Oil & Gas Integrated Industry Report
Market Cap: $4.2T
Stocks: 23
Median P/E: 12.3x
Median ROIC: 10.3%
Data sourced from SEC EDGAR filings. Report refreshed weekly.
Part of the Energy sector.
Performance Dashboard
| Period | Sector (MCW) | Sector (Median) |
|---|---|---|
| 1 Day | +1.2% | +1.5% |
| 1 Week | +1.8% | +4.2% |
| 1 Month | — | — |
| 3 Months | — | — |
| 6 Months | — | — |
| YTD | +0.9% | +1.4% |
| 1 Year | +43.9% | +70.0% |
| 3 Years | +67.8% | +54.4% |
| 5 Years | +208.2% | +161.4% |
Today's Breadth: 14 advancing · 1 declining · 0 flat
Valuation Summary
| Metric | Median | P25 | P75 | vs 5Y Avg |
|---|---|---|---|---|
| P/E | 12.3x | 7.9x | 21.5x | +15% |
| P/B | 1.6x | 0.9x | 2.6x | -4% |
| P/S | 0.4x | 0.3x | 0.9x | — |
| P/FCF | 7.3x | 3.5x | 17.8x | — |
| EV/EBITDA | 7.5x | 4.9x | 9.2x | — |
| EV/EBIT | 12.5x | 8.2x | 17.4x | — |
Earnings Yield
5.7%
FCF Yield
7.1%
Below Fair Value
11% of stocks
Profitability Profile
Margins
| Metric | Median | 5Y Avg | P25 | P75 |
|---|---|---|---|---|
| Gross Margin | 12.3% | 12.2% | 7.8% | 17.8% |
| Operating Margin | 4.6% | — | 2.6% | 10.0% |
| Net Margin | 3.0% | 3.5% | 0.2% | 7.1% |
| FCF Margin | 5.8% | — | 2.4% | 9.4% |
Returns on Capital
| Metric | Median | 5Y Avg | P25 | P75 |
|---|---|---|---|---|
| ROE | 9.9% | — | 1.7% | 13.4% |
| ROA | 4.2% | — | 0.2% | 5.8% |
| ROIC | 10.3% | 12.3% | 7.8% | 13.3% |
Growth Metrics
| Metric | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|
| Revenue | -5.5% | -8.4% | +12.8% |
| EPS | -16.6% | -20.4% | +41.4% |
| Free Cash Flow | -10.3% | -22.5% | +4.7% |
All values represent sector median growth rates.
Balance Sheet Health
Debt / Equity
0.5x
Net Debt / EBITDA
0.8x
Interest Coverage
4.7x
Current Ratio
1.3x
Altman Z-Score
Safe (>3): 6 (26%)
Gray (1.8–3): 9 (39%)
Distress (<1.8): 8 (35%)
Piotroski F-Score
Strong (7–9): 4 (17%)
Moderate (4–6): 19 (83%)
Weak (0–3): 0 (0%)
Top Companies
| Symbol | #▲ | Mkt Cap | P/E | EV/EBITDA | ROIC | Net Mgn | Rev Gr. | Div Yld | YTD | Qual. |
|---|---|---|---|---|---|---|---|---|---|---|
| EQNR-OL | 1 | $1.0T | 84.2x | 18.4x | 42.1% | 8.5% | -3.2% | 1.1% | — | 6/9 |
| BP | 2 | $765.6B | 430.7x | 19.0x | 10.2% | 0.7% | -1.1% | 0.9% | -2.2% | 1/9 |
| XOM | 3 | $657.1B | 17.7x | 8.1x | 10.6% | 8.7% | -5.0% | 3.4% | +3.4% | 5/9 |
| CVX | 4 | $355.8B | 22.4x | 7.6x | 6.7% | 6.5% | -6.8% | 4.6% | +0.5% | 5/9 |
| SHELL-AS | 5 | $231.1B | 10.3x | 3.8x | 11.6% | 6.7% | -6.1% | 4.6% | — | 3/9 |
| SHEL-L | 6 | $204.3B | 9.0x | 3.4x | 9.5% | 6.7% | -6.1% | 5.3% | — | 3/9 |
| TTE-PA | 7 | $183.8B | 7.9x | 3.8x | 14.0% | 7.3% | -9.5% | 6.3% | — | 3/9 |
| COP | 8 | $155.5B | 14.3x | 5.3x | 10.3% | 13.6% | +7.7% | 3.5% | +2.2% | 6/9 |
| BPAQF | 9 | $125.2B | — | — | 6.5% | 0.7% | -1.1% | — | +0.4% | 1/9 |
| EQNR | 10 | $111.3B | — | — | 28.0% | 8.5% | -3.2% | — | +7.5% | 4/9 |
| BP-L | 11 | $91.0B | — | 3.4x | 10.5% | 0.0% | -1.1% | 8.4% | — | 4/9 |
| VLO | 12 | $75.1B | 21.5x | 8.3x | 9.1% | 1.9% | -5.5% | 2.8% | +0.1% | 5/9 |
| MPC | 13 | $69.0B | 12.3x | 6.7x | 15.7% | 3.0% | -3.7% | 2.3% | +1.4% | 5/9 |
| PSX | 14 | $65.5B | 11.7x | 7.3x | 10.8% | 3.2% | -6.1% | 3.8% | -0.8% | 3/9 |
| IMO | 15 | $63.0B | 17.7x | 8.7x | 13.2% | 6.9% | -10.3% | 2.5% | +1.4% | 5/9 |
| IEP | 16 | $4.9B | — | 10.8x | 3.8% | -3.1% | -3.6% | — | +2.6% | 0/9 |
| PBF | 17 | $4.6B | — | 12.8x | -2.2% | -0.5% | -11.4% | 4.2% | +2.4% | 4/9 |
| CVI | 18 | $3.1B | 96.4x | 5.7x | 10.0% | 0.4% | -5.9% | — | +15.2% | 3/9 |
| ELPE-AT | 19 | $3.0B | 35.9x | 8.3x | 8.2% | 0.5% | -0.8% | 12.8% | — | 2/9 |
| CLMT | 20 | $2.9B | — | 14.9x | 7.3% | -0.8% | -1.3% | — | -0.4% | 0/9 |
Industry Composition
| Industry | Stocks | Market Cap | % | |
|---|---|---|---|---|
| Petroleum Refining | 15 | $2.5T | 58.4% | |
| Oil & Gas Integrated | 8 | $1.8T | 41.6% |
Quality Distribution
0
1
2
3
4
5
6
7
8
9
Quality Score (0-9)
High Quality (7+)
0%
Median Piotroski F
5/9
Profitable Years
7 of 10
Dividends & Shareholder Returns
Paying Dividends
78%
Median Div Yield
3.8%
Median Buyback Yield
4.4%
Shareholder Yield
7.9%
Payout Ratio
49.3%
Div Growth (3Y)
13.1%
Div Growth (5Y)
6.9%
Strengths & Weaknesses
Strengths
- +[Breadth]Broad-based strength: 93.3% of stocks advanced today, indicating healthy participation across the sector.
- +[Growth]Strong secular growth with a median 5-year revenue CAGR of 12.8%, outpacing nominal GDP.
- +[Shareholder Returns]Generous capital returns with a median shareholder yield (dividends + buybacks) of 7.9%, rewarding investors through multiple channels.
Weaknesses
- −[Financial Health]34.8% of companies fall in the Altman Z-Score distress zone (<1.8), indicating elevated bankruptcy risk within the sector.
- −[Profitability]Thin margins with a median gross margin of 12.3%, typical of commodity-like or price-competitive industries.
- −[Profitability]Razor-thin net margins at a median of 3.0%, leaving little room for execution error or economic downturn.
- −[Quality]Only 0.0% of companies score 7+ on the quality checklist, reflecting structural challenges in achieving consistent returns across the sector.