42% Micro
30% Small
11% Mega
9% Mid
7% Large
INSIGHTS - OCTOBER 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
1,654
Annual Sales
£79bn +
Employees
80,994
Economic Contribution
£54bn
Tags
Location of Oil & Gas Companies
Oil & Gas Companies by Size
Oil & Gas Companies by Age
34% Established
33% Mature
22% Young
9% Startup
1% New
Oldest Oil & Gas Companies
Established
Fastest Growing Oil & Gas Companies
34% Declining
29% Rapid
18% High
13% Healthy
6% Low
Fastest Growing Oil & Gas Companies
3yr CAGR
I3 Energy Plc
124%
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 1,654 active Businesses in the UK with combined annual sales of £79 billion .
The Industry employs around 80,993 people and contributes £54 billion to the economy.
The most popular location for Oil & Gas companies is London with 706 and the fewest are located in Northern Ireland with 8.
The largest Oil & Gas company is Shell Global Lng Limited with a turnover of £14.6bn. 42% of the industry is comprised of Micro companies with only 11% Mega companies.
9% of the Oil & Gas Industry is made up of 9% Startup but the majority are Established businesses (34%) the oldest company is One-dyas Eog Limited founded in 1902.
Oil & Gas industry has a number of high growth companies (13%), 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 4.10x, Turnover multiple of 1.80x and a Net Asset multiple of 1.39x.
