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	$1.70T	3.9x	7.6x
Exxon Mobil	$522B	1.6x	7.5x
Chevron	$334B	1.8x	8.0x
NextEra Energy	$265B	9.5x	16.3x
PetroChina	$262B	0.7x	4.0x
Shell	$252B	0.9x	4.4x
Iberdrola	$195B	3.7x	10.4x
TotalEnergies	$174B	0.9x	4.4x
Enel	$171B	1.9x	6.5x
China Petroleum	$146B	0.4x	5.5x
Petrobras	$141B	1.6x	3.3x
China Yangtze Power	$136B	11.3x	13.9x
BP	$132B	0.7x	3.6x
ConocoPhillips	$125B	2.1x	4.9x
TAQA	$119B	7.7x	22.5x
Constellation Energy	$111B	4.7x	21.5x
CNOOC	$107B	1.9x	3.0x
China Shenhua Energy	$103B	2.4x	7.2x
Engie	$103B	1.2x	6.1x
Marathon Petroleum	$88.8B	0.7x	7.8x
Canadian Natural Resources	$83.0B	3.0x	6.6x
Eni	$77.1B	0.8x	4.0x
Vistra	$76.5B	3.9x	13.0x
Huadian New Energy Group	$76.2B	n/a	n/a
Phillips 66	$73.8B	0.6x	9.4x
Occidental Petroleum	$69.8B	2.7x	5.1x
Cheniere Energy	$68.3B	3.5x	10.1x
ADNOC Gas	$66.6B	3.4x	8.3x
Equinor	$66.3B	0.6x	1.7x
EOG Resources	$62.6B	2.7x	5.1x
Suncor Energy	$61.9B	1.8x	5.6x
Valero Energy	$58.7B	0.5x	8.3x
Diamondback Energy	$58.0B	4.2x	5.9x
Huaneng Power	$54.4B	1.6x	6.4x
GD Power Development	$50.6B	2.1x	8.1x
Imperial Oil	$50.0B	1.4x	9.2x
CGN Power	$49.7B	4.1x	9.7x
Venture Global	$49.2B	3.9x	8.3x
ONGC	$48.2B	0.7x	4.2x
Ecopetrol	$47.5B	1.5x	3.8x
SSE	$47.5B	3.6x	11.0x
PTT	$44.7B	0.5x	3.8x
Tokyo Electric Power	$43.9B	1.0x	n/a
China Three Gorges	$43.8B	10.1x	11.8x
EQT Corporation	$43.6B	5.5x	8.4x
EDP-Energias De Portugal	$42.8B	2.3x	7.6x
CEZ	$42.7B	2.7x	6.7x
NRG Energy	$42.5B	1.4x	10.6x
RWE	$42.2B	1.6x	7.5x
IndianOil	$41.2B	0.5x	7.4x
Huaneng Lancang River	$40.4B	10.7x	14.4x
Cenovus Energy	$39.6B	1.0x	5.7x
Woodside Energy	$39.5B	3.0x	4.4x
Orsted	$39.1B	3.6x	10.0x
AES	$38.9B	3.2x	14.0x
Dian Swastatika Sentosa	$37.8B	n/a	n/a
Kansai Electric Power	$37.6B	1.4x	7.6x
China Resources Power	$37.4B	2.8x	7.0x
SK Innovation	$36.9B	0.7x	15.8x
Adani Power	$36.6B	5.7x	14.7x
Hengli Petrochemical	$35.8B	1.1x	10.2x
Orlen	$34.9B	0.5x	3.5x
Cameco	$34.7B	14.4x	26.7x
Longyuan Power	$34.6B	7.4x	9.7x
SDIC Power Holdings	$34.3B	4.4x	8.4x
China Power	$32.9B	4.6x	8.7x
Expand Energy	$31.8B	3.0x	6.9x
Datang International	$31.1B	1.8x	6.4x
Devon Energy	$29.6B	1.8x	4.0x
Adani Green Energy	$28.2B	18.2x	22.2x
Gulf Development	$28.2B	7.1x	30.6x
Chubu Electric Power	$27.3B	1.2x	11.3x
Repsol	$26.8B	0.4x	3.1x
Inpex	$26.6B	2.1x	3.2x
EDP Renovaveis	$25.5B	8.6x	11.9x
YPF	$25.5B	1.5x	5.3x
Huadian Power	$24.9B	1.5x	7.6x
Verbund	$24.9B	2.8x	7.5x
ADNOC Drilling Company	$24.4B	5.2x	11.2x
Coterra Energy	$23.6B	3.3x	5.1x
Kyushu Electric Power	$23.4B	1.6x	8.6x
Shanghai Electric Power	$22.6B	3.6x	n/a
Aker BP	$21.6B	1.9x	2.2x
Brookfield Renewable	$21.6B	3.7x	8.0x
Bharat Petroleum	$21.6B	0.4x	6.1x
Tata Power	$21.0B	2.7x	13.0x
Texas Pacific	$20.1B	25.3x	31.8x
Neste	$19.9B	0.9x	11.8x
Tokyo Gas	$19.8B	1.1x	7.3x
OMV	$19.6B	0.6x	2.6x
Talen Energy	$19.2B	8.3x	20.1x
Chugoku Electric Power	$18.9B	2.0x	12.6x
Tohoku Electric Power	$18.8B	1.2x	6.5x
Empresas COPEC	$18.4B	0.6x	6.4x
Santos	$18.3B	3.5x	5.3x
Tourmaline Oil	$18.1B	4.2x	7.2x
Galp Energia	$17.6B	0.8x	5.0x
AltaGas	$17.3B	1.9x	13.2x
Sunoco	$17.3B	0.7x	8.6x
JSW Energy	$16.5B	8.0x	15.9x
Ovintiv	$16.3B	1.8x	3.9x
Idemitsu Kosan	$15.9B	0.3x	10.8x
GAIL (India)	$15.8B	1.0x	10.0x
Neoenergia	$15.7B	2.0x	7.1x
Origin Energy	$15.2B	1.4x	7.1x
DT Midstream	$15.2B	12.4x	13.5x
Enel Americas	$14.8B	1.0x	3.4x
Public Power Corporation	$14.6B	1.3x	6.2x
Power Assets Holdings	$14.3B	128.2x	144.4x
Formosa Petrochemical	$14.2B	0.7x	18.7x
PTTEP	$14.1B	1.6x	2.2x
HD Hyundai	$14.0B	0.3x	2.9x
Permian Resources	$14.0B	2.7x	3.6x
Antero Resources	$13.9B	2.8x	8.8x
Zheneng Electric	$13.8B	1.2x	5.6x
HK Electric	$13.6B	8.5x	11.9x
Vår Energi	$13.5B	n/a	n/a
NHPC	$13.4B	10.2x	18.1x
ACCIONA Energía	$13.2B	3.8x	7.4x
Antarchile	$13.1B	0.4x	4.6x
Electric Power Dev	$13.0B	1.6x	8.7x
Oklo	$12.9B	n/a	-144.7x
ARC Resources	$12.9B	3.1x	5.4x
APA	$12.6B	1.4x	2.4x
Raizen	$12.6B	0.3x	5.5x
Whitecap Resources	$12.4B	3.2x	5.8x
Grupo Energía Bogotá	$12.4B	5.7x	13.8x
BKW	$12.2B	2.1x	9.8x
Chuantou Energy	$11.9B	48.7x	14.5x
ENN Energy	$11.7B	0.7x	7.0x
Antero Midstream	$11.5B	9.7x	10.4x
HF Sinclair	$11.5B	0.4x	5.5x
OMV Petrom	$11.4B	1.5x	5.9x
Capital Power	$11.3B	4.6x	10.2x
S-Oil	$11.2B	0.5x	16.2x
Algonquin Power	$11.1B	4.6x	11.1x
ENGIE Brasil Energia	$11.0B	5.3x	8.6x
Guangxi Guiguan Electric	$10.9B	7.5x	11.8x
Ligga	$10.8B	2.8x	10.3x
Energisa	$10.7B	1.9x	7.1x
Oil India	$10.6B	4.1x	9.8x
Hubei Energy	$10.6B	4.0x	9.2x
Eneva	$10.5B	4.3x	8.8x
Range Resources	$10.4B	3.5x	7.6x
Comstock Resources	$10.3B	5.6x	9.8x
ReNew	$10.1B	7.3x	10.3x
National Fuel Gas	$10.0B	4.3x	7.0x
Black Hills	$9.6B	4.2x	10.7x
Shenergy Group	$9.4B	2.3x	6.5x
PRIO	$9.3B	3.7x	6.1x
Ormat Technologies	$9.3B	9.7x	16.1x
Aboitiz Power	$9.3B	2.8x	10.0x
Meridian Energy	$9.2B	3.4x	21.0x
Enlight Renewable Energy	$8.8B	n/a	n/a
CEMIG	$8.6B	1.2x	5.9x
Harbour Energy	$8.6B	0.9x	1.3x
Petronas Gas	$8.6B	5.5x	10.2x
MOL Group	$8.5B	0.3x	2.5x
Sinopec Oilfield Service	$8.5B	0.7x	n/a
Matador Resources	$8.4B	2.3x	3.6x
TAURON	$8.4B	0.9x	4.1x
Romgaz	$8.3B	4.6x	8.7x
Ades Holding	$8.2B	4.8x	9.1x
Delek Group	$8.2B	2.2x	n/a
Shaanxi Energy Investment	$8.2B	2.6x	6.8x
NextDecade	$8.1B	n/a	-43.1x
Hess Midstream	$8.0B	4.9x	6.5x
Vista Energy	$7.9B	3.4x	4.9x
Torrent Power	$7.9B	2.3x	12.3x
Northland Power	$7.8B	4.7x	8.9x
Tüpraş	$7.8B	0.4x	5.5x
CNX Resources	$7.8B	4.0x	6.5x
TransAlta	$7.7B	4.2x	9.3x
Uniper	$7.7B	0.1x	5.3x
Icahn Enterprises	$7.5B	0.8x	n/a
Guangdong Investment	$7.5B	3.1x	6.0x
Guangzhou Development Group	$7.5B	1.1x	n/a
Civitas Resources	$7.4B	1.6x	2.3x
NorthWestern Energy	$7.3B	4.6x	11.8x
NewMed Energy	$7.2B	8.1x	n/a
Viper Energy	$7.1B	5.3x	5.8x
Jiangsu Guoxin	$7.1B	n/a	n/a
Cosmo Energy Holdings	$7.0B	0.4x	5.7x
PBF Energy	$6.7B	0.2x	92.9x
Guanghui Energy	$6.7B	1.5x	9.3x
Centrica	$6.6B	0.2x	3.6x
TAQA Morocco	$6.6B	5.6x	19.1x
Banpu	$6.6B	1.3x	5.8x
Opc Energy	$6.6B	n/a	n/a
SJVN	$6.5B	14.2x	20.8x
Avista	$6.5B	3.3x	n/a
Strathcona Resources	$6.4B	2.3x	5.0x
INA-Industrija Nafte	$6.4B	n/a	n/a
Contact Energy	$6.4B	3.3x	13.3x
EVN	$6.3B	1.8x	6.4x
Kinetik Holdings	$6.3B	3.8x	6.3x
Mercury NZ	$6.3B	3.2x	12.8x
ERG	$6.2B	6.6x	9.6x
Chord Energy	$6.2B	1.3x	2.7x
Murphy Oil	$6.2B	2.2x	4.2x
ALLETE	$6.1B	3.5x	12.2x
Auren Energia	$6.0B	2.7x	9.2x
HELLENiQ ENERGY	$5.9B	0.4x	5.7x
Pampa Energia	$5.9B	3.1x	6.7x
Motor Oil (Hellas)	$5.8B	0.5x	4.9x
AGL Energy	$5.8B	0.6x	4.4x
Ithaca Energy	$5.7B	1.9x	2.8x
Thaioil	$5.7B	0.4x	8.1x
Viva Energy Australia	$5.7B	0.3x	12.6x
Crescent Energy	$5.6B	1.6x	2.8x
Fujian Funeng Co	$5.5B	2.8x	6.1x
Energean	$5.4B	3.2x	5.1x
Rede Energia	$5.2B	n/a	n/a
Fuchs	$5.2B	1.3x	8.5x
Navitas Petroleum	$5.2B	n/a	n/a
NuScale Power	$5.1B	116.8x	-11.6x
MedcoEnergi	$5.0B	2.2x	4.4x
Energa	$5.0B	n/a	n/a
Delek US Holdings	$4.9B	0.5x	4.6x
Kunlun Energy	$4.9B	0.2x	2.2x
Boralex	$4.9B	7.8x	10.2x
California Resources	$4.8B	1.4x	3.9x
ALDREES Petroleum	$4.7B	0.7x	14.4x
CVR Energy	$4.7B	0.6x	11.5x
SM Energy	$4.6B	1.4x	2.1x
Gulfport Energy	$4.6B	3.5x	5.4x
Enel Generacion Chile	$4.6B	n/a	n/a
Energix-Renewable	$4.6B	n/a	n/a
Drax Group	$4.6B	0.6x	3.8x
Helmerich & Payne	$4.5B	1.2x	5.0x
TAESA	$4.5B	n/a	n/a
Mangalore Refinery	$4.5B	0.4x	11.1x
Northern Oil & Gas	$4.4B	1.9x	2.7x
Bangchak Corporation	$4.4B	0.3x	4.0x
FTAI Infrastructure	$4.4B	8.7x	15.2x
Magnolia Oil & Gas	$4.3B	3.3x	4.7x
PTT Oil and Retail	$4.3B	0.2x	7.1x
B.Grimm Power	$4.1B	2.4x	9.5x
PetroVietnam Gas	$4.1B	1.0x	6.4x
Otter Tail	$4.1B	3.1x	8.3x
Electricity Generating	$4.1B	3.6x	13.6x
ACEN	$4.0B	6.8x	24.9x
Luberef	$4.0B	1.8x	12.9x
Solaria Energia	$4.0B	12.2x	14.0x
Brava Energia	$3.9B	1.8x	4.1x
Peyto	$3.9B	4.5x	5.5x
Scatec	$3.9B	7.5x	9.3x
Baytex Energy	$3.9B	1.6x	2.9x
MGE Energy	$3.8B	5.4x	14.3x
Calumet	$3.8B	0.9x	14.0x
Ignitis	$3.8B	1.3x	6.2x
SK Gas	$3.6B	0.7x	7.1x
Secure Waste Infr	$3.5B	3.4x	10.0x
Voltalia	$3.5B	5.7x	14.8x
Minera Valparaiso	$3.5B	n/a	n/a
Par Pacific Holdings	$3.5B	0.5x	6.0x
Kosmos Energy	$3.5B	2.4x	5.1x
Energisa Mato Grosso	$3.4B	n/a	n/a
Alliance Res Partners	$3.4B	1.5x	5.0x
Reliance Power	$3.3B	n/a	n/a
Grenergy Renovables	$3.2B	5.2x	14.5x
Equatorial Para Distribuidora de Energia	$3.2B	n/a	n/a
Patterson-UTI	$3.2B	0.7x	3.5x
Tamarack Valley Energy	$3.2B	2.8x	4.7x
Pertamina Geothermal	$3.2B	7.5x	9.4x
Mach Natural Resources	$3.1B	2.8x	5.1x
Vital Energy	$3.0B	1.5x	2.2x
Lechwerke	$2.9B	n/a	n/a
OGDC	$2.9B	n/a	n/a
Talos Energy	$2.8B	1.5x	2.3x
BKV Corporation	$2.7B	3.1x	8.4x
NuVista Energy	$2.7B	3.0x	5.4x
Societatea Nationala Nuclearelectrica	$2.6B	2.1x	3.7x
Athabasca Oil Corporation	$2.5B	2.9x	6.5x
AKSA Enerji	$2.5B	n/a	n/a
International Petroleum	$2.5B	3.7x	10.1x
Central Puerto	$2.4B	3.5x	7.4x
Odfjell Drilling	$2.4B	2.8x	5.6x
Greencoat Renewables	$2.3B	n/a	n/a
Genesis Energy New Zealand	$2.3B	1.1x	8.8x
Vermilion Energy	$2.3B	1.6x	3.1x
DNO	$2.2B	1.5x	2.4x
Orygen Peru	$2.2B	n/a	n/a
Banpu Power	$2.2B	3.9x	8.5x
Tsakos Energy Navigation	$2.2B	3.3x	5.5x
BlueNord	$2.1B	2.1x	3.9x
Shanghai Petrochemical	$2.1B	0.2x	8.9x
Celsia	$2.0B	1.4x	4.6x
Beach Energy	$2.0B	1.5x	2.8x
Alerion CleanPower	$2.0B	7.9x	10.6x
Paramount Resources	$2.0B	3.4x	2.4x
Advantage Energy	$2.0B	3.9x	6.7x
PNEGroup	$1.9B	6.0x	20.5x
Empresa Eléctrica Pehuenche	$1.9B	n/a	n/a
Polenergia	$1.9B	1.9x	12.1x
Birchcliff Energy	$1.9B	3.8x	6.5x
HighPeak Energy	$1.8B	2.0x	2.7x
LandBridge	$1.8B	9.6x	10.9x
Edenor	$1.7B	0.8x	5.9x
Shikun & Binui Energy	$1.6B	n/a	n/a
Dana Gas	$1.6B	5.2x	7.0x
Bukit Asam	$1.6B	0.6x	6.2x
Petrolimex	$1.5B	0.1x	7.9x
Verbio	$1.4B	0.8x	28.6x
Headwater Exploration	$1.4B	3.3x	5.2x
Natural Resources	$1.4B	n/a	n/a
CropEnergies	$1.4B	n/a	n/a
CK Power PCL	$1.3B	3.8x	9.4x
Waaree RTL	$1.3B	n/a	n/a
Naturenergie Holding	$1.2B	0.6x	3.5x
Capex	$1.2B	n/a	n/a
Dorchester Minerals	$1.0B	n/a	n/a
Engie Energia Peru	$1.0B	n/a	n/a
Audax Renovables	$1.0B	0.4x	8.0x
Maurel & Prom	$1.0B	1.6x	3.4x
SP New Energy	$957M	n/a	n/a
Energiekontor	$947M	5.1x	10.7x
Petroreconcavo	$886M	1.5x	3.1x
Ecoener	$882M	7.4x	13.8x
Hallador Energy	$882M	1.9x	17.5x
Gran Tierra Energy	$867M	1.4x	2.8x
Vulcan Energy Resources	$795M	84.3x	-18.0x
Savannah Energy	$766M	3.2x	4.2x
Arendals Fossekompani	$751M	20.2x	40.8x
West Holdings	$721M	2.3x	9.7x
Archer	$668M	0.5x	4.4x
Amplitude Energy	$659M	3.6x	5.6x
Berry Corp	$644M	1.0x	2.7x
Clean Energy Fuels	$621M	1.5x	9.2x
Gevo	$568M	4.4x	126.0x
ABO Energy	$483M	1.2x	7.8x
Tamboran Resources	$464M	69.1x	-24.1x
KN Energies	$453M	n/a	n/a
EnviTec Biogas	$430M	n/a	n/a
Deutsche Rohstoff	$422M	1.9x	2.8x
Boss Energy	$392M	4.5x	17.9x
OPAL Fuels	$389M	1.1x	4.7x
HLB Life Science	$381M	n/a	n/a
Gas Plus	$379M	n/a	n/a
Dynagas LNG Partners	$359M	2.4x	n/a
Edisun Power	$358M	n/a	n/a
Bannerman Energy	$335M	1172.2x	-61.2x
Petrolina (Hldgs)	$335M	n/a	n/a
Montauk Renewables	$309M	1.8x	7.8x
LGI Ltd.	$297M	12.2x	23.8x
Deep Value Driller	$285M	5.1x	5.3x
La Francaise de l'Energie	$284M	7.1x	12.5x
Strike Energy	$281M	6.1x	11.6x
Genie Energy	$279M	0.6x	9.1x
Infinity Natural Resources	$269M	0.8x	1.1x
PrimeEnergy Resources	$244M	n/a	n/a
Bumech	$229M	n/a	n/a
Photon Energy	$227M	2.0x	22.3x
Awilco LNG	$212M	n/a	n/a
Makpetrol	$211M	n/a	n/a
Empresa Metropolitana	$210M	n/a	n/a
Orron Energy	$199M	5.4x	-32.0x
A.b.p. Nocivelli	$196M	1.8x	9.7x
Lhyfe	$195M	17.0x	-6.3x
Beetaloo Energy Australia	$193M	183.8x	-51.2x
Kolibri Global Energy	$184M	3.1x	4.1x
Electrica Puntilla	$166M	n/a	n/a
Invictus Energy	$160M	n/a	n/a
Clearvise	$144M	3.0x	4.5x
Conpet	$126M	n/a	n/a
Oil Terminal	$121M	n/a	n/a
Enda Enerji	$121M	n/a	n/a
Okea	$120M	0.1x	0.2x
Epsilon Energy	$118M	3.7x	n/a
QPM Energy	$114M	1.5x	5.9x
EDELMAG	$113M	n/a	n/a
Daldrup & Söhne	$112M	1.9x	12.3x
AleAnna	$96.7M	n/a	n/a
Aura Energy	$96.3M	n/a	-10.9x
Dolphin Drilling	$93.8M	1.1x	-1.8x
Frontier Energy	$91.7M	n/a	-39.0x
Maha Capital	$90.1M	16.7x	-17.1x
Docks Petroles d Ambes	$88.2M	n/a	n/a
Comet Ridge	$76.9M	65964.4x	-20.7x
Pyxis Tankers	$69.2M	1.8x	2.9x
Kinetiko Energy	$56.4M	n/a	n/a
Petratherm	$56.0M	n/a	n/a
InterOil Exploration	$44.3M	n/a	n/a
Toplivo	$32.3M	n/a	n/a
Robin Energy	$28.0M	n/a	n/a
Uni-Fuels	$26.9M	n/a	n/a
Groupe Okwind	$25.3M	0.4x	43.8x
Eagle Filters Group	$24.8M	n/a	n/a
Onico	$24.1M	n/a	n/a
Hydrogen De	$22.2M	1.6x	-1.2x
Delixy Holdings	$18.4M	n/a	n/a
Ecoslops	$17.3M	n/a	n/a
Hunter Group	$14.0M	n/a	n/a
Founder Group Limited	$13.0M	n/a	n/a
Atlantic Petroleum	$12.3M	n/a	n/a
Verde Clean Fuels	$3.1M	n/a	n/a
Igrene	$2.9M	n/a	n/a
Clean & Carbon Energy	$2.8M	n/a	n/a
Oil and Gas Explr and Pro	$2.2M	n/a	n/a
Imperial Ptrl	-$14.4M	-0.1x	-0.3x
LW Bogdanka	-$42.3M	-0.1x	-0.2x
Esso	-$825M	n/a	n/a