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U.S. Oil and Gas Industry Analysis

UpdatedMay 12, 2025
DataAggregated Company Financials
Companies354
  • 7D2.4%
  • 3M-9.3%
  • 1Y-8.2%
  • YTD-6.5%

The Oil and Gas industry is up 2.4% in the last week, with Exxon Mobil up 3.9%. However, the industry is down 8.2% over the past year. Looking forward, earnings are forecast to grow by 12% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 13 May 2025US$2.0tUS$1.7tUS$122.7b11.8x16.1x1.1x
Thu, 10 Apr 2025US$1.8tUS$1.7tUS$130.3b11.6x14.1x1.1x
Sat, 08 Mar 2025US$2.0tUS$1.7tUS$130.7b12.3x15.6x1.2x
Mon, 03 Feb 2025US$2.2tUS$1.8tUS$143.8b12.2x15x1.2x
Wed, 01 Jan 2025US$2.0tUS$1.8tUS$144.8b11x14.1x1.2x
Fri, 29 Nov 2024US$2.2tUS$1.8tUS$145.0b11.5x15.5x1.3x
Sun, 27 Oct 2024US$2.1tUS$1.8tUS$158.7b10.5x13.4x1.2x
Tue, 24 Sep 2024US$2.1tUS$1.8tUS$157.8b10x13.2x1.2x
Thu, 22 Aug 2024US$2.1tUS$1.8tUS$157.8b10.2x13x1.1x
Sat, 20 Jul 2024US$2.1tUS$1.8tUS$162.1b11.3x13x1.2x
Mon, 17 Jun 2024US$2.0tUS$1.8tUS$162.2b10.4x12.2x1.1x
Wed, 15 May 2024US$2.1tUS$1.8tUS$161.2b10.6x13x1.2x
Fri, 12 Apr 2024US$2.2tUS$1.8tUS$192.6b10.1x11.6x1.2x
Sun, 10 Mar 2024US$2.0tUS$1.8tUS$193.6b8.6x10.5x1.1x
Tue, 06 Feb 2024US$1.9tUS$1.8tUS$206.1b7.7x9.3x1x
Thu, 04 Jan 2024US$2.1tUS$1.9tUS$230.1b7.9x9x1.1x
Sat, 02 Dec 2023US$2.0tUS$1.9tUS$230.4b7.8x8.8x1.1x
Mon, 30 Oct 2023US$2.0tUS$1.9tUS$240.0b6.6x8.4x1.1x
Wed, 27 Sep 2023US$2.1tUS$2.0tUS$261.4b6.5x8.2x1.1x
Fri, 25 Aug 2023US$2.0tUS$2.0tUS$261.2b6.5x7.8x1x
Sun, 23 Jul 2023US$2.0tUS$2.2tUS$307.2b5.9x6.5x0.9x
Tue, 20 Jun 2023US$1.9tUS$2.2tUS$307.3b5.4x6.3x0.9x
Thu, 18 May 2023US$1.9tUS$2.2tUS$307.5b5.1x6.2x0.9x
Sat, 15 Apr 2023US$2.1tUS$2.2tUS$273.8b6.2x7.5x0.9x
Mon, 13 Mar 2023US$1.9tUS$2.2tUS$274.9b5.9x7.1x0.9x
Wed, 08 Feb 2023US$2.1tUS$2.2tUS$267.2b6.7x7.7x0.9x
Fri, 06 Jan 2023US$2.0tUS$2.2tUS$254.2b6.8x8x0.9x
Sun, 04 Dec 2022US$2.2tUS$2.2tUS$254.1b7.4x8.5x1x
Tue, 01 Nov 2022US$2.2tUS$2.0tUS$220.7b9.1x9.9x1.1x
Thu, 29 Sep 2022US$1.8tUS$1.9tUS$190.1b8.7x9.6x0.9x
Sat, 27 Aug 2022US$2.1tUS$1.9tUS$189.9b10.2x10.8x1.1x
Mon, 25 Jul 2022US$1.8tUS$1.7tUS$117.5b12x15x1.1x
Wed, 22 Jun 2022US$1.9tUS$1.7tUS$116.0b12.3x16x1.1x
Fri, 20 May 2022US$1.9tUS$1.7tUS$115.2b13.4x16.9x1.2x
Price to Earnings Ratio

16.9x


Total Market Cap: US$1.9tTotal 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 16.1x 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
  • The earnings for companies in the Oil and Gas industry have grown 2.1% per year over the last three years, while revenues have remained mostly flat.
  • This means that companies overall are more efficiently conducting business since profits are increasing while sales have been flat.

Industry Trends

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

US Market0.30%
Energy2.32%
Oil and Gas2.39%
Oil and Gas Refining and Marketing4.18%
Integrated Oil and Gas3.35%
Oil and Gas Exploration and Production2.33%
Oil and Gas Storage and Transportation0.71%
Coal and Fuels-0.21%
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 9.1x.
    • Analysts are expecting annual earnings growth of 25.6%, which is higher than its past year's earnings decline of 62.8% 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 26% over the next 5 years.
  • This is better than its past earnings decline of 63% per year.
  • In contrast, the Oil and Gas Storage and Transportation 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
XOM Exxon MobilUS$109.165.7%
+US$25.4b		-7.4%PE14.2x
CVX ChevronUS$141.624.5%
+US$8.8b		-13.9%PE15.8x
COP ConocoPhillipsUS$92.275.3%
+US$5.7b		-24.1%PE12.2x
OXY Occidental PetroleumUS$43.8613.0%
+US$5.1b		-30.3%PE17.5x
PSX Phillips 66US$118.6811.0%
+US$4.8b		-18.2%PE26.2x
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7D

15.9%

1Y

n/a

XOM

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7D

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1Y

-7.4%

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COP

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PSX

US$118.68

Phillips 66

7D

11.0%

1Y

-18.2%

CTRA

US$24.13

Coterra Energy

7D

-4.5%

1Y

-13.7%

LNG

US$230.48

Cheniere Energy

7D

-2.1%

1Y

48.9%

CNR

US$68.41

Core Natural Resources

7D

-7.8%

1Y

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VLO

US$130.49

Valero Energy

7D

9.3%

1Y

-16.3%

WMB

US$57.13

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7D

-5.1%

1Y

44.0%

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MPC

US$158.14

Marathon Petroleum

7D

10.3%

1Y

-11.1%

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FRO

US$17.51

Frontline

7D

-1.6%

1Y

-34.1%

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OXY

US$43.86

Occidental Petroleum

7D

13.0%

1Y

-30.3%

GFR

US$4.20

Greenfire Resources

7D

-9.5%

1Y

-29.6%

DTM

US$100.17

DT Midstream

7D

-1.4%

1Y

54.7%

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CVX

US$141.62

Chevron

7D

4.5%

1Y

-13.9%

GLNG

US$37.95

Golar LNG

7D

-4.7%

1Y

44.4%