Crude Petroleum Extraction in Minnesota

Revenue benchmarks for crude petroleum extraction businesses operating in Minnesota.

#34 of 50 states-97.8% vs national avg

Average Revenue

$382K

per year

Businesses

3

in Minnesota

Revenue / Employee

$382K

per year

Labor Cost

15.0%

of revenue

Profit Margin

15.0%

industry average

Market Saturation

0.1

firms per 100K in MN

Total Revenue

$1.1M

all firms in MN

Total Employees

3

in MN

How Minnesota Compares

National Average$17.5M
Minnesota$382K
Difference$17.1M (-97.8%)