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U.S. Gas Utilities Industry Analysis
UpdatedDec 07, 2021
DataAggregated Company Financials
Companies17
- 7D5.5%
- 3M-6.1%
- 1Y2.7%
- YTD4.5%
Over the last 7 days, the Gas Utilities industry has risen 5.5%, driven by gains in UGI and Atmos Energy of 8.0% and 5.0%, respectively. Despite this gain, the industry's performance has been flat over the past year.
Industry Valuation and Performance
Has the U.S. Gas Utilities Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE |
|---|---|---|---|---|
| Thu, 09 Dec 2021 | US$56.2b | US$30.8b | US$3.8b | 18.2x |
| Sat, 06 Nov 2021 | US$55.6b | US$30.0b | US$3.1b | 18x |
| Mon, 04 Oct 2021 | US$47.2b | US$27.3b | US$3.1b | 17x |
| Wed, 01 Sep 2021 | US$50.8b | US$27.5b | US$3.1b | 18.9x |
| Thu, 08 Jul 2021 | US$50.4b | US$27.5b | US$3.1b | 18.7x |
| Wed, 31 Mar 2021 | US$49.0b | US$26.6b | US$3.1b | 17.6x |
| Sat, 02 Jan 2021 | US$44.3b | US$24.8b | US$2.3b | 17.2x |
| Tue, 06 Oct 2020 | US$41.3b | US$25.0b | US$2.1b | 17.2x |
| Fri, 10 Jul 2020 | US$43.9b | US$25.1b | US$2.1b | 20.5x |
| Thu, 02 Apr 2020 | US$43.3b | US$25.4b | US$2.0b | 21.8x |
| Sun, 05 Jan 2020 | US$53.7b | US$26.8b | US$2.3b | 23.6x |
| Wed, 09 Oct 2019 | US$55.5b | US$27.4b | US$2.1b | 25.8x |
| Tue, 02 Jul 2019 | US$53.5b | US$27.7b | US$2.2b | 25.1x |
| Fri, 05 Apr 2019 | US$53.1b | US$27.9b | US$2.2b | 23x |
| Mon, 07 Jan 2019 | US$48.2b | US$28.2b | US$2.1b | 22.8x |
PE Ratio
22.8x
Current Industry PE: Investors are relatively neutral on the industry at the moment, considering it's trading close to its 3-year average PE ratio of 20.9x. It appears they believe that earnings will grow in-line with historical growth rates.
Past Earnings Growth: The earnings for companies in the Gas Utilities industry have grown 21% per year over the last three years, and revenues for these companies have grown 3.0% per year. This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Trends
Which industries have driven the changes within the U.S. Gas Utilities industry?
| Gas Utilities | 5.46% | |
Industry PE: Investors are most optimistic about the Gas Utilities industry even though it's trading below its 3-year average PE ratio of 20.9x. However analysts are expecting annual earnings growth of 6.7%, which is lower than the prior year's growth of 13% per year. So the market might believe that analysts are underestimating future growth.
Forecasted Growth: Analysts are most optimistic on the Gas Utilities industry, expecting annual earnings growth of 6.7% over the next 5 years. However this is lower than its past earnings growth rate of 13% per year.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | 7D | 1Y | Valuation | |
|---|---|---|---|---|
| UGI UGI | 8.0%+US$686.2m | 25.4% | PE6.4x | |
| ATO Atmos Energy | 5.0%+US$603.9m | -2.8% | PE18.9x | |
| NFG National Fuel Gas | 7.0%+US$366.6m | 47.0% | PE15.5x | |
| NJR New Jersey Resources | 7.7%+US$273.5m | 18.2% | PE32.3x | |
| OGS ONE Gas | 7.4%+US$258.8m | -11.7% | PE18.3x |
