Filing Flows › Industries › Energy › Petroleum Refining
Petroleum Refining SIC 2911
15 companies filing with the SEC under SIC 2911. Median revenue growth +52% year on year in Q3 2026 (middle half +35% to +60%, 15 companies). The growth model expects the industry's combined revenue to grow +48% in Q3 2026. 36 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.
- PAA → XOM 31% of the supplier's revenue, $13.7B
- PAGP → XOM 31% of the supplier's revenue, $13.7B
- PBF Holding Co LLC → SHEL 13% of the supplier's revenue, $3.8B
- SUN → 7-Eleven, Inc 13% of the supplier's revenue, $3.3B
- IEP → UAN 28% of the supplier's revenue, $2.7B
- HESM → CVX 97% of the supplier's revenue, $1.6B
- CHRD → PSX 21% of the supplier's revenue, $1.0B
- CHRD → MPC 12% of the supplier's revenue, $585M
- MUR → CVX 19% of the supplier's revenue, $517M
- DKL → DK 49% of the supplier's revenue, $500M
- NE → XOM 12% of the supplier's revenue, $411M
- TALO → XOM 23% of the supplier's revenue, $409M
- MUR → XOM 12% of the supplier's revenue, $326M
- TALO → CVX 12% of the supplier's revenue, $214M
- VNOM → XOM 14% of the supplier's revenue, $195M
- TALO → VLO 10% of the supplier's revenue, $178M
- BATL → SUN 86% of the supplier's revenue, $143M
- SMHI → XOM 58% of the supplier's revenue, $132M
- AMPY → PSX 28% of the supplier's revenue, $73.7M
- EPM → XOM 46% of the supplier's revenue, $39.7M
- DMLP → XOM 15% of the supplier's revenue, $22.9M
- MNTK → XOM 11% of the supplier's revenue, $19.9M
- DMLP → CVX 10% of the supplier's revenue, $15.3M
- MXC → XOM 15% of the supplier's revenue, $984K
- PUMP → XOM
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 | +47.6% | $311.4B | $304.1B – $318.8B |
| Q4 2026 | +42.5% | $291.9B | $284.8B – $299.0B |
| Q1 2027 | +37.4% | $299.1B | $291.6B – $306.6B |
| Q2 2027 | +33.1% | $414.5B | $403.8B – $425.2B |
Capital spending and supply chain →
Companies
| Company | Quarterly revenue | Y/Y | Stage |
|---|---|---|---|
| XOM ExxonMobil Holdings | $113.2B | +33% | deceleration |
| CVX Chevron | $67.8B | +36% | deceleration |
| MPC Marathon Petroleum | $56.0B | +61% | expansion |
| PSX Phillips 66 | $50.5B | +46% | deceleration |
| VLO Valero Energy | $46.1B | +43% | deceleration |
| COP ConocoPhillips | $19.4B | +29% | deceleration |
| SUN Sunoco LP | $18.0B | +199% | expansion |
| SUNC SunocoCorp LLC | $18.0B | +199% | expansion |
| PBF PBF Energy | $12.1B | +59% | transition |
| PBF Holding Co LLC | $11.7B | +59% | transition |
| IMO Imperial Oil | $8.3B | +32% | deceleration |
| DK Delek US Holdings | $4.4B | +52% | transition |
| CVI CVR Energy | $3.3B | +69% | expansion |
| IEP Icahn Enterprises L.P. | $3.2B | +16% | deceleration |
| CLMT Calumet | $1.7B | +56% | reacceleration |
Growth from positive, comparable quarterly revenue as filed; industries are SEC Standard Industrial Classification codes. Data Nov 8, 2026.