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U.S. Energy Sector Analysis

UpdatedJun 19, 2024
DataAggregated Company Financials
Companies446
  • 7D-2.1%
  • 3M-3.7%
  • 1Y12.8%
  • YTD4.4%

Over the last 7 days, the Energy industry has dropped 2.8%, driven by Exxon Mobil declining 2.5%. Over the past 12 months, the industry was up 13%. Looking forward, earnings are forecast to grow by 6.7% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 19 Jun 2024US$2.2tUS$1.9tUS$176.1b11.1x12.5x1.1x
Fri, 17 May 2024US$2.3tUS$1.9tUS$175.1b11.3x13.4x1.2x
Sun, 14 Apr 2024US$2.5tUS$2.0tUS$206.1b10.8x12.1x1.3x
Tue, 12 Mar 2024US$2.3tUS$2.0tUS$206.9b9.2x11x1.2x
Thu, 08 Feb 2024US$2.1tUS$2.0tUS$218.4b8.6x9.8x1.1x
Sat, 06 Jan 2024US$2.3tUS$2.1tUS$242.2b8.6x9.4x1.1x
Mon, 04 Dec 2023US$2.3tUS$2.1tUS$242.5b8.8x9.4x1.1x
Wed, 01 Nov 2023US$2.3tUS$2.1tUS$251.4b8x9.1x1.1x
Fri, 29 Sep 2023US$2.5tUS$2.2tUS$272.7b7.8x9x1.1x
Sun, 27 Aug 2023US$2.3tUS$2.2tUS$272.6b7.5x8.5x1.1x
Tue, 25 Jul 2023US$2.6tUS$2.4tUS$317.6b7.2x8.2x1.1x
Thu, 22 Jun 2023US$2.4tUS$2.4tUS$315.7b6.9x7.7x1x
Sat, 20 May 2023US$2.4tUS$2.4tUS$315.9b6.9x7.7x1x
Mon, 17 Apr 2023US$2.3tUS$2.4tUS$279.2b6.9x8.2x1x
Wed, 15 Mar 2023US$2.1tUS$2.4tUS$280.4b6.6x7.6x0.9x
Fri, 10 Feb 2023US$2.3tUS$2.3tUS$272.3b7.4x8.4x1x
Sun, 08 Jan 2023US$2.3tUS$2.3tUS$256.9b7.8x9x1x
Tue, 06 Dec 2022US$2.3tUS$2.3tUS$257.1b8.2x9x1x
Thu, 03 Nov 2022US$2.4tUS$2.2tUS$233.1b9.2x10.1x1.1x
Sat, 01 Oct 2022US$2.0tUS$2.1tUS$190.8b9.7x10.2x0.9x
Mon, 29 Aug 2022US$2.2tUS$2.1tUS$190.6b10.9x11.7x1.1x
Wed, 27 Jul 2022US$2.0tUS$1.8tUS$112.3b13.4x17.7x1.1x
Fri, 24 Jun 2022US$1.9tUS$1.8tUS$110.4b12.9x17x1.1x
Sun, 22 May 2022US$2.1tUS$1.8tUS$109.5b14.9x19.6x1.2x
Tue, 19 Apr 2022US$2.2tUS$1.6tUS$90.1b15.8x24.3x1.4x
Thu, 17 Mar 2022US$1.9tUS$1.6tUS$91.6b14.7x20.8x1.2x
Sat, 12 Feb 2022US$1.9tUS$1.5tUS$71.7b18.1x26x1.2x
Mon, 10 Jan 2022US$1.7tUS$1.4tUS$22.2b18.7x75.3x1.2x
Wed, 08 Dec 2021US$1.5tUS$1.4tUS$23.3b16.2x64.9x1.1x
Fri, 05 Nov 2021US$1.6tUS$1.3tUS$13.0b20.1x123.5x1.2x
Sun, 03 Oct 2021US$1.5tUS$1.2t-US$15,278,536,834.0020.8x-97.9x1.2x
Tue, 31 Aug 2021US$1.3tUS$1.2t-US$16,086,788,527.1415x-81.9x1.1x
Wed, 07 Jul 2021US$1.5tUS$1.2t-US$16,112,384,260.1415.9x-91.1x1.2x
Price to Earnings Ratio

-91.1x


Total Market Cap: US$1.5tTotal Earnings: -US$16,112,384,260.14Total Revenue: US$1.2tTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Energy Sector Price to Earnings3Y Average 8x202220232024
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 12.5x which is higher than its 3-year average PE of 8.0x.
  • The industry is trading close to its 3-year average PS ratio of 1.1x.
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 17% 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 Market1.63%
Energy-2.09%
Oil and Gas-2.07%
Energy Services-2.30%
Industry PE
  • Investors are most optimistic about the Energy Services industry even though it's trading below its 3-year average PE ratio of 28.6x.
    • Analysts are expecting annual earnings growth of 21.1%, which is lower than the prior year's growth of 45.4% 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.
Forecasted Growth
  • Analysts are most optimistic on the Energy Services industry, expecting annual earnings growth of 21% over the next 5 years.
  • However this is lower than its past earnings growth rate of 45% per year.
  • In contrast, the Oil and Gas industry is expected to see its earnings grow by 5.1% 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
LNG Cheniere EnergyUS$161.112.4%
+US$856.1m
8.2%PE7.5x
OXY Occidental PetroleumUS$61.261.1%
+US$576.3m
7.0%PE16.4x
WMB Williams CompaniesUS$41.811.1%
+US$536.3m
36.5%PE17.1x
TRGP Targa ResourcesUS$123.441.9%
+US$518.8m
74.0%PE24.9x
UEC Uranium EnergyUS$6.2412.0%
+US$273.9m
88.5%PS65.1x
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Latest News

OKE

US$80.06

ONEOK

7D

0.5%

1Y

35.0%

HAL

US$32.94

Halliburton

7D

-4.5%

1Y

4.6%

UEC

US$6.24

Uranium Energy

7D

12.0%

1Y

88.5%

HES

US$143.33

Hess

7D

-3.2%

1Y

8.3%

STNG

US$80.75

Scorpio Tankers

7D

3.5%

1Y

81.0%

TRGP

US$123.44

Targa Resources

7D

1.9%

1Y

74.0%

EQT

US$38.20

EQT

7D

-7.2%

1Y

-2.8%

PXD

US$269.62

Pioneer Natural Resources

7D

-2.0%

1Y

30.8%