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| Company | Headquarters | Sector | Stock Price | Enterprise Value | EV/Revenue | EV/EBITDA |
|---|---|---|---|---|---|---|
| Exxon Mobil | United States of America | Energy Exploration & Generation, Fossil Fuels | $130 | $576B | 1.7x | 8.3x |
| Chevron | United States of America | Energy Exploration & Generation, Fossil Fuels | $166 | $366B | 2.0x | 8.9x |
| ConocoPhillips | United States of America | Energy Exploration & Generation, Fossil Fuels | $98 | $139B | 2.3x | 5.4x |
| Energy Transfer | United States of America | Energy Services, Fossil Fuels | $17 | $120B | 1.5x | 7.5x |
| Enterprise Products | United States of America | Energy Services, Fossil Fuels | $33 | $105B | 2.0x | 10.6x |
| Williams Companies | United States of America | Energy Services, Fossil Fuels | $62 | $103B | 9.1x | 13.3x |
| Kinder Morgan | United States of America | Energy Services, Fossil Fuels | $28 | $94.6B | 5.6x | 11.4x |
| Marathon Petroleum | United States of America | Energy Exploration & Generation, Fossil Fuels | $176 | $84.3B | 0.6x | 7.4x |
| MPLX | United States of America | Energy Services, Fossil Fuels | $57 | $81.9B | 6.3x | 11.7x |
| ONEOK | United States of America | Energy Services, Fossil Fuels | $74 | $79.3B | 2.4x | 9.8x |
| SLB | United States of America | Energy Equipment, Fossil Fuels | $47 | $79.0B | 2.2x | 9.3x |
| Phillips 66 | United States of America | Energy Exploration & Generation, Fossil Fuels | $138 | $75.6B | 0.6x | 9.4x |
| Occidental Petroleum | United States of America | Energy Exploration & Generation, Fossil Fuels | $43 | $71.1B | 2.7x | 5.2x |
| Cheniere Energy | United States of America | Energy Exploration & Generation, Fossil Fuels | $207 | $68.6B | 3.5x | 10.0x |
| Valero Energy | United States of America | Energy Exploration & Generation, Fossil Fuels | $183 | $61.8B | 0.5x | 8.6x |
| EOG Resources | United States of America | Energy Exploration & Generation, Fossil Fuels | $105 | $61.7B | 2.7x | 5.1x |
| Diamondback Energy | United States of America | Energy Exploration & Generation, Fossil Fuels | $151 | $59.4B | 4.2x | 5.8x |
| Targa Resources | United States of America | Energy Services, Fossil Fuels | $185 | $57.1B | 3.4x | 11.7x |
| Baker Hughes | United States of America | Energy Equipment, Fossil Fuels | $52 | $54.4B | 2.0x | 11.4x |
| Venture Global | United States of America | Energy Exploration & Generation, Fossil Fuels | $9 | $53.0B | 3.9x | 8.3x |
| Cheniere Energy Partners | United States of America | Utilities, Fossil Fuels | $56 | $41.9B | 3.9x | 11.6x |
| EQT Corporation | United States of America | Energy Exploration & Generation, Fossil Fuels | $51 | $39.5B | 4.7x | 7.3x |
| Halliburton | United States of America | Energy Equipment, Fossil Fuels | $33 | $34.0B | 1.6x | 8.2x |
| Devon Energy | United States of America | Energy Exploration & Generation, Fossil Fuels | $36 | $30.0B | 1.8x | 4.0x |
| Expand Energy | United States of America | Energy Exploration & Generation, Fossil Fuels | $100 | $28.2B | 2.4x | 5.7x |
| Western Midstream | United States of America | Energy Services, Fossil Fuels | $42 | $23.8B | 6.2x | 9.4x |
| Coterra Energy | United States of America | Energy Exploration & Generation, Fossil Fuels | $26 | $23.6B | 3.1x | 5.0x |
| Texas Pacific | United States of America | Energy Exploration & Generation, Fossil Fuels | $337 | $22.7B | 28.4x | 33.2x |
| Plains All American Pipeline | United States of America | Energy Services, Fossil Fuels | $19 | $22.1B | 0.5x | 7.7x |
| TechnipFMC | United States of America | Energy Services, Fossil Fuels | $52 | $21.6B | 2.2x | 11.8x |
| Sunoco | United States of America | Energy Exploration & Generation, Fossil Fuels | $58 | $17.7B | 0.7x | 8.5x |
| Ovintiv | United States of America | Energy Exploration & Generation, Fossil Fuels | $40 | $16.5B | 1.9x | 3.9x |
| DT Midstream | United States of America | Energy Exploration & Generation, Fossil Fuels | $120 | $15.5B | 12.4x | 13.6x |
| Permian Resources | United States of America | Energy Exploration & Generation, Fossil Fuels | $14 | $14.3B | 2.7x | 3.7x |
| Antero Resources | United States of America | Energy Exploration & Generation, Fossil Fuels | $32 | $13.6B | 2.6x | 8.2x |
| APA | United States of America | Energy Exploration & Generation, Fossil Fuels | $26 | $13.3B | 1.7x | 2.6x |
| Plains GP Holdings | United States of America | Fossil Fuels, Energy Services | $21 | $12.5B | 0.3x | 4.4x |
| Antero Midstream | United States of America | Energy Exploration & Generation, Fossil Fuels | $18 | $11.8B | 9.9x | 10.5x |
| HF Sinclair | United States of America | Energy Exploration & Generation, Fossil Fuels | $49 | $10.7B | 0.4x | 4.9x |
| National Fuel Gas | United States of America | Energy Services, Fossil Fuels, Energy Exploration & Generation | $81 | $10.5B | 4.4x | 7.2x |
| Transocean | United States of America | Energy Services, Fossil Fuels | $4 | $10.0B | 2.5x | 7.4x |
| Range Resources | United States of America | Energy Exploration & Generation, Fossil Fuels | $34 | $9.5B | 3.2x | 6.7x |
| Comstock Resources | United States of America | Energy Exploration & Generation, Fossil Fuels | $21 | $9.4B | 4.9x | 8.7x |
| Frontline | United States of America | Energy Services, Fossil Fuels | $26 | $8.9B | 7.2x | 9.3x |
| Viper Energy | United States of America | Energy Exploration & Generation, Fossil Fuels | $37 | $8.8B | 6.3x | 6.8x |
| Matador Resources | United States of America | Energy Exploration & Generation, Fossil Fuels | $43 | $8.6B | 2.4x | 3.7x |
| Hess Midstream | United States of America | Energy Exploration & Generation, Fossil Fuels | $35 | $8.3B | 5.1x | 6.7x |
| CNX Resources | United States of America | Energy Exploration & Generation, Fossil Fuels | $36 | $8.0B | 3.9x | 6.6x |
| NextDecade | United States of America | Energy Exploration & Generation, Fossil Fuels | $5 | $7.9B | N/A | -41.2x |
| NOV Inc. | United States of America | Energy Equipment, Fossil Fuels | $18 | $7.7B | 0.9x | 7.7x |
| Icahn Enterprises | United States of America | Energy Exploration & Generation, Fossil Fuels | $8 | $7.6B | 0.8x | N/A |
| Civitas Resources | United States of America | Energy Exploration & Generation, Fossil Fuels | $26 | $7.3B | 1.6x | 2.3x |
| Archrock | United States of America | Energy Equipment, Fossil Fuels | $26 | $7.2B | 4.8x | 8.6x |
| Weatherford | United States of America | Energy Equipment, Fossil Fuels | $84 | $6.8B | 1.4x | 6.5x |
| Kinetik Holdings | United States of America | Energy Exploration & Generation, Fossil Fuels | $39 | $6.7B | 3.9x | 6.8x |
| Murphy Oil | United States of America | Energy Exploration & Generation, Fossil Fuels | $34 | $6.6B | 2.4x | 4.5x |
| Chord Energy | United States of America | Energy Exploration & Generation, Fossil Fuels | $92 | $6.3B | 1.3x | 2.7x |
| PBF Energy | United States of America | Energy Exploration & Generation, Fossil Fuels | $30 | $6.1B | 0.2x | 84.2x |
| Crescent Energy | United States of America | Energy Exploration & Generation, Fossil Fuels | $8 | $6.1B | 1.7x | 3.0x |
| Kodiak Gas Services | United States of America | Energy Services, Fossil Fuels | $38 | $5.9B | 4.5x | 8.3x |
| USA Compression | United States of America | Energy Equipment, Fossil Fuels | $26 | $5.7B | 5.7x | 9.3x |
| Golar LNG | United States of America | Fossil Fuels, Energy Services, Marine Transportation | $40 | $5.4B | 13.6x | 21.2x |
| Genesis Energy | United States of America | Energy Services, Fossil Fuels | $17 | $5.2B | 3.3x | 9.6x |
| California Resources | United States of America | Energy Exploration & Generation, Fossil Fuels | $48 | $5.2B | 1.5x | 4.1x |
| Helmerich & Payne | United States of America | Fossil Fuels, Energy Exploration & Generation | $32 | $5.2B | 1.4x | 5.7x |
| Warrior Met Coal | United States of America | Fossil Fuels | $100 | $5.1B | 4.0x | 21.5x |
| Delek Logistics | United States of America | Energy Services, Fossil Fuels | $48 | $4.8B | 4.6x | 9.6x |
| SM Energy | United States of America | Energy Exploration & Generation, Fossil Fuels | $18 | $4.6B | 1.4x | 2.0x |
| Northern Oil & Gas | United States of America | Energy Exploration & Generation, Fossil Fuels | $22 | $4.5B | 1.9x | 2.8x |
| Delek US Holdings | United States of America | Energy Exploration & Generation, Fossil Fuels | $28 | $4.3B | 0.4x | 3.7x |
| Magnolia Oil & Gas | United States of America | Energy Exploration & Generation, Fossil Fuels | $23 | $4.3B | 3.2x | 4.7x |
| Valaris | United States of America | Energy Services, Fossil Fuels | $54 | $4.3B | 1.8x | 7.0x |
| Gulfport Energy | United States of America | Energy Exploration & Generation, Fossil Fuels | $179 | $4.1B | 3.0x | 4.7x |
| Calumet | United States of America | Energy Exploration & Generation, Fossil Fuels, Chemicals | $20 | $4.0B | 1.0x | 13.1x |
| Liberty Energy | United States of America | Energy Services, Fossil Fuels | $20 | $3.9B | 1.0x | 6.8x |
| Patterson-UTI | United States of America | Energy Exploration & Generation, Fossil Fuels | $7 | $3.8B | 0.8x | 4.3x |
| Diversified Energy | United States of America | Fossil Fuels | $12 | $3.7B | 2.2x | 4.1x |
| Global Partners | United States of America | Energy Services, Fossil Fuels | $44 | $3.5B | 0.2x | 9.3x |
| CVR Energy | United States of America | Energy Exploration & Generation, Fossil Fuels | $23 | $3.5B | 0.5x | 8.7x |
| Kosmos Energy | United States of America | Energy Exploration & Generation, Fossil Fuels | $1 | $3.5B | 2.6x | 6.0x |
| Alliance Res Partners | United States of America | Fossil Fuels, Energy Exploration & Generation | $24 | $3.5B | 1.6x | 5.1x |
| Scorpio Tankers | United States of America | Energy Services, Fossil Fuels | $59 | $3.3B | 3.6x | 6.3x |
| Cactus | United States of America | Energy Equipment, Fossil Fuels | $53 | $3.3B | 3.0x | 9.5x |
| International Seaways | United States of America | Fossil Fuels, Energy Services, Marine Transportation | $56 | $3.2B | 4.0x | 7.0x |
| Par Pacific Holdings | United States of America | Energy Exploration & Generation, Fossil Fuels | $37 | $3.1B | 0.4x | 6.8x |
| Oceaneering | United States of America | Fossil Fuels, Energy Services | $27 | $3.1B | 1.1x | 7.8x |
| Tidewater | United States of America | Fossil Fuels, Energy Services, Marine Transportation | $57 | $3.1B | 2.3x | 5.2x |
| Black Stone Minerals | United States of America | Fossil Fuels | $14 | $3.1B | 7.1x | 9.4x |
| Mach Natural Resources | United States of America | Energy Exploration & Generation, Fossil Fuels | $11 | $3.0B | 2.6x | 4.9x |
| BKV Corporation | United States of America | Energy Exploration & Generation, Fossil Fuels | $26 | $2.9B | 3.2x | 8.7x |
| Talos Energy | United States of America | Energy Exploration & Generation, Fossil Fuels | $11 | $2.8B | 1.6x | 2.3x |
| Alpha Metallurgical | United States of America | Fossil Fuels | $241 | $2.6B | 1.2x | 19.2x |
| Sable Offshore | United States of America | Fossil Fuels | $12 | $2.6B | 36.3x | -8.7x |
| Tsakos Energy Navigation | United States of America | Fossil Fuels, Energy Exploration & Generation | $26 | $2.4B | 3.7x | 6.1x |
| DHT Holdings | United States of America | Fossil Fuels, Energy Services, Marine Transportation | $13 | $2.3B | 6.2x | 8.0x |
| National Energy Services | United States of America | Fossil Fuels, Energy Equipment | $18 | $2.1B | 1.6x | 7.6x |
| LandBridge | United States of America | Energy Exploration & Generation, Fossil Fuels | $61 | $2.0B | 10.4x | 11.7x |
| Excelerate Energy | United States of America | Fossil Fuels, Energy Services | $33 | $2.0B | 1.8x | 4.6x |
| Navigator Gas | United States of America | Energy Services, Fossil Fuels | $18 | $2.0B | 3.6x | 6.8x |
| ProFrac | United States of America | Fossil Fuels, Energy Services | $4 | $2.0B | 1.0x | 6.7x |
Valuation multiples as of last 12 months (LTM). Stock prices as of January 18, 2026. Financial data powered by Morningstar and FactSet.
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