RGC Resources (NASDAQ:RGCO) Is Paying Out A Larger Dividend Than Last Year
Dec 03
U.S. Gas Utilities Industry Analysis
UpdatedDec 03, 2022
DataAggregated Company Financials
Companies16
- 7D-4.0%
- 3M-2.2%
- 1Y4.6%
- YTD2.3%
Over the last 7 days, the Gas Utilities industry has dropped 4.0%, driven by a pullback from ONE Gas of 18%. Over the past 12 months, the industry was up 4.6%. As for the next few years, earnings are expected to grow by 9.0% per annum.
Industry Valuation and Performance
Has the U.S. Gas Utilities Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 04 Dec 2022 | US$57.1b | US$36.6b | US$3.5b | 18.3x | 16.5x | 1.6x |
| Tue, 01 Nov 2022 | US$55.7b | US$35.0b | US$3.6b | 19.8x | 15.3x | 1.6x |
| Thu, 29 Sep 2022 | US$54.5b | US$35.0b | US$3.6b | 19.4x | 15x | 1.6x |
| Sat, 27 Aug 2022 | US$59.5b | US$35.0b | US$3.6b | 20.6x | 16.3x | 1.7x |
| Mon, 25 Jul 2022 | US$58.5b | US$32.9b | US$3.6b | 21.7x | 16.4x | 1.8x |
| Wed, 22 Jun 2022 | US$56.6b | US$32.9b | US$3.6b | 20.2x | 15.9x | 1.7x |
| Fri, 20 May 2022 | US$59.7b | US$32.9b | US$3.6b | 22.2x | 16.8x | 1.8x |
| Sun, 17 Apr 2022 | US$62.3b | US$31.3b | US$3.1b | 23.2x | 20x | 2x |
| Tue, 15 Mar 2022 | US$61.1b | US$32.1b | US$3.6b | 21.6x | 16.9x | 1.9x |
| Thu, 10 Feb 2022 | US$57.6b | US$32.3b | US$3.5b | 17.4x | 16.6x | 1.8x |
| Sat, 08 Jan 2022 | US$59.0b | US$30.9b | US$3.8b | 18.2x | 15.4x | 1.9x |
| Mon, 06 Dec 2021 | US$54.8b | US$30.8b | US$3.8b | 17.2x | 14.4x | 1.8x |
| Wed, 03 Nov 2021 | US$55.3b | US$30.0b | US$3.5b | 18x | 15.9x | 1.8x |
| Fri, 01 Oct 2021 | US$46.4b | US$27.3b | US$3.1b | 16.7x | 15x | 1.7x |
| Sun, 29 Aug 2021 | US$50.1b | US$27.5b | US$3.1b | 18.7x | 16.1x | 1.8x |
| Mon, 05 Jul 2021 | US$50.4b | US$27.5b | US$3.1b | 18.7x | 16.2x | 1.8x |
| Thu, 08 Apr 2021 | US$49.0b | US$26.6b | US$3.1b | 17.6x | 15.7x | 1.8x |
| Sun, 10 Jan 2021 | US$44.3b | US$24.8b | US$2.3b | 17.2x | 19.3x | 1.8x |
| Sat, 03 Oct 2020 | US$41.3b | US$25.0b | US$2.1b | 17.2x | 19.8x | 1.6x |
| Tue, 07 Jul 2020 | US$43.9b | US$25.1b | US$2.1b | 20.5x | 21x | 1.7x |
| Fri, 10 Apr 2020 | US$43.3b | US$25.4b | US$2.0b | 21.8x | 21.3x | 1.7x |
| Thu, 02 Jan 2020 | US$53.7b | US$26.8b | US$2.3b | 23.6x | 23.3x | 2x |
Price to Earnings Ratio
23.3x
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 18.2x.
- The 3-year average PS ratio of 1.8x is higher than the industry's current PS ratio of 1.6x.
Past Earnings Growth
- The earnings for companies in the Gas Utilities industry have grown 18% per year over the last three years.
- Revenues for these companies have grown 10% 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. Utilities industry?
| US Market | 1.54% | |
| Utilities | -0.27% | |
| Gas Utilities | -4.03% | |
| Gas Utilities | -4.03% | |
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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| RGCO RGC Resources | US$24.35 | 2.7% +US$6.9m | 2.7% | PS2.8x |
