Crude Petroleum Extraction in Virginia
Revenue benchmarks for crude petroleum extraction businesses operating in Virginia.
#30 of 50 states-92.3% vs national avg
Average Revenue
$1.3M
per year
Businesses
5
in Virginia
Revenue / Employee
$515K
per year
Labor Cost
15.0%
of revenue
Profit Margin
15.0%
industry average
Market Saturation
0.1
firms per 100K in VA
Total Revenue
$6.7M
all firms in VA
Total Employees
13
in VA
How Virginia Compares
National Average$17.5M
Virginia$1.3M
Difference$16.2M (-92.3%)