Why The 27% Return On Capital At Teekay Tankers (NYSE:TNK) Should Have Your Attention
Jun 18
U.S. Oil and Gas Storage and Transportation Industry Analysis
UpdatedJun 19, 2024
DataAggregated Company Financials
Companies59
- 7D-0.2%
- 3M3.4%
- 1Y24.5%
- YTDn/a
Over the last 7 days, the Oil and Gas Storage and Transportation industry has dropped 1.6%, driven by Equitrans Midstream declining 6.8%. In the past year, the industry has gained 22%. As for the next few years, earnings are expected to grow by 6.5% per annum.
Industry Valuation and Performance
Has the U.S. Oil and Gas Storage and Transportation Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 19 Jun 2024 | US$469.7b | US$377.9b | US$35.0b | 12.3x | 13.4x | 1.2x |
| Fri, 17 May 2024 | US$474.8b | US$378.4b | US$35.1b | 12.6x | 13.5x | 1.3x |
| Sun, 14 Apr 2024 | US$468.4b | US$377.7b | US$39.9b | 11.5x | 11.7x | 1.2x |
| Tue, 12 Mar 2024 | US$450.8b | US$377.7b | US$40.2b | 11.7x | 11.2x | 1.2x |
| Thu, 08 Feb 2024 | US$415.2b | US$384.2b | US$42.2b | 10.7x | 9.8x | 1.1x |
| Sat, 06 Jan 2024 | US$457.2b | US$407.7b | US$44.5b | 11.2x | 10.3x | 1.1x |
| Mon, 04 Dec 2023 | US$465.1b | US$407.7b | US$44.5b | 11.1x | 10.5x | 1.1x |
| Wed, 01 Nov 2023 | US$433.4b | US$426.0b | US$41.6b | 11x | 10.4x | 1x |
| Fri, 29 Sep 2023 | US$441.5b | US$430.6b | US$41.1b | 11.4x | 10.8x | 1x |
| Sun, 27 Aug 2023 | US$422.9b | US$430.6b | US$41.1b | 10.9x | 10.3x | 1x |
| Tue, 25 Jul 2023 | US$425.3b | US$466.2b | US$40.1b | 10.6x | 10.6x | 0.9x |
| Thu, 22 Jun 2023 | US$399.4b | US$467.8b | US$40.2b | 10.3x | 9.9x | 0.9x |
| Sat, 20 May 2023 | US$394.9b | US$467.4b | US$40.3b | 9.6x | 9.8x | 0.8x |
| Mon, 17 Apr 2023 | US$375.4b | US$446.4b | US$30.1b | 10.9x | 12.5x | 0.8x |
| Wed, 15 Mar 2023 | US$363.7b | US$445.8b | US$29.9b | 10.5x | 12.2x | 0.8x |
| Fri, 10 Feb 2023 | US$376.6b | US$427.8b | US$26.7b | 12.3x | 14.1x | 0.9x |
| Sun, 08 Jan 2023 | US$370.1b | US$441.6b | US$25.3b | 12.5x | 14.6x | 0.8x |
| Tue, 06 Dec 2022 | US$375.9b | US$441.6b | US$25.3b | 12.8x | 14.8x | 0.9x |
| Thu, 03 Nov 2022 | US$372.1b | US$413.2b | US$23.1b | 15x | 16.1x | 0.9x |
| Sat, 01 Oct 2022 | US$333.5b | US$406.6b | US$21.2b | 13.4x | 15.7x | 0.8x |
| Mon, 29 Aug 2022 | US$382.8b | US$406.5b | US$21.1b | 15.4x | 18.1x | 0.9x |
| Wed, 27 Jul 2022 | US$355.4b | US$361.2b | US$17.1b | 14.1x | 20.7x | 1x |
| Fri, 24 Jun 2022 | US$319.7b | US$359.2b | US$15.7b | 13.1x | 20.3x | 0.9x |
| Sun, 22 May 2022 | US$365.1b | US$357.9b | US$15.0b | 16.1x | 24.3x | 1x |
| Tue, 19 Apr 2022 | US$381.0b | US$330.7b | US$17.8b | 17.1x | 21.4x | 1.2x |
| Thu, 17 Mar 2022 | US$346.9b | US$330.9b | US$19.1b | 14x | 18.1x | 1x |
| Sat, 12 Feb 2022 | US$350.1b | US$312.5b | US$19.7b | 16.6x | 17.8x | 1.1x |
| Mon, 10 Jan 2022 | US$328.9b | US$290.4b | US$17.4b | 16.5x | 18.9x | 1.1x |
| Wed, 08 Dec 2021 | US$299.2b | US$293.0b | US$17.9b | 14.7x | 16.7x | 1x |
| Fri, 05 Nov 2021 | US$321.8b | US$279.5b | US$17.0b | 15x | 18.9x | 1.2x |
| Sun, 03 Oct 2021 | US$314.6b | US$263.2b | US$17.0b | 15.9x | 18.6x | 1.2x |
| Tue, 31 Aug 2021 | US$288.9b | US$263.7b | US$17.0b | 13.1x | 17x | 1.1x |
| Wed, 07 Jul 2021 | US$310.8b | US$263.7b | US$17.0b | 13.8x | 18.3x | 1.2x |
Price to Earnings Ratio
18.3x
Current Industry PE
- Investors are pessimistic on the American Oil and Gas Storage and Transportation 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 13.3x which is lower than its 3-year average PE of 15.0x.
- The 3-year average PS ratio of 1.0x is lower than the industry's current PS ratio of 1.2x.
Past Earnings Growth
- The earnings for companies in the Oil and Gas Storage and Transportation industry have grown 27% per year over the last three years.
- Revenues for these companies have grown 13% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Comparison
How does U.S. Oil and Gas Storage and Transportation compare with similar industries?
| US Market | 1.63% | |
| Energy | -2.09% | |
| Oil and Gas | -2.07% | |
| Oil and Gas Storage and Transportation | -0.17% | |
| Coal and Fuels | 1.48% | |
| Oil and Gas Refining and Marketing | -1.91% | |
| Integrated Oil and Gas | -2.07% | |
| Oil and Gas Exploration and Production | -3.79% | |
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 | |
|---|---|---|---|---|---|
| LNG Cheniere Energy | US$161.11 | 2.4% +US$856.1m | 8.2% | PE7.5x | |
| WMB Williams Companies | US$41.81 | 1.1% +US$536.3m | 36.5% | PE17.1x | |
| TRGP Targa Resources | US$123.44 | 1.9% +US$518.8m | 74.0% | PE24.9x | |
| OKE ONEOK | US$80.06 | 0.5% +US$245.1m | 35.0% | PE20.8x | |
| STNG Scorpio Tankers | US$80.75 | 3.5% +US$139.1m | 81.0% | PE7.3x |
