Filing Flows › Industries › Energy › Crude Petroleum & Natural Gas
Crude Petroleum & Natural Gas SIC 1311
80 companies filing with the SEC under SIC 1311. Median revenue growth +25% year on year in Q3 2026 (middle half +0% to +47%, 44 companies). The growth model expects the industry's combined revenue to grow +48% in Q3 2026. 55 customer or supplier links named in annual reports.
Money flow: where the industry's revenue goes
Drawn in the browser: an estimate of where the industry's revenue goes — what it buys from other industries, the pay that reaches households, taxes and profit — beside its filed cash flow, two tiers of suppliers and its capital spending by kind of asset.
Open the industry: growth distribution, money flow, network →
Who sells to whom
Customers and suppliers named in the companies' annual reports; the share is of the supplier's revenue.
- MTDR → Plains Marketing, L.P 49% of the supplier's revenue, $1.8B
- FANG → Enterprise Crude Oil LLC 12% of the supplier's revenue, $1.8B
- PR → Enterprise Crude Oil, LLC 34% of the supplier's revenue, $1.7B
- FANG → Vitol Inc 11% of the supplier's revenue, $1.7B
- HESM → CVX 97% of the supplier's revenue, $1.6B
- CHRD → PSX 21% of the supplier's revenue, $1.0B
- AR → MarkWest Energy Partners, L.P 16% of the supplier's revenue, $844M
- VNOM → FANG 55% of the supplier's revenue, $767M
- TALO → SHEL 35% of the supplier's revenue, $623M
- CHRD → MPC 12% of the supplier's revenue, $585M
- DTM → EXE 45% of the supplier's revenue, $559M
- MUR → CVX 19% of the supplier's revenue, $517M
- CRGY → EPD 12% of the supplier's revenue, $419M
- TALO → XOM 23% of the supplier's revenue, $409M
- CRK → VG 18% of the supplier's revenue, $400M
- MUR → XOM 12% of the supplier's revenue, $326M
- CRK → SHEL 11% of the supplier's revenue, $244M
- TALO → CVX 12% of the supplier's revenue, $214M
- CNX → Direct Energy Business Marketing LLC
- CNX → Citadel Energy Marketing LLC 10% of the supplier's revenue, $206M
- VNOM → XOM 14% of the supplier's revenue, $195M
- TALO → VLO 10% of the supplier's revenue, $178M
- WBI → PR 30% of the supplier's revenue, $158M
- BATL → SUN 86% of the supplier's revenue, $143M
- BATL → Sunoco and Western Refining Inc 83% of the supplier's revenue, $138M
Growth model
Industry revenue, the same companies year on year; 80% ranges. Fitted on SEC filings and tested out of sample (how).
| Quarter | Growth Y/Y | Revenue | 80% range |
|---|---|---|---|
| Q3 2026 | +47.7% | $70.3B | $61.2B – $79.5B |
| Q4 2026 | +47.0% | $63.2B | $54.7B – $71.7B |
| Q1 2027 | +42.9% | $71.8B | $61.8B – $81.8B |
| Q2 2027 | +38.4% | $91.7B | $78.6B – $104.9B |
Capital spending and supply chain →
Companies
| Company | Quarterly revenue | Y/Y | Stage |
|---|---|---|---|
| EOG EOG Resources | $8.5B | +46% | deceleration |
| OXY Occidental Petroleum | $8.1B | — | reacceleration |
| DVN Devon Energy | $6.9B | +58% | deceleration |
| FANG Diamondback Energy | $5.4B | +38% | deceleration |
| EXE Expand Energy | $3.3B | +11% | transition |
| PARR PAR Pacific Holdings | $3.1B | +52% | deceleration |
| OVV Ovintiv | $2.6B | +26% | deceleration |
| SM SM Energy | $2.2B | +167% | deceleration |
| PR Permian Resources | $2.0B | +48% | deceleration |
| EQT EQT | $1.8B | -10% | mature |
| CHRD Chord Energy | $1.7B | +30% | deceleration |
| AR Antero Resources | $1.6B | +29% | reacceleration |
| Continental Resources | $1.4B | -33% | contraction |
| CRGY Crescent Energy | $1.4B | +56% | expansion |
| MTDR Matador Resources | $1.2B | +24% | deceleration |
| MUR Murphy Oil | $855M | +17% | deceleration |
| RRC Range Resources | $843M | +13% | transition |
| VNOM Viper Energy | $661M | +58% | deceleration |
| TALO Talos Energy | $596M | +32% | deceleration |
| CNX CNX Resources | $580M | -0.7% | mature |
| MGY Magnolia Oil & Gas | $514M | +58% | expansion |
| CRC California Resources | $421M | -51% | contraction |
| HESM Hess Midstream LP | $410M | -3% | mature |
| KOS Kosmos Energy | $410M | +32% | deceleration |
| PHXE-P Phoenix Energy One, LLC | $406M | — | deceleration |
| BKV BKV | $390M | +95% | expansion |
| CRK Comstock Resources | $384M | -15% | transition |
| GPOR Gulfport Energy | $362M | -5% | mature |
| NOG Northern Oil & Gas | $346M | -38% | contraction |
| MNR Mach Natural Resources LP | $319M | +17% | deceleration |
| AESI Atlas Energy Solutions | $268M | +3% | mature |
| REPX Riley Exploration Permian | $201M | +88% | deceleration |
| GRNT Granite Ridge Resources | $177M | +57% | expansion |
| INR Infinity Natural Resources | $171M | — | expansion |
| GTE Gran Tierra Energy | $168M | +13% | deceleration |
| TTI Tetra Technologies | $168M | +10% | mature |
| WTI W&T Offshore | $167M | +31% | transition |
| BDCO Blue Dolphin Energy | $144M | — | reacceleration |
| SOC Sable Offshore | $137M | — | — |
| EGY Vaalco Energy | $135M | — | reacceleration |
| DEC Diversified Energy | $109M | -78% | contraction |
| REI Ring Energy | $102M | +30% | transition |
| BSM Black Stone Minerals, L.P. | $99.7M | -25% | contraction |
| PROP Prairie Operating | $98.9M | — | deceleration |
| KRP Kimbell Royalty Partners, LP | $86.3M | +7% | deceleration |
| VTS Vitesse Energy | $83.0M | +23% | transition |
| TXO TXO Partners, L.P. | $55.1M | -45% | contraction |
| SD Sandridge Energy | $54.4M | +37% | deceleration |
| AMPY Amplify Energy | $52.7M | — | transition |
| DMLP Dorchester Minerals, L.P. | $51.4M | +45% | deceleration |
| BATL Battalion Oil | $48.1M | — | transition |
| PED Pedevco | $46.1M | — | expansion |
| PNRG Primeenergy Resources | $42.5M | — | mature |
| WHK WhiteHawk Minerals | $29.1M | — | transition |
| EPM Evolution Petroleum | $24.2M | — | transition |
| EPSN Epsilon Energy | $18.3M | — | transition |
| Energy 11, L.P. | $16.4M | — | mature |
| ANNA AleAnna | $10.2M | — | deceleration |
| EP Empire Petroleum | $9.5M | — | mature |
| Energy Resources 12, L.P. | $7.2M | — | transition |
Growth from positive, comparable quarterly revenue as filed; industries are SEC Standard Industrial Classification codes. Data Nov 8, 2026.