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U.S. Oil and Gas Industry Analysis
UpdatedNov 08, 2024
DataAggregated Company Financials
Companies355
- 7D5.0%
- 3M5.2%
- 1Y15.0%
- YTD12.0%
Chevron is up 5.3%, leading the way for the Oil and Gas industry, which has gained 5.0%. This means that the industry has gained 15% over the past year. Looking forward, earnings are forecast to grow by 8.0% annually.
Industry Valuation and Performance
Has the U.S. Oil and Gas Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 08 Nov 2024 | US$2.2t | US$1.8t | US$147.8b | 11x | 14.9x | 1.2x |
| Sun, 06 Oct 2024 | US$2.2t | US$1.8t | US$160.9b | 11x | 13.6x | 1.2x |
| Tue, 03 Sep 2024 | US$2.1t | US$1.8t | US$157.8b | 10.3x | 13.4x | 1.2x |
| Thu, 01 Aug 2024 | US$2.1t | US$1.8t | US$159.5b | 11.2x | 13.1x | 1.2x |
| Sat, 29 Jun 2024 | US$2.1t | US$1.8t | US$162.2b | 10.9x | 12.7x | 1.2x |
| Mon, 27 May 2024 | US$2.0t | US$1.8t | US$160.9b | 10.5x | 12.7x | 1.2x |
| Wed, 24 Apr 2024 | US$2.2t | US$1.8t | US$192.7b | 9.6x | 11.5x | 1.2x |
| Fri, 22 Mar 2024 | US$2.1t | US$1.8t | US$193.2b | 9.1x | 11x | 1.2x |
| Sun, 18 Feb 2024 | US$2.0t | US$1.8t | US$203.0b | 8.4x | 9.7x | 1.1x |
| Tue, 16 Jan 2024 | US$2.0t | US$1.9t | US$230.1b | 7.8x | 8.7x | 1.1x |
| Thu, 14 Dec 2023 | US$1.9t | US$1.9t | US$230.3b | 7.6x | 8.4x | 1x |
| Sat, 11 Nov 2023 | US$2.0t | US$1.9t | US$230.6b | 7.7x | 8.6x | 1x |
| Mon, 09 Oct 2023 | US$2.0t | US$2.0t | US$261.6b | 6.5x | 7.8x | 1x |
| Wed, 06 Sep 2023 | US$2.1t | US$2.0t | US$261.4b | 6.6x | 8.2x | 1.1x |
| Fri, 04 Aug 2023 | US$2.0t | US$2.0t | US$264.9b | 6.8x | 7.7x | 1x |
| Sun, 02 Jul 2023 | US$2.0t | US$2.2t | US$307.3b | 5.5x | 6.4x | 0.9x |
| Tue, 30 May 2023 | US$1.9t | US$2.2t | US$307.5b | 5.3x | 6.2x | 0.9x |
| Thu, 27 Apr 2023 | US$2.0t | US$2.2t | US$274.7b | 5.7x | 7.2x | 0.9x |
| Sat, 25 Mar 2023 | US$1.9t | US$2.2t | US$275.3b | 5.6x | 6.8x | 0.8x |
| Mon, 20 Feb 2023 | US$2.0t | US$2.2t | US$268.0b | 6.6x | 7.5x | 0.9x |
| Wed, 18 Jan 2023 | US$2.1t | US$2.2t | US$254.2b | 7.1x | 8.4x | 1x |
| Fri, 16 Dec 2022 | US$2.0t | US$2.2t | US$254.2b | 7.1x | 8x | 0.9x |
| Sun, 13 Nov 2022 | US$2.2t | US$2.1t | US$253.3b | 7.7x | 8.8x | 1x |
| Tue, 11 Oct 2022 | US$2.0t | US$1.9t | US$190.1b | 9.5x | 10.4x | 1x |
| Thu, 08 Sep 2022 | US$2.0t | US$1.9t | US$190.0b | 9.7x | 10.3x | 1x |
| Sat, 06 Aug 2022 | US$1.8t | US$1.9t | US$183.5b | 9.4x | 9.9x | 0.9x |
| Mon, 04 Jul 2022 | US$1.8t | US$1.7t | US$116.0b | 11.8x | 15.2x | 1.1x |
| Wed, 01 Jun 2022 | US$2.1t | US$1.7t | US$115.7b | 14x | 18x | 1.3x |
| Fri, 29 Apr 2022 | US$1.8t | US$1.5t | US$96.9b | 15.3x | 18.9x | 1.3x |
| Sun, 27 Mar 2022 | US$1.9t | US$1.5t | US$96.9b | 15.6x | 19.8x | 1.3x |
| Tue, 22 Feb 2022 | US$1.6t | US$1.4t | US$86.0b | 16.3x | 18.9x | 1.1x |
| Thu, 20 Jan 2022 | US$1.6t | US$1.2t | US$31.0b | 18.6x | 50.9x | 1.3x |
| Sat, 18 Dec 2021 | US$1.3t | US$1.3t | US$31.4b | 15.8x | 42.6x | 1.1x |
| Mon, 15 Nov 2021 | US$1.4t | US$1.3t | US$32.3b | 17.9x | 44.8x | 1.2x |
Price to Earnings Ratio
44.8x
Current Industry PE
- Investors are relatively neutral on the American Oil and Gas 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 13.8x.
- The 3-year average PS ratio of 1.1x is lower than the industry's current PS ratio of 1.2x.
Past Earnings Growth
- The earnings for companies in the Oil and Gas industry have grown 66% 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 Trends
Which industries have driven the changes within the U.S. Energy industry?
| US Market | 5.13% | |
| Energy | 5.41% | |
| Oil and Gas | 5.04% | |
| Oil and Gas Storage and Transportation | 6.36% | |
| Coal and Fuels | 6.03% | |
| Oil and Gas Exploration and Production | 5.07% | |
| Oil and Gas Refining and Marketing | 5.02% | |
| Integrated Oil and Gas | 4.17% | |
Industry PE
- Investors are most optimistic about the Integrated Oil and Gas industry even though it's trading below its 3-year average PE ratio of 23.3x.
- Analysts are expecting annual earnings growth of 5.9%, which is higher than its past year's earnings decline of 35.6% per year.
- Investors are most pessimistic about the Coal and Fuels industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 2.4x.
Forecasted Growth
- Analysts are most optimistic on the Oil and Gas Exploration and Production industry, expecting annual earnings growth of 13% over the next 5 years.
- This is better than its past earnings decline of 30% per year.
- In contrast, the Coal and Fuels industry is expected to see its earnings decline by 4.0% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| CVX Chevron | US$156.77 | 5.3% +US$14.5b | 10.4% | PE17.2x | |
| XOM Exxon Mobil | US$121.15 | 3.7% +US$13.6b | 17.7% | PE15.8x | |
| TRGP Targa Resources | US$187.79 | 12.5% +US$4.4b | 124.4% | PE33.3x | |
| OKE ONEOK | US$104.14 | 7.5% +US$4.2b | 63.2% | PE21.7x | |
| KMI Kinder Morgan | US$26.41 | 7.8% +US$4.2b | 62.9% | PE23.2x |
