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U.S. Oil and Gas Industry Analysis

UpdatedNov 26, 2024
DataAggregated Company Financials
Companies359
  • 7D0.1%
  • 3M6.9%
  • 1Y15.4%
  • YTD14.6%

The Oil and Gas industry has been flat over the last week, but EOG Resources has lost 3.3%. As for the the longer term, the industry is up 15% over the past 12 months. 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?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 26 Nov 2024US$2.3tUS$1.8tUS$145.1b11.6x15.6x1.3x
Thu, 24 Oct 2024US$2.1tUS$1.8tUS$161.1b10.4x13.2x1.2x
Sat, 21 Sep 2024US$2.1tUS$1.8tUS$157.8b10x13.2x1.2x
Mon, 19 Aug 2024US$2.1tUS$1.8tUS$157.8b10.4x13.3x1.2x
Wed, 17 Jul 2024US$2.1tUS$1.8tUS$162.1b11.2x12.9x1.2x
Fri, 14 Jun 2024US$2.0tUS$1.8tUS$162.4b10.7x12.3x1.1x
Sun, 12 May 2024US$2.1tUS$1.8tUS$161.4b10.5x13x1.2x
Tue, 09 Apr 2024US$2.3tUS$1.8tUS$192.7b10.2x11.7x1.2x
Thu, 07 Mar 2024US$2.0tUS$1.8tUS$193.8b8.6x10.4x1.1x
Sat, 03 Feb 2024US$2.0tUS$1.9tUS$216.2b7.8x9.3x1.1x
Mon, 01 Jan 2024US$2.0tUS$1.9tUS$230.1b7.7x8.8x1.1x
Wed, 29 Nov 2023US$2.0tUS$1.9tUS$230.4b7.8x8.8x1.1x
Fri, 27 Oct 2023US$2.1tUS$2.0tUS$260.7b6.5x8x1x
Sun, 24 Sep 2023US$2.1tUS$2.0tUS$261.4b6.4x8.1x1x
Tue, 22 Aug 2023US$2.1tUS$2.0tUS$261.3b6.7x8x1x
Thu, 20 Jul 2023US$2.0tUS$2.2tUS$307.3b5.8x6.4x0.9x
Sat, 17 Jun 2023US$1.9tUS$2.2tUS$307.3b5.4x6.3x0.9x
Mon, 15 May 2023US$1.9tUS$2.2tUS$307.5b5x6.2x0.9x
Wed, 12 Apr 2023US$2.0tUS$2.2tUS$273.8b6.1x7.5x0.9x
Fri, 10 Mar 2023US$2.0tUS$2.2tUS$275.0b6x7.2x0.9x
Sun, 05 Feb 2023US$2.0tUS$2.2tUS$267.1b6.6x7.7x0.9x
Tue, 03 Jan 2023US$2.1tUS$2.2tUS$254.1b7x8.2x1x
Thu, 01 Dec 2022US$2.2tUS$2.1tUS$253.9b7.5x8.6x1x
Sat, 29 Oct 2022US$2.2tUS$2.1tUS$220.5b9.3x9.8x1.1x
Mon, 26 Sep 2022US$1.8tUS$1.9tUS$190.1b8.2x9.3x0.9x
Wed, 24 Aug 2022US$2.0tUS$1.9tUS$189.9b10.1x10.7x1x
Fri, 22 Jul 2022US$1.8tUS$1.7tUS$117.4b12.3x15.2x1.1x
Sun, 19 Jun 2022US$1.8tUS$1.7tUS$116.0b11.8x15.3x1.1x
Tue, 17 May 2022US$1.9tUS$1.7tUS$115.2b13.6x16.8x1.2x
Thu, 14 Apr 2022US$1.9tUS$1.5tUS$97.5b15.1x19.9x1.3x
Sat, 12 Mar 2022US$1.8tUS$1.5tUS$96.4b15.8x19x1.2x
Mon, 07 Feb 2022US$1.7tUS$1.4tUS$75.3b17.3x22.1x1.2x
Wed, 05 Jan 2022US$1.5tUS$1.2tUS$31.0b17.3x47.4x1.2x
Fri, 03 Dec 2021US$1.3tUS$1.3tUS$32.1b15.6x41.5x1.1x
Price to Earnings Ratio

41.5x


Total Market Cap: US$1.3tTotal Earnings: US$32.1bTotal Revenue: US$1.3tTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Oil and Gas Industry Price to Earnings3Y Average 13.3x202220232024
Current Industry PE
  • Investors are optimistic on the American Oil and Gas industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 15.6x which is higher than its 3-year average PE of 13.3x.
  • The 3-year average PS ratio of 1.1x is lower than the industry's current PS ratio of 1.3x.
Past Earnings Growth
  • The earnings for companies in the Oil and Gas industry have grown 65% 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 Market2.16%
Energy0.39%
Oil and Gas0.15%
Coal and Fuels2.36%
Oil and Gas Storage and Transportation1.83%
Integrated Oil and Gas-0.31%
Oil and Gas Exploration and Production-0.55%
Oil and Gas Refining and Marketing-0.82%
Industry PE
  • Investors are most optimistic about the Oil and Gas Storage and Transportation industry which is trading above its 3-year average PE ratio of 14.5x.
    • Analysts are expecting annual earnings growth of 7.6%, which is higher than its past year's earnings growth of 3.0% 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 3.5x.
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 14% per year.
  • In contrast, the Coal and Fuels industry is expected to see its earnings decline by 4.1% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
COP ConocoPhillipsUS$106.10-6.7%
US$6.3b		-7.6%PE13.8x
TPL Texas Pacific LandUS$1.61k15.4%
+US$4.9b		195.8%PE82.6x
EQT EQTUS$45.993.9%
+US$1.0b		14.3%PE87.3x
PSX Phillips 66US$133.281.5%
+US$809.5m		12.6%PE16.4x
DTM DT MidstreamUS$105.733.7%
+US$806.1m		85.6%PE26.6x
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Latest News

OKE

US$111.52

ONEOK

7D

-0.9%

1Y

65.9%

COP

US$106.10

ConocoPhillips

7D

-6.7%

1Y

-7.6%

TPL

US$1,614.00

Texas Pacific Land

7D

15.4%

1Y

195.8%

DTM

US$105.73

DT Midstream

7D

3.7%

1Y

85.6%

EQT

US$45.99

EQT

7D

3.9%

1Y

14.3%

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LNG

US$218.22

Cheniere Energy

7D

1.6%

1Y

22.2%

There's Been No Shortage Of Growth Recently For Cheniere Energy's (NYSE:LNG) Returns On Capital

Nov 21
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CTRA

US$26.99

Coterra Energy

7D

3.3%

1Y

2.7%

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Nov 19
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XOM

US$119.97

Exxon Mobil

7D

-0.3%

1Y

15.4%

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Nov 19

VLO

US$139.82

Valero Energy

7D

-2.9%

1Y

11.3%

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Nov 18

CVX

US$160.36

Chevron

7D

-0.2%

1Y

11.1%

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Nov 18

GLNG

US$41.24

Golar LNG

7D

19.7%

1Y

89.9%

Golar LNG (NASDAQ:GLNG) Will Pay A Dividend Of $0.25

Nov 15
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EOG

US$131.98

EOG Resources

7D

-3.3%

1Y

7.3%

EOG Resources: Shareholder Value Creation Remains Top Priority For Management

Nov 12

FANG

US$179.55

Diamondback Energy

7D

-1.3%

1Y

16.6%

MPC

US$156.50

Marathon Petroleum

7D

-2.1%

1Y

4.0%

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Nov 07
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PSX

US$133.28

Phillips 66

7D

1.5%

1Y

12.6%

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Oct 24

PXD

US$269.62

Pioneer Natural Resources

7D

-2.0%

1Y

30.8%