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U.S. Oil and Gas Industry Analysis

UpdatedAug 12, 2025
DataAggregated Company Financials
Companies345
  • 7D-1.9%
  • 3M-2.0%
  • 1Y-3.3%
  • YTD-4.9%

Over the last 7 days, the Oil and Gas industry has dropped 1.9%, driven by pullbacks in Venture Global and Exxon Mobil of 19% and 1.4%, respectively. The industry has fallen 3.3% in the last year. Looking forward, 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
Tue, 12 Aug 2025US$2.0tUS$1.7tUS$116.0b13x17.6x1.2x
Thu, 10 Jul 2025US$2.1tUS$1.7tUS$122.4b12.5x17.5x1.2x
Sat, 07 Jun 2025US$2.0tUS$1.7tUS$122.2b12.1x16.3x1.1x
Mon, 05 May 2025US$2.0tUS$1.7tUS$123.4b11.7x16x1.1x
Wed, 02 Apr 2025US$2.2tUS$1.7tUS$130.4b12.8x17.1x1.3x
Fri, 28 Feb 2025US$2.1tUS$1.7tUS$131.8b12.3x16.2x1.2x
Sun, 26 Jan 2025US$2.2tUS$1.8tUS$145.7b12x15.3x1.3x
Tue, 24 Dec 2024US$2.0tUS$1.8tUS$144.8b11.2x13.9x1.1x
Thu, 21 Nov 2024US$2.2tUS$1.8tUS$146.4b11.7x15.3x1.3x
Sat, 19 Oct 2024US$2.1tUS$1.8tUS$161.1b10.7x13.3x1.2x
Mon, 16 Sep 2024US$2.0tUS$1.8tUS$157.8b9.9x12.7x1.1x
Wed, 14 Aug 2024US$2.1tUS$1.8tUS$157.9b10.2x13.2x1.2x
Fri, 12 Jul 2024US$2.0tUS$1.8tUS$162.2b11x12.5x1.1x
Sun, 09 Jun 2024US$2.0tUS$1.8tUS$162.4b10.8x12.5x1.1x
Tue, 07 May 2024US$2.1tUS$1.8tUS$163.9b9.9x12.8x1.2x
Thu, 04 Apr 2024US$2.2tUS$1.8tUS$192.5b10x11.6x1.2x
Sat, 02 Mar 2024US$2.0tUS$1.8tUS$194.9b8.1x10.2x1.1x
Mon, 29 Jan 2024US$2.0tUS$1.9tUS$227.5b7.9x8.9x1.1x
Wed, 27 Dec 2023US$2.0tUS$1.9tUS$230.1b7.8x8.9x1.1x
Fri, 24 Nov 2023US$2.0tUS$1.9tUS$230.4b8x8.8x1.1x
Sun, 22 Oct 2023US$2.1tUS$2.0tUS$261.5b6.5x8.2x1.1x
Tue, 19 Sep 2023US$2.2tUS$2.0tUS$261.4b6.7x8.3x1.1x
Thu, 17 Aug 2023US$2.0tUS$2.0tUS$261.3b6.6x7.8x1x
Sat, 15 Jul 2023US$1.9tUS$2.2tUS$307.3b5.6x6.3x0.9x
Mon, 12 Jun 2023US$1.9tUS$2.2tUS$307.3b5.4x6.3x0.9x
Wed, 10 May 2023US$1.9tUS$2.2tUS$310.4b5.2x6.2x0.9x
Fri, 07 Apr 2023US$2.0tUS$2.2tUS$275.3b6x7.3x0.9x
Sun, 05 Mar 2023US$2.1tUS$2.2tUS$275.5b6.6x7.4x0.9x
Tue, 31 Jan 2023US$2.1tUS$2.2tUS$258.8b7x8.2x1x
Thu, 29 Dec 2022US$2.0tUS$2.2tUS$254.2b6.8x8x1x
Sat, 26 Nov 2022US$2.2tUS$2.1tUS$253.9b7.5x8.7x1x
Mon, 24 Oct 2022US$2.1tUS$1.9tUS$190.1b9.8x11.1x1.1x
Wed, 21 Sep 2022US$1.9tUS$1.9tUS$190.1b9.1x10.2x1x
Fri, 19 Aug 2022US$2.0tUS$1.9tUS$189.8b10.1x10.4x1x
Price to Earnings Ratio

10.4x


Total Market Cap: US$2.0tTotal Earnings: US$189.8bTotal 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 Market0.73%
Energy-1.90%
Oil and Gas-1.93%
Coal and Fuels0.73%
Integrated Oil and Gas-0.10%
Oil and Gas Exploration and Production-2.71%
Oil and Gas Refining and Marketing-3.47%
Oil and Gas Storage and Transportation-3.48%
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 12.2x.
    • Analysts are expecting annual earnings growth of 27.0%, 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 36% 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$154.440.9%
+US$46.1b		7.1%PE22.8x
OXY Occidental PetroleumUS$44.152.5%
+US$1.1b		-23.2%PE25.1x
TRGP Targa ResourcesUS$168.042.7%
+US$664.3m		23.0%PE23.7x
APA APAUS$20.4410.0%
+US$605.0m		-29.3%PE6.8x
COP ConocoPhillipsUS$94.591.5%
+US$480.8m		-12.7%PE12.9x

Latest News

FANG
US$136.84
Diamondback Energy
7D
-7.4%
1Y
-32.0%
XOM
US$105.83
Exxon Mobil
7D
-1.4%
1Y
-11.1%
CIVI
US$30.75
Civitas Resources
7D
7.3%
1Y
-50.3%
DVN
US$32.87
Devon Energy
7D
2.9%
1Y
-27.5%
LNG
US$230.05
Cheniere Energy
7D
-4.9%
1Y
25.5%
APA
US$19.92
APA
7D
7.2%
1Y
-31.1%
VG
US$12.07
Venture Global
7D
-19.2%
1Y
n/a
LEU
US$219.10
Centrus Energy
7D
4.3%
1Y
459.4%
CVX
US$153.45
Chevron
7D
1.6%
1Y
5.8%

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
MPC
US$158.59
Marathon Petroleum
7D
-5.6%
1Y
-10.1%

Results: Marathon Petroleum Corporation Beat Earnings Expectations And Analysts Now Have New Forecasts

Aug 08
Results: Marathon Petroleum Corporation Beat Earnings Expectations And Analysts Now Have New Forecasts
UEC
US$9.69
Uranium Energy
7D
5.2%
1Y
101.9%
PBT
US$16.38
Permian Basin Royalty Trust
7D
17.6%
1Y
52.5%
WMB
US$58.06
Williams Companies
7D
-3.7%
1Y
34.1%
OXY
US$43.71
Occidental Petroleum
7D
2.0%
1Y
-25.9%
OKE
US$73.65
ONEOK
7D
-7.7%
1Y
-13.5%
KMI
US$26.89
Kinder Morgan
7D
-4.9%
1Y
28.5%

Kinder Morgan (NYSE:KMI) Has Affirmed Its Dividend Of $0.2925

Jul 21
Kinder Morgan (NYSE:KMI) Has Affirmed Its Dividend Of $0.2925