Crude Petroleum Extraction vs Support Activities for Oil and Gas Operations

Side-by-side revenue comparison of these two business types.

MetricCrude PetroleumSupport Activities
Average Revenue$17.5M$13.7M
Profit Margin15.0%15.0%
Est. Owner Income$2.6M$2.1M
Revenue / Employee$1.0M$620K
Labor Cost %15.0%15.0%
Total Businesses3,5387,659
Startup Cost (Low)$50K$50K
Startup Cost (High)$250K$250K
5-Year Survival Rate50.0%50.0%
YoY Growth5.0%5.0%
Avg Employee Wage$222K$107K