Energy Trading & Marketing Industry Financials

Over 6,000 companies in the US are involved in the wholesale trade and retail distribution of electricity, with combined annual revenue of more than $220 billion. Companies include owners of high-voltage transmission lines and retail distribution systems, and intermediaries like energy dealers and brokers. The US consumes close to 4 billion megawatt hours (MWh) of electricity per year, about 50 percent of which is bought and sold on the wholesale market.

About 10,000 companies in the US explore, produce, transmit, and locally distribute natural gas, with combined annual revenue of $100 billion. Exploration and production are conducted by large, vertically integrated petroleum companies like ConocoPhillips and Chevron, by large independents such as Anadarko and Devon Energy, and by thousands of smaller exploration companies. Transmitting gas from production to consumption areas is handled by about 1,000 pipeline operators. Local distribution is handled by thousands of utilities. Regional energy companies like KeySpan and Dominion Resources combine transmission, storage, and distribution operations. The US consumes about 20 trillion cubic feet (TCF) of natural gas annually.

Using the 2002 Census Bureau Economic Census, Hoover's has generated an industry financial summary for the Energy Trading & Marketing industry.