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U.S. Oil and Gas Industry Analysis

UpdatedSep 27, 2024
DataAggregated Company Financials
Companies345
  • 7D-2.9%
  • 3M-5.4%
  • 1Y-4.3%
  • YTD3.2%

Over the last 7 days, the Oil and Gas industry has dropped 2.9%, driven by Exxon Mobil declining 2.8%. However, the industry is down 4.3% over the past year. As for the next few years, earnings are expected to grow by 6.3% 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, 27 Sep 2024US$2.1tUS$1.8tUS$157.8b9.9x13.1x1.1x
Sun, 25 Aug 2024US$2.1tUS$1.8tUS$157.8b10.4x13.1x1.1x
Tue, 23 Jul 2024US$2.1tUS$1.8tUS$162.1b11.3x12.9x1.2x
Thu, 20 Jun 2024US$2.0tUS$1.8tUS$162.2b10.5x12.3x1.1x
Sat, 18 May 2024US$2.1tUS$1.8tUS$161.1b10.6x13x1.2x
Mon, 15 Apr 2024US$2.2tUS$1.8tUS$192.6b10.1x11.5x1.2x
Wed, 13 Mar 2024US$2.0tUS$1.8tUS$193.4b8.5x10.6x1.1x
Fri, 09 Feb 2024US$1.9tUS$1.8tUS$205.4b8x9.4x1.1x
Sun, 07 Jan 2024US$2.0tUS$1.9tUS$230.1b7.8x8.9x1.1x
Tue, 05 Dec 2023US$2.0tUS$1.9tUS$230.4b7.8x8.8x1.1x
Thu, 02 Nov 2023US$2.0tUS$1.9tUS$239.1b6.8x8.5x1.1x
Sat, 30 Sep 2023US$2.2tUS$2.0tUS$261.5b6.6x8.3x1.1x
Mon, 28 Aug 2023US$2.1tUS$2.0tUS$261.4b6.5x7.9x1x
Wed, 26 Jul 2023US$2.0tUS$2.2tUS$306.8b6x6.7x0.9x
Fri, 23 Jun 2023US$1.9tUS$2.2tUS$307.3b5.3x6.2x0.9x
Sun, 21 May 2023US$1.9tUS$2.2tUS$307.4b5.3x6.2x0.9x
Tue, 18 Apr 2023US$2.0tUS$2.2tUS$273.8b6.2x7.4x0.9x
Thu, 16 Mar 2023US$1.8tUS$2.2tUS$274.9b5.4x6.7x0.8x
Sat, 11 Feb 2023US$2.1tUS$2.2tUS$267.8b6.8x8x1x
Mon, 09 Jan 2023US$2.1tUS$2.2tUS$254.2b6.8x8.1x1x
Wed, 07 Dec 2022US$2.0tUS$2.2tUS$254.2b7x8x0.9x
Fri, 04 Nov 2022US$2.1tUS$2.1tUS$230.5b8.6x9.3x1x
Sun, 02 Oct 2022US$1.8tUS$1.9tUS$190.1b8.8x9.5x0.9x
Tue, 30 Aug 2022US$2.1tUS$1.9tUS$189.9b10.2x10.9x1.1x
Thu, 28 Jul 2022US$1.8tUS$1.7tUS$118.4b12.7x15.4x1.1x
Sat, 25 Jun 2022US$1.7tUS$1.7tUS$116.0b11.6x14.8x1x
Mon, 23 May 2022US$2.0tUS$1.7tUS$115.2b13.3x16.9x1.2x
Wed, 20 Apr 2022US$2.0tUS$1.5tUS$97.5b15.3x20.1x1.3x
Fri, 18 Mar 2022US$1.7tUS$1.5tUS$96.8b15.1x17.9x1.2x
Sun, 13 Feb 2022US$1.7tUS$1.4tUS$79.5b17.8x21.3x1.2x
Tue, 11 Jan 2022US$1.5tUS$1.2tUS$31.0b17x48.7x1.2x
Thu, 09 Dec 2021US$1.4tUS$1.3tUS$32.1b16.4x44x1.1x
Sat, 06 Nov 2021US$1.5tUS$1.2tUS$21.8b19.7x67x1.2x
Mon, 04 Oct 2021US$1.4tUS$1.1t-US$4,697,640,859.0019.6x-288.1x1.2x
Price to Earnings Ratio

-288.1x


Total Market Cap: US$1.4tTotal Earnings: -US$4,697,640,859.00Total Revenue: US$1.1tTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Oil and Gas Industry Price to Earnings3Y Average 4.2x202220232024
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 13.1x which is higher than its 3-year average PE of 4.2x.
  • The industry is trading close to its 3-year average PS ratio of 1.1x.
Past Earnings Growth
  • Total earnings for the Oil and Gas industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 18% per year.
  • This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.

Industry Trends

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

US Market0.60%
Energy-3.11%
Oil and Gas-2.90%
Coal and Fuels11.16%
Oil and Gas Storage and Transportation-1.58%
Oil and Gas Refining and Marketing-1.93%
Integrated Oil and Gas-2.62%
Oil and Gas Exploration and Production-5.13%
Industry PE
  • Investors are most optimistic about the Oil and Gas Storage and Transportation industry, which is trading close to its 3-year average PE ratio of 14.7x.
    • Analysts are expecting annual earnings growth of 7.6%, which is higher than its past year's earnings growth of 0.4% per year.
  • Investors are most pessimistic about the Oil and Gas Refining and Marketing industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average.
Forecasted Growth
  • Analysts are most optimistic on the Oil and Gas Exploration and Production industry, expecting annual earnings growth of 12% over the next 5 years.
  • This is better than its past earnings decline of 43% per year.
  • In contrast, the Coal and Fuels industry is expected to see its earnings decline by 17% 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
CHK Chesapeake EnergyUS$80.304.9%
+US$489.7m
-7.4%PE24.1x
EQT EQTUS$35.512.2%
+US$463.3m
-12.2%PE30.3x
SWN Southwestern EnergyUS$6.986.4%
+US$463.2m
7.1%PS1.4x
UEC Uranium EnergyUS$6.3719.7%
+US$429.2m
13.8%PS66.5x
BTU Peabody EnergyUS$25.8013.1%
+US$376.4m
0.5%PE5.9x
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FANG

US$168.86

Diamondback Energy

7D

-7.0%

1Y

7.5%

OKE

US$89.15

ONEOK

7D

-4.9%

1Y

37.4%

CRK

US$10.93

Comstock Resources

7D

7.9%

1Y

-1.3%

COP

US$102.31

ConocoPhillips

7D

-7.5%

1Y

-16.6%

BTU

US$25.80

Peabody Energy

7D

13.1%

1Y

0.5%

UEC

US$6.37

Uranium Energy

7D

19.7%

1Y

13.8%

DVN

US$37.87

Devon Energy

7D

-7.6%

1Y

-22.4%

LEU

US$54.79

Centrus Energy

7D

32.2%

1Y

-8.2%

SWN

US$6.98

Southwestern Energy

7D

6.4%

1Y

7.1%