Crude Petroleum Extraction in Texas
Revenue benchmarks for crude petroleum extraction businesses operating in Texas.
#5 of 50 states+41.6% vs national avg
Average Revenue
$24.8M
per year
Businesses
1,419
in Texas
Revenue / Employee
$1.2M
per year
Labor Cost
15.0%
of revenue
Profit Margin
15.0%
industry average
Market Saturation
4.9
firms per 100K in TX
Total Revenue
$35.2B
all firms in TX
Total Employees
30,417
in TX
How Texas Compares
National Average$17.5M
Texas$24.8M
Difference+$7.3M (+41.6%)