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	3.6x	7.0x
Exxon Mobil	$532B	1.6x	7.6x
Chevron	$335B	1.8x	8.1x
PetroChina	$259B	0.6x	4.0x
NextEra Energy	$257B	9.1x	15.9x
Shell	$247B	0.9x	4.4x
Iberdrola	$201B	3.7x	10.5x
TotalEnergies	$176B	0.9x	4.6x
Enel	$173B	1.9x	6.4x
China Petroleum	$147B	0.3x	5.5x
Petrobras	$137B	1.6x	3.2x
China Yangtze Power	$136B	11.2x	14.4x
ConocoPhillips	$132B	2.2x	5.2x
BP	$127B	0.7x	3.5x
TAQA	$123B	7.9x	23.3x
Constellation Energy	$118B	4.9x	22.7x
Engie	$106B	1.3x	6.2x
China Shenhua Energy	$102B	2.3x	7.0x
CNOOC	$101B	1.7x	2.8x
Marathon Petroleum	$81.1B	0.6x	7.2x
Canadian Natural Resources	$79.7B	2.8x	6.2x
Huadian New Energy Group	$77.9B	n/a	n/a
Eni	$77.5B	0.8x	4.0x
Vistra	$74.1B	3.8x	12.6x
Phillips 66	$71.9B	0.5x	9.0x
ADNOC Gas	$70.8B	3.6x	8.8x
Occidental Petroleum	$68.5B	2.6x	5.1x
Equinor	$65.8B	0.7x	1.7x
Cheniere Energy	$64.9B	3.3x	9.5x
EOG Resources	$61.0B	2.7x	5.0x
Suncor Energy	$59.8B	1.7x	5.3x
Diamondback Energy	$58.5B	4.2x	5.8x
Valero Energy	$56.1B	0.5x	7.9x
Huaneng Power	$55.1B	1.6x	6.4x
GD Power Development	$52.6B	2.1x	8.3x
CGN Power	$50.1B	4.1x	9.5x
Venture Global	$48.6B	3.6x	7.8x
SSE	$47.9B	3.5x	10.9x
PTT	$47.3B	0.5x	3.9x
ONGC	$45.7B	0.7x	4.0x
Ecopetrol	$45.6B	1.5x	3.8x
Imperial Oil	$44.1B	1.2x	8.0x
EDP-Energias De Portugal	$43.9B	2.3x	7.7x
CEZ	$43.8B	2.8x	6.8x
China Three Gorges	$43.8B	10.2x	12.3x
Tokyo Electric Power	$42.7B	1.0x	n/a
NRG Energy	$42.3B	1.4x	10.5x
RWE	$42.2B	1.6x	7.4x
EQT Corporation	$42.0B	5.1x	7.8x
Cameco	$40.6B	16.3x	29.8x
Huaneng Lancang River	$40.1B	10.6x	14.2x
Dian Swastatika Sentosa	$39.8B	n/a	n/a
IndianOil	$39.8B	0.5x	7.0x
AES	$39.0B	3.2x	14.0x
Woodside Energy	$37.9B	3.0x	4.3x
Cenovus Energy	$37.4B	1.0x	5.2x
Kansai Electric Power	$37.4B	1.4x	7.2x
Hengli Petrochemical	$37.4B	1.1x	10.6x
Orsted	$37.1B	3.4x	9.7x
China Resources Power	$37.0B	2.8x	7.0x
Adani Power	$34.7B	5.5x	14.3x
Orlen	$34.1B	0.5x	3.4x
SDIC Power Holdings	$34.0B	4.4x	8.3x
Longyuan Power	$33.9B	7.3x	9.4x
China Power	$33.2B	4.7x	8.8x
SK Innovation	$33.1B	0.6x	13.9x
Datang International	$31.6B	1.8x	6.2x
Expand Energy	$30.9B	2.7x	6.3x
Gulf Development	$30.4B	7.4x	31.0x
Devon Energy	$30.1B	1.8x	4.0x
ENEOS Holdings	$29.5B	0.4x	7.1x
Chubu Electric Power	$27.8B	1.2x	11.6x
Adani Green Energy	$27.4B	17.6x	21.4x
Repsol	$27.3B	0.4x	3.1x
Inpex	$27.0B	2.1x	3.0x
EDP Renovaveis	$26.3B	8.6x	11.8x
ADNOC Drilling Company	$25.6B	5.4x	11.7x
YPF	$25.4B	1.4x	5.0x
Huadian Power	$25.2B	1.5x	7.3x
Verbund	$25.0B	2.8x	7.5x
Coterra Energy	$23.8B	3.2x	5.0x
Kyushu Electric Power	$23.7B	1.6x	8.4x
Neste	$22.3B	1.0x	12.3x
Aker BP	$21.7B	2.0x	2.3x
Bharat Petroleum	$21.4B	0.4x	5.9x
Brookfield Renewable	$21.1B	3.6x	7.6x
Shanghai Electric Power	$21.0B	3.4x	n/a
Tata Power	$20.4B	2.7x	12.8x
Tokyo Gas	$20.2B	1.1x	7.3x
Texas Pacific	$20.0B	25.0x	29.2x
Talen Energy	$19.8B	8.4x	20.3x
OMV	$19.5B	0.6x	2.5x
Tohoku Electric Power	$19.2B	1.2x	6.6x
Chugoku Electric Power	$19.1B	2.0x	11.9x
Empresas COPEC	$18.8B	0.7x	6.8x
Tourmaline Oil	$18.3B	4.1x	7.1x
Santos	$18.1B	3.5x	5.3x
AltaGas	$17.2B	1.8x	12.8x
Sunoco	$16.7B	0.7x	8.0x
Idemitsu Kosan	$16.3B	0.3x	10.5x
JSW Energy	$16.2B	7.7x	15.1x
Ovintiv	$16.0B	1.8x	3.9x
Neoenergia	$15.9B	2.0x	7.2x
DT Midstream	$15.6B	12.5x	13.7x
Origin Energy	$15.5B	1.4x	7.1x
Power Assets Holdings	$15.3B	137.7x	223.6x
Public Power Corporation	$15.2B	1.4x	6.3x
PTTEP	$15.2B	1.7x	2.4x
Galp Energia	$14.7B	0.6x	4.1x
GAIL (India)	$14.7B	1.0x	9.6x
Enel Americas	$14.6B	1.0x	3.3x
Antero Resources	$14.3B	2.8x	8.7x
ACCIONA Energía	$14.1B	4.1x	7.6x
Zheneng Electric	$14.1B	1.2x	5.4x
Permian Resources	$14.0B	2.7x	3.6x
HK Electric	$13.8B	8.5x	12.0x
ARC Resources	$13.4B	3.1x	5.5x
Electric Power Dev	$13.3B	1.7x	8.9x
Vår Energi	$13.2B	n/a	n/a
Antarchile	$13.1B	0.4x	4.6x
Formosa Petrochemical	$13.1B	0.7x	16.5x
NHPC	$13.0B	10.0x	17.6x
APA	$12.8B	1.6x	2.5x
BKW	$12.6B	2.1x	10.3x
OMV Petrom	$12.6B	1.6x	6.5x
Whitecap Resources	$12.5B	3.1x	5.6x
HD Hyundai	$12.5B	0.3x	2.5x
Raizen	$12.3B	0.3x	5.7x
Chuantou Energy	$11.9B	48.0x	14.3x
Grupo Energía Bogotá	$11.9B	5.5x	13.1x
Oklo	$11.9B	n/a	-120.9x
ENN Energy	$11.8B	0.7x	6.9x
Antero Midstream	$11.7B	9.8x	10.5x
Capital Power	$11.5B	4.5x	10.0x
Algonquin Power	$11.3B	4.7x	11.4x
Guangxi Guiguan Electric	$10.9B	7.4x	11.5x
S-Oil	$10.9B	0.5x	15.9x
ENGIE Brasil Energia	$10.8B	5.2x	8.5x
Hubei Energy	$10.7B	4.0x	9.1x
Eneva	$10.6B	3.9x	8.8x
HF Sinclair	$10.4B	0.4x	4.8x
Energisa	$10.3B	1.8x	6.9x
National Fuel Gas	$10.3B	4.4x	7.0x
Oil India	$10.1B	4.2x	9.5x
Comstock Resources	$9.9B	5.2x	9.3x
Range Resources	$9.9B	3.3x	7.0x
Enlight Renewable Energy	$9.7B	n/a	n/a
Black Hills	$9.6B	4.1x	10.4x
Ormat Technologies	$9.6B	9.9x	16.5x
Meridian Energy	$9.4B	3.3x	19.8x
Aboitiz Power	$9.4B	2.9x	9.5x
Shenergy Group	$9.3B	2.3x	6.3x
ReNew	$9.2B	6.3x	9.3x
PRIO	$9.2B	3.7x	6.3x
Uniper	$9.1B	0.1x	6.8x
Viper Energy	$9.0B	6.5x	7.0x
Romgaz	$8.7B	4.7x	8.7x
Petronas Gas	$8.6B	5.4x	10.2x
CEMIG	$8.5B	1.2x	6.3x
Matador Resources	$8.5B	2.4x	3.6x
Ades Holding	$8.4B	4.8x	9.1x
Shaanxi Energy Investment	$8.3B	2.8x	6.4x
MOL Group	$8.3B	0.3x	2.5x
CNX Resources	$8.2B	4.1x	6.8x
Hess Midstream	$8.2B	5.0x	6.6x
Sinopec Oilfield Service	$8.2B	0.7x	n/a
Harbour Energy	$8.1B	0.8x	1.2x
TAURON	$8.0B	0.9x	3.8x
Northland Power	$8.0B	4.7x	9.0x
NextDecade	$8.0B	n/a	-42.3x
Delek Group	$7.8B	2.1x	n/a
NewMed Energy	$7.8B	9.1x	n/a
Torrent Power	$7.7B	2.3x	12.2x
Opc Energy	$7.6B	n/a	n/a
Guangzhou Development Group	$7.6B	1.1x	n/a
Vista Energy	$7.5B	3.1x	4.5x
TransAlta	$7.4B	4.0x	8.8x
Civitas Resources	$7.4B	1.6x	2.3x
NorthWestern Energy	$7.3B	4.5x	11.5x
Cosmo Energy Holdings	$7.2B	0.4x	5.6x
Icahn Enterprises	$7.2B	0.8x	n/a
Jiangsu Guoxin	$7.1B	n/a	n/a
Tüpraş	$7.0B	0.4x	4.7x
Guangdong Investment	$7.0B	2.9x	5.5x
Centrica	$6.9B	0.2x	4.1x
EVN	$6.9B	1.9x	6.5x
Banpu	$6.9B	1.3x	6.1x
Guanghui Energy	$6.7B	1.5x	9.6x
INA-Industrija Nafte	$6.6B	n/a	n/a
Kinetik Holdings	$6.5B	3.8x	6.6x
Mercury NZ	$6.4B	3.1x	12.4x
Contact Energy	$6.4B	3.3x	12.7x
TAQA Morocco	$6.4B	5.6x	18.9x
ERG	$6.3B	6.5x	9.5x
Avista	$6.3B	3.2x	n/a
Murphy Oil	$6.3B	2.3x	4.2x
HELLENiQ ENERGY	$6.2B	0.5x	5.1x
Ligga	$6.2B	1.6x	6.0x
Motor Oil (Hellas)	$6.2B	0.5x	4.7x
SJVN	$6.2B	13.2x	19.4x
Chord Energy	$6.2B	1.3x	2.6x
AGL Energy	$6.1B	0.6x	4.5x
Strathcona Resources	$6.1B	2.2x	4.6x
Crescent Energy	$6.1B	1.7x	3.0x
Pampa Energia	$6.0B	3.1x	6.6x
Auren Energia	$6.0B	2.6x	9.2x
Viva Energy Australia	$6.0B	0.3x	12.8x
Thaioil	$5.8B	0.4x	8.0x
PBF Energy	$5.8B	0.2x	77.1x
Rede Energia	$5.6B	n/a	n/a
Energa	$5.5B	n/a	n/a
Fujian Funeng Co	$5.5B	2.8x	5.9x
Energix-Renewable	$5.4B	n/a	n/a
Fuchs	$5.3B	1.3x	8.5x
Energean	$5.3B	3.1x	5.0x
Navitas Petroleum	$5.2B	n/a	n/a
Drax Group	$5.1B	0.6x	4.2x
MedcoEnergi	$5.1B	2.2x	4.5x
Kunlun Energy	$5.1B	0.2x	2.3x
Boralex	$5.0B	7.8x	10.3x
Enel Generacion Chile	$4.8B	n/a	n/a
California Resources	$4.8B	1.4x	3.9x
Helmerich & Payne	$4.8B	1.3x	5.2x
SM Energy	$4.7B	1.4x	2.1x
Gulfport Energy	$4.7B	3.4x	5.3x
PTT Oil and Retail	$4.6B	0.2x	7.2x
Bangchak Corporation	$4.5B	0.3x	4.0x
FTAI Infrastructure	$4.5B	8.5x	14.6x
ALDREES Petroleum	$4.5B	0.7x	13.7x
Luberef	$4.5B	2.0x	14.6x
PetroVietnam Gas	$4.4B	1.0x	6.8x
Northern Oil & Gas	$4.4B	1.9x	2.7x
Delek US Holdings	$4.4B	0.4x	3.8x
NuScale Power	$4.4B	105.3x	-7.7x
ACEN	$4.3B	7.4x	21.7x
TAESA	$4.3B	n/a	n/a
Ithaca Energy	$4.3B	1.4x	2.0x
B.Grimm Power	$4.2B	2.3x	9.4x
Electricity Generating	$4.2B	3.7x	13.4x
Peyto	$4.2B	4.7x	5.7x
Magnolia Oil & Gas	$4.1B	3.1x	4.5x
Solaria Energia	$4.1B	11.7x	13.4x
Otter Tail	$4.1B	3.2x	8.4x
Scatec	$4.0B	7.9x	9.7x
Brava Energia	$4.0B	1.8x	4.3x
Calumet	$3.9B	1.0x	13.1x
Mangalore Refinery	$3.9B	0.4x	9.5x
Ignitis	$3.9B	1.3x	6.5x
Baytex Energy	$3.9B	1.7x	2.9x
CVR Energy	$3.8B	0.5x	9.4x
Grenergy Renovables	$3.8B	5.0x	16.4x
Minera Valparaiso	$3.7B	n/a	n/a
MGE Energy	$3.7B	5.2x	13.6x
Voltalia	$3.6B	5.6x	14.7x
Secure Waste Infr	$3.5B	3.2x	9.7x
SK Gas	$3.4B	0.6x	6.5x
Alliance Res Partners	$3.4B	1.5x	5.0x
Kosmos Energy	$3.4B	2.5x	5.7x
Energisa Mato Grosso	$3.4B	n/a	n/a
Patterson-UTI	$3.3B	0.7x	3.7x
Tamarack Valley Energy	$3.3B	2.8x	4.9x
Societatea Nationala Nuclearelectrica	$3.3B	2.7x	5.0x
Equatorial Para Distribuidora de Energia	$3.2B	n/a	n/a
Reliance Power	$3.1B	n/a	n/a
BKV Corporation	$3.1B	3.4x	9.2x
OGDC	$3.1B	2.2x	n/a
Par Pacific Holdings	$3.0B	0.4x	6.7x
Central Puerto	$3.0B	4.3x	9.2x
Mach Natural Resources	$3.0B	2.7x	5.0x
Lechwerke	$2.9B	n/a	n/a
Pertamina Geothermal	$2.9B	6.9x	8.6x
Talos Energy	$2.8B	1.5x	2.3x
AKSA Enerji	$2.8B	n/a	n/a
NuVista Energy	$2.7B	3.0x	5.3x
Odfjell Drilling	$2.5B	2.9x	5.8x
International Petroleum	$2.5B	3.7x	10.4x
Greencoat Renewables	$2.4B	n/a	n/a
Genesis Energy New Zealand	$2.3B	1.1x	8.5x
Athabasca Oil Corporation	$2.3B	2.6x	6.0x
DNO	$2.3B	1.5x	2.4x
Tsakos Energy Navigation	$2.3B	3.5x	5.8x
Orygen Peru	$2.2B	n/a	n/a
Vermilion Energy	$2.2B	1.5x	2.9x
Banpu Power	$2.1B	2.9x	10.3x
BlueNord	$2.0B	2.1x	3.8x
Beach Energy	$2.0B	1.5x	2.8x
Paramount Resources	$2.0B	3.9x	2.4x
Shanghai Petrochemical	$2.0B	0.2x	8.9x
Celsia	$2.0B	1.4x	4.6x
Alerion CleanPower	$1.9B	6.7x	8.6x
PNEGroup	$1.9B	5.9x	20.5x
Advantage Energy	$1.9B	3.7x	6.4x
Birchcliff Energy	$1.9B	3.6x	6.2x
Empresa Eléctrica Pehuenche	$1.9B	n/a	n/a
LandBridge	$1.8B	9.4x	10.6x
Shikun & Binui Energy	$1.8B	n/a	n/a
Polenergia	$1.8B	1.7x	12.4x
Verbio	$1.7B	0.9x	28.4x
Edenor	$1.7B	0.7x	4.1x
Dana Gas	$1.7B	5.6x	7.5x
HighPeak Energy	$1.6B	1.8x	2.5x
Bukit Asam	$1.6B	0.6x	6.9x
Headwater Exploration	$1.5B	3.6x	5.7x
Petrolimex	$1.5B	0.2x	8.0x
CropEnergies	$1.4B	n/a	n/a
Natural Resources	$1.4B	n/a	n/a
CK Power PCL	$1.4B	4.0x	10.6x
Naturenergie Holding	$1.3B	0.6x	3.5x
Capex	$1.1B	n/a	n/a
Waaree RTL	$1.1B	n/a	n/a
Vulcan Energy Resources	$1.1B	114.0x	-24.2x
Audax Renovables	$1.0B	0.4x	8.0x
Dorchester Minerals	$1.0B	n/a	n/a
Maurel & Prom	$1.0B	1.6x	3.4x
Engie Energia Peru	$985M	n/a	n/a
Energiekontor	$972M	5.0x	10.7x
Hallador Energy	$896M	1.9x	16.6x
Ecoener	$894M	7.3x	13.3x
SP New Energy	$883M	n/a	n/a
Petroreconcavo	$872M	1.5x	3.2x
Gran Tierra Energy	$861M	1.4x	2.9x
Savannah Energy	$805M	3.5x	4.4x
Arendals Fossekompani	$753M	20.1x	40.6x
West Holdings	$747M	2.3x	n/a
Amplitude Energy	$741M	3.9x	6.0x
Archer	$702M	0.5x	4.7x
Berry Corp	$641M	1.0x	2.7x
Clean Energy Fuels	$625M	1.5x	9.4x
Gevo	$619M	4.3x	52.1x
Tamboran Resources	$531M	68.1x	-27.7x
KN Energies	$489M	n/a	n/a
ABO Energy	$456M	1.4x	14.0x
Bannerman Energy	$451M	1454.6x	-78.3x
Deutsche Rohstoff	$437M	1.9x	2.9x
EnviTec Biogas	$417M	n/a	n/a
HLB Life Science	$399M	n/a	n/a
OPAL Fuels	$396M	1.2x	4.8x
Edisun Power	$369M	n/a	n/a
Dynagas LNG Partners	$362M	2.4x	n/a
Gas Plus	$359M	n/a	n/a
Petrolina (Hldgs)	$340M	n/a	n/a
Boss Energy	$333M	3.3x	11.0x
Montauk Renewables	$321M	1.8x	8.7x
Infinity Natural Resources	$303M	0.9x	1.3x
LGI Ltd.	$296M	11.5x	22.5x
PrimeEnergy Resources	$288M	n/a	n/a
Deep Value Driller	$279M	5.0x	5.4x
Strike Energy	$278M	5.9x	10.9x
Genie Energy	$267M	0.5x	8.2x
La Francaise de l'Energie	$262M	6.5x	11.2x
Photon Energy	$228M	1.9x	21.8x
Empresa Metropolitana	$227M	n/a	n/a
Orron Energy	$223M	6.0x	-30.6x
Makpetrol	$212M	n/a	n/a
Awilco LNG	$207M	n/a	n/a
A.b.p. Nocivelli	$201M	1.8x	9.7x
Lhyfe	$198M	16.1x	-6.3x
Beetaloo Energy Australia	$195M	184.9x	-52.7x
Kolibri Global Energy	$184M	3.1x	4.1x
Bumech	$182M	n/a	n/a
Electrica Puntilla	$169M	n/a	n/a
Clearvise	$152M	3.1x	4.7x
Invictus Energy	$133M	n/a	n/a
Daldrup & Söhne	$131M	2.3x	14.3x
Conpet	$128M	n/a	n/a
Oil Terminal	$126M	n/a	n/a
QPM Energy	$126M	1.6x	6.7x
Okea	$123M	0.1x	0.2x
Omega Oil & Gas	$121M	n/a	n/a
Enda Enerji	$121M	n/a	n/a
Epsilon Energy	$120M	3.8x	n/a
EDELMAG	$115M	n/a	n/a
Comet Ridge	$103M	150631.6x	-33.3x
Dolphin Drilling	$102M	1.2x	-1.9x
Aura Energy	$99.3M	n/a	-11.7x
Docks Petroles d Ambes	$87.5M	n/a	n/a
Frontier Energy	$84.0M	n/a	-35.0x
AleAnna	$79.2M	n/a	n/a
Maha Capital	$77.8M	9.0x	-10.3x
Pyxis Tankers	$66.9M	1.8x	4.7x
Kinetiko Energy	$66.3M	n/a	-21.9x
PTR Minerals	$65.0M	n/a	n/a
InterOil Exploration	$43.1M	n/a	n/a
Imperial Ptrl	$38.0M	0.2x	0.6x
Toplivo	$32.9M	n/a	n/a
Robin Energy	$28.2M	n/a	n/a
Eagle Filters Group	$25.3M	n/a	n/a
Groupe Okwind	$24.5M	0.4x	41.7x
Onico	$21.6M	n/a	n/a
Uni-Fuels	$20.9M	n/a	n/a
Hydrogen De	$19.1M	1.3x	-1.0x
Ecoslops	$17.6M	n/a	n/a
Delixy Holdings	$15.8M	n/a	n/a
Hunter Group	$14.9M	n/a	n/a
Founder Group Limited	$13.2M	n/a	n/a
Atlantic Petroleum	$12.5M	n/a	n/a
Oil and Gas Explr and Pro	$7.0M	n/a	n/a
Igrene	$2.9M	n/a	n/a
Clean & Carbon Energy	$2.9M	n/a	n/a
Verde Clean Fuels	-$9.5M	n/a	n/a
LW Bogdanka	-$66.9M	-0.1x	-0.4x