Natural Gas Extraction Revenue Benchmarks

How much does the average natural gas extraction business make? Here are revenue benchmarks based on Census Bureau data.

Average Revenue

$29.9M

per year

💰

Profit Margin

15.0%

industry average

📈

Revenue / Employee

$904K

per year

👤

Total Businesses

863

in the US

🏢

Est. Owner Income

$4.5M

small business avg

💵

Labor Cost

15.0%

of revenue

👥

Avg Employee Wage

$166K

per year (BLS)

💼

Market Saturation

0.3

firms per 100K people

🎯

💰 Average Revenue by Business Size

1-4 employees
$827K
5-9 employees
$3.0M
10-19 employees
$7.5M
20-99 employees
$30.1M
100-499 employees
$126.6M
500+ employees
$316.6M

🏆 Highest Revenue States

1.Alaska$106.6M avg2.North Dakota$63.5M avg3.New Mexico$45.7M avg4.Colorado$40.1M avg5.Pennsylvania$36.9M avg6.Wyoming$34.7M avg7.Texas$31.1M avg8.Louisiana$29.9M avg9.Virginia$22.9M avg10.Montana$22.0M avg

📊 Industry Dynamics (Census BDS 2023)

New Business Rate

8.94%

openings/year

Closure Rate

8.68%

closings/year

Net Job Growth

+4.81%

annual

Businesses Closed

275

in 2023

Firm Count Trend

19
20
21
22
23
4,362 firms3,695 firms

💡 Should You Start a Natural Gas Extraction Business?

Startup Cost

$50K – $250K

Break-Even

0 months

5-Year Survival Rate

50.0%

🆚 Related Industries

Support Activities for Oil and Gas Operations$13.7MCrude Petroleum Extraction$17.5MDrilling Oil and Gas Wells$19.8MConstruction Sand and Gravel Mining$7.7MCrushed and Broken Limestone Mining and Quarrying$23.1M

Compare Natural Gas Extraction revenue with other industries:

vs Supportvs Crudevs Drilling