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U.S. Energy Sector Analysis

UpdatedAug 05, 2026
DataAggregated Company Financials
Companies433
  • 7D1.7%
  • 3M1.8%
  • 1Y33.3%
  • YTD27.0%

The Energy industry is up 1.7% in the last week, with ConocoPhillips up 3.4%. This means that the industry has gained 33% over the past year. Looking forward, earnings are forecast to grow by 8.7% annually.

Sector Valuation and Performance

Has the U.S. Energy Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 05 Aug 2026US$3.0tUS$2.0tUS$153.9b16.3x19.4x1.5x
Fri, 03 Jul 2026US$2.7tUS$1.9tUS$125.0b16x21.7x1.4x
Sun, 31 May 2026US$2.9tUS$1.9tUS$125.1b16x22.8x1.5x
Tue, 28 Apr 2026US$2.9tUS$1.9tUS$134.4b17x21.8x1.6x
Thu, 26 Mar 2026US$3.1tUS$1.9tUS$130.6b18.2x23.9x1.7x
Sat, 21 Feb 2026US$2.8tUS$1.9tUS$130.0b17.1x21.6x1.5x
Mon, 19 Jan 2026US$2.5tUS$1.9tUS$126.3b16.6x19.6x1.3x
Wed, 17 Dec 2025US$2.3tUS$1.9tUS$126.2b14.7x18.4x1.2x
Fri, 14 Nov 2025US$2.3tUS$1.9tUS$125.5b15.7x18.6x1.3x
Sun, 12 Oct 2025US$2.2tUS$1.9tUS$125.9b13.4x17.7x1.2x
Tue, 09 Sep 2025US$2.3tUS$1.9tUS$125.9b13.4x18.1x1.2x
Thu, 07 Aug 2025US$2.3tUS$1.9tUS$128.8b12.4x17.5x1.2x
Sat, 05 Jul 2025US$2.3tUS$1.9tUS$134.5b12.3x17.2x1.2x
Mon, 02 Jun 2025US$2.2tUS$1.9tUS$134.6b11.3x16x1.1x
Wed, 30 Apr 2025US$2.2tUS$1.9tUS$140.3b11.3x15.6x1.1x
Fri, 28 Mar 2025US$2.5tUS$1.9tUS$143.9b13.1x17x1.3x
Sun, 23 Feb 2025US$2.4tUS$1.9tUS$150.0b12.9x16x1.3x
Tue, 21 Jan 2025US$2.5tUS$1.9tUS$158.7b12.7x15.7x1.3x
Thu, 19 Dec 2024US$2.3tUS$1.9tUS$158.5b11.4x14.3x1.2x
Sat, 16 Nov 2024US$2.4tUS$1.9tUS$159.6b12x15.3x1.3x
Mon, 14 Oct 2024US$2.4tUS$2.0tUS$175.8b11.7x13.7x1.2x
Wed, 11 Sep 2024US$2.2tUS$2.0tUS$172.5b10.9x12.8x1.1x
Fri, 09 Aug 2024US$2.2tUS$2.0tUS$173.7b10.8x12.9x1.1x
Sun, 07 Jul 2024US$2.3tUS$1.9tUS$176.1b11.3x12.9x1.2x
Tue, 04 Jun 2024US$2.3tUS$1.9tUS$176.4b11.3x13.2x1.2x
Thu, 02 May 2024US$2.4tUS$2.0tUS$193.4b10.8x12.4x1.2x
Sat, 30 Mar 2024US$2.4tUS$2.0tUS$206.3b10.2x11.8x1.2x
Mon, 26 Feb 2024US$2.2tUS$2.0tUS$207.9b9.5x10.7x1.1x
Wed, 24 Jan 2024US$2.2tUS$2.1tUS$242.2b8.3x9x1.1x
Fri, 22 Dec 2023US$2.3tUS$2.1tUS$242.3b8.7x9.3x1.1x
Sun, 19 Nov 2023US$2.2tUS$2.1tUS$242.6b8.8x9.1x1.1x
Tue, 17 Oct 2023US$2.4tUS$2.2tUS$272.8b7.5x8.8x1.1x
Thu, 14 Sep 2023US$2.4tUS$2.2tUS$272.6b7.8x8.9x1.1x
Sat, 12 Aug 2023US$2.7tUS$2.2tUS$272.9b8x10x1.3x
Price to Earnings Ratio

10x


Total Market Cap: US$2.7tTotal Earnings: US$272.9bTotal Revenue: US$2.2tTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Energy Sector Price to Earnings3Y Average 15.5x202420252026
Current Industry PE
  • Investors are optimistic on the American Energy industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 19.4x which is higher than its 3-year average PE of 15.5x.
  • The 3-year average PS ratio of 1.2x is lower than the industry's current PS ratio of 1.5x.
Past Earnings Growth
  • The earnings for companies in the Energy industry have declined 17% per year over the last three years.
  • Meanwhile revenues have remained mostly flat.
  • This means that although sales have remained flat, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Industry Trends

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

US Market4.85%
Energy1.66%
Energy Services4.22%
Oil and Gas1.38%
Industry PE
  • Investors are most optimistic about the Energy Services industry which is trading above its 3-year average PE ratio of 21.9x.
    • Analysts are expecting annual earnings growth of 22.8%, which is higher than its past year's earnings decline of 26.2% per year.
  • Investors are most pessimistic about the Oil and Gas industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 15.0x.
Forecasted Growth
  • Analysts are most optimistic on the Energy Services industry, expecting annual earnings growth of 23% over the next 5 years.
  • This is better than its past earnings decline of 26% per year.
  • In contrast, the Oil and Gas industry is expected to see its earnings grow by 7.1% 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
COP ConocoPhillipsUS$117.943.4%
+US$4.7b		26.5%PE19.7x
BKR Baker HughesUS$61.735.6%
+US$3.2b		40.9%PE19.8x
CVX ChevronUS$190.401.5%
+US$2.6b		24.4%PE18.1x
EOG EOG ResourcesUS$143.522.8%
+US$2.1b		21.9%PE13.9x
MPC Marathon PetroleumUS$312.612.1%
+US$1.9b		85.1%PE10.7x

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