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	$1.57T	3.7x	7.0x
Exxon Mobil	$501B	1.5x	7.1x
Chevron	$344B	1.8x	8.1x
Shell	$253B	0.9x	4.2x
NextEra Energy	$247B	9.1x	15.3x
PetroChina	$227B	0.6x	3.5x
Iberdrola	$189B	3.5x	9.9x
TotalEnergies	$175B	0.9x	4.3x
Enel	$162B	1.8x	6.1x
China Petroleum	$144B	0.3x	5.3x
ConocoPhillips	$141B	2.4x	5.6x
China Yangtze Power	$137B	11.5x	14.4x
Petrobras	$134B	1.5x	3.2x
BP	$128B	0.7x	3.5x
TAQA	$117B	7.6x	21.4x
Constellation Energy	$103B	4.3x	20.6x
CNOOC	$98.8B	1.7x	2.8x
Engie	$95.1B	1.1x	5.5x
China Shenhua Energy	$89.6B	2.0x	6.4x
Vistra	$84.5B	4.5x	14.6x
Marathon Petroleum	$80.7B	0.6x	7.7x
Huadian New Energy Group	$77.6B	n/a	n/a
Canadian Natural Resources	$76.6B	2.8x	6.1x
Cheniere Energy	$76.4B	4.0x	11.5x
Occidental Petroleum	$75.8B	2.8x	5.6x
Eni	$74.4B	0.8x	3.8x
Equinor	$72.6B	0.7x	1.8x
Phillips 66	$72.2B	0.5x	10.2x
ADNOC Gas	$66.7B	3.5x	8.4x
EOG Resources	$65.7B	2.8x	5.3x
Venture Global	$60.7B	5.7x	12.3x
Suncor Energy	$57.5B	1.6x	5.2x
Diamondback Energy	$57.0B	4.4x	6.3x
Huaneng Power	$53.5B	1.6x	6.7x
ONGC	$52.1B	0.7x	4.6x
Valero Energy	$51.8B	0.4x	8.3x
CGN Power	$50.4B	4.2x	10.1x
GD Power Development	$49.0B	2.0x	8.2x
PTT	$46.9B	0.5x	3.9x
Imperial Oil	$45.8B	1.2x	8.1x
Ecopetrol	$45.1B	1.5x	3.6x
Tokyo Electric Power	$44.9B	1.0x	n/a
EDP-Energias De Portugal	$43.6B	2.4x	7.7x
China Three Gorges	$42.9B	9.6x	12.0x
Woodside Energy	$41.1B	3.2x	4.6x
Huaneng Lancang River	$40.4B	11.0x	15.9x
CEZ	$40.1B	2.5x	6.3x
EQT Corporation	$40.1B	5.4x	8.0x
NRG Energy	$39.6B	1.3x	10.0x
SSE	$39.2B	2.9x	8.9x
AES	$38.5B	3.2x	14.2x
IndianOil	$38.0B	0.4x	7.9x
SK Innovation	$37.9B	0.7x	16.4x
Kansai Electric Power	$37.3B	1.3x	7.0x
China Resources Power	$37.3B	2.8x	7.2x
Cenovus Energy	$35.8B	0.9x	5.3x
SDIC Power Holdings	$35.2B	4.6x	9.7x
RWE	$34.6B	1.3x	5.9x
Longyuan Power	$34.5B	7.1x	9.7x
Hengli Petrochemical	$34.4B	1.1x	10.0x
Cameco	$32.8B	13.6x	25.2x
China Power	$32.3B	4.4x	9.1x
Datang International	$31.9B	1.8x	7.0x
Gulf Development	$31.2B	8.1x	35.2x
Adani Power	$31.1B	4.6x	12.3x
Dian Swastatika Sentosa	$30.5B	n/a	n/a
Devon Energy	$29.9B	1.8x	4.0x
Orlen	$28.5B	0.4x	3.0x
Chubu Electric Power	$28.1B	1.2x	10.5x
ENEOS Holdings	$27.5B	0.3x	6.8x
Expand Energy	$27.0B	3.0x	6.3x
Adani Green Energy	$26.8B	18.5x	22.8x
ADNOC Drilling Company	$26.0B	5.8x	12.2x
Eletrobras	$25.8B	3.5x	6.7x
Kyushu Electric Power	$25.7B	1.7x	9.0x
Repsol	$25.1B	0.4x	2.9x
Verbund	$24.9B	2.4x	7.0x
EDP Renovaveis	$24.6B	8.3x	12.0x
Inpex	$23.2B	1.7x	2.7x
Huadian Power	$22.5B	1.4x	7.5x
Coterra Energy	$22.4B	3.3x	5.0x
YPF	$22.3B	1.3x	4.8x
Orsted	$22.0B	1.9x	4.8x
Aker BP	$21.4B	1.8x	2.1x
Tata Power	$21.1B	2.7x	13.0x
Bharat Petroleum	$21.1B	0.4x	6.8x
Santos	$21.1B	3.9x	5.9x
Tokyo Gas	$20.8B	1.2x	7.4x
Texas Pacific	$20.3B	26.2x	30.7x
Chugoku Electric Power	$20.1B	2.0x	12.3x
Tohoku Electric Power	$20.0B	1.1x	6.3x
Brookfield Renewable	$19.8B	3.3x	8.9x
OMV	$19.7B	0.5x	2.5x
Neste	$19.5B	0.8x	12.5x
Talen Energy	$19.2B	8.5x	19.7x
Empresas COPEC	$18.2B	0.7x	6.4x
Shanghai Electric Power	$17.8B	3.0x	n/a
Ovintiv	$17.2B	2.0x	3.9x
Origin Energy	$16.8B	1.5x	7.8x
Galp Energia	$16.6B	0.7x	4.8x
AltaGas	$16.4B	1.8x	12.5x
Tourmaline Oil	$16.3B	3.5x	6.2x
Idemitsu Kosan	$15.6B	0.3x	9.1x
JSW Energy	$15.5B	8.7x	17.5x
GAIL (India)	$15.4B	1.0x	9.2x
Sunoco	$15.3B	0.7x	8.5x
Enel Americas	$15.2B	1.1x	3.8x
ACCIONA Energía	$14.5B	4.1x	8.6x
Neoenergia	$14.2B	1.8x	6.5x
Power Assets Holdings	$14.1B	119.5x	32.2x
Zheneng Electric	$14.1B	1.1x	6.1x
Vår Energi	$13.9B	n/a	n/a
PTTEP	$13.8B	1.5x	2.1x
Public Power Corporation	$13.7B	1.3x	6.0x
Permian Resources	$13.6B	2.6x	3.6x
HK Electric	$13.6B	8.7x	12.6x
NHPC	$13.6B	10.2x	18.6x
DT Midstream	$13.6B	11.7x	12.6x
Electric Power	$13.5B	1.6x	8.4x
Antero Resources	$13.0B	2.6x	8.2x
APA	$12.6B	1.4x	2.4x
ARC Resources	$12.6B	2.9x	5.1x
BKW	$12.5B	2.1x	9.9x
Raizen	$12.4B	0.3x	5.6x
Chuantou Energy	$12.3B	51.9x	16.2x
Formosa Petrochemical	$12.1B	0.6x	22.5x
Antarchile	$12.0B	0.4x	4.2x
Whitecap Resources	$11.6B	3.2x	5.6x
Antero Midstream	$11.5B	9.9x	10.6x
HF Sinclair	$11.5B	0.4x	7.4x
Capital Power	$11.4B	4.7x	10.5x
Grupo Energía Bogotá	$11.3B	5.6x	13.0x
Uniper	$11.1B	0.1x	5.8x
HD Hyundai	$11.0B	0.2x	2.5x
ENN Energy	$10.9B	0.7x	6.3x
Algonquin Power	$10.9B	4.6x	10.7x
National Fuel Gas	$10.5B	4.4x	7.5x
OMV Petrom	$10.5B	1.3x	5.4x
Hubei Energy	$10.5B	3.7x	10.9x
Guangxi Guiguan Electric	$10.2B	7.2x	11.3x
ReNew	$10.1B	7.5x	10.5x
Oil India	$10.1B	4.0x	9.0x
Oklo	$10.0B	n/a	-145.8x
ENGIE Brasil Energia	$9.7B	4.9x	7.5x
Energisa	$9.6B	1.8x	6.7x
Aboitiz Power	$9.6B	2.8x	9.3x
Ligga	$9.6B	2.4x	9.3x
Meridian Energy	$9.5B	3.5x	23.8x
Matador Resources	$9.5B	2.6x	4.0x
S-Oil	$9.5B	0.4x	12.1x
Range Resources	$9.3B	3.3x	6.8x
Hess Midstream	$9.1B	5.7x	7.4x
MOL Group	$8.9B	0.3x	2.6x
Northland Power	$8.8B	5.2x	9.7x
PRIO	$8.8B	3.5x	5.4x
Black Hills	$8.8B	3.9x	10.0x
Petronas Gas	$8.7B	5.7x	10.7x
Harbour Energy	$8.7B	1.0x	1.5x
Shenergy Group	$8.7B	2.1x	6.4x
Eneva	$8.6B	4.0x	8.2x
Civitas Resources	$8.5B	1.8x	2.6x
TAQA Morocco	$8.3B	6.9x	21.8x
Torrent Power	$8.3B	2.4x	13.0x
Ormat Technologies	$8.2B	8.9x	14.5x
CEMIG	$8.2B	1.2x	5.6x
Shaanxi Energy Investment	$8.1B	2.6x	6.9x
NextDecade	$7.9B	n/a	-45.0x
TAURON	$7.9B	0.9x	4.1x
Sinopec Oilfield Service	$7.8B	0.7x	n/a
Icahn Enterprises	$7.7B	0.9x	n/a
Viper Energy	$7.7B	6.4x	7.0x
Ades Holding	$7.7B	4.5x	8.6x
Comstock Resources	$7.6B	4.5x	7.2x
Cosmo Energy Holdings	$7.4B	0.4x	5.8x
Strathcona Resources	$7.4B	2.4x	5.7x
TransAlta	$7.4B	3.8x	8.3x
Guangdong Investment	$7.3B	3.1x	6.1x
Tüpraş	$7.3B	0.4x	5.5x
Romgaz	$7.2B	3.9x	7.3x
Chord Energy	$7.2B	1.5x	3.1x
Guangzhou Development Group	$7.2B	1.1x	n/a
Centrica	$7.2B	0.2x	3.3x
SJVN	$7.1B	16.4x	23.3x
Jiangsu Guoxin	$7.0B	n/a	n/a
Guanghui Energy	$7.0B	1.4x	7.0x
Delek Group	$6.8B	1.9x	n/a
CNX Resources	$6.8B	4.1x	6.0x
Enlight Renewable Energy	$6.7B	n/a	n/a
NorthWestern Energy	$6.7B	4.3x	11.1x
Vista Energy	$6.7B	3.2x	4.8x
Mercury NZ	$6.7B	3.3x	14.0x
NewMed Energy	$6.6B	7.3x	n/a
Kinetik Holdings	$6.5B	3.7x	6.3x
Banpu	$6.3B	1.2x	5.5x
Contact Energy	$6.3B	3.1x	13.4x
INA-Industrija Nafte	$6.3B	n/a	n/a
Avista	$6.1B	3.2x	n/a
EVN	$6.1B	1.6x	6.9x
HELLENiQ ENERGY	$6.1B	0.4x	6.1x
ERG	$5.9B	6.3x	9.3x
Crescent Energy	$5.9B	1.7x	3.2x
SM Energy	$5.9B	1.9x	2.7x
Fuchs	$5.8B	1.4x	9.4x
MEG Energy	$5.8B	1.7x	6.2x
Motor Oil (Hellas)	$5.7B	0.4x	5.2x
ALLETE	$5.7B	3.6x	12.4x
Viva Energy Australia	$5.7B	0.3x	12.5x
Auren Energia	$5.6B	2.9x	9.2x
PBF Energy	$5.6B	0.2x	-132.9x
AGL Energy	$5.6B	0.6x	4.3x
Ithaca Energy	$5.6B	2.0x	3.0x
Opc Energy	$5.5B	n/a	n/a
Energean	$5.4B	3.1x	4.7x
Fujian Funeng Co	$5.4B	2.8x	6.1x
Thaioil	$5.3B	0.4x	7.6x
Murphy Oil	$5.3B	1.9x	3.4x
Boralex	$5.2B	8.3x	10.5x
California Resources	$5.2B	1.6x	4.5x
Kunlun Energy	$5.1B	0.2x	2.2x
Rede Energia	$4.9B	n/a	n/a
Northern Oil & Gas	$4.8B	2.1x	3.0x
MedcoEnergi	$4.8B	2.1x	4.0x
Bangchak Corporation	$4.7B	0.3x	4.0x
PetroVietnam Gas	$4.7B	1.2x	7.4x
NuScale Power	$4.7B	103.6x	-32.4x
Magnolia Oil & Gas	$4.7B	3.5x	5.0x
Drax Group	$4.7B	0.6x	3.6x
Energa	$4.6B	n/a	n/a
Pampa Energia	$4.6B	2.5x	5.6x
Brava Energia	$4.6B	2.2x	5.0x
ALDREES Petroleum	$4.4B	0.7x	13.9x
Otter Tail	$4.3B	3.3x	8.5x
Energix-Renewable	$4.3B	n/a	n/a
CVR Energy	$4.1B	0.6x	12.1x
Enel Generacion Chile	$4.1B	n/a	n/a
Delek US Holdings	$4.1B	0.4x	10.1x
Navitas Petroleum	$4.1B	n/a	n/a
Electricity Generating	$4.0B	3.2x	11.7x
PTT Oil and Retail	$4.0B	0.2x	7.1x
Luberef	$4.0B	1.7x	12.5x
Mangalore Refinery	$4.0B	0.4x	11.6x
MGE Energy	$3.9B	5.5x	14.2x
Reliance Power	$3.9B	n/a	n/a
B.Grimm Power	$3.9B	2.2x	9.0x
FTAI Infrastructure	$3.9B	8.4x	17.1x
Helmerich & Payne	$3.9B	1.1x	4.3x
ACEN	$3.9B	6.1x	17.8x
Scatec	$3.9B	5.8x	8.7x
TAESA	$3.8B	n/a	n/a
SK Gas	$3.7B	0.7x	8.5x
Pertamina Geothermal	$3.7B	8.8x	10.9x
Kosmos Energy	$3.7B	2.4x	4.5x
Gulfport Energy	$3.7B	2.9x	4.3x
Calumet	$3.6B	0.9x	15.4x
Ignitis	$3.6B	1.3x	5.7x
Minera Valparaiso	$3.4B	n/a	n/a
Voltalia	$3.4B	5.3x	13.0x
Alliance Res Partners	$3.4B	1.4x	4.9x
Patterson-UTI	$3.3B	0.7x	3.4x
Serena Energia	$3.3B	5.4x	9.5x
Secure Waste Infr	$3.3B	3.1x	9.2x
Energisa Mato Grosso	$3.3B	n/a	n/a
Baytex Energy	$3.2B	1.2x	2.3x
Equatorial Para Distribuidora de Energia	$3.1B	n/a	n/a
Solaria Energia	$3.1B	10.8x	12.1x
Vital Energy	$3.1B	1.6x	2.3x
Par Pacific Holdings	$3.1B	0.4x	10.4x
OGDC	$3.0B	n/a	n/a
Lechwerke	$2.9B	n/a	n/a
Grenergy Renovables	$2.7B	3.5x	12.6x
Societatea Nationala Nuclearelectrica	$2.6B	2.1x	3.8x
Talos Energy	$2.6B	1.4x	2.2x
Vermilion Energy	$2.6B	1.7x	3.3x
Tamarack Valley Energy	$2.5B	2.1x	3.6x
International Petroleum	$2.5B	3.5x	9.3x
Shanghai Petrochemical	$2.4B	0.2x	7.8x
Odfjell Drilling	$2.4B	2.8x	5.8x
Genesis Energy New Zealand	$2.4B	1.1x	8.6x
DNO	$2.3B	1.8x	3.2x
Greencoat Renewables	$2.3B	n/a	n/a
PNEGroup	$2.3B	7.7x	25.3x
NuVista Energy	$2.3B	2.5x	4.3x
Orygen Peru	$2.2B	n/a	n/a
BlueNord	$2.2B	2.3x	3.9x
Mach Natural Resources	$2.2B	2.1x	3.5x
AKSA Enerji	$2.1B	n/a	n/a
Beach Energy	$2.1B	1.6x	2.9x
Athabasca Oil Corporation	$2.1B	2.2x	5.0x
BKV Corporation	$2.1B	2.6x	6.8x
Celsia	$2.1B	1.4x	5.4x
Alerion CleanPower	$2.0B	7.1x	9.1x
Tsakos Energy Navigation	$2.0B	3.0x	5.0x
HighPeak Energy	$2.0B	2.0x	2.6x
Polenergia	$1.8B	1.7x	11.5x
Central Puerto	$1.8B	2.7x	5.1x
Advantage Energy	$1.8B	3.5x	6.4x
Empresa Eléctrica Pehuenche	$1.8B	n/a	n/a
Banpu Power	$1.7B	2.8x	7.8x
Birchcliff Energy	$1.7B	3.3x	5.7x
Paramount Resources	$1.7B	2.2x	2.2x
LandBridge	$1.7B	10.0x	11.2x
Bukit Asam	$1.5B	0.6x	4.5x
Natural Resources	$1.4B	n/a	n/a
Dana Gas	$1.4B	4.2x	5.7x
CropEnergies	$1.4B	n/a	n/a
Petrolimex	$1.4B	0.1x	7.3x
Naturenergie Holding	$1.3B	0.6x	3.7x
Waaree RTL	$1.2B	n/a	n/a
Energiekontor	$1.2B	5.5x	9.6x
Edenor	$1.2B	0.6x	6.6x
Dorchester Minerals	$1.1B	n/a	n/a
SP New Energy	$1.1B	n/a	n/a
Maurel & Prom	$1.1B	1.6x	3.5x
Headwater Exploration	$1.1B	2.6x	4.0x
Audax Renovables	$1.1B	0.4x	7.5x
Engie Energia Peru	$1.0B	n/a	n/a
Capex	$985M	n/a	n/a
Verbio	$974M	0.5x	22.8x
Petroreconcavo	$903M	1.5x	3.1x
Ecoener	$880M	8.2x	15.6x
West Holdings	$865M	2.7x	11.5x
Gran Tierra Energy	$857M	1.3x	2.5x
Arendals Fossekompani	$752M	20.2x	40.7x
Hallador Energy	$745M	1.8x	22.1x
Clean Energy Fuels	$694M	1.6x	10.4x
Archer	$672M	0.5x	4.4x
ABO Energy	$659M	1.4x	7.8x
Berry Corp	$634M	0.9x	2.5x
Gevo	$545M	5.5x	-32.2x
Empresa Metropolitana	$473M	n/a	n/a
EnviTec Biogas	$456M	n/a	n/a
KN Energies	$450M	n/a	n/a
HLB Life Science	$393M	n/a	n/a
Deutsche Rohstoff	$385M	1.7x	2.4x
Dynagas LNG Partners	$384M	2.6x	n/a
OPAL Fuels	$373M	1.1x	4.3x
Edisun Power	$366M	n/a	n/a
Tamboran Resources	$365M	134.4x	-17.7x
Montauk Renewables	$356M	2.0x	9.3x
Petrolina (Hldgs)	$353M	n/a	n/a
Okea	$352M	0.4x	0.6x
Genie Energy	$311M	0.7x	9.6x
Gas Plus	$293M	n/a	n/a
Deep Value Driller	$255M	4.5x	4.8x
PrimeEnergy Resources	$254M	n/a	n/a
Infinity Natural Resources	$246M	0.7x	1.1x
Photon Energy	$245M	2.3x	18.6x
La Francaise de l'Energie	$245M	6.7x	11.6x
LGI Ltd.	$240M	10.5x	20.6x
Kolibri Global Energy	$222M	3.5x	4.6x
Makpetrol	$212M	n/a	n/a
Awilco LNG	$206M	n/a	n/a
Orron Energy	$201M	5.3x	-396.5x
Lhyfe	$190M	7.7x	-7.1x
Bumech	$187M	n/a	n/a
A.b.p. Nocivelli	$176M	1.7x	9.2x
Enda Enerji	$166M	n/a	n/a
Electrica Puntilla	$159M	n/a	n/a
AleAnna	$158M	n/a	n/a
Clearvise	$156M	3.3x	5.0x
Uni-Fuels	$141M	n/a	n/a
Conpet	$136M	n/a	n/a
Oil Terminal	$121M	n/a	n/a
Epsilon Energy	$119M	3.8x	n/a
EDELMAG	$107M	n/a	n/a
Docks Petroles d Ambes	$89.5M	n/a	n/a
Daldrup & Söhne	$84.5M	1.4x	8.9x
Delixy Holdings	$82.5M	n/a	n/a
Dolphin Drilling	$77.0M	0.6x	16.6x
Pyxis Tankers	$67.2M	1.6x	3.8x
InterOil Exploration	$43.4M	n/a	n/a
Hydrogen De	$39.8M	3.1x	-2.2x
Onico	$35.1M	n/a	n/a
Maha Capital	$32.5M	4.4x	-6.4x
Founder Group Limited	$30.2M	n/a	n/a
Toplivo	$24.7M	n/a	n/a
Eagle Filters Group	$24.1M	n/a	n/a
Groupe Okwind	$19.0M	0.4x	-3.8x
Ecoslops	$17.9M	n/a	n/a
Atlantic Petroleum	$12.4M	n/a	n/a
Robin Energy	$11.9M	n/a	n/a
Oil and Gas Explr and Pro	$9.1M	n/a	n/a
Hunter Group	$6.9M	n/a	n/a
Clean & Carbon Energy	$3.1M	n/a	n/a
Igrene	$2.0M	n/a	n/a
Verde Clean Fuels	$0.5M	n/a	n/a
LW Bogdanka	-$71.7M	-0.1x	-0.3x
Imperial Ptrl	-$117M	-0.8x	-2.2x
Esso	-$247M	n/a	n/a