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U.S. Oil and Gas Industry Analysis

UpdatedAug 31, 2025
DataAggregated Company Financials
Companies342
  • 7D2.3%
  • 3M7.5%
  • 1Y1.0%
  • YTD0.7%

Over the last 7 days, the Oil and Gas industry has risen 2.3%, driven by gains from Exxon Mobil of 2.7%. Meanwhile, Sable Offshore actually underperformed within the industry, shrinking 6.3% in the last week. Overall in the last year, the industry is flat. 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
Sun, 31 Aug 2025US$2.1tUS$1.7tUS$116.3b13.3x18.4x1.3x
Tue, 29 Jul 2025US$2.1tUS$1.7tUS$121.3b12.7x17.3x1.2x
Thu, 26 Jun 2025US$2.1tUS$1.7tUS$122.2b12.3x17.1x1.2x
Sat, 24 May 2025US$2.0tUS$1.7tUS$122.0b11.7x16.2x1.1x
Mon, 21 Apr 2025US$2.0tUS$1.7tUS$130.3b11.4x15.1x1.1x
Wed, 19 Mar 2025US$2.2tUS$1.7tUS$130.5b12.7x16.6x1.2x
Fri, 14 Feb 2025US$2.2tUS$1.7tUS$141.2b11.3x15.2x1.2x
Sun, 12 Jan 2025US$2.1tUS$1.8tUS$144.9b11.7x14.7x1.2x
Tue, 10 Dec 2024US$2.2tUS$1.8tUS$145.0b10.9x14.9x1.2x
Thu, 07 Nov 2024US$2.1tUS$1.8tUS$147.3b10.9x14.4x1.2x
Sat, 05 Oct 2024US$2.2tUS$1.8tUS$160.9b11x13.5x1.2x
Mon, 02 Sep 2024US$2.1tUS$1.8tUS$157.8b10.3x13.4x1.2x
Wed, 31 Jul 2024US$2.1tUS$1.8tUS$159.3b11.1x12.9x1.2x
Fri, 28 Jun 2024US$2.1tUS$1.8tUS$162.1b11.1x12.7x1.2x
Sun, 26 May 2024US$2.0tUS$1.8tUS$160.9b10.5x12.7x1.2x
Tue, 23 Apr 2024US$2.2tUS$1.8tUS$192.7b9.4x11.3x1.2x
Thu, 21 Mar 2024US$2.1tUS$1.8tUS$193.2b8.9x11x1.2x
Sat, 17 Feb 2024US$2.0tUS$1.8tUS$203.5b8.4x9.7x1.1x
Mon, 15 Jan 2024US$2.0tUS$1.9tUS$230.1b7.8x8.7x1.1x
Wed, 13 Dec 2023US$1.9tUS$1.9tUS$230.3b7.6x8.4x1x
Fri, 10 Nov 2023US$2.0tUS$1.9tUS$231.0b7.5x8.6x1x
Sun, 08 Oct 2023US$2.0tUS$2.0tUS$261.6b6.5x7.8x1x
Tue, 05 Sep 2023US$2.1tUS$2.0tUS$261.4b6.7x8.1x1.1x
Thu, 03 Aug 2023US$2.0tUS$2.1tUS$274.1b6.3x7.4x1x
Sat, 01 Jul 2023US$2.0tUS$2.2tUS$307.3b5.5x6.4x0.9x
Mon, 29 May 2023US$1.9tUS$2.2tUS$307.5b5.3x6.2x0.9x
Wed, 26 Apr 2023US$2.0tUS$2.2tUS$273.8b5.8x7.3x0.9x
Fri, 24 Mar 2023US$1.9tUS$2.2tUS$275.3b5.6x6.7x0.8x
Sun, 19 Feb 2023US$2.0tUS$2.2tUS$268.0b6.6x7.5x0.9x
Tue, 17 Jan 2023US$2.1tUS$2.2tUS$254.2b7.1x8.4x1x
Thu, 15 Dec 2022US$2.0tUS$2.2tUS$254.2b6.8x8x0.9x
Sat, 12 Nov 2022US$2.2tUS$2.1tUS$253.4b7.7x8.8x1x
Mon, 10 Oct 2022US$2.0tUS$1.9tUS$190.1b9.7x10.6x1x
Wed, 07 Sep 2022US$2.0tUS$1.9tUS$190.0b9.7x10.3x1x
Price to Earnings Ratio

10.3x


Total Market Cap: US$2.0tTotal Earnings: US$190.0bTotal Revenue: US$1.9tTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Oil and Gas Industry Price to Earnings3Y Average 11.3x202320242025
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 18.4x which is higher than its 3-year average PE of 11.3x.
  • 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 declined 15% per year over the last three years,
  • Revenues have also declined 4.7% 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 Market0.0096%
Energy2.25%
Oil and Gas2.27%
Oil and Gas Refining and Marketing4.37%
Coal and Fuels2.58%
Oil and Gas Exploration and Production2.45%
Integrated Oil and Gas2.32%
Oil and Gas Storage and Transportation1.35%
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 13.2x.
    • Analysts are expecting annual earnings growth of 27.7%, which is higher than its past year's earnings decline of 63.9% per year.
  • Investors are most pessimistic about the Oil and Gas Exploration and Production industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 10.5x.
Forecasted Growth
  • Analysts are most optimistic on the Coal and Fuels industry, expecting annual earnings growth of 42% over the next 5 years.
  • This is better than its past earnings decline of 55% per year.
  • In contrast, the Oil and Gas Storage and Transportation industry is expected to see its earnings grow by 10% 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
XOM Exxon MobilUS$114.292.7%
+US$12.8b
-3.1%PE15.7x
CVX ChevronUS$160.601.5%
+US$4.9b
8.6%PE23.8x
COP ConocoPhillipsUS$98.972.3%
+US$2.7b
-13.0%PE13.5x
MPC Marathon PetroleumUS$179.715.2%
+US$2.7b
1.5%PE25.6x
VLO Valero EnergyUS$152.014.6%
+US$2.1b
3.6%PE62.1x

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