Oil & gas refining & marketing
10 companies · $452B combined revenue · $12.1B operating profit
The typical US-listed oil & gas refining & marketing company grew revenue -5% and earnings 8.5% in its latest year, at a 2.6% operating margin, and 1 of 8 earn a return on capital above 15%. Figures from each company's latest annual filing with the SEC, refreshed daily.
Growth engines: the 4 Cylinders
All four working: 0% of companiesA company's earnings per share can grow in only four ways: more sales, profits growing faster than sales (operating leverage), wider margins, and less debt. Each bar is the share of companies where that engine worked in their latest year.
- Sales growth · Revenue up 10% or more0%
- Operating leverage · Operating income growing faster than a growing revenue17%
- Margin expansion · Operating margin up 1 point or more67%
- Debt reduction · Debt down 5% or more, or net cash10%
Combined revenue · 10 companies reporting in US dollars
Combined operating margin
All 10 companies
| Median | – | -5% | 8.5% | 2.6% | 6.5% | 1.29x |
| MPCMarathon Petroleum | $133B | -4.4%▲ | 17.5%▲ | 6.2%▲ | 12.9%▲ | 1.90x▼ |
| VLOValero Energy | $123B | -5.5%▼ | -15.2%▼ | 2.6%▼ | 7.2%▲ | 0.39x▲ |
| PSXPhillips 66 | $132B | -7.5%▼ | 108%▲ | – | – | 0.68x▲ |
| PBFPBF Energy | $29.3B | -11.4%▼ | – | -0.2%▼ | -0.6%▼ | 0.40x▲ |
| CVICVR Energy | $7.2B | -5.9%▼ | 286%▲ | 2.5%▼ | 6.1%▼ | 2.33x▼ |
| CLMTCalumet | $4.1B | -1.2%▲ | – | 2.6% | 5.9%▼ | – |
| DKDelek US | $10.7B | -9.5%▼ | – | 2.8%▲ | 7%▲ | 5.91x▼ |
| IEPIcahn Enterprises | $9.7B | -3.6%▲ | – | -3.6%▼ | – | – |
| VVVValvoline | $1.7B | 5.6%▲ | -0.4%▼ | 22.8%▲ | 16.8%▲ | 3.17x▼ |
| KWRQuaker Chemical | $1.9B | 2.7%▲ | -102%▼ | 2.8%▲ | 2.2%▼ | 0.63x▲ |
▲ better than the median, ▼ worse. n/a: the ratio doesn't apply to that kind of business (e.g. a bank's operating margin). Sort by any column. Figures from each company's latest 10-K (or 20-F/40-F).