Oil & Gas Production Industry Report
Market Cap: $973.2B
Stocks: 89
Median P/E: 9.8x
Median ROIC: 8.6%
Data sourced from SEC EDGAR filings. Report refreshed weekly.
Part of the Energy sector.
Performance Dashboard
| Period | Sector (MCW) | Sector (Median) |
|---|---|---|
| 1 Day | +2.5% | +1.1% |
| 1 Week | +2.7% | +2.6% |
| 1 Month | — | — |
| 3 Months | — | — |
| 6 Months | — | — |
| YTD | +3.4% | +1.0% |
| 1 Year | +2739.4% | +20.1% |
| 3 Years | +58.3% | +27.8% |
| 5 Years | +224.0% | +116.3% |
Today's Breadth: 45 advancing · 20 declining · 6 flat
Valuation Summary
| Metric | Median | P25 | P75 | vs 5Y Avg |
|---|---|---|---|---|
| P/E | 9.8x | 0.0x | 16.5x | +41% |
| P/B | 1.0x | 0.0x | 1.4x | -18% |
| P/S | 1.1x | 0.0x | 2.2x | — |
| P/FCF | 4.0x | 1.4x | 7.2x | — |
| EV/EBITDA | 5.1x | 3.9x | 7.3x | — |
| EV/EBIT | 11.0x | 7.7x | 23.7x | — |
Earnings Yield
7.5%
FCF Yield
14.1%
Below Fair Value
22% of stocks
Profitability Profile
Margins
| Metric | Median | 5Y Avg | P25 | P75 |
|---|---|---|---|---|
| Gross Margin | 34.6% | 32.5% | 15.4% | 43.2% |
| Operating Margin | 20.4% | — | 4.0% | 29.3% |
| Net Margin | 12.9% | 11.4% | 0.8% | 19.3% |
| FCF Margin | 31.9% | — | 15.2% | 49.3% |
Returns on Capital
| Metric | Median | 5Y Avg | P25 | P75 |
|---|---|---|---|---|
| ROE | 5.5% | — | 0.0% | 14.4% |
| ROA | 2.3% | — | -2.4% | 6.7% |
| ROIC | 8.6% | 13.7% | -0.3% | 12.8% |
Growth Metrics
| Metric | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|
| Revenue | +1.8% | +1.1% | +18.3% |
| EPS | +13.5% | -23.9% | +14.5% |
| Free Cash Flow | +23.6% | -7.2% | +19.0% |
All values represent sector median growth rates.
Balance Sheet Health
Debt / Equity
0.5x
Net Debt / EBITDA
1.1x
Interest Coverage
3.1x
Current Ratio
1.0x
Altman Z-Score
Safe (>3): 13 (16%)
Gray (1.8–3): 20 (25%)
Distress (<1.8): 48 (59%)
Piotroski F-Score
Strong (7–9): 22 (25%)
Moderate (4–6): 41 (46%)
Weak (0–3): 26 (29%)
Top Companies
| Symbol | #▲ | Mkt Cap | P/E | EV/EBITDA | ROIC | Net Mgn | Rev Gr. | Div Yld | YTD | Qual. |
|---|---|---|---|---|---|---|---|---|---|---|
| ENOG-L | 1 | $161.2B | — | 256.6x | 8.1% | 14.3% | +34.4% | 0.1% | — | 3/9 |
| E | 2 | $82.4B | — | — | — | 114.4% | — | — | +6.8% | 1/9 |
| EIPAF | 3 | $80.5B | — | — | — | 114.4% | — | — | +7.2% | 1/9 |
| EOG | 4 | $74.8B | 11.2x | 5.3x | 19.4% | 22.0% | -4.5% | 3.9% | +2.0% | 6/9 |
| OXY | 5 | $59.4B | 24.6x | 5.4x | 4.5% | 7.6% | -19.2% | 2.4% | -1.2% | 4/9 |
| FANG | 6 | $54.9B | 25.5x | 9.1x | 2.0% | 11.1% | +35.8% | 2.7% | +5.8% | 5/9 |
| ENQ-L | 7 | $37.3B | 244.9x | 73.5x | 25.3% | — | — | — | — | 2/9 |
| EQT | 8 | $35.5B | 16.3x | 5.9x | 9.6% | 23.6% | +63.9% | 1.2% | -0.3% | 2/9 |
| DVN | 9 | $29.9B | 8.6x | 4.0x | 13.5% | 15.4% | +7.8% | 2.7% | +2.7% | 5/9 |
| EC | 10 | $29.0B | — | — | 10.7% | 13.9% | -3.3% | — | +5.6% | 2/9 |
| CTRA | 11 | $25.3B | 11.4x | 4.9x | 11.9% | 22.5% | +40.1% | 3.4% | +6.2% | 5/9 |
| EXEEW | 12 | $25.3B | 13.9x | 5.3x | 8.7% | 15.0% | +186.3% | 3.0% | — | 4/9 |
| EXEEZ | 13 | $24.3B | 13.3x | 5.1x | 8.7% | 15.0% | +186.3% | 3.1% | — | 4/9 |
| EXEEL | 14 | $24.2B | 13.3x | 5.1x | 8.7% | 15.0% | +186.3% | 3.2% | — | 4/9 |
| EXE | 15 | $23.5B | 14.5x | 5.5x | 8.7% | 15.0% | +186.3% | 2.9% | -1.3% | 4/9 |
| TLW-L | 16 | $18.6B | 5.4x | 2.4x | 19.0% | 3.6% | -6.1% | — | — | 4/9 |
| PR | 17 | $15.0B | 10.7x | 1.5x | 8.7% | 18.5% | +1.3% | 4.4% | +0.8% | 6/9 |
| OVV | 18 | $14.6B | 7.9x | 4.7x | 6.8% | 13.9% | -2.7% | 3.2% | +1.3% | 4/9 |
| APA | 19 | $14.2B | 6.0x | 2.2x | 25.8% | 15.6% | -5.3% | 4.2% | +6.7% | 6/9 |
| PHAR-L | 20 | $11.8B | 4.4x | 1.3x | 17.3% | 17.4% | -19.0% | 6.0% | — | 3/9 |
Industry Composition
| Industry | Stocks | Market Cap | % | |
|---|---|---|---|---|
| Crude Petroleum & Natural Gas | 75 | $732.7B | 75.3% | |
| Oil & Gas Exploration & Production | 14 | $240.5B | 24.7% |
Quality Distribution
0
1
2
3
4
5
6
7
8
9
Quality Score (0-9)
High Quality (7+)
2%
Median Piotroski F
5/9
Profitable Years
5 of 10
Dividends & Shareholder Returns
Paying Dividends
43%
Median Div Yield
3.4%
Median Buyback Yield
0.3%
Shareholder Yield
2.4%
Payout Ratio
37.8%
Div Growth (3Y)
7.1%
Div Growth (5Y)
19.2%
Strengths & Weaknesses
Strengths
- +[Cash Flow]Robust cash generation improvement with a median 5-year FCF CAGR of 19.0%, supporting capital returns and reinvestment capacity.
- +[Growth]Strong secular growth with a median 5-year revenue CAGR of 18.3%, outpacing nominal GDP.
Weaknesses
- −[Financial Health]59.3% of companies fall in the Altman Z-Score distress zone (<1.8), indicating elevated bankruptcy risk within the sector.
- −[Leverage]Tight interest coverage at 3.1x, leaving limited cushion for debt servicing if earnings decline.
- −[Quality]Only 2.2% of companies score 7+ on the quality checklist, reflecting structural challenges in achieving consistent returns across the sector.
- −[Valuation]Elevated valuations: current median P/E of 9.8x is 41.4% above the 5-year average, suggesting the sector may be pricing in optimistic growth expectations.