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U.S. Oil and Gas Industry Analysis

UpdatedMay 22, 2025
DataAggregated Company Financials
Companies351
  • 7D-3.8%
  • 3M-10.7%
  • 1Y-7.4%
  • YTD-7.0%

Over the last 7 days, the Oil and Gas industry has dropped 3.8%, driven by a pullback from Exxon Mobil of 5.2%. On the other hand Venture Global is actually up 12%. The industry has fallen 7.4% in the last year. Looking forward, earnings are forecast to grow by 12% annually.

Industry Valuation and Performance

Has the U.S. Oil and Gas Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 23 May 2025US$2.0tUS$1.7tUS$122.2b11.8x16.3x1.1x
Sun, 20 Apr 2025US$2.0tUS$1.7tUS$130.3b11.4x15.1x1.1x
Tue, 18 Mar 2025US$2.1tUS$1.7tUS$130.7b12.8x16.3x1.2x
Thu, 13 Feb 2025US$2.2tUS$1.8tUS$142.1b11.4x15.6x1.3x
Sat, 11 Jan 2025US$2.1tUS$1.8tUS$144.9b11.7x14.7x1.2x
Mon, 09 Dec 2024US$2.2tUS$1.8tUS$145.0b10.9x14.9x1.2x
Wed, 06 Nov 2024US$2.1tUS$1.8tUS$147.3b10.4x14.4x1.2x
Fri, 04 Oct 2024US$2.1tUS$1.8tUS$160.5b11x13.3x1.2x
Sun, 01 Sep 2024US$2.1tUS$1.8tUS$157.8b10.3x13.4x1.2x
Tue, 30 Jul 2024US$2.1tUS$1.8tUS$160.3b11x12.9x1.2x
Thu, 27 Jun 2024US$2.1tUS$1.8tUS$162.1b11x12.7x1.2x
Sat, 25 May 2024US$2.0tUS$1.8tUS$160.9b10.5x12.7x1.2x
Mon, 22 Apr 2024US$2.2tUS$1.8tUS$192.7b9.4x11.3x1.2x
Wed, 20 Mar 2024US$2.1tUS$1.8tUS$193.2b8.7x11x1.2x
Fri, 16 Feb 2024US$1.9tUS$1.8tUS$204.8b8.4x9.4x1x
Sun, 14 Jan 2024US$2.0tUS$1.9tUS$230.1b7.8x8.7x1.1x
Tue, 12 Dec 2023US$2.0tUS$1.9tUS$230.3b7.6x8.6x1x
Thu, 09 Nov 2023US$2.0tUS$1.9tUS$231.1b7.4x8.7x1.1x
Sat, 07 Oct 2023US$2.0tUS$2.0tUS$261.6b6.5x7.8x1x
Mon, 04 Sep 2023US$2.1tUS$2.0tUS$261.4b6.7x8.1x1.1x
Wed, 02 Aug 2023US$2.1tUS$2.1tUS$280.7b6.4x7.4x1x
Fri, 30 Jun 2023US$1.9tUS$2.2tUS$307.3b5.5x6.3x0.9x
Sun, 28 May 2023US$1.9tUS$2.2tUS$307.5b5.3x6.2x0.9x
Tue, 25 Apr 2023US$2.0tUS$2.2tUS$273.8b6x7.4x0.9x
Thu, 23 Mar 2023US$1.9tUS$2.2tUS$275.3b5.7x6.8x0.8x
Sat, 18 Feb 2023US$2.0tUS$2.2tUS$268.0b6.6x7.5x0.9x
Mon, 16 Jan 2023US$2.1tUS$2.2tUS$254.2b7.1x8.4x1x
Wed, 14 Dec 2022US$2.1tUS$2.2tUS$254.2b7x8.1x1x
Fri, 11 Nov 2022US$2.2tUS$2.1tUS$253.6b7.9x8.6x1x
Sun, 09 Oct 2022US$2.0tUS$1.9tUS$190.1b9.7x10.6x1x
Tue, 06 Sep 2022US$2.0tUS$1.9tUS$190.0b9.8x10.4x1x
Thu, 04 Aug 2022US$1.8tUS$1.8tUS$160.5b10.9x11.5x1x
Sat, 02 Jul 2022US$1.8tUS$1.7tUS$116.0b11.8x15.2x1.1x
Mon, 30 May 2022US$2.1tUS$1.7tUS$115.7b13.9x18.3x1.3x
Price to Earnings Ratio

18.3x


Total Market Cap: US$2.1tTotal Earnings: US$115.7bTotal Revenue: US$1.7tTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Oil and Gas Industry Price to Earnings3Y Average 11x202320242025
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 16.6x which is higher than its 3-year average PE of 11.0x.
  • The industry is trading close to its 3-year average PS ratio of 1.1x.
Past Earnings Growth
  • The earnings for companies in the Oil and Gas industry have grown 2.0% per year over the last three years, while revenues have remained mostly flat.
  • This means that companies overall are more efficiently conducting business since profits are increasing while sales have been flat.

Industry Trends

Which industries have driven the changes within the U.S. Energy industry?

US Market-1.15%
Energy-4.00%
Oil and Gas-3.84%
Coal and Fuels-1.49%
Oil and Gas Storage and Transportation-2.06%
Oil and Gas Exploration and Production-4.04%
Integrated Oil and Gas-4.50%
Oil and Gas Refining and Marketing-6.26%
Industry PE
  • Investors are most optimistic about the Oil and Gas Refining and Marketing industry which is trading above its 3-year average PE ratio of 9.4x.
    • Analysts are expecting annual earnings growth of 27.2%, which is higher than its past year's earnings decline of 67.1% per year.
  • Investors are most pessimistic about the Integrated Oil and Gas industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 11.6x.
Forecasted Growth
  • Analysts are most optimistic on the Oil and Gas Refining and Marketing industry, expecting annual earnings growth of 27% over the next 5 years.
  • This is better than its past earnings decline of 67% per year.
  • In contrast, the Integrated Oil and Gas industry is expected to see its earnings grow by 9.3% 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
VG Venture GlobalUS$10.9811.6%
+US$2.8b
n/aPE21.7x
SOC Sable OffshoreUS$32.2915.1%
+US$378.2m
141.7%PB10.3x
BROG Brooge EnergyUS$2.1861.5%
+US$91.0m
118.5%PE53.8x
NFE New Fortress EnergyUS$2.8111.8%
+US$80.9m
-88.9%PS0.4x
EXE Expand EnergyUS$114.390.3%
+US$71.4m
28.4%PS4.1x
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Latest News

SOC

US$32.29

Sable Offshore

7D

15.1%

1Y

141.7%

PSX

US$112.98

Phillips 66

7D

-9.4%

1Y

-20.5%

CLMT

US$14.14

Calumet

7D

5.1%

1Y

-8.6%

COP

US$86.13

ConocoPhillips

7D

-7.3%

1Y

-26.8%

VG

US$10.98

Venture Global

7D

11.6%

1Y

n/a

NFE

US$2.81

New Fortress Energy

7D

11.8%

1Y

-88.9%

OXY

US$41.08

Occidental Petroleum

7D

-5.3%

1Y

-33.7%

PARR

US$21.52

Par Pacific Holdings

7D

4.6%

1Y

-22.1%

EOG

US$110.79

EOG Resources

7D

-4.4%

1Y

-10.7%

DK

US$19.66

Delek US Holdings

7D

5.9%

1Y

-28.9%

EXE

US$114.39

Expand Energy

7D

0.3%

1Y

28.4%

BROG

US$2.18

Brooge Energy

7D

61.5%

1Y

118.5%

CVX

US$135.29

Chevron

7D

-4.9%

1Y

-13.8%