Category 08
Oil, gas, coal, and mining
Public companies with direct exposure to oil, gas, coal, mining, pipelines, refining, or related extraction services.
Classification and underwriting
- Category definition
- Public companies with direct exposure to oil, gas, coal, mining, pipelines, refining, or related extraction services.
- Inclusion rules
- oil
- gas
- coal
- mining
- pipelines
- refining
- Exclusion rules
- renewable-only firms
- Value-chain roles
- upstream producer
- midstream operator
- refiner
- coal producer
- miner
- oilfield-service provider
- Exposure measurement
- Revenue, cash flow, reserves, production, throughput, and asset mix by commodity and operating segment.
- Core operating signals
- production
- reserves
- realized pricing
- refining margin
- throughput
- capital spending
- leverage
- Underwriting variables
- cost curve
- reserve life
- transport access
- contract structure
- capital intensity
- balance sheet
- Failure conditions
- commodity collapse
- reserve impairment
- permitting loss
- leverage stress
- capital-cost overrun
- Monitoring triggers
- production guidance
- reserve revisions
- commodity hedges
- permit action
- debt maturities
- Portfolio use
- Commodity and infrastructure exposure divided by business model so cash-flow sensitivity is not treated as one trade.
Oil, gas, coal, and mining company research
Latest annual filing available through SEC EDGAR. Fiscal periods and currencies remain separate.
| Company | Revenue | Operating margin | Net margin | Operating cash flow | Assets | Liabilities | Annual filing |
|---|---|---|---|---|---|---|---|
| XOM · ExxonMobil Holdings Corp | USD 332 B | Not separately reported | 8.7% | USD 52 B | USD 449 B | USD 182 B | 10-K · 2025-12-31 |
| CVX · CHEVRON CORP | USD 184 B | Not separately reported | 6.7% | USD 33.9 B | USD 324 B | USD 132 B | 10-K · 2025-12-31 |
| COP · CONOCOPHILLIPS | USD 51.8 B | Not separately reported | 15.4% | USD 19.8 B | USD 122 B | USD 57.5 B | 10-K · 2025-12-31 |
| OXY · OCCIDENTAL PETROLEUM CORP /DE/ | USD 21.6 B | Not separately reported | 11% | USD 10.5 B | USD 84.2 B | USD 48.2 B | 10-K · 2025-12-31 |
| MPC · Marathon Petroleum Corp | USD 133 B | 6.3% | 3% | USD 8.3 B | USD 84 B | USD 59.9 B | 10-K · 2025-12-31 |
| BTU · PEABODY ENERGY CORP | USD 3.9 B | -2.1% | -1.1% | USD 334 M | USD 5.8 B | USD 2.2 B | 10-K · 2025-12-31 |
Research coverage only. No row identifies a holding, ranking, recommendation, target price, or performance result.