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	$1.69T	3.8x	7.6x
Exxon Mobil	$656B	2.0x	9.4x
Chevron	$392B	2.1x	9.5x
PetroChina	$285B	0.7x	4.3x
NextEra Energy	$279B	9.9x	17.3x
Shell	$259B	0.9x	4.5x
Iberdrola	$213B	3.9x	11.0x
TotalEnergies	$192B	1.1x	4.9x
Enel	$184B	2.0x	6.8x
China Petroleum	$160B	0.4x	5.9x
Petrobras	$152B	1.7x	3.5x
ConocoPhillips	$148B	2.4x	5.8x
BP	$138B	0.7x	3.7x
China Yangtze Power	$133B	10.8x	14.0x
CNOOC	$123B	2.1x	3.4x
Engie	$116B	1.4x	6.8x
China Shenhua Energy	$105B	2.4x	7.1x
TAQA	$103B	6.6x	19.6x
Constellation Energy	$99.8B	4.2x	19.2x
Marathon Petroleum	$91.4B	0.7x	8.0x
Canadian Natural Resources	$91.3B	3.1x	7.0x
Phillips 66	$83.5B	0.6x	10.4x
Eni	$82.7B	0.8x	4.2x
Equinor	$79.6B	0.7x	2.0x
Huadian New Energy Group	$76.5B	12.0x	n/a
Occidental Petroleum	$74.6B	2.9x	5.5x
ADNOC Gas	$74.1B	3.8x	9.3x
Suncor Energy	$70.9B	2.0x	6.3x
Vistra	$70.1B	3.6x	11.9x
Cheniere Energy	$70.0B	3.5x	10.2x
EOG Resources	$66.3B	2.9x	5.5x
Diamondback Energy	$63.9B	4.6x	6.3x
Valero Energy	$59.2B	0.5x	8.3x
Imperial Oil	$55.8B	1.6x	10.1x
Venture Global	$55.7B	4.1x	8.8x
SSE	$54.5B	3.9x	12.1x
Huaneng Power	$53.6B	1.6x	6.1x
Ecopetrol	$52.2B	1.7x	4.2x
CGN Power	$51.7B	4.2x	9.8x
PTT	$51.2B	0.5x	4.2x
GD Power Development	$49.9B	2.0x	7.8x
ONGC	$49.7B	0.7x	4.4x
RWE	$49.6B	1.9x	8.7x
Cameco	$49.4B	19.7x	36.0x
EDP-Energias De Portugal	$46.3B	2.4x	8.0x
NRG Energy	$45.1B	1.5x	11.2x
Cenovus Energy	$44.6B	1.2x	6.2x
China Three Gorges	$44.2B	10.2x	12.3x
EQT Corporation	$43.4B	5.2x	8.0x
Hengli Petrochemical	$42.6B	1.3x	12.0x
Tokyo Electric Power	$42.1B	1.0x	n/a
CEZ	$42.0B	2.6x	6.5x
Orsted	$41.8B	3.8x	11.0x
Woodside Energy	$41.7B	3.1x	4.5x
IndianOil	$41.1B	0.5x	7.3x
AES	$40.5B	3.4x	14.6x
Huaneng Lancang River	$40.4B	10.5x	14.1x
Orlen	$40.0B	0.5x	4.0x
Kansai Electric Power	$38.3B	1.4x	7.4x
China Resources Power	$36.8B	2.7x	7.0x
Adani Power	$36.1B	5.8x	15.0x
ENEOS Holdings	$34.7B	0.5x	8.3x
Longyuan Power	$34.5B	7.4x	9.4x
Devon Energy	$34.4B	2.0x	4.6x
SDIC Power Holdings	$34.1B	4.4x	8.2x
Gulf Development	$33.9B	8.1x	34.0x
SK Innovation	$33.7B	0.6x	13.9x
China Power	$33.2B	4.8x	8.9x
Dian Swastatika Sentosa	$32.2B	n/a	n/a
Datang International	$32.1B	1.8x	6.2x
Expand Energy	$30.7B	2.7x	6.2x
Inpex	$30.3B	2.4x	3.3x
Repsol	$28.8B	0.4x	3.2x
Chubu Electric Power	$28.5B	1.2x	11.9x
EDP Renovaveis	$28.0B	9.1x	12.5x
Coterra Energy	$27.3B	3.6x	5.7x
Adani Green Energy	$26.3B	17.0x	20.6x
YPF	$25.8B	1.4x	5.0x
ADNOC Drilling Company	$25.3B	5.3x	11.5x
Verbund	$25.1B	2.7x	7.6x
Huadian Power	$24.9B	1.4x	7.2x
Kyushu Electric Power	$24.4B	1.7x	8.7x
Neste	$23.7B	1.1x	13.0x
Aker BP	$23.4B	2.1x	2.4x
Texas Pacific	$23.3B	29.1x	34.0x
Brookfield Renewable	$22.1B	3.8x	7.9x
Tokyo Gas	$22.0B	1.2x	7.9x
Bharat Petroleum	$21.9B	0.5x	6.1x
OMV	$21.7B	0.6x	2.8x
Shanghai Electric Power	$21.6B	3.5x	n/a
Santos	$20.3B	3.8x	5.8x
Empresas COPEC	$19.7B	0.7x	6.8x
Tohoku Electric Power	$19.7B	1.2x	6.8x
Ovintiv	$19.6B	2.2x	4.7x
Tata Power	$19.6B	2.6x	12.4x
Chugoku Electric Power	$19.1B	2.0x	11.9x
Tourmaline Oil	$18.8B	4.2x	7.2x
Talen Energy	$18.3B	7.7x	18.7x
Idemitsu Kosan	$18.2B	0.3x	11.8x
AltaGas	$17.7B	1.9x	13.1x
Sunoco	$17.7B	0.7x	8.5x
PTTEP	$17.4B	1.9x	2.7x
Power Assets Holdings	$17.3B	156.1x	271.4x
Galp Energia	$17.1B	0.7x	4.7x
DT Midstream	$16.4B	13.1x	14.3x
Neoenergia	$16.3B	2.0x	7.3x
Permian Resources	$16.2B	3.1x	4.2x
Public Power Corporation	$16.2B	1.4x	6.6x
JSW Energy	$15.8B	7.5x	14.8x
Origin Energy	$15.6B	1.3x	6.9x
HD Hyundai	$15.0B	0.3x	2.9x
Enel Americas	$14.7B	1.0x	3.2x
HK Electric	$14.3B	9.0x	12.7x
Antero Resources	$14.2B	2.8x	8.6x
ACCIONA Energía	$14.0B	4.0x	7.5x
Zheneng Electric	$13.9B	1.2x	5.2x
Vår Energi	$13.9B	n/a	n/a
Electric Power Dev	$13.9B	1.7x	9.3x
GAIL (India)	$13.9B	0.9x	9.2x
APA	$13.9B	1.7x	2.7x
Antarchile	$13.5B	n/a	n/a
Whitecap Resources	$13.5B	3.3x	5.9x
Guangxi Guiguan Electric	$13.4B	9.0x	14.0x
NHPC	$13.0B	10.0x	17.7x
Formosa Petrochemical	$12.7B	0.7x	16.0x
Raizen	$12.7B	0.3x	5.7x
HF Sinclair	$12.6B	0.5x	5.7x
OMV Petrom	$12.4B	1.6x	6.3x
ARC Resources	$12.3B	2.9x	5.0x
Antero Midstream	$12.3B	10.2x	10.9x
S-Oil	$12.2B	0.5x	17.0x
Grupo Energía Bogotá	$12.1B	5.4x	12.7x
Chuantou Energy	$12.0B	47.4x	14.1x
ENGIE Brasil Energia	$11.7B	5.5x	9.0x
ENN Energy	$11.6B	0.7x	6.7x
Eneva	$11.6B	4.4x	9.4x
Enlight Renewable Energy	$11.6B	n/a	n/a
Algonquin Power	$11.5B	4.8x	11.7x
Oil India	$11.5B	4.9x	11.0x
BKW	$11.4B	1.9x	9.2x
Capital Power	$11.3B	4.4x	9.8x
MOL Group	$11.0B	0.4x	3.2x
PRIO	$10.9B	4.3x	7.3x
Energisa	$10.8B	1.9x	7.1x
Hubei Energy	$10.8B	4.0x	9.0x
Ligga	$10.7B	2.6x	10.2x
National Fuel Gas	$10.7B	4.5x	7.3x
Uniper	$10.5B	0.1x	8.1x
Oklo	$10.2B	n/a	-102.8x
Ormat Technologies	$10.2B	10.5x	17.6x
Range Resources	$10.0B	3.3x	7.1x
Sinopec Oilfield Service	$10.0B	0.8x	n/a
Black Hills	$9.8B	4.2x	10.7x
Viper Energy	$9.8B	7.0x	7.6x
Meridian Energy	$9.7B	3.3x	19.7x
Romgaz	$9.7B	5.2x	9.2x
Shenergy Group	$9.6B	2.4x	6.4x
Comstock Resources	$9.5B	4.9x	8.8x
TAURON	$9.4B	1.0x	4.4x
CEMIG	$9.2B	1.2x	6.7x
Aboitiz Power	$9.2B	2.9x	9.3x
Matador Resources	$9.2B	2.6x	3.9x
Opc Energy	$9.1B	n/a	n/a
ReNew	$9.1B	6.2x	9.1x
PetroVietnam Gas	$8.9B	2.0x	13.0x
Petronas Gas	$8.9B	5.5x	10.4x
Ades Holding	$8.7B	5.0x	9.5x
Tüpraş	$8.6B	0.4x	5.9x
Harbour Energy	$8.6B	0.9x	1.3x
NewMed Energy	$8.5B	9.8x	12.4x
Hess Midstream	$8.4B	5.1x	6.7x
Centrica	$8.4B	0.3x	4.9x
Torrent Power	$8.4B	2.5x	13.4x
Shaanxi Energy Investment	$8.4B	2.8x	6.3x
CNX Resources	$8.3B	4.1x	6.8x
Delek Group	$8.3B	n/a	n/a
Vista Energy	$8.3B	3.3x	4.8x
Northland Power	$8.3B	4.8x	9.3x
Cosmo Energy Holdings	$7.9B	0.5x	6.1x
NextDecade	$7.9B	n/a	-41.1x
Guangzhou Development Group	$7.7B	1.1x	8.2x
Icahn Enterprises	$7.7B	0.8x	n/a
SM Energy	$7.6B	2.3x	3.3x
Guangdong Investment	$7.5B	3.1x	6.0x
NorthWestern Energy	$7.5B	4.7x	11.9x
TransAlta	$7.4B	3.9x	8.8x
EVN	$7.4B	2.0x	6.9x
Guanghui Energy	$7.2B	1.6x	10.4x
Jiangsu Guoxin	$7.2B	n/a	n/a
Banpu	$7.1B	1.3x	6.1x
Motor Oil (Hellas)	$6.9B	0.5x	5.2x
Kinetik Holdings	$6.9B	4.0x	6.9x
Chord Energy	$6.9B	1.4x	2.9x
Contact Energy	$6.8B	3.4x	13.0x
PBF Energy	$6.8B	0.2x	93.7x
Thaioil	$6.8B	0.5x	9.2x
INA-Industrija Nafte	$6.7B	n/a	n/a
Mercury NZ	$6.7B	3.2x	12.5x
Crescent Energy	$6.7B	1.8x	3.2x
HELLENiQ ENERGY	$6.6B	0.5x	5.3x
Avista	$6.5B	3.3x	9.9x
Murphy Oil	$6.4B	2.3x	4.3x
AGL Energy	$6.2B	0.6x	4.4x
ERG	$6.0B	6.1x	9.0x
SJVN	$6.0B	13.8x	20.3x
Auren Energia	$5.9B	2.5x	8.8x
Energix-Renewable	$5.9B	n/a	n/a
TAQA Morocco	$5.9B	4.9x	16.7x
California Resources	$5.9B	1.7x	4.7x
Kunlun Energy	$5.8B	0.2x	2.6x
Viva Energy Australia	$5.8B	0.3x	12.1x
Rede Energia	$5.8B	n/a	n/a
Energa	$5.6B	n/a	n/a
Pampa Energia	$5.5B	2.8x	5.9x
Helmerich & Payne	$5.4B	1.4x	5.9x
Drax Group	$5.4B	0.7x	4.4x
Navitas Petroleum	$5.4B	n/a	n/a
MedcoEnergi	$5.3B	2.4x	4.5x
Fuchs	$5.3B	1.3x	8.5x
Energean	$5.3B	3.0x	4.8x
Fujian Funeng Co	$5.3B	2.6x	5.6x
Ithaca Energy	$5.2B	1.7x	2.4x
Boralex	$5.1B	7.9x	10.4x
Enel Generacion Chile	$5.1B	n/a	n/a
Magnolia Oil & Gas	$5.1B	3.9x	5.6x
Bangchak Corporation	$4.9B	0.3x	4.2x
NuScale Power	$4.8B	115.6x	-8.3x
PTT Oil and Retail	$4.8B	0.2x	7.4x
Gulfport Energy	$4.8B	3.4x	5.4x
Delek US Holdings	$4.8B	0.4x	4.1x
Northern Oil & Gas	$4.7B	2.0x	2.9x
Peyto	$4.6B	5.2x	6.3x
Luberef	$4.6B	2.1x	15.1x
Mangalore Refinery	$4.6B	0.5x	11.2x
FTAI Infrastructure	$4.6B	8.7x	14.9x
Scatec	$4.5B	8.6x	10.5x
TAESA	$4.5B	n/a	n/a
Calumet	$4.4B	1.1x	14.5x
Electricity Generating	$4.3B	3.8x	14.4x
ACEN	$4.3B	7.5x	21.8x
Otter Tail	$4.3B	3.3x	8.8x
ALDREES Petroleum	$4.3B	0.6x	13.0x
Strathcona Resources	$4.2B	1.5x	3.2x
Brava Energia	$4.2B	1.9x	4.4x
Societatea Nationala Nuclearelectrica	$4.2B	3.4x	6.3x
B.Grimm Power	$4.2B	2.3x	9.2x
Baytex Energy	$4.2B	1.8x	3.2x
Grenergy Renovables	$4.2B	5.4x	17.6x
Solaria Energia	$4.2B	11.7x	13.3x
Patterson-UTI	$4.1B	0.9x	4.6x
Ignitis	$4.0B	1.4x	6.7x
OGDC	$3.9B	2.8x	n/a
Tamarack Valley Energy	$3.8B	3.2x	5.6x
MGE Energy	$3.7B	5.2x	13.7x
CVR Energy	$3.7B	0.5x	9.0x
Secure Waste Infr	$3.6B	3.3x	10.0x
Kosmos Energy	$3.6B	2.7x	6.2x
Voltalia	$3.6B	5.4x	14.7x
Minera Valparaiso	$3.6B	n/a	n/a
Alliance Res Partners	$3.5B	1.6x	5.2x
BKV Corporation	$3.5B	3.8x	10.3x
Equatorial Para Distribuidora de Energia	$3.5B	n/a	n/a
Par Pacific Holdings	$3.4B	0.5x	7.6x
SK Gas	$3.4B	0.6x	6.3x
Energisa Mato Grosso	$3.4B	n/a	n/a
Mach Natural Resources	$3.2B	2.8x	5.3x
Talos Energy	$3.1B	1.7x	2.5x
Orygen Peru	$3.0B	n/a	n/a
Athabasca Oil Corporation	$3.0B	3.3x	7.5x
Lechwerke	$3.0B	n/a	n/a
Pertamina Geothermal	$2.9B	6.9x	8.7x
NuVista Energy	$2.9B	3.2x	5.6x
International Petroleum	$2.9B	4.3x	12.2x
AKSA Enerji	$2.9B	3.0x	10.3x
Odfjell Drilling	$2.8B	3.1x	6.2x
Reliance Power	$2.7B	n/a	n/a
Shanghai Petrochemical	$2.6B	0.2x	11.7x
Central Puerto	$2.6B	3.7x	7.9x
Petrolimex	$2.6B	0.3x	13.7x
Vermilion Energy	$2.5B	1.7x	3.4x
Tsakos Energy Navigation	$2.5B	3.7x	6.2x
Genesis Energy New Zealand	$2.4B	1.1x	8.7x
DNO	$2.4B	1.5x	2.4x
Greencoat Renewables	$2.4B	n/a	n/a
Celsia	$2.1B	1.4x	4.6x
Beach Energy	$2.1B	1.5x	2.9x
BlueNord	$2.1B	2.1x	3.8x
Paramount Resources	$2.1B	4.1x	2.4x
Banpu Power	$2.1B	2.8x	9.8x
Verbio	$2.0B	1.0x	32.1x
Alerion CleanPower	$2.0B	6.8x	8.7x
Shikun & Binui Energy	$2.0B	n/a	n/a
LandBridge	$1.9B	9.9x	11.1x
Dana Gas	$1.9B	6.4x	8.6x
Headwater Exploration	$1.9B	4.4x	7.1x
Empresa Eléctrica Pehuenche	$1.9B	n/a	n/a
Birchcliff Energy	$1.9B	3.6x	6.1x
PNEGroup	$1.9B	5.7x	19.6x
Advantage Energy	$1.9B	3.5x	6.2x
Polenergia	$1.8B	1.7x	12.3x
Bukit Asam	$1.7B	0.7x	7.9x
HighPeak Energy	$1.6B	1.9x	2.6x
Natural Resources	$1.6B	n/a	n/a
Edenor	$1.5B	0.6x	3.4x
Maurel & Prom	$1.5B	2.3x	4.9x
CropEnergies	$1.4B	n/a	n/a
CK Power PCL	$1.3B	3.9x	10.3x
Naturenergie Holding	$1.3B	n/a	n/a
Engie Energia Peru	$1.2B	n/a	n/a
Dorchester Minerals	$1.1B	n/a	n/a
Vulcan Energy Resources	$1.1B	111.9x	-23.7x
Audax Renovables	$1.0B	0.4x	8.0x
SP New Energy	$1.0B	n/a	n/a
Energiekontor	$1.0B	5.2x	11.2x
Waaree RTL	$1.0B	n/a	n/a
Hallador Energy	$982M	2.1x	17.9x
Capex	$975M	n/a	n/a
Gran Tierra Energy	$906M	1.4x	3.0x
Ecoener	$898M	7.2x	13.2x
Petroreconcavo	$875M	1.5x	3.1x
Arendals Fossekompani	$860M	n/a	n/a
West Holdings	$823M	2.5x	n/a
Savannah Energy	$817M	3.4x	4.3x
Amplitude Energy	$790M	4.0x	6.2x
Archer	$725M	0.5x	4.7x
Clean Energy Fuels	$704M	1.7x	10.7x
Tamboran Resources	$634M	78.2x	-33.6x
Gevo	$558M	3.5x	35.9x
KN Energies	$507M	n/a	n/a
Deutsche Rohstoff	$494M	2.2x	3.3x
Bannerman Energy	$462M	1421.8x	-77.1x
HLB Life Science	$422M	n/a	n/a
EnviTec Biogas	$419M	n/a	n/a
Edisun Power	$394M	n/a	n/a
OPAL Fuels	$393M	1.1x	4.8x
ABO Energy	$393M	1.2x	12.3x
Boss Energy	$377M	3.6x	11.5x
Gas Plus	$361M	n/a	n/a
Dynagas LNG Partners	$358M	n/a	n/a
Petrolina (Hldgs)	$350M	n/a	n/a
Infinity Natural Resources	$342M	1.0x	1.4x
Montauk Renewables	$324M	1.8x	8.8x
PrimeEnergy Resources	$312M	1.7x	2.9x
Okea	$300M	0.3x	0.6x
Deep Value Driller	$296M	5.1x	5.5x
La Francaise de l'Energie	$289M	7.0x	12.1x
Empresa Metropolitana	$288M	n/a	n/a
LGI Ltd.	$280M	10.4x	20.5x
Strike Energy	$276M	5.6x	10.4x
Genie Energy	$268M	0.5x	8.1x
Orron Energy	$259M	6.8x	-33.2x
Photon Energy	$231M	1.9x	21.9x
Makpetrol	$211M	n/a	n/a
Bumech	$209M	n/a	n/a
Awilco LNG	$198M	n/a	n/a
A.b.p. Nocivelli	$194M	1.7x	9.3x
Lhyfe	$191M	15.2x	-6.0x
Maha Capital	$186M	n/a	n/a
Beetaloo Energy Australia	$185M	127.6x	-40.2x
Kolibri Global Energy	$180M	3.0x	4.1x
Electrica Puntilla	$177M	n/a	n/a
Daldrup & Söhne	$165M	2.9x	17.9x
Clearvise	$146M	3.0x	4.5x
QPM Energy	$138M	1.7x	7.2x
Omega Oil & Gas	$134M	n/a	n/a
EDELMAG	$133M	n/a	n/a
Epsilon Energy	$133M	n/a	n/a
Conpet	$128M	n/a	n/a
Oil Terminal	$127M	n/a	n/a
Enda Enerji	$114M	n/a	n/a
Aura Energy	$108M	n/a	-12.4x
Comet Ridge	$103M	150425.4x	-31.7x
Dolphin Drilling	$96.2M	n/a	n/a
Docks Petroles d Ambes	$83.5M	n/a	n/a
AleAnna	$79.6M	n/a	n/a
Frontier Energy	$76.3M	n/a	-30.7x
Pyxis Tankers	$68.7M	1.9x	4.9x
Kinetiko Energy	$64.4M	n/a	-20.8x
PTR Minerals	$62.0M	n/a	n/a
Invictus Energy	$52.6M	n/a	n/a
InterOil Exploration	$43.4M	n/a	n/a
Onico	$37.9M	n/a	n/a
Toplivo	$32.8M	n/a	n/a
Robin Energy	$30.3M	n/a	n/a
Hunter Group	$28.3M	n/a	n/a
Uni-Fuels	$25.5M	0.1x	25.9x
Groupe Okwind	$24.6M	n/a	n/a
Eagle Filters Group	$23.7M	n/a	n/a
Imperial Ptrl	$21.5M	0.1x	0.4x
Delixy Holdings	$16.0M	n/a	n/a
Hydrogen De	$14.1M	n/a	n/a
Ecoslops	$12.7M	n/a	n/a
Atlantic Petroleum	$12.5M	n/a	n/a
Founder Group Limited	$12.1M	n/a	n/a
Igrene	$4.3M	n/a	n/a
Clean & Carbon Energy	$2.8M	n/a	n/a
Oil and Gas Explr and Pro	-$5.6M	n/a	n/a
Verde Clean Fuels	-$30.3M	n/a	n/a
LW Bogdanka	-$39.9M	-0.0x	-0.2x