Crude Petroleum Extraction in Colorado

Revenue benchmarks for crude petroleum extraction businesses operating in Colorado.

#6 of 50 states+20.8% vs national avg

Average Revenue

$21.2M

per year

Businesses

204

in Colorado

Revenue / Employee

$1.3M

per year

Labor Cost

15.0%

of revenue

Profit Margin

15.0%

industry average

Market Saturation

3.5

firms per 100K in CO

Total Revenue

$4.3B

all firms in CO

Total Employees

3,312

in CO

How Colorado Compares

National Average$17.5M
Colorado$21.2M
Difference+$3.6M (+20.8%)