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U.S. Gas Utilities Industry Analysis

UpdatedApr 25, 2024
DataAggregated Company Financials
Companies14
  • 7D5.2%
  • 3M6.5%
  • 1Y-4.7%
  • YTD2.0%

Over the last 7 days, the Gas Utilities industry has risen 4.1%, driven by gains from every company within the industry. However, the industry is down 5.6% over the past year. Looking forward, earnings are forecast to grow by 14% annually.

Industry Valuation and Performance

Has the U.S. Gas Utilities Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 25 Apr 2024US$56.2bUS$34.1bUS$2.2b17x26x1.6x
Sat, 23 Mar 2024US$54.2bUS$34.1bUS$2.2b16.4x25x1.6x
Mon, 19 Feb 2024US$52.7bUS$34.4bUS$1.8b15x29.1x1.5x
Wed, 17 Jan 2024US$57.7bUS$38.4bUS$1.5b15.5x39x1.5x
Fri, 15 Dec 2023US$58.4bUS$38.4bUS$1.5b17x39.5x1.5x
Sun, 12 Nov 2023US$53.5bUS$39.4bUS$1.6b14.4x33.5x1.4x
Tue, 10 Oct 2023US$50.6bUS$37.5bUS$684.8m17.1x73.9x1.4x
Thu, 07 Sep 2023US$51.9bUS$37.5bUS$684.8m18x75.8x1.4x
Sat, 05 Aug 2023US$53.9bUS$37.3bUS$638.0m19x84.5x1.4x
Mon, 03 Jul 2023US$54.1bUS$38.4bUS$1.5b18.9x36.5x1.4x
Wed, 31 May 2023US$54.4bUS$38.4bUS$1.5b19.9x36.6x1.4x
Fri, 28 Apr 2023US$56.5bUS$38.5bUS$2.4b19.9x23.9x1.5x
Sun, 26 Mar 2023US$55.5bUS$38.5bUS$2.4b19.4x23.4x1.4x
Tue, 21 Feb 2023US$58.4bUS$37.8bUS$2.7b21x21.6x1.5x
Thu, 19 Jan 2023US$56.7bUS$36.7bUS$3.4b19.4x16.5x1.5x
Sat, 17 Dec 2022US$56.1bUS$36.7bUS$3.4b18.7x16.3x1.5x
Mon, 14 Nov 2022US$55.9bUS$35.8bUS$3.7b20x15.2x1.6x
Wed, 12 Oct 2022US$52.3bUS$35.0bUS$3.6b18.4x14.4x1.5x
Fri, 09 Sep 2022US$59.4bUS$35.0bUS$3.6b20.5x16.3x1.7x
Sun, 07 Aug 2022US$58.7bUS$34.6bUS$3.7b20.6x16x1.7x
Tue, 05 Jul 2022US$59.7bUS$32.9bUS$3.6b22.1x16.8x1.8x
Thu, 02 Jun 2022US$61.9bUS$32.9bUS$3.6b22.4x17.4x1.9x
Sat, 30 Apr 2022US$57.4bUS$30.4bUS$3.1b22.1x18.6x1.9x
Mon, 28 Mar 2022US$62.8bUS$32.1bUS$3.6b21.8x17.4x2x
Wed, 23 Feb 2022US$56.7bUS$32.3bUS$3.5b17.2x16.4x1.8x
Fri, 21 Jan 2022US$57.9bUS$30.9bUS$3.8b17.7x15.2x1.9x
Sun, 19 Dec 2021US$57.5bUS$30.9bUS$3.8b18x15.1x1.9x
Tue, 16 Nov 2021US$56.6bUS$30.3bUS$3.4b18.1x16.9x1.9x
Thu, 14 Oct 2021US$48.6bUS$27.3bUS$3.1b17.8x15.7x1.8x
Sat, 11 Sep 2021US$48.6bUS$27.3bUS$3.1b17.9x15.8x1.8x
Mon, 09 Aug 2021US$51.7bUS$27.5bUS$3.1b19.3x16.6x1.9x
Sun, 02 May 2021US$51.0bUS$26.6bUS$3.1b17.2x16.3x1.9x
Price to Earnings Ratio

16.3x


Total Market Cap: US$51.0bTotal Earnings: US$3.1bTotal Revenue: US$26.6bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Gas Utilities Industry Price to Earnings3Y Average 26.1x202220232024
Current Industry PE
  • Investors are relatively neutral on the American Gas Utilities industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PE ratio of 26.1x.
  • The industry is trading close to its 3-year average PS ratio of 1.6x.
Past Earnings Growth
  • The earnings for companies in the Gas Utilities industry have declined 12% per year over the last three years.
  • Meanwhile revenues for these companies have grown 8.6% per year.
  • This means that although more sales are being generated, 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. Utilities industry?

US Market1.21%
Utilities4.31%
Gas Utilities5.20%
Gas Utilities5.20%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
SWX Southwest Gas HoldingsUS$75.252.3%
+US$1.2b		36.8%PE42.8x
ATO Atmos EnergyUS$118.663.6%
+US$618.4m		4.2%PE19.4x
UGI UGIUS$26.009.7%
+US$482.0m		-21.6%PS0.7x
BIPC Brookfield InfrastructureUS$31.787.1%
+US$303.2m		-24.6%PE40.9x
NFG National Fuel GasUS$55.276.2%
+US$297.6m		1.0%PE11.6x
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Latest News

SWX

US$75.25

Southwest Gas Holdings

7D

2.3%

1Y

36.8%

Southwest Gas Holdings (NYSE:SWX) Has A Somewhat Strained Balance Sheet

Apr 24
Southwest Gas Holdings (NYSE:SWX) Has A Somewhat Strained Balance Sheet

ATO

US$118.66

Atmos Energy

7D

3.6%

1Y

4.2%

NJR

US$43.70

New Jersey Resources

7D

5.2%

1Y

-14.6%

UGI

US$26.00

UGI

7D

9.7%

1Y

-21.6%

Why UGI Could Double If Confidence Returns (Rating Upgrade)

Apr 20

NFG

US$55.27

National Fuel Gas

7D

6.2%

1Y

1.0%

National Fuel Gas Company (NYSE:NFG) Could Be Riskier Than It Looks

Apr 18
National Fuel Gas Company (NYSE:NFG) Could Be Riskier Than It Looks

SR

US$62.05

Spire

7D

6.7%

1Y

-8.3%

OGS

US$64.93

ONE Gas

7D

5.7%

1Y

-15.8%

ONE Gas, Inc.'s (NYSE:OGS) Business Is Trailing The Market But Its Shares Aren't

Apr 12
ONE Gas, Inc.'s (NYSE:OGS) Business Is Trailing The Market But Its Shares Aren't

BIPC

US$31.78

Brookfield Infrastructure

7D

7.1%

1Y

-24.6%