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

UpdatedAug 15, 2025
DataAggregated Company Financials
Companies214
  • 7D1.9%
  • 3M-1.5%
  • 1Y-9.8%
  • YTDn/a

In the last week, the Oil and Gas Exploration and Production industry is up 1.9%, with ConocoPhillips up 3.3%. During this same period, the Expand Energy underperformed, falling 5.0%. In contrast, the industry has lost 9.8% in the last 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
Fri, 15 Aug 2025US$507.1bUS$225.5bUS$34.5b10.7x14.7x2.2x
Sun, 13 Jul 2025US$578.0bUS$230.5bUS$35.2b11.1x16.4x2.5x
Tue, 10 Jun 2025US$558.4bUS$230.6bUS$35.2b10.6x15.8x2.4x
Thu, 08 May 2025US$518.0bUS$225.8bUS$34.8b10.5x14.9x2.3x
Sat, 05 Apr 2025US$557.2bUS$217.0bUS$35.5b11x15.7x2.6x
Mon, 03 Mar 2025US$597.7bUS$217.4bUS$34.8b10.7x17.2x2.7x
Wed, 29 Jan 2025US$626.5bUS$213.1bUS$43.3b10.4x14.5x2.9x
Fri, 27 Dec 2024US$538.1bUS$208.0bUS$42.6b9.7x12.6x2.6x
Sun, 24 Nov 2024US$602.1bUS$208.0bUS$42.8b10.8x14.1x2.9x
Tue, 22 Oct 2024US$552.9bUS$215.9bUS$45.9b10.5x12x2.6x
Thu, 19 Sep 2024US$544.3bUS$221.0bUS$43.1b10.6x12.6x2.5x
Sat, 17 Aug 2024US$545.7bUS$221.0bUS$43.0b10.6x12.7x2.5x
Mon, 15 Jul 2024US$565.3bUS$214.9bUS$43.8b11.2x12.9x2.6x
Wed, 12 Jun 2024US$557.9bUS$214.8bUS$43.7b11x12.8x2.6x
Fri, 10 May 2024US$578.9bUS$214.7bUS$44.1b10.6x13.1x2.7x
Sun, 07 Apr 2024US$668.4bUS$236.0bUS$59.8b10.3x11.2x2.8x
Tue, 05 Mar 2024US$582.6bUS$238.5bUS$60.9b8x9.6x2.4x
Thu, 01 Feb 2024US$609.2bUS$260.1bUS$75.7b7.1x8.1x2.3x
Sat, 30 Dec 2023US$619.6bUS$260.7bUS$76.4b7.4x8.1x2.4x
Mon, 27 Nov 2023US$630.0bUS$260.8bUS$76.7b7.7x8.2x2.4x
Wed, 25 Oct 2023US$661.2bUS$286.9bUS$90.1b5.5x7.3x2.3x
Fri, 22 Sep 2023US$632.4bUS$285.5bUS$89.5b5.6x7.1x2.2x
Sun, 20 Aug 2023US$649.3bUS$285.6bUS$89.6b5.9x7.2x2.3x
Tue, 18 Jul 2023US$588.3bUS$327.2bUS$106.8b4.8x5.5x1.8x
Thu, 15 Jun 2023US$566.2bUS$327.2bUS$106.8b4.7x5.3x1.7x
Sat, 13 May 2023US$555.0bUS$328.0bUS$106.7b4.7x5.2x1.7x
Mon, 10 Apr 2023US$596.2bUS$336.9bUS$93.2b5.3x6.4x1.8x
Wed, 08 Mar 2023US$604.3bUS$335.9bUS$93.6b5.6x6.5x1.8x
Fri, 03 Feb 2023US$624.7bUS$327.9bUS$90.5b5.6x6.9x1.9x
Sun, 01 Jan 2023US$640.0bUS$326.6bUS$89.4b5.8x7.2x2x
Tue, 29 Nov 2022US$682.5bUS$326.6bUS$89.4b6.1x7.6x2.1x
Thu, 27 Oct 2022US$700.7bUS$290.1bUS$64.4b9.1x10.9x2.4x
Sat, 24 Sep 2022US$561.4bUS$288.3bUS$63.2b7.7x8.9x1.9x
Mon, 22 Aug 2022US$629.0bUS$288.2bUS$63.2b9.5x10x2.2x
Price to Earnings Ratio

10x


Total Market Cap: US$629.0bTotal Earnings: US$63.2bTotal 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 14.7x 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 7.9% 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 Market1.65%
Energy0.99%
Oil and Gas0.97%
Oil and Gas Exploration and Production1.89%
Oil and Gas Refining and Marketing2.03%
Integrated Oil and Gas1.40%
Oil and Gas Storage and Transportation-0.69%
Coal and Fuels-2.80%
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$95.653.3%
+US$3.8b		-14.0%PE13x
EOG EOG ResourcesUS$119.793.3%
+US$2.1b		-6.5%PE11.4x
TPL Texas Pacific LandUS$912.555.2%
+US$1.0b		10.1%PE45.4x
DVN Devon EnergyUS$33.854.5%
+US$926.8m		-25.5%PE7.6x
EQT EQTUS$52.051.6%
+US$505.5m		63.8%PE28.4x

Latest News

AR
US$32.34
Antero Resources
7D
-2.2%
1Y
16.2%
CIVI
US$33.86
Civitas Resources
7D
12.5%
1Y
-46.9%
TPL
US$912.55
Texas Pacific Land
7D
5.2%
1Y
10.1%

Concerns Surrounding Texas Pacific Land's (NYSE:TPL) Performance

Aug 13
Concerns Surrounding Texas Pacific Land's (NYSE:TPL) Performance
KOS
US$1.74
Kosmos Energy
7D
-4.4%
1Y
-65.2%
HPK
US$7.52
HighPeak Energy
7D
-12.3%
1Y
-50.9%
FANG
US$140.77
Diamondback Energy
7D
-0.2%
1Y
-28.4%
COP
US$95.65
ConocoPhillips
7D
3.3%
1Y
-14.0%
DVN
US$33.85
Devon Energy
7D
4.5%
1Y
-25.5%
EOG
US$119.79
EOG Resources
7D
3.3%
1Y
-6.5%
APA
US$20.49
APA
7D
5.3%
1Y
-30.5%
EXE
US$94.99
Expand Energy
7D
-5.0%
1Y
30.0%
CNX
US$28.72
CNX Resources
7D
-1.2%
1Y
7.8%

We Think That There Are More Issues For CNX Resources (NYSE:CNX) Than Just Sluggish Earnings

Aug 01
We Think That There Are More Issues For CNX Resources (NYSE:CNX) Than Just Sluggish Earnings
CRK
US$15.93
Comstock Resources
7D
-0.9%
1Y
51.3%

Comstock Resources, Inc. (NYSE:CRK) Shares Slammed 29% But Getting In Cheap Might Be Difficult Regardless

Aug 01
Comstock Resources, Inc. (NYSE:CRK) Shares Slammed 29% But Getting In Cheap Might Be Difficult Regardless
RRC
US$34.24
Range Resources
7D
-1.8%
1Y
12.2%
OVV
US$39.84
Ovintiv
7D
2.4%
1Y
-9.1%

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$52.05
EQT
7D
1.6%
1Y
63.8%