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U.S. Oil and Gas Industry Analysis

UpdatedJul 03, 2026
DataAggregated Company Financials
Companies348
  • 7D-0.6%
  • 3M-9.8%
  • 1Y18.0%
  • YTD16.2%

Over the last 7 days, the Oil and Gas industry has remained flat, although notably Valero Energy gained 5.0%. As for the the longer term, the industry is up 18% over the past 12 months. 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
Fri, 03 Jul 2026US$2.4tUS$1.7tUS$116.0b13x20.9x1.4x
Sun, 31 May 2026US$2.5tUS$1.7tUS$116.1b13.1x21.8x1.5x
Tue, 28 Apr 2026US$2.6tUS$1.7tUS$125.4b14.9x20.7x1.5x
Thu, 26 Mar 2026US$2.8tUS$1.7tUS$122.4b16.4x22.9x1.6x
Sat, 21 Feb 2026US$2.5tUS$1.7tUS$122.3b14.5x20.5x1.5x
Mon, 19 Jan 2026US$2.2tUS$1.7tUS$117.7b13.7x18.9x1.3x
Wed, 17 Dec 2025US$2.1tUS$1.7tUS$117.7b12.8x17.8x1.2x
Fri, 14 Nov 2025US$2.1tUS$1.7tUS$116.8b14.3x18.2x1.2x
Sun, 12 Oct 2025US$2.0tUS$1.7tUS$115.9b13.2x17.6x1.2x
Tue, 09 Sep 2025US$2.1tUS$1.7tUS$115.9b12.7x17.9x1.2x
Thu, 07 Aug 2025US$2.1tUS$1.7tUS$118.3b12.8x17.5x1.2x
Sat, 05 Jul 2025US$2.1tUS$1.7tUS$122.4b12.5x17.3x1.2x
Mon, 02 Jun 2025US$2.0tUS$1.7tUS$122.3b11.7x16.2x1.1x
Wed, 30 Apr 2025US$2.0tUS$1.7tUS$127.8b11.8x15.7x1.2x
Fri, 28 Mar 2025US$2.2tUS$1.7tUS$130.5b13.1x17.2x1.3x
Sun, 23 Feb 2025US$2.2tUS$1.7tUS$137.0b12.2x15.9x1.3x
Tue, 21 Jan 2025US$2.3tUS$1.8tUS$144.9b12.1x15.5x1.3x
Thu, 19 Dec 2024US$2.1tUS$1.8tUS$144.9b10.7x14.2x1.2x
Sat, 16 Nov 2024US$2.2tUS$1.8tUS$146.1b11.3x15.2x1.3x
Mon, 14 Oct 2024US$2.2tUS$1.8tUS$161.0b10.9x13.6x1.2x
Wed, 11 Sep 2024US$2.0tUS$1.8tUS$157.8b9.7x12.7x1.1x
Fri, 09 Aug 2024US$2.0tUS$1.8tUS$159.1b10.1x12.7x1.1x
Sun, 07 Jul 2024US$2.0tUS$1.8tUS$162.2b10.5x12.6x1.2x
Tue, 04 Jun 2024US$2.1tUS$1.8tUS$162.5b10.7x12.8x1.2x
Thu, 02 May 2024US$2.2tUS$1.8tUS$179.4b9.6x12x1.2x
Sat, 30 Mar 2024US$2.2tUS$1.8tUS$193.2b9.4x11.3x1.2x
Mon, 26 Feb 2024US$2.0tUS$1.8tUS$195.3b8.5x10.2x1.1x
Wed, 24 Jan 2024US$2.0tUS$1.9tUS$230.1b7.6x8.5x1x
Fri, 22 Dec 2023US$2.0tUS$1.9tUS$230.1b7.8x8.8x1.1x
Sun, 19 Nov 2023US$2.0tUS$1.9tUS$230.5b7.8x8.6x1x
Tue, 17 Oct 2023US$2.1tUS$2.0tUS$261.6b6.6x8.2x1.1x
Thu, 14 Sep 2023US$2.1tUS$2.0tUS$261.4b6.6x8.2x1.1x
Sat, 12 Aug 2023US$2.1tUS$2.0tUS$261.8b6.8x8.1x1x
Mon, 10 Jul 2023US$1.9tUS$2.2tUS$307.3b5.5x6.3x0.9x
Price to Earnings Ratio

6.3x


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 14.6x202420252026
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 20.9x which is higher than its 3-year average PE of 14.6x.
  • 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 Market1.38%
Energy-1.12%
Oil and Gas-0.63%
Oil and Gas Refining and Marketing4.65%
Integrated Oil and Gas-1.05%
Oil and Gas Storage and Transportation-1.30%
Oil and Gas Exploration and Production-1.53%
Coal and Fuels-2.47%
Industry PE
  • Investors are most optimistic about the Coal and Fuels industry which is trading above its 3-year average PE ratio of 36.7x.
    • Analysts are expecting annual earnings growth of 65.5%, 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 22.1x.
Forecasted Growth
  • Analysts are most optimistic on the Coal and Fuels industry, expecting annual earnings growth of 65% 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 growth to stay flat over the next few years.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
VLO Valero EnergyUS$267.765.0%
+US$3.8b		85.2%PE18.9x
MPC Marathon PetroleumUS$266.355.0%
+US$3.7b		51.3%PE16.8x
LNG Cheniere EnergyUS$245.974.6%
+US$2.3b		2.7%PE35.3x
PSX Phillips 66US$176.422.7%
+US$1.9b		38.6%PE17.2x
TPL Texas Pacific LandUS$407.204.1%
+US$1.1b		13.5%PE55.8x

Latest News

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1Y
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Valero Energy: Refining Boom Can Outlive The Iran War

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11.8%
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4.6%
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2.7%
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7D
13.1%
1Y
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