44% Micro
30% Small
11% Mega
9% Mid
6% Large
INSIGHTS - DECEMBER 2024
UK Oil & Gas Industry
UK Oil & Gas Industry Information
The oil and gas industry is focused on the exploration and production of petroleum and natural gas from wells including all activities in the preparation of oil and gas up to the point of shipment.
Active Businesses
1,572
Annual Sales
£74bn +
Employees
74,154
Economic Contribution
£49bn
Tags
Location of Oil & Gas Companies
Oil & Gas Companies by Size
Oil & Gas Companies by Age
38% Mature
33% Established
21% Young
8% Startup
Oldest Oil & Gas Companies
Established
Fastest Growing Oil & Gas Companies
34% Declining
27% Rapid
17% High
16% Healthy
7% Low
Fastest Growing Oil & Gas Companies
3yr CAGR
Oil & Gas Industry Competitive Environment - New Entrants vs Leavers
Oil & Gas Industry Valuation
EBITDA Multiple
Oil & Gas Industry Valuation
Turnover Multiple
Oil & Gas Industry Valuation
Net Asset Multiple
Note - from March 2020 multiples are calculated monthly, prior to this they were calculated on an annual basis.
UK Extraction of crude petroleum and natural gas Industry Insights
There are 1,572 active Businesses in the UK with combined annual sales of £74 billion .
The Industry employs around 74,154 people and contributes £49 billion to the economy.
The most popular location for Oil & Gas companies is London with 669 and the fewest are located in Northern Ireland with 7.
The largest Oil & Gas company is Shell Global Lng Limited with a turnover of £14.6bn. 44% of the industry is comprised of Micro companies with only 11% Mega companies.
21% of the Oil & Gas Industry is made up of 21% Young but the majority are Mature businesses (38%) the oldest company is One-dyas Eog Limited founded in 1902.
Oil & Gas industry has a number of high growth companies (16%), the fastest growing company is Bp Exploration (Alpha) Limited with a 3 year growth rate of 607%. Other fast growing companies include Bg International Limited (217%), Three60 Energy Wells Uk Limited (194%) and Totalenergies Offshore Uk Limited (128%).
The UK Oil & Gas Industry’s valuation has been improving over the past 3 years with a current EBITDA multiple of 4.30x, Turnover multiple of 1.98x and a Net Asset multiple of 1.46x.
