9bUS$216.1bUS$45.8b10.4x12x2.5x
Mon, 23 Sep 2024US$555.8bUS$221.0bUS$43.1b10.4x12.9x2.5x
Wed, 21 Aug 2024US$548.6bUS$221.1bUS$43.0b10.4x12.8x2.5x
Fri, 19 Jul 2024US$576.4bUS$214.9bUS$43.8b11.4x13.2x2.7x
Sun, 16 Jun 2024US$537.1bUS$214.8bUS$43.7b10.6x12.3x2.5x
Tue, 14 May 2024US$574.3bUS$214.7bUS$44.1b11.1x13x2.7x
Thu, 11 Apr 2024US$668.5bUS$235.9bUS$59.9b10.3x11.2x2.8x
Sat, 09 Mar 2024US$591.3bUS$238.6bUS$60.8b8.2x9.7x2.5x
Mon, 05 Feb 2024US$588.2bUS$260.2bUS$75.6b7x7.8x2.3x
Wed, 03 Jan 2024US$622.0bUS$260.7bUS$76.4b7.3x8.1x2.4x
Fri, 01 Dec 2023US$620.0bUS$260.8bUS$76.7b7.6x8.1x2.4x
Sun, 29 Oct 2023US$642.7bUS$280.4bUS$89.0b5.6x7.2x2.3x
Tue, 26 Sep 2023US$642.8bUS$285.5bUS$89.5b5.8x7.2x2.3x
Thu, 24 Aug 2023US$642.3bUS$285.5bUS$89.6b5.8x7.2x2.2x
Sat, 22 Jul 2023US$614.8bUS$327.2bUS$106.8b4.9x5.8x1.9x
Mon, 19 Jun 2023US$579.0bUS$327.2bUS$106.8b4.8x5.4x1.8x
Wed, 17 May 2023US$549.7bUS$327.3bUS$106.9b4.5x5.1x1.7x
Fri, 14 Apr 2023US$616.6bUS$336.9bUS$93.2b5.6x6.6x1.8x
Sun, 12 Mar 2023US$573.7bUS$336.7bUS$93.2b5.5x6.2x1.7x
Tue, 07 Feb 2023US$610.5bUS$331.6bUS$91.1b5.6x6.7x1.8x
Thu, 05 Jan 2023US$615.9bUS$326.6bUS$89.4b5.4x6.9x1.9x
Sat, 03 Dec 2022US$685.6bUS$326.6bUS$89.4b6.4x7.7x2.1x
Mon, 31 Oct 2022US$696.0bUS$296.4bUS$71.9b8.6x9.7x2.3x
Wed, 28 Sep 2022US$549.0bUS$288.3bUS$63.2b7.9x8.7x1.9x
Fri, 26 Aug 2022US$661.6bUS$288.2bUS$63.2b9.9x10.5x2.3x
Sun, 24 Jul 2022US$532.9bUS$228.6bUS$37.2b11.9x14.3x2.3x
Tue, 21 Jun 2022US$555.3bUS$228.7bUS$37.2b11.8x14.9x2.4x
Thu, 19 May 2022US$623.8bUS$228.5bUS$37.1b13.4x16.8x2.7x
Sat, 16 Apr 2022US$613.8bUS$196.4bUS$33.3b15.9x18.4x3.1x
Mon, 14 Mar 2022US$559.1bUS$197.5bUS$31.3b16.9x17.8x2.8x
Wed, 09 Feb 2022US$498.6bUS$164.9bUS$15.6b21.6x31.9x3x
Fri, 07 Jan 2022US$460.5bUS$153.2bUS$11.1b21.1x41.5x3x
Price to Earnings Ratio

41.5x


Total Market Cap: US$460.5bTotal Earnings: US$11.1bTotal Revenue: US$153.2bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Oil and Gas Exploration and Production Industry Price to Earnings3Y Average 11.6x20232024
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 11.7x.
  • The industry is trading close to its 3-year average PS ratio of 2.4x.
Past Earnings Growth
  • The earnings for companies in the Oil and Gas Exploration and Production industry have grown 57% per year over the last three years.
  • Revenues for these companies have grown 11% 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-1.10%
Energy0.91%
Oil and Gas0.77%
Oil and Gas Exploration and Production2.31%
Oil and Gas Refining and Marketing1.21%
Oil and Gas Storage and Transportation0.58%
Coal and Fuels0.34%
Integrated Oil and Gas-0.21%
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
EQT EQTUS$46.596.2%
+US$1.6b		20.5%PE88.5x
FANG Diamondback EnergyUS$160.983.1%
+US$1.4b		3.8%PE14.7x
CTRA Coterra EnergyUS$25.526.1%
+US$1.1b		0%PE15.2x
AR Antero ResourcesUS$35.529.9%
+US$998.8m		56.6%PE245.6x
COP ConocoPhillipsUS$97.090.7%
+US$918.4m		-16.4%PE12.7x
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