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Hoover's is Beta Testing our Industries section.
Oil & Gas Exploration & Production Industry Financials
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Oil & Gas Exploration & Production Industry Financial Summary
The oil and gas exploration and production industry consists of about 7,000 companies with combined annual revenue of $260 billion. Major companies include Murphy Oil, Chesapeake Energy, Devon Energy, Anadarko Petroleum, and Occidental Petroleum. The industry is moderately fragmented: 10 percent of companies generate 60 percent of revenue.
Using the 2002 Census Bureau Economic Census, Hoover's has generated an industry financial summary for the Oil & Gas Exploration & Production industry.
| NAICS | NAICS Description | Establishments | Sales, Receipts, or Shipments ($1,000) | Annual Payroll ($1,000) | Paid Employees |
|---|---|---|---|---|---|
| 211111 | Crude petroleum and natural gas extraction | 7,227 | $83,973,980 | $4,876,484 | 90,719 |
| 211112 | Natural gas liquid extraction | 503 | $29,057,457 | $481,418 | 8,861 |
| 213111 | Drilling oil and gas wells | 1,926 | $9,069,001 | $2,490,409 | 60,450 |
| 213112 | Support activities for oil and gas operations | 6,367 | $11,542,808 | $3,847,309 | 108,363 |
| 333132 | Oil & gas field machinery & equipment mfg | 540 | $5,578,895 | $1,313,148 | 27,821 |
| 533110 | Lessors of nonfinancial intangible assets (exc copyrighted works) | 2,385 | $16,917,441 | $1,660,631 | 26,957 |
| 541360 | Geophysical surveying & mapping services | 742 | $1,048,841 | $394,755 | 8,183 |
| All NAICS Sectors | 19,690 | $157,188,423 | $15,064,154 | 331,354 |
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