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U.S. Oil and Gas Industry Analysis

UpdatedMay 19, 2025
DataAggregated Company Financials
Companies354
  • 7D1.2%
  • 3M-5.8%
  • 1Y-5.6%
  • YTD-3.4%

The Oil and Gas industry is up 1.2% in the last week, with Phillips 66 up 5.9%. However, the industry is down 5.6% over the past year. 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
Mon, 19 May 2025US$2.0tUS$1.7tUS$122.2b12.1x16.7x1.2x
Wed, 16 Apr 2025US$1.9tUS$1.7tUS$130.4b11.4x14.7x1.1x
Fri, 14 Mar 2025US$2.1tUS$1.7tUS$130.5b12.4x16x1.2x
Sun, 09 Feb 2025US$2.1tUS$1.7tUS$141.0b11.5x15x1.2x
Tue, 07 Jan 2025US$2.1tUS$1.8tUS$144.9b11.3x14.6x1.2x
Thu, 05 Dec 2024US$2.2tUS$1.8tUS$145.0b11.2x15.4x1.3x
Sat, 02 Nov 2024US$2.1tUS$1.8tUS$150.0b10.7x14x1.2x
Mon, 30 Sep 2024US$2.1tUS$1.8tUS$157.8b10.1x13.1x1.1x
Wed, 28 Aug 2024US$2.1tUS$1.8tUS$157.8b10.3x13.4x1.2x
Fri, 26 Jul 2024US$2.0tUS$1.8tUS$161.8b11x12.6x1.2x
Sun, 23 Jun 2024US$2.0tUS$1.8tUS$162.1b10.7x12.4x1.1x
Tue, 21 May 2024US$2.1tUS$1.8tUS$160.9b10.7x13.1x1.2x
Thu, 18 Apr 2024US$2.2tUS$1.8tUS$192.7b9.5x11.2x1.2x
Sat, 16 Mar 2024US$2.1tUS$1.8tUS$193.4b8.6x10.8x1.2x
Mon, 12 Feb 2024US$1.9tUS$1.8tUS$206.3b8.1x9.3x1x
Wed, 10 Jan 2024US$2.0tUS$1.9tUS$230.1b7.8x8.7x1x
Fri, 08 Dec 2023US$2.0tUS$1.9tUS$230.4b7.5x8.5x1x
Sun, 05 Nov 2023US$2.1tUS$1.9tUS$234.2b7.1x8.9x1.1x
Tue, 03 Oct 2023US$2.1tUS$2.0tUS$261.6b6.4x8.2x1.1x
Thu, 31 Aug 2023US$2.1tUS$2.0tUS$261.5b6.6x8x1x
Sat, 29 Jul 2023US$2.0tUS$2.1tUS$285.8b6.1x7.1x1x
Mon, 26 Jun 2023US$1.9tUS$2.2tUS$307.3b5.3x6.1x0.8x
Wed, 24 May 2023US$1.9tUS$2.2tUS$307.5b5.3x6.3x0.9x
Fri, 21 Apr 2023US$2.0tUS$2.2tUS$273.8b5.9x7.3x0.9x
Sun, 19 Mar 2023US$1.8tUS$2.2tUS$275.3b5.4x6.6x0.8x
Tue, 14 Feb 2023US$2.1tUS$2.2tUS$266.9b6.8x7.9x1x
Thu, 12 Jan 2023US$2.1tUS$2.2tUS$254.1b7x8.2x1x
Sat, 10 Dec 2022US$2.0tUS$2.2tUS$254.2b7x7.8x0.9x
Mon, 07 Nov 2022US$2.2tUS$2.1tUS$243.8b8.2x9x1x
Wed, 05 Oct 2022US$2.0tUS$1.9tUS$190.1b9.6x10.4x1x
Fri, 02 Sep 2022US$1.9tUS$1.9tUS$190.0b9.6x10.3x1x
Sun, 31 Jul 2022US$1.9tUS$1.8tUS$155.0b12x12.5x1.1x
Tue, 28 Jun 2022US$1.8tUS$1.7tUS$116.0b11.9x15.5x1.1x
Thu, 26 May 2022US$2.1tUS$1.6tUS$115.2b14x17.8x1.2x
Price to Earnings Ratio

17.8x


Total Market Cap: US$2.1tTotal Earnings: US$115.2bTotal Revenue: US$1.6tTotal 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 16.7x 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
  • Both revenue and earnings for companies in the Oil and Gas industry have remained mostly flat over the last three years.
  • This means that sales and the cost of doing business have remained relatively consistent over this period and subsequently, so have profits.

Industry Trends

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

US Market2.94%
Energy1.12%
Oil and Gas1.19%
Oil and Gas Refining and Marketing4.61%
Coal and Fuels3.36%
Oil and Gas Storage and Transportation2.46%
Oil and Gas Exploration and Production1.27%
Integrated Oil and Gas-0.54%
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 9.3x.
    • Analysts are expecting annual earnings growth of 27.3%, which is higher than its past year's earnings decline of 67.1% 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 27% over the next 5 years.
  • This is better than its past earnings decline of 67% per year.
  • In contrast, the Integrated Oil and Gas industry is expected to see its earnings grow by 9.3% 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
PSX Phillips 66US$125.735.9%
+US$2.9b
-12.9%PE27.8x
TPL Texas Pacific LandUS$1.43k6.7%
+US$2.1b
131.8%PE71.5x
WMB Williams CompaniesUS$58.792.9%
+US$2.0b
41.9%PE31.5x
MPC Marathon PetroleumUS$164.123.8%
+US$1.8b
-6.8%PE20.7x
KMI Kinder MorganUS$28.092.9%
+US$1.7b
41.6%PE24.3x
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Latest News

LNG

US$235.07

Cheniere Energy

7D

2.0%

1Y

47.1%

FANG

US$141.13

Diamondback Energy

7D

-1.3%

1Y

-28.7%

MPC

US$164.12

Marathon Petroleum

7D

3.8%

1Y

-6.8%

PSX

US$125.73

Phillips 66

7D

5.9%

1Y

-12.9%

OVV

US$37.33

Ovintiv

7D

-2.0%

1Y

-25.1%

MUR

US$22.08

Murphy Oil

7D

-3.9%

1Y

-48.4%

VG

US$9.79

Venture Global

7D

-1.2%

1Y

n/a

NFE

US$2.66

New Fortress Energy

7D

-61.2%

1Y

-90.3%

DVN

US$33.26

Devon Energy

7D

-0.9%

1Y

-33.5%

OXY

US$43.04

Occidental Petroleum

7D

-1.9%

1Y

-32.3%

VLO

US$135.74

Valero Energy

7D

4.0%

1Y

-17.1%

CVX

US$142.10

Chevron

7D

0.3%

1Y

-11.8%