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Hoover's is Beta Testing our Industries section.
Petroleum Bulk Stations & Terminals Industry Financials
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Petroleum Bulk Stations & Terminals Industry Financial Summary
The wholesale distribution of petroleum products in the US includes about 5,300 companies with annual revenue of around $300 billion. Revenue can vary significantly from year to year because the price of crude oil can vary by 50 percent within a year. The industry is highly concentrated: the 50 largest companies hold more than 70 percent of the market. A typical wholesaler has annual revenue between $1 and $25 million.
Using the 2002 Census Bureau Economic Census, Hoover's has generated an industry financial summary for the Petroleum Bulk Stations & Terminals industry.
| NAICS | NAICS Description | Establishments | Sales, Receipts, or Shipments ($1,000) | Annual Payroll ($1,000) | Paid Employees |
|---|---|---|---|---|---|
| 424710 | Petroleum bulk stations & terminals | 4,836 | $209,981,353 | $2,823,304 | 70,164 |
| 424720 | Petrol & petrol prod merchant wholesalers (exc bulk) | 3,216 | $111,265,183 | $1,491,795 | 34,752 |
| All NAICS Sectors | 8,052 | $321,246,536 | $4,315,099 | 104,916 |
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