INDUSTRY

Gas Utilities Industry Overview

Utilities sector

Companies

Total Market Cap

$829.3B

Median P/E

18.8

P25: 14.6 / P75: 24.9

Median P/B

2.0

P25: 1.4 / P75: 2.6

Median EV/EBITDA

12.5

P25: 10.3 / P75: 13.6

Median ROE

10.5%

P25: 6.1% / P75: 20.1%

Top Companies by Market Cap(41)

Ticker	Name	Market Cap	P/E Ratio	P/B	EV/EBITDA	ROE
WMB	Williams Companies, Inc. TTM · 2026-06-30	$90.7B	29.5	5.9	17.0	20.0%
EPD	ENTERPRISE PRODUCTS PARTNERS L.P. TTM · 2026-06-30	$77.5B	12.3	2.5	11.0	20.3%
NGG	NATIONAL GRID PLC FY · 2025-03-31	$77.5B	20.9	1.6	-	7.6%
KMI	KINDER MORGAN, INC. TTM · 2026-06-30	$73.7B	21.2	2.2	13.7	10.5%
TRP	TC ENERGY CORPORATION FY · 2025-12-31	$63.1B	25.1	2.3	12.7	9.3%
TRGP	TARGA RESOURCES CORP. TTM · 2026-06-30	$62.3B	27.5	16.4	14.8	59.7%
LNG	CHENIERE ENERGY, INC. TTM · 2026-06-30	$58.3B	20.0	5.1	10.3	25.4%
OKE	ONEOK, Inc. TTM · 2026-06-30	$58.0B	15.9	2.5	11.8	15.8%
SRE	SEMPRA TTM · 2026-03-31	$53.5B	27.4	1.3	12.5	4.6%
VG	VENTURE GLOBAL, INC. TTM · 2026-06-30	$32.8B	8.7	2.7	9.7	31.3%
CQP	Cheniere Energy Partners, L.P. FY · 2025-12-31	$30.8B	10.3	40.9	10.2	396.2%
ATO	Atmos Energy Corp TTM · 2026-06-30	$27.4B	19.6	1.8	14.3	9.2%
WES	Western Midstream Partners, LP TTM · 2026-03-31	$18.7B	15.3	5.3	10.9	34.9%
DTM	DT Midstream, Inc. TTM · 2026-06-30	$12.8B	27.4	2.6	-	9.5%
AM	ANTERO MIDSTREAM CORPORATION FY · 2025-12-31	$10.0B	24.3	5.2	17.2	21.2%
UGP	ULTRAPAR HOLDINGS INC. FY · 2024-12-31	$8.4B	18.1	3.3	-	18.2%
UGI	UGI CORPORATION TTM · 2026-06-30	$8.1B	12.0	1.5	8.2	12.8%
NFG	NATIONAL FUEL GAS COMPANY TTM · 2026-06-30	$7.6B	11.2	1.9	6.6	17.2%
SWX	Southwest Gas Holdings, Inc. FY · 2025-12-31	$6.2B	14.1	1.5	11.7	10.7%
AROC	Archrock, Inc. TTM · 2026-06-30	$5.3B	16.2	3.4	8.8	21.2%
KGS	Kodiak Gas Services, Inc. TTM · 2026-06-30	$5.3B	66.0	2.5	11.8	3.7%
NJR	NEW JERSEY RESOURCES CORPORATION TTM · 2026-06-30	$5.3B	14.4	2.0	11.2	13.9%
SR	Spire Inc. FY · 2025-09-30	$4.7B	17.3	1.4	15.0	7.9%
OGS	ONE Gas, Inc. TTM · 2026-06-30	$4.6B	16.1	1.3	-	8.1%
BIPC	BROOKFIELD INFRASTRUCTURE CORPORATION FY · 2025-12-31	$4.5B	6.5	2.3	-	34.9%
KNTK	KINETIK HOLDINGS INC. TTM · 2026-06-30	$4.4B	22.3	-	13.5	-
TGS	GAS TRANSPORTER OF THE SOUTH INC. FY · 2024-12-31	$3.9B	-	1.8	-	-
CPK	CHESAPEAKE UTILITIES CORP TTM · 2026-06-30	$3.3B	21.7	1.9	13.0	9.0%
CTRI	Centuri Holdings, Inc. TTM · 2026-06-28	$2.1B	72.3	2.4	13.5	3.3%
NWN	NORTHWEST NATURAL HOLDING COMPANY TTM · 2026-06-30	$2.0B	16.2	1.3	9.7	8.1%
NGL	NGL Energy Partners LP TTM · 2026-06-30	$1.8B	-	-	12.5	-
NEXT	NEXTDECADE CORPORATION FY · 2025-12-31	$1.8B	-	0.6	-	-15.3%
EE	Excelerate Energy, Inc TTM · 2026-06-30	$1.1B	23.5	0.5	3.8	2.1%
SMC	Summit Midstream Corporation TTM · 2026-06-30	$443M	1532.4	0.5	7.9	0.0%
MNTK	MONTAUK RENEWABLES, INC. TTM · 2026-06-30	$342M	43.1	1.3	14.0	3.0%
CLNE	CLEAN ENERGY FUELS CORP. TTM · 2026-06-30	$311M	-	0.6	30.7	-16.8%
RGCO	RGC Resources, Inc. TTM · 2026-06-30	$236M	16.8	1.9	12.5	11.4%
SLNG	Stabilis Solutions, Inc. TTM · 2026-06-30	$93M	-	1.6	-	-13.4%
OPAL	OPAL FUELS INC. FY · 2025-12-31	$50M	1.4	1.3	13.3	96.1%
NFE	New Fortress Energy Inc. TTM · 2026-06-30	$24M	-	-	-	-
CETY	CLEAN ENERGY TECHNOLOGIES, INC. FY · 2025-12-31	$12M	-	2.0	-	-113.7%

Related Industries

Electric Utilities

Multi-Utilities

Water Utilities

Data updated daily · Source: SEC EDGAR, Polygon.io