21companies in Energy
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Compare companies, side by side

The same facts from the filings for each company in a group, where each stands among the others, and what each wrote about a topic in its latest 10-K.

Group median · 21 companies
Sales growth
-0.3%
Gross margin
34%
Operating margin
26%
Net margin
13%
Where each stands

The 3 largest, ranked among the group

Each corner is the share of Energy companies the company is above on that ratio. The dashed line is the middle of the group. A rank, not a score.

XOM ExxonMobil
Revenue $334.2B, last twelve months
Year by year
Revenue growth: -5.0%, above 20% of 20 peers (their median 1.8%) REVENUE GROWTH -5.0% · above 20% Net margin: 7.6%, above 5% of 20 peers (their median 14.8%) NET MARGIN 7.6% · above 5% FCF margin: 5.6%, above 15% of 13 peers (their median 12.4%) FCF MARGIN 5.6% · above 15%
Sales growth
-5.0%
Operating margin
-
FCF margin
5.6%

11 paragraphs of its Risk Factors mention Climate, against 11 the year before.

CVX Chevron Corporation
Revenue $233.3B, last twelve months
Year by year
Revenue growth: -6.8%, above 10% of 20 peers (their median 1.8%) REVENUE GROWTH -6.8% · above 10% Gross margin: 42.4%, above 71% of 7 peers (their median 25.2%) GROSS MARGIN 42.4% · above 71% Net margin: 11.6%, above 45% of 20 peers (their median 14.8%) NET MARGIN 11.6% · above 45% FCF margin: 14.6%, above 62% of 13 peers (their median 11.9%) FCF MARGIN 14.6% · above 62%
Sales growth
-6.8%
Operating margin
-
FCF margin
15%

20 paragraphs of its Risk Factors mention Climate, against 21 the year before.

MPC Marathon Petroleum
Revenue $174.8B, last twelve months
Year by year
Revenue growth: -4.4%, above 30% of 20 peers (their median 1.8%) REVENUE GROWTH -4.4% · above 30% Gross margin: 15.9%, above 29% of 7 peers (their median 41.8%) GROSS MARGIN 15.9% · above 29% Operating margin: 12.5%, above 8% of 12 peers (their median 27.3%) OPERATING MARGIN 12.5% · above 8% Net margin: 8.4%, above 10% of 20 peers (their median 14.8%) NET MARGIN 8.4% · above 10% FCF margin: 11.9%, above 46% of 13 peers (their median 12.4%) FCF MARGIN 11.9% · above 46% Return on capital: 12.4%, above 83% of 12 peers (their median 8.4%) RETURN ON CAPITAL 12.4% · above 83%
Sales growth
-4.4%
Operating margin
13%
FCF margin
12%

17 paragraphs of its Risk Factors mention Climate, against 21 the year before.

From the filings

Energy: the same facts for each company

Showing 12 of 21, largest revenue first
Company Revenue, 12 months Sales growth Gross / operating margin Net margin Debt / equity Accounting items Insider buys Investors Open
XOM ExxonMobil
$334.2B
-5.0%
GM -OM -
7.6% 0.19 0 of 5to read 0 0 10-K
CVX Chevron Corporation
$233.3B
-6.8%
GM 42%OM -
12% 0.17 2 of 6to read 0 0 10-K
MPC Marathon Petroleum
$174.8B
-4.4%
GM 16%OM 13%
8.4% 1.42 2 of 6to read 0 0 10-K
PSX Phillips 66
$168.2B
-7.5%
GM 15%OM -
7.5% 0.54 2 of 6to read 0 0 10-K
VLO Valero Energy
$153.3B
-5.5%
GM 12%OM 11%
8.4% 0.39 1 of 6to read 0 0 10-K
COP ConocoPhillips
$67.7B
+7.7%
GM 51%OM -
17% 0.35 0 of 6to read 0 0 10-K
OKE Oneok
$43.2B
+55%
GM 25%OM 14%
9.4% 1.22 1 of 6to read 0 0 10-K
SLB Schlumberger
$36.9B
-1.6%
GM -OM -
8.4% 0.43 2 of 6to read 0 0 10-K
EOG EOG Resources
$29.7B
-4.5%
GM -OM 36%
28% 0.24 1 of 6to read 0 0 10-K
BKR Baker Hughes
$28.7B
-0.3%
GM -OM -
10% 0.91 0 of 6to read 1 0 10-K
OXY Occidental Petroleum
$25.0B
-1.9%
GM -OM -
30% 0.25 0 of 6to read 0 0 10-K
HAL Halliburton
$22.5B
-3.3%
GM -OM 13%
8.9% 0.64 1 of 6to read 0 0 10-K
Sales growth is the last fiscal year against the one before; margins are over the last twelve months. Where each comes from

How to read this page

  • A radar shows where a company ranks among its group on six ratios. A corner at the edge means it is above every other company on that ratio.
  • A table row lists the facts as the filings give them: revenue, growth, margins, debt to equity, the accounting checks, insider buying and followed investors holding.
  • A bubble to the right grew faster, and one higher up kept more of its sales as free cash flow.
  • A bar is paragraphs that mention the topic this year, and the mark on it is last year.

Risk Factors and XBRL figures from each company's latest 10-K, read nightly from SEC EDGAR. Nothing here is a rating.

By topic · 10-K Item 1A

Climate: paragraphs that mention it

COP 42 vs 41 EOG 29 vs 29 PSX 27 vs 30 CVX 20 vs 21 WMB 19 vs 19 EQT 17 vs 20 MPC 17 vs 21 APA 16 vs 12 EXE 16 vs 17 FANG 15 vs 17 TRGP 15 vs 19 VLO 13 vs 16 DVN 12 vs 12 KMI 11 vs 12 XOM 11 vs 11
All 26 companies
OXY 10 vs 25 BKR 9 vs 13 OKE 9 vs 9 HAL 8 vs 8 SLB 8 vs 8 TPL 3 vs 4 AM 0 vs 0 AR 0 vs 0 ARLP 0 vs 0 AROC 0 vs 0 BSM 0 vs 0

Risk Factors paragraphs in each company's latest 10-K, most mentions first. The bar is this year and the mark is last year. 32 companies have no 10-K downloaded yet.

In their words

What the companies wrote

The paragraphs as filed, each linked to its filing on sec.gov

COP CONOCOPHILLIPS

42 paragraphs

For more information on legislation or precursors for possible regulation relating to global climate change that affect or could affect our operations and a description of the company's response, see the "Contingencies - Climate Change” and " - Company Response to Climate-Related Risks" sections of Management’s Discussion and Analysis of Financial Condition and Results of Operations.

Item 1A, Risk Factors, 10-K Feb 17, 2026

• Climate Private Action laws. In 2025, California, New Hampshire, and Oregon introduced bills seeking to create a private right of action for individuals to bring strict liability claims for alleged damages related to climate change impacts (including non-economic, actual and punitive damages). These bills also authorize insurance companies to pursue subrogation claims to recover damages for amounts paid to insureds for climate change impacts.

Item 7, MD&A, 10-K Feb 17, 2026

EOG EOG RESOURCES INC

29 paragraphs

• the impact of climate change-related legislation, policies and initiatives; climate change-related political, social and shareholder activism; and physical, transition and reputational risks and other potential developments related to climate change;

Item 7, MD&A, 10-K Feb 24, 2026

Lastly, as noted above, the SEC, in March 2024, finalized extensive climate-related disclosure rules that would require U.S. public companies to significantly expand the climate-related disclosures in their SEC filings (although these rules have been stayed in …

Item 1A, Risk Factors, 10-K Feb 24, 2026

PSX Phillips 66

27 paragraphs

International climate change-related efforts, such as the 2015 United Nations Conference on Climate Change, which led to the creation of the Paris Agreement, and the 2023 United Nations Climate Change Conference, may impact the regulatory framework of states whose …

Item 1A, Risk Factors, 10-K Feb 20, 2026

Climate change and severe weather may adversely affect our and our joint ventures’ facilities and ongoing operations.

Item 1A, Risk Factors, 10-K Feb 20, 2026

CVX CHEVRON CORP

20 paragraphs

Climate Change Information related to climate change-related matters is included in Note 16 Litigation under the heading “Climate Change.”

Item 7, MD&A, 10-K Feb 24, 2026

Attention to environmental, social, and governance (ESG) matters impacts our company Attention to ESG matters, including those related to climate change and sustainability, evolving societal, investor and governmental pressure on companies to address ESG matters, and potential customer and consumer …

Item 1A, Risk Factors, 10-K Feb 24, 2026

WMB WILLIAMS COMPANIES, INC.

19 paragraphs

To the extent financial markets view climate change and greenhouse gas (“GHG”) emissions as a financial risk, this could negatively impact Williams’, Transco’s, and NWP’s cost of and access to capital. Climate change and GHG regulation could also reduce demand for Williams’, Transco’s, and NWP’s services. The business could also be affected by the potential for lawsuits against GHG emitters, based on links drawn between GHG emissions and climate change.

Item 1A, Risk Factors, 10-K Feb 24, 2026

• Risks associated with weather and natural phenomena, including climate conditions and physical damage to facilities;

Item 1A, Risk Factors, 10-K Feb 24, 2026

EQT EQT Corp

17 paragraphs

We may also face increased litigation risks arising from climate-related disclosures required by regulations. In addition, enhanced climate disclosure could accelerate the trend of certain stakeholders and lenders restricting or seeking more stringent conditions with respect to their investments …

Item 1A, Risk Factors, 10-K Feb 18, 2026

In addition, regulations requiring the disclosure of GHG emissions and other climate-related information or information substantiating climate-related claims are being adopted or proposed at the state level (e.g., although subject to ongoing legal challenges and certain requirements …

Item 1A, Risk Factors, 10-K Feb 18, 2026
Show all 26 companies' quotes

MPC Marathon Petroleum Corp

17 paragraphs

Energy companies are subject to increasing environmental and climate-related litigation.

Item 1A, Risk Factors, 10-K Feb 26, 2026

… states have filed lawsuits against various energy companies, including us, alleging damages as a result of climate change, false statements about climate change, and violations of various consumer protection statutes. The plaintiffs are seeking unspecified damages and abatement under various …

Item 1A, Risk Factors, 10-K Feb 26, 2026

EXE EXPAND ENERGY Corp

16 paragraphs

… As a result, it is not possible at this time to predict how legislation or regulations that may be adopted to address climate change, methane and other GHG emissions would impact our business. Further, the Supreme Court’s decision in …

Item 1A, Risk Factors, 10-K Feb 18, 2026

… The IRA, signed into law in August 2022, provides significant funding and incentives for research, development and implementation of low-carbon energy production methods, carbon capture, and other programs directed at addressing climate change. In January 2025, the current Presidential …

Item 1A, Risk Factors, 10-K Feb 18, 2026

FANG Diamondback Energy, Inc.

15 paragraphs

The enactment of climate change-related regulations, policies and initiatives may also result in increases in our compliance costs and other operating costs and have other adverse effects, such as a greater potential for governmental investigations or litigation. For further discussion regarding the risks to us of climate change-related regulations, policies and initiatives, please see the section entitled Items 1 and 2. Business and Properties - Regulation - Climate Change of this report.

Item 1A, Risk Factors, 10-K Feb 25, 2026

• Changing political and social perspectives on climate change and other environmental, social and governance factors

Item 1A, Risk Factors, 10-K Feb 25, 2026

TRGP Targa Resources Corp.

15 paragraphs

• the impact of seasonality and weather, including severe weather conditions and other natural disasters, such as flooding, droughts and winter storms, the frequency, severity and impact of which could be increased by the effects of climate change;

Item 1A, Risk Factors, 10-K Feb 19, 2026

… Our planning for normal climatic variation, insurance programs and emergency recovery plans may inadequately mitigate the effects of such weather conditions, and not all such effects can be predicted, eliminated or insured against. Potential climatic changes may have significant physical …

Item 1A, Risk Factors, 10-K Feb 19, 2026

KMI KINDER MORGAN, INC.

11 paragraphs

Public attention with respect to climate matters has resulted in an overall increase in climate focused activities in recent years by interested stakeholders, including government authorities and private interest groups. These include efforts to implement new laws, regulations, and policies …

Item 1A, Risk Factors, 10-K Feb 13, 2026

… Many climate models indicate that global warming is likely to result in rising sea levels, increased frequency and severity of weather events such as winter storms, hurricanes and tropical storms, extreme precipitation, and flooding. These climate-related changes could result …

Item 1A, Risk Factors, 10-K Feb 13, 2026

XOM EXXON MOBIL CORP

11 paragraphs

… The climate accord reached at the 2015 Conference of the Parties (COP 21) in Paris set many new goals, and many related policies are still emerging. Our Outlook reflects an environment with increasingly stringent climate policies and seeks to identify …

Item 7, MD&A, 10-K Feb 18, 2026

… Our facilities are designed, engineered, constructed, and operated to withstand a variety of extreme climatic and other conditions, with safety factors built in to cover a number of uncertainties, including those associated with wave, wind, and current intensity, marine ice …

Item 1A, Risk Factors, 10-K Feb 18, 2026

OXY OCCIDENTAL PETROLEUM CORP /DE/

10 paragraphs

• Changes in laws, regulations or interpretation or enforcement practices, including those related to drilling, completions, production, environmental protection, taxation, royalties, trade and climate change;

Item 1A, Risk Factors, 10-K Feb 18, 2026

Health, safety and environmental laws and regulations and climate-related policies could have a material adverse effect on the Company’s financial condition, results of operations and cash flows.

Item 1A, Risk Factors, 10-K Feb 18, 2026

BKR Baker Hughes Co

9 paragraphs

(2) For the years ended December 31, 2025, 2024, and 2023, total new energy orders incorporates Climate Technology Solutions ("CTS") in IET.

Item 7, MD&A, 10-K Feb 5, 2026

There is ongoing focus by governments and our customers, investors and other stakeholders on climate change, sustainability, and energy transition matters. However, the pace and direction of the transition to a lower-

Item 1A, Risk Factors, 10-K Feb 5, 2026

SLB SLB LIMITED/NV

8 paragraphs

Continuing political and social attention to the issue of climate change has resulted in both existing and proposed international agreements and national, regional, and local legislation and regulatory measures to limit GHG emissions and mitigate the effects of climate change …

Item 1A, Risk Factors, 10-K Jan 23, 2026

Severe weather events, including extreme weather conditions associated with climate change, have in the past and may in the future adversely affect our operations and financial results.

Item 1A, Risk Factors, 10-K Jan 23, 2026

TPL Texas Pacific Land Corp

3 paragraphs

… and related cost considerations, the levels of economic growth in different markets around the world and the adoption of climate change-related policies. In addition, the possibility of taxes on energy sources, including oil and gas, may affect the demand …

Item 1A, Risk Factors, 10-K Feb 18, 2026

Our current ESG disclosure is available at our website at www. TexasPacific.com. Our ESG disclosure has been prepared to align with the Sustainable Accounting Standards Board, the Global Reporting Initiative, and the Task Force on Climate Related Disclosures frameworks.

10-K, 10-K Feb 18, 2026

AM Antero Midstream Corp

0 paragraphs

Not mentioned in the latest 10-K.

AR ANTERO RESOURCES Corp

0 paragraphs

Not mentioned in the latest 10-K.

ARLP ALLIANCE RESOURCE PARTNERS LP

0 paragraphs

Not mentioned in the latest 10-K.

AROC Archrock, Inc.

0 paragraphs

Not mentioned in the latest 10-K.

BSM Black Stone Minerals, L.P.

0 paragraphs

Not mentioned in the latest 10-K.