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	3.9x	7.7x
Exxon Mobil	$523B	1.6x	7.5x
Chevron	$344B	1.8x	8.3x
NextEra Energy	$262B	9.4x	16.2x
Shell	$256B	0.9x	4.4x
PetroChina	$254B	0.6x	3.9x
Iberdrola	$194B	3.6x	10.2x
Enel	$171B	1.9x	6.4x
TotalEnergies	$169B	0.9x	4.2x
China Petroleum	$141B	0.3x	5.3x
China Yangtze Power	$137B	11.4x	14.1x
Petrobras	$135B	1.5x	3.2x
BP	$133B	0.7x	3.6x
ConocoPhillips	$125B	2.1x	4.9x
Constellation Energy	$118B	5.0x	22.8x
TAQA	$118B	7.6x	22.3x
China Shenhua Energy	$108B	2.5x	7.6x
CNOOC	$105B	1.8x	2.9x
Engie	$102B	1.2x	6.0x
Marathon Petroleum	$89.8B	0.7x	8.2x
Vistra	$84.8B	4.4x	14.5x
Huadian New Energy Group	$78.1B	n/a	n/a
Canadian Natural Resources	$77.9B	2.8x	6.2x
Eni	$76.4B	0.8x	3.9x
Phillips 66	$75.5B	0.6x	9.8x
Occidental Petroleum	$70.8B	2.7x	5.3x
Equinor	$69.7B	0.7x	1.7x
Cheniere Energy	$68.9B	3.6x	10.2x
ADNOC Gas	$67.5B	3.5x	8.5x
Pioneer Natural Resources	$63.7B	n/a	n/a
Valero Energy	$59.4B	0.5x	8.6x
Suncor Energy	$58.8B	1.7x	5.4x
Diamondback Energy	$57.2B	4.2x	5.8x
EOG Resources	$56.9B	2.4x	4.7x
Huaneng Power	$55.4B	1.6x	6.6x
ONGC	$53.4B	0.7x	4.7x
CGN Power	$51.5B	4.2x	10.0x
GD Power Development	$51.0B	2.1x	8.3x
Imperial Oil	$47.9B	1.4x	8.8x
Venture Global	$47.6B	3.9x	8.3x
Ecopetrol	$46.9B	1.5x	3.9x
PTT	$46.1B	0.5x	3.9x
Tokyo Electric Power	$45.1B	1.0x	n/a
NRG Energy	$45.1B	1.5x	11.2x
EDP-Energias De Portugal	$44.6B	2.4x	7.9x
China Three Gorges	$44.2B	10.1x	11.7x
EQT Corporation	$44.2B	5.6x	8.6x
CEZ	$41.5B	2.6x	6.5x
IndianOil	$41.5B	0.5x	7.6x
Huaneng Lancang River	$41.2B	10.9x	14.7x
RWE	$40.8B	1.6x	7.2x
Woodside Energy	$40.6B	3.1x	4.4x
Cameco	$40.2B	16.7x	30.9x
SSE	$40.1B	3.0x	9.3x
AES	$39.2B	3.2x	14.2x
SK Innovation	$38.2B	0.7x	17.0x
China Resources Power	$38.0B	2.8x	7.1x
Dian Swastatika Sentosa	$38.0B	n/a	n/a
Kansai Electric Power	$37.2B	1.4x	7.4x
Adani Power	$37.0B	5.8x	14.9x
Hengli Petrochemical	$36.5B	1.1x	10.4x
Cenovus Energy	$36.3B	1.0x	5.3x
Orsted	$36.2B	3.2x	8.8x
Longyuan Power	$35.5B	7.5x	10.0x
SDIC Power Holdings	$35.2B	4.5x	8.6x
Orlen	$33.1B	0.4x	3.3x
China Power	$33.1B	4.6x	8.8x
Eletrobras	$32.7B	4.4x	8.5x
Datang International	$31.8B	1.8x	6.6x
Expand Energy	$31.2B	3.0x	6.9x
Gulf Development	$29.9B	7.5x	32.6x
Adani Green Energy	$28.7B	18.8x	22.9x
Devon Energy	$28.4B	1.7x	3.8x
ENEOS Holdings	$28.3B	0.4x	6.9x
Repsol	$28.1B	0.4x	3.2x
Chubu Electric Power	$27.4B	1.2x	11.0x
Verbund	$26.9B	3.0x	8.0x
EDP Renovaveis	$26.7B	8.9x	12.4x
ADNOC Drilling Company	$26.0B	5.6x	12.0x
Huadian Power	$25.6B	1.5x	7.9x
Inpex	$25.6B	1.9x	3.1x
YPF	$24.5B	1.5x	5.4x
Shanghai Electric Power	$24.4B	3.9x	n/a
Coterra Energy	$24.2B	3.4x	5.3x
Kyushu Electric Power	$23.7B	1.6x	8.5x
Brookfield Renewable	$22.2B	3.8x	8.2x
Aker BP	$22.2B	2.0x	2.3x
Texas Pacific	$22.0B	29.9x	35.0x
Bharat Petroleum	$21.6B	0.4x	6.4x
Tata Power	$21.1B	2.7x	12.9x
Neste	$20.8B	0.9x	12.4x
Talen Energy	$20.1B	8.7x	21.2x
OMV	$19.6B	0.6x	2.5x
Tokyo Gas	$19.3B	1.1x	7.0x
Chugoku Electric Power	$19.1B	2.0x	12.4x
Tohoku Electric Power	$18.9B	1.1x	6.4x
Santos	$18.5B	3.5x	5.3x
Empresas COPEC	$18.0B	0.6x	6.3x
Tourmaline Oil	$17.8B	3.9x	7.0x
Galp Energia	$17.3B	0.7x	4.8x
JSW Energy	$17.1B	8.5x	17.0x
AltaGas	$16.5B	1.8x	12.6x
Sunoco	$16.4B	0.7x	8.3x
Ovintiv	$16.2B	1.8x	3.8x
Oklo	$16.1B	n/a	-217.3x
Origin Energy	$16.0B	1.4x	7.4x
GAIL (India)	$15.6B	1.0x	9.6x
Idemitsu Kosan	$15.6B	0.3x	10.2x
Neoenergia	$15.5B	1.9x	7.0x
DT Midstream	$14.9B	12.3x	13.3x
ACCIONA Energía	$14.8B	4.4x	8.2x
Enel Americas	$14.7B	1.0x	3.5x
HD Hyundai	$14.6B	0.3x	3.0x
Zheneng Electric	$14.3B	1.3x	5.8x
Power Assets Holdings	$14.3B	127.1x	131.9x
Public Power Corporation	$14.2B	1.3x	6.2x
PTTEP	$14.2B	1.6x	2.2x
Antero Resources	$14.0B	2.8x	9.0x
Vår Energi	$13.8B	n/a	n/a
NHPC	$13.7B	10.3x	18.3x
HK Electric	$13.6B	8.5x	12.4x
Formosa Petrochemical	$13.5B	0.7x	19.4x
Permian Resources	$13.5B	2.6x	3.5x
Electric Power Dev	$13.2B	1.6x	8.6x
APA	$12.6B	1.4x	2.4x
Chuantou Energy	$12.4B	51.3x	16.2x
Antarchile	$12.4B	0.4x	4.4x
BKW	$12.4B	2.1x	10.0x
Raizen	$12.3B	0.3x	5.5x
Grupo Energía Bogotá	$12.3B	5.8x	14.2x
ARC Resources	$12.2B	2.9x	5.1x
Capital Power	$12.2B	4.9x	11.1x
OMV Petrom	$11.9B	1.6x	6.2x
HF Sinclair	$11.9B	0.4x	5.8x
ENN Energy	$11.7B	0.7x	6.9x
Whitecap Resources	$11.6B	3.0x	5.5x
Antero Midstream	$11.6B	9.8x	10.4x
Guangxi Guiguan Electric	$11.4B	7.9x	12.1x
Algonquin Power	$11.2B	4.7x	11.3x
ENGIE Brasil Energia	$10.9B	5.3x	8.5x
Ligga	$10.9B	2.8x	10.4x
Oil India	$10.5B	4.3x	9.4x
Eneva	$10.5B	4.3x	8.9x
Hubei Energy	$10.4B	4.0x	9.1x
S-Oil	$10.3B	0.4x	15.3x
Range Resources	$10.3B	3.6x	7.5x
Energisa	$10.2B	1.8x	6.9x
National Fuel Gas	$10.0B	4.3x	7.0x
Comstock Resources	$9.9B	5.6x	9.6x
ReNew	$9.9B	7.1x	10.1x
Black Hills	$9.6B	4.2x	10.7x
Ormat Technologies	$9.6B	10.0x	16.7x
Meridian Energy	$9.5B	3.4x	21.6x
Shenergy Group	$9.5B	2.4x	6.5x
Northland Power	$9.3B	5.6x	10.5x
PRIO	$9.1B	3.7x	6.0x
Aboitiz Power	$9.0B	2.7x	9.3x
MOL Group	$9.0B	0.3x	2.7x
CEMIG	$8.8B	1.3x	6.1x
Harbour Energy	$8.7B	0.9x	1.4x
TAURON	$8.6B	0.9x	4.3x
Petronas Gas	$8.5B	5.5x	10.3x
Sinopec Oilfield Service	$8.5B	0.7x	n/a
Shaanxi Energy Investment	$8.4B	2.7x	7.0x
Tüpraş	$8.3B	0.4x	6.0x
Romgaz	$8.3B	4.5x	8.5x
TransAlta	$8.3B	4.4x	9.9x
Matador Resources	$8.2B	2.3x	3.5x
Ades Holding	$8.2B	4.8x	9.1x
Hess Midstream	$8.2B	5.1x	6.6x
Icahn Enterprises	$8.2B	1.0x	n/a
Torrent Power	$8.1B	2.4x	12.7x
Enlight Renewable Energy	$8.1B	n/a	n/a
NextDecade	$8.1B	n/a	-43.5x
Delek Group	$8.1B	2.2x	n/a
Guangzhou Development Group	$7.8B	1.1x	n/a
Vista Energy	$7.8B	3.5x	5.0x
Guangdong Investment	$7.6B	3.2x	6.1x
Centrica	$7.5B	0.3x	4.0x
CNX Resources	$7.5B	4.0x	6.4x
Civitas Resources	$7.4B	1.6x	2.3x
Viper Energy	$7.4B	5.6x	6.1x
Jiangsu Guoxin	$7.4B	n/a	n/a
NorthWestern Energy	$7.3B	4.6x	11.8x
NewMed Energy	$7.2B	8.1x	n/a
Cosmo Energy Holdings	$7.1B	0.4x	5.7x
Guanghui Energy	$7.0B	1.4x	8.9x
PBF Energy	$7.0B	0.2x	196.7x
Uniper	$6.9B	0.1x	4.4x
TAQA Morocco	$6.7B	5.8x	19.7x
EVN	$6.5B	1.8x	6.5x
Mercury NZ	$6.5B	3.2x	13.1x
Opc Energy	$6.5B	n/a	n/a
Contact Energy	$6.5B	3.3x	13.4x
Avista	$6.5B	3.3x	n/a
SJVN	$6.5B	14.3x	19.2x
Kinetik Holdings	$6.4B	3.8x	6.4x
INA-Industrija Nafte	$6.4B	n/a	n/a
Banpu	$6.4B	1.2x	5.4x
ERG	$6.3B	6.6x	9.8x
ALLETE	$6.1B	3.5x	12.3x
MEG Energy	$6.0B	1.9x	6.9x
Chord Energy	$6.0B	1.3x	2.6x
Auren Energia	$5.9B	2.7x	9.1x
AGL Energy	$5.9B	0.6x	4.4x
Strathcona Resources	$5.9B	2.0x	4.5x
Murphy Oil	$5.9B	2.1x	4.1x
HELLENiQ ENERGY	$5.8B	0.4x	5.8x
Pampa Energia	$5.8B	3.1x	6.7x
Fujian Funeng Co	$5.7B	2.9x	6.4x
Motor Oil (Hellas)	$5.6B	0.4x	4.9x
Energean	$5.6B	3.3x	5.3x
Crescent Energy	$5.6B	1.6x	2.9x
Ithaca Energy	$5.6B	1.9x	2.8x
Thaioil	$5.6B	0.4x	7.8x
Viva Energy Australia	$5.6B	0.3x	12.3x
Fuchs	$5.3B	1.3x	8.6x
Navitas Petroleum	$5.3B	n/a	n/a
MedcoEnergi	$5.1B	2.2x	4.4x
ALDREES Petroleum	$5.1B	0.8x	15.8x
Delek US Holdings	$5.1B	0.5x	9.8x
Kunlun Energy	$5.1B	0.2x	2.2x
Boralex	$5.0B	8.2x	10.4x
Rede Energia	$5.0B	n/a	n/a
NuScale Power	$5.0B	110.4x	-20.8x
CVR Energy	$4.9B	0.7x	12.1x
Energix-Renewable	$4.8B	n/a	n/a
California Resources	$4.8B	1.4x	3.9x
Energa	$4.8B	n/a	n/a
SM Energy	$4.6B	1.4x	2.1x
Drax Group	$4.6B	0.6x	3.8x
Bangchak Corporation	$4.6B	0.3x	4.0x
Helmerich & Payne	$4.6B	1.2x	5.0x
PTT Oil and Retail	$4.6B	0.2x	7.7x
Enel Generacion Chile	$4.6B	n/a	n/a
Gulfport Energy	$4.6B	3.5x	5.3x
Mangalore Refinery	$4.5B	0.4x	11.4x
FTAI Infrastructure	$4.5B	9.0x	15.9x
Northern Oil & Gas	$4.4B	1.9x	2.8x
TAESA	$4.3B	n/a	n/a
B.Grimm Power	$4.2B	2.4x	9.6x
Luberef	$4.2B	1.8x	13.8x
Otter Tail	$4.2B	3.2x	8.3x
Electricity Generating	$4.2B	3.5x	13.2x
Magnolia Oil & Gas	$4.2B	3.2x	4.5x
PetroVietnam Gas	$4.1B	1.0x	6.3x
Scatec	$4.0B	7.4x	9.4x
Calumet	$3.9B	0.9x	14.7x
MGE Energy	$3.9B	5.5x	14.5x
Brava Energia	$3.9B	1.8x	4.1x
Peyto	$3.8B	4.3x	5.4x
ACEN	$3.8B	6.3x	22.2x
SK Gas	$3.8B	0.7x	7.8x
Ignitis	$3.6B	1.3x	5.7x
Kosmos Energy	$3.6B	2.5x	5.0x
Solaria Energia	$3.6B	12.0x	13.3x
Voltalia	$3.6B	5.8x	14.8x
Alliance Res Partners	$3.5B	1.6x	5.1x
Reliance Power	$3.5B	n/a	n/a
Minera Valparaiso	$3.5B	n/a	n/a
Grenergy Renovables	$3.5B	5.3x	15.4x
Energisa Mato Grosso	$3.5B	n/a	n/a
Serena Energia	$3.4B	6.5x	9.8x
Patterson-UTI	$3.4B	0.7x	3.7x
Secure Waste Infr	$3.4B	3.2x	9.6x
Baytex Energy	$3.4B	1.4x	2.5x
Pertamina Geothermal	$3.3B	7.8x	9.8x
Par Pacific Holdings	$3.3B	0.5x	6.5x
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
NuVista Energy	$2.7B	3.1x	5.5x
Talos Energy	$2.7B	1.5x	2.2x
Societatea Nationala Nuclearelectrica	$2.7B	2.1x	3.7x
Vermilion Energy	$2.7B	1.8x	3.7x
Mach Natural Resources	$2.5B	2.3x	4.1x
AKSA Enerji	$2.5B	n/a	n/a
BKV Corporation	$2.5B	2.9x	7.7x
Central Puerto	$2.4B	3.6x	7.5x
International Petroleum	$2.4B	3.6x	10.0x
Odfjell Drilling	$2.4B	2.7x	5.6x
Genesis Energy New Zealand	$2.4B	1.1x	8.8x
Athabasca Oil Corporation	$2.4B	2.6x	6.0x
Greencoat Renewables	$2.3B	n/a	n/a
DNO	$2.3B	1.5x	2.6x
BlueNord	$2.2B	2.3x	4.1x
Orygen Peru	$2.2B	n/a	n/a
Banpu Power	$2.2B	3.8x	8.7x
Celsia	$2.2B	1.5x	5.1x
Shanghai Petrochemical	$2.2B	0.2x	9.3x
Tsakos Energy Navigation	$2.2B	3.3x	5.5x
Beach Energy	$2.1B	1.6x	2.9x
LandBridge	$2.1B	11.5x	12.9x
Alerion CleanPower	$2.0B	7.9x	10.6x
PNEGroup	$2.0B	6.2x	20.9x
Advantage Energy	$1.9B	3.9x	6.7x
Empresa Eléctrica Pehuenche	$1.9B	n/a	n/a
Paramount Resources	$1.9B	3.0x	2.3x
Polenergia	$1.8B	1.7x	11.7x
HighPeak Energy	$1.8B	2.0x	2.6x
Birchcliff Energy	$1.8B	3.4x	6.0x
Dana Gas	$1.7B	5.1x	7.0x
Shikun & Binui Energy	$1.6B	n/a	n/a
Bukit Asam	$1.6B	0.7x	5.5x
Edenor	$1.6B	0.7x	5.7x
Petrolimex	$1.5B	0.1x	7.4x
Verbio	$1.4B	0.8x	31.2x
Natural Resources	$1.4B	n/a	n/a
CropEnergies	$1.4B	n/a	n/a
Waaree RTL	$1.4B	n/a	n/a
CK Power PCL	$1.3B	4.1x	9.8x
Headwater Exploration	$1.2B	2.9x	4.7x
Capex	$1.2B	n/a	n/a
Naturenergie Holding	$1.2B	0.6x	3.5x
Dorchester Minerals	$1.1B	n/a	n/a
Engie Energia Peru	$1.0B	n/a	n/a
Audax Renovables	$1.0B	0.4x	7.8x
SP New Energy	$952M	n/a	n/a
Maurel & Prom	$930M	1.4x	3.1x
Energiekontor	$922M	5.0x	10.4x
Petroreconcavo	$903M	1.5x	3.2x
Hallador Energy	$892M	2.0x	22.1x
Ecoener	$881M	7.2x	13.3x
Vulcan Energy Resources	$865M	90.6x	-24.3x
Gran Tierra Energy	$865M	1.3x	2.6x
Savannah Energy	$812M	3.4x	4.5x
West Holdings	$771M	2.4x	10.2x
Arendals Fossekompani	$733M	19.5x	39.5x
ABO Energy	$694M	1.5x	8.1x
Amplitude Energy	$692M	3.8x	5.8x
Archer	$677M	0.5x	4.4x
Clean Energy Fuels	$674M	1.6x	10.1x
Gevo	$646M	5.4x	265.1x
Berry Corp	$643M	0.9x	2.6x
Empresa Metropolitana	$523M	n/a	n/a
Tamboran Resources	$502M	82.7x	-24.8x
KN Energies	$454M	n/a	n/a
HLB Life Science	$430M	n/a	n/a
Boss Energy	$426M	5.0x	22.4x
Deutsche Rohstoff	$417M	1.9x	2.7x
EnviTec Biogas	$394M	n/a	n/a
Bannerman Energy	$374M	1318.6x	-67.9x
Gas Plus	$372M	n/a	n/a
OPAL Fuels	$365M	1.1x	4.4x
Edisun Power	$362M	n/a	n/a
Dynagas LNG Partners	$351M	2.3x	n/a
Petrolina (Hldgs)	$335M	n/a	n/a
Montauk Renewables	$319M	1.8x	8.3x
LGI Ltd.	$319M	12.9x	25.4x
Genie Energy	$289M	0.6x	7.5x
Strike Energy	$285M	6.0x	11.4x
Deep Value Driller	$272M	4.8x	5.1x
La Francaise de l'Energie	$266M	6.7x	11.8x
Bumech	$244M	n/a	n/a
PrimeEnergy Resources	$241M	n/a	n/a
Photon Energy	$228M	1.9x	22.1x
Beetaloo Energy Australia	$220M	204.4x	-56.5x
Makpetrol	$214M	n/a	n/a
Awilco LNG	$208M	n/a	n/a
Infinity Natural Resources	$205M	0.6x	0.9x
Orron Energy	$200M	5.6x	-26.1x
A.b.p. Nocivelli	$195M	1.8x	9.7x
Lhyfe	$191M	16.9x	-6.2x
Kolibri Global Energy	$174M	2.8x	3.7x
Electrica Puntilla	$164M	n/a	n/a
Invictus Energy	$162M	n/a	n/a
Enda Enerji	$136M	n/a	n/a
Conpet	$133M	n/a	n/a
Clearvise	$131M	2.7x	4.1x
Oil Terminal	$122M	n/a	n/a
Okea	$117M	0.1x	0.2x
QPM Energy	$116M	1.5x	6.0x
EDELMAG	$112M	n/a	n/a
AleAnna	$108M	n/a	n/a
Aura Energy	$107M	n/a	-15.8x
Daldrup & Söhne	$104M	1.8x	11.3x
Frontier Energy	$99.8M	n/a	-42.7x
Dolphin Drilling	$95.8M	1.1x	-1.8x
Comet Ridge	$93.7M	74459.4x	-26.6x
Epsilon Energy	$90.7M	2.9x	n/a
Docks Petroles d Ambes	$87.5M	n/a	n/a
Maha Capital	$87.0M	15.3x	-15.8x
Kinetiko Energy	$69.9M	n/a	n/a
Pyxis Tankers	$68.0M	1.7x	4.3x
Petratherm	$56.8M	n/a	n/a
InterOil Exploration	$44.9M	n/a	n/a
Robin Energy	$33.6M	n/a	n/a
Toplivo	$32.2M	n/a	n/a
Uni-Fuels	$29.2M	n/a	n/a
Onico	$26.1M	n/a	n/a
Eagle Filters Group	$24.4M	n/a	n/a
Hydrogen De	$23.2M	1.6x	-1.2x
Delixy Holdings	$18.6M	n/a	n/a
Ecoslops	$17.2M	n/a	n/a
Founder Group Limited	$13.8M	n/a	n/a
Atlantic Petroleum	$12.3M	n/a	n/a
Verde Clean Fuels	$12.2M	n/a	n/a
Groupe Okwind	$11.2M	0.2x	19.4x
Hunter Group	$10.2M	n/a	n/a
Oil and Gas Explr and Pro	$4.2M	n/a	n/a
Igrene	$3.0M	n/a	n/a
Clean & Carbon Energy	$2.8M	n/a	n/a
Esso	-$3.6M	n/a	n/a
Imperial Ptrl	-$24.7M	-0.2x	-0.5x
LW Bogdanka	-$89.3M	-0.1x	-0.5x