Energy Exploration & Generation Valuation Multiples and Public Comps

Energy Exploration & Generation

See analyst estimates and all valuation multiples for Energy Exploration & Generation

Company	EV	EV/LTM Revenue	EV/LTM EBITDA
Saudi Aramco	$1.59T	3.8x	7.1x
Exxon Mobil	$514B	1.5x	7.3x
Chevron	$347B	1.8x	8.2x
Shell	$249B	0.9x	4.2x
NextEra Energy	$235B	8.7x	14.6x
PetroChina	$223B	0.6x	3.4x
Iberdrola	$184B	3.4x	9.6x
TotalEnergies	$170B	0.9x	4.2x
Enel	$160B	1.7x	6.0x
China Petroleum	$139B	0.3x	5.2x
ConocoPhillips	$136B	2.3x	5.4x
Petrobras	$136B	1.5x	3.2x
China Yangtze Power	$135B	11.2x	14.1x
BP	$127B	0.7x	3.5x
TAQA	$121B	7.8x	22.6x
Constellation Energy	$107B	4.4x	20.8x
CNOOC	$96.2B	1.7x	2.7x
Engie	$93.9B	1.1x	5.4x
Vistra	$91.0B	4.8x	15.7x
China Shenhua Energy	$89.2B	2.0x	6.4x
Marathon Petroleum	$84.0B	0.6x	8.1x
Huadian New Energy Group	$80.5B	n/a	n/a
Canadian Natural Resources	$80.3B	2.9x	6.3x
Occidental Petroleum	$77.2B	2.9x	5.7x
Cheniere Energy	$75.4B	3.9x	11.2x
Eni	$74.7B	0.8x	3.8x
Phillips 66	$73.6B	0.5x	10.3x
Equinor	$71.0B	0.7x	1.8x
ADNOC Gas	$67.7B	3.5x	8.5x
EOG Resources	$65.4B	2.8x	5.3x
Pioneer Natural Resources	$63.3B	n/a	n/a
Venture Global	$62.5B	5.6x	12.0x
Suncor Energy	$60.5B	1.7x	5.5x
Valero Energy	$56.6B	0.5x	9.0x
Diamondback Energy	$55.0B	4.2x	5.9x
Huaneng Power	$54.1B	1.6x	6.7x
CGN Power	$51.9B	4.3x	10.0x
ONGC	$51.6B	0.7x	4.6x
GD Power Development	$50.3B	2.0x	8.3x
Imperial Oil	$49.4B	1.3x	8.8x
PTT	$48.9B	0.5x	4.0x
Ecopetrol	$45.6B	1.5x	3.7x
Tokyo Electric Power	$44.8B	1.0x	n/a
EDP-Energias De Portugal	$43.8B	2.4x	7.6x
China Three Gorges	$43.8B	10.1x	11.9x
NRG Energy	$43.4B	1.5x	10.8x
Dian Swastatika Sentosa	$42.2B	n/a	n/a
CEZ	$41.3B	2.6x	6.4x
Huaneng Lancang River	$40.2B	10.8x	14.4x
EQT Corporation	$38.9B	5.1x	7.6x
Woodside Energy	$38.9B	3.1x	4.4x
Kansai Electric Power	$38.6B	1.4x	7.2x
IndianOil	$38.5B	0.4x	7.8x
SK Innovation	$38.4B	0.7x	16.1x
AES	$38.0B	3.1x	13.9x
SSE	$37.5B	2.7x	8.5x
China Resources Power	$37.2B	2.8x	7.1x
Cenovus Energy	$37.2B	0.9x	5.4x
Longyuan Power	$35.2B	7.3x	9.9x
Cameco	$34.9B	14.4x	26.9x
RWE	$34.8B	1.3x	5.9x
Hengli Petrochemical	$34.4B	1.1x	9.7x
SDIC Power Holdings	$34.1B	4.3x	8.4x
China Power	$32.9B	4.6x	8.9x
Datang International	$32.3B	1.9x	6.9x
Adani Power	$31.9B	4.8x	12.7x
Gulf Development	$31.0B	7.9x	33.5x
Devon Energy	$29.4B	1.8x	3.9x
ENEOS Holdings	$28.6B	0.4x	6.9x
Chubu Electric Power	$28.5B	1.2x	10.6x
Orlen	$28.3B	0.4x	3.0x
Expand Energy	$28.2B	3.0x	6.4x
Eletrobras	$28.2B	3.8x	7.2x
Adani Green Energy	$26.9B	18.3x	22.5x
ADNOC Drilling Company	$26.5B	5.8x	12.3x
Repsol	$26.2B	0.4x	3.0x
Huadian Power	$26.1B	1.6x	8.3x
Kyushu Electric Power	$25.9B	1.7x	8.9x
Inpex	$24.7B	1.8x	2.7x
Verbund	$24.4B	2.3x	6.9x
EDP Renovaveis	$23.8B	7.9x	11.3x
Coterra Energy	$22.9B	3.3x	5.1x
Orsted	$22.9B	1.9x	5.2x
YPF	$22.1B	1.3x	4.8x
Talen Energy	$21.6B	9.6x	22.5x
Shanghai Electric Power	$21.6B	3.5x	n/a
Tata Power	$21.3B	2.7x	13.2x
Bharat Petroleum	$21.3B	0.4x	6.7x
Texas Pacific	$21.1B	27.0x	31.6x
Santos	$21.1B	3.9x	5.9x
Aker BP	$21.0B	1.9x	2.1x
Tokyo Gas	$20.9B	1.2x	7.3x
Neste	$20.7B	0.9x	13.0x
Chugoku Electric Power	$20.1B	2.0x	12.4x
Tohoku Electric Power	$19.9B	1.1x	6.3x
Brookfield Renewable	$19.9B	3.4x	8.4x
OMV	$18.9B	0.5x	2.4x
Empresas COPEC	$18.3B	0.6x	6.4x
Tourmaline Oil	$17.6B	3.8x	6.6x
Ovintiv	$17.5B	1.9x	4.0x
Origin Energy	$16.9B	1.5x	7.7x
Galp Energia	$16.6B	0.7x	4.8x
AltaGas	$16.4B	1.8x	12.4x
Idemitsu Kosan	$15.9B	0.3x	9.2x
GAIL (India)	$15.7B	1.0x	9.5x
JSW Energy	$15.6B	8.5x	17.1x
Enel Americas	$15.6B	1.1x	3.8x
Sunoco	$15.0B	0.7x	8.2x
Neoenergia	$14.7B	1.8x	6.7x
PTTEP	$14.5B	1.6x	2.2x
NHPC	$14.4B	10.7x	19.3x
Power Assets Holdings	$14.3B	121.5x	58.2x
ACCIONA Energía	$14.3B	4.1x	8.2x
DT Midstream	$14.2B	12.1x	13.1x
Permian Resources	$13.7B	2.6x	3.6x
Antero Resources	$13.6B	2.7x	8.4x
Electric Power Dev	$13.6B	1.6x	8.5x
Oklo	$13.5B	n/a	-189.8x
HK Electric	$13.5B	8.6x	12.5x
Zheneng Electric	$13.5B	1.2x	5.6x
Public Power Corporation	$13.5B	1.2x	5.9x
Vår Energi	$13.5B	n/a	n/a
APA	$13.3B	1.5x	2.5x
Raizen	$13.1B	0.3x	5.9x
HD Hyundai	$12.7B	0.3x	2.8x
Antarchile	$12.5B	0.4x	4.6x
Whitecap Resources	$12.5B	3.4x	5.9x
BKW	$12.2B	2.1x	9.6x
HF Sinclair	$12.1B	0.4x	7.5x
Antero Midstream	$12.0B	10.3x	10.9x
ARC Resources	$11.8B	2.7x	4.8x
Capital Power	$11.7B	4.8x	10.6x
Chuantou Energy	$11.5B	47.6x	15.1x
Grupo Energía Bogotá	$11.5B	5.6x	12.3x
ENN Energy	$11.2B	0.7x	6.6x
OMV Petrom	$10.8B	1.4x	5.6x
Formosa Petrochemical	$10.7B	0.5x	18.5x
Algonquin Power	$10.6B	4.5x	10.5x
National Fuel Gas	$10.6B	4.4x	7.5x
Hubei Energy	$10.3B	3.8x	10.9x
Uniper	$10.3B	0.1x	5.6x
Guangxi Guiguan Electric	$10.1B	7.1x	11.0x
Oil India	$10.0B	4.0x	9.0x
ReNew	$10.0B	7.3x	10.3x
Energisa	$10.0B	1.8x	6.8x
ENGIE Brasil Energia	$10.0B	5.0x	7.7x
Range Resources	$9.9B	3.5x	7.2x
Ligga	$9.9B	2.5x	9.6x
Aboitiz Power	$9.8B	2.8x	9.9x
Meridian Energy	$9.6B	3.3x	23.0x
S-Oil	$9.4B	0.4x	12.0x
Matador Resources	$9.3B	2.6x	3.9x
Eneva	$9.2B	4.2x	8.5x
PRIO	$9.0B	3.5x	5.5x
Northland Power	$9.0B	5.3x	9.8x
Hess Midstream	$8.9B	5.5x	7.2x
MOL Group	$8.7B	0.3x	2.6x
Black Hills	$8.6B	3.8x	9.8x
Harbour Energy	$8.5B	1.0x	1.4x
Shenergy Group	$8.4B	2.1x	5.9x
Civitas Resources	$8.4B	1.8x	2.6x
Petronas Gas	$8.4B	5.5x	10.3x
CEMIG	$8.3B	1.2x	5.7x
Ormat Technologies	$8.1B	8.7x	14.3x
Torrent Power	$8.1B	2.4x	12.8x
Tüpraş	$8.1B	0.4x	6.1x
Comstock Resources	$8.1B	4.7x	7.7x
TAURON	$8.1B	0.9x	4.1x
Shaanxi Energy Investment	$8.0B	2.6x	6.8x
Sinopec Oilfield Service	$8.0B	0.7x	n/a
TAQA Morocco	$7.8B	6.5x	20.6x
Ades Holding	$7.7B	4.5x	8.7x
Icahn Enterprises	$7.6B	0.9x	n/a
Cosmo Energy Holdings	$7.6B	0.4x	5.8x
TransAlta	$7.6B	3.9x	8.6x
Viper Energy	$7.5B	6.0x	6.6x
Guangzhou Development Group	$7.5B	1.1x	n/a
Strathcona Resources	$7.4B	2.5x	5.7x
Guangdong Investment	$7.3B	3.1x	6.0x
Jiangsu Guoxin	$7.3B	n/a	n/a
Enlight Renewable Energy	$7.3B	n/a	n/a
Chord Energy	$7.1B	1.5x	3.0x
CNX Resources	$7.1B	4.2x	6.2x
Centrica	$7.0B	0.2x	3.3x
NextDecade	$7.0B	n/a	-38.1x
SJVN	$6.9B	15.7x	22.3x
Delek Group	$6.9B	1.9x	n/a
Mercury NZ	$6.9B	3.3x	14.1x
Romgaz	$6.8B	3.7x	6.8x
Kinetik Holdings	$6.7B	3.8x	6.5x
NewMed Energy	$6.6B	7.3x	n/a
NorthWestern Energy	$6.6B	4.2x	10.7x
Guanghui Energy	$6.5B	1.3x	7.9x
Contact Energy	$6.5B	3.2x	13.5x
Banpu	$6.4B	1.2x	5.4x
INA-Industrija Nafte	$6.3B	n/a	n/a
PBF Energy	$6.2B	0.2x	-154.0x
Vista Energy	$6.1B	2.8x	4.3x
ERG	$6.1B	6.3x	9.3x
Avista	$6.0B	3.1x	n/a
HELLENiQ ENERGY	$6.0B	0.4x	6.0x
MEG Energy	$5.9B	1.8x	6.5x
EVN	$5.9B	1.6x	6.1x
Viva Energy Australia	$5.8B	0.3x	12.8x
Thaioil	$5.8B	0.4x	8.1x
SM Energy	$5.8B	1.8x	2.6x
AGL Energy	$5.8B	0.6x	4.3x
Auren Energia	$5.8B	3.0x	9.0x
Murphy Oil	$5.8B	2.1x	3.8x
California Resources	$5.7B	1.7x	4.8x
Crescent Energy	$5.7B	1.7x	3.1x
Motor Oil (Hellas)	$5.6B	0.4x	5.0x
ALLETE	$5.6B	3.5x	12.1x
Fuchs	$5.4B	1.3x	8.7x
Fujian Funeng Co	$5.4B	2.7x	6.1x
Opc Energy	$5.4B	n/a	n/a
Energean	$5.3B	3.1x	4.9x
Kunlun Energy	$5.1B	0.2x	2.2x
Boralex	$5.0B	8.0x	10.1x
Rede Energia	$5.0B	n/a	n/a
MedcoEnergi	$4.9B	2.1x	4.1x
Northern Oil & Gas	$4.9B	2.1x	3.1x
Ithaca Energy	$4.8B	1.7x	2.5x
Bangchak Corporation	$4.8B	0.3x	3.9x
Energa	$4.7B	n/a	n/a
Magnolia Oil & Gas	$4.7B	3.6x	5.1x
NuScale Power	$4.7B	99.5x	-32.6x
Navitas Petroleum	$4.7B	n/a	n/a
CVR Energy	$4.6B	0.6x	13.2x
Brava Energia	$4.6B	2.2x	4.9x
PTT Oil and Retail	$4.6B	0.2x	8.0x
Drax Group	$4.6B	0.6x	3.6x
Delek US Holdings	$4.5B	0.4x	10.5x
Pampa Energia	$4.4B	2.4x	5.2x
Energix-Renewable	$4.4B	n/a	n/a
PetroVietnam Gas	$4.3B	1.1x	6.7x
Enel Generacion Chile	$4.2B	n/a	n/a
Otter Tail	$4.2B	3.2x	8.4x
ALDREES Petroleum	$4.2B	0.7x	13.3x
Helmerich & Payne	$4.2B	1.1x	4.6x
Electricity Generating	$4.1B	3.5x	12.4x
B.Grimm Power	$4.1B	2.3x	9.3x
Mangalore Refinery	$4.1B	0.4x	11.5x
TAESA	$4.0B	n/a	n/a
Reliance Power	$4.0B	n/a	n/a
Luberef	$3.9B	1.6x	12.2x
Scatec	$3.9B	5.8x	8.7x
Calumet	$3.9B	0.9x	15.8x
ACEN	$3.8B	6.1x	21.3x
FTAI Infrastructure	$3.8B	7.9x	15.2x
MGE Energy	$3.8B	5.5x	14.7x
SK Gas	$3.8B	0.7x	8.3x
Gulfport Energy	$3.8B	3.0x	4.5x
Ignitis	$3.7B	1.3x	5.7x
Kosmos Energy	$3.7B	2.4x	4.5x
Peyto	$3.6B	3.9x	5.0x
Baytex Energy	$3.5B	1.4x	2.6x
Pertamina Geothermal	$3.5B	8.2x	10.2x
Minera Valparaiso	$3.5B	n/a	n/a
Alliance Res Partners	$3.4B	1.5x	5.1x
Voltalia	$3.4B	5.4x	13.2x
Secure Waste Infr	$3.4B	3.2x	9.4x
Serena Energia	$3.4B	6.2x	9.5x
Patterson-UTI	$3.3B	0.7x	3.4x
Energisa Mato Grosso	$3.2B	n/a	n/a
Par Pacific Holdings	$3.2B	0.4x	10.0x
OGDC	$3.2B	n/a	n/a
Equatorial Para Distribuidora de Energia	$3.2B	n/a	n/a
Vital Energy	$3.0B	1.6x	2.3x
Solaria Energia	$3.0B	10.0x	11.3x
Grenergy Renovables	$3.0B	3.9x	13.5x
Lechwerke	$2.9B	n/a	n/a
Tamarack Valley Energy	$2.7B	2.2x	3.8x
Societatea Nationala Nuclearelectrica	$2.6B	2.1x	3.8x
Vermilion Energy	$2.6B	1.7x	3.3x
Talos Energy	$2.6B	1.4x	2.2x
Greencoat Renewables	$2.4B	n/a	n/a
NuVista Energy	$2.4B	2.6x	4.5x
Genesis Energy New Zealand	$2.4B	1.1x	8.6x
Odfjell Drilling	$2.4B	2.8x	5.7x
International Petroleum	$2.3B	3.4x	9.0x
Shanghai Petrochemical	$2.3B	0.2x	7.4x
PNEGroup	$2.3B	7.5x	24.8x
DNO	$2.3B	1.7x	2.9x
Athabasca Oil Corporation	$2.3B	2.4x	5.3x
Orygen Peru	$2.2B	n/a	n/a
Mach Natural Resources	$2.2B	2.0x	3.6x
BlueNord	$2.1B	2.2x	3.8x
Beach Energy	$2.1B	1.6x	2.8x
Alerion CleanPower	$2.1B	7.9x	10.5x
BKV Corporation	$2.1B	2.5x	6.4x
Tsakos Energy Navigation	$2.0B	3.1x	5.3x
AKSA Enerji	$2.0B	n/a	n/a
Celsia	$2.0B	1.4x	5.1x
HighPeak Energy	$2.0B	2.0x	2.6x
Advantage Energy	$1.9B	3.5x	6.4x
Empresa Eléctrica Pehuenche	$1.9B	n/a	n/a
Polenergia	$1.9B	1.7x	11.7x
Banpu Power	$1.8B	2.9x	7.6x
Paramount Resources	$1.7B	2.4x	2.2x
LandBridge	$1.7B	9.7x	10.9x
Birchcliff Energy	$1.6B	3.1x	5.3x
Central Puerto	$1.5B	2.5x	4.6x
Dana Gas	$1.5B	4.6x	6.4x
Shikun & Binui Energy	$1.5B	n/a	n/a
Bukit Asam	$1.5B	0.6x	4.6x
Natural Resources	$1.4B	n/a	n/a
CropEnergies	$1.4B	n/a	n/a
Petrolimex	$1.3B	0.1x	7.0x
Waaree RTL	$1.3B	n/a	n/a
Naturenergie Holding	$1.2B	0.6x	3.5x
Headwater Exploration	$1.2B	2.8x	4.4x
Dorchester Minerals	$1.2B	n/a	n/a
SP New Energy	$1.1B	n/a	n/a
Energiekontor	$1.1B	5.0x	8.7x
Audax Renovables	$1.1B	0.4x	7.5x
Verbio	$1.0B	0.5x	21.5x
Engie Energia Peru	$1.0B	n/a	n/a
Maurel & Prom	$988M	1.4x	3.1x
Petroreconcavo	$932M	1.6x	3.2x
Edenor	$932M	0.5x	5.4x
West Holdings	$895M	2.7x	11.7x
Ecoener	$885M	7.8x	14.2x
Gran Tierra Energy	$855M	1.3x	2.5x
Hallador Energy	$841M	2.0x	23.7x
Capex	$806M	n/a	n/a
Savannah Energy	$787M	3.3x	4.7x
Arendals Fossekompani	$770M	20.4x	41.2x
ABO Energy	$712M	1.5x	8.3x
Clean Energy Fuels	$703M	1.7x	10.7x
Berry Corp	$701M	1.0x	2.7x
Archer	$676M	0.5x	4.5x
Gevo	$571M	5.3x	-400.8x
Empresa Metropolitana	$474M	n/a	n/a
KN Energies	$458M	n/a	n/a
EnviTec Biogas	$431M	n/a	n/a
Tamboran Resources	$393M	102.9x	-19.9x
Deutsche Rohstoff	$392M	1.7x	2.4x
Dynagas LNG Partners	$391M	2.6x	n/a
HLB Life Science	$383M	n/a	n/a
OPAL Fuels	$365M	1.1x	4.3x
Edisun Power	$361M	n/a	n/a
Petrolina (Hldgs)	$348M	n/a	n/a
Okea	$341M	0.4x	0.6x
Montauk Renewables	$333M	1.9x	8.7x
PrimeEnergy Resources	$304M	n/a	n/a
Gas Plus	$302M	n/a	n/a
Genie Energy	$298M	0.6x	8.7x
Deep Value Driller	$274M	4.8x	5.0x
Bumech	$264M	n/a	n/a
Uni-Fuels	$256M	n/a	n/a
Photon Energy	$246M	2.1x	23.7x
LGI Ltd.	$243M	10.2x	20.1x
La Francaise de l'Energie	$241M	6.3x	11.1x
Infinity Natural Resources	$236M	0.7x	1.0x
Kolibri Global Energy	$233M	3.6x	4.8x
Makpetrol	$216M	n/a	n/a
Awilco LNG	$207M	n/a	n/a
Orron Energy	$204M	5.4x	-181.9x
Lhyfe	$174M	6.5x	-6.5x
A.b.p. Nocivelli	$167M	1.6x	8.6x
Electrica Puntilla	$160M	n/a	n/a
Clearvise	$155M	3.3x	4.9x
AleAnna	$153M	n/a	n/a
Enda Enerji	$148M	n/a	n/a
Conpet	$136M	n/a	n/a
Oil Terminal	$120M	n/a	n/a
EDELMAG	$109M	n/a	n/a
Epsilon Energy	$107M	3.4x	n/a
Delixy Holdings	$96.2M	n/a	n/a
Dolphin Drilling	$92.7M	0.6x	12.4x
Docks Petroles d Ambes	$88.6M	n/a	n/a
Daldrup & Söhne	$76.5M	1.2x	8.1x
Pyxis Tankers	$68.7M	1.7x	4.0x
Maha Capital	$62.0M	10.4x	-11.0x
InterOil Exploration	$43.8M	n/a	n/a
Hydrogen De	$33.7M	2.6x	-1.8x
Founder Group Limited	$26.9M	n/a	n/a
Eagle Filters Group	$24.5M	n/a	n/a
Toplivo	$23.3M	n/a	n/a
Ecoslops	$18.7M	n/a	n/a
Groupe Okwind	$17.2M	0.4x	-3.1x
Onico	$16.1M	n/a	n/a
Atlantic Petroleum	$12.5M	n/a	n/a
Hunter Group	$11.1M	n/a	n/a
Oil and Gas Explr and Pro	$8.3M	n/a	n/a
Robin Energy	$7.8M	n/a	n/a
Verde Clean Fuels	$6.7M	n/a	n/a
Clean & Carbon Energy	$3.3M	n/a	n/a
Igrene	$2.0M	n/a	n/a
Imperial Ptrl	-$55.3M	-0.4x	-1.0x
LW Bogdanka	-$74.3M	-0.1x	-0.3x
Esso	-$200M	n/a	n/a