Crude Petroleum Extraction in West Virginia
Revenue benchmarks for crude petroleum extraction businesses operating in West Virginia.
#17 of 50 states-68.9% vs national avg
Average Revenue
$5.4M
per year
Businesses
58
in West Virginia
Revenue / Employee
$510K
per year
Labor Cost
15.0%
of revenue
Profit Margin
15.0%
industry average
Market Saturation
3.2
firms per 100K in WV
Total Revenue
$315.5M
all firms in WV
Total Employees
618
in WV
How West Virginia Compares
National Average$17.5M
West Virginia$5.4M
Difference$12.1M (-68.9%)