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U.S. Oil and Gas Industry Analysis

UpdatedJun 18, 2026
DataAggregated Company Financials
Companies343
  • 7D-5.6%
  • 3M-8.8%
  • 1Y17.8%
  • YTD17.0%

Over the last 7 days, the Oil and Gas industry has dropped 5.6%, driven by a pullback from Exxon Mobil of 6.6%. Meanwhile, Uranium Energy actually outperformed within the industry, gaining 21% in the last week. This takes the industry's 12 month performance to a gain of 18%. As for the next few years, earnings are expected to grow by 11% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 18 Jun 2026US$2.5tUS$1.7tUS$116.0b13x21.4x1.4x
Sat, 16 May 2026US$2.6tUS$1.7tUS$115.7b14.6x22.9x1.5x
Mon, 13 Apr 2026US$2.6tUS$1.7tUS$122.4b15.1x21.4x1.5x
Wed, 11 Mar 2026US$2.6tUS$1.7tUS$122.4b14.6x21.1x1.5x
Fri, 06 Feb 2026US$2.4tUS$1.7tUS$121.5b14.1x19.9x1.4x
Sun, 04 Jan 2026US$2.1tUS$1.7tUS$117.7b13.2x18.2x1.3x
Tue, 02 Dec 2025US$2.1tUS$1.7tUS$116.2b13.6x18.3x1.2x
Thu, 30 Oct 2025US$2.1tUS$1.7tUS$118.2b12.8x17.5x1.2x
Sat, 27 Sep 2025US$2.2tUS$1.7tUS$115.9b13.5x18.8x1.3x
Mon, 25 Aug 2025US$2.1tUS$1.7tUS$116.2b13.2x18x1.2x
Wed, 23 Jul 2025US$2.1tUS$1.7tUS$120.3b12.3x17.2x1.2x
Fri, 20 Jun 2025US$2.1tUS$1.7tUS$122.2b13.1x17.5x1.2x
Sun, 18 May 2025US$2.1tUS$1.7tUS$122.2b12.1x16.9x1.2x
Tue, 15 Apr 2025US$1.9tUS$1.7tUS$130.3b11.4x14.6x1.1x
Thu, 13 Mar 2025US$2.1tUS$1.7tUS$130.6b12.5x15.9x1.2x
Sat, 08 Feb 2025US$2.2tUS$1.8tUS$141.9b11.9x15.2x1.2x
Mon, 06 Jan 2025US$2.1tUS$1.8tUS$144.9b11.3x14.5x1.2x
Wed, 04 Dec 2024US$2.2tUS$1.8tUS$145.0b11.3x15.4x1.3x
Fri, 01 Nov 2024US$2.1tUS$1.8tUS$152.6b10.8x13.8x1.2x
Sun, 29 Sep 2024US$2.1tUS$1.8tUS$157.8b10.1x13.1x1.1x
Tue, 27 Aug 2024US$2.1tUS$1.8tUS$157.8b10.4x13.2x1.2x
Thu, 25 Jul 2024US$2.0tUS$1.8tUS$161.8b11x12.6x1.2x
Sat, 22 Jun 2024US$2.0tUS$1.8tUS$162.1b10.7x12.5x1.1x
Mon, 20 May 2024US$2.1tUS$1.8tUS$160.9b10.6x13.1x1.2x
Wed, 17 Apr 2024US$2.2tUS$1.8tUS$192.6b9.6x11.3x1.2x
Fri, 15 Mar 2024US$2.1tUS$1.8tUS$193.4b8.7x10.7x1.1x
Sun, 11 Feb 2024US$1.9tUS$1.8tUS$206.3b8.1x9.3x1x
Tue, 09 Jan 2024US$2.0tUS$1.9tUS$230.1b7.8x8.9x1.1x
Thu, 07 Dec 2023US$2.0tUS$1.9tUS$230.4b7.6x8.5x1x
Sat, 04 Nov 2023US$2.1tUS$1.9tUS$234.1b7.1x8.9x1.1x
Mon, 02 Oct 2023US$2.1tUS$2.0tUS$261.6b6.5x8.2x1.1x
Wed, 30 Aug 2023US$2.1tUS$2.0tUS$261.5b6.8x8x1x
Fri, 28 Jul 2023US$2.0tUS$2.2tUS$304.5b6.1x6.7x0.9x
Sun, 25 Jun 2023US$1.9tUS$2.2tUS$307.3b5.3x6.1x0.8x
Price to Earnings Ratio

6.1x


Total Market Cap: US$1.9tTotal Earnings: US$307.3bTotal Revenue: US$2.2tTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Oil and Gas Industry Price to Earnings3Y Average 14.4x202420252026
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 21.4x which is higher than its 3-year average PE of 14.4x.
  • The 3-year average PS ratio of 1.2x is lower than the industry's current PS ratio of 1.4x.
Past Earnings Growth
  • The earnings for companies in the Oil and Gas industry have declined 28% 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 Trends

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

US Market1.98%
Energy-5.66%
Oil and Gas-5.57%
Coal and Fuels4.66%
Oil and Gas Storage and Transportation-2.48%
Integrated Oil and Gas-6.54%
Oil and Gas Exploration and Production-6.78%
Oil and Gas Refining and Marketing-7.23%
Industry PE
  • Investors are most optimistic about the Coal and Fuels industry which is trading above its 3-year average PE ratio of 33.3x.
    • Analysts are expecting annual earnings growth of 56.6%, which is higher than its past year's earnings decline of 27.4% per year.
  • Investors are most pessimistic about the Oil and Gas Refining and Marketing industry, which is trading below its 3-year average of 21.9x.
Forecasted Growth
  • Analysts are most optimistic on the Coal and Fuels industry, expecting annual earnings growth of 57% over the next 5 years.
  • This is better than its past earnings decline of 27% per year.
  • In contrast, the Oil and Gas Refining and Marketing industry is expected to see its earnings grow by 4.8% 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
UEC Uranium EnergyUS$11.4221.2%
+US$989.7m		71.7%PS279.8x
FRO FrontlineUS$38.857.1%
+US$572.1m		98.7%PE9.6x
LEU Centrus EnergyUS$170.3116.2%
+US$466.2m		-5.9%PE55.3x
DHT DHT HoldingsUS$18.119.1%
+US$243.2m		51.2%PE8.8x
NUAI New Era Energy & DigitalUS$5.7327.9%
+US$126.6m		939.9%PS426.4x

Latest News

LEU
US$170.31
Centrus Energy
7D
16.2%
1Y
-5.9%
VG
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7D
-16.9%
1Y
-39.6%
DVN
US$42.58
Devon Energy
7D
-8.6%
1Y
25.1%
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Scorpio Tankers
7D
2.1%
1Y
76.2%
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XOM
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Exxon Mobil
7D
-6.6%
1Y
24.3%
NAT
US$5.57
Nordic American Tankers
7D
7.5%
1Y
95.4%
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CVX
US$177.58
Chevron
7D
-6.4%
1Y
19.8%
MPC
US$244.61
Marathon Petroleum
7D
-7.1%
1Y
46.1%
VLO
US$239.77
Valero Energy
7D
-7.1%
1Y
72.0%
DHT
US$18.11
DHT Holdings
7D
9.1%
1Y
51.2%
UEC
US$11.42
Uranium Energy
7D
21.2%
1Y
71.7%
NUAI
US$5.73
New Era Energy & Digital
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27.9%
1Y
939.9%
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Phillips 66
7D
-8.0%
1Y
33.9%
COP
US$111.21
ConocoPhillips
7D
-7.3%
1Y
18.6%
FRO
US$38.85
Frontline
7D
7.1%
1Y
98.7%
LODE
US$4.68
Comstock
7D
25.8%
1Y
13.3%