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	$1.71T	4.0x	7.7x
Exxon Mobil	$514B	1.5x	7.3x
Chevron	$335B	1.8x	8.1x
Shell	$266B	0.9x	4.5x
NextEra Energy	$261B	9.4x	16.2x
PetroChina	$239B	0.6x	3.7x
Iberdrola	$194B	3.6x	10.2x
TotalEnergies	$173B	0.9x	4.3x
Enel	$170B	1.8x	6.3x
China Petroleum	$140B	0.3x	5.2x
China Yangtze Power	$138B	11.4x	14.2x
Petrobras	$132B	1.5x	3.1x
BP	$131B	0.7x	3.5x
ConocoPhillips	$128B	2.1x	5.1x
Constellation Energy	$126B	5.3x	24.5x
TAQA	$117B	7.6x	22.1x
China Shenhua Energy	$106B	2.4x	7.4x
Engie	$99.3B	1.2x	5.8x
CNOOC	$97.9B	1.7x	2.7x
Marathon Petroleum	$87.8B	0.7x	8.1x
Vistra	$84.3B	4.4x	14.4x
Canadian Natural Resources	$78.4B	2.8x	6.2x
Huadian New Energy Group	$77.8B	n/a	n/a
Eni	$77.0B	0.8x	3.9x
Phillips 66	$75.1B	0.6x	10.0x
ADNOC Gas	$70.6B	3.7x	8.8x
Occidental Petroleum	$70.2B	2.6x	5.2x
Cheniere Energy	$70.1B	3.6x	10.4x
Equinor	$69.1B	0.7x	1.7x
Pioneer Natural Resources	$63.4B	n/a	n/a
Valero Energy	$57.7B	0.5x	8.4x
EOG Resources	$57.0B	2.4x	4.7x
Suncor Energy	$56.7B	1.6x	5.3x
Diamondback Energy	$56.1B	4.1x	5.8x
Huaneng Power	$55.5B	1.6x	6.7x
ONGC	$54.3B	0.7x	4.7x
CGN Power	$51.4B	4.2x	9.9x
GD Power Development	$50.9B	2.1x	8.3x
Venture Global	$49.1B	4.0x	8.6x
Imperial Oil	$47.7B	1.3x	8.7x
Ecopetrol	$46.8B	1.5x	3.8x
EDP-Energias De Portugal	$46.0B	2.4x	8.1x
Cameco	$45.7B	18.9x	34.8x
PTT	$45.7B	0.5x	3.9x
NRG Energy	$45.1B	1.5x	11.3x
China Three Gorges	$44.2B	10.2x	11.8x
Tokyo Electric Power	$44.2B	1.0x	n/a
Huaneng Lancang River	$43.4B	11.5x	15.4x
CEZ	$41.9B	2.6x	6.5x
IndianOil	$40.9B	0.5x	7.5x
SSE	$40.9B	3.0x	9.2x
EQT Corporation	$40.7B	5.2x	8.0x
SK Innovation	$40.7B	0.7x	18.6x
RWE	$40.3B	1.5x	7.1x
Adani Power	$39.8B	6.2x	15.8x
AES	$38.9B	3.2x	14.2x
Woodside Energy	$38.5B	3.0x	4.3x
Kansai Electric Power	$38.2B	1.4x	7.4x
China Resources Power	$37.7B	2.8x	7.1x
Cenovus Energy	$35.5B	0.9x	5.4x
Longyuan Power	$35.3B	7.5x	9.9x
SDIC Power Holdings	$35.2B	4.5x	8.7x
Hengli Petrochemical	$34.9B	1.1x	10.0x
Orsted	$34.9B	3.1x	8.2x
Orlen	$34.0B	0.4x	3.4x
Dian Swastatika Sentosa	$33.1B	n/a	n/a
China Power	$33.1B	4.6x	8.8x
Datang International	$31.7B	1.8x	6.6x
Eletrobras	$31.2B	4.3x	7.9x
Adani Green Energy	$30.5B	19.9x	24.2x
Gulf Development	$29.6B	7.5x	32.7x
ENEOS Holdings	$28.7B	0.4x	6.9x
Expand Energy	$28.4B	2.8x	6.4x
Repsol	$27.6B	0.4x	3.2x
Devon Energy	$27.6B	1.6x	3.7x
Verbund	$27.4B	2.7x	8.0x
EDP Renovaveis	$27.3B	9.1x	12.8x
Chubu Electric Power	$27.3B	1.2x	10.7x
ADNOC Drilling Company	$26.5B	5.7x	12.2x
Inpex	$25.7B	1.9x	3.0x
Huadian Power	$25.5B	1.5x	7.9x
Kyushu Electric Power	$25.2B	1.7x	8.9x
Shanghai Electric Power	$25.0B	4.0x	n/a
YPF	$23.7B	1.4x	5.3x
Bharat Petroleum	$23.0B	0.4x	7.0x
Aker BP	$22.5B	2.0x	2.3x
Coterra Energy	$22.1B	3.1x	4.8x
Tata Power	$21.9B	2.8x	13.3x
Neste	$21.8B	1.0x	13.0x
Brookfield Renewable	$21.4B	3.7x	9.0x
Texas Pacific	$21.0B	28.5x	33.4x
Talen Energy	$20.8B	9.1x	21.4x
Oklo	$19.7B	n/a	-273.0x
Chugoku Electric Power	$19.6B	2.0x	12.5x
OMV	$19.4B	0.5x	2.5x
Tohoku Electric Power	$19.3B	1.1x	6.4x
Tokyo Gas	$18.9B	1.1x	6.7x
Santos	$18.3B	3.5x	5.3x
JSW Energy	$17.7B	8.8x	17.6x
Empresas COPEC	$17.4B	0.6x	6.2x
Galp Energia	$17.1B	0.7x	4.8x
Tourmaline Oil	$17.0B	3.7x	6.6x
Origin Energy	$16.6B	1.5x	7.7x
AltaGas	$16.5B	1.8x	12.6x
Ovintiv	$16.1B	1.8x	3.8x
Idemitsu Kosan	$16.0B	0.3x	10.3x
GAIL (India)	$15.9B	1.0x	9.5x
Sunoco	$15.5B	0.7x	8.1x
Neoenergia	$15.1B	1.9x	6.9x
ACCIONA Energía	$14.9B	4.3x	8.2x
HD Hyundai	$14.8B	0.3x	3.1x
DT Midstream	$14.5B	12.0x	13.0x
NHPC	$14.3B	10.6x	18.7x
Zheneng Electric	$14.2B	1.2x	5.8x
Enel Americas	$14.1B	1.0x	3.4x
Power Assets Holdings	$13.9B	124.0x	123.3x
Public Power Corporation	$13.9B	1.2x	6.0x
Vår Energi	$13.7B	n/a	n/a
HK Electric	$13.5B	8.5x	12.3x
BKW	$13.5B	2.2x	10.6x
Electric Power Dev	$13.3B	1.6x	8.5x
PTTEP	$13.3B	1.5x	2.1x
Permian Resources	$12.9B	2.5x	3.4x
Formosa Petrochemical	$12.8B	0.6x	18.6x
Antero Resources	$12.8B	2.6x	8.4x
APA	$12.6B	1.4x	2.4x
Capital Power	$12.5B	5.1x	11.4x
Chuantou Energy	$12.4B	51.2x	16.1x
Raizen	$12.3B	0.3x	5.6x
HF Sinclair	$12.1B	0.4x	6.3x
Antarchile	$12.1B	0.4x	4.4x
ARC Resources	$12.1B	2.8x	5.0x
Grupo Energía Bogotá	$12.1B	5.7x	14.0x
Whitecap Resources	$11.7B	3.1x	5.6x
ENN Energy	$11.5B	0.7x	6.9x
OMV Petrom	$11.5B	1.5x	5.9x
Antero Midstream	$11.4B	9.7x	10.3x
Guangxi Guiguan Electric	$11.4B	8.0x	12.2x
Algonquin Power	$10.7B	4.5x	10.8x
Oil India	$10.6B	4.3x	9.4x
Ligga	$10.6B	2.7x	10.2x
Hubei Energy	$10.5B	3.8x	11.1x
S-Oil	$10.3B	0.4x	14.7x
Energisa	$10.2B	1.8x	6.8x
Eneva	$10.0B	4.3x	8.8x
ReNew	$10.0B	7.2x	10.2x
ENGIE Brasil Energia	$9.9B	4.9x	7.8x
National Fuel Gas	$9.9B	4.1x	6.9x
Meridian Energy	$9.7B	3.4x	22.1x
Range Resources	$9.6B	3.4x	7.1x
Northland Power	$9.3B	5.6x	10.4x
Aboitiz Power	$9.3B	2.7x	9.5x
MOL Group	$9.2B	0.4x	2.8x
Black Hills	$9.0B	3.9x	10.0x
Ormat Technologies	$9.0B	9.5x	15.7x
TransAlta	$8.9B	4.8x	10.5x
Shenergy Group	$8.7B	2.2x	6.0x
PRIO	$8.6B	3.4x	5.5x
CEMIG	$8.5B	1.2x	5.9x
Petronas Gas	$8.5B	5.6x	10.4x
TAURON	$8.5B	0.9x	4.2x
Harbour Energy	$8.5B	0.9x	1.3x
Comstock Resources	$8.5B	4.8x	8.2x
Torrent Power	$8.4B	2.4x	13.1x
Sinopec Oilfield Service	$8.4B	0.7x	n/a
Romgaz	$8.3B	4.5x	8.5x
Tüpraş	$8.2B	0.4x	6.0x
Shaanxi Energy Investment	$8.2B	2.6x	6.8x
Matador Resources	$8.2B	2.3x	3.5x
Ades Holding	$8.2B	4.8x	9.2x
Hess Midstream	$8.2B	5.1x	6.7x
Enlight Renewable Energy	$8.0B	n/a	n/a
Civitas Resources	$8.0B	1.7x	2.5x
Vista Energy	$7.8B	3.4x	5.0x
Uniper	$7.7B	0.1x	4.8x
Centrica	$7.7B	0.3x	3.9x
Delek Group	$7.6B	2.1x	n/a
Guangzhou Development Group	$7.6B	1.1x	n/a
Icahn Enterprises	$7.6B	0.9x	n/a
Guangdong Investment	$7.5B	3.1x	6.0x
Viper Energy	$7.4B	5.6x	6.2x
Jiangsu Guoxin	$7.3B	n/a	n/a
CNX Resources	$7.3B	4.0x	6.3x
Cosmo Energy Holdings	$7.3B	0.4x	5.7x
Strathcona Resources	$7.3B	2.4x	5.6x
TAQA Morocco	$7.2B	6.0x	20.4x
NewMed Energy	$7.0B	8.0x	n/a
NorthWestern Energy	$6.9B	4.3x	11.1x
Guanghui Energy	$6.8B	1.4x	8.6x
SJVN	$6.7B	14.8x	19.8x
NextDecade	$6.7B	n/a	-35.9x
PBF Energy	$6.6B	0.2x	-539.6x
Mercury NZ	$6.5B	3.2x	13.1x
Contact Energy	$6.4B	3.3x	13.3x
ERG	$6.4B	6.6x	9.8x
INA-Industrija Nafte	$6.3B	n/a	n/a
Avista	$6.3B	3.2x	n/a
Kinetik Holdings	$6.3B	3.7x	6.1x
EVN	$6.3B	1.7x	6.3x
Opc Energy	$6.2B	n/a	n/a
Chord Energy	$6.2B	1.4x	2.7x
Banpu	$6.1B	1.2x	5.6x
MEG Energy	$6.0B	1.9x	6.8x
AGL Energy	$5.9B	0.6x	4.5x
HELLENiQ ENERGY	$5.9B	0.4x	5.8x
ALLETE	$5.9B	3.4x	11.9x
Murphy Oil	$5.8B	2.1x	4.0x
Auren Energia	$5.7B	2.7x	8.8x
Thaioil	$5.6B	0.4x	8.0x
Motor Oil (Hellas)	$5.6B	0.4x	4.9x
Crescent Energy	$5.5B	1.6x	2.9x
NuScale Power	$5.5B	121.1x	-38.7x
Viva Energy Australia	$5.5B	0.3x	12.2x
Fujian Funeng Co	$5.5B	2.8x	6.2x
Energean	$5.5B	3.2x	5.1x
Pampa Energia	$5.3B	3.0x	6.6x
Fuchs	$5.3B	1.3x	8.6x
Ithaca Energy	$5.3B	1.8x	2.6x
ALDREES Petroleum	$5.1B	0.8x	16.0x
Navitas Petroleum	$5.1B	n/a	n/a
Boralex	$5.1B	8.2x	10.4x
CVR Energy	$5.0B	0.7x	14.0x
SM Energy	$5.0B	1.6x	2.3x
Rede Energia	$4.9B	n/a	n/a
California Resources	$4.9B	1.5x	4.1x
MedcoEnergi	$4.9B	2.1x	4.2x
Delek US Holdings	$4.9B	0.4x	9.5x
Kunlun Energy	$4.9B	0.2x	2.2x
Energa	$4.8B	n/a	n/a
Drax Group	$4.8B	0.6x	3.8x
Energix-Renewable	$4.7B	n/a	n/a
Helmerich & Payne	$4.7B	1.2x	5.1x
Bangchak Corporation	$4.6B	0.3x	3.9x
PTT Oil and Retail	$4.6B	0.2x	7.8x
Enel Generacion Chile	$4.5B	n/a	n/a
Northern Oil & Gas	$4.4B	1.9x	2.8x
Luberef	$4.4B	1.9x	14.4x
Mangalore Refinery	$4.4B	0.4x	11.0x
Magnolia Oil & Gas	$4.3B	3.2x	4.6x
Brava Energia	$4.2B	2.0x	4.4x
B.Grimm Power	$4.2B	2.4x	9.7x
Electricity Generating	$4.1B	3.6x	13.3x
TAESA	$4.1B	n/a	n/a
Scatec	$4.1B	6.5x	9.3x
PetroVietnam Gas	$4.1B	1.0x	6.2x
Otter Tail	$4.0B	3.0x	7.8x
Gulfport Energy	$3.9B	3.0x	4.6x
Calumet	$3.9B	0.9x	15.2x
Reliance Power	$3.9B	n/a	n/a
ACEN	$3.9B	6.3x	22.0x
FTAI Infrastructure	$3.9B	7.6x	14.3x
MGE Energy	$3.8B	5.4x	14.3x
Peyto	$3.8B	4.2x	5.3x
SK Gas	$3.8B	0.7x	7.8x
Ignitis	$3.6B	1.3x	5.7x
Solaria Energia	$3.6B	12.1x	13.4x
Voltalia	$3.6B	5.8x	14.8x
Kosmos Energy	$3.5B	2.4x	4.8x
Grenergy Renovables	$3.5B	5.3x	15.6x
Patterson-UTI	$3.5B	0.7x	3.8x
Alliance Res Partners	$3.5B	1.5x	5.1x
Par Pacific Holdings	$3.5B	0.5x	8.6x
Secure Waste Infr	$3.5B	3.3x	9.7x
Minera Valparaiso	$3.4B	n/a	n/a
Serena Energia	$3.4B	6.5x	9.7x
Pertamina Geothermal	$3.4B	8.0x	10.0x
Energisa Mato Grosso	$3.4B	n/a	n/a
Baytex Energy	$3.2B	1.3x	2.5x
Equatorial Para Distribuidora de Energia	$3.2B	n/a	n/a
Vital Energy	$3.0B	1.5x	2.2x
Lechwerke	$2.9B	n/a	n/a
OGDC	$2.8B	n/a	n/a
Tamarack Valley Energy	$2.7B	2.4x	4.1x
Societatea Nationala Nuclearelectrica	$2.7B	2.1x	3.7x
Mach Natural Resources	$2.6B	2.4x	4.2x
Talos Energy	$2.6B	1.4x	2.2x
Vermilion Energy	$2.5B	1.7x	3.5x
NuVista Energy	$2.5B	2.8x	5.0x
Odfjell Drilling	$2.4B	2.8x	5.7x
Genesis Energy New Zealand	$2.4B	1.1x	8.9x
Greencoat Renewables	$2.4B	n/a	n/a
Central Puerto	$2.3B	3.6x	7.5x
AKSA Enerji	$2.3B	n/a	n/a
Athabasca Oil Corporation	$2.3B	2.6x	5.8x
Orygen Peru	$2.2B	n/a	n/a
BKV Corporation	$2.2B	2.6x	7.0x
DNO	$2.2B	1.5x	2.6x
Celsia	$2.2B	1.5x	5.2x
Tsakos Energy Navigation	$2.1B	3.2x	5.5x
Alerion CleanPower	$2.1B	8.3x	11.1x
Shanghai Petrochemical	$2.1B	0.2x	9.0x
International Petroleum	$2.1B	3.2x	8.6x
Beach Energy	$2.1B	1.6x	2.9x
BlueNord	$2.1B	2.2x	3.8x
PNEGroup	$2.1B	6.5x	21.9x
Paramount Resources	$1.9B	3.1x	2.4x
Banpu Power	$1.9B	3.4x	7.8x
Polenergia	$1.9B	1.7x	12.0x
LandBridge	$1.9B	10.2x	11.5x
Empresa Eléctrica Pehuenche	$1.8B	n/a	n/a
HighPeak Energy	$1.8B	2.0x	2.6x
Advantage Energy	$1.8B	3.6x	6.3x
Birchcliff Energy	$1.7B	3.3x	5.8x
Dana Gas	$1.7B	5.0x	7.0x
Shikun & Binui Energy	$1.6B	n/a	n/a
Edenor	$1.5B	0.8x	9.2x
Bukit Asam	$1.5B	0.6x	5.0x
Waaree RTL	$1.5B	n/a	n/a
Verbio	$1.4B	0.8x	32.3x
Natural Resources	$1.4B	n/a	n/a
CropEnergies	$1.4B	n/a	n/a
CK Power PCL	$1.3B	4.2x	9.9x
Naturenergie Holding	$1.3B	0.6x	3.6x
Petrolimex	$1.3B	0.1x	6.2x
Dorchester Minerals	$1.2B	n/a	n/a
Headwater Exploration	$1.2B	2.7x	4.3x
Engie Energia Peru	$1.1B	n/a	n/a
Audax Renovables	$1.1B	0.4x	8.2x
Capex	$1.1B	n/a	n/a
Energiekontor	$992M	5.3x	11.1x
SP New Energy	$990M	n/a	n/a
Maurel & Prom	$920M	1.4x	3.0x
Hallador Energy	$916M	2.1x	23.0x
Vulcan Energy Resources	$907M	99.8x	-18.8x
Petroreconcavo	$893M	1.5x	3.1x
Ecoener	$876M	7.1x	13.2x
Gran Tierra Energy	$842M	1.2x	2.5x
Savannah Energy	$834M	3.5x	4.6x
West Holdings	$776M	2.4x	10.1x
Arendals Fossekompani	$756M	20.0x	40.5x
Clean Energy Fuels	$753M	1.8x	11.5x
ABO Energy	$691M	1.5x	7.9x
Archer	$691M	0.5x	4.5x
Gevo	$661M	5.6x	804.5x
Amplitude Energy	$655M	3.6x	5.6x
Berry Corp	$651M	0.9x	2.6x
Empresa Metropolitana	$524M	n/a	n/a
Tamboran Resources	$507M	89.0x	-24.6x
Boss Energy	$485M	5.9x	29.4x
KN Energies	$455M	n/a	n/a
Bannerman Energy	$445M	1307.7x	-77.8x
Deutsche Rohstoff	$433M	1.9x	2.8x
HLB Life Science	$433M	n/a	n/a
EnviTec Biogas	$426M	n/a	n/a
Gas Plus	$380M	n/a	n/a
Edisun Power	$374M	n/a	n/a
OPAL Fuels	$370M	1.1x	4.4x
Dynagas LNG Partners	$350M	2.3x	n/a
Okea	$347M	0.4x	0.6x
Petrolina (Hldgs)	$339M	n/a	n/a
Montauk Renewables	$333M	1.9x	9.0x
LGI Ltd.	$319M	13.0x	25.7x
Genie Energy	$297M	0.6x	7.8x
Deep Value Driller	$279M	4.9x	5.1x
Strike Energy	$272M	5.8x	10.9x
La Francaise de l'Energie	$260M	6.6x	11.6x
Bumech	$247M	n/a	n/a
Photon Energy	$233M	2.0x	22.3x
PrimeEnergy Resources	$231M	n/a	n/a
Makpetrol	$215M	n/a	n/a
Awilco LNG	$207M	n/a	n/a
Beetaloo Energy Australia	$202M	188.1x	-51.7x
Infinity Natural Resources	$202M	0.6x	0.9x
Orron Energy	$199M	5.3x	-86.5x
Lhyfe	$196M	17.4x	-6.3x
A.b.p. Nocivelli	$193M	1.8x	9.5x
Kolibri Global Energy	$182M	3.0x	3.9x
Electrica Puntilla	$161M	n/a	n/a
Invictus Energy	$156M	n/a	n/a
Clearvise	$134M	2.8x	4.2x
Enda Enerji	$134M	n/a	n/a
Conpet	$133M	n/a	n/a
QPM Energy	$125M	1.6x	6.4x
Oil Terminal	$123M	n/a	n/a
Aura Energy	$121M	n/a	-17.9x
Daldrup & Söhne	$111M	1.9x	11.8x
EDELMAG	$109M	n/a	n/a
AleAnna	$108M	n/a	n/a
Frontier Energy	$97.5M	n/a	-41.8x
Dolphin Drilling	$94.9M	0.6x	5.2x
Epsilon Energy	$94.2M	3.0x	n/a
Comet Ridge	$93.1M	35999.0x	-63.1x
Docks Petroles d Ambes	$89.7M	n/a	n/a
Maha Capital	$80.7M	14.4x	-14.9x
Kinetiko Energy	$71.4M	n/a	n/a
Pyxis Tankers	$67.0M	1.7x	4.1x
Petratherm	$57.6M	n/a	n/a
InterOil Exploration	$44.3M	n/a	n/a
Uni-Fuels	$36.6M	n/a	n/a
Robin Energy	$35.6M	n/a	n/a
Toplivo	$32.6M	n/a	n/a
Hydrogen De	$28.1M	2.0x	-1.5x
Onico	$25.4M	n/a	n/a
Eagle Filters Group	$23.5M	n/a	n/a
Ecoslops	$17.6M	n/a	n/a
Delixy Holdings	$16.4M	n/a	n/a
Atlantic Petroleum	$12.5M	n/a	n/a
Founder Group Limited	$12.3M	n/a	n/a
Verde Clean Fuels	$12.2M	n/a	n/a
Hunter Group	$11.6M	n/a	n/a
Groupe Okwind	$11.2M	0.2x	19.2x
Oil and Gas Explr and Pro	$4.3M	n/a	n/a
Igrene	$3.0M	n/a	n/a
Clean & Carbon Energy	$2.8M	n/a	n/a
Imperial Ptrl	-$29.6M	-0.2x	-0.6x
Esso	-$47.1M	n/a	n/a
LW Bogdanka	-$89.4M	-0.1x	-0.5x