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Crude Petroleum & Natural Gas Extraction (NAICS 211111) Industry Market Research Report

Crude Petroleum & Natural Gas Extraction - Market Size and Forecast

The Crude Petroleum and Natural Gas Extraction report contains both historical and forecasted statistics. Total market size figures from 2015 to 2025 reveal industry growth patterns and trends. Market size measurements include both public and private companies in the industry.

20152016201720182019202020212022202320242025
Market Size (Total Revenue)

Included

% Growth Rate
Number of Companies
Total Employees
Average Revenue per Company
Average Employees per Company
Source: U.S. government financial data.

Industry Revenue ($ Billions)

Crude Petroleum & Natural Gas Extraction Industry Revenue
  • 2015
  • 2016
  • 2017
  • 2018
  • 2019
  • 2020
  • 2021


Advanced econometric models forecast five years of industry growth based on short- and long-term trend analysis. Market size includes revenue generated from all products and services sold within the industry.

Crude Petroleum & Natural Gas Extraction - Geographic Breakdown by U.S. State

Market size by state reveals local opportunity through the number of companies located in the region. Each state's growth rate is affected by regional economic conditions. Data by state can be used to pinpoint profitable and nonprofitable locations for Crude Petroleum & Natural Gas Extraction companies in the United States.

Crude Petroleum & Natural Gas Extraction Revenue by State

US Market Size by State

Distribution by Company Size

Company SizeAll IndustriesCrude Petroleum & Natural Gas Extraction
Small Business (< 5 Employees)

Included

Small Business (5 - 20)
Midsized Business (20 - 100)
Large Business (100 - 500)
Enterprise (> 500)

Crude Petroleum & Natural Gas Extraction - Income Statement (Average Financial Metrics)

Financial statement analysis determines averages for the following industry forces:
The report includes a traditional income statement from an "average" company (both public and private companies included).

Industry AveragePercent of Sales
Total Revenue

Included

Operating Revenue
Cost of Goods Sold (COGS)
Gross Profit
Operating Expenses
Operating Income
Non-Operating Income
Earnings Before Interest and Taxes (EBIT)
Interest Expense
Earnings Before Taxes
Income Tax
Net Profit


Average Income Statement

Average Income Statement

Cost of Goods Sold

Salaries, Wages, and Benefits

Rent

Advertising

Depreciation and Amortization

Officer Compensation

Net Income


Crude Petroleum & Natural Gas Extraction - Financial Ratio Analysis

Financial ratios allow a company's performance to be compared against that of its peers.

Financial RatioIndustry Average
Profitability Ratios

Included

Profit Margin
ROE
ROA
Liquidity Ratios
Current Ratio
Quick Ratio
Activity Ratios
Average Collection Period
Asset Turnover Ratio
Receivables Turnover Ratio
Inventory Conversion Ratio

Crude Petroleum & Natural Gas Extraction - Compensation and Salary Surveys

TitlePercent of WorkforceBottom QuartileAverage (Median) SalaryUpper Quartile
Management Occupations10%

Included

Chief Executives0%
General and Operations Managers3%
Business and Financial Operations Occupations13%
Business Operations Specialists6%
Financial Specialists7%
Accountants and Auditors6%
Accountants and Auditors6%
Architecture and Engineering Occupations12%
Engineers10%
Petroleum Engineers7%
Petroleum Engineers7%
Life, Physical, and Social Science Occupations6%
Office and Administrative Support Occupations12%
Construction and Extraction Occupations16%
Extraction Workers12%
Derrick, Rotary Drill, and Service Unit Operators, Oil, Gas, and Mining7%
Production Occupations6%
Transportation and Material Moving Occupations10%
Material Moving Workers8%
Pumping Station Operators7%
Wellhead Pumpers6%

Government Contracts

In 2008, the federal government spent a total of $31,601,995 on the crude petroleum & natural gas extraction industry. It has awarded 299 contracts to 24 companies, with an average value of $1,316,750 per company.

Crude Petroleum & Natural Gas Extraction and Adjacent Industries - Top Companies

CompanyAddressRevenue
($ Millions)

Included





Crude Petroleum & Natural Gas Extraction Industry Report
GeographyUnited States  
Publication DateAugust 2020
Report FormatPDF Download  
Price$495.99

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