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U.S. Energy Sector Analysis

UpdatedApr 24, 2024
DataAggregated Company Financials
Companies453
  • 7D2.2%
  • 3M13.6%
  • 1Y16.3%
  • YTD12.4%

The Energy industry is up 2.2% in the last week, with Chevron up 4.1%. This takes the industry's 12 month performance to a gain of 16%. As for the next few years, earnings are expected to grow by 2.8% per annum.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 24 Apr 2024US$2.5tUS$2.0tUS$206.2b10.6x11.9x1.2x
Fri, 22 Mar 2024US$2.4tUS$2.0tUS$206.3b9.9x11.5x1.2x
Sun, 18 Feb 2024US$2.2tUS$2.0tUS$215.2b9x10.2x1.1x
Tue, 16 Jan 2024US$2.2tUS$2.1tUS$242.2b8.6x9.2x1.1x
Thu, 14 Dec 2023US$2.2tUS$2.1tUS$242.4b8.4x8.9x1x
Sat, 11 Nov 2023US$2.2tUS$2.1tUS$242.7b8.7x9.1x1.1x
Mon, 09 Oct 2023US$2.3tUS$2.2tUS$272.8b7.3x8.4x1.1x
Wed, 06 Sep 2023US$2.4tUS$2.2tUS$272.6b7.8x8.8x1.1x
Fri, 04 Aug 2023US$2.6tUS$2.2tUS$275.7b7.9x9.5x1.2x
Sun, 02 Jul 2023US$2.5tUS$2.4tUS$315.8b7.1x7.9x1.1x
Tue, 30 May 2023US$2.4tUS$2.4tUS$316.0b7x7.6x1x
Thu, 27 Apr 2023US$2.2tUS$2.4tUS$281.5b6.7x7.7x0.9x
Sat, 25 Mar 2023US$2.1tUS$2.4tUS$280.8b6.6x7.3x0.9x
Mon, 20 Feb 2023US$2.2tUS$2.3tUS$272.7b7.4x8.2x1x
Wed, 18 Jan 2023US$2.4tUS$2.3tUS$257.2b8.1x9.2x1x
Fri, 16 Dec 2022US$2.2tUS$2.3tUS$257.1b8x8.7x1x
Sun, 13 Nov 2022US$2.5tUS$2.3tUS$256.2b8.6x9.6x1.1x
Tue, 11 Oct 2022US$2.2tUS$2.1tUS$190.9b10.1x11.3x1x
Thu, 08 Sep 2022US$2.1tUS$2.1tUS$190.7b10.5x11.2x1x
Sat, 06 Aug 2022US$2.0tUS$2.0tUS$182.3b10.3x10.9x1x
Mon, 04 Jul 2022US$1.9tUS$1.8tUS$110.4b12.8x17.5x1.1x
Wed, 01 Jun 2022US$2.3tUS$1.8tUS$110.1b15.5x20.9x1.3x
Fri, 29 Apr 2022US$2.0tUS$1.6tUS$90.2b15.6x22.4x1.3x
Sun, 27 Mar 2022US$2.1tUS$1.6tUS$91.7b15.8x23.2x1.3x
Tue, 22 Feb 2022US$1.8tUS$1.6tUS$78.3b16.6x22.9x1.2x
Thu, 20 Jan 2022US$1.7tUS$1.4tUS$22.2b18.8x78.4x1.3x
Sat, 18 Dec 2021US$1.5tUS$1.4tUS$22.6b16.3x65.1x1.1x
Mon, 15 Nov 2021US$1.6tUS$1.4tUS$23.4b18.3x68.2x1.2x
Wed, 13 Oct 2021US$1.6tUS$1.2t-US$15,613,417,725.0021.1x-102x1.3x
Fri, 10 Sep 2021US$1.3tUS$1.2t-US$17,792,029,158.1313.7x-73.6x1.1x
Sun, 08 Aug 2021US$1.3tUS$1.2t-US$16,086,788,527.1415.2x-83.5x1.1x
Sat, 01 May 2021US$1.3tUS$1.0t-US$59,400,657,075.4413.2x-22.1x1.3x
Price to Earnings Ratio

-22.1x


Total Market Cap: US$1.3tTotal Earnings: -US$59,400,657,075.44Total Revenue: US$1.0tTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Energy Sector Price to Earnings3Y Average 6x202220232024
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 11.9x which is higher than its 3-year average PE of 6.0x.
  • The 3-year average PS ratio of 1.1x is lower than the industry's current PS ratio of 1.2x.
Past Earnings Growth
  • Total earnings for the Energy industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 25% 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 sector?

US Market1.23%
Energy2.15%
Oil and Gas2.25%
Energy Services1.26%
Industry PE
  • Investors are most optimistic about the Energy Services industry even though it's trading below its 3-year average PE ratio of 27.0x.
    • Analysts are expecting annual earnings growth of 19.7%, which is lower than the prior year's growth of 81.1% 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.
Forecasted Growth
  • Analysts are most optimistic on the Energy Services industry, expecting annual earnings growth of 20% over the next 5 years.
  • However this is lower than its past earnings growth rate of 81% per year.
  • In contrast, the Oil and Gas industry is expected to see its earnings growth to stay flat 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$162.854.1%
+US$11.9b		-1.9%PE14.1x
XOM Exxon MobilUS$121.032.0%
+US$9.5b		4.8%PE13.3x
KMI Kinder MorganUS$18.765.6%
+US$2.2b		9.0%PE17x
HES HessUS$156.944.1%
+US$1.9b		9.8%PE34.9x
COP ConocoPhillipsUS$129.841.2%
+US$1.8b		29.2%PE13.9x
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1Y

24.2%

PXD

US$275.23

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2.8%

1Y

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US$17.18

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74.4%

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US$32.06

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7D

-0.6%

1Y

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US$156.94

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MPC

US$199.65

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-1.4%

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62.9%

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US$134.80

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1.8%

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16.5%

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