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Hoover's is Beta Testing our Industries section.
Natural Gas Utilities Industry Financials
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Natural Gas Utilities Industry Financial Summary
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 Natural Gas Utilities industry.
| NAICS | NAICS Description | Establishments | Sales, Receipts, or Shipments ($1,000) | Annual Payroll ($1,000) | Paid Employees |
|---|---|---|---|---|---|
| 221210 | Natural gas distribution | 2,376 | $66,515,186 | $5,369,818 | 85,447 |
| 486210 | Pipeline transportation of natural gas | 1,431 | $14,797,371 | $1,575,136 | 23,677 |
| All NAICS Sectors | 3,807 | $81,312,557 | $6,944,954 | 109,124 |
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