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U.S. Oil and Gas Industry Analysis

UpdatedAug 18, 2025
DataAggregated Company Financials
Companies343
  • 7D1.0%
  • 3M1.7%
  • 1Y-3.3%
  • YTD-3.8%

Over the last 7 days, the Oil and Gas industry has risen 1.0%, driven by gains from Chevron of 2.0%. In contrast, the industry has lost 3.3% in the last 12 months. As for the next few years, earnings are expected to grow by 13% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 18 Aug 2025US$2.0tUS$1.7tUS$116.2b13.1x17.6x1.2x
Wed, 16 Jul 2025US$2.1tUS$1.7tUS$122.4b12.3x17.5x1.2x
Fri, 13 Jun 2025US$2.1tUS$1.7tUS$122.2b12.6x17.2x1.2x
Sun, 11 May 2025US$2.0tUS$1.7tUS$122.7b11.8x16.3x1.1x
Tue, 08 Apr 2025US$1.9tUS$1.7tUS$130.3b11.1x14.6x1.1x
Thu, 06 Mar 2025US$2.1tUS$1.7tUS$130.0b12.3x16x1.2x
Sat, 01 Feb 2025US$2.2tUS$1.8tUS$143.9b12.2x15.4x1.3x
Mon, 30 Dec 2024US$2.0tUS$1.8tUS$144.8b10.9x14.1x1.2x
Wed, 27 Nov 2024US$2.2tUS$1.8tUS$145.1b11.6x15.3x1.3x
Fri, 25 Oct 2024US$2.1tUS$1.8tUS$158.7b10.5x13.4x1.2x
Sun, 22 Sep 2024US$2.1tUS$1.8tUS$157.8b10x13.2x1.2x
Tue, 20 Aug 2024US$2.1tUS$1.8tUS$157.8b10.5x13.3x1.2x
Thu, 18 Jul 2024US$2.1tUS$1.8tUS$162.1b11.3x12.9x1.2x
Sat, 15 Jun 2024US$2.0tUS$1.8tUS$162.2b10.4x12.3x1.1x
Mon, 13 May 2024US$2.1tUS$1.8tUS$161.3b10.7x13x1.2x
Wed, 10 Apr 2024US$2.2tUS$1.8tUS$192.6b10x11.6x1.2x
Fri, 08 Mar 2024US$2.0tUS$1.8tUS$193.7b8.5x10.5x1.1x
Sun, 04 Feb 2024US$2.0tUS$1.9tUS$216.2b7.8x9.3x1.1x
Tue, 02 Jan 2024US$2.0tUS$1.9tUS$230.1b7.7x8.8x1.1x
Thu, 30 Nov 2023US$2.0tUS$1.9tUS$230.4b7.7x8.8x1.1x
Sat, 28 Oct 2023US$2.0tUS$1.9tUS$240.0b6.6x8.4x1.1x
Mon, 25 Sep 2023US$2.1tUS$2.0tUS$261.4b6.4x8.1x1x
Wed, 23 Aug 2023US$2.1tUS$2.0tUS$261.2b6.6x7.9x1x
Fri, 21 Jul 2023US$2.0tUS$2.2tUS$307.2b5.8x6.5x0.9x
Sun, 18 Jun 2023US$1.9tUS$2.2tUS$307.3b5.4x6.3x0.9x
Tue, 16 May 2023US$1.9tUS$2.2tUS$307.5b5x6.2x0.9x
Thu, 13 Apr 2023US$2.0tUS$2.2tUS$273.8b6.2x7.5x0.9x
Sat, 11 Mar 2023US$1.9tUS$2.2tUS$274.9b5.9x7.1x0.9x
Mon, 06 Feb 2023US$2.0tUS$2.2tUS$267.1b6.6x7.7x0.9x
Wed, 04 Jan 2023US$2.0tUS$2.2tUS$254.2b6.7x7.9x0.9x
Fri, 02 Dec 2022US$2.2tUS$2.1tUS$254.1b7.5x8.5x1x
Sun, 30 Oct 2022US$2.2tUS$2.0tUS$220.5b9.3x9.8x1.1x
Tue, 27 Sep 2022US$1.7tUS$1.9tUS$190.1b8.1x9x0.9x
Thu, 25 Aug 2022US$2.1tUS$1.9tUS$189.9b10.2x10.8x1.1x
Price to Earnings Ratio

10.8x


Total Market Cap: US$2.1tTotal Earnings: US$189.9bTotal Revenue: US$1.9tTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Oil and Gas Industry Price to Earnings3Y Average 11.2x202320242025
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 17.6x which is higher than its 3-year average PE of 11.2x.
  • The 3-year average PS ratio of 1.1x is lower than the industry's current PS ratio of 1.2x.
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 Market1.29%
Energy1.02%
Oil and Gas1.02%
Oil and Gas Refining and Marketing3.70%
Oil and Gas Exploration and Production1.29%
Integrated Oil and Gas1.24%
Oil and Gas Storage and Transportation-0.24%
Coal and Fuels-1.82%
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 12.5x.
    • Analysts are expecting annual earnings growth of 27.8%, 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 10.4x.
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
CVX ChevronUS$156.552.0%
+US$6.3b		6.6%PE23.2x
XOM Exxon MobilUS$106.490.6%
+US$2.8b		-10.2%PE14.6x
COP ConocoPhillipsUS$95.331.9%
+US$2.2b		-14.7%PE13x
PSX Phillips 66US$123.614.4%
+US$2.1b		-11.3%PE29.2x
VLO Valero EnergyUS$136.803.8%
+US$1.6b		-7.7%PE55.9x

Latest News

KMI
US$26.67
Kinder Morgan
7D
-0.8%
1Y
24.9%

Kinder Morgan (NYSE:KMI) Takes On Some Risk With Its Use Of Debt

Aug 17
Kinder Morgan (NYSE:KMI) Takes On Some Risk With Its Use Of Debt
TRGP
US$163.19
Targa Resources
7D
-1.8%
1Y
12.9%
MPC
US$162.34
Marathon Petroleum
7D
2.4%
1Y
-9.3%
PSX
US$123.61
Phillips 66
7D
4.4%
1Y
-11.3%
AM
US$17.91
Antero Midstream
7D
-3.0%
1Y
21.3%
VG
US$12.49
Venture Global
7D
3.5%
1Y
n/a
LEU
US$183.41
Centrus Energy
7D
-16.3%
1Y
369.7%
XOM
US$106.49
Exxon Mobil
7D
0.6%
1Y
-10.2%
COP
US$95.33
ConocoPhillips
7D
1.9%
1Y
-14.7%
EOG
US$118.99
EOG Resources
7D
1.8%
1Y
-7.2%
CVX
US$156.55
Chevron
7D
2.0%
1Y
6.6%

Chevron's (NYSE:CVX) Shareholders Have More To Worry About Than Only Soft Earnings

Aug 08
Chevron's (NYSE:CVX) Shareholders Have More To Worry About Than Only Soft Earnings
WMB
US$57.46
Williams Companies
7D
-1.0%
1Y
27.6%
CNR
US$71.00
Core Natural Resources
7D
-5.6%
1Y
-25.9%
EXE
US$95.13
Expand Energy
7D
-2.9%
1Y
28.2%
NEXT
US$9.73
NextDecade
7D
-9.1%
1Y
106.5%
VLO
US$136.80
Valero Energy
7D
3.8%
1Y
-7.7%