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U.S. Oil and Gas Industry Analysis

UpdatedMay 20, 2025
DataAggregated Company Financials
Companies352
  • 7D-0.2%
  • 3M-7.2%
  • 1Y-6.9%
  • YTD-4.6%

Over the last 7 days, the Oil and Gas industry has remained flat, although notably Texas Pacific Land gained 5.9%. Unfortunately though, the industry is down 6.9% over the past 12 months. Looking forward, earnings are forecast to grow by 13% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 21 May 2025US$2.0tUS$1.7tUS$122.2b11.9x16.7x1.2x
Fri, 18 Apr 2025US$1.9tUS$1.7tUS$130.3b11.5x14.8x1.1x
Sun, 16 Mar 2025US$2.1tUS$1.7tUS$130.7b12.7x16.3x1.2x
Tue, 11 Feb 2025US$2.2tUS$1.8tUS$142.0b11.9x15.2x1.2x
Thu, 09 Jan 2025US$2.1tUS$1.8tUS$144.9b11.5x14.6x1.2x
Sat, 07 Dec 2024US$2.2tUS$1.8tUS$145.0b10.9x15.1x1.2x
Mon, 04 Nov 2024US$2.1tUS$1.8tUS$150.2b10.7x13.9x1.2x
Wed, 02 Oct 2024US$2.1tUS$1.8tUS$160.5b10.9x12.9x1.2x
Fri, 30 Aug 2024US$2.1tUS$1.8tUS$157.8b10.4x13.2x1.2x
Sun, 28 Jul 2024US$2.1tUS$1.8tUS$160.3b10.9x12.9x1.2x
Tue, 25 Jun 2024US$2.0tUS$1.8tUS$162.1b11x12.4x1.1x
Thu, 23 May 2024US$2.1tUS$1.8tUS$160.9b10.6x13x1.2x
Sat, 20 Apr 2024US$2.2tUS$1.8tUS$192.7b9.3x11.2x1.2x
Mon, 18 Mar 2024US$2.1tUS$1.8tUS$193.3b8.6x10.8x1.2x
Wed, 14 Feb 2024US$1.9tUS$1.8tUS$206.3b8x9.3x1x
Fri, 12 Jan 2024US$2.0tUS$1.9tUS$230.1b7.7x8.6x1x
Sun, 10 Dec 2023US$2.0tUS$1.9tUS$230.3b7.8x8.5x1x
Tue, 07 Nov 2023US$2.1tUS$1.9tUS$235.7b6.8x8.8x1.1x
Thu, 05 Oct 2023US$2.1tUS$2.0tUS$261.5b6.3x8.1x1x
Sat, 02 Sep 2023US$2.1tUS$2.0tUS$261.4b6.7x8.1x1.1x
Mon, 31 Jul 2023US$2.0tUS$2.1tUS$285.8b6.1x7.1x1x
Wed, 28 Jun 2023US$1.9tUS$2.2tUS$307.3b5.4x6.2x0.9x
Fri, 26 May 2023US$1.9tUS$2.2tUS$307.5b5.3x6.3x0.9x
Sun, 23 Apr 2023US$2.0tUS$2.2tUS$273.8b5.9x7.3x0.9x
Tue, 21 Mar 2023US$1.9tUS$2.2tUS$275.3b5.5x6.7x0.8x
Thu, 16 Feb 2023US$2.1tUS$2.2tUS$267.6b6.8x7.8x0.9x
Sat, 14 Jan 2023US$2.1tUS$2.2tUS$254.1b7.2x8.4x1x
Mon, 12 Dec 2022US$2.0tUS$2.2tUS$254.2b7x7.8x0.9x
Wed, 09 Nov 2022US$2.2tUS$2.1tUS$243.8b8.3x9x1x
Fri, 07 Oct 2022US$2.0tUS$1.9tUS$190.1b9.9x10.7x1x
Sun, 04 Sep 2022US$2.0tUS$1.9tUS$190.0b9.8x10.4x1x
Tue, 02 Aug 2022US$1.9tUS$1.8tUS$155.0b11.6x12.3x1.1x
Thu, 30 Jun 2022US$1.8tUS$1.7tUS$116.0b11.8x15.4x1.1x
Sat, 28 May 2022US$2.1tUS$1.7tUS$115.2b14x18.3x1.3x
Price to Earnings Ratio

18.3x


Total Market Cap: US$2.1tTotal Earnings: US$115.2bTotal 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 16.9x 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
  • Both revenue and earnings for companies in the Oil and Gas industry have remained mostly flat over the last three years.
  • This means that sales and the cost of doing business have remained relatively consistent over this period and subsequently, so have profits.

Industry Trends

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

US Market1.58%
Energy-0.30%
Oil and Gas-0.17%
Oil and Gas Refining and Marketing3.07%
Coal and Fuels2.20%
Oil and Gas Storage and Transportation2.16%
Oil and Gas Exploration and Production-0.35%
Integrated Oil and Gas-2.44%
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 9.2% 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
KMI Kinder MorganUS$27.981.7%
+US$1.1b
41.7%PE24.2x
WMB Williams CompaniesUS$58.771.2%
+US$854.7m
40.7%PE31.5x
EXE Expand EnergyUS$114.921.6%
+US$433.1m
26.7%PS4.2x
SOC Sable OffshoreUS$32.7616.7%
+US$420.2m
149.3%PB10.4x
EE Excelerate EnergyUS$29.41-1.3%
US$222.8m
62.1%PE31x
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Latest News

SOC

US$32.76

Sable Offshore

7D

16.7%

1Y

149.3%

FANG

US$138.35

Diamondback Energy

7D

-5.3%

1Y

-29.6%

PSX

US$120.90

Phillips 66

7D

-3.7%

1Y

-16.1%

COP

US$89.69

ConocoPhillips

7D

-4.8%

1Y

-25.5%

OXY

US$41.90

Occidental Petroleum

7D

-5.6%

1Y

-33.9%

CTRA

US$24.88

Coterra Energy

7D

0.5%

1Y

-10.6%

EOG

US$112.58

EOG Resources

7D

-3.5%

1Y

-12.7%

EXE

US$114.92

Expand Energy

7D

1.6%

1Y

26.7%

CVX

US$137.27

Chevron

7D

-3.6%

1Y

-14.2%

AM

US$18.83

Antero Midstream

7D

2.2%

1Y

26.8%