Investing IdeasBrowse All StocksMarkets
Have your own idea? Try our Stock Screener
Header cover image

U.S. Energy Sector Analysis

UpdatedFeb 08, 2026
DataAggregated Company Financials
Companies441
  • 7D3.7%
  • 3M16.7%
  • 1Y15.9%
  • YTD15.5%

In the last week, the Energy industry is up 3.7%, with Exxon Mobil up 5.4%. Meanwhile, Comstock Resources actually underperformed within the industry, shrinking 11% in the last week. This takes the industry's 12 month performance to a gain of 16%. 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
Mon, 09 Feb 2026US$2.7tUS$1.9tUS$128.1b16.5x21.3x1.5x
Wed, 07 Jan 2026US$2.4tUS$1.9tUS$126.3b15.8x19.1x1.3x
Fri, 05 Dec 2025US$2.4tUS$1.9tUS$124.8b16.1x19x1.3x
Sun, 02 Nov 2025US$2.3tUS$1.9tUS$126.3b14.3x18.1x1.2x
Tue, 30 Sep 2025US$2.4tUS$1.9tUS$125.9b14.1x19.1x1.3x
Thu, 28 Aug 2025US$2.3tUS$1.9tUS$126.5b13.5x18.2x1.2x
Sat, 26 Jul 2025US$2.3tUS$1.9tUS$132.9b12.4x17.4x1.2x
Mon, 23 Jun 2025US$2.4tUS$1.9tUS$134.4b12.4x17.5x1.2x
Wed, 21 May 2025US$2.2tUS$1.9tUS$134.5b11.5x16.5x1.2x
Fri, 18 Apr 2025US$2.1tUS$1.9tUS$143.7b11.3x14.6x1.1x
Sun, 16 Mar 2025US$2.3tUS$1.9tUS$144.0b12.6x16.2x1.2x
Tue, 11 Feb 2025US$2.4tUS$1.9tUS$155.8b12.5x15.3x1.2x
Thu, 09 Jan 2025US$2.3tUS$1.9tUS$158.5b11.9x14.8x1.2x
Sat, 07 Dec 2024US$2.4tUS$1.9tUS$158.5b11.9x15.3x1.3x
Mon, 04 Nov 2024US$2.3tUS$1.9tUS$164.0b11.2x13.9x1.2x
Wed, 02 Oct 2024US$2.3tUS$2.0tUS$175.3b11.6x13x1.2x
Fri, 30 Aug 2024US$2.3tUS$2.0tUS$172.3b11.4x13.3x1.2x
Sun, 28 Jul 2024US$2.3tUS$1.9tUS$174.7b11.7x13.3x1.2x
Tue, 25 Jun 2024US$2.2tUS$1.9tUS$176.0b11.4x12.7x1.2x
Thu, 23 May 2024US$2.3tUS$1.9tUS$174.8b11.1x13.4x1.2x
Sat, 20 Apr 2024US$2.4tUS$2.0tUS$206.1b10.4x11.7x1.2x
Mon, 18 Mar 2024US$2.3tUS$2.0tUS$206.4b9.5x11.3x1.2x
Wed, 14 Feb 2024US$2.1tUS$2.0tUS$218.6b8.6x9.8x1.1x
Fri, 12 Jan 2024US$2.2tUS$2.1tUS$242.2b8.5x9.1x1.1x
Sun, 10 Dec 2023US$2.2tUS$2.1tUS$242.4b8.4x9x1.1x
Tue, 07 Nov 2023US$2.3tUS$2.1tUS$248.1b8.4x9.4x1.1x
Thu, 05 Oct 2023US$2.4tUS$2.2tUS$272.7b7.3x8.7x1.1x
Sat, 02 Sep 2023US$2.4tUS$2.2tUS$272.6b7.8x8.8x1.1x
Mon, 31 Jul 2023US$2.6tUS$2.3tUS$296.7b7.4x8.8x1.1x
Wed, 28 Jun 2023US$2.4tUS$2.4tUS$315.8b6.9x7.7x1x
Fri, 26 May 2023US$2.5tUS$2.4tUS$316.0b7.1x7.8x1x
Sun, 23 Apr 2023US$2.2tUS$2.4tUS$279.9b6.8x7.9x0.9x
Tue, 21 Mar 2023US$2.1tUS$2.4tUS$280.7b6.5x7.3x0.9x
Thu, 16 Feb 2023US$2.3tUS$2.3tUS$272.1b8.1x8.6x1x
Price to Earnings Ratio

8.6x


Total Market Cap: US$2.3tTotal Earnings: US$272.1bTotal Revenue: US$2.3tTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Energy Sector Price to Earnings3Y Average 13.1x202420252026
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 21.3x which is higher than its 3-year average PE of 13.0x.
  • 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 22% per year over the last three years,
  • Revenues have also declined 7.4% 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 Market-0.071%
Energy3.69%
Energy Services5.24%
Oil and Gas3.51%
Industry PE
  • Investors are most optimistic about the Energy Services industry which is trading above its 3-year average PE ratio of 23.9x.
    • Analysts are expecting annual earnings growth of 18.5%, which is higher than its past year's earnings decline of 18.4% 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 12.6x.
Forecasted Growth
  • Analysts are most optimistic on the Energy Services industry, expecting annual earnings growth of 19% over the next 5 years.
  • This is better than its past earnings decline of 18% 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
XOM Exxon MobilUS$149.055.4%
+US$32.0b		36.9%PE21.6x
CVX ChevronUS$180.862.2%
+US$7.8b		18.5%PE29.1x
MPC Marathon PetroleumUS$203.0015.2%
+US$6.9b		35.2%PE14.8x
VLO Valero EnergyUS$202.6811.7%
+US$6.5b		52.3%PE26.3x
PSX Phillips 66US$157.809.9%
+US$5.7b		31.2%PE14.4x

Latest News

COP
US$107.62
ConocoPhillips
7D
3.3%
1Y
9.4%
LEU
US$263.47
Centrus Energy
7D
-5.3%
1Y
141.9%

LEU: DOE Funding For Domestic Nuclear Fuel Will Drive Long-Term Upside

The analyst price target for Centrus Energy has been adjusted as firms weighed the recent mix of price target increases of up to US$55 and reductions of US$55, along with updated assumptions for growth, margins and future P/E multiples tied to the US$900m Department of Energy award for HALEU capacity expansion. Analyst Commentary Recent Street research around Centrus Energy has been mixed, but there is a clear group of bullish analysts focusing on the US$900m Department of Energy award as a key driver for their updated views on valuation and execution risk.
BKR
US$58.92
Baker Hughes
7D
5.1%
1Y
27.5%
UEC
US$16.12
Uranium Energy
7D
-6.5%
1Y
131.9%
SLB
US$50.70
SLB
7D
4.8%
1Y
26.2%

SLB: Repositioning Toward Production And Venezuela Optionality Will Shape Future Upside Risk Balance

The analyst price target for SLB has been lifted to US$54.08 from US$45.31 as analysts factor in updated Street research that points to slightly lower growth and discount rate assumptions, along with higher profit margin and P/E expectations for the stock. Analyst Commentary Recent Street research on SLB reflects an active debate around how much upside remains in the shares, but with a clear tilt toward higher valuation assumptions as more firms lift their price targets.
CVX
US$180.86
Chevron
7D
2.2%
1Y
18.5%

Chevron (NYSE:CVX) Has Announced That It Will Be Increasing Its Dividend To $1.78

Feb 06
Chevron (NYSE:CVX) Has Announced That It Will Be Increasing Its Dividend To $1.78
EQT
US$56.79
EQT
7D
-1.6%
1Y
11.1%
PSX
US$157.80
Phillips 66
7D
9.9%
1Y
31.2%
CRK
US$21.57
Comstock Resources
7D
-11.4%
1Y
24.5%

CRK: Lower Margin Assumptions Will Pressure Future P/E Support

Analysts have revised their fair value estimate for Comstock Resources to approximately $8.76, down from $10.00. This change reflects updated views on discount rates, profit margins, and future P/E assumptions following recent mixed price target moves and rating changes from the Street.
EXE
US$110.37
Expand Energy
7D
-1.8%
1Y
7.2%
MPC
US$203.00
Marathon Petroleum
7D
15.2%
1Y
35.2%
XOM
US$149.05
Exxon Mobil
7D
5.4%
1Y
36.9%
AR
US$34.37
Antero Resources
7D
-5.5%
1Y
-9.2%
WMB
US$66.92
Williams Companies
7D
-0.5%
1Y
19.6%

Williams Companies (NYSE:WMB) Will Pay A Larger Dividend Than Last Year At $0.525

Jan 31
Williams Companies (NYSE:WMB) Will Pay A Larger Dividend Than Last Year At $0.525
VLO
US$202.68
Valero Energy
7D
11.7%
1Y
52.3%
RRC
US$36.57
Range Resources
7D
-3.4%
1Y
-1.8%