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U.S. Energy Sector Analysis

UpdatedMay 26, 2026
DataAggregated Company Financials
Companies440
  • 7D-2.0%
  • 3M8.0%
  • 1Y41.9%
  • YTD28.9%

Over the last 7 days, the Energy industry has dropped 1.7%, driven by Exxon Mobil declining 3.5%. This takes the industry's 12 month performance to a gain of 42%. Looking forward, earnings are forecast to grow by 12% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 26 May 2026US$3.0tUS$1.9tUS$124.9b16.8x24.2x1.6x
Thu, 23 Apr 2026US$2.9tUS$1.9tUS$133.7b17x21.5x1.5x
Sat, 21 Mar 2026US$3.0tUS$1.9tUS$130.6b17.7x23.1x1.6x
Mon, 16 Feb 2026US$2.8tUS$1.9tUS$129.0b16.9x21.5x1.5x
Wed, 14 Jan 2026US$2.4tUS$1.9tUS$126.3b16.3x19x1.3x
Fri, 12 Dec 2025US$2.4tUS$1.9tUS$124.8b15.7x19.1x1.3x
Sun, 09 Nov 2025US$2.3tUS$1.9tUS$125.0b15.1x18.5x1.2x
Tue, 07 Oct 2025US$2.3tUS$1.9tUS$125.9b13.9x18.5x1.3x
Thu, 04 Sep 2025US$2.3tUS$1.9tUS$126.4b13.4x18.6x1.3x
Sat, 02 Aug 2025US$2.3tUS$1.9tUS$133.4b12.3x17.3x1.2x
Mon, 30 Jun 2025US$2.2tUS$1.9tUS$134.4b11.9x16.7x1.2x
Wed, 28 May 2025US$2.2tUS$1.9tUS$134.3b11.6x16.1x1.1x
Fri, 25 Apr 2025US$2.1tUS$1.9tUS$143.5b11.4x14.9x1.1x
Sun, 23 Mar 2025US$2.4tUS$1.9tUS$143.9b13.1x16.7x1.3x
Tue, 18 Feb 2025US$2.4tUS$1.9tUS$154.7b12.3x15.5x1.3x
Thu, 16 Jan 2025US$2.4tUS$1.9tUS$158.5b12.5x15.3x1.3x
Sat, 14 Dec 2024US$2.4tUS$1.9tUS$158.5b11.9x14.8x1.2x
Mon, 11 Nov 2024US$2.4tUS$1.9tUS$160.5b11.6x15.1x1.3x
Wed, 09 Oct 2024US$2.4tUS$2.0tUS$175.7b11.9x13.8x1.2x
Fri, 06 Sep 2024US$2.2tUS$2.0tUS$172.5b11.1x13x1.1x
Sun, 04 Aug 2024US$2.3tUS$2.0tUS$172.0b11x13.2x1.2x
Tue, 02 Jul 2024US$2.3tUS$1.9tUS$176.1b11.4x13.1x1.2x
Thu, 30 May 2024US$2.3tUS$1.9tUS$175.0b11.2x13.2x1.2x
Sat, 27 Apr 2024US$2.5tUS$2.0tUS$197.1b11.1x12.5x1.2x
Mon, 25 Mar 2024US$2.4tUS$2.0tUS$206.4b9.7x11.5x1.2x
Wed, 21 Feb 2024US$2.2tUS$2.0tUS$215.4b9x10.1x1.1x
Fri, 19 Jan 2024US$2.2tUS$2.1tUS$242.2b8.2x8.9x1x
Sun, 17 Dec 2023US$2.2tUS$2.1tUS$242.3b8.6x9.3x1.1x
Tue, 14 Nov 2023US$2.3tUS$2.1tUS$242.6b8.8x9.3x1.1x
Thu, 12 Oct 2023US$2.3tUS$2.2tUS$272.8b7.6x8.6x1.1x
Sat, 09 Sep 2023US$2.4tUS$2.2tUS$272.6b7.8x8.8x1.1x
Mon, 07 Aug 2023US$2.6tUS$2.2tUS$274.0b7.9x9.5x1.2x
Wed, 05 Jul 2023US$2.5tUS$2.4tUS$315.8b7x7.9x1.1x
Fri, 02 Jun 2023US$2.4tUS$2.4tUS$315.6b6.9x7.5x1x
Price to Earnings Ratio

7.5x


Total Market Cap: US$2.4tTotal Earnings: US$315.6bTotal Revenue: US$2.4tTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Energy Sector Price to Earnings3Y Average 14.5x202420252026
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 24.2x which is higher than its 3-year average PE of 14.5x.
  • The 3-year average PS ratio of 1.2x is lower than the industry's current PS ratio of 1.6x.
Past Earnings Growth
  • The earnings for companies in the Energy industry have declined 27% per year over the last three years,
  • Revenues have also declined 7.0% 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 sector?

US Market1.21%
Energy-1.95%
Energy Services-1.89%
Oil and Gas-1.96%
Industry PE
  • Investors are most optimistic about the Energy Services industry which is trading above its 3-year average PE ratio of 23.6x.
    • Analysts are expecting annual earnings growth of 21.3%, 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 14.0x.
Forecasted Growth
  • Analysts are most optimistic on the Energy Services industry, expecting annual earnings growth of 21% 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 11% 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
UEC Uranium EnergyUS$13.029.3%
+US$544.1m		97.9%PS316x
TPL Texas Pacific LandUS$402.031.9%
+US$514.5m		-3.0%PE55.1x
LEU Centrus EnergyUS$179.366.1%
+US$203.8m		40.3%PE58.2x
LPG DorianGUS$46.4610.9%
+US$197.1m		115.6%PE10.3x
SLB SLBUS$57.280.2%
+US$194.4m		70.2%PE25.7x

Latest News

LEU
US$179.36
Centrus Energy
7D
6.1%
1Y
40.3%
TPL
US$402.03
Texas Pacific Land
7D
1.9%
1Y
-3.0%
CVX
US$191.43
Chevron
7D
-3.0%
1Y
38.9%
DVN
US$47.22
Devon Energy
7D
-5.0%
1Y
50.6%
COP
US$120.46
ConocoPhillips
7D
-3.7%
1Y
40.8%
SEI
US$74.27
Solaris Energy Infrastructure
7D
3.0%
1Y
174.6%
PSX
US$177.69
Phillips 66
7D
-2.6%
1Y
55.4%
Narrative Update • May 22

PSX: Future Cash Flows Will Reflect Refining Execution And Midstream Buildout

The analyst price target for Phillips 66 has been raised from $180.95 to $187.42 as analysts factor in the company's efforts to improve refining operations, its progress toward a $4.5b Midstream EBITDA goal, and expectations for supportive refining and chemical margins. Analyst Commentary Recent Street research on Phillips 66 has centered on refining execution, Midstream growth targets, and how the current margin setup could influence earnings and valuation.
LPG
US$46.46
DorianG
7D
10.9%
1Y
115.6%
VG
US$13.83
Venture Global
7D
-6.4%
1Y
11.7%
VLO
US$246.96
Valero Energy
7D
-6.0%
1Y
88.9%
Narrative Update • May 20

VLO: Higher Oil Assumptions And Mixed Ratings Will Shape But Limit Future Upside

Analyst fair value estimates for Valero Energy have shifted up by about $9 to $256, with the change framed around a higher assumed future P/E of roughly 15x, as well as recent rounds of price target increases across several firms, offset in part by a few new cautious ratings. Analyst Commentary Recent research on Valero Energy has been active, with several firms adjusting price targets and a few shifting ratings.
XOM
US$154.92
Exxon Mobil
7D
-4.7%
1Y
49.7%
CLMT
US$34.22
Calumet
7D
6.2%
1Y
134.1%
SLB
US$57.28
SLB
7D
0.2%
1Y
70.2%
UEC
US$13.02
Uranium Energy
7D
9.3%
1Y
97.9%
TRGP
US$276.75
Targa Resources
7D
0.2%
1Y
71.4%
MPC
US$254.65
Marathon Petroleum
7D
-3.2%
1Y
56.9%