Liberty Energy Inc. (NYSE:LBRT) Shares Could Be 41% Below Their Intrinsic Value Estimate
Jun 18
U.S. Oil and Gas Services Industry Analysis
UpdatedJun 18, 2024
DataAggregated Company Financials
Companies72
- 7D-2.9%
- 3M-10.2%
- 1Y7.6%
- YTDn/a
Over the last 7 days, the Oil and Gas Services industry has dropped 2.9%, driven by a pullback from Schlumberger of 3.0%. In the past year, the industry has gained 7.6%. As for the next few years, earnings are expected to grow by 18% per annum.
Industry Valuation and Performance
Has the U.S. Oil and Gas Services Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 18 Jun 2024 | US$192.5b | US$143.6b | US$12.4b | 14.4x | 15.6x | 1.3x |
| Thu, 16 May 2024 | US$212.7b | US$143.6b | US$12.3b | 15.4x | 17.2x | 1.5x |
| Sat, 13 Apr 2024 | US$225.3b | US$142.2b | US$12.2b | 17x | 18.4x | 1.6x |
| Mon, 11 Mar 2024 | US$202.9b | US$142.5b | US$12.4b | 15.9x | 16.4x | 1.4x |
| Wed, 07 Feb 2024 | US$190.6b | US$141.6b | US$12.2b | 16.9x | 15.6x | 1.3x |
| Fri, 05 Jan 2024 | US$205.9b | US$144.1b | US$12.1b | 15.8x | 17x | 1.4x |
| Sun, 03 Dec 2023 | US$208.6b | US$143.2b | US$12.2b | 18x | 17.2x | 1.5x |
| Tue, 31 Oct 2023 | US$220.6b | US$142.8b | US$12.2b | 14.6x | 18.1x | 1.5x |
| Thu, 28 Sep 2023 | US$236.6b | US$138.6b | US$10.9b | 17.5x | 21.8x | 1.7x |
| Sat, 26 Aug 2023 | US$218.6b | US$138.6b | US$10.9b | 15.7x | 20.1x | 1.6x |
| Mon, 24 Jul 2023 | US$531.9b | US$135.6b | US$10.3b | 21.9x | 51.6x | 3.9x |
| Wed, 21 Jun 2023 | US$497.6b | US$131.9b | US$8.4b | 19.7x | 59.2x | 3.8x |
| Fri, 19 May 2023 | US$489.9b | US$132.3b | US$8.4b | 17.7x | 58x | 3.7x |
| Sun, 16 Apr 2023 | US$192.9b | US$124.0b | US$5.9b | 23.7x | 32.5x | 1.6x |
| Tue, 14 Mar 2023 | US$186.1b | US$124.3b | US$6.0b | 19.7x | 31.3x | 1.5x |
| Thu, 09 Feb 2023 | US$210.4b | US$122.0b | US$5.0b | 22x | 41.9x | 1.7x |
| Sat, 07 Jan 2023 | US$206.2b | US$121.0b | US$3.9b | 21x | 52.3x | 1.7x |
| Mon, 05 Dec 2022 | US$199.1b | US$116.9b | US$4.2b | 22x | 47.9x | 1.7x |
| Wed, 02 Nov 2022 | US$192.5b | US$115.4b | US$4.1b | 22.7x | 47.5x | 1.7x |
| Fri, 30 Sep 2022 | US$136.8b | US$109.0b | US$2.6b | 25.7x | 53.2x | 1.3x |
| Sun, 28 Aug 2022 | US$159.0b | US$109.0b | US$2.6b | 31.4x | 61.8x | 1.5x |
| Tue, 26 Jul 2022 | US$139.9b | US$105.5b | US$1.7b | 31.4x | 83.3x | 1.3x |
| Thu, 23 Jun 2022 | US$155.5b | US$103.1b | US$2.0b | 35.4x | 76.3x | 1.5x |
| Sat, 21 May 2022 | US$175.6b | US$102.9b | US$2.0b | 32.7x | 89.8x | 1.7x |
| Mon, 18 Apr 2022 | US$190.9b | US$98.2b | US$1.3b | 25.2x | 151.6x | 1.9x |
| Wed, 16 Mar 2022 | US$171.9b | US$98.8b | US$1.2b | 25.4x | 142.7x | 1.7x |
| Fri, 11 Feb 2022 | US$156.1b | US$104.3b | US$1.5b | 29.2x | 101.6x | 1.5x |
| Sun, 09 Jan 2022 | US$142.0b | US$101.7b | US$222.5m | 39.1x | 638.3x | 1.4x |
| Tue, 07 Dec 2021 | US$125.4b | US$101.7b | US$224.8m | 32.1x | 557.9x | 1.2x |
| Thu, 04 Nov 2021 | US$144.9b | US$101.7b | -US$225,165,888.00 | 39.5x | -643.4x | 1.4x |
| Sat, 02 Oct 2021 | US$129.8b | US$98.3b | -US$1,180,581,975.00 | 39.1x | -110x | 1.3x |
| Mon, 30 Aug 2021 | US$113.1b | US$99.2b | -US$1,210,617,611.33 | 22x | -93.4x | 1.1x |
| Tue, 06 Jul 2021 | US$126.5b | US$99.2b | -US$1,209,651,611.33 | 28.1x | -104.6x | 1.3x |
Price to Earnings Ratio
-104.6x
Current Industry PE
- Investors are pessimistic on the American Oil and Gas Equipment and Services industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 15.6x which is lower than its 3-year average PE of 72.2x.
- The 3-year average PS ratio of 1.7x is higher than the industry's current PS ratio of 1.3x.
Past Earnings Growth
- Total earnings for the Oil and Gas Equipment and Services industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 13% per year.
- This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.
Industry Comparison
How does U.S. Oil and Gas Services compare with similar industries?
| US Market | 1.61% | |
| Energy | -2.83% | |
| Energy Services | -3.24% | |
| Oil and Gas Services | -2.89% | |
| Oil and Gas Drilling | -5.50% | |
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 | |
|---|---|---|---|---|---|
| NOV NOV | US$18.11 | 2.8% +US$197.8m | 16.2% | PE7.3x | |
| BOOM DMC Global | US$14.50 | 16.0% +US$40.1m | -8.6% | PE13.5x | |
| ESOA Energy Services of America | US$7.54 | 3.1% +US$3.8m | 193.4% | PE12.4x | |
| DWSN Dawson Geophysical | US$2.04 | 5.2% +US$3.1m | 7.9% | PS0.6x | |
| ENSV Enservco | US$0.22 | 19.5% +US$1.0m | -43.1% | PS0.3x |