42% Micro
31% Small
12% Mega
8% Mid
7% Large
INSIGHTS - APRIL 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
1,667
Annual Sales
£107bn +
Employees
95,360
Economic Contribution
£68bn
Tags
Location of Oil & Gas Companies
Oil & Gas Companies by Size
Oil & Gas Companies by Age
34% Established
33% Mature
23% Young
9% Startup
0% New
Oldest Oil & Gas Companies
Established
Fastest Growing Oil & Gas Companies
34% Declining
32% Rapid
14% Healthy
14% High
6% 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 1,667 active Businesses in the UK with combined annual sales of £107 billion .
The Industry employs around 95,360 people and contributes £68 billion to the economy.
The most popular location for Oil & Gas companies is London with 726 and the fewest are located in Northern Ireland with 9.
The largest Oil & Gas company is Shell Global Lng Limited with a turnover of £22.9bn. 42% of the industry is comprised of Micro companies with only 12% 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 (14%), the fastest growing company is Ithaca Alpha (N.i.) Limited with a 3 year growth rate of 277%. Other fast growing companies include Bp Exploration (Alpha) Limited (230%), Bg International Limited (142%) and Neo Energy Petroleum Limited (124%).
The UK Oil & Gas Industry’s valuation has been improving over the past 3 years with a current EBITDA multiple of 4.83x, Turnover multiple of 2.20x and a Net Asset multiple of 1.46x.
