Crude Petroleum & Natural Gas Extraction Industry - Market Size, Trends, and Growth - 2025-2030

Market Size and Industry Forecast

This research report analyzes the market size and trends in the Crude Petroleum and Natural Gas Extraction industry. It shows overall market size from 2020 to the present, and predicts industry growth through 2030. Revenues data include both public and private companies.

	Historical					Forecasted
	2020	2021	2022	2023	2024	2025	2026	2027	2028	2029	2030
Market Size (Total Revenue)	Included in Report
% Growth Rate
Number of Companies
Total Employees
Average Revenue per Company
Average Employees per Company

Source: U.S. government financial data



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.

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.

Distribution by Company Size

Company Size	All Industries	Crude 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 Industry Income Statement (Average Financial Metrics)

Financial statement analysis determines averages for the following industry forces:

• Cost of goods sold
• Compensation of officers
• Salaries and wages
• Employee benefit programs
• Rent paid
• Advertising and marketing budgets

The report includes a traditional income statement from an "average" company (both public and private companies included).

	Industry Average	Percent 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

Financial Ratio Analysis

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

Financial Ratio	Industry 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 Industry Compensation and Salary Surveys

Title	Percent of Workforce	Bottom Quartile	Average (Median) Salary	Upper Quartile
Management Occupations	10%	Included
Chief Executives	0%
General and Operations Managers	3%
Business and Financial Operations Occupations	13%
Business Operations Specialists	6%
Financial Specialists	7%
Accountants and Auditors	6%
Accountants and Auditors	6%
Architecture and Engineering Occupations	12%
Engineers	10%
Petroleum Engineers	7%
Petroleum Engineers	7%
Life, Physical, and Social Science Occupations	6%
Office and Administrative Support Occupations	12%
Construction and Extraction Occupations	16%
Extraction Workers	12%
Derrick, Rotary Drill, and Service Unit Operators, Oil, Gas, and Mining	7%
Production Occupations	6%
Transportation and Material Moving Occupations	10%
Material Moving Workers	8%
Pumping Station Operators	7%
Wellhead Pumpers	6%

Government Contracts

The federal government spent an annual 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.

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

Company	Address	Revenue ($ Millions)
Included