FINHUB Insights

Energy

13 companies side by side, each showing its newest quarter, so you can see who is big in the sector and who turns it into profit. That is 21 minus the 8 whose statement we cannot draw; they are listed at the foot of the page.

Every figure here is one quarter, the newest each company has filed, so the quarters differ from row to row, and the rows run from the largest of those quarters down. The ranking on All companies adds up the last four instead, which is what makes companies on different fiscal years comparable.

Company Revenue, one quarter Year over year Operating margin Net profit Net margin
MPC Marathon Petroleum Q2 FY26 Year over year +54% Operating margin 14% Net margin 10% $52.0B +54% 14% $5.1B 10%
VLO Valero Energy Q2 FY26 Year over year +49% Operating margin 12% Net margin 8% $44.5B +49% 12% $3.7B 8%
OKE Oneok Q2 FY26 Year over year +53% Operating margin 13% Net margin 8% $12.0B +53% 13% $1.0B 8%
EOG EOG Resources Q2 FY26 Year over year +57% Operating margin 41% Net margin 32% $8.6B +57% 41% $2.7B 32%
HAL Halliburton Q2 FY26 Year over year +4% Operating margin 14% Net margin 9% $5.7B +4% 14% $0.5B 9%
FANG Diamondback Energy Q2 FY26 Year over year +51% Operating margin 45% Net margin 34% $5.6B +51% 45% $1.9B 34%
KMI Kinder Morgan Q2 FY26 Year over year +11% Operating margin 30% Net margin 19% $4.5B +11% 30% $0.9B 19%
TRGP Targa Resources Q2 FY26 Year over year +4% Operating margin 28% Net margin 17% $4.4B +4% 28% $0.8B 17%
EXE Expand Energy Q1 FY26 Year over year +100% Operating margin 35% Net margin 26% $4.4B +100% 35% $1.2B 26%
WMB Williams Companies Q2 FY26 Year over year +10% Operating margin 37% Net margin 27% $3.1B +10% 37% $0.8B 27%
OXY Occidental Petroleum Q4 FY25 Year over year +39% Operating margin 10% Net margin 4% $2.9B +39% 10% $0.1B 4%
EQT EQT Q2 FY26 Year over year −29% Operating margin 22% Net margin 12% $1.8B −29% 22% $0.2B 12%
TPL Texas Pacific Land Q2 FY26 Year over year +31% Operating margin 78% Net margin 63% $0.2B +31% 78% $0.2B 63%

Diagrams

the 9 largest

Cost of revenue Operating expenses Tax and other Net profit

In the bar on each card, every block is its share of revenue.

The rest of the sector

8 companies

In the index, in this sector, and not in the table above. A bank, an insurer or a property trust does not have an income statement this shape, so there is no diagram to draw; the rest are ones we have not drawn yet. Each one still has a page.