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| Company | Headquarters | Sector | Stock Price | Enterprise Value | EV/Revenue | EV/EBITDA |
|---|---|---|---|---|---|---|
| GE Vernova | United States of America | Energy Services, Wind, Nuclear, Energy Equipment | $578 | $150B | 4.1x | 48.1x |
| Energy Transfer | United States of America | Energy Services, Fossil Fuels | $17 | $119B | 1.4x | 7.5x |
| Sempra | United States of America | Energy Services, Utilities | $92 | $99.5B | 7.1x | 17.0x |
| Enterprise Products | United States of America | Energy Services, Fossil Fuels | $31 | $99.2B | 1.9x | 10.0x |
| Williams Companies | United States of America | Energy Services, Fossil Fuels | $57 | $97.3B | 8.4x | 12.8x |
| Kinder Morgan | United States of America | Energy Services, Fossil Fuels | $26 | $90.0B | 5.5x | 10.9x |
| ONEOK | United States of America | Energy Services, Fossil Fuels | $67 | $74.7B | 2.3x | 9.5x |
| MPLX | United States of America | Energy Services, Fossil Fuels | $50 | $71.6B | 5.7x | 10.3x |
| Quanta Services | United States of America | Energy Services, Construction & Engineering | $449 | $71.5B | 2.6x | 26.2x |
| Targa Resources | United States of America | Energy Services, Fossil Fuels | $151 | $49.3B | 2.6x | 10.5x |
| NRG Energy | United States of America | Utilities, Energy Services, Energy Exploration & Generation | $179 | $46.1B | 1.5x | 11.6x |
| Xylem | United States of America | Energy Services, Water, Machinery | $153 | $38.1B | 4.3x | 19.6x |
| Atmos Energy | United States of America | Utilities, Energy Services | $172 | $35.8B | 7.3x | 15.3x |
| NiSource | United States of America | Utilities, Energy Services | $42 | $35.7B | 5.9x | 12.6x |
| Western Midstream | United States of America | Energy Services, Fossil Fuels | $38 | $22.5B | 5.9x | 9.2x |
| Plains All American Pipeline | United States of America | Energy Services, Fossil Fuels | $17 | $20.3B | 0.4x | 7.2x |
| Essential Utilities | United States of America | Utilities, Water, Energy Services | $39 | $18.8B | 8.1x | 15.2x |
| TechnipFMC | United States of America | Energy Services, Fossil Fuels | $41 | $17.1B | 1.7x | 9.8x |
| Plains GP Holdings | United States of America | Fossil Fuels, Energy Services | $18 | $11.9B | 0.2x | 4.2x |
| Transocean | United States of America | Energy Services, Fossil Fuels | $4 | $10.4B | 2.7x | 8.0x |
| Spire | United States of America | Energy Services, Utilities | $87 | $10.3B | 4.0x | 12.1x |
| Murphy USA | United States of America | Energy Services, Specialty Stores | $392 | $10.1B | 0.5x | 10.2x |
| Southwest Gas Holdings | United States of America | Utilities, Energy Services | $80 | $10.1B | 2.5x | 11.8x |
| National Fuel Gas | United States of America | Energy Services, Fossil Fuels, Energy Exploration & Generation | $79 | $9.8B | 4.0x | 6.9x |
| New Fortress Energy | United States of America | Utilities, Energy Services | $1 | $9.2B | 5.5x | 32.0x |
| Ormat Technologies | United States of America | Energy Services, Solar, Energy Exploration & Generation | $107 | $9.1B | 9.7x | 16.0x |
| Black Hills | United States of America | Utilities, Energy Services, Energy Exploration & Generation | $64 | $9.0B | 3.9x | 10.0x |
| Frontline | United States of America | Energy Services, Fossil Fuels | $25 | $8.6B | 6.4x | 9.2x |
| ONE Gas | United States of America | Utilities, Energy Services | $81 | $8.1B | 3.3x | 10.7x |
| New Jersey Resources | United States of America | Energy Services, Utilities | $44 | $8.0B | 4.0x | 11.0x |
| Noble Corp | United States of America | Energy Services | $29 | $6.2B | 1.9x | 5.7x |
| Kodiak Gas Services | United States of America | Energy Services, Fossil Fuels | $36 | $5.7B | 4.5x | 8.2x |
| Golar LNG | United States of America | Fossil Fuels, Energy Services, Marine Transportation | $41 | $5.3B | 14.2x | 21.0x |
| Badger Meter | United States of America | Sensors & Instruments, Energy Services | $183 | $5.2B | 5.7x | 24.3x |
| Genesis Energy | United States of America | Energy Services, Fossil Fuels | $16 | $5.1B | 2.9x | 9.1x |
| Valaris | United States of America | Energy Services, Fossil Fuels | $56 | $4.7B | 2.0x | 8.3x |
| Delek Logistics | United States of America | Energy Services, Fossil Fuels | $45 | $4.6B | 4.6x | 9.5x |
| Chesapeake Utilities | United States of America | Utilities, Energy Services | $129 | $4.6B | 5.3x | 14.4x |
| Northwest Natural Holdings | United States of America | Energy Services, Utilities | $46 | $4.2B | 3.2x | 10.1x |
| NGL Energy Partners | United States of America | Energy Services | $6 | $3.8B | 1.2x | 6.1x |
| Liberty Energy | United States of America | Energy Services, Fossil Fuels | $19 | $3.7B | 0.9x | 5.8x |
| Global Partners | United States of America | Energy Services, Fossil Fuels | $46 | $3.5B | 0.2x | 8.7x |
| Scorpio Tankers | United States of America | Energy Services, Fossil Fuels | $62 | $3.5B | 3.6x | 5.9x |
| International Seaways | United States of America | Fossil Fuels, Energy Services, Marine Transportation | $51 | $2.9B | 3.6x | 6.3x |
| Borr Drilling | United States of America | Energy Services | $3 | $2.8B | 2.8x | 5.9x |
| Centuri Holdings | United States of America | Energy Services, Utilities | $20 | $2.8B | 1.0x | 11.2x |
| Oceaneering | United States of America | Fossil Fuels, Energy Services | $24 | $2.7B | 1.0x | 6.9x |
| Tidewater | United States of America | Fossil Fuels, Energy Services, Marine Transportation | $49 | $2.7B | 2.0x | 4.7x |
| Nabors Industries | United States of America | Energy Services | $52 | $2.7B | 0.9x | 3.0x |
| Fluence Energy | United States of America | Energy Services, Energy Storage | $20 | $2.6B | 1.0x | 193.8x |
| Suburban Propane | United States of America | Utilities, Energy Services | $18 | $2.5B | 1.8x | 9.0x |
| DHT Holdings | United States of America | Fossil Fuels, Energy Services, Marine Transportation | $13 | $2.3B | 6.2x | 8.3x |
| ProFrac | United States of America | Fossil Fuels, Energy Services | $5 | $2.2B | 1.1x | 6.6x |
| Seadrill | United States of America | Energy Services | $31 | $2.1B | 1.5x | 6.3x |
| Atlas Energy Solutions | United States of America | Fossil Fuels, Energy Services | $12 | $2.0B | 1.8x | 7.7x |
| Navigator Gas | United States of America | Energy Services, Fossil Fuels | $16 | $1.9B | 3.5x | 6.5x |
| Bristow Group | United States of America | Energy Services, Airports & Aviation Services | $39 | $1.8B | 1.2x | 7.4x |
| Excelerate Energy | United States of America | Fossil Fuels, Energy Services | $25 | $1.8B | 1.8x | 4.4x |
| World Kinect | United States of America | Energy Services, Fossil Fuels | $26 | $1.7B | 0.0x | 5.0x |
| Kimbell Royalty Partners | United States of America | Energy Services, Fossil Fuels | $13 | $1.7B | 5.1x | 6.2x |
| Dorian LPG | United States of America | Fossil Fuels, Energy Services, Marine Transportation | $29 | $1.6B | 4.1x | 7.0x |
| CrossAmerica Partners | United States of America | Fossil Fuels, Energy Services | $21 | $1.6B | 0.5x | 11.5x |
| Expro | United States of America | Energy Services, Fossil Fuels | $14 | $1.6B | 1.0x | 4.5x |
| Select Water | United States of America | Energy Services, Fossil Fuels | $12 | $1.5B | 1.1x | 6.0x |
| Summit Midstream | United States of America | Energy Services | $22 | $1.4B | N/A | N/A |
| Teekay Tankers | United States of America | Fossil Fuels, Energy Services, Marine Transportation | $60 | $1.4B | 2.2x | 4.5x |
| Helix Energy Solutions | United States of America | Fossil Fuels, Energy Services | $7 | $1.3B | 1.0x | 5.0x |
| ProPetro Holding | United States of America | Energy Services | $11 | $1.2B | 1.0x | 6.0x |
| Nordic American Tankers | United States of America | Energy Services, Marine Transportation | $4 | $1.1B | 5.4x | 9.9x |
| Tetra Technologies | United States of America | Fossil Fuels, Energy Services | $7 | $1.1B | 1.8x | 10.5x |
| RPC Inc. | United States of America | Energy Services, Fossil Fuels | $5 | $1.0B | 0.7x | 4.5x |
| Star Group | United States of America | Fossil Fuels, Energy Services | $11 | $645M | N/A | N/A |
| EVgo | United States of America | Energy Equipment, Energy Services, Electric Vehicles | $4 | $570M | 1.6x | -61.0x |
| Allego | United States of America | Electric Vehicles, Energy Services | $0 | $539M | N/A | N/A |
| Oil States International | United States of America | Fossil Fuels, Energy Equipment, Energy Services | $7 | $494M | 0.7x | 5.8x |
| Nine Energy Service | United States of America | Energy Services | $1 | $380M | 0.7x | 8.1x |
| ChargePoint | United States of America | Electric Vehicles, Energy Services | $11 | $378M | 0.9x | -3.9x |
| OPAL Fuels | United States of America | Energy Exploration & Generation, Energy Services, Utilities | $2 | $372M | 1.1x | 4.4x |
| RGC Resources | United States of America | Energy Services, Utilities | $21 | $356M | 3.6x | 11.6x |
| Arq | United States of America | Energy Services, Environmental & Facilities Services | $7 | $316M | 2.6x | 21.1x |
| Ranger Energy Services | United States of America | Energy Services | $14 | $277M | 0.5x | 4.0x |
| NextNRG | United States of America | Energy Services, Energy & Utilities Software | $2 | $260M | 3.7x | N/A |
| Blink Charging | United States of America | Electric Vehicles, Energy Services | $2 | $177M | 1.6x | -3.1x |
| Naas Technology | United States of America | Energy Services | $4 | $117M | N/A | N/A |
| XCHG | United States of America | Energy Equipment, Electric Vehicles, Machinery, Energy Services | $2 | $82.6M | N/A | N/A |
| Mammoth Energy Services | United States of America | Energy Services, Fossil Fuels, Construction & Engineering | $2 | -$22.7M | -0.1x | N/A |
| Teekay | United States of America | Fossil Fuels, Energy Services | $9 | -$68.3M | N/A | N/A |
Valuation multiples as of last 12 months (LTM). Stock prices as of October 30, 2025. Financial data powered by Morningstar and FactSet.
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