undamentalytics Newsletter

Oil & Gas Refining & Marketing stocks

19 US-listed companies in oil & gas refining & marketing, with $543.5bn of combined revenue in their latest fiscal years. Marathon Petroleum is the largest ($132.7bn). The fastest grower with at least $100m of revenue in both years is Uni-fuels Holdings Ltd, up 70.0%. The median company grew −6.0% with a net margin of 0.4%.

Companies19
Combined revenue$543.5bn
Median revenue growth−6.0%
Median net margin0.4%
Median return on equity5.0%
#CompanyRevenueGrowthNet marginROEFiscal year
1 Marathon PetroleumMPC $132.7bn −4.4% 3.0% 23.1% 2025
2 Phillips 66PSX $132.4bn −7.5% 3.3% 15.6% 2025
3 Valero EnergyVLO $122.7bn −5.5% 1.9% 9.7% 2025
4 World Kinect CorpWKC $36.9bn −12.5% −1.7% −37.8% 2025
5 PBF Energy Inc.PBF $29.3bn −11.4% −0.5% −2.9% 2025
6 HF Sinclair CorpDINO $26.9bn −6.0% 2.2% 6.3% 2025
7 Ultrapar Holdings IncUGP $25.5bn 2.5% 1.7% 16.6% 2025
8 Delek US Holdings, Inc.DK $10.7bn −9.5% −0.2% −4.1% 2025
9 PAR Pacific Holdings, Inc.PARR $7.5bn −6.4% 4.9% 27.3% 2025
10 CVR Energy IncCVI $7.2bn −5.9% 0.4% 3.8% 2025
11 Calumet, Inc.CLMT $4.1bn −1.2% −0.8% — 2025
12 Crossamerica Partners LPCAPL $3.7bn −10.6% 1.1% — 2025
13 Green Plains Inc.GPRE $2.1bn −14.9% −5.8% −14.9% 2025
14 REX American Resources CorpREX $650m 1.2% 12.8% 14.2% 2026
15 CBL International LtdBANL $538m −9.1% −0.6% −14.0% 2025
16 Delixy Holdings LtdDLXY $308m −2.3% −1.5% — 2025
17 Uni-fuels Holdings LtdUFG $264m 70.0% −0.7% −23.3% 2025
18 PTL LtdPTLE $72m −27.0% −1.6% −24.8% 2025
19 XCF Global, Inc.SAFX $21m — 355.5% 187.1% 2025

Medians cover companies with at least $100m of revenue (growth: in both years). Growth is the latest fiscal year against the year before and includes acquisitions.

Other energy industries

Figures from each company's latest annual report filed with the SEC (10-K or 20-F), as reported, with the fiscal year shown. Not investment advice. How we read filings: methodology.